U.S. News & World Report is out with its 2023 Best Cars for the Money awards, and Hyundai models top four of the dozen automobile categories — more than any other brand.
The awards highlight cars, SUVs and minivans that U.S. News & World Report said have the best combination of long-term value and ownership experience.
“A new vehicle is a big purchase for any buyer, especially as new-car transaction prices continue to rise,” said Jim Sharifi, managing editor of U.S. News Best Cars.
“In addition, the least expensive car on the lot could carry high ownership costs or be poorly suited to the buyer’s needs. Our Best Car for the Money award winners prioritize long-term value and a rewarding ownership experience, with comfort, features and performance that buyers will appreciate.”
Following Hyundai’s four wins, Kia collected three awards, Chevy won two, Honda picked up two, and Mazda earned one.
Here is the full list of winners:
U.S. News & World Report said they measured the quality of the cars using their overall score in the U.S. News Best Car Rankings. That overall score is made up of safety and reliability data and the “collective opinion of the automotive press on a given model’s performance and interior and how strongly each reviewer recommends the car.”
The publication said it measured value by viewing each car’s real-time TrueCar transaction prices and Vincentric five-year total cost of ownership data.
The awards, now in their third year, will be presented at 2:15 p.m. Thursday at the Washington, D.C. Auto Show.
