Fourteen Japanese Cars, Four Domestic Cars and Three European Cars Win Edmunds.com 2010 Annual Lowest True Cost to OwnŽ Vehicle Awards

Fourteen Japanese Cars, Four Domestic Cars and Three European Cars Win Edmunds.com 2010 Annual Lowest True Cost to OwnŽ Vehicle Awards


Fourteen Japanese Cars, Four Domestic Cars and Three European Cars Win Edmunds.com 2010 Annual Lowest True Cost to Own® Vehicle Awards

SANTA MONICA, Calif. — June 7, 2010 — Now more than ever car buyers are looking for vehicles that offer the best long-term value. Edmunds.com, the premier online resource for automotive information, has compiled a list of the lowest True Cost to Own® vehicles for 2010.

Edmunds.com's TCO® pricing system estimates total vehicle ownership costs over a five-year period. The calculation incorporates projected average depreciation, financing, taxes, fees, insurance premiums, fuel costs, regional variances, maintenance and repairs for each model. To choose the 2010 Lowest TCO Award winners, Edmunds' editors analyzed months of historical data to identify which were the consistent leaders in low ownership cost. More details are available at /car-news/annual-ltco-award.html.

"Considering not just the buying price but the overall ownership costs of a vehicle can help shoppers get the most for their money over the long haul," said Philip Reed, Senior Consumer Advice Editor for Edmunds.com.

The award winners, organized by category and price range so that car shoppers can use the list as a tool, are:

Category Model
Convertible Under $35,000 2010 Mazda MX-5 Miata
Convertible Over $35,000 2010 BMW 1 Series
Coupe Under $25,000 2010 Toyota Yaris
Coupe $25K-$35K 2010 Honda Accord
Coupe $35K-$45K 2010 Audi TT
Coupe Over $45,000 2010 Ford Shelby GT500
Sedan Under $15,000 2010 Toyota Yaris
Sedan $15K-$25K 2010 Honda Fit
Sedan $25K-$35K 2010 Mercury Milan
Sedan $35K-$45K 2010 Lexus IS 250
Sedan Over $45,000 2010 Infiniti M35
SUV Under $25,000 2010 Honda CR-V
SUV $25K-$35K 2010 Jeep Wrangler
SUV $35K-$45K 2010 GMC Acadia
SUV Over $45,000 2010 Acura MDX
Compact Truck 2010 Toyota Tacoma
Large Truck 2010 Honda Ridgeline
Wagon Under $35,000 2010 Nissan Cube

Edmunds.com's True Cost to OwnSM calculations make the following assumptions:

  • Vehicles are driven 15,000 miles per year
  • Vehicles are financed using traditional financing and not leased
  • Buyers pay 10 percent down on the vehicle
  • Buyers are in the "Gold" credit tier for the purpose of determining the finance rate
  • The loan term is 60 months
  • Buyers represent the average demographic in their state for insurance rates

Automakers wishing to use this and other Edmunds.com accolades can follow the instructions set forth at /copyright/linklogoguidelines.html.

About Edmunds (/about/)
Edmunds.com publishes four Web sites that empower, engage and educate automotive consumers, enthusiasts and insiders. Edmunds.com, the premier online resource for automotive information, launched in 1995 as the first automotive information Web site. Its mobile site, accessible from any smartphone at www.edmunds.com, makes car pricing and other research tools available for car shoppers at dealerships and otherwise on the go. InsideLine.com is the most-read automotive enthusiast Web site. Its mobile site, accessible from any smartphone at www.insideline.com, features the wireless Web's highest quality car photos and videos. CarSpace is the most established automotive social networking Web site. AutoObserver.com provides insightful automotive industry commentary and analysis. Edmunds is headquartered in Santa Monica, California, and maintains a satellite office in suburban Detroit. Follow Edmunds.com on Twitter@edmunds and fan Edmunds.com on Facebook at http://www.facebook.com/edmunds.

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