Best Luxury Brand
Audi picked for top spot among luxury automakers.
Web2Carz Contributing Writer
Published: August 18th, 2011
Audi has been ranked the number one luxury brand for best total cost of ownership in a recent report by Kelly Blue Book's kbb.com, a major provider of new and used car information. According to KBB, Audi has the lowest average Total Cost of Ownership for the first five year period--which is better than all other luxury brands.
According to kbb.com, Audi's Total Cost of Ownership for the first five years of ownership is less than $70,000--beating all other luxury brands in price point. [Audi Press Release]
KBB determines the the Total Cost of Ownership by "applying a sophisticated valuation methodology along with critical financial data from third-party providers," says Audi in a recent press release.
KBB breaks down the The Total Cost of Ownership for vehicles into components, including depreciation, expected fuel costs, insurance expenses, maintenance and repair, state fees and more.
Audi has taken the recent ranking amidst a decrease in demand for luxury models, and the win has largely been fueled by fuel efficient Audi A3 and A4 models. The 2.0-liter turbocharged models have industry-leading fuel economy, and have held their value more than luxury brands equipped with less fuel efficient engines.
More than 1.3 million Audi Drivers worldwide have chosen the Audi 2.0 TFSI--Audi's flagship direct injection engines that improve power and fuel efficiency. The Award winning engine cranks out 211 horses with 258 lb-ft of torque.
More information on the recent ranking from KBB can be found at kbb.com.
Looking to learn more about Audi vehicles in your area? Learn all about Audi in web2Carz Audi Car Research database!