Best Cars for the Money Awards

  1. Research Center
  2. /
  3. Car Buying Research Articles
  4. /
  5. Best Cars for the Money Awards
Piggy bank on top of a car dashboard
Wondering which vehicles made the list for this year's best cars for the money? 
Well, wonder no more. An authority on global rankings and consumer advice, U.S. News & World Report, recently announced its 2022 Best Cars for the Money awards. Covering eleven automotive categories, the awards put a spotlight on cars, SUVs and minivans that represent the best combination of long-term value and excellent ownership experience. For the second time, U.S. News presented the Best Cars for the Money awards at the Washington, D.C. Auto Show in January.

Big Decisions with Good Value.

"Buying a new car is a big decision and finding a car that is a good value requires more than just a low price tag," said Jim Sharifi, managing editor of U.S. News Best Cars. "The least expensive car on the lot could carry high ownership costs or be poorly suited to the buyer's needs. A Best Cars for the Money award represents a strong value at the dealership and over the course of ownership. These vehicles also provide a rewarding ownership experience, with comfort, features and performance that buyers will appreciate."

Jim Sharifi, Managing Editor of U.S. News Best Cars
Hyundai won five Best Cars for the Money awards this year, which is more than any other brand. Honda earned three, while Kia, Nissan and Toyota each earned one. The Honda Odyssey won this award for the sixth time, while the Toyota Avalon now has four Best Large Car for the Money wins under its belt. The Honda Civic earned the award for the third time, while two-time winners include the Hyundai Kona, Hyundai Santa Fe, Hyundai Tucson and Nissan Versa. The Honda Accord, Hyundai Elantra Hybrid and Hyundai Tucson Hybrid each won the award for the first time.
 
How they Stacked Up
Here are the various categories for the awards and how auto brands and specific models stacked up:

How the Best Cars were Chosen

Within each class, the award winner was ranked as the best combination of quality and value. U.S. News measured quality using a car's overall score in the U.S. News Best Car Rankings. The overall score is based on safety and reliability data, as well as the collective opinion of the automotive press on a given model's performance and interior and how strongly each reviewer recommended the car. Value was measured by looking at each model's real-time transaction prices, provided by TrueCar, and five-year total cost of ownership data, calculated by Vincentric.
About the Award Ceremony
"The Washington, D.C. Auto Show was honored to once again host the 2022 Best Cars for the Money awards during our Public Policy Day on January 20," said Washington Auto Show President and CEO John O'Donnell. "These awards have become an essential component to our annual show, just as U.S. News is an integral part of the consumers' decision-making process when purchasing a new vehicle. We look forward to providing our show-goers with cars that fit their lifestyle, on their budget.

The Awards took place at the Walter E. Washington Convention Center on January 20th.

About U.S. News Best Cars
Since 2007, U.S. News Best Cars, the automotive channel of U.S. News & World Report, has published rankings of the majority of new vehicles sold in America. Each year, U.S. News also publishes the Best Cars awards, including Best Vehicle Brands, Best Cars for the Money, and Best Cars for Families.
 
U.S. News Best Cars supports car shoppers throughout the entire car buying experience, offering advice for researching cars, finding cars for sale near you and getting the best rate on car insurance. U.S. News Best Cars had more than 81 million visitors over the past year, with the majority actively shopping for a car. More than 70 percent of active shoppers reported that U.S. News influenced their car-purchasing decision, saying that they trust that the advice is unbiased and that they would recommend the site to others.

Lithia Motors' Top 10
As the trusted source on all things related to personal transportation for over 70 year, Lithia Motors has its own listing of the Top 10 Best-Selling Car, Trucks and SUVs. Check it out here.