Vincentric performs a cost of ownership analysis at the model level to determine Vincentric Best CPO Value in Canada™ Awards. 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 ten provinces plus the Northwest Territories using a range of insurance profiles and an annual driving distance of 20,000 kilometers. A full list of winners is shown below.