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Hyundai Leads Industry in U.S. News & World Report 2023 Best Cars for the Money Awards


Hyundai leads the industry with four models selected for the 2023 Best Cars for the Money awards from U.S. News & World Report.

  • Hyundai Palisade Best 3-row SUV for the Money
  • Hyundai Elantra Hybrid named for the second time, Best Hybrid Car for the Money
  • Hyundai Santa Fe, the Best 2-row SUV for the Money, and Kona, Best Subcompact SUV for the Money, for a third time.

“Hyundai continues to offer customers a wide array of products that meet and exceed customer expectations,” said Olabisi Boyle, vice president of product planning and mobility strategy at Hyundai Motor North America. “Leading the industry for the most awards by U.S. News & World Report for their 2023 Best Cars for the Money competition is a tribute to the high level of content, features and technology we include within our products at an attainable price-point.”

They cover 12 automotive categories, and the awards spotlight cars and SUVs representing the best combination of long-term value and excellent ownership experience. Scores are based on safety and reliability data, as well as the collective opinion of the automotive press. The awards also factor in real-time transaction prices and a five-year total cost of ownership.

“The fact that Hyundai took home four Best Car for the Money awards is a testament to the quality and long-term value offered by the brand,” said Jim Sharifi, managing editor of U.S. News Best Cars. “The Elantra Hybrid, Kona, Palisade and Santa Fe all assure an excellent powertrain warranty, which helps keep repair costs at bay. All four winners also provide useful interior technology as standard equipment, and competitive pricing makes them an appealing choice as new car prices continue to rise.”


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