Kelley Blue Book Names 2023 5-Year Cost to Own Award Winners
/PRNewswire/ -- Beyond the upfront sticker price, smart car shoppers also should consider the long view and factor in a vehicle's total cost of ownership....
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/PRNewswire/ -- Beyond the upfront sticker price, smart car shoppers also should consider the long view and factor in a vehicle's total cost of ownership....
Smart car shoppers also should consider the long view and factor in a vehicle's total cost of ownership. Ongoing costs like fuel, maintenance, insurance and even vehicle depreciation can vary greatly from one model to the next.
/PRNewswire/ -- While most car buyers understand their vehicle will depreciate – many have heard the old adage, "a vehicle loses value the moment you drive it...
As electric vehicles sales rise, so will the number of used EVs on the market. Two panels at Used Car Week earlier this month addressed the importance of determining EV residual values and how subscription services will play a role in EV adoption. “The time is now for EVs,” said EY partner and eMobility automotive leader Felipe Smolka on the “Managing Residual Values in An Era of Rapid Technological Change” panel. By 2035, some 85 million EVs will be on the road in the United States and Canada, estimates consultancy EY. Access to data is crucial to ...
FOUNTAIN VALLEY, Calif., March 15, 2022 – Hyundai’s subcompact SUV Venue, has received a 5-Year Cost to Own recognition from Kelley Blue Book for a third consecutive year. Kelley Blue Book evaluates models with the lowest projected ownership costs, including depreciation, expected fuel costs, maintenance and repair costs, finance and insurance fees, and state fees.