Kia Boasts Lowest Total Cost of Ownership, According to Kelley Blue Book

As you likely know, vehicles depreciate in value right from the moment you first drive them off the lot, and some do so more than others. This depreciation contributes, in large part, to what financial analysts refer to as total cost of ownership. A term that more and more car buyers in Bend and beyond are recognizing, the people at Kelley Blue Book have opted to assist by releasing a list of the specific vehicles and brands that boast the lowest total cost of ownership.

In the individual vehicle segments, a wide range of automakers took home awards for their various models. And while Team Kia of Bend is thrilled to see that the 2012 Kia Soul was honored in the "Compact Car" segment, we're absolutely ecstatic to see that Kia, as a whole, has been named as the overall brand sporting the lowest total cost of ownership.

Of course, the fact that we're happy to see this doesn't exactly mean that it surprises us. See, in factoring total cost of ownership, there's more to consider than simply vehicle price and depreciation. There's the matter of service and repair costs, fuel economy, and build quality to consider as well, and Kia excels in all of these departments too.

"Car shoppers should take the time to compare vehicles on their consideration lists to fully understand the financial implications involved with cost of ownership," confirms Juan Flores, director of vehicle valuation for Kelley Blue Book.  "While a vehicle might be less expensive up front, the cost of fuel for that model, insurance and other expenditures could make it the less appealing choice for their wallet in the long run."1

Of course, it's also worth noting that driving a new Kia won't only save you money, it will make you look good doing it, when you're behind the wheel. Of course, we also realize that this may be something that you need to see for yourself. And that's why we at Team Kia of Bend invite you to our lot, conveniently located at 611 NE Purcell Blvd Bend, OR 97701 for a test drive.

Source: 1http://www.sacbee.com/2012/02/08/4247571/kelley-blue-book-announces-inaugural.html

Categories: Service, New Inventory, News

Comments

Nothing posted yet.
Post a Comment