InĪddition, uses the latest information from numerousĪutomotive resources to evaluate what it costs to buy, own, andĮach new model-year trim line over a five year basis.įor December 2006 are ranked by vehicle type and size: Selections are based on current vehicle pricing, marketĬonditions and the lowest national manufacturer consumer rebate. Trucks and SUVs with the best ownership cost value in 29 respectiveĬlasses. Incentives are enticing, buyers need to evaluate the long-term deal,Ī good buy may mean a higher sticker price. Of incentive, some more aggressively than others, ” Should pay attention, as almost all manufacturers are offering some “As the year comes to a close, car buyers Of Dodge Ram and Silverado trucks may also equal big savings for Tundra, which arrives in showrooms this winter, may result in money Inventory, and buyers should note that the new ’07 New Ford trucks will increase pressure on dealers to move existing Models, with several on December ’s “Bestĭeals ” list. Models are trucks, and dealers are eager to move last year ’s Many of 2007 ’s most highly anticipated new Is reminding consumers that December can be an excellent time to buy Normal cycle of year-end deals and holiday promotions, With overcrowded lots and new models adding to the Leading source for automotive ownership cost and value analysis,įor December 2006. Contract pricing is adjusted down for a reasonable profit and for a longer-than-standard manufacturer ’s Best New Car Deals For December IntelliChoice determines five-year repair costs for each vehicle based on extended service contracts that pay for repairs for at least five years or 70,000 miles with no deductible. We then iterate these calculations for each vehicle, employing state-based sales weighting, resulting in an average five-year total figure. For state fees, we determine the unique registration, titling and renewal costs for each state over five years. IntelliChoice determines how much it will cost to maintain a vehicle over five years based upon industry-standard service times and national labor rate averages, and assuming that services are performed at each vehicle's recommended intervals. This results in the amount of interest the buyer will pay over five years. Our financing costs are based on a typical loan length and down payment, and they are calculated using a reasonable APR. IntelliChoice determines the typical insurance coverages for an average driver for each vehicle we then calculate a unique total insurance premium for five years that’s influenced by its MSRP and claims history. Analyzing fuel and electricity pricing trends, we determine a five-year total cost to fuel or fully charge a vehicle. ![]() For fuel costs, IntelliChoice calculates mpg and mpg-e figures for each vehicle based on assumed driving tendencies. This almost always has the greatest impact on a vehicle's overall ownership costs. IntelliChoice uses proprietary methodologies to determine a vehicle's depreciation-that is, how much value it will lose over five years. IntelliChoice’s BOVY awards represent the oldest and most recognized automotive data analysis focused solely on identifying vehicles that will cost significantly less to own than other vehicles in their respective class. Selected from over 2,300 vehicles analyzed down to the trim, the Best Overall Value of the Year (BOVY) awards recognize the best car values by class. The IntelliChoice Best Overall Value of the Year awards identify the vehicles with the lowest total cost to own and operate over the first five years of ownership.
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