Hyundai and Sonata Recognized for Long-Term Ownership Value
Both the Hyundai brand and its mid-size car, the Sonata, were recognized in industry-leading value analysis
Based on Kelley Blue Book’s 5-year Cost to Own data for new cars available in the U.S. market projected over their initial five-year ownership period, the awards highlight brands that go beyond the initial purchase and provide excellent value for car buyers. Both the Sonata in the mid-size class and Hyundai overall showed significant savings when considering ownership realities such as insurance fees, maintenance and repair costs and expected fuel costs for U.S. customers.
Created to help shoppers make more informed car-buying decisions, Kelley Blue Book’s 5-Year Cost to Own information takes into consideration depreciation, expected fuel costs, finance and insurance fees, maintenance and repair costs, and state fees for all new models utilizing information from vehicles available in the U.S. market. The 5-Year Cost to Own Awards highlight new vehicles and brands (luxury and non-luxury) with the lowest projected ownership costs over a five-year period, breaking down ownership cost details and naming the U.S. brands and models with the lowest projected total.