2016 5-Year Cost to Own Awards: Best Compact Car

2016 Toyota Corolla

Best Compact Car:
2016 Toyota Corolla

The Toyota Corolla is the best-selling car in the history of the world in large part because of its low ownership costs. Affordable, fuel-efficient and historically trouble-free, the Corolla also benefits from excellent resale value thanks to its strong appeal as a used car. And that's why it's again a 5-Year Cost to Own Awards champion, winning in convincing, well-rounded style.

The latest Corolla is also more stylish than previous generations, further adding to its long list of reasons to buy. A bold face and well-defined lines give the Corolla parking-lot presence, which is backed up by similarly detailed interior styling.

Comfort and ease are also Corolla hallmarks, and it remains a great choice for long-haul commuters and in-city errand runners alike with good seats and a smooth ride, as highlighted in our full review: "Toyota's 2016 Corolla compact sedan won't light fires in the hearts of most driving enthusiasts, but just about everyone else will find a lot to like in this not-so-compact 4-door. The ride is smooth and confident, with a bit of playfulness in the sporty S."

We also like the available Entune infotainment systems, all of which benefit from simple and straightforward operation. And even a base Corolla includes a USB port, Bluetooth wireless connectivity and steering-wheel mounted audio controls.

The 2016 Toyota Corolla starts at a Manufacturer's Suggested Retail Price (MSRP) of around $18,000 and tops out closer to $25,000 with niceties like a moonroof, navigation system and push-button start. And no matter which Corolla you choose, you're buying one of the best new-car values available today.

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5-Year Cost to Own:

$30,330
as of December 31, 2015

2nd Place Finisher
2016 Honda Civic

2016 Honda Civic

Thoroughly and impressively redesigned for 2016, the venerable Honda Civic isn't just a small-car standout, it's our Overall Best Buy of 2016.

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5-Year Cost to Own:
$31,184
as of December 31, 2015

3rd Place Finisher
2016 Hyundai Elantra

2016 Hyundai Elantra

When it comes to bold style, the fun and funky Hyundai Veloster delivers more bang for the buck than anything else in the category.

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5-Year Cost to Own:
$31,278
as of December 31, 2015

Other Category Winners


See the previous Winners of these Awards: 2015 | 2014 | 2013
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