Each year, the U.S. publication Kelley Blue Book publishes its winners of its 5-Year Cost to Own awards, and the Honda Accord took the prize in the midsize car category.

To establish these awards, KBB crunches various numbers, including purchase price and resale value, but also fuel consumption, insurance premiums and interest rates. It then sums up ownership costs over a period of five years, and among the midsize cars, it’s the Honda Accord that boasted the lowest ownership costs.

Kelley Blue Book’s team praised the Accord sedan’s high fuel economy, in addition to its irreproachable reputation for reliability and excellent resale value. At the finish line, the Honda Accord beat the Hyundai Sonata and the Toyota Camry in its segment. Moreover, the publication’s testers appreciated the sedan’s driving dynamics, spacious cockpit and standard Honda Sensing suite of advanced safety features, although these factors don’t influence ownership costs.

It’s the second year in a row that the Honda Accord grabs the 5-Year Cost to Own award in its category. “How good are the 2020 Honda Accord and Accord Hybrid sedans? If we could only recommend one car for most buyers, it would likely be one of the numerous Honda Accord models. As sedans go, the 2020 Honda Accord just gets everything right,” stated KBB. In addition, the sedan also won the Kelley Blue Book Best Buy award in its segment, as testers applauded the Accord’s design, cabin comfort and powertrain refinement.

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