Lexus best amongst luxury brands while Mazda takes home award for volume brands

Kelley Blue Book has announced the winners of their “5-Year Cost-To-Own” awards for 2014. The awards are given to brands and models expected to have the least projected cost to own over a five-year period, based on financing costs, insurance costs, anticipated costs of fuel, scheduled maintenance and repairs. Purchase price and depreciation are also factored in.

For 2014, Mazda garners the least projected costs of non-luxury brands while Lexus is awarded the same for luxury vehicles. KBB has also given awards for all major automotive categories, which can be seen in the list below.

SUBCOMPACT CAR: Chevrolet Spark COMPACT SUV/CROSSOVER: Jeep Patriot
COMPACT CAR: Toyota Corolla MID-SIZE SUV/CROSSOVER: Mitsubishi Outlander
SPORTY COMPACT CAR: Hyundai Veloster Turbo FULL-SIZE SUV/CROSSOVER: Ford Explorer
MID-SIZE CAR: Honda Accord LUXURY COMPACT SUV/CROSSOVER: Buick Encore
FULL-SIZE CAR: Chevrolet Impala LUXURY MID-SIZE SUV/CROSSOVER: Lincoln MKX
ENTRY-LEVEL LUXURY CAR: Buick Verano LUXURY FULL-SIZE SUV/CROSSOVER: Buick Enclave
LUXURY CAR: Audi A5 MID-SIZE PICKUP TRUCK: Toyota Tacoma Regular Cab
HIGH-END LUXURY CAR: Lexus LS FULL-SIZE PICKUP TRUCK: GMC Sierra 1500 Regular Cab
SPORTS CAR: Ford Mustang MINIVAN/VAN: Dodge Grand Caravan Passenger
HIGH-PERFORMANCE CAR: Chevrolet Camaro SS/ZL1 HYBRID SUV/CROSSOVER: Lexus RX
HYBRID/ALTERNATIVE ENERGY CAR: Toyota Prius c
PLUG-IN VEHICLE: Chevrolet Spark EV

 




About Mark Stevenson

Mark Stevenson is a former IT professional turned freelance automotive writer and news editor for Autos.ca. He's a member of the Automobile Journalists Association of Canada and former member of the Texas Automotive Writers Association (TAWA). Mark spends an inordinate amount of time on motorcycles and resides in Dartmouth, Nova Scotia with his two dogs - Nismo and Maloo. You can find him on Twitter and Facebook.