With all the recent talk about high gas prices and strategies for improving your mileage, I thought I’d highlight a recent article from Consumer Reports on getting the best fuel economy for your buck. CR dug through their recent ratings and compiled a list of the most reliable cars ranked by their cost per mpg.
The price/mpg ratio is an interesting approach in that it’s more or less equivalent to the quick-and-dirty method of valuing stocks based on their price-to-earnings (P/E) ratio. They also filtered their list to remove cars that have high ownership costs after purchase to protect against the whole penny-wise, pound-foolish thing. Here’s what they came up with:
- Honda Fit Sport ($464/mpg)
- Honda Fit ($476/mpg)
- Toyota Prius ($540/mpg)
- Mazda3 i ($576/mpg)
- Toyota Prius Touring ($591/mpg)
- Nissan Versa 1.8 SL ($596/mpg)
- Honda Civic Hybrid ($605/mpg)
- Honda Civic EX ($607/mpg)
- Hyundai Elantra GLS ($650/mpg)
- Toyota Scion tC ($658/mpg)
Despite their high overall mileage, it’s interesting to note that hybrids stumbled a bit on this list to their higher price. Nonetheless, the Prius did quite well, especially considering that it’s a good bit larger than the Fit. It’s also worth noting that the Toyota Yaris ($370/mpg) and the Hyundai Accent ($425/mpg) beat out the Honda Fit, but they scored too low in other tests to be included.