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VINCENTRIC BEST VALUE IN CANADA AWARDS
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As part of the annual Vincentric Best Value in Canada™ awards, Vincentric determines which vehicles have the lowest cost of ownership in their segments. Vincentric measures cost-of-ownership using eight different cost factors: depreciation, fees & taxes, financing, fuel, insurance, maintenance, opportunity cost, and repairs. A full list of winners is shown below.
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2023 LOWEST COST TO OWN WINNERS
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PASSENGER CAR
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| Subcompact |
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Mitsubishi Mirage
Contributing factors:
- Ownership costs over $349 lower than nearest competitor
- Outperformed 3 competitor models
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Compact
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Toyota Corolla Hybrid
Contributing factors:
- Ownership costs over $4,323 lower than nearest competitor
- Outperformed 7 competitor models
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Compact Hatchback
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Mini Cooper EV
Contributing factors:
- Ownership costs over $1,091 lower than nearest competitor
- Outperformed 9 competitor models
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| Mid-Size |
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Toyota Prius Prime
Contributing factors:
- Ownership costs over $21,297 lower than nearest competitor
- Outperformed 10 competitor models
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| Large Sedan |
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Chrysler 300
Contributing factors:
- Ownership costs over $4,220 lower than nearest competitor
- Outperformed 1 competitor model
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| Sports Car |
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Mazda MX-5
Contributing factors:
- Ownership costs over $1,484 lower than nearest competitor
- Outperformed 8 competitor models
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LUXURY CAR
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| Luxury Compact
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Tesla Model 3
Contributing factors:
- Ownership costs over $7,379 lower than nearest competitor
- Outperformed 8 competitor models
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| Luxury Coupe |
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Audi A5
Contributing factors:
- Ownership costs over $4,449 lower than nearest competitor
- Outperformed 4 competitor models
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| Luxury Mid-Size Sedan |
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Polestar Polestar 2
Contributing factors:
- Ownership costs over $4,361 lower than nearest competitor
- Outperformed 18 competitor models
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| Luxury Large Sedan |
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Jaguar XF
Contributing factors:
- Ownership costs over $3,983 lower than nearest competitor
- Outperformed 10 competitor models
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| Luxury Wagon |
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Volvo V60 Plug-In Hybrid
Contributing factors:
- Ownership costs over $18,442 lower than nearest competitor
- Outperformed 3 competitor models
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| Luxury Sports Car |
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Toyota GR Supra
Contributing factors:
- Ownership costs over $9,397 lower than nearest competitor
- Outperformed 11 competitor models
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| Luxury Convertible |
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BMW Z4
Contributing factors:
- Ownership costs over $5,265 lower than nearest competitor
- Outperformed 3 competitor models
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SUV & VAN
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| Subcompact SUV
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Hyundai Kona EV
Contributing factors:
- Ownership costs over $1,718 lower than nearest competitor
- Outperformed 18 competitor models
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| Compact SUV |
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Volkswagen ID.4
Contributing factors:
- Ownership costs over $10,664 lower than nearest competitor
- Outperformed 43 competitor models
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| Mid-Size SUV |
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Toyota Venza
Contributing factors:
- Ownership costs over $5,882 lower than nearest competitor
- Outperformed 22 competitor models
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| Large SUV |
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Dodge Durango
Contributing factors:
- Ownership costs over $85 lower than nearest competitor
- Outperformed 6 competitor models
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| Minivan |
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Toyota Sienna
Contributing factors:
- Ownership costs over $11,057 lower than nearest competitor
- Outperformed 5 competitor models
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LUXURY SUV
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| Luxury Compact SUV |
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Volvo XC40 EV
Contributing factors:
- Ownership costs over $356 lower than nearest competitor
- Outperformed 30 competitor models
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| Luxury Mid-Size SUV |
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Lexus RX 350h
Contributing factors:
- Ownership costs over $2,573 lower than nearest competitor
- Outperformed 25 competitor models
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| Luxury Large SUV |
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Cadillac Lyriq
Contributing factors:
- Ownership costs over $31,993 lower than nearest competitor
- Outperformed 8 competitor models
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TRUCK
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| Small/Mid-Size Pickup |
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Ford Maverick Hybrid
Contributing factors:
- Ownership costs over $25,452 lower than nearest competitor
- Outperformed 5 competitor models
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| Full-Size 1/2-Ton Pickup |
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Toyota Tundra
Contributing factors:
- Ownership costs over $4,046 lower than nearest competitor
- Outperformed 4 competitor models
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| Full-Size 3/4-Ton Pickup |
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Ram 2500
Contributing factors:
- Ownership costs over $8,014 lower than nearest competitor
- Outperformed 3 competitor models
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| Full-Size 1-Ton Pickup |
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Ram 3500
Contributing factors:
- Ownership costs over $6,332 lower than nearest competitor
- Outperformed 3 competitor models
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<Back to Vincentric Best Value in Canada Awards
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