AutoGuide News Blog
The AutoGuide News Blog is your source for breaking stories from the auto industry. Delivering news immediately, the AutoGuide Blog is constantly updated with the latest information, photos and video from manufacturers, auto shows, the aftermarket and professional racing.
While the 2012 Honda Civic has clearly not impressed the staff at Consumer Reports, the same can’t be said for its smaller sibling the Fit.
For the second year in a row, the Honda subcompact has been named as the best value choice when it comes to small cars; it was also judged best value overall from a field of some 200 competitors, high praise indeed.
During its evaluation of finding the year’s best value vehicles, Consumer Reports, tested cars, SUVs and trucks from a total of 11 different categories. Scores were determined based on a five-year ownership cost of each vehicle, including depreciation, insurance premiums, fuel costs, interest on financing, repairs and maintenance and sales taxes. Consumer Reports also added it’s own road test scores and projected reliability to each tally.
When all was said and done, the Fit emerged as the overall winner in the small car category, followed by the Toyota Prius Hybrid, Volkswagen Golf TDI (manual gearbox), Toyota Corolla and Scion xD. Most of these cars scored twice as high as the average vehicle rating in the value survey, while the Chevy Cruze, which finished last in the small car category, still earned a total score close to the average overall value of all vehicles tested.
Rik Paul, automotive editor at Consumer Reports, said in regards to the survey, that “a cheap vehicle can wind up costing you more money over time or can be disappointing down the road. We think real value is what you get for your money.” Indeed.
Consumer Reports has just announced its list of Best and Worst Value vehicles on the market, with foreign automakers taking all the top spots in the Best Value categories, while the Worst Value categories are dominated by domestic automakers. More accurately, the Worst Value categories are mostly made up of one domestic automaker: Chrysler. Listed as Worst Values in the Family Car, Wagon/Minivan, Small SUV and Upscale Sedan segments are, respectively, the Dodge Avenger, Dodge Grand Caravan, Dodge Nitro and Dodge Charger R/T. Other losers include the Chrysler Sebring Convertible as a worst value for a sporty car while the Jeep Wrangler Unlimited Sahara was a worst value pick for Midsize SUVs.
The only imported model to wind up on the Worst Value list was the Mercedes S550 in the Luxury Sedan category.
Top picks for Best Value include, surprisingly, both the Toyota Prius and Honda Fit, despite both vehicles having been recalled this past year. It’s not clear if the recalls were incuded in CR’s analysis, as the consumer group lists its judging criteria as, “a combination of performance, utility, and reliability for the money, considering total owner costs over the first five-years. The better a car performs in Consumer Reports’ road tests and reliability Ratings and the less it costs to own, the greater its value.”
Take a look at the full release below as well as the complete list of Best and Worst picks in each category.
Official release after the jump: