mobile-menu-icon
GM Authority

Buick Takes Home Three KBB Five-Year Cost To Own Awards

Kelley Blue Book has announced the winners of its lowest five-year cost to own awards, and among the winners were three Buicks. For the second year running Buick took a handful of the spots, with KBB awarding the Verano, Encore and Enclave as best entry-level luxury vehicle, luxury compact SUV/crossover and luxury full-size SUV/crossover.

Categories factored into the judging include lowest projected depreciation, expected fuel costs, finance and insurance fees, maintenance and repair costs, and state registration fees. KBB estimates the Verano, Encore and Enclave will save owners substantially more in the long run over its competitors, breaking it down with the following table:


Vehicle Category 

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 develops their results through a sophisticated algorithm with third-party data from owners and consumers. The Buicks rung in at substantially higher savings than any other competitor in the category.

Buick is banking big on the compact Encore specifically, as it continues to ride out the niche it occupies before an onslaught of similarly sized competitors arrive in showrooms for this model year. If there’s one thing its competitors can’t claim, though, it’s the substantial amount of dollars saved over the first five years of ownership.

Former GM Authority staff writer.

Subscribe to GM Authority

For around-the-clock GM news coverage

We'll send you one email per day with the latest GM news. It's totally free.

No Comments yet

Leave a comment

Cancel