Now is a great time to buy a 2013 car. Consumer Reports says you can save hundreds of dollars if you take advantage of end-of-the-month, as well as end-of-the-year, deals.
But there's more to getting a good price. Consumer Reports is out with its latest list of best value cars.
Sticker price is one thing, but how much will a car really cost you?
The Nissan Versa, for example, is one of the least expensive cars sold, but Consumer Reports says its poor reliability means it could cost you in the long run.
Turns out paying 500 dollars more for the Hyundai Accent is a better value, with better reliability, and it's a much nicer car to boot.
Consumer Reports is just out with its list of the "best new-car values."
Rik Paul says, "Our value scores are based on three elements: our road-test scores, predicted reliability from our Annual Auto Survey, and our estimate of how much it'll cost to own the car for five years."
Consumer Reports says the Toyota Prius offers the best value. With a sticker price that's under 30-thousand dollars, Consumer Reports says over time the Prius costs a very economical 49 cents a mile to own.
On the other end of the spectrum-the BMW 750Li. Its sticker price is almost a 100-thousand dollars and a whopping one dollar and 80 cents a mile to own-the worst value car on Consumer Reports list.
Paul says, "Every category from small cars to SUVs have both good and bad performers. But if you want some space and want a good value, we recommend a wagon, a small SUV or minivan."
Some good choices include the Toyota Sienna and the Mazda5. So next time you're shopping for a car, pick one that'll save you money in the long run.
If you're looking for a smaller vehicle, Consumer Reports says the Mini Cooper's base model is another great value-it costs a low 49 cents a mile to own. And it has plenty of luxury features and is a lot of fun to drive, too!