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DEFINING BEST FLEET VALUE
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Each month Vincentric measures the cost to own and operate vehicles based upon typical use in a commercial fleet. To determine these overall lifecycle costs, fleet purchase incentives are incorporated into the calculation of the Vincentric Fleet Price for each vehicle, and costs for each vehicle are measured in the following 8 areas:
- To determine the Vincentric Best Fleet Value in America™ awards, the eight fleet costs for each of the 2,700+ vehicle configurations were measured in fifty states plus DC, with this data being used to create U.S. totals. The result was over 1,100,000 cost measurements.
- These calculations were then used to determine fleet lifecycle costs in 20 different ownership/mileage scenarios, resulting in approximately 22,000,000 fleet lifecycle cost calculations.
- 24 months of ownership at 10,000, 15,000, 20,000, 25,000, and 30,000 miles annually
- 36 months of ownership at 10,000, 15,000, 20,000, 25,000, and 30,000 miles annually
- 48 months of ownership at 10,000, 15,000, 20,000, 25,000, and 30,000 miles annually
- 60 months of ownership at 10,000, 15,000, 20,000, 25,000, and 30,000 miles annually
- Qualifying vehicles1 were then assigned to one of 41 different vehicle segments2. For each of the 41 segments, vehicles were ranked low to high in terms of their total lifecycle costs for each of the 20 lifecycle scenarios, resulting in 20 rankings for each segment.
- If a vehicle had the lowest fleet lifecycle cost in any of the 20 lifecycle scenarios for its segment, it became a finalist. Of the finalists, the vehicle having the lowest fleet lifecycle costs in the most lifecycle scenarios was declared the winner. If two or more vehicles were best in the same number of lifecycle scenarios, the vehicle with the most second place rankings was determined the winner. If that process did not create a winner, the vehicle with the best ranking in the 36 month, 25,000 mile scenario was selected as the winner.
1To qualify, manufacturers needed to have an active fleet program and meet specific thresholds for sales in the commercial and governmental markets.
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2Vehicle Segments
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| PASSENGER CARS: |
CROSSOVERS and SUVs: |
PICKUP TRUCKS: |
Subcompact
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Entry-Level Compact Crossover
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Mid-Size Pickup |
Compact Hatchback
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Mid-Level Compact Crossover
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Full-Size 1/2-Ton Pickup
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Compact Sedan
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Premium Compact Crossover |
Full-Size ¾-Ton Heavy Duty Pickup |
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Premium Compact Sedan
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Mid-Size Crossover
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Full-Size 1-Ton Heavy Duty Pickup
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Compact, Hybrid
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Premium Mid-Size Crossover |
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Electric/Plug-In Hybrid
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Large Crossover |
VANS: |
Mid-Size Sedan
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Premium Large Crossover |
Minivan |
Premium Mid-Size Sedan
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Crossover, Hybrid |
Mini Cargo Commercial Van |
Mid-Size Sedan, Hybrid
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Compact SUV |
Mini Passenger Commercial Van
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Premium Mid-Size Sedan, Hybrid
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Mid-Size SUV |
Full-Size 1/2-Ton Passenger Van
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Large Sedan
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Premium Mid-Size SUV
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Full-Size 3/4-Ton Passenger Van
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Premium Large Sedan
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Large SUV
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Full-Size 1-Ton Passenger Van
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Prestige
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Premium Large SUV
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Full-Size 1/2-Ton Cargo Van
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Wagon
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Full-Size 3/4-Ton Cargo Van
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Premium Wagon
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Full-Size 1-Ton Cargo Van |
< Back to Vincentric Best Fleet Value Awards
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