Once per year Vincentric performs a cost of ownership analysis based upon typical use in commercial fleet to determine the Vincentric Best Fleet 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. Each vehicle was evaluated in all ten provinces plus the Northwest Territories using 24 different ownership/driving distance scenarios. Winners were identified by determining which vehicles had the lowest fleet lifecycle cost in the most scenarios for its segment. A full list of winners is shown below.
- Defining Value – Learn more about how Vincentric defines value for the fleet market.
- Press Release – Read the full press release announcing the 2022 Vincentric Best Fleet Value in Canada Awards.