Best New Car Values of 2016
These picks from Kelley Blue Book will hold their value and save you money at the pump.
The picks below are part of Kiplinger’s Personal Finance’s annual Best List, a roundup of the best values in all the areas we cover — from funds, stocks and ETFs to credit cards and bank accounts to cars, college, kid stuff, phone plans, travel and health. Discover all our Best List picks here.
Best for resale value
The 2016 Toyota Tacoma, starting at $24,240, is the overall resale winner, retaining 70% of its value after three years, says Kelley Blue Book. The Subaru Legacy ($22,540; 45% three-year resale value) is tops in family sedans, and the Toyota Highlander ($31,430; 53%) wins among crossovers.
Best for fuel economy
For family sedans, the Mazda6 ($22,330) wins with a combined city and highway average of 31 miles per gallon. The Honda CR-V ($24,745) beats out other crossovers with a combined 28 mpg, while the BMW i3 BEV ($43,395) bests its electric-vehicle peers with the EV equivalent of a whopping 124 mpg.
Sign up for Kiplinger’s Free E-Newsletters
Profit and prosper with the best of expert advice on investing, taxes, retirement, personal finance and more - straight to your e-mail.
Profit and prosper with the best of expert advice - straight to your e-mail.
Best for overall value
Kelley Blue Book chose the redesigned Honda Civic as the overall best-value vehicle of 2016, thanks to its efficient new powertrain and low starting price ($19,475). Among electric or hybrid vehicles, the Chevrolet Volt ($33,995), which was redesigned for 2016, tops its class with increased battery range and lower prices. The midsize Honda Pilot ($31,245) and the luxury Lexus RX ($42,850) crossovers topped their categories for value.
See More: Best Values in Used Cars 2016
Get Kiplinger Today newsletter — free
Profit and prosper with the best of Kiplinger's advice on investing, taxes, retirement, personal finance and much more. Delivered daily. Enter your email in the box and click Sign Me Up.
-
Stock Market Today: Stocks Close Mixed Amid War Angst, Nvidia Anxiety
Markets went into risk-off mode amid rising geopolitical tensions and high anxiety ahead of bellwether Nvidia's earnings report.
By Dan Burrows Published
-
What the Comcast Cable Spinoff Means for Investors
Comcast has announced plans to spin off select cable networks and digital assets into a separate publicly traded company. Here's what you need to know.
By Joey Solitro Published
-
Gas-Saving Tips That Actually Work
These are gas-saving tips that will actually work for you and your car this year.
By David Muhlbaum Last updated
-
Want to Lease an EV? There's a Tax Credit 'Loophole' for That
Tax Credits If you are deciding whether to lease or buy a car, here's what you need to know about the EV lease tax credit.
By Kelley R. Taylor Last updated
-
Car Buying in a Topsy-Turvy Market
You need a new car? Good luck with that! What should you do? We've got some answers.
By Katherine Reynolds Lewis Last updated
-
Watch Out for Flood-Damaged Cars from Hurricane Ian
Buying & Leasing a Car In the wake of Hurricane Ian, more flood-damaged cars may hit the market. Car prices may rise further because of increased demand as well.
By Bob Niedt Last updated
-
Car Buyers: The 3-Day Grace Period Is Just a Myth!
Buying & Leasing a Car Many car buyers think they have three days after making a purchase to return a car. Here’s where they’re going wrong, and what they should do instead to get a decent used car.
By H. Dennis Beaver, Esq. Published
-
PODCAST: Car-Buying in an Inflated Market with Jenni Newman
Buying & Leasing a Car With cars both scarce and expensive these days, what to do if you want – or need – a new ride? Car-buying strategist Jenni Newman of Cars.com shares some tips. Also, more on the magical 9% savings bond.
By David Muhlbaum Published
-
The "Real" Cost of Buying a Car
Brandon Copeland Atlanta Falcons linebacker and Kiplinger contributing editor Brandon Copeland illustrates how car prices are far more than meets the eye.
By Brandon Copeland Published
-
How to Get a Car Deal in This Market
Buying & Leasing a Car Low inventories mean it’s hard to haggle on price, but you can still negotiate on financing when shopping for a new or used car.
By Rivan V. Stinson Published