Friday, August 1, 2008

JEEP PATRIOT NAMED LEAST EXPENSIVE TO OWN


Jeep Patriot is Least Expensive Sport Utility Vehicle to Own According to Edmunds.com.


Edmunds' True Cost to Own Data Reveals Best Values in SUV Segment SANTA MONICA, Calif. — July 22, 2008 — Despite high gas prices and general economic uncertainty, many consumers are still in need of sport utility vehicles and are looking for the best values in the marketplace. A study by Edmunds.com, the premier online resource for automotive information, reveals that the Jeep Patriot is the least expensive sport utility vehicle to own. The results are based on Edmunds.com's True Cost to OwnSM data, which incorporates projected model-specific average vehicle ownership costs, consisting of depreciation, financing, taxes, fees, insurance premiums, fuel costs, maintenance and repairs. Edmunds.com's True Cost to OwnSM data accounts for total vehicle costs over a five-year period."Even though gas prices are high, some consumers are still in search of a sport utility vehicle to meet their needs,"said Jesse Toprak, Executive Director of Industry Analysis, Edmunds.com. "For those consumers, vehicles like the Jeep Patriot and Nissan Rogue are relative bargains in their segments."The following True Cost to OwnSM data is based on a price of $4.09 per gallon for regular gasoline (the national average on July 15):
Compact Sport Utility Vehicles


Make Model Style Cost-Per-Mile
1. Jeep Patriot Sport 4dr SUV (2.4L 4cyl 5M) $0.486
2. Mazda Tribute i Sport 4dr SUV (2.3L 4cyl 5M) $0.494Jeep
3. Jeep Compass Sport 4dr SUV (2.4L 4cyl 5M) $0.505Honda
4. CR-V LX 4dr SUV (2.4L 4cyl 5A) $0.514Hyundai
5. Tucson GLS 4dr SUV (2.0L 4cyl 5M) $0.524

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