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

TickerSecurityLastChangeChange %
HMCHONDA MOTOR27.33+0.25+0.92%

2020 Toyota Prius

Price range: $24,325 to $32,500

Overall MPG: 52

City MPG: 43

Highway MPG: 59

TickerSecurityLastChangeChange %
TMTOYOTA MOTOR139.11+1.27+0.92%

ROLLS-ROYCE CRUISES TO NEW SALES RECORD WITH HELP OF CULLINAN SUV

2020 Hyundai Ioniq

Price range: $23,200 to $38,615

Overall MPG: 52

City MPG: 42

Highway MPG: 60

TickerSecurityLastChangeChange %
HYMTFHYUNDAI MOTOR31-0.25-0.80%

5 TOP-RATED CARS FOR YOUR MONEY

2020 Toyota Corolla

Price range: $19,600 to $25,550

Overall MPG: 48

City MPG: 37

Highway MPG: 59

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2020 Honda Accord

Price range: $24,020 to $36,250

Overall MPG: 47

City MPG: 40

Highway MPG: 52

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