Outlook Crossover Rates Best in Consumer Reports' Lowest Cost of Ownership Study

In its 2008 auto show issue, Consumer Reports is introducing a new way to compare vehicles: cost of ownership. "In addition to shopping for a good deal," CR writes on its website, "car buyers should also consider how much a model will cost them to own. That includes depreciation, fuel costs, interest, insurance, sales tax, and maintenance and repair costs."

The new rating metric will let folks know whether the good deal they think they're getting on a new car, is so good afterall. Outlook owners need not worry though, as Saturn's large crossover was rated best in its class with the lowest cost of ownership over a five year period. The distinction won the Outlook a featured spot in an NBC Today show segment yesterday morning. It was one of four cars briefly shown at the end of the piece (see the video clip below).

Here's a look at the least expensive vehicles to own, according to Consumer Reports, over a 5 year period in the "Large and Luxury SUV" category:

  • Saturn Outlook - $46,250
  • Buick Enclave - $48,000
  • Acura RDX - $48,500
  • GMC Acadia - $48,750
  • BMW X3 - $50,250

For comparison, these are the most expensive SUVs in the same category to own within the same period of time:

  • Land Rover Range Rover - $98,500
  • Mercedes-Benz GL550 - $79,500
  • Land Rover Range Rover Sport - $78,750
  • Cadillac Escalade - $77,250
  • Porsche Cayenne V8 - $74,750

Source: Consumer Reports, MSNBC

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Detroit News: House OKs Bailout, but it Faces Stiff GOP Opposition in Senate

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David Shepardson and Gordon Trowbridge from the Detroit News Washington Bureau: The U.S. House approved a $14 billion auto bailout late Wednesday, but the bill's ultimate fate remained in serious doubt as the White House and Democrats struggled to win enough Republican support in the Senate.