Vincentric 2017 Best Value in Canada Awards
Once per year Vincentric performs a cost of ownership analysis at the model level to determine Vincentric Best Value in Canada awards for the consumer market. Vincentric measures cost-of-ownership using eight different cost factors: depreciation, fees & taxes, financing, fuel, insurance, maintenance, opportunity cost, and repairs. Using a statistical model, winners were identified by measuring which vehicles had lower than expected ownership costs given their market segment and price. Each vehicle was evaluated in all 10 provinces using a range of annual mileage intervals and insurance profiles. A full list of winners is shown below.
The 6th annual Vincentric Best Value in Canada awards were announced today with Toyota Motor Corporation leading the way with nine total awards, including the Lexus Best Value Luxury brand award in the SUV/Crossover category. Hondas performance was also impressive, winning the Best Value brand award for non-luxury SUVs, Crossovers, & Vans along with four Best Value model awards, including the 6-time titleholder Honda CR-V.
The three other brand award winners, Mazda (Best Value Passenger Car), BMW (Best Value Luxury Car), and Ford (Best Value Pickup) each claimed brand awards for the second year in a row. Other brands with multiple models winning Vincentric Best Value in Canada awards were Kia, Audi, and Volvo. Overall, over half of all model-level winners returned as repeat champions of their segments.
We saw numerous repeat winners this year, said Vincentric President, David Wurster. When manufacturers measure and manage a vehicles total cost of ownership, they are able to consistently deliver high value to consumers year after year.
Using a statistical model and the eight ownership cost factors, Vincentric identifies the Best Value in Canada winners by measuring which vehicles had lower than expected ownership costs given their market segment and price. Ownership costs measured included depreciation, fees & taxes, financing, fuel, insurance, maintenance, opportunity cost and repairs. Each vehicle was evaluated in all 10 provinces plus the Northwest Territories using a range of annual kilometer intervals and insurance profiles.
Additional information regarding all of the winners of the Vincentric Best Value in Canada awards for the 2017 model year and the Vincentric methodology is available at www.vincentric.com.
|2017 AWARD WINNERS|
|(To see a value rating graph and a brief commentary, click on the winner’s name)|
|Passenger Car Brand||Mazda|
|Luxury Car Brand||BMW|
|SUVs, Crossovers, & Vans Brand||Honda|
|Luxury SUVs & Crossovers Brand||Lexus|
|Subcompact Hatchback||Honda Fit|
|Compact Hatchback||Honda Civic|
|Large Sedan||Buick LaCrosse|
|Sports Car||Mazda MX5 RF|
|Electric/Plug-in Hybrid||Kia Soul EV|
|Luxury Compact||Audi A3|
|Luxury Coupe||BMW 4 Series|
|Luxury Mid-Size Sedan||Volvo S60|
|Premium Luxury Mid-Size Sedan||Volvo S90|
|Premium Luxury Large Sedan||Audi A7|
|Luxury Sports Car||Alfa Romeo 4C|
|Luxury Hybrid||Lexus ES 300h|
|Luxury Convertible||BMW 4 Series|
|Luxury Electric/Plug-In Hybrid||BMW i3|
|SUVS, CROSSOVERS, & VANS|
|Subcompact SUV/Crossover||Buick Encore|
|Compact SUV/Crossover||Honda CR-V|
|Mid-Size SUV/Crossover||Toyota Highlander|
|Large SUV/Crossover||Toyota Sequoia|
|Hybrid SUV/Crossover||Kia Niro|
|LUXURY SUVS & CROSSOVERS|
|Luxury Electric/Plug-In Hybrid SUV/Crossover||Volvo XC90 Plug-in Hybrid|
|Luxury Compact SUV/Crossover||Lexus NX 200t|
|Luxury Mid-Size SUV/Crossover||Lexus RX350|
|Luxury Large SUV/Crossover||Lincoln Navigator|
|Small Pickup||Toyota Tacoma|
|Full-Size 1/2-Ton Pickup||Ford F-150|
|Full-Size 3/4- Ton Pickup||Chevrolet Silverado 2500|
|Full-Size 1-Ton Pickup||Ford F-350 S/D|