Automotive

Published on February 18th, 2016 | by Subhash Nair

0

Hyundai Cars Have Lowest 5-Year Ownership Cost According to Kelley Blue Book

Hyundai was named the overall brand winner in the 2016 Kelley Blue Book 5-Year Cost to Own Awards. Hyundai ranked No. 1 among mainstream brands for its lowest projected ownership costs. These awards are based on Kelley Blue Book’s 5-Year Cost to Own data for new cars for the initial five-year ownership period.

Elantra-3

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 have a significant impact on a consumer’s budget. Kelley Blue Book 5-Year Cost to Own information takes into consideration depreciation, expected fuel costs, finance and insurance fees, maintenance and repair costs, and state fees.

 

Goodyear eagle 650x85(DSF)

Kelley Blue Book Fair Purchase Price is the price shoppers typically pay a dealer for a new car, based on actual new-car transactions and adjusted regularly as market conditions change. Some of the models driving Hyundai’s success include the 2016 Accent, Elantra, Sonata, Tucson and Veloster.

Veloster-4

Kelley Blue Book 5-Year Cost to Own information is developed using Kelley Blue Book® Residual Values to calculate depreciation costs. Kelley Blue Book calculates total ownership costs for new vehicles by applying a sophisticated valuation methodology along with critical financial data from third-party providers.

Template BHP


About the Author

Written work on dsf.my. @subhashtag on instagram. Autophiles Malaysia on Youtube.



Leave a Reply

Your email address will not be published.

Back to Top ↑