![]() ![]() The Kia Rio is the Best Subcompact Car for the Money, and the Kia K5 is the Best Midsize Car for the Money. The Hyundai Santa Fe is the Best 2-Row SUV for the Money, and the Hyundai Palisade is the Best Compact 3-Row for the Money. The Hyundai Elantra Hybrid is the Best Hybrid or Electric Car for the Money, and the Hyundai Kona is the Best Subcompact SUV for the money. With four wins for 2023, Hyundai garnered more awards than any other brand. Those two measures together provide a car’s value score for the Best Cars for the Money. We then combine that information with real-time transaction prices reported by our partner TrueCar. To measure the value a car offers, we start with five-year total ownership costs from Vincentric. ![]() Every car has significant ongoing costs, like repairs, fuel and insurance. The actual cost of a car is much more than its price tag or the final price you negotiate with the dealer. We combine that analysis with fuel economy, cargo space and safety and reliability data to get a numerical overall score that we use to measure quality in the Best Cars for the Money awards. Instead, we collect and analyze every published, credible review of a given model to get the consensus opinion of the automotive press on things like how well a car drives, how comfortable its interior is and how well its connectivity and tech features work. A model’s overall score in our vehicle rankings isn’t based on the opinions or tests of U.S. To measure a vehicle’s quality, we use its overall score from the U.S. They’re not just good cars, they’re also good deals over the long haul. The awards cover 12 different automotive categories, and the winners have the best combination of quality and value in their respective classes. ![]() The Best Cars for the Money awards find the balance between cars that focus on value and cars that provide excellent ownership experiences. You don’t have to splurge on a luxury car to get the features, performance and comfort that you want. The latest technology and safety features should also be on deck to keep you connected and informed. The car or SUV that you purchase should have the power that you need for your highway commute and the space that you need for passengers and cargo. With a major purchase like a new car, you want more than just value. These could include steep fuel costs, expensive repairs or hefty insurance premiums. In a worst-case scenario, a cheap car could rack up high costs during your years of ownership. However, a low purchase price doesn’t necessarily mean that you’re getting the best deal. A low price can be tempting when you’re about to spend thousands on a new car, especially as interest rates and new car prices continue to rise. ![]()
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