A best buy that only gets better as gas prices rise
Only hybrid on the list
Toyota has now sold more than 3 million hybrid cars, largely thanks to the Toyota Prius.
Why does the Prius resonate?
For years many have claimed it’s just about green statements, but over and over again the Prius is picked as one of the most value-packed cars, and Forbes is the latest to come to that conclusion.
To determine the best value-packed cars Forbes used cost-of-ownership data, then ranked all cars by suggested retail prices coupled with “depreciation, taxes and fees, fuel costs, insurance, interest, maintenance, opportunity costs and repairs” after 5 years.
One key factor for the Prius, the only hybrid vehicle on the list, was excellent resale value.
Interestingly, Forbes made this determination with gas prices just under $3.00. Considering that gas prices are almost $4.00 per gallon in places like Los Angeles, one can only assume that for urbanites, the Prius is even a better value.
JD Power, Consumer Reports, Kippplingers, Forbes. Can they all be wrong? Quite simply, the Prius is a great car for the money.