Rod Shelffo
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2016 Buick Verano Earns 5-Year Cost to Own Award

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The 2016 Buick Verano earned’s 5-Year Cost to Own Award for the entry-level luxury car segment

This isn’t the first time the Buick Verano has won this prestigious award
Photo: © General Motors

For the fourth year in a row, the Buick Verano has earned a 5-Year Cost to Own Award from Kelley Blue Book in the Entry-Level Luxury Car category.

Get The Most For Your Money: Is it smarter to buy or lease the new Buick Verano?

Each year, analysts conduct extensive research to determine the projected cash amount necessary to own each car available in the US for a five-year stretch. The analysts reflect on factors such as projected depreciation, scheduled maintenance, repairs, anticipated fuel costs, state fees, insurance, financing, and purchase price.

The base 1SV model of the 2016 Buick Verano features a starting MSRP of $21,065. The Verano is a four-door compact sedan that’s available in five unique trims, which obviously rise in cost the higher up in trim level a buyer chooses to go.

The ’16 Verano comes standard with a 2.4-liter four-cylinder engine and six-speed automatic transmission, which produce 180 horsepower and 171 lb-ft of torque. For those who need a little bit more snap and pizzazz, the Verano is also available with a 2.0-liter turbo DOHC engine good for 250 horsepower and 260 lb-ft of torque.

The Buick Verano also boasts an impressive list of standard tech features, including OnStar with LTE and Built-in Wi-Fi hotspot, dual-zone climate control, and keyless remote entry. A Bose audio system, navigation, and SiriusXM Satellite radio are available on higher trims.

The 5-year projected cost to own a 2016 Buick Verano is $40,092, according to Kelley Blue Book.

Have You Seen It? Buick’s hip Super Bowl commercial features NFL football player Odell Beckham Jr.

Gallery: The 2016 Buick Verano

  • Rod ShelffoContributor

    After four years in The Marine Corp, Rod formed a career at Hatfield Buick GMC that has spanned more than 25 years. He is married to Lori, has one daughter, Staci, and two grandkids, Kimberlyn and Kaden. He's an avid golfer and past president and active member of the Redlands Optimist Club.