Foreign Vehicles Dominate Consumer Reports’ Best New Car Value List

Consumer Reports released its list of new vehicles with the best value today, and overall, the Honda Fit was named the best overall value, beating about 200 vehicles across different segments and price categories. The Jeep Wrangler was named the overall worst value.

"A low price doesn’t necessarily make a car a good value," said Rik Paul, automotive editor at Consumer Reports. "At a time when people need to make every dollar count, our best value list highlights the models that give you a lot for your money."

2011 Honda Fit

Consumer Reports, a nonprofit company, named all foreign vehicles as the eight new vehicles with the best value in the company’s 2011 Annual Auto Issue, on newsstands March 8. The magazine looked at performance, reliability and ownership cost data to calculate value scores on about 200 different vehicles, ranging from small cars to luxury cars. The magazine’s staff compiled its own road-test scores, its predicted-reliability data and five-year owner cost data (depreciation, fuel costs, insurance premiums, interest on financing, maintenance and repairs and sales tax) to determine which new vehicles have the best value.