Honda Won Edmunds.com's “2011 Lowest True Cost to Own”

Brickell Honda, the leading and no. 1 automotive dealer in Miami is proud to announce and recognize the Japanese automaker for winning “2011 Lowest True Cost to Own”, the Honda. The reward was presented by Edmunds.com, one of the best online automotive research website. And the awards, in 23 categories, estimate the cost of ownership over a five year period.

Winners were the Honda Accord Sedan, Accord Coupe, Civic, Ridgeline and Pilot. Acura has also made onto the top by its Acura MDX crossover.

According to Danny Zhou, senior director of data products and operations at Edmunds.com, “One of the key factors that pushed many of this year’s award winners over the top was their free maintenance plans, which can save car owners hundreds or even thousand of dollars over a fiver-year period”. “The 2011 Volkswagen CC, for example, edged past its closest competition in Sedan $30K-$40K category in large part because it offers free maintenance for three years or 36,000 miles”, he added.

Depreciation, financing interest, taxes and fees, insurance premiums, fuel, maintenance, repairs and any federal tax credit that may be available are the main factors of basis in choosing the winners by Edmunds.com. Through the excellency of Honda’s line-up, the automaker’s product has come into a simple considerations that their vehicles predominate in implementing assessment over five-years.