“An affordable and attractive entry point to the super-efficient gasoline-electric realm, the Honda Insight shares powertrain elements with the Honda Civic Hybrid and receives aerodynamic revisions for 2012 that further enhance its already stellar EPA ratings. The Insight’s lower fair purchase price and subsequent lower depreciation figure helped this five-passenger five-door claim top spot in the Hybrid Car category over its sportier two-seat cousin, the Honda CR- Z.” (Kelley Blue Book’s write up of the 2012 Honda Insight)
The Total Cost of Ownership Awards looks at many factors when choosing a winner. While initial price is always a prime focus when making a new vehicle purchase decision, ultimately the ‘best deal’ also entails factoring in a number of other elements that can have an equally meaningful impact on long-term expenses. To help bring those big picture details into focus, Kelley Blue Book calculated and integrated data from eight different categories to come up with real-world bottom-line figure that allows for direct comparisons to be made over a five-year period.