Friday, December 28, 2012

Report: Consumer Reports best value awards dominated by Toyota

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Each year, Consumer Reports compiles a list of the vehicles it expects to be the best and worst when it comes to holding their original resale value, and the list of best values for 2012 is, not surprisingly, dominated by Toyota products. Overall, the best value for 2012 is the Toyota Prius, while the worst car for the money is the BMW 750Li, according to the magazine.

The Prius knocked the Honda Fit from the top spot, which was the best value four years running, and it did so despite costing $10,000 more as tested. As CR points out, a higher price does not equate to less value just as a lower price does not guarantee a higher value. A total of 15 Toyota, Scion and Lexus made the list with only one, the Lexus GS 350, having a lower-than-average resale value. Volkswagen and Subaru pulled in an impressive amount of cars on the list, too. On the opposite end of the stick, Chrysler was hit hard with all seven of the cars listed (across the Chrysler, Dodge and Jeep brands) rated with a below-average resale value.

Scroll down to see the winners and losers for each category, but to view the full breakdown of the best and worst values on the market, a CR subscription is required.

Continue reading Consumer Reports best value awards dominated by Toyota

Consumer Reports best value awards dominated by Toyota originally appeared on Autoblog on Thu, 27 Dec 2012 15:44:00 EST. Please see our terms for use of feeds.

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Source: http://www.autoblog.com/2012/12/27/consumer-reports-best-value-awards-dominated-by-toyota/

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