Toyota Prius named “Best Value” by Consumer Reports

by Nate Torvik on January 3, 2013

Consumer Reports is one of the more influential sources when it comes to evaluating products on the market today. Many customers look to these reports to determine the best options for their lifestyles, budgets, and needs. Well, Consumer Reports has named the Toyota Prius as the vehicle that provides the best value for your money. That’s right, the increasingly popular Prius hybrid is not only one of the favorite cars in the US, but it is also one of the most financially plausible vehicles to boot!

Although the hybrid does not come with the least expensive price tag (starting at $24,200, according to Toyota), the amount of money that it saves drivers over time, along with its reliability and comfort, make it a fantastic value worth every penny.

“The Prius may not be the most exciting vehicle to drive, nor the cheapest to purchase, but it’s extremely reliable, roomy, rides well, gets great fuel economy, and is inexpensive to operate,” said Rik Paul, automotive editor at Consumer Reports.

The entire family of Prii is adding a level of excitement to and helping to rapidly expand the hybrid market, but the original father of them all, the Prius, remains the best. Toyota hybrids in general are considered of great value, as the savings, low maintenance, and durability of the vehicles continue to outweigh their price tags.

By calculating depreciation, ownership cost (including insurance, financing, and other pertinent details), and predicted reliability, Consumer Reports gives the Prius its official stamp of approval. This achievement gives Toyota something else to hang their cap on as the 2012 sales year comes to an end—and gives the Prius a head start on the rest of the competition heading into 2013.

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