Best value cars and SUVs in 2022 Advertiser Disclosure Advertiser Disclosure We are an independent, advertising-supported comparison service. Our goal is to help you make better financial decisions by offering you financial calculators and interactive tools, publishing original and objective content. This allows you to conduct research and compare information for free – so that you can make financial decisions with confidence. Bankrate has agreements with issuers, including but not limited to, American Express, Bank of America, Capital One, Chase, Citi and Discover. How We Earn Money The offers that appear on this site come from companies that compensate us. This compensation can affect the way and when products are featured on the site, such as the order in which they may appear within the listing categories in the event that they are not permitted by law. Our mortgage, home equity and other home loan products. However, this compensation will affect the information we provide, or the reviews that you see on this site. We do not include the vast array of companies or financial deals that might be accessible to you. xijian/Getty Images
5 min read published May 04, 2022
Authored by Rebecca Betterton Written by Auto Loans Reporter Rebecca Betterton is the auto loans reporter for Bankrate. She specializes in helping readers to navigate the ways and pitfalls of borrowing money to buy cars. The article was edited by Rhys Subitch Edited by Auto loans editor Rhys has been editing and writing for Bankrate since late 2021. They are dedicated to helping readers gain the confidence to take control of their finances through providing concise, well-studied information that is broken down into complex subjects into digestible pieces. The Bankrate promise
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If you have questions about money. Bankrate can help. Our experts have helped you understand your finances for more than four decades. We continually strive to give our customers the right guidance and the tools necessary to succeed throughout life’s financial journey. Bankrate follows a strict policy, therefore you can be confident that our information is trustworthy and reliable. Our award-winning editors, reporters and editors produce honest and reliable information to assist you in making the right financial decisions. Our content produced by our editorial team is truthful, impartial and is not influenced by our advertisers. We’re honest regarding how we’re capable of bringing high-quality content, competitive rates and useful tools to you by explaining how we earn our money. Bankrate.com is an independent, advertising-supported publisher and comparison service. We receive compensation for placement of sponsored products andservices or by you clicking on certain links posted on our site. Therefore, this compensation may affect the way, location and in what order products are displayed within the categories of listing in the event that they are not permitted by law. We also offer mortgage, home equity and other home lending products. Other factors, such as our own website rules and whether or not a product is offered in your region or within your own personal credit score may also influence the way and place products are listed on this website. We strive to offer a wide range offers, Bankrate does not include information about every financial or credit product or service. The purchase of a brand new car is one of the largest purchases that Americans make. In the present economic climate , it can feel tempting to just take a look at the price in order to save money. But a cheap car isn’t always a great bargain. A car that is cheap could come with costs that rack over the course of ownership, such as higher fuel costs, expensive repairs, and expensive insurance. While you should never buy the most expensive vehicle in order to cut costs, it isn’t financially wise for the majority of people to dole out extra cash for a luxury car with the latest technology. Instead, look into which cars available on the market carry the most value for what they offer. This can mean savings down the road and an overall better experience. The best sedans Although a classic sedan is without much of the space which an SUV, or mid-sized sedan can offer They are an affordable and classic option for drivers of all ages. The top three winners in the category rank for their price point and combined excellent ratings from experts. In the category, the Chevrolet Impala takes the gold award for the cheapest sedans as well as large vehicles. It is ranked first in the 2022 J.D. Power Dependability study. It also holds an almost perfect score in the Kelley Blue Book (KBB). It is renowned for its comfortable driving experience and huge trunk. In close proximity, the Avalon and Chrysler 300 both receive high scores by Consumer Reports and also receive special recognition for their spacious interiors. Thanks to Chevrolet Best value sedans
The top midsize cars size and space improvement from a sedan — the midsize cars have greater trunk space and legroom for both passenger and driver. The top midsize vehicles have an ideal balance between space and ease of driving with a spacious interior as well as a size that’s nevertheless manageable. The Sonata is a winner in this category. the Sonata ranks first with J.D. Power and is known for its impressive fuel efficiency. In the middle of the market the Camry has driver assistance as well as excellent tech options. And the least expensive on the list, the Legacy is a top safety pick and a great resale value. Courtesy of Hyundai The best value midsize car
Best midsize SUVs A midsize SUV provides the most of both worlds when it comes to tough durability while not being too big to handle. The scoring of these vehicles proved to be a bit more challenging even though all received excellent scores, in accordance with Kelley Blue Book, the Santa Fe beat out the other vehicles for its fuel efficiency and high-tech features. The Outback followed close behind thanks to its roof, cargo options, as well as a comfortable ride. In the end, the Murano is rated for its safety rating and robust engine. Thanks to Hyundai Best value midsize SUVs
Hyundai Santa Fe
Minivans that are the best not only a great car for parents. Modern minivans come with the most up-to-date technologies and more space. Selecting the right minivan for your money requires some thought in terms of space, dependability and safety. The Sienna is the top choice when it comes to top minivans. J.D. Power ranks it among the most efficient minivans, and it boasts excellent fuel economy. The Carnival and Odyssey closely follow, in scoring points for their powertrain performance and utility, respectively. Thanks to Toyota Best value minivans
Dodge Grand Caravan
Best hybrids and EVs The green vehicle market has dramatically grown over the past few years with regard to the accessibility and affordability. Check out the top options and consider a green auto loan to finance the purchase, with added discounts. While hybrid vehicles can be more expensive, their cost per mile can save money over the long term. Our first-place winner is the Insight has a simple drive, and a high number of miles per gallon. It’s next, the RAV4 boasts a top Consumer Reports score along with greater space than others in the category. Also, the cheapest alternative that is the Kona one, is equipped with a strong turbo engine, and is a great design. The Kona is courtesy of Toyota Best value hybrids and electric vehicles
Toyota RAV4 Prime
Best small cars Compact cars are renowned for their ease of commuting and premium parking rights. However, the top compact cars on the market have a high fuel efficiency and some extra room. The top contenders in this category were chosen based on their reliability scores and the ease of driving. J.D. Power rates J.D. Power’s Corolla with the top spot as the best reliable small car, along with KBB as well as Consumer Reports giving almost perfect ratings. Similar to its price, the Elantra comes with a turbocharged engine as an added feature and offers a more practical driving experience. The cheapest model, the Impreza, boasts an advanced information system as well as a quick steering. Thanks to Toyota Best value compact cars
The best SUVs and suburbans big SUVs carry the cost of higher and you pay for what you pay for. The top contenders for the best large vehicles seat up to eight persons and feature the most modern technology. This means that, even though this is generally more expensive, you can garner good value from a pricier option. While it’s not the least expensive, the Expedition is ranked high in Kelley Blue Book and boasts the capacity to tow 6,000 pounds. It is also praised for its large interior and extreme towing capability The Tahoe is an excellent option for those who want to spend less on their expenses. The Yukon is highly rated by J.D. Power and allows for various trim changes. Thanks to Ford Best value SUVs and suburbans
Best brands according to information gathered by J.D. Power during its 2022 U.S. Dependability Study, Genesis brand vehicles ranked highest among premium vehicles while Kia was ranked first among mass-market brands. While most drivers feel an attraction to one brand over another separate from reliability, this rating is based on the number of problems per 100 vehicles. Land Rover and Ram rounded off the top of the list with more than 250 problems per vehicle -two of the most reliable brands on the market in the opinion of J.D. Power. Top brands
Between $17,490 and $52,590
From $25,595 to $43,995
From $20,200 to $48,740
Between $19,925 and $53,050
Methodology The vehicle ranking was based on a mix of findings from industry reports as well as the cost of the car. This gives a solid notion of the worth each vehicle has, in accordance with industry standards as well as the ratio of price-to-purchase. Specifically, cars are scored on an arbitrary three-point scale, derived according to J.D. Power’s 2022 U.S. Vehicle Dependability Study. The study sought to find out what vehicles in the previous year held the longest lifetime for drivers. Although not every vehicle that fell into the top-five spots was the winner of this report, it was used as a large determining factor. Together with J.D. Power Kelley Blue Book’s expertise rating that is based on a five-point scale was included in the calculations. The five-point scale used by Consumer Reports, which evaluates the reliability of vehicles was added. These factors were evaluated using the cost of each vehicleand selected the top five models for each style. The value of the vehicle is based on a variety of factors. Are there constant visits to the mechanic, or a poor fuel efficiency? These are questions that are important when determining the right vehicle your needs — colour, make and model included — the best way to pick a vehicle is to consider the cost you’re paying and what that cost per trip is. Make use of these scores when it’s time to purchase your next car.
Written by Auto Loans Reporter Rebecca Betterton is the auto loans reporter for Bankrate. She specializes in assisting readers to navigate the details of borrowing money to purchase an automobile. The article was edited by Rhys Subitch Edited by Auto loans editor Rhys has been writing and editing for Bankrate since late 2021. They are enthusiastic about helping readers achieve confidence in taking control of their finances by providing clear, well-researched information that breaks down otherwise complex topics into manageable bites.
Auto loans editor
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