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02-12-2013, 07:03 AM
Filed under: Car Buying (http://www.autoblog.com/category/carbuying/), Lexus (http://www.autoblog.com/category/lexus/), Mazda (http://www.autoblog.com/category/mazda/)
http://www.blogcdn.com/www.autoblog.com/media/2013/02/logo-original.jpg (http://motorgen.com/2013/02/12/mazda-and-lexus-crowned-with-kbb-5-year-cost-to-own-awards/#continued)We report on a lot of awards, some of which are given out based on more solid criteria than others. This one, the Kelley Blue Book 5-Year Cost to Own awards, seems like one that new car shoppers should pay attention to.
The cost of a car goes far beyond what you pay for the actual metal, leather and rubber at the point of purchase. Fuel, insurance, maintenance and repair costs, and the cost of fees from the state and financing will all weigh on your wallet while you own the car. That's not even taking into account the biggest cost: depreciation, or the amount of money you lose based on what your car is worth years from now versus the day you bought it.
KBB tracks these sorts of things, and they've compiled a list of winners for 2013 models. On the brand level, Mazda (http://www.autoblog.com/mazda/) and Lexus (http://www.autoblog.com/lexus/) earn the 5-Year Cost to Own award for having the lowest overall projected five-year totals (though, curiously, we note that Mazda and Lexus each had only one segment winner). There are lots of winners for all the various segments, so we'll just pick out a few surprising ones to share and you can view the rest here (http://www.multivu.com/mnr/59915-kelley-blue-book-kbb-announces-2013-5-cost-to-own-award-winners).
Many vehicles that aren't generally considered competitive in their segments still do well from a cost-to-own perspective. The Jeep Patriot (http://www.autoblog.com/jeep/patriot/), for instance, won the Compact SUV/Crossover segment, while the Mitsubishi Outlander (http://www.autoblog.com/mitsubishi/outlander/) scores for the midsize SUV/Crossover group. For hybrids, the Honda Insight (http://www.autoblog.com/honda/insight/) costs the least over five years, while the admittedly small segment of pure electric vehicles is lead by the Chevrolet Volt (http://www.autoblog.com/chevrolet/volt/). What's the least expensive 2013 model year sports car to own? The Ford Mustang (http://www.autoblog.com/ford/mustang/), while the Mustang GT also nabs honors in the High Performance Car segment. Like we said, you can check out the full list here (http://www.multivu.com/mnr/59915-kelley-blue-book-kbb-announces-2013-5-cost-to-own-award-winners), and even look any car that you're interested in owning (http:// KBB.COM ANNOUNCES 2013 5-YEAR COST TO OWN AWARD WINNERS Top 2013 Models, Brands Honored for Lowest Projected Costs During Initial Five-Year Ownership Period IRVINE, Calif., February 5, 2013 /PRNewswire/ — The 2013 model-year vehicles and brands (in both luxury and non-luxury categories) with the lowest projected ownership costs were announced today by Kelley Blue Book www.kbb.com, the leading provider of new and used car information. These awards are based on Kelley Blue Book's 5-Year Cost to Own data for new cars for the initial five-year ownership period. While depreciation (or loss of value) and fuel costs may be the greatest expense incurred in owning a vehicle, there are other factors that can have a significant impact on a consumer's pocketbook. Available on Kelley Blue Book's KBB.com, 5-Year Cost to Own information takes into consideration depreciation, expected fuel costs, finance and insurance fees, maintenance and repair costs, and state fees for new models. Kelley Blue Book's 5-Year Cost to Own Awards, like all new- and used-car information provided by KBB.com, exist to help shoppers make more informed new-car buying decisions by breaking down typical ownership cost details and naming the brands and models with the lowest projected five-year total. 2013 5-YEAR COST TO OWN AWARD: BRAND MAZDA 2013 5-YEAR COST TO OWN AWARD: LUXURY BRAND LEXUS SUBCOMPACT CAR: Scion iQ COMPACT SUV/CROSSOVER: Jeep Patriot COMPACT CAR: Hyundai Veloster MID-SIZE SUV/CROSSOVER: Mitsubishi Outlander SPORTY COMPACT CAR: Hyundai Veloster Turbo FULL-SIZE SUV/CROSSOVER: Ford Explorer MID-SIZE CAR: Hyundai Sonata LUXURY COMPACT SUV/CROSSOVER: Acura RDX FULL-SIZE CAR: Chevrolet Impala LUXURY MID-SIZE SUV/CROSSOVER: Lincoln MKX ENTRY-LEVEL LUXURY CAR: Buick Verano LUXURY FULL-SIZE SUV/CROSSOVER: Lincoln MKT LUXURY CAR: Lexus GS MID-SIZE PICKUP TRUCK: Toyota Tacoma Double Cab HIGH-END LUXURY CAR: Porsche Panamera FULL-SIZE PICKUP TRUCK: Chevrolet Silverado 1500 Regular Cab SPORTS CAR: Ford Mustang MINIVAN/VAN: Mazda MAZDA5 HIGH-PERFORMANCE CAR: Ford Mustang GT HYBRID SUV/CROSSOVER: Toyota Highlander Hybrid HYBRID/ALTERNATIVE ENERGY CAR: Honda Insight ELECTRIC VEHICLE: Chevrolet Volt (2013 model-year vehicle's projected ownership costs are based on the average Kelley Blue Book 5-Year Cost to Own data for the initial five-year ownership period).) to see how much you can expect to pay after the sale.Continue reading Mazda and Lexus crowned with KBB 5-Year Cost To Own awards (http://www.autoblog.com/2013/02/12/mazda-and-lexus-crowned-with-kbb-5-year-cost-to-own-awards/)
Mazda and Lexus crowned with KBB 5-Year Cost To Own awards (http://www.autoblog.com/2013/02/12/mazda-and-lexus-crowned-with-kbb-5-year-cost-to-own-awards/) originally appeared on Autoblog (http://www.autoblog.com) on Tue, 12 Feb 2013 08:00:00 EST. Please see our terms for use of feeds (http://www.weblogsinc.com/feed-terms/).
Permalink (http://www.autoblog.com/2013/02/12/mazda-and-lexus-crowned-with-kbb-5-year-cost-to-own-awards/) | Email this (http://www.autoblog.com/forward/20456639/) | Comments (http://www.autoblog.com/2013/02/12/mazda-and-lexus-crowned-with-kbb-5-year-cost-to-own-awards/#comments)
More... (http://www.autoblog.com/2013/02/12/mazda-and-lexus-crowned-with-kbb-5-year-cost-to-own-awards/)
http://www.blogcdn.com/www.autoblog.com/media/2013/02/logo-original.jpg (http://motorgen.com/2013/02/12/mazda-and-lexus-crowned-with-kbb-5-year-cost-to-own-awards/#continued)We report on a lot of awards, some of which are given out based on more solid criteria than others. This one, the Kelley Blue Book 5-Year Cost to Own awards, seems like one that new car shoppers should pay attention to.
The cost of a car goes far beyond what you pay for the actual metal, leather and rubber at the point of purchase. Fuel, insurance, maintenance and repair costs, and the cost of fees from the state and financing will all weigh on your wallet while you own the car. That's not even taking into account the biggest cost: depreciation, or the amount of money you lose based on what your car is worth years from now versus the day you bought it.
KBB tracks these sorts of things, and they've compiled a list of winners for 2013 models. On the brand level, Mazda (http://www.autoblog.com/mazda/) and Lexus (http://www.autoblog.com/lexus/) earn the 5-Year Cost to Own award for having the lowest overall projected five-year totals (though, curiously, we note that Mazda and Lexus each had only one segment winner). There are lots of winners for all the various segments, so we'll just pick out a few surprising ones to share and you can view the rest here (http://www.multivu.com/mnr/59915-kelley-blue-book-kbb-announces-2013-5-cost-to-own-award-winners).
Many vehicles that aren't generally considered competitive in their segments still do well from a cost-to-own perspective. The Jeep Patriot (http://www.autoblog.com/jeep/patriot/), for instance, won the Compact SUV/Crossover segment, while the Mitsubishi Outlander (http://www.autoblog.com/mitsubishi/outlander/) scores for the midsize SUV/Crossover group. For hybrids, the Honda Insight (http://www.autoblog.com/honda/insight/) costs the least over five years, while the admittedly small segment of pure electric vehicles is lead by the Chevrolet Volt (http://www.autoblog.com/chevrolet/volt/). What's the least expensive 2013 model year sports car to own? The Ford Mustang (http://www.autoblog.com/ford/mustang/), while the Mustang GT also nabs honors in the High Performance Car segment. Like we said, you can check out the full list here (http://www.multivu.com/mnr/59915-kelley-blue-book-kbb-announces-2013-5-cost-to-own-award-winners), and even look any car that you're interested in owning (http:// KBB.COM ANNOUNCES 2013 5-YEAR COST TO OWN AWARD WINNERS Top 2013 Models, Brands Honored for Lowest Projected Costs During Initial Five-Year Ownership Period IRVINE, Calif., February 5, 2013 /PRNewswire/ — The 2013 model-year vehicles and brands (in both luxury and non-luxury categories) with the lowest projected ownership costs were announced today by Kelley Blue Book www.kbb.com, the leading provider of new and used car information. These awards are based on Kelley Blue Book's 5-Year Cost to Own data for new cars for the initial five-year ownership period. While depreciation (or loss of value) and fuel costs may be the greatest expense incurred in owning a vehicle, there are other factors that can have a significant impact on a consumer's pocketbook. Available on Kelley Blue Book's KBB.com, 5-Year Cost to Own information takes into consideration depreciation, expected fuel costs, finance and insurance fees, maintenance and repair costs, and state fees for new models. Kelley Blue Book's 5-Year Cost to Own Awards, like all new- and used-car information provided by KBB.com, exist to help shoppers make more informed new-car buying decisions by breaking down typical ownership cost details and naming the brands and models with the lowest projected five-year total. 2013 5-YEAR COST TO OWN AWARD: BRAND MAZDA 2013 5-YEAR COST TO OWN AWARD: LUXURY BRAND LEXUS SUBCOMPACT CAR: Scion iQ COMPACT SUV/CROSSOVER: Jeep Patriot COMPACT CAR: Hyundai Veloster MID-SIZE SUV/CROSSOVER: Mitsubishi Outlander SPORTY COMPACT CAR: Hyundai Veloster Turbo FULL-SIZE SUV/CROSSOVER: Ford Explorer MID-SIZE CAR: Hyundai Sonata LUXURY COMPACT SUV/CROSSOVER: Acura RDX FULL-SIZE CAR: Chevrolet Impala LUXURY MID-SIZE SUV/CROSSOVER: Lincoln MKX ENTRY-LEVEL LUXURY CAR: Buick Verano LUXURY FULL-SIZE SUV/CROSSOVER: Lincoln MKT LUXURY CAR: Lexus GS MID-SIZE PICKUP TRUCK: Toyota Tacoma Double Cab HIGH-END LUXURY CAR: Porsche Panamera FULL-SIZE PICKUP TRUCK: Chevrolet Silverado 1500 Regular Cab SPORTS CAR: Ford Mustang MINIVAN/VAN: Mazda MAZDA5 HIGH-PERFORMANCE CAR: Ford Mustang GT HYBRID SUV/CROSSOVER: Toyota Highlander Hybrid HYBRID/ALTERNATIVE ENERGY CAR: Honda Insight ELECTRIC VEHICLE: Chevrolet Volt (2013 model-year vehicle's projected ownership costs are based on the average Kelley Blue Book 5-Year Cost to Own data for the initial five-year ownership period).) to see how much you can expect to pay after the sale.Continue reading Mazda and Lexus crowned with KBB 5-Year Cost To Own awards (http://www.autoblog.com/2013/02/12/mazda-and-lexus-crowned-with-kbb-5-year-cost-to-own-awards/)
Mazda and Lexus crowned with KBB 5-Year Cost To Own awards (http://www.autoblog.com/2013/02/12/mazda-and-lexus-crowned-with-kbb-5-year-cost-to-own-awards/) originally appeared on Autoblog (http://www.autoblog.com) on Tue, 12 Feb 2013 08:00:00 EST. Please see our terms for use of feeds (http://www.weblogsinc.com/feed-terms/).
Permalink (http://www.autoblog.com/2013/02/12/mazda-and-lexus-crowned-with-kbb-5-year-cost-to-own-awards/) | Email this (http://www.autoblog.com/forward/20456639/) | Comments (http://www.autoblog.com/2013/02/12/mazda-and-lexus-crowned-with-kbb-5-year-cost-to-own-awards/#comments)
More... (http://www.autoblog.com/2013/02/12/mazda-and-lexus-crowned-with-kbb-5-year-cost-to-own-awards/)