IntelliChoice Names 2012 Corvette “Best Bet” in Cost of Ownership Survey!
by Keith Cornett
Last month, IntelliChoice released their first annual mid-year Cost of Ownership analysis and the cars and trucks that score high in the cost of ownership surveys are known as “Best Bets.” Unlike its annual Best Overall Value of the Year analysis, the Best Bets are vehicles from the new model year that demonstrate the highest potential for achieving outstanding value over time. Chevrolet had three vehicles rank as Best Bets for the 2012 model year including the Chevrolet Corvette.
To determine the 2012 Best Bets, each new vehicle model was compared to the currently available same model year and the basis for expected ownership costs were used. This includes assumptions for depreciation, costs for fuel, financing, insurance, repairs and maintenance. These estimates will be updated again at the end of the year as the vehicles are surveyed for the Best Overall Value of the Year awards which are handed out in January.
In addition to the Corvette, Chevrolet also had the Camaro SS and Equinox named as 2012 “Best Bets”. Two other GM vehicles to make the list were the Cadillac CTS Sedan and the GMC Terrain.
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