The recent hike in gasoline prices is causing a shift in car-buying habits and increased interest in alternate fuels too. Fuel efficiency is gaining prime significance as the price of gas as shot up by $3.00 per gallon. The sticker price of the car combined with the lifetime fuel cost can offer consumers a more accurate picture of the overall savings during the lifetime of the car. Cars.com senior editor Joe Wiesenfelder quotes, “Hybrid cars get a lot of hype when gasoline prices start to rise. They certainly are a great way to save money at the pump on a yearly basis and are typically better for the environment. However, if your overall goal is to simply save money, there might be better options.” Cars.com’s latest list of the 20 cars give consumers the best value for money based on vehicle price and the average lifetime fuel cost to operate the car. The new Toyota Yaris tops the list with a base price of less than $11,000 for a two-door hatchback and average fuel economy of 34 mpg in the city and 40 mpg on the highway. The most fuel-efficient vehicle on the road is the Honda Insight hybrid, which has a base price of more than $19,000.
Kia Rio (Manual), Hyundai Accent (Manual), Scion xA (Manual), Honda Fit (Manual), Toyota Corolla (Manual), Volkswagen Jetta (Manual/Diesel) are also some of the few cars listed.
The list is put together by combining the base sticker price with a fuel cost estimate based on the car’s average gas mileage.
The non-profit National Institute for Automotive Service Excellence (ASE), note that conservation tips will not only save gasoline, they’ll help extend the life of a vehicle and its components.
For a complete guide to fuel-economy, including information on the best gas mileage, information on alternative fuel technology and fuel savings tips, visit Cars.com.