Crossover, Mid-Size
2010 Hyundai Veracruz
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Hyundai earned its first ever Best Value in America award from Vincentric in 2010 as the Hyundai Veracruz overtook last year’s winner, the Toyota Venza, to earn the Vincentric trophy. With a low depreciation rate that was best in class, the Veracruz was able to show costs that were almost 6% lower than expected. Also playing a key role were low insurance costs - in fact, best in class insurance costs – that rounded out a “best value” performance.
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2010 Hyundai Veracruz |
Cost Item |
Year 1 |
Year 2 |
Year 3 |
Year 4 |
Year 5 |
Total |
Depreciation: |
$7,921 |
$2,287 |
$2,249 |
$2,193 |
$2,051 |
$16,701 |
Fees & Taxes: |
1,758 |
104 |
112 |
95 |
103 |
$2,171 |
Finance: |
1,760 |
1,421 |
1,055 |
662 |
240 |
$5,138 |
Fuel: |
2,262 |
2,343 |
2,426 |
2,512 |
2,602 |
$12,144 |
Insurance: |
1,965 |
1,944 |
1,923 |
1,903 |
1,883 |
$9,618 |
Maintenance: |
108 |
243 |
1,147 |
385 |
1,682 |
$3,565 |
Opportunity Cost: |
287 |
396 |
515 |
557 |
525 |
$2,280 |
Repairs: |
0 |
0 |
0 |
210 |
568 |
$778 |
Total: |
$16,062 |
$8,737 |
$9,426 |
$8,517 |
$9,654 |
$52,395 |
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