Kelley Blue Book is out with a list of the 2018 vehicles with the lowest projected ownership costs over a five year period. “Having this information at their fingertips, consumers could save money down the road by choosing a vehicle that best fits their needs and their long-term budget,” said Mike Sadowski, general manager for Kelley Blue Book.
Here are the winners:
SUBCOMPACT CAR: Chevrolet Spark
ELECTRIC VEHICLE: Nissan LEAF
COMPACT CAR: Toyota Corolla iM
SUBCOMPACT SUV/CROSSOVER: Honda HR-V
SPORTY COMPACT CAR: Honda Civic Si
COMPACT SUV/CROSSOVER: Subaru Crosstrek
MID-SIZE CAR: Hyundai Sonata
MID-SIZE SUV/CROSSOVER: Jeep Wrangler Unlimited
FULL-SIZE CAR: Chevrolet Impala
FULL-SIZE SUV/CROSSOVER: Chevrolet Tahoe
ENTRY-LEVEL LUXURY CAR: Acura ILX
LUXURY COMPACT SUV/CROSSOVER: Buick Encore
LUXURY CAR: Lexus GS
LUXURY MID-SIZE SUV/CROSSOVER: Infiniti QX60
HIGH-END LUXURY CAR: Porsche Panamera
LUXURY FULL-SIZE SUV/CROSSOVER: Infiniti QX80
SPORTS CAR: Chevrolet Camaro
MID-SIZE PICKUP TRUCK: Toyota Tacoma
HIGH PERFORMANCE CAR: Dodge Challenger SRT
HYBRID/ALTERNATIVE ENERGY CAR: Toyota Prius c
FULL-SIZE PICKUP TRUCK: Ford F-150
MINIVAN: Honda Odyssey
Lexus new all-wheel drive three row crossover will carry a starting price of $50,620. The RX450hL will go on sale in April. Step up to the AWD Luxury model and the starting price goes to $54,555.
Diesels aren’t dead yet. Ford said its 2019 Transit Connect Wagon will be offered with a 1.5-liter diesel “targeted to return an EPA-estimated fuel economy rating of at least 30 mph on the highway.” But the final EPA estimate is not expected until early next year. The diesel will be matched to an 8-speed automatic.
Fiat said all of its 500 models will come with a 1.4-liter turbo engine with 33 more horsepower than last year’s offering. The 2018 models with 134 horsepower will appear in showrooms in the second quarter.
Tesla has posted a record loss of $675 million in its fourth quarter, and said it is on course to meet its goal of producing 5,000 Model 3 sedans a week by the end of June.
Tesla has pushed that production goal back four times. Battery production and assembly line problems were cited for the delays.
Shortly after trading commenced this morning, Tesla shares were down 1.7 percent on the NASDAQ or $6.18
Subaru has posted a third quarter operating profit that fell below what analysts were expecting due to currency matters and an air bag recall. It expects full fiscal year net profit to also miss analyst predictions. All this despite strong demand for its products here in the U.S. where it sells 60 percent of its cars.