These are the cheapest vehicles to own for 5 years

Test drive: 2022 Toyota Sienna Woodland

The 2022 Toyota Sienna Woodland is the first minivan designed with some off-road capability, so that's where Fox News Autos Editor Gary Gastelu went to try it out.

Average prices for new vehicles have reached record highs in recent months, but the number buyers write on the check at the dealership is only the beginning of the story.

New car transaction prices have reached record highs. (Jacek Bozarski/Anadolu Agency via Getty Images)

While commercial customers are very tuned into the idea of total cost of ownership, many retail shoppers don't fully account for how much they'll have to spend on insurance, fuel and maintenance during the time they own their vehicle.

The value at the end of a loan term also plays a major role in getting the most bang for the buck.

Kelly Blue Book has taken all of this into account and rounded up the top models for each vehicle type and size class.

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The automotive research and valuation firm also picked Toyota and Lexus as the best brands overall for cost to own thanks to their reliability and competitive up front pricing, but the individual winners, what they cost to own over five years and how much they'll save over the segment competition are as follows: