Economy Cars Reviews

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Economy Cars Reviews

Updated July 2008

Best Economy Cars Reviews: (out of 22)
Motor Trend, Consumer Reports, Car and Driver

Best Economy Cars: (out of 29)
2008 Honda Civic, 2008 Honda Fit, 2008 Mazda3

Fast Answers - Best Economy Cars
Top Rated What the Research Says
•  2008 Honda Civic
   (*est. $14,800 to $23,250)

>> Where to buy

Best economy sedan.

The Honda Civic sedan isn't the trendiest compact car, but it gets excellent reviews for interior comfort, ride quality, fuel economy, standard safety features, overall long-term reliability and owner satisfaction. The Civic is available as a coupe, sedan, natural-gas-powered or gas/electric hybrid car (see our separate report on hybrid cars). All versions come standard with six airbags and antilock brakes. A sport-tuned variant, the Honda Civic Si, gets favorable reviews; many sources affectionately label it a budget sports car. Real-world fuel economy for the Honda Civic EX is about 26 mpg in mixed driving. Available options include GPS navigation and satellite radio. (compare prices)
•  2008 Honda Fit
   (*est. $13,950 to $16,070)

>> Where to buy

Best subcompact hatchback.

The Honda Fit, which debuted in 2007, is the most highly regarded subcompact hatchback in reviews. It gets better ratings overall than the competing Toyota Yaris and Nissan Versa. Highlights include the Fit's great handling for the money, along with a clever and roomy interior design that allows for plenty of flexibility and ample cargo space. Six airbags and ABS are standard. The Honda Fit is one of the most fuel-efficient non-hybrid cars available, averaging anywhere from 28-35 mpg in mixed driving (depending on the type of transmission). One major weakness is its small 1.5-liter, 4-cylinder engine, which makes the Fit better suited for city driving than for highway treks. GPS and satellite radio aren't available. (compare prices)
•  2008 Mazda3
   (*est. $13,995 to $20,295)

>> Where to buy

Best sporty compact car.

The Mazda3 is another reviewer favorite, albeit for somewhat less practical reasons. Sources say it's a spirited performer, especially in its Mazdaspeed3 incarnation, and the overall build quality is excellent. Fuel economy is so-so for this class, though; real-world mixed driving resulted in averages about 23 mpg. The starting price is low, but heavily optioned models can pass the $25,000 mark. Reviewers note that the sheer enjoyment of driving the Mazda3 is noteworthy enough, and it's a good value if you want something more sporty. Hatchback and sedan versions are available. (compare prices)
•  2008 Toyota Corolla
   (*est. $15,250 to $19,950)

>> Where to buy

Most reliable compact sedan.

While the Toyota Corolla may not have the style or youthful exuberance of the Honda Civic or the Honda Fit, its top-notch reliability offers the Corolla a distinct advantage in this class. In many ways, the Corolla fills the gap between the Honda Civic and Honda Fit. Power-wise, it's right in the middle with a 1.8-liter, 4-cylinder, 126-hp engine. The Corolla doesn't carry as many standard safety features as either the Civic or the Fit, though, and options are fairly limited -- neither an auxiliary audio jack, GPS navigation system nor satellite radio are available on any trim. However, if you want a sedate, mature and dependable compact car, reviews say the Corolla is an excellent choice. (compare prices)
•  2008 Toyota Yaris
   (*est. $11,350 to $14,450)

>> Where to buy

Least expensive compact car.

Though some subcompacts start at even lower prices, most experts claim that the Yaris's above-average reliability, better crash-test ratings and outstanding fuel efficiency are more than sufficient to justify the difference. At the same time, reviewers are quick to point out that the Yaris really doesn't best the rival Honda Fit in any aspect but initial cost -- driving dynamics and cabin design are widely regarded as inferior to the Fit's. Even the Yaris can quickly depart bargain territory with the addition of basic options such as ABS, a folding rear seat and side airbags. Still, the 2008 Toyota Yaris is a safe and reliable option for buyers looking primarily at the bottom line. (compare prices)
>>  Comparison Chart

Full Story
What the experts say, our analysis, and more...
Updated July 2008

When it comes to coverage of economy and compact cars, Car and Driver is one of the most thorough reviewers we've found, offering extensive, well-thought-out features on a variety of makes and models. Cars are tested on everything from drive quality to fuel economy to cargo space. Motor Trend is another excellent resource for comparative reviews, particularly with respect to the comprehensive coverage surrounding the magazine's annual Car of the Year evaluations. Edmunds.com also provides a wealth of current review coverage and offers a fresh perspective on the vehicles that it tests, though the site's best comparative reviews are provided in its Edmunds Inside Line online magazine. Consumer Reports excels in evaluating factors that most other publications gloss over, particularly long-term predicted reliability.

Consumer Guide isn't the best source for narrative reviews, but the website has great information on specifications, fuel economy, features, options and pricing. KBB.com, the online home of Kelley Blue Book, now goes far beyond estimating used-car values, offering an extensive review section. Kiplinger magazine rates compact cars with a focus on value, running costs and long-term reliability.

Although hybrid cars -- which use a combination of gas and electric power -- are hyped as being especially good values when it comes to fuel economy, experts say that in a strict cost/benefit analysis, they don't always come out better than a non-hybrid car in the long run. Consumer Reports magazine recently ran five-year projections on total costs for hybrid vs. similar non-hybrid cars. Estimates included insurance and maintenance costs, purchase price, probable resale value and income-tax credits (which are already being phased out on popular hybrid cars, and won't apply to any vehicle purchased after 2010). When it comes to SUVs and mid-priced sedans, there's little question that, for now, a hybrid car is actually more expensive to own and maintain by a significant margin. On the other hand, if recent hikes in gasoline prices continue unabated, these projections could change significantly in the coming months.

A smaller hybrid may have a slight edge among similarly sized gas-powered cars, but any long-term financial advantage will likely hinge on your ability to claim a federal hybrid-car tax credit. If you're not eligible for a credit, owning a hybrid compact car over a five-year period is generally at least $1,000 more expensive. If you can claim a credit, then the hybrid car may be the better deal overall, but probably not by a large amount.

No one argues that hybrid cars represent forward-looking technology that's better for the environment. However, on an individual basis, most aren't yet more cost-effective than some standard economy cars like the Honda Fit (*est. $13,950 to $16,070), which gets up to 38 miles per gallon. In Consumer Guide's real-world mileage figures, the Honda Civic Hybrid achieved a mixed-driving average of 38 miles per gallon; the Honda Fit with a manual transmission achieved 35.6 mpg. (The Fit is a smaller car with a smaller engine, however.) See our separate report on hybrid cars for more on hybrid technology and choices.  ... Continued

Consensus Report

Our Consensus Report shows how many times products are top-ranked by reviewers included in our
All The Reviews Reviewed chart.

# of picks Model
10 Honda Fit (*est. $13,950 to $16,070)
6 Nissan Versa (*est. $12,880 to $15,980)
6 Mazda3 (*est. $13,995 to $20,295)
5 Audi A3 (*est. $25,930 to $34,915)
5 Honda Civic (*est. $14,800 to $23,250)
5 Mazdaspeed3 (*est. $22,340 to $24,055)
5 MINI Cooper (*est. $18,050 to $25,450)
5 Scion xB (*est. $15,650 to $16,600)
5 Toyota Prius (*est. $20,950 to $23,220)
5 Volkswagen GTI (*est. $22,800 to $32,990)
5 Volkswagen Rabbit (*est. $15,600 to $18,650)
4 Kia Optima (*est. $16,355 to $20,500)
4 Toyota Corolla (*est. $15,250 to $19,950)
4 Toyota Yaris (*est. $11,350 to $14,450)
3 Honda Civic Hybrid (*est. $22,600 to $24,350)
3 Hyundai Elantra (*est. $13,625 to $17,325)
3 Subaru Impreza (*est. $16,995 to $38,795)
3 Suzuki SX4 (*est. $14,770 to $17,970)
3 Volkswagen Jetta (*est. $16,990 to $22,825)
2 each Chevrolet HHR, Ford Focus, Honda Civic Si, Scion tC, Smart fortwo, Subaru Impreza Outback Sport
1 each Chevrolet Aveo, Chevrolet Cobalt, Chrysler PT Cruiser, Dodge Caliber, Hyundai Accent, Kia Rio, Kia Rio5, Nissan Sentra Pontiac G5, Pontiac Vibe, Subaru Impreza WRX STI, Toyota Matrix, Volvo C30

Two Honda compacts, the Honda Civic sedan and the Honda Fit hatchback, get excellent reviews for the 2008 model year. The Toyota Corolla, which fits somewhere between those two cars, isn't as fun or forward-looking as the Civic and Fit, but its reliability record is one of the best in the business. Experts recommend the agile Mazda3 -- particularly in its performance-oriented Mazdaspeed3 trim -- to buyers looking for a sportier but still affordable compact car.

Very inexpensive cars like the Chevrolet Aveo and Kia Rio don't win many major awards, but if price is your main consideration, they're among the least expensive options on the market. Some reviewers warn, however, that the Aveo has a poor track record for long-term reliability, while the Rio suffers from below-average resale. As such, buyers may end up facing higher-than-average repair costs or rates of depreciation down the road. The Toyota Yaris, while slightly more expensive than either of these models, is likely to constitute a better value over time.

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