Toyota Prius tops Consumer Reports’ Best New-Car Value ranking

Article by Anita Panait, on December 19, 2013

The Toyota Prius topped the Consumer Reports’ Best New-Car Value analysis for the second straight year. The analysis, which ranks over 200 vehicles on performance, reliability and costs, has the Prius on top after the Toyota unit logged an estimated five-year cost of 47 cents per mile. Rik Paul, Consumer Reports’ automotive editor, said in a statement, that Prius’ 44 mpg overall is the best fuel economy of any non-plug-in car the magazine has tested.

He remarked that while the Prius is not cheap to buy, its depreciation is so low that “it costs less to own over the first five years than its initial MSRP.” Sitting at the bottom of the ranking is the Nissan Armada, which costs consumers $1.20 per mile over five years.

The large SUV also returns 13 mpg and scored poorly in Consumer Report’s annual reliability survey. The rankings are based on their performance in Consumer Reports’ road-tests; on its predicted-reliability score from the latest Annual Auto Survey; and on a score based on depreciation, fuel, insurance premiums, maintenance, sales tax and repairs costs over five years.

The rankings covered 10 vehicle categories -- compact/subcompact, mid-sized, large, luxury, sports/convertibles, wagons/minivans, small SUVs, mid-sized SUVs, luxury/large SUVs and pickups. The Prius topped the compact/subcompact category as well as the overall ranking. Toyota and Lexus models dominated three categories, while Subaru and Mazda models topped in two segments.

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