Chevy Wins Four KBB Cost to Own Awards
Chevrolet is taking home four prizes in the 2015 Kelley Blue Book 5-Year Cost to Own Awards. The awards, which are given to the top performing vehicle in every segment, are determined based upon projected costs and depreciation over a five-year period.
The 2015 Chevy Spark was named the Best Subcompact Car with a project 5-Year Cost to Own price of $26,905. The Spark beat the Nissan Versa and Scion iQ with the combination of a low starting price (around $13,000) and EPA-estimated fuel economy of 39 mpg.
The Spark’s greener brother, the 2015 Chevy Spark EV, topped the LEAF and the Chevy Volt for the title of Best Plug-In Vehicle. Still only available in California and Oregon, the Spark EV holds a 5-year Cost to Own of $28,964, making it nearly $3,000 less expensive than the LEAF and $6,500 less expensive than the Volt over a half-decade.
The 2015 Impala earned the title of Best Full-Size Car over the Avalon and Taurus with a KBB Fair Purchase price just a shade below $27,000. In KBB’s review, the Impala was called “a big, comfortable 5-passenger family sedan with style, technology and value.”
Finally, the all-new 2015 Colorado won Best Mid-Size Pickup Truck in its first year back on the market, topping its platform-mate GMC Canyon. The Colorado was already named the Motor Trend Truck of the Year, and it’s likely to collect more awards as 2015 continues.