Innovation: Community & Education
Buick Wins Three 2014 KBB.com 5-Year Cost to Own Awards
Wed, Feb 5 2014
DETROIT – Three Buick models were among the winners in Kelley Blue Book’s 2014 5-Year Cost to Own awards announced today:
- Buick Verano – Entry-Level Luxury Car
- Buick Encore – Luxury Compact SUV/Crossover
- Buick Enclave – Luxury Full-Size SUV/Crossover
Kelley Blue Book’s data for new cars for the initial five-year ownership period is the basis for the awards. Categories include lowest projected depreciation, expected fuel costs, finance and insurance fees, maintenance and repair costs, and state registration fees.
“Buick puts the customer first, not only offering a great portfolio of vehicles, but maintaining quality and dependability long after the vehicle is purchased,” said Tony DiSalle, vice president of Buick marketing.
Depreciation costs for the 2014 Buick Encore were projected to be 35.7 percent lower than the Acura RDX and 63.7 percent lower than the BMW X3.
KBB.com’s 5-Year Cost to Own information is developed using Kelley Blue Book® Residual Values to calculate depreciation costs. Kelley Blue Book calculates total ownership costs for new vehicles by applying a sophisticated valuation methodology along with critical financial data from third-party providers.
Buick is an international modern luxury brand offering vehicles with sculpted designs, luxurious interiors and thoughtful personal technologies, along with responsive-yet-efficient performance. Buick is attracting new customers with its portfolio of award-winning luxury models in North America and China. Learn more about Buick cars and crossovers at www.buick.com, on Twitter @buick, on Pinterest or at www.facebook.com/buick.