Monday, July 30, 2012

2012 Toyota Tacoma, Tundra Win in Kelley Blue Book Study


2012 Toyota Tacoma
2012 Toyota Tacoma

Kelly Blue Book rated the 2012 Toyota Tundra and 2012 Toyota Tacoma top in their segments in the latest KBB Cost to Own Awards. The Cost to Own evaluation goes beyond the purchase price of the car to estimate what the actual costs would be over five years of ownership.

The Cost to Own analysis includes factors such as out-of-pocket expenses like insurance, fuel, repairs, maintenance, state fee, and financing. Depreciation is also a factor, which is determined by the loss in the value of the car from its value after five years of ownership compared to the initial price of the car.
Why should buyers care about ownership costs? If a buyer is considering two similarly-priced models, the cost of ownership should be considered as well. In the long term, it could save the driver thousands of dollars.

While Toyota is often praised for its reliable, affordable compact cars, it was the trucks that were the stars in the cost of ownership study.

The 2012 Toyota Tacoma (regular cab) was awarded Best in Class in the Mid-size Pickup Truck category in the Kelley Blue Book evaluation. With estimated out-of-pocket expenses of $22,847 and depreciation of $9,481, the five-year cost to own a Toyota Tacoma is $32,328. This puts it above other mid-sized pickups like the Nissan Frontier and Chevrolet Colorado.

The lowest cost-to-own Full-size Pickup Truck category was won by the 2012 Toyota Tundra (regular cab). With estimated out-of-pocket expenses of $27,482 and depreciation of $15,561, the five-year cost to own a Toyota Tundra is $43,043. Not faring so well in the same category were the Ford F-150, Chevrolet Silverado, and GMC Sierra.

To test drive a 2012 Toyota Tundra, Tacoma, or any other Toyota model, visit Toyota Scion of Concord today. We are happy to supply the Charlotte area with new and pre-owned Toyota vehicles and many other used cars. Follow us on Facebook and Twitter for the latest news and updates on all things Toyota or Scion.

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