Kelley blue book reveals total cost of ownership award winners. The kbb lowest cost over 5 years award might strike you as odd, given that the 2018 leaf. These awards are based on kelley blue books 5year cost to own data for new cars for the initial fiveyear ownership period. Transportation cost during the ownership period is important for families trying to get by on tight budgets, so a vital. Kelley blue book recently announced its firstever total cost of ownership awards, which are given to brands and vehicles with the lowest projected ownership costs. Gas prices are back on the rise in america, and consumers are starting to take notice. Below is a quick look at the all the costs that go into owning a vehicle and a selection of winners from the 2012 5year cost to own awards or maybe youd like to check out the most recent 5. Kelley blue book names kia the best car for total cost of. Of the 21 individual car categories in kbbs awards, kia, the. Subaru named best brand in kelley blue book 2020 5year. Kelley blue book s total cost of ownership awards, like all new and usedcar information provided on, were established to help car shoppers make.
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. We are honored to have been awarded the 2020 kelley blue book 5year cost to own award for the qx80, said jeff pope, group vice president of infiniti americas. In a study evaluating the total costs of owning a carincluding initial price, as well as. Audi today announced that it is the recipient of three inaugural total cost of ownership awards from kelley blue book s, including best luxury brand overall. Kelley blue book awards toyota tacoma best ownership cost.
The allnew 2012 awards honor current modelyear vehicles and brands in both the luxury and nonluxury categories with the lowest projected ownership costs, based on kelley blue book total cost. Kelley blue book s total cost of ownership awards, like all new and usedcar information provided on, were established to help shoppers make more informed carbuying decisions by breaking. Kelley blue books total cost of ownership awards were established to. The kelley blue book 5year cost to own awards honor vehicles and brands, both luxury and nonluxury, with the lowest projected ownership costs, based on kelley blue book s 5year cost to own data for new cars over the initial fiveyear ownership period. Kelley blue book awards four fords 5year cost to own. Kelley blue book names kia the best car for total cost of ownership. Kbb in the news kelley blue book announces 2012 total cost of ownership awards wcbs cbs dma. Presented in conjunction with the chicago auto show, the kelley blue book 5year cost to own awards honored individual winners in 21 different market segments as well as two overall brand awards. The allnew 2012 award honours current modelyear vehicles and brands in both the luxury and nonluxury categories with the lowest projected ownership costs, based on kelley blue book total cost. Youll find it on kbbs total cost of ownership awards page. The kelley blue book 5year cost to own award honors new vehicles with the lowest projected ownership costs.
In a study evaluating the total costs of owning a carincluding initial price, as well as likely fuel expenditures and expected maintenance and depreciationkia has been crowned as the overall lowestprojected cost champ. Kelley blue book announces inaugural total cost of. Todays news march 1, 2012 kelley blue book hot car report analysis march 1, 2012. Kelley blue book s 5year cost to own awards, like all new and usedcar information provided by, exist to help shoppers make more informed newcar buying decisions by breaking down typical ownership cost details and naming the brands and models with the lowest projected fiveyear total. The allnew 2012 awards honour current modelyear vehicles and. Mmna today announced the 2020 mitsubishi outlander has been honored with the 2020 kelley blue book 5year cost to own award in the threerow midsize suv category. The 5year cost to own is the total amount of vehiclerelated costs you will likely have to cover during the first 5 years of owning a car. The 2012 ford expedition has been named winner of the inaugural 2012 kelley blue book total cost of ownership award in the fullsize sport utility vehicle category announced at the chicago auto. Kbb which crowned the 2012 chevy volt the electric choice in its inaugral total cost of ownership awards. Kelley blue book s total cost of ownership awards, like all new and usedcar information provided on, were established to help shoppers make more informed carbuying decisions by breaking down typical ownership costs and naming the models with the lowest projected fiveyear total. Kelley blue book says nissan leaf has lowest 5 year cost of ownership. Kelley blue book names 2020 5year cost to own award winners irvine, calif.
Audi named best luxury brand for total cost of ownership. The award was presented to infiniti during the 2020 chicago auto show. Kelley blue book says 2012 chevy volt is cheaper to own. Kelley blue book announces total cost of ownership. These awards are based on kelley blue books 5year cost to own data. Earlier this week, kelley blue book, the leading provider of new and used vehicle information, announced its inaugural total cost of ownership award winners. Kelley blue book calculates total ownership costs for new vehicles by. Kelley blue book names 2020 5year cost to own award. The awards recognize vehicles in each segment that have the lowest projected costs over the first fiveyears of ownership. The versa garnered total cost supremacy honors in the subcompact car. Kelley blue book reveals total cost of ownership award. The 2012 total cost of ownership awards honors the vehicles and brands with the projected lowest average total cost of ownership during the initial fiveyear ownership period. Because the total cost of owning a vehicle involves not just buying it, but.
Kelley blue book has taken a range of additional expenses into account and created its firstever cost of ownership awards. Kbb hands out inaugural total cost of ownership awards to. The volvo c30 has been honored with the 2012 kelley blue book total cost of ownership award. Buying a car and owning a car are two different things. Kelley blue book, the leading provider of new and used vehicle valuation and information, created the 5year cost to own awards to help shoppers make more informed newcar buying decisions by breaking down typical ownership cost details and naming the brands and models with the lowest projected fiveyear total.
Kelley blue books total cost of ownership awards, like all new and. We believe in providing customers with many reasons they should be confident buying a volvo, said. Ford expedition clinches 2012 total cost of ownership. Volvo xc40 gets resale value award from kelley blue book. The latest list features new vehicles that are familyapproved in a big way, offering safety, comfort, childfriendliness, strong consumer ratings and impressive kelley blue book total cost of ownership statistics. Lexus, mazda win kbb 5year cost to own awards autoblog. The award recognizes new vehicles with the lowest projected ownership costs over a fiveyear period of operation. Kelley blue book calculates total ownership costs for new vehicles by applying a sophisticated valuation methodology along with critical financial data from thirdparty providers. While many shoppers think negotiating a good deal up front is the best way to save money when buying a new vehicle. The honda insight received a 2012 total cost of ownership award from kelley blue book s. Audi, kia come out on top in new cost of ownership awards. Among mainstream brands, the inaugural award went to kia, while audi took home top honors among upscale luxury brands. The c30 claimed the top spot in the entrylevel luxury car segment, a testament to its appeal to the young and young at heart with its remarkable value. Audi and kia least expensive brands to own, per kelley blue book.
Kelley blue book has just announced its firstever total cost of ownership award winners, with victors declared in. Online auto shopping brand of the year in the 2012 and 20 harris poll equitrend study. Kbb hands out inaugural total cost of ownership awards to kia. Kbbs latest study examines the total cost of ownership for the initial five years, and its named kia as the most affordable.
Nissan leaf named kelley blue book 5year cost to own. The 20 honda insight provides a roomy interior, versatile hatchback design, funtodrive nature and an award winning low cost of ownership. Kelley blue book announces total cost of ownership awards. Mazda receives multiple 2012 total cost of ownership. Kbb has just released its 5year cost to own awards, recognizing new vehicles with the lowest projected ownership costs after five years. Kelley blue book says many newcar buyers do not realize that depreciation often is the greatest expense incurred by drivers during the first five years of vehicle ownership. Available on kelley blue book s, total cost of ownership information reveals depreciation, expected fuel costs, finance and insurance fees, maintenance and repair costs, and state fees. The allnew 2012 awards honour current modelyear vehicles and brands in both the luxury and nonluxury categories with the lowest projected ownership costs, based on kelley blue book. In its analysis, kbb looked at seven key factors on 2012. The kelley blue book 5year cost to own awards help shoppers make more informed newcar buying decisions by breaking down typical ownership cost details and naming the brands and models with the lowest projected fiveyear total.
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