When it comes to KBB cost to own information, the 2017 Acura lineup is a top-rated pick. This is the second year running that Acura has earned this honor, presented to it by Kelley Blue Book. The awards are based on low ownership costs when considered over a period of five years, and take a number of factors into account. While KBB is not the only option that matters when choosing a car, it is a respected name in the car-buying and valuation world. This lends credibility to the idea that KBB knows their cars, and can determine which of those vehicles will be the best choice for a consumer looking for quality and value for their money while still getting a car they love to drive.
The Cost to Own Factors
There are seven different cost to own factors that KBB examines when making its determination of which cars are going to be the most economically viable over their ownership period. Looking at more than one or two factors is highly important, because significant issues in a couple of areas could drastically change the results of any cost analysis. In some cases, vehicles that performed well in a few factors failed to make the grade because they did so poorly in other factors so as to reduce their overall value. The Acura lineup was fortunate to place first or second in five of those seven factors, which included:
- Fuel costs – these are estimated, and based on how much a person would typically drive in a year and in what types of overall conditions.
- Maintenance and repair – how often Acura’s break down and what standard maintenance costs for them are both very important.
- Finance and insurance fees – buying the car and insuring it both cost, and Acura comes in well in these areas.
- State fees – every state charges to license cars, and some cars cost more than others based on their value and other factors.
- Depreciation – all cars depreciate, but some hold their value for much longer than other cars in their class.
Acura Means Reliability and Quality
Leading the luxury segment is very important for Acura, as the company has been focused on the quality it offers to consumers for some time. Additionally, Acura also cares about providing a safe, reliable car that looks good and that provides plenty of luxury to consumers. This award shows once again that the company’s dedication to those things is paying off, and that Acura can compete with plenty of other high-end and high-quality car brands when it comes to value received by consumers who purchase their vehicles. Receiving the KBB award also helps to show the continued strength of the company to anyone who may be considering purchasing an Acura for their next new vehicle.
2017 model-year vehicle’s projected cost to own for the initial five-year ownership period is based on the average Kelley Blue Book 5-Year Cost to Own data which considers depreciation and costs such as fuel and insurance. For more information, visit www.kbb.com
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