Cars.com has a 2014 Chevrolet Impala long-term test car in their possession, and they’re sharing the cost of ownership. This information can give anyone thinking about buying an Impala real, first-hand information about what it really costs to own one of these cars.
Over the course of 13,808 miles, the total cost to the test drivers has reached $38,320.35 to own a 2014 Chevy Impala. Before that figure fills you with rage, it’s important to note that majority of the cost is from the $35,806.56 purchase price. The only money they’ve put in outside of that totals up to be $2,513.79, so not too bad!
Included in the price is 13,808 miles worth of regular fuel and wheel repairs (does that really apply to most people though? hope not.) — if you manage to not curb a wheel and avoid monstrous potholes, the real total would be $2,393.89 in gasoline and that’s it. There are a few things missing from the cost-to-own breakdown, like auto insurance, for example.
Regular maintenance adds up to $0 due to Chevrolet’s two year/24,000 mile complimentary maintenance that has covered two oil changes and tire rotations on the vehicle. The team is left with two remaining services before reaching the four maximum on the plan.
For an alternative perspective, Edmunds.com offers estimates of the true cost to own a vehicle. They have the 2014 Impala set at $11,980 during the first year, but their information is configured slightly differently. This includes monthly financing instead of the entire MSRP and depreciation. Their estimate of fuel cost isn’t inline with the crew at Cars.com — estimating a total of $2,022 over a year’s time and 15,000 miles.