2023 Vincentric Best Value in America Awards

VINCENTRIC BEST VALUE IN AMERICA AWARDS

Once per year Vincentric performs a cost of ownership analysis at the model level to determine Vincentric Best Value in America™ 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 50 states plus DC using a range of annual mileage intervals and insurance profiles. A full list of winners is shown below.

Defining Value – Learn more about how Vincentric defines value for the consumer market.

Press Release – Read the full press release announcing the 2023 Vincentric Best Value in America Awards.

Lowest Cost to Own Awards – See the full list of vehicles that earned 2023 Vincentric Lowest Cost to Own in America awards.

2023 AWARD WINNERS
BRAND AWARDS
Passenger Car Brand		Ford took home the Passenger Car brand award this year, due in no small part to an outstanding seventh-time win for the Mustang.
Luxury Car Brand		Volvo claimed the Luxury Car brand award for the third time, with wins for the S60 Plug-In Hybrid and the S90 Plug-In Hybrid leading the way into the winner's circle.
SUV & Van Brand		Dodge was the champion in the SUV & Van brand award category, led by the Durango's second-time win for Large SUV.
Luxury SUV Brand		Tesla earned the brand award for the Luxury SUV category with a best-in-class performance by the Model Y.
Truck Brand		For an impressive seventh time, Ford conquered the Truck brand award category, helped by award-winning performances by the F-150 Lightning, F-250, and F-350.
PASSENGER CAR
Subcompact		Kia Rio Contributing factors: 3.4% below expected ownership costs Lowest Insurance Cost in its Class Lowest Repair Cost in its Class Lowest Total Cost of Ownership in its Class Outperformed 2 Competitor Models
Subcompact
Subcompact Hatchback		Mini Cooper Electric Contributing factors: 11.9% below expected ownership costs Best Fuel Economy in its Class Lowest Maintenance Cost in its Class Lowest Operating Costs in its Class Outperformed 2 Competitor Models
Subcompact Hatchback
Compact		Toyota Corolla Hybrid Contributing factors: 12.8% below expected ownership costs Lowest Maintenance Cost in its Class Lowest Total Cost of Ownership in its Class Outperformed 8 Competitor Models
Compact
Compact Hatchback		Nissan LEAF Contributing factors: 21.4% below expected ownership costs Lowest Maintenance Cost in its Class Lowest Operating Costs in its Class Lowest Total Cost of Ownership in its Class Outperformed 10 Competitor Models
Compact Hatchback
Mid-Size		Honda Accord Hybrid Contributing factors: 17.2% below expected ownership costs Lowest Maintenance Cost in its Class Lowest Total Cost of Ownership in its Class Outperformed 10 Competitor Models
Mid-Size
Large Sedan		Chrysler 300 Contributing factors: 1.2% below expected ownership costs Lowest Maintenance Cost in its Class Lowest Repair Cost in its Class Lowest Total Cost of Ownership in its Class Outperformed 1 Competitor Model
Large Sedan
Sports Car		Ford Mustang Contributing factors: 7.2% below expected ownership costs Outperformed 6 Competitor Models
Sports Car
LUXURY CAR
Luxury Compact		Tesla Model 3 Contributing factors: 12.5% below expected ownership costs Lowest Maintenance Cost in its Class Lowest Operating Costs in its Class Lowest Total Cost of Ownership in its Class Outperformed 6 Competitor Models
Luxury Compact
Luxury Coupe		Mercedes-Benz E Class Contributing factors: 3.2% below expected ownership costs Outperformed 4 Competitor Models
Luxury Coupe
Luxury Mid-Size Sedan		Volvo S60 Plug-In Hybrid Contributing factors: 12.1% below expected ownership costs Lowest Maintenance Cost in its Class Outperformed 16 Competitor Models
Luxury Mid-Size Sedan
Luxury Large Sedan		Volvo S90 Plug-In Hybrid Contributing factors: 9.5% below expected ownership costs Best Fuel Economy in its Class Lowest Operating Costs in its Class Outperformed 6 Competitor Models
Luxury Large Sedan
Luxury Wagon		Mercedes-Benz E Class Contributing factors: 6.2% below expected ownership costs Lowest Repair Costs in its Class Outperformed 5 Competitor Models
Luxury Wagon
Luxury Sports Car		Porsche Taycan Contributing factors: 19.5% below expected ownership costs Best Fuel Economy in its Class Lowest Maintenance Cost in its Class Lowest Operating Costs in its Class Outperformed 3 Competitor Models
Luxury Sports Car
SUV & Van
Subcompact SUV		Chevrolet Bolt EUV Contributing factors: 20.7% below expected ownership costs Lowest Total Cost of Ownership in its Class Outperformed 15 Competitor Models
Subcompact SUV
Compact SUV		Ford Escape Plug-In Hybrid Contributing factors: 25.1% below expected ownership costs Lowest Total Cost of Ownership in its Class Outperformed 29 Competitor Models
Compact SUV
Mid-Size SUV		Kia Sorento Plug-In Hybrid Contributing factors: 13.1% below expected ownership costs Best Fuel Economy in its Class Lowest Operating Costs in its Class Outperformed 22 Competitor Models
Mid-Size SUV
Large SUV		Dodge Durango Contributing factors: 5.2% below expected ownership costs Lowest Maintenance Cost in its Class Lowest Total Cost of Ownership in its Class Outperformed 4 Competitor Models
Large SUV
Minivan		Chrysler Pacifica Plug-In Hybrid Contributing factors: 7.9% below expected ownership costs Best Fuel Economy in its Class Lowest Maintenance Cost in its Class Lowest Operating Costs in its Class Outperformed 3 Competitor Models
Minivan
LUXURY SUV
Luxury Compact SUV		Tesla Model Y Contributing factors: 20.9% below expected ownership costs Best Fuel Economy in its Class Lowest Maintenance Cost in its Class Lowest Operating Costs in its Class Outperformed 29 Competitor Models
Luxury Compact SUV
Luxury Mid-Size SUV		Lincoln Aviator Plug-In Hybrid Contributing factors: 13.3% below expected ownership costs Outperformed 19 Competitor Models
Luxury Mid-Size SUV
Luxury Large SUV		Mercedes-Benz GLS Class Contributing factors: 8.3% below expected ownership costs Outperformed 6 Competitor Models
Luxury Large SUV
TRUCK
Small/Mid-Size Pickup		Jeep Gladiator Contributing factors: 12.1% below expected ownership costs Outperformed 8 Competitor Models
Small/Mid-Size Pickup
Full-Size 1/2-Ton Pickup		Ford F-150 Lightning Contributing factors: 28.9% below expected ownership costs Lowest Maintenance Cost in its Class Lowest Operating Costs in its Class Lowest Total Cost of Ownership in its Class Outperformed 6 Competitor Models
Full-Size 1/2-Ton Pickup
Full-Size 3/4-Ton Pickup		Ford F-250 Contributing factors: 2.4% below expected ownership costs Lowest Maintenance Cost in its Class Lowest Repair Cost in its Class Lowest Total Cost of Ownership in its Class Outperformed 1 Competitor Models
Full-Size 3/4-Ton Pickup
Full-Size 1-Ton Pickup		Ford F-350 Contributing factors: 0.8% below expected ownership costs Lowest Maintenance Cost in its Class Lowest Repair Cost in its Class Lowest Total Cost of Ownership in its Class Outperformed 1 Competitor Models
Full-Size 1-Ton Pickup
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