Toyota Prius is Consumer Reports' best new-car value
By James O'Toole @jtotooleDecember 18, 2013: 6:02 AM ET
NEW YORK (CNNMoney)
The Toyota Prius has earned top honors for the second year in a row in Consumer Reports' ranking of the best-value new cars.
The product-testing organization said Wednesday that the Prius, which retails for $29,230, "has the right combination of performance, reliability and low estimated five-year ownership costs of 47 cents per mile."
To create its rankings, Consumer Reports tested over 200 vehicles currently on the market, looking at road-test scores, reliability and five-year owner-cost estimates. The Honda Fit, this year's runner-up, held the number-one spot in the Consumer Reports ranking for four years running before it was unseated by Toyota's(TM) Prius last year.