What’s the best new car for your dollar? Hyundai tops 4 of 12 categories

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.

Stetson Miller

Stetson Miller is an anchor and reporter for WTOP. He has worked in TV newsrooms for the last several years in New York, Baltimore, Washington and Charleston, SC.

Like WTOP on Facebook and follow WTOP on Twitter and Instagram to engage in conversation about this article and others.

Get breaking news and daily headlines delivered to your email inbox by signing up here.

© 2023 WTOP. All Rights Reserved. This website is not intended for users located within the European Economic Area.

More from WTOP

Log in to your WTOP account for notifications and alerts customized for you.

Sign up