Log in to WRAL.com with one click using your favorite social network:
OR
Log in using your WRAL.com account:



Wrong email/password combination.

Forgot password?

Register with WRAL.com using your favorite social network:
OR
Register for a WRAL.com account using our web form.

6:43 p.m. • 5-18-13

Weather Forecast for Raleigh

  • Sun: Thunderstorm.
    • Hi: 78° F
  • Mon: Thunderstorm.
    • Hi: 78° F
  • Tue: Thunderstorm.
    • Hi: 83° F

Other Locations

> 7 Day Forecast

Doppler Image

Published: 2013-02-06 17:41:00
Updated: 2013-02-06 17:59:31

Toyota Prius tops Consumer Reports best value list


Best New Car Values
Best New Car Values
print friendly

Finding the right new car takes time and work.

Many people dream of driving a top-of-the-line shiny new car with all the bells and whistles – until the reality of the budget kicks in.

There’s a lot more to getting a good deal than just the sticker price. Buyers must factor in whether the vehicle is a smart investment or even worth the money. The real question, though, should circulate around how much it will cost you in the future.

The Nissan Versa is one of the least expensive cars sold, but Consumer Reports said that its poor reliability means it could cost in the long run.

According to Consumer Reports, paying $500 more for the Hyundai Accent is a better value. It has better reliability and is also a much nicer car. It made Consumer Reports list of the “best new car values.”

“Our value scores are based on three elements: our road-test scores, predicted reliability from our Annual Auto Survey, and our estimate of how much it'll cost to own the car for five years,” said Rik Paul of Consumer Reports.

Consumer Reports says the best value is the Toyota Prius. The sticker price is less than $30,000 and over time it costs a very economical 49 cents per mile to own.

On the other end of the spectrum, Consumer Reports said the BMW 750Li costs almost $100,000 and $1.80 per mile to own. It came as the worst value on the list.

“Every category from small cars to SUVs have both good and bad performers,” Paul said. “But if you want some space and want a good value, we recommend a wagon, a small SUV, or a minivan.”

Consumer Reports also said some good choices include the Toyota Sienna and the Mazda5.

For those looking for a smaller vehicle, Consumer Reports said the Mini Cooper's base model is another great value. It's 49 cents per mile to own and has plenty of luxury features.

It is also important to keep in mind that just because a car is an American company doesn't mean all the parts are American made.

The Chevrolet Spark and the Toyota Sienna are good examples of this. Consumer Reports said only 10 percent of the Chevy's parts are American or Canadian Made. With the Toyota, Sienna, 75 percent are American made. That information is typically on the window sticker.
 


11 Comments


WRAL.com welcomes your comments on this story. All comments are moderated prior to publication based on our posting guidelines. Please review them prior to posting and if your message is not approved.

View Comments VIEW ALL 11 COMMENTS

This story is closed for comments. Comments on WRAL.com news stories are accepted and moderated between the hours of 8 a.m. and 8 p.m. Monday through Friday.

Latest Comments
I stand behind my Honda. Had it for 8 years and never had a single service problem. Changed the oil etc, rotated the tires, replaced the battery and did all the normal maint things. The battery was still doing fine but I figured it was getting old and didnt want to be stranded. Replaced it last year with a new Honda.

"robust and growing trade in used batteries"

Good point Salty, thanks for reading the article.

"The 8 year/100,000 mile warranty only applies to the new Prius and is in direct response to Toyota customer complaints that the battery starts going bad after 7 years and costs more than the car is worth to repair. "

So you consider a car built in 2003 to be new? Not sure how they got a lot of complaints about 7+ year old cars failing at that point, when the first Prius sold in Japan was only six years old at that point and in the U.S. only 3. Lol.

Seems to be a bit of a discrepancy between what the Toyota Service Manager says and what the article talks about.

For example, if there is only a 1% failure rate, why is there a "robust and growing trade in used batteries" where "when most PriusChatters are starting their search for new traction batteries, they are starting on eBay, then checking salvage yards, then going to the dealer."

I'll stand by my earlier comments. I wouldn't trust a "National Service Manager" as far as I could pick him up and throw him. Had too many dealings with those guys.....

Here's a good article on battery life.

http://editorial.autos.msn.com/article.aspx?cp-documentid=542377&page=2

View Comments VIEW ALL 11 COMMENTS