Toyota Prius is Consumer Reports Best Value Choice

Bucking the idea that hybrid vehicles are more expensive to repair and thus not a good value, Consumer Reports has named the Toyota Prius Touring model as the new car with the best value. Notice, I didn’t see “best new hybrid car†– the Prius topped the list of over 300 cars that the magazine looked at.
“To determine which cars are the best values, Consumer Reports looks at its overall road-test scores, five-year owner-cost estimates, and predicted reliability ratings for more than 300 recently tested vehicles. CR then divided each vehicle’s five-year owner-cost by its overall road-test score to get the cost of each test-score point — the lower the cost-per-point, the better the value. To ensure the vehicles named as best values were also models that held up well over time, choices were limited to those with above-average predicted reliability ratings. Consumer Reports’ owner-cost estimates are based on six major elements: depreciation, fuel economy, insurance, interest on financing, maintenance and repair, and sales tax.†(Source: PR Newswire)
The fuel efficient MINI Cooper came in 2nd place while the Honda Fit squeaked into the top five in the fifth position. The Smart ForTwo, which is a reasonably priced fuel-efficient vehicle actually scored rather poorly in the Consumer Reports rating and was one of the worst in the small/family car category.
The 2009 Annual Auto Issue will be available on newsstands next week.
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[...] Consumer Reports announced that the Toyota Prius Touring edition was their choice for best overall value. Later in the day, the Prius was named as one of the most [...]