New Report: These 2022 Vehicles Are the Best for the Money

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When it’s time to shop for a new vehicle, it’s tempting to buy the cheaper option based on price, but that’s not always the right decision, as a new report indicates.

U.S. News & World Report’s 2022 Best Cars for the Money awards identified 11 classes of new cars and SUVs that offer the best mix of quality and cost.

In this article, I’ll show you the rankings and offer money expert Clark Howard’s advice on buying a car right now.

Which Cars and SUVs Combine the Best Quality and Cost?

To determine the vehicles with the best quality, U.S. News used scores from its Best Car rankings along with car reviews from the automotive press.

“We combine that analysis with fuel economy, cargo space and safety and reliability data to get a numerical overall score, which we use to measure quality in the Best Cars for the Money awards,” the report says.

Here are some key findings from the report:

  • Hyundai leads the list this year with five Best Car for the Money awards.
  • The only other multiple winner was Honda, which earned three awards.
  • For the foruth time, Toyota Avalon wins the Best Large Car for the Money award.

Here Are the Best Cars for the Money for 2022

Let’s take a look at the best cars for the money, which are all 2022 models.

WinnerCategory
Nissan VersaBest Subcompact Car for the Money
Hyundia KonaBest Subcompact SUV for the Money
Honda CivicBest Compact Car for the Money
Hyundai TucsonBest Compact SUV for the Money
Honda AccordBest Midsize Car for the Money
Hyundai Santa FeBest 2-Row SUV for the Money
Kia TellurideBest 3-Row SUV for the Money
Honda OdysseyBest Minivan for the Money
Toyota AvalonBest Large Car for the Money
Hyundai Elantra HybridBest Hybrid and Electric Car for the Money
Hyundai Tucson HybridBest Hybrid and Electric SUV for the Money

Clark’s Take on Today’s New Car Market

Money expert Clark Howard offers a dose of reality for car shoppers in January 2022: The market continues to be overpriced due to inventory issues.

“The vehicle market won’t just all in one day be healthy, but the conditions will gradually improve through 2022,” he says.

Clark says that if you can delay buying a car right now, that’s the most prudent thing to do.

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However, if you absolutely must buy a vehicle, Clark says you should buy a used one that you can drive just for the time being.

You can just buy something older and use it as a placeholder until prices and supplies become more in sync,” Clark says. “Then later … you’ll be making a second purchase. That’s the only good strategy.”

Here’s a step-by-step guide on how to buy a used car.

More Car Resources From Clark.com:

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