Total Cost of Ownership - Toyota, Volvo, and GMC Score Top Honors with Vincentric's Best Value in America Awards
 |
SEE ALSO: All Vehicle's Total Operating Costs
Auto Central March 9, 2011; The Auto Channel reported that Vincentric's 7th annual Best Value in America awards were released, with Toyota, Volvo, and GMC winning the inaugural brand value awards for Passenger Cars, Luxury Vehicles, and Trucks respectively. A revived Chevrolet also performed strongly, buoyed by its new Chevrolet Cruze and Chevrolet Volt, while Audi performed strongly in the premium segments with three winning vehicles. Other brands with multiple winners were Honda, Lincoln, Infiniti, and Ford.
Since 2005 The Auto Channel has offered its viewers Vincentric's Total Cost of Ownership data, and once again brings you Vincentric's Best Value in America awards, which use total cost of ownership data to provide potential car and truck buyers with an independent benchmark to help them determine which vehicle will provide the best overall values in their potential purchase list. You can find The Total Cost of Ownership tool HERE
David Wurster, President of Vincentric. said "This year’s results show strong performance from manufacturers that measure and proactively manage the key factors impacting cost-of-ownership. When residual values, scheduled maintenance intervals, parts costs, and other ownership costs are understood, value can be built into the vehicle upfront, minimizing the need to discount later at the point of sale.”
Vincentric measures cost-of-ownership using eight different cost factors: depreciation, fuel, insurance, opportunity cost, financing, maintenance, taxes and state fees, and repairs. Using a statistical model, the company identified its Best Value in America winners by measuring which vehicles had a lower than expected ownership costs given their market segment and price. Each vehicle was evaluated in all 50 states plus DC using a range of annual mileage intervals and insurance profiles.
New for 2011 was the Eco segment, in which Vincentric’s process for measuring electric vehicle ownership costs was incorporated into the value measurement for the Chevrolet Volt and Nissan Leaf.
2011 Winners of Vincentric’s Best Value in America
Brand Awards
(Click on winners for full product information)
Passenger Cars
- Subcompact: Nissan cube
- Compact, Coupe: Infiniti G37
- Compact, Hatchback: Honda Element
- Compact, Sedan: Chevrolet Cruze
- Compact, Premium: Lexus IS 350
- Compact, Hybrid: Toyota Prius
- Eco: Chevrolet Volt
- Mid-Size, Coupe: Audi A5 S5
- Mid-Size, Sedan: Honda Accord
- Mid-Size, Sedan, Hybrid: Toyota Camry Hybrid
- Mid-Size, Sedan, Premium: Volvo S60
- Mid-Size, Sedan, Premium, Hybrid: Lincoln MKZ Hybrid
- Large: Toyota Avalon
- Large, Premium: Audi A6 S6
- Prestige: BMW X6
- Convertible: Mazda MX-5 Miata
- Convertible, Premium: Chevrolet Corvette
- Sports Car: Ford Mustang
- Wagon: Subaru Outback
- Wagon, Premium: Audi A6 Avant
SUVs, Crossovers, and Vans
- Crossover, Compact, Entry Level: Hyundai Tucson
- Crossover, Compact, Mid Level:Honda CR-V
- Crossover, Compact, Premium: Volvo XC60
- Crossover, Mid-Size: Toyota Venza
- Crossover, Mid-Size, Premium: Volvo XC90
- Crossover, Hybrid: Toyota Highlander Hybrid
- Crossover, Large: Buick Enclave
- Crossover, Large, Premium: Lincoln MKT
- SUV, Compact: Toyota FJ Cruiser
- SUV, Mid-Size: Toyota 4Runner
- SUV, Mid-Size, Premium: Toyota Land Cruiser
- SUV, Large: Chevrolet Tahoe
- SUV, Large, Premium: Infiniti QX56
- Minivan: Honda Odyssey
Pickups
- Compact Pickup: Toyota Tacoma
- Full Size Pickup, 1/2 Ton: Ford F150
- Full Size Pickup, Heavy Duty 3/4 Ton: GMC Sierra 2500HD
- Full Size Pickup, Heavy Duty 1 Ton: Chevrolet Silverado 3500HD
Further information regarding all of the winners of Vincentric’s Best Value in America™ awards for the 2011 model year and Vincentric’s methodology is available at www.vincentric.com.
