Not only is it auto show season, but it’s also award season. Many reputable publications and websites are handing out their annual awards to manufacturers and specific vehicles, which is why it probably seems like we’ve been talking about so many awards over the past couple of weeks. Well, we’re back to talk about some more. We’ve already spoken about the KBB Best Resale Value awards, but now Kelley Blue Book has announced the winners of their 2017 5-Year Cost to Own Awards, and Honda has once again been recognized.
[ READ MORE: about other awards Honda vehicles have won ]
The 5-Year Cost to Own Awards are a great thing for car shoppers to look at when they’re trying to find a longer-term vehicle to purchase. While leases are generally 1-3 years long, owning a vehicle is for as long as you want, and 5 years is a good time frame. KBB looks at several things like depreciation, expected fuel costs, finance and insurance fees, maintenance and repair costs, state fees and more to determine which vehicles are the least expensive across the first five years of ownership. So which Honda vehicles were recognized? The 2017 Honda Accord won the Midsize Car category, while the 2017 Honda HR-V won the Subcompact SUV/Crossover category.
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