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28.03.2023Best value cars and SUVs in 2022 Advertiser Disclosure Advertiser Disclosure We are an independent, advertising-supported comparison service. Our goal is to help you make better financial decisions by offering you financial calculators and interactive tools, publishing original and objective content. This allows you to conduct research and compare information at no cost to help you make financial decisions with confidence. Bankrate has agreements with issuers including, but not limited to American Express, Bank of America, Capital One, Chase, Citi and Discover. How We Make money The products that are advertised on this website are provided by companies that pay us. This compensation could affect how and where products appear on this website, for example for instance, the order in which they may appear in the listing categories in the event that they are not permitted by law for our loan products, such as mortgages and home equity, and other home loan products. But this compensation does not influence the content we publish or the reviews that appear on this website. We do not include the vast array of companies or financial offers that may be accessible to you. xijian/Getty Images
5 minutes read. Published May 04, 2022.
Writer: Rebecca Betterton Written by Auto Loans Reporter Rebecca Betterton is the auto loans reporter for Bankrate. She specializes in helping readers to navigate the ins and outs of securely taking out loans to purchase a car. Written by Rhys Subitch Edited by Auto loans editor Rhys has been editing and writing for Bankrate since the end of 2021. They are passionate about helping readers gain confidence to take control of their finances through providing concise, well-studied facts that break down complex subjects into digestible pieces. The Bankrate guarantee
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They ensure that what we write ensures that everything we publish is accurate, objective and reliable. The loans reporters and editors concentrate on the points consumers care about the most — various kinds of loans available and the most competitive rates, the top lenders, how to repay debt, and many more — so you can feel confident when investing your money. Integrity of the editing
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You have money questions. Bankrate has the answers. Our experts have been helping you master your money for over four years. We are constantly striving to provide consumers with the expert guidance and the tools necessary to make it through life’s financial journey. Bankrate follows a strict , so you can trust that our content is honest and accurate. Our award-winning editors and journalists provide honest and trustworthy information to assist you in making the right financial decisions. Our content produced by our editorial team is truthful, impartial and is not influenced from our advertising. We’re transparent about how we are in a position to provide quality content, competitive rates and helpful tools to you by explaining how we earn money. Bankrate.com is an independent, advertising-supported publisher and comparison service. We receive compensation for the promotion of sponsored goods or services, or when you click on certain links posted on our site. So, this compensation can influence the manner, place and when products are listed, except where prohibited by law for our mortgage home equity, mortgage and other home loan products. Other factors, like our own website rules and whether a product is offered in the area you reside in or is within your personal credit score can also impact how and where products appear on this website. Although we try to offer the most diverse selection of products, Bankrate does not include details about every financial or credit item or product. A new vehicle purchase is one of the largest purchases that Americans make. In the present economic climate , it can feel like a good idea to check the cost for savings. However, a car that is cheap isn’t necessarily a good deal. A car that is cheap could be a burden to you with expenses that pile up over the years of ownership, including more expensive fuel prices, costly repairs and pricey insurance. While you shouldn’t purchase the most expensive vehicle for savings, it isn’t fiscally wise for most individuals to shell out more cash for a luxury car that has the most recent features. Instead, look into which cars available on the market carry the highest value for what they offer. This means you’ll save money on the road as well as an overall better experience. The best sedans Although a classic sedan is without much of the space that an SUV or mid-sized sedan can offer They are an affordable and timeless choice for drivers of all ages. The top three contenders in the category rank for their price point and combined high ratings among experts. In the category, the Chevrolet Impala takes the gold award for the cheapest sedans as well as large vehicles. It is ranked first in the 2022 J.D. Power Dependability Study and has an almost perfect score from Kelley Blue Book (KBB). It is well-known for its comfortable driving experience and huge trunk. In close proximity, the Avalon and Chrysler 300 both receive high scores in Consumer Reports and receive the attention of their large interiors. Thanks to Chevrolet Best value sedans
Price
Chevrolet Impala
$31,620
Toyota Avalon
$36,375
Chrysler 300
$32,545
$32,500
Buick LaCrosse
$29,570
The best midsize cars A little size and space upgrade from a sedan — a midsize car boasts more legroom and trunk space for both the driver and the passenger. The best midsize vehicles offer an ideal balance between space and ease of driving by offering an ample interior and a total size that is still easily manageable. The Sonata is a winner in this category. the Sonata is ranked first by J.D. Power and is well-known for its outstanding fuel efficiency. In the middle of the market, the Camry has driver assistance as well as amazing tech options. And the least expensive on the list The Legacy is a top safety pick and has a high resale price. Thanks to Hyundai Best value midsize cars
Price
Hyundai Sonata
$24,150
Toyota Camry
$23,395
Subaru Legacy
$22,995
Honda Accord
$26,120
Kia Optima
$23,400
Midsize SUVs that are the best SUV gives the best of both when it comes to rugged endurance, yet not too big to handle. The scoring of these vehicles proved to be more difficult however, all of them received top scores as per Kelley Blue Book, the Santa Fe beat out the other models due to its fuel efficiency and high-tech features. The Outback followed close behind with its roof-mounted cargo options as well as its the comfort of its riding. In the end, the Murano ranked as a safety-rated vehicle and a powerful engine. Courtesy of Hyundai Midsize SUVs with the best value
Price
Hyundai Santa Fe
$27,200
Subaru Outback
$27,145
Nissan Murano
$33,210
Chevrolet Blazer
$33,400
Toyota 4Runner
$37,605
Best minivans The minivan is not just a perfect car for parents. Modern minivans boast the latest technologies and more space. Choosing the best minivan for your money takes some consideration in terms of space, dependability and safety. The Sienna is the top choice in the field of top minivans. J.D. Power ranks it among the best minivans and it is a great fuel economy. The Carnival Odyssey and Odyssey closely follow, with respect to their powertrain capabilities and convenience, respectively. Courtesy of Toyota Best value minivans
Price
Toyota Sienna
$34,710
Kia Carnival
$33,595
Honda Odyssey
$33,040
Chrysler Pacifica
$38,690
Dodge Grand Caravan
$29,025
Best hybrids and electric vehicles The green vehicle market has dramatically grown over the last couple of years, both in terms of the accessibility and price. Check out the top options and think about a green auto loan to finance with extra discounts. Although hybrids are more expensive, their cost per mile could save you cash in the end. The first place winner, the Insight has a simple drive and high miles per gallon. Next, the RAV4 boasts a top Consumer Reports score along with more space than the others in the category. Finally, the least expensive choice, the Kona is a powerful turbo engine and a fun design. Courtesy of Toyota Best value hybrids and electric vehicles
Price
Honda Insight
$25,760
Toyota RAV4 Prime
$38,800
Hyundai Kona
$21,300
Kia Niro
$39,090
Nissan Leaf
$27,400
Best compacts Compact cars are well-known for easy commuting and top-notch parking facilities. But the most compact cars on the market have a high fuel efficiency as well as some additional room. The winners in this category won based on their reliability scores and the their ease of driving. J.D. Power ranks the Corolla with the top spot as the best dependable small car, alongside KBB as well as Consumer Reports giving almost perfect ratings. Similar to its price, the Elantra has a turbocharged motor addition and a comfortable driving experience. The most affordable model, the Impreza, boasts an advanced infotainment system and quick steering. The Impreza is courtesy of Toyota Best value compact cars
Price
Toyota Corolla
$20,175
Hyundai Elantra
$20,200
Subaru Impreza
$18,795
Nissan Sentra
$19,610
Chevrolet Cruze
$18,870
The best SUVs and suburbans big SUVs carry a higher price tag but you get what you pay for. The top contenders for the top large SUVs can seat up to eight people and come with the latest technology. So, while this vehicle segment tends to be more expensive, you can garner good value with a higher-priced alternative. While it is the most expensive option, the Expedition is ranked high in Kelley Blue Book and boasts a 6,000-pound towing capacity. Then, acclaimed for its spacious interior and a powerful towing capacity, the Tahoe is a great choice for drivers looking to spend less money. The Yukon is rated as a top model by J.D. Power, and offers various trim changes. Thanks to Ford Best value SUVs and suburbans
Price
Ford Expedition
$69,150
Chevrolet Tahoe
$50,500
GMC Yukon
$52,500
Chevrolet Suburban
$53,200
Nissan Armada
$49,150
Best brands According to information obtained by J.D. Power for the 2022 U.S. Dependability Study, Genesis brand vehicles top the list of top-quality vehicles, while Kia took first place in the mass-market category. Although most drivers have an attraction to certain brands, it is not separate from reliability, this rating is based on the number of problems in 100 of the vehicles. Land Rover and Ram rounded off the list by having more than 250 issues per vehicletwo of the most reliable brands on the market as per J.D. Power. Best brands
Price range
Kia
From $17,490 to $52,590
Buick
From $25,595 to $43,995
Hyundai
$20,200 to $48,740
Toyota
$19,925 to $53,050
Methodology Vehicle ranking was based on a combination of industry report findings as well as the cost of the car. This provides a clear idea of the value that each car has in accordance with industry standards as well as the ratio of price-to-purchase. Particularly, the vehicles are scored using an arbitrary three-point scale, derived that is derived from J.D. Power’s 2022 U.S. Vehicle Dependability Study. The study sought to find out what vehicles in the previous year had the longest lifespan for drivers. Although not every vehicle falling into the top-five spots was considered a winner in this study, it was used as the primary determining factor. Alongside J.D. Power Kelley Blue Book’s expert ratings that is based on the five-point scale was also used in conjunction with J.D. Power’s expert rating. The five-point scale used by Consumer Reports, which evaluates the reliability of vehicles was added. These combined factors were then evaluated using the cost of each car, and then selecting the top five vehicles for each type. The bottom line Vehicle value is based on a variety of factors. Do you make frequent trips to the mechanic or poor gas mileage? Although these questions are vital when determining the right vehicle to you — colour, make and model included The best method to select a vehicle is to consider the amount you’re spending and what the cost per trip is. Make use of these scores when it’s time to buy your next vehicle.
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The article was written by Auto Loans Reporter Rebecca Betterton is the auto loans reporter for Bankrate. She is a specialist in helping readers in navigating the ways and pitfalls of taking out loans to purchase cars. The article was edited by Rhys Subitch Edited by Auto loans editor Rhys has been editing and writing for Bankrate since the end of 2021. They are passionate about helping readers gain the confidence to take control of their finances by providing clear, well-researched information that breaks down otherwise complicated subjects into bite-sized pieces.
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