Not to be outdone, the Porsche 911 Carrera took top honors in the sport class category of IntelliChoice's 2002 Best Overall Value of the Year (BOVY) Awards. The Porsche 911 amassed an impressive 11-year string of consecutive BOVY Awards from 1988 to 1998, and Porsche has received a total of 14 BOVY Awards in the past 15 years (12 for the 911, and two for the 911 Turbo).
The independent information research firm presents BOVY Awards to cars and trucks in 34 separate categories that it considers to be good values and projected to cost significantly less to own than other vehicles within the respective categories. According to IntelliChoice, a "good value" is a vehicle whose cost to own and operate is less than expected. The lower the cost to own and operate compared to what is expected, the better the value.
IntelliChoice's value calculation accounts for the price of a vehicle and the accumulated costs of depreciation, maintenance, repairs, fuel, fees, financing and insurance. It analyzes data compiled on more than 1,000 car and truck models and projects what these costs will be for the upcoming five-year ownership cycle.
