Wednesday, September 7, 2011

The Best Cars For The Buck

Consumers always seem to be overly focused on getting a great price for their purchases. “You can cut an amazing deal, but it’s not an amazing deal if you hate the car,” says Mike Quincy, an automotive specialist at Consumer Reports. Buying a car is thus a very personal decision and there are many factors consumers should consider. But for those who are after a great deal, Forbes reports that a good rule of thumb is to look for cars with the best history of reliability and the lowest overall cost of ownership. The publication ranked the best cars for the money using reliability and ownership cost data from Consumer Reports. First they selected vehicles with the five highest reliability ratings in their segments (small car, family car, luxury SUV, etc.); then they evaluated their ownership costs. Then they chose the vehicles with the best balance between predicted reliability and low ownership costs in their respective segments to come up with their list of the Best Cars for the Buck.

Vehicles that made the top 10 list include the Honda Fit, Honda CR-V, Acura TL and Acura RDX.

[Source: Forbes]

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