AUTO INDUSTRY NEWSTOYOTAWorld Auto News
Toyota Prius declared best new-car value by Consumer Reports
The Toyota Prius Touring sedan has been chosen by Consumer Reports magazine as the best new-car value among 300 cars tested.
In an announcement Thursday, the magazine said the Prius “provides the best overall value because of its low owner-cost estimate of $26,250 over five years and a relatively high road-test score of 80 points out of 100.”
In all, the magazine has chosen the best values in nine different categories – small cars, family cars, upscale cars, hatchbacks/wagons, sporty cars, minivans, small SUVs, midsized SUVs and pickup trucks. A full listing of the winning vehicles will be contained in the upcoming 2009 Annual Auto Issue.
In making their picks, the magazine’s automotive staff looked at overall road-test scores, five-year owner-cost estimates, and predicted reliabilities.
To determine the results, each vehicle’s five-year owner cost was divided by its overall road-test score to get the cost of each test-score point. The vehicle with the lowest cost per point was considered the best value.
SOURCE: .examiner