(this article was originally published on buick.com)
DETROIT – For the second consecutive year, three Buick models were among the winners in Kelley Blue Book’s 2015 5-Year Cost to Own awards announced today:
- Buick Verano – Entry-Level Luxury Car
- Buick Encore – Luxury Compact SUV/Crossover
- Buick Enclave – Luxury Full-Size SUV/Crossover
Kelley Blue Book’s data for new cars for the initial five-year ownership period is the basis for the awards. Categories include lowest projected depreciation, expected fuel costs, finance and insurance fees, maintenance and repair costs, and state registration fees.
Kelley Blue Book data suggests substantial potential in cost-of-ownership savings for these three vehicles.
|Model||Model Average Difference to Vehicle Category Average|
|Entry-Level Luxury Car||Buick Verano||($9,236)|
|Luxury Compact SUV/Crossover||Buick Encore||($14,370)|
|Luxury Full-size SUV/Crossover||Buick Enclave||($17,509)|
KBB.com’s 5-Year Cost to Own information is developed using Kelley Blue Book® Residual Values to calculate depreciation costs. Kelley Blue Book calculates total ownership costs for new vehicles by applying a sophisticated valuation methodology along with critical financial data from third-party providers.
Read the entire article on Buick.com.