Top 5 most fuel-efficient cars of 2020
Car dealerships offering more incentives than ever
FOX Business’ Grady Trimble reports on how Presidents Day is one of the best times for shoppers to buy a new car. There are supposedly more incentives for customers now than ever due to a downturn in auto sales.
Fuel efficiency is not just an added bonus when it comes to buying a new car. It’s actually one of the most important factors in a consumer’s decision, according to a recent study.
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The American Council for an Energy-Efficient Economy, along with researchers from Simon Fraser University, found that car buyers are willing to pay extra for better mileage per gallon, even if the initial cost of the car exceeds the savings they could see on the back end.
Drivers said they would pay $10,730 more for a new car in order to save $1,000 per year.
To that end, Consumer Reports led a proprietary test, independent of manufacturer-commissioned tests to find the most fuel-efficient cars in 2020 for city and highway driving.
Here are its top five picks, along with each car’s price range:
2020 Honda Insight
Price range: $22,930 to $28,340 Overall MPG: 54 City MPG: 44 Highway MPG: 62 Price range: $24,325 to $32,500 Overall MPG: 52 City MPG: 43 Highway MPG: 59 ROLLS-ROYCE CRUISES TO NEW SALES RECORD WITH HELP OF CULLINAN SUV Price range: $23,200 to $38,615 Overall MPG: 52 City MPG: 42 Highway MPG: 60 5 TOP-RATED CARS FOR YOUR MONEY Price range: $19,600 to $25,550 Overall MPG: 48 City MPG: 37 Highway MPG: 59 CLICK HERE TO GET FOX BUSINESS ON THE GO Price range: $24,020 to $36,250 Overall MPG: 47 City MPG: 40 Highway MPG: 52 CLICK HERE TO READ MORE ON FOX BUSINESS Source: Read Full ArticleTicker Security Last Change Change % HMC HONDA MOTOR 27.33 +0.25 +0.92% 2020 Toyota Prius
Ticker Security Last Change Change % TM TOYOTA MOTOR 139.11 +1.27 +0.92% 2020 Hyundai Ioniq
Ticker Security Last Change Change % HYMTF HYUNDAI MOTOR 31 -0.25 -0.80% 2020 Toyota Corolla
2020 Honda Accord