"A low price doesn't necessarily make a car a good value," Rik Paul, Consumer Reports' auto editor, said in a statement.
To determine find these "best values", the magazine looked at road-test scores, five-year ownership cost estimates and predicted reliability ratings (based on survey data) for more than 300 cars.
Predicted ownership cost was divided by the road test score. Vehicles with the lowest cost-per-point and with above average predicted reliability were named a "best value."
The Toyota Prius Touring, with a cost-per-point of $325, was named the best overall value.