Kelley Blue Book has announced its "5-Year Cost to Own Awards," and Toyota products have dominated four categories, with Lexus securing the top brand title. These awards help consumers identify vehicles that offer the best value over the long term, taking into account not just the initial purchase price but also ongoing costs like fuel, insurance, maintenance, and depreciation.

KBB Gives 4 Toyota Products Cost to Own Awards, Lexus Top Brand

KBB says the Lexus IS line of cars is the top Luxury car to buy based on the total cost of ownership.

The 5-Year Cost to Own Awards are designed to give buyers a clearer picture of what a vehicle will really cost them over time. Many people focus only on the sticker price, but KBB evaluates factors such as fuel efficiency, financing options, insurance rates, and especially depreciation. This comprehensive approach helps consumers make more informed decisions when purchasing a new or used car.

Best Compact Car – Toyota Corolla

KBB highlights: “The Toyota Corolla stands out for its long-term value. With competitive pricing, low maintenance and repair costs, and strong resale value, it's no surprise that the Corolla has been redesigned for 2014 to be even more spacious and stylish. It’s definitely a winner in the 5-Year Cost to Own category.”

Best High-End Luxury Car – 2014 Lexus LS

KBB states: “The 2014 Lexus LS continues to set the standard for luxury sedans. As the flagship model of the Lexus lineup, it delivers exceptional comfort, performance, and technology—making it a top choice for those looking for a high-end luxury car with excellent long-term value.”

Best Hybrid/Alternative Energy Car – 2014 Toyota Prius c

KBB notes: “The 2014 Toyota Prius C offers an impressive blend of affordability, fuel efficiency, and practicality. Priced under $20,000, it’s a great option for anyone seeking a stylish, reliable, and efficient subcompact hybrid.”

Best Hybrid SUV/Crossover – 2014 Lexus RX 450h

KBB comments: “Lexus continues to lead in the hybrid SUV segment with the RX 450h. This luxury hybrid crossover has consistently ranked among the best in terms of resale value and long-term cost of ownership. It’s a testament to Lexus’ commitment to quality, innovation, and customer satisfaction.”

Best Mid-Size Pickup Truck – 2014 Toyota Tacoma

KBB says: “Despite a limited selection in the mid-size pickup segment, the 2014 Toyota Tacoma remains a top performer. Known for its durability, reliability, and versatility, the Tacoma has been a favorite for decades, even in a competitive market.”

Best Luxury Brand: Lexus

KBB recognizes: “For the second year in a row, Lexus has taken the crown as the Best Luxury Brand in the 5-Year Cost to Own Awards. With strong resale values, low maintenance costs, and a wide range of hybrid models, Lexus continues to outperform its European rivals. Plus, their dealerships are known for excellent service, making the ownership experience even better.”

Have you owned any of the vehicles that won these awards? What's your take on them? Share your thoughts below!

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