DEFINING BEST FLEET VALUE

 

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:

 

Depreciation Insurance
Fees & Taxes  Maintenance
(scheduled and unscheduled)
Finance                                Opportunity Cost
Fuel Repairs

 

 

  • To determine the Vincentric Best Fleet Value in America™ awards, the eight fleet costs for each of the 2,500+ vehicle configurations were measured in fifty states plus DC, with this data being used to create U.S. totals. The result was nearly 1,000,000 cost measurements.

 

  • These calculations were then used to determine fleet lifecycle costs in 28 different ownership/mileage scenarios, resulting in approximately 28,500,000 fleet lifecycle cost calculations.

 

  • 24 months of ownership at 10,000, 15,000, 20,000, 25,000, 30,000, 35,000 and 40,000 miles annually
  • 36 months of ownership at 10,000, 15,000, 20,000, 25,000, 30,000, 35,000 and 40,000 miles annually
  • 48 months of ownership at 10,000, 15,000, 20,000, 25,000, 30,000, 35,000 and 40,000 miles annually
  • 60 months of ownership at 10,000, 15,000, 20,000, 25,000, 30,000, 35,000 and 40,000 miles annually

 

  • Qualifying vehicles1 were then assigned to one of 38 different vehicle segments2. For each of the 38 segments, vehicles were ranked low to high in terms of their total lifecycle costs for each of the 28 lifecycle scenarios, resulting in 28 rankings for each segment.

 

  • If a vehicle had the lowest fleet lifecycle cost in any of the 28 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.

 

 

2Vehicle Segments

PASSENGER CARS: SUVs and CROSSOVERS: PICKUP TRUCKS:
Subcompact
Subcompact SUV/Crossover
Small Pickup
Subcompact Hatchback
Compact SUV/Crossover
Full-Size 1/2-Ton Pickup

Compact 

Mid-Size SUV/Crossover Full-Size ¾-Ton Pickup

Compact Hatchback

Large SUV/Crossover
Full-Size 1-Ton Pickup
Mid-Size
LUXURY SUVs and CROSSOVERS:
VANS:
Large Sedan
Luxury Compact SUV/Crossover
Minivan
Hybrid
Luxury Mid-Size SUV/Crossover
Small Commercial Passenger Van
Electric/Plug-In Hybrid
Luxury Large SUV/Crossover
Small Commercial Cargo Van
LUXURY CARS:
Luxury Electric/Plug-In Hybrid SUV/Crossover Mid-Size Commercial Passenger Van
Luxury Compact Mid-Size Commercial Cargo Van
Luxury Mid-Size Sedan

Full-Size 1/2-Ton Passenger Van
Premium Luxury Mid-Size Sedan

Full-Size 3/4-Ton Passenger Van 
Premium Luxury Large Sedan

Full-Size 1-Ton Passenger Van 
Luxury Wagon
  Full-Size 1/2-Ton Cargo Van 
Luxury Hybrid
  Full-Size 3/4-Ton Cargo Van 
 Luxury Electric/Plug-In Hybrid    Full-Size 1-Ton Cargo Van

 

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Minivan