Shoppers demand value on their cars. New purchase on cars should provide more values to their owner’s lives; otherwise, people will hang on their older cars longer. Now it’s time for automakers to give their buyers more bang for their buck. Bang-for-your-buck, however, doesn’t mean price war in tight competition. It will be a war in value they offer to buyers.
The 2011 U.S. News Best Car for the Money will present award winners to cars giving buyers sophisticated value. The awards calculate both data from the U.S. News Automotive presenting automobile rankings and TrueCar.com analyzing total cost of ownership within five last years. The results exhibit cars, which satisfy both car reviewers and owners by showing great car specifications and offering lower than average price. The winners will feature both great values and great cars.
The Winners
If you trace back the winners list, you’ll get some shocks. Nowadays, no single manufacturer is able to dominate the market in providing excellent long-term value cars. Kia, Hyundai and Mitsubishi are bringing serious challenge to more established well-known brands like Honda and Toyota. Meanwhile, carmakers that hold true reputation for quality in certain area are proven to succeed in new segment.
Ford can be a fine example. Ford used to win Best Car for the Money awards for categories of large cars, trucks and SUVs. Today Ford Fiesta is awarded the Best Subcompact Car for the Money. General Motor exhibits the same trend. Chevrolet is awarded the Best Midsize Car with the Chevrolet Malibu in addition to other awards of best full size truck and SUV categories. The Buick Regal defeats BMW and Lexus in best upscale sedan category highlighting their combination of value and performance.
The Honda Civic came out as the winner of the Best Compact Car for the Money, and the Honda Fit took home awards for the Best Hatchback for the Money. Less popular brands in U.S. such as Mitsubishi and Suzuko also won in some categories. The Mitsubishi won the Best Compact Crossover for the Money beating out the Honda C-RV. The Suzuki Equator came first for the Best Pickup for the Money. Hyundai and Kia were also recorded in the winners list. The Kia Sedona was awarded for Best Minivan for the Money and the Hyundai Electra got the Best Wagon for the Money award.
In nowadays tight competition, automakers are struggling by providing more values to their cars, in which the consumers may take great benefits. However, that value may fade away over time. Fuel price, insurance, maintenance and depreciation cost will be a ghost to buyers. This award of the Best Car for the Money pronounces cars that may not be hot sales in the market, but they’re proven to offer excellent long-term values. And that does matter in consumer’s mind.


