Family cars must be multi-talented; they need to haul gear with ease, keep your passengers comfortable, and be safe. Luckily, finding one that meets those criteria isn’t as difficult thanks to IntelliChoice, a division of the MotorTrend Group. The company just announced its 2020 Best Overall Value of the Year awards and we’re highlighting some winners here.
How does IntelliChoice determine the Best Value of the Year winners? By calculating the total cost to own a vehicle over five years and comparing that with the expected costs. Depreciation, insurance, repairs, financing, state fees, and fuel costs over five years are considered in determining which vehicles get the win. Keep reading for a full list of family cars that won their respective classes.
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2020 Toyota Highlander V-6
The Toyota Highlander V-6 won the full-size utility segment thanks to low maintenance costs over a five-year period at $1,788. In comparison, the second place Ford Explorer’s maintenance costs check in at $2,285. The Toyota Highlander also retained its value better than many vehicles in its class.
2020 BMW 530i
German luxury cars aren’t usually known for being inexpensive to maintain but the BMW 530i bucks that trend, winning the 2020 Best Overall Value of the Year award for luxury passenger cars. Over five years, expect the 530i to cost you $2,546 to maintain (thanks largely to three years or 36,000 miles of complimentary maintenance). That’s $1,647 less than the second-place Mercedes-Benz E350 and $953 cheaper than the Cadillac CT5, which was third.
Beautifully built and a great value, the Volvo XC90 won IntelliChoice’s 2020 Best Value of the Year in the luxury utility segment. In fact, the XC90 T5 and T6 models tied for first place thanks to lower than expected five-year total ownership costs. Their five-year insurance costs, $7,892 and $8,113 respectively, are also on the lower end.
The Honda Odyssey received IntelliChoice’s 2020 Best Value of the Year award in the minivan class thanks to strong retained value over five years (48.9 percent) and low running costs. Those who keep their Odyssey for five years can expect to pay about $6,458 for insurance, or $911 less than the second-place Toyota Sienna.
Toyota’s iconic hybrid, the Prius, wins IntelliChoice’s 2020 Best Value of the Year award for the passenger car segment thanks in part to its exceptional fuel economy. The Prius’ five-year maintenance costs of $2,049 is also lower than any vehicle in that segment. The 2021 Prius is shown here.
Low repair and insurance costs over five years were just some of the key factors that helped the Acura RDX win the 2020 Best Value of the Year award in its segment. Over five years, you’ll pay $402 for repairs on an RDX. Equally impressive is the RDX’s insurance costs at $6,353, which is again the least in the segment.
Toyota Avalon Hybrid
The Toyota Avalon Hybrid’s fuel economy helped it clinch IntelliChoice’s 2020 Best Value of the Year award for the premium passenger car segment. And if you’re curious, the V-6 Avalon gets an Above Average value rating, slightly below the hybrid model’s Excellent rating.
Best Family Car Values for 2020:
- Toyota Highlander V-6
- BMW 530i
- Volvo XC90
- Honda Odyssey
- Toyota Prius
- Acura RDX
- Toyota Avalon Hybrid
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