Advice from Intellichoice: What is a Bovy

Vehicles with just low ownership costs do not necessarily make good values. The IntelliChoice Best Overall Value of the Year (BOVY) Awards recognize those vehicles whose total cost of ownership is significantly lower than expected relative to their peer models, thus assisting consumers in making smarter purchase decisions. These vehicles are not just excellent values; they are the top-ranked models in their respective classes. While there are many factors to consider when buying a new vehicle , the annual BOVY winner list provides a quick reference to distinguish those vehicles on the market that promise the best return on investment.

The 2013 cost of ownership analysis is a careful study of over 2000 vehicles in 23 segments (due to an insufficient number of models, no award was given for Compact Pickups this year). The diverse and thorough segmentation is utilized to ensure that you will find an award relevant to your new-vehicle search.

This year’s winners list see a number of first time appearances, particularly for alternative fuel vehicles such as the Mercedes-Benz E350BlueTEC, Toyota Prius c, and the Jetta TDI Wagon. These vehicles represent a significant sales volume for their respective model lines. Fuel costs also played a role in the all-new Lexus ES350 winning the Premium Passenger Car class. Its improved fuel economy was sufficient to push it past the other competition in its segment. Other winners include the GMC Yukon Denali, Audi TT Coupe, Toyota FJ Cruiser, and Porsche Boxster S. All in all, Toyota took home the most awards with a total of eight, while the collective brands from Audi/Porsche/Volkswagen garnered five.

The BOVY list for 2013 can be viewed at www.intellichoice.com/2-7/best-car-value-awards.html (new winners are posted each year in early February). To review specific cost areas and make trim-to-trim comparisons, simply click the Ownership link on any vehicle buyer’s guide.
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