2011 affordable, stylish automobiles
Love to ride in luxury? And not just in your dreams. You’re in luck–there are a load of autos on the market today that are stylish, but affordable, too.
When it comes to value + luxury all rolled into one, pickups and SUVs are on the top of the list.Forbes recently analyzed all 2011 model-year vechiles on the US market. The evaluated cars, trucks and SUVs with a price of at least $40,000. Each evaluation included five-year total costs of fuel, maintenance, repairs, average national insurance rates, depreciation, interest, opportunity costs and taxes.
Number one on their list? The 2011 Chevrolet Volt. Although not your traditional luxury car, the $40,280 price allows it on their list. The hybrid technology and generous federal tax rebates make it their choice for the most affordable expensive car of the year.
But along with all of the perks, come the extra costs, too.
“Ownership costs do fall in line along with their vehicle price as a group quite a bit,” Dave Wurster, the president of Vincentric, an auto industry analysis firm based in Bloomfield Hills, Mich. says. “A $100,000 vehicle is going to have a much higher cost of ownership than a $50,000 vehicle. That doesn’t mean it’s a bad value, but it’s going to depreciate a lot more.” Their list also includes Chevrolet Suburban 1500 LS (No. 10 in the Forbes ranking), the GMC Acadia SLT (No. 5) and Honda‘s Odyssey (No. 2). They each have prices only slightly higher than $40,000, which is why they made the list.