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5 min read published May 4, 2022
Written by Rebecca Betterton Written by Auto Loans Reporter Rebecca Betterton is the auto loans reporter for Bankrate. She is a specialist in helping readers in navigating the details of taking out loans to purchase an automobile. Written by Rhys Subitch Edited by Auto loans editor Rhys has been editing and writing for Bankrate since the end of 2021. They are passionate about helping readers gain the confidence to manage their finances with precise, well-researched and well-documented facts that break down complicated topics into bite-sized pieces. The Bankrate promise
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If you have questions about money. Bankrate has the answers. Our experts have helped you understand your money for over four decades. We are constantly striving to provide consumers with the expert advice and tools needed to be successful throughout their financial journey. Bankrate adheres to a strict code of conduct , which means you can be sure that our information is trustworthy and precise. Our award-winning editors and reporters produce honest and reliable information to assist you in making the best financial decisions. Our content produced by our editorial staff is factual, objective and is not influenced by our advertisers. We’re open regarding how we’re capable of bringing high-quality information, competitive rates and useful tools for you by explaining how we earn our money. Bankrate.com is an independent, advertising-supported publisher and comparison service. We receive compensation for placement of sponsored products andservices or when you click on certain hyperlinks on our site. Therefore, this compensation may affect the way, location and in what order products are displayed within the categories of listing, except where prohibited by law for our mortgage or home equity products, as well as other home lending products. Other factors, such as our own website rules and whether the product is available within your area or at your personal credit score can also impact how and where products appear on this site. We strive to offer the most diverse selection of products, Bankrate does not include the details of every credit or financial item or product. A new vehicle purchase is among the biggest purchases that Americans make. In the present economic climate trends, it’s tempting to just check the cost for savings. But a low-cost car isn’t always a great bargain. A car that is cheap could come with costs that rack up over the years of ownership, including more expensive fuel prices, costly repairs, and expensive insurance. While you shouldn’t purchase the least expensive car for savings, it also isn’t wise financially for the majority of people to dole out extra cash to purchase a high-end vehicle with all the newest options. Instead, look into which cars available on the market carry the most worth for the features they provide. This means you’ll save money down the road and an overall better experience. The best sedans Although the classic car doesn’t have many of the amenities which an SUV, or midsize sedan can offer, they are a dependable and timeless choice for drivers of all ages. The top three winners of the category are ranked by their price point and combined the highest ratings with experts. Its Chevrolet Impala takes the gold medal for affordable sedans as well as large vehicles. It is the top-ranked car according to the 2022 J.D. Power Dependability Study and has an almost perfect score in the Kelley Blue Book (KBB). It is well-known for its comfortable driving experience and spacious trunk. The Avalon as well as the Chrysler 300 both receive high ratings from Consumer Reports and gain the attention of their spacious interiors. Courtesy of Chevrolet Best value sedans
Best midsize cars A slight size and space upgrade from a sedan a midsize car boasts greater trunk space and legroom for both the driver and the passenger. The best midsize cars have an ideal balance between room and comfort with a spacious interior and an overall size that is nevertheless manageable. Winning in this category, the Sonata is first in the class with J.D. Power and is known for its outstanding fuel efficiency. At a price that is mid-range, the Camry has driver assistance as well as amazing tech options. And the least expensive on the list The Legacy is a top safety pick and has a high resale price. Thanks to Hyundai The best value midsize car
Midsize SUVs that are the best SUV provides the best of both worlds when it comes to tough endurance, yet not too big to handle. It was a challenge to score these cars. be more difficult however, all of them received top marks as per Kelley Blue Book, the Santa Fe beat out the other models due to its fuel efficiency and the latest technology. The Outback followed close behind with its roof-mounted cargo options as well as its the comfort of its riding. The Murano was ranked as a safety-rated vehicle and a robust engine. Thanks to Hyundai Best value midsize SUVs
Hyundai Santa Fe
Best minivans The minivan is not only a great vehicle for parents. Modern minivans boast the latest technology and space. Choosing the best minivan for your money takes some consideration regarding factors like safety, space, and reliability. The Sienna has the edge in the field of top minivans. J.D. Power rates it as one of the top minivans, and it is a great fuel economy. The Carnival Odyssey and Odyssey follow close behind in scoring points for their powertrain capabilities and convenience as well. The Carnival and Odyssey are courtesy of Toyota Best value minivans
Dodge Grand Caravan
Best hybrids and electric vehicles The landscape for eco-friendly vehicles has dramatically grown over the last couple of years with regard to the accessibility and cost. Check out the top options and consider a green auto loan to finance your purchase with additional discounts. Although hybrids can be more expensive, the price per mile can save money over the long term. Our top-ranked winner is the Insight has a simple drive, and a high number of miles per gallon. The RAV4 holds a perfect Consumer Reports score along with greater space than competitors in this category. The cheapest choice, the Kona is a powerful turbo engine and fun design. Courtesy of Toyota Best value hybrids and electric vehicles
Toyota RAV4 Prime
The top Compacts Compact cars are well-known for easy commuting and top-notch parking privileges. But the most small cars available also boast good fuel economy as well as some additional room. The winners in this category were determined by their reliability scores as well as the comfort of driving. J.D. Power rates with the Corolla as the most dependable compact choice, together with KBB and Consumer Reports giving almost perfect scores. Similar in price, the Elantra offers a turbocharged engine addition and a comfortable driving experience. The most affordable model Impreza, which is also the cheapest Impreza, boasts an advanced information system as well as a swift steering. The Impreza is courtesy of Toyota Best value compact cars
The best SUVs and suburbans big SUVs carry more expensive prices but you get what you get for your money. The winners for best large vehicles seat up to eight persons and come with the most modern technology. This means that, even though this is generally more expensive, you can still garner good value with a higher-priced choice. While it’s not the least expensive, the Expedition is ranked high in Kelley Blue Book and boasts an towing capacity of 6,000 pounds. It is also praised by its spacious interior and extreme towing capability The Tahoe is a great choice for drivers looking to spend less on their expenses. The Yukon is highly rated by J.D. Power and can be fitted with different trim options. Through the generosity of Ford Best value SUVs and suburbans
Best brands according to information gathered by J.D. Power for the 2022 U.S. Dependability Study, Genesis brand vehicles top the list of top-quality vehicles, while Kia came in first among the brands that are mass-market. Although most drivers have an affinity towards certain brands, it is not separate from dependability, this ranking is scored based on problems per 100 vehicles. Land Rover and Ram rounded off the list with over 250 problems per vehicle — two of the least reliable brands on the market in the opinion of J.D. Power. The best brands
From $17,490 to $52,590
$25,595 to $43,995
$20,200 to $48,740
Between $19,925 and $53,050
Methodology Vehicle ranking was based on a mix of findings from industry reports and the price of the vehicle. This provides a clear notion of the worth each vehicle has, based on industry standards and the ratio of price-to-purchase. Particularly, the automobiles are evaluated on a three-point scale that is derived from J.D. Power’s 2022 U.S. Vehicle Dependability Study. The study sought to find out which vehicles over the past year had the longest lifespan for drivers. While not every car that made it in the top five spots was considered a winner in this report however, it was a large determining factor. Alongside J.D. Power Kelley Blue Book’s expert rating using the scale of five points was added to the calculation. The five-point scale of Consumer Reports, which evaluates the reliability of vehicles was added. These combined factors were then assessed using the price of each vehicleand selected the top five vehicles for each style. The final value of a vehicle is determined by a variety of variables. Do you make frequent trips to the mechanic or a poor fuel efficiency? These are questions that are vital when determining which vehicle is right for you — color, make and model included The best method to pick a car is to look at how much you are spending and what that cost per drive equals. Benefit from the above scores when it’s time to purchase your next vehicle.
The article was written by Auto Loans Reporter Rebecca Betterton is the auto loans reporter for Bankrate. She is a specialist in helping readers to navigate the details of borrowing money to buy an automobile. The article was edited by Rhys Subitch Edited by Auto loans editor Rhys has been editing and writing for Bankrate since the end of 2021. They are passionate about helping their readers achieve confidence in taking charge of their finances by providing well-informed, clear information that breaks down complicated subjects into bite-sized pieces.
Auto loans editor
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