Despite the recent spate of recalls in the auto industry, finding catastrophic fault with today's new cars is rather difficult. Still, shopping around for a car is not as easy as 1-2-3.
Not only are you looking for affordability, you're looking for performance, durability, fuel efficiency and other necessary features that make it worth your money.
Another step most car buyers miss when buying a car is shopping around for insurance. During a recent Quadrant Information Services study, commissioned by insuranceQuotes.com, Karl Brauer, senior analyst for Kelley Blue Book said this is a very important factor to consider before purchasing a new vehicle.
“You may buy a less expensive vehicle that will wind up costing you more in the long run because it's relatively expensive to insure,” he added.
J.D. Power's 2013 Insurance Shopping Study found that only 23 percent of auto insurance customers shopped around for insurance policies.
The type of car you own does affect auto insurance rates, and whether the car is used or new also factors into the cost of your insurance. Because new cars are more valuable than used, they're considered to be higher risk vehicles. New cars are more likely to be stolen and will most likely be more expensive to repair should there be an accident.
Many buyers look to new cars for satisfaction, even without doing adequate research, but are all new cars worthwhile?
“New cars just aren't what they used to be,” says Forbes magazine, even with all the “evolution in styling and technological breakthroughs that have literally reinvented the automobile during the last quarter millennium.”
Here are 15 new vehicles Forbes thinks you should avoid when shopping around for a new set of wheels:
(AP Photo)
|BMW 7 Series
BMW's flagship sedan that is known for its languid styling has lost its edge over the years and no longer carries the sporty feel of earlier versions, some critics say.
Its product lineup includes an expensive and less-than-efficient gas-electric hybrid model.
To Consumer Reports, the 7 Series is just “a ponderous, technology-laden vehicle with ungainly handling,” and one of the lowest-scoring cars, worst overall values and most expensive operating costs in its class.
On top of that, ALG gives it a rock-bottom resale value rating and it has a below-average performance score from J.D. Power.
(Photo: iStock)
|Cadillac XTS
According to Forbes, “the big and benign full-size front-drive XTS sedan” is “something of a guilty pleasure,” but falls short in today's ultra-sophisticated luxury-car market.
While Consumer Reports cites the XTS as being among the industry's worst values, Forbes thinks the Chevrolet Impala offers equivalent accommodations for less money.
The biggest Caddy also gets low marks for initial quality and performance from J.D. Power and a below-average resale value rating from ALG.
(Photo: iStock)
|Dodge Journey
Dodge's seven-passenger crossover SUV doesn't age well, experts say, and is crying out for a redesign.
The base 2.4-liter, 173 horsepower four-cylinder engine that's mated to a dated four-speed automatic transmission has received no merit. Forbes thinks the Journey is better off fitted with the optional 3.6-liter 283-horsepower V6 engine and smoother-shifting six-speed automatic transmission.
Consumer Reports rates the Journey with “below-average reliability, lack of agility and a transmission that's reluctant to downshift.”
J.D. Power gives it low scores in reliability and performance and ALG, a below-average resale value rating.
(Photo: iStock)
|Fiat 500L
For many seeking a small and fun urban hipster transportation, the Fiat's 500 coupe and convertible is a worthy alternative to the Mini Cooper, but the longer four-door L is out of pace with other family-minded compact crossovers of competitive price, critics maintain.
From J.D. Power, the 500L receives low marks in initial quality and performance, and from ALG, a below-average resale value rating.
(Photo: iStock)
|Jeep Compass
This compact crossover has recently gotten cosmetic updates which helped to boost sales, but lingers insipidly at the back of the pack in a crowded market segment, say critics.
It carries a weak 2.0-liter 158-horsepower four-cylinder base engine with an optional 2.4-liter 172 horsepower four that doesn't prove to be much better — just a “dull and sluggish” engine, according to Consumer Reports.
The product-reporting company also describes the passenger cabin as “cramped and cheaply trimmed.” In initial quality, performance and reliability, it receives low marks from J.D. Power and a below-average resale value rating from ALG.
(Photo: iStock)
|Jeep Patriot
The Jeep Patriot has almost the same reviews as the above Jeep Compass, except that the Patriot assumes more-traditional Jeep exterior styling.
To Consumer Reports, it benefits from “a compliant ride and mostly simple controls, but little else stands out.” However, it gets low marks in performance and reliability from J.D. Power and a below-average residual value rating from ALG.
(Photo: iStock)
|Jeep Wrangler/Wrangler Unlimited
Some people might view the Wrangler and its four-door Wrangler Unlimited version among the best-performing off-road vehicles, but Forbes reports that passenger comfort is limited, the ride is harsh and erratic and at higher speeds, passengers suffer from excessive wind noise.
The resale value, however, is great, according to Forbes, but Consumer Reports's testing places the Jeep Wrangler among the lowest-scoring models, and the Unlimited among its worst-value models.
On top of that, the original Jeep's descendent receives low marks in initial quality, performance and reliability from J.D. Power.
(Photo: iStock)
|Lincoln MKS
Since its debut for the 2009 model year, this full-size Ford Taurus-based model has had little more than just cosmetic revisions, and just “doesn't cut it as a luxury sedan,” according to Consumer Reports.
Powered by a choice of a turbocharged or nonturbo V6 engine, it gets a below-average performance rating from J.D. Power and a below-average residual value ranking from ALG.
Consumer Reports cites it for being one of the worst values among new cars, and to make matters worse, the MKS is fitted with the MyLincoln Touch multimedia operating system that is said to confound and distract drivers at every turn.
(Photo: iStock)
|Lincoln MKT
Sharing its engines and many features with the MKS, the luxury version of the boxier-looking Ford Flex seven-passenger crossover SUV has been around for nearly as long as that model without any major update.
J.D. Power gives it below-average scores for initial quality and reliability and received below-average marks for depreciation from ALG.
(Photo: iStock)
|Mitsubishi i-MiEV
Rated at the equivalent of a mere 66 horsepower, the four-door i-MiEV is an all-electric car with an EPA-estimated operating range of only 62 miles on a charge (or less, depending on vehicle speed, ambient temperature and use of accessories), Forbes reported.
Although Mitsubishi has not yet released information on the 2015 model, the price was reduced by $6,000 last year, making it one of the most affordable EVs on the market.
Unfortunately, it received a rock-bottom rating for residual value from ALG and was given one of Consumer Reports' lowest overall performance scores.
(Photo: iStock)
|Mitsubishi Mirage
Widely panned, Mitsubishi's return to the subcompact car market provides affordable transportation and little more, Forbes cited, but apparently falls short in many ways, such as its “sluggish acceleration from its 74-horsepower three-cylinder engine.”
It falls among Consumer Reports' lowest-scoring models and was given below-average marks for performance by J.D. Power.
(Photo: iStock)
|Nissan Armada
This large and lumbering SUV, based on the Titan full-size truck, is very roomy, but is a task to drive with its bouncy ride and heavy handling.
The Nissan Armada gets low marks from J.D. Power for initial quality and reliability, and ranks among the lowest overall scores from Consumer Reports, which cited that “its overall fuel economy of 13 mpg is abysmal, reliability is poor and ownership costs are the worst in the category.”
(Photo: iStock)
|Nissan Titan
The Nissan Titan is in dire need of a refresh, critics say.
Forbes says the full-size pickup truck tends to be an also-ran in an intensely brand-loyal segment, and is handily outclassed by entries from Chevrolet/GMC, Ford and Ram, and to a lesser degree, Toyota.
The Titan is rated both below average in residual value from ALG and in performance from J.D. Power, and is noted as being among Consumer Reports' worst values.
(Photo: iStock)
|Scion iQ
The micro-sized two-door hatchback comes with oddly aligned seating that's said to accommodate three adults and one small child, but is best driven solo, experts say.
It gets below-average ratings across the board for residual value from ALG and for initial quality, performance and reliability from J.D. Power.
It falls among Consumer Reports' lowest rated cars, with CR saying that “the rear seat is awful, the cabin is loud and acceleration is molasses-like”.
(AP Photo)
|Smart ForTwo
Auto critics say this two-passenger micro car's saving grace is easy parking. Its fuel economy is decent, but any savings at the pump are negated by the car's need for premium-grade fuel.
The ForTwo is reasonably affordable but is rated below average for depreciation and is among Consumer Reports' lowest-scoring new cars based on its “tiny, two-passenger cabin, a herky-jerky transmission and an under-powered engine,” calling the Smart, “a dumb choice.”
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Trudy Knockless
Trudy Knockless is a reporter on ALM Media's Business of Law desk. She has a background serving legal and insurance publications. Contact her at [email protected] or on LinkedIn at Trudy Knockless.
