Report: Japanese automakers most reliable
Posted on Tuesday, October 29, 2013 at 12:41:55 PM
A thousand questions can run through a prospective vehicle buyer's mind before purchasing an automobile. While finding affordable auto financing is often near the top of the list, reliability and performance are also major factors to consider when buying a new car.
According to recent Consumer Reports rankings, Japanese automakers lead the pack once again when it came to reliability. Three companies - Lexus, Toyota and Acura - performed the best, based on driver experiences with more than 1 million vehicles.
However, several other brands have cracked the top 10. Audi had a particularly strong showing, coming in at fourth place. GMC and Volvo were also ranked higher this year than last. Additionally, GMC took the top spot for best American automaker on the list.
Also of note, Tesla's Model S electric car received its first recommendation from Consumer Reports for reliability.
Moreover, according to a report by TrueCar.com, October's new car sales forecast was particularly strong, and the best outlook since 2007. In total, sales of new light vehicles are expected to increase more than 14 percent on a yearly basis, and more than 9 percent month-to-month.
For buyers looking at auto financing for their next vehicle purchase, there are a number of dependable, popular choices on the market today.