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IntelliChoice Value Rating
The chart above shows the purchase price versus ownership cost for each car from a specific vehicle class. The cars with better than average ownership cost/purchase price correlations are the best values, and these best value cars are represented by the dots below the curve. (i.e. the cars that have a lower ownership cost compared to its purchase price.) Those cars, which are worse than average or poor values, appear above the curve.
One way to view the graph is to draw a vertical line through any purchase price. You may see several dots that fall on this line - each of which is a car with a similar purchase price. However, notice the difference in ownership costs of each car represented by the vertical position of the dot. Two cars with the same purchase price can have thousands of dollars difference in ownership costs. This is what separates "good value" cars from "poor value" cars.
What is a good car value?
A "good car value" is one whose cost to own and operate is less than expected. The lower the cost to own and operate a car compared to what is expected, the better the value of that car.
But how do we know a car's "expected cost"?
For each car in the class, IntelliChoice plots the car's purchase price against the total five-year cost to own and operate it as determined by IntelliChoice research. Each dot on the above chart represents a specific car. Generally, we find that as the purchase price of the car increases, the cost to own and operate that car increases. This is why the dots on the graph tend to rise upward and to the right. This phenomenon also makes intuitive sense - as the purchase price rises, financing costs tend to rise, as do insurance, depreciation, taxes, and most other car ownership costs.
This is an important concept. It's normal for car ownership costs to rise as purchase price rises. Therefore, we can't just establish one "average" ownership cost number for each class, since cars in the class have different purchase prices. (This is why the "Relative" shown on each chart is different for cars in the same car class.)
Using statistical techniques, IntelliChoice "connects the dots" to form a curve that defines, for this car class, the relationship between the car's purchase price and car's ownership costs. This curve is our "expected cost" curve. The curve defines, for any car in the class, the five-year ownership cost that we would expect to see at each possible purchase price. If every car in the class were an average value, then all the dots would fall exactly on the curve. However, it's rare that any dot is exactly on the curve. Some dots are a little higher or lower, and some are a lot higher or lower. The dots that are a little lower are better than average car values, while the dots that are a lot lower are excellent car values (A dot that is a lot lower than the curve has ownership costs much lower than expected for a car of its purchase price). Conversely, a dot a little higher than the curve is a poorer than average car value, while a dot that is much higher than the curve is a poor car value.
Value is a relative term, not an absolute term. It is performing better than the logical expectation.
So is a Mercedes-Benz E320 expensive to own and operate? Certainly in an absolute sense. Most other cars cost less. But, when its cost to own and operate is plotted against cars with comparable invoice prices, the E320 costs less. So the E320 is not expensive to own and operate - it is a good car value. The Mercedes does not have low ownership costs, but it has low ownership costs for its invoice price.
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Cadillac Escalade Base Sport Utility Recalls
| Recall Date: |
MAY 19, 2006 |
| Component: |
FUEL SYSTEM, GASOLINE |
| Model Affected: |
ESCALADE |
| Units Affected: |
88303
Recall Details
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Recall Date:
MAY 19, 2006
Model Affected:
2000 CADILLAC ESCALADE
Summary:
CERTAIN REPLACEMENT FUEL FILTERS, FRAM BRAND NAME P/N G3727, WITH DATE CODES X52911 THROUGH X60801 SEQUENTIALLY OR X600141 AND A MEXICO COUNTRY OR ORIGIN MARKING ON THE FUEL FILTER HOUSING MANUFACTURED FROM OCTOBER 18, 2005, THROUGH MARCH 21, 2006, SOLD FOR USE ON THE VEHICLES LISTED ABOVE AND ON CERTAIN SCHOOL BUSES. (TO SEE THE SCHOOL BUS ENGINE SIZES, CLICK ON "DOCUMENT SEARCH" AND THEN "BUS APPLICATIONS"). THE CONNECTOR ON THE FUEL FILTER WAS NOT MANUFACTURED TO HONEYWELL'S SPECIFICATION. AS A RESULT, THE O-RING MAY NOT SEAT CORRECTLY ON THE FUEL LINE.
Consequence:
THIS CONDITION MAY CAUSE AN INADEQUATE SEAL AT THE CONNECTION, POTENTIALLY LEADING TO A FUEL LEAK. IN THE PRESENCE OF AN IGNITION SOURCE, A FIRE COULD OCCUR.
Remedy:
HONEYWELL WILL NOTIFY OWNERS AND REPLACE THE FUEL FILTERS FREE OF CHARGE. THE RECALL IS EXPECTED TO BEGIN DURING MAY 2006. OWNERS MAY CONTACT FRAM CUSTOMER SERVICE AT 1-800-890-2075 (OPTION 1).
Units Affected:
88303
Notes:
HONEYWELL INTERNATIONAL, INC.
| Recall Date: |
JUN 07, 2000 |
| Component: |
FUEL SYSTEM, GASOLINE:STORAGE:TANK ASSEMBLY |
| Model Affected: |
ESCALADE |
| Units Affected: |
4300
Recall Details
|
Recall Date:
JUN 07, 2000
Model Affected:
2000 CADILLAC ESCALADE
Summary:
VEHICLE DESCRIPTION: SPORT UTILITY VEHICLES, EQUIPPED WITH A FLOOR MOUNTED ROSEN VIDEO ENTERTAINMENT CENTER, FAIL TO CONFORM TO THE REQUIREMENTS OF FMVSS NO. 301, "FUEL SYSTEM INTEGRITY." DUE TO THE METHOD OF INSTALLATION OF THE VIDEO ENTERTAINMENT CENTER BY THE INSTALLED, THE VEHICLE MAY NOT MEET THE FUEL SPILLAGE REQUIREMENTS OF THE STANDARD IN A VEHICLE CRASH.
Consequence:
FUEL LEAKAGE IN THE PRESENCE OF AN IGNITION SOURCE COULD RESULT IN A FIRE.
Remedy:
IF THE ENTERTAINMENT CENTER IS INSTALLED ON THE RIGHT-HAND SIDE (PASSENGER SIDE), NO CORRECTION IS REQUIRED. IF THE ENTERTAINMENT CENTER IS INSTALLED ON THE LEFT-HAND SIDE (DRIVER SIDE), THE DEALER WILL REMOVE AND REINSTALL THE ENTERTAINMENT CENTER WITH A REVISED ATTACHMENT BRACKET. THE DEALER WILL ALSO INSPECT, AND IF NECESSARY, REPLACE THE FUEL RETURN LINE.
Units Affected:
4300
Notes:
GENERAL MOTORS CORP. 00052
| Recall Date: |
MAR 23, 2006 |
| Component: |
EXTERIOR LIGHTING |
| Model Affected: |
ESCALADE |
| Units Affected: |
61944
Recall Details
|
Recall Date:
MAR 23, 2006
Model Affected:
2000 CADILLAC ESCALADE
Summary:
CERTAIN PRO-A MOTORS CORNER LAMPS, TURN SIGNALS, AND HEADLIGHTS SOLD AS REPLACEMENT LAMPS FOR USE ON CERTAIN PASSENGER VEHICLES LISTED ABOVE. SOME COMBINATION LAMPS THAT ARE NOT EQUIPPED WITH AMBER SIDE REFLECTORS FAIL TO CONFORM TO FEDERAL MOTOR VEHICLE SAFETY STANDARD NO. 108, LAMPS, REFLECTIVE DEVICES, AND ASSOCIATED EQUIPMENT.
Consequence:
WITHOUT THE AMBER REFLECTORS, THE VEHICLE WILL BE POORLY ILLUMINATED, POSSIBLY RESULTING IN A VEHICLE CRASH WITHOUT WARNING.
Remedy:
PRO-A MOTORS WILL NOTIFY OWNERS AND OFFER TO REPURCHASE THE LAMPS. THE RECALL BEGAN ON APRIL 3, 2006. OWNERS MAY CONTACT PRO-A MOTORS AT 323-838-2988.
Units Affected:
61944
Notes:
PRO-A MOTORS, INC.
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Audio-Video in an Escalade
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GM Recalls 2 Million Cars
General Motors Corp. is recalling more than 2 million vehicles, mostly sold in the United States, on a variety of...
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Sexiest Cars
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