Edmunds.com, parent of Auto Observer released their list of most affordable cars to own, with Honda topping the list in six of twenty-one categories, giving Honda the most wins of any manufacturer. The assessment is based on Edmunds.com’s proprietary True Cost to Own (TCO) metric that establishes total vehicle ownership costs.’
According to Edmunds.com, the TCO list incorporates the cost of ownership over five years and includes depreciation financing, taxes, fees, insurance premiums fuel costs, regional variances, maintenance and repairs for each model.
The winners include the
2010 Honda Accord, Honda’s most popular selling vehicle in the Coupe $25-35k category. The
2010 Honda Fit stole the winning place for Sedan in the $15-25k range. The 2010 Fit also ranks 2 out of 30 for Affordable Small Cars in the US News and World Report Rankings and Reviews. For SUVs under 25k, the
2010 Honda CRV pulled top honors. The
Acura MDX was most affordable for SUVS over $45,000. The Large Truck category was dominated by the
2010 Honda Ridgeline, while the
2010 Honda Insight led the way for Hybrids.
“Our focus has always been providing the best value in a vehicle that offers top of the line safety features, comfort and style,” says
Ron Henson, President of the Utah Honda Dealers Association.
UHDA is a leader in the automobile industry, offering a wide selection of Honda Accords, Civics, Accords, Crosstours, Insights and Ridgelines.