3 min read published August 25, 2022
Written by Mia Taylor Written by Contributing Writer Mia Taylor is a contributor to Bankrate and an award-winning journalist who has two decades of experience and worked as a staff reporter or contributor for some of the nation’s leading newspapers and websites including The Atlanta Journal-Constitution, the San Diego Union-Tribune, TheStreet, MSN and Credit.com. Written by Rhys Subitch Edited by Auto loans editor Rhys has been editing and writing for Bankrate since the end of 2021. They are passionate about helping readers gain confidence to take control of their finances with clear, well-researched information that breaks down otherwise complex topics into manageable bites. The Bankrate promises
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If you have questions about money. Bankrate has answers. Our experts have been helping you manage your finances for more than four decades. We strive to continuously give our customers the right guidance and the tools necessary to make it through life’s financial journey. Bankrate adheres to strict standards , so you can trust that our content is truthful and reliable. Our award-winning editors and journalists provide honest and trustworthy information to assist you in making the best financial decisions. Our content produced by our editorial staff is objective, factual and is not influenced through our sponsors. We’re open about how we are in a position to provide quality content, competitive rates and useful tools to you , by describing how we earn money. Bankrate.com is an independent, advertising-supported publisher and comparison service. We receive compensation for the placement of sponsored products and, services, or by you clicking on specific links on our website. This compensation could influence the manner, place and in what order products appear in listing categories and categories, unless it is prohibited by law. This is the case for our mortgage home equity, mortgage and other products for home loans. Other elements, such as our own rules for our website and whether the product is offered in your area or at your personal credit score could also affect how and where products appear on this website. While we strive to provide a wide range offers, Bankrate does not include information about every credit or financial product or service. Car reliability rankings are released by industry publications and consumer organizations each year. These rankings, which are built on extensive research and feedback from car owners and provide a solid indication of the amount you’re likely to pay for repairs — a key factor in determining what your total cost of ownership will be. The most important thing is that car reliability ratings can help you determine the best options for buying and help you make a better purchasing decision. The current reliability ratings are two major reliability reports in the automotive industry: the annual brand reliability rankings for autos and J.D. Power’s U.S. Vehicle Dependability Study. Consumer Reports The Consumer Reports annual ranking of the brand’s reliability is designed to reveal the durability of vehicles over time while also providing details about the likelihood that an owner may be affected by issues or required repairs. The annual ranking provides an estimated reliability score for each vehicle, which is calculated using a range of zero to 100 points. The average score for vehicles within the report generally is between 41 to 60 points. For a manufacturer to be considered to be ranked, Consumer Reports must have survey data for at least two models. The most recent ranking issued from Consumer Reports from February 2022 included Asian automobile makers leading the pack by a substantial margin. Asian automobiles are rated with an overall reliability score of 62, whereas vehicles from European manufacturers are in a distant 2nd place with an overall average of 44. The domestic car manufacturers finish last, having an average of just 42. The five most reliable brands of the 2022 Consumer Reports ranking are: Subaru Mazda BMW Honda Lexus If ranked by type of car only (cars versus SUVs minivans and pickups Cars are found to be most trustworthy overall. Their average reliability rating is around 57. SUVs come in second place with an average score of 50. Minivans and pickups share last place, both with an average score of 43. However, when it comes to domestic cars, the rankings show the pickups and SUVs are more reliable, scoring 45 and 41, respectively. Domestic cars score lower at just 38. J.D. Power Now in its 33rd year, J.D. Power’s 2022 U.S. Vehicle Dependability Study measures problems experienced by original owners of three-year-old cars. The evaluation covers problem symptoms across a broad range of categories including: Exterior Driving Experience Features Controls and Displays (FCD) Information about driving assistance Seats Climate Interior Powertrain J.D. Power study has been updated to encompass all of the new features and technologies that are now accessible in the latest vehicles. It now covers a few new areas of concern and offers new insight into customer expectations about vehicle performance, deterioration as well as software upgrades. The defunct J.D. Power’s survey also measures whether customers are happy with how their vehicles withstood the test of time in terms of deterioration and appeal. In addition, it examines the way that a car’s features are performing three years after purchase. The published report provides a vehicle dependability score that’s based on the number of problems reported per 100 vehicles — or PP100. Based on this measurement method the top five reliable auto brands included in the report for 2022 include: Kia Buick Hyundai Toyota Dodge Don’t skip looking at safety ratings. To obtain a full overview of a vehicle’s security and reliability, look up the safety ratings of vehicles published annually through the Insurance Institute for Highway Safety (IIHS) an independent, non-profit scientific and education organization. The mission of the IIHS is decrease the number of deaths, injuries and property damage caused by vehicle collisions. As part of this mission it conducts and publishes research on vehicle safety. Every year, the company announces its Best Safety Pick — the cars that are the most reliable in their evaluations. This Top Safety Pick has been given since the model year. The IIHS also has been releasing Top Safety Pick+ awards since the year 2013. These awards seek to determine the top vehicles each year for safety in various size categories including small, medium-sized, luxury, large, large luxurious, small SUVs, midsize luxury SUVs, big SUVs, minivans, and big and small pickup trucks. A few of the vehicles that are awarded the Best Safety Pick+ or Top Safety Pick award in 2022 include: Small automobiles Honda Civic hatchback and sedan Honda Insight sedan Hyundai Elantra sedan Kia Soul wagon Mazda 3 hatchback and sedan Midsize cars Honda Accord sedan Hyundai Sonata sedan Kia K5 sedan Nissan Altima sedan Nissan Maxima sedan Small SUVs Buick Encore GX Chevrolet Trailblazer Ford Bronco Sport Ford Escape Honda CR-V Midsize SUVs Ford Edge Ford Explorer Ford Mustang Mach-E Hyundai Palisade Hyundai Santa Fe The main point is that purchasing cars is an enormous expense — both upfront as well as in the later years of ownership. Doing your research before making such a purchase is essential. Do some research on reliability ratings from trustworthy organizations to save money and prevent unnecessary repair headaches in the long haul. Find out more about
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Written by Contributing Writer Mia Taylor is a contributor to Bankrate and an award-winning journalist who has two decades of experience and worked as a staff reporter or contributor for some of the nation’s leading newspapers and websites including The Atlanta Journal-Constitution, the San Diego Union-Tribune, TheStreet, MSN and Credit.com. The article was edited by Rhys Subitch Edited by Auto loans editor Rhys has been writing and editing for Bankrate since late 2021. They are committed to helping readers gain confidence to manage their finances by providing clear, well-researched details that cut otherwise complex topics into manageable bites.
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