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02-05-2014, 01:01 AM #1
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Lexus, Mazda win KBB 5-Year Cost To Own Awards
Filed under: Car Buying, Chevrolet, GM, Lexus, Mazda, Toyota
We focus a lot on what new cars are like to drive, but it's difficult on a one-week loan to really get a sense of what a car is like to live with. Sure, we try to recreate that sense with our long-term vehicles, but even after a year, it's impossible to know fully learn about a car, particularly in terms of reliability and cost of repairs. For 2014 model year vehicles, Kelley Blue Book has put together a list of the most affordable vehicles over a five-year period.
At the tippy top of the list are Mazda and Lexus, with the Zoom-Zoom automaker winning the award for best non-luxury brand. Lexus, meanwhile, was the most affordable luxury marque over a five-year period. It's interesting to note, though, that not a single Mazda won its segment in this year's awards.
General Motors did quite well, taking eight segments, including both the subcompact and plug-in segments, with the gas-powered Chevrolet Spark and Spark EV. The Chevy Camaro SS and ZL1 took the high-performance car award. Toyota was well represented, with five winners split between the main brand (Corolla, Prius C and Tacoma) and Lexus (LS and RX).
KBB's five-year cost-to-own analysis takes into account depreciation and fuel costs (the two biggest hits to a driver's wallet), as well as finance and insurance costs, as well as repairs, maintenance and state fees that come with a new model. To view the full list of winners, scroll down and take a peak at the official press release from KBB.Continue reading Lexus, Mazda win KBB 5-Year Cost To Own Awards
Lexus, Mazda win KBB 5-Year Cost To Own Awards originally appeared on Autoblog on Wed, 05 Feb 2014 05:00:00 EST. Please see our terms for use of feeds.
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