Wheels (Australia)

Gold Star criteria

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DEPRECIATI­ON

The biggest cost of ownership for most new cars. Of the 2000-plus cars number-crunched, Glass’s three-year retained value figures ran from 33 percent on a base model Toyota Aurion to 69 percent on another Toyota, the Landcruise­r GXL.

INSURANCE

Comprehens­ive insurance quotes obtained online from AAMI for a 35-year-old male living in Chatswood, NSW, Rating One for life, no finance, private use.

FUEL

Annual fuel cost was calculated on ADR combined-cycle consumptio­n figures – not real-world, but a good base for comparison. Annual distance travelled is taken as the ABS Australian average of 14,000km, and fuel prices on the day were used.

PURCHASE PRICE

Most new-car buyers set out with a budget in mind, so the survey is divided into price brackets. The real cost of owning the car is depreciati­on, which is where purchase cost comes into our value analysis.

REAL COST

It’s relatively easy to put a representa­tive number on the threeyear cost of depreciati­on, fuel and insurance, so the total of these running costs equate to 80 percent of a car’s score.

SERVICE

Widespread fixed- or capped-price servicing schemes would make it possible to compare car servicing costs, but for the fact they’re not universal. We can score service intervals; a longer interval may result in less expense and it will certainly be more convenient, so it takes the maximum 10 points.

WARRANTY

If nothing else, a seven-year warranty gives greater peace of mind compared with a three-year warranty. However, it’s impossible to put a hard cost on what an extra-long warranty is worth; it only translates into cash if something goes bang and is fixed without cost. Warranty accounts for 10 points of 100.

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