FOR IMMEDIATE RELEASE:
Vincentric Announces 2016 Best Value in Canada Awards for Top Car, Truck and SUV/Crossover Brands
BINGHAM FARMS, Michigan – July 5th, 2016 – The 5th annual Vincentric Best Value in CanadaTM awards were announced today, with Toyota, Mazda and Ford winning the top mainstream brand awards while BMW and Volvo earned top luxury brand honors. Honda also performed well, with four vehicles winning Vincentric awards.
At the manufacturer level, Toyota Motor Corporation led the way with eight winning vehicles, two of which came from its Lexus luxury brand. Ford's F-Series pickups dominated the full-size pickup categories, taking home all three awards, while Mazda showed strength in the compact and subcompact segments.
“The data analyzed to determine our awards showed the broad range of high-value vehicles in the Canadian market," said Vincentric President, David Wurster. "When manufacturers measure and manage a vehicle's total cost of ownership, they are able to consistently deliver high value to customers."
Using a stasticial model and eight ownership cost factors, Vincentric identifies the Best Value in CanadaTM 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 an insurance profiles.
ABOUT VINCENTRIC
Vincentric provides data, knowledge, and insight to the automotive industry by identifying and applying the many aspects of automotive value. Vincentric data is used by organizations such as AOL, BMW, Cars.com, Honda, Hyundai, General Motors, Mercedes-Benz, Nissan and Toyota as a means of providing automotive insight to their clientele. Vincentric, LLC is a privately held automotive data compilation and analysis firm headquartered in Bingham Farms, Michigan.
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Contact:
Alexandra Carey
Vincentric, LLC
248-430-4121 ext. 114
Alexandra.Carey@Vincentric.com
©2016 Vincentric, LLC, All Rights Reserved.
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