Kelly Blue Book Announces Toyota as a Top Brand Winner in the KBB 5-Year Cost to Own Awards: 2023 Toyota Corolla Hybrid, 2023 Toyota Tundra, 2023 Toyota Sienna Minivan, and 2023 Toyota Brand

When shopping for a vehicle, there are so many different options to consider and weigh. You want to get the most bang for your buck and, of course, as many of your desired add-ons or features as possible within your budget. When selecting a vehicle, you’ll want to look beyond the sticker price and see how it stacks up in areas of long-term costs such as maintenance costs, fuel costs, insurance, and last but not least: depreciation.

Kelly Blue Book has gone the extra mile by showing how each of these figures stacks up across multiple makes, models, and brands to help you choose the right vehicle for your needs. They tally up the up-front costs as well as ongoing costs, and the value after five years of ownership.

Kelly Blue Book has released their official guide for best vehicles and brands for their “5-Year Cost to Own Awards” and we’re so thrilled to announce that Toyota has made multiple category entries!

Let’s take a look at the wins for Toyota for 2023’s 5-Year Cost to Own Awards.

In the category of “2023 Lowest 5-year cost to Own: Trucks, EVs, Minivan”

Toyota wins 3 different spots!

The 2023 Toyota Corolla Hybrid stands out against the competition!  This hybrid model has a 5-Year Cost to Own of $30,207, and compared to the segment average it saves more than $11,000 in cost.  With a combined rate of 34-35 mpg, 169hp, and refreshed styling for 2023, this fuel-efficient and safe, reliable model is a cut above the rest. Check out more about the Pros and Cons and Features here! 

The 2023 Toyota Tundra takes the top-tier honors for the Full-Size Pickup Truck category.  Its 5-Year Cost to Own average is $48,254, and has an average savings of more than $10,000 against its segment average. The 2023 Toyota Tundra CrewMax has a combined fuel economy of 19-20 mpg, more than 348 HP, an impressive towing capacity of 8,300-11,400 lbs, and a history of comfort, reliability, and safety standards. Check out more about the Pros, Cons, and Features of the Tundra here.

The 2023 Toyota Sienna ranks a cut above the rest with a 5-year cost to own of $42,699, and compared to the segment average it has more than $6,000 in savings. The 2023 Sienna boasts a fuel-efficient 35-36 mpg, 245HP, and is named the Minivan Best Buy of 2023!  It has an optional all-wheel drive feature to increase drivability and safety especially in wintry conditions, and roomy 3-row seating that comes standard to accommodate up to 8 people. It’s perfect for families and group outings!  Check out more on the Pros, Cons, and Features of the Sienna here.

Toyota Wins High Ranking as One of Two of 2023’s Lowest 5-Year Cost to Own Brands

Toyota’s stellar record and reputation for reliability and safety makes the brand a go-to choice for buyers looking for a top notch vehicle. Thanks to its wide variety of vehicle options from cars to trucks to vans and SUVs, new car buyers will find plenty of options to fit their growing and evolving daily driver needs. The brand’s environmentally friendly line of EVs and Hybrids make it a popular choice across all markets. The midsize Camry Sedan and RAV4 Crossover SUV are among the brand’s top sellers. If you’re shopping for a new vehicle or purchasing a reliable pre-owned vehicle, you can rest easy knowing that Toyota has you covered.

Let Classic Toyota of Waukegan Help You Find the Perfect Toyota Model to Fit Your Lifestyle

Not sure where to start with your Toyota Journey? Classic Toyota of Waukegan is here to help guide you down the road to success. We’ll help you find the right vehicle to fit your budget, lifestyle, and driving habits and you’ll be back on the road to adventure in no time.  Stop by Classic Toyota today to explore your options and test drive one today! 

Posted in Uncategorized | Comments Off on Kelly Blue Book Announces Toyota as a Top Brand Winner in the KBB 5-Year Cost to Own Awards: 2023 Toyota Corolla Hybrid, 2023 Toyota Tundra, 2023 Toyota Sienna Minivan, and 2023 Toyota Brand