2024 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 2024 Vincentric Best Value in America Awards.

Lowest Cost to Own Awards – See the full list of vehicles that earned 2024 Vincentric Lowest Cost to Own in America awards.

2024 AWARD WINNERS
BRAND AWARDS
Passenger Car Brand		Returning for an outstanding ninth-time win in the Passenger Car category, Toyota's alternative-fuel vehicles showed their strength this year, with the Corolla Hybrid, Prius Prime, and Camry Hybrid all winning their segments.
Luxury Car Brand		Lexus earned the Luxury Car brand award for an impressive eighth time, helped by model-level wins for the RC and ES Hybrid.
SUV & Van Brand		Toyota won the SUV & Van brand award for the seventh time. Award-winning performances from the RAV4 Prime, Venza, Sequoia, and Sienna helped Toyota take top honors.
Luxury SUV Brand		For the second year in a row, Tesla came out on top of the Luxury SUV brand category. Tesla's champion for 2024 was the Model Y, which won the Luxury Compact SUV segment for the second consecutive year.
Truck Brand		Ford's F-series pickups are no strangers to the winners circle. The F-150 Lightning, F-250, and F-350 all outperformed the competition in their segments, along with the Maverick Hybrid, propelling Ford to this eighth-time brand-level victory.
PASSENGER CAR
Subcompact		Mini Cooper Electric Contributing factors: 11.4% below expected ownership costs Lowest Fuel Cost in its Class Lowest Maintenance Cost in its Class Lowest Operating Costs in its Class Outperformed 3 Competitor Models
Subcompact
Compact		Toyota Corolla Hybrid Contributing factors: 8.7% below expected ownership costs Lowest Depreciation Cost in its Class Lowest Maintenance Cost in its Class Lowest Total Cost of Ownership in its Class Outperformed 7 Competitor Models
Compact
Compact Hatchback		Toyota Prius Prime Contributing factors: 13.9% below expected ownership costs Lowest Fuel Cost in its Class Outperformed 9 Competitor Models
Compact Hatchback
Mid-Size		Toyota Camry Hybrid Contributing factors: 9.9% below expected ownership costs Outperformed 10 Competitor Models
Mid-Size
Sports Car		Ford Mustang Contributing factors: 6.8% below expected ownership costs Outperformed 6 Competitor Models
Sports Car
LUXURY CAR
Luxury Compact		BMW 3-Series Plug-In Hybrid Contributing factors: 6.3% below expected ownership costs Outperformed 5 Competitor Models
Luxury Compact
Luxury Coupe		Lexus RC Contributing factors: 2.3% below expected ownership costs Lowest Depreciation Cost in its Class Lowest Repair Cost in its Class Lowest Total Cost of Ownership in its Class Outperformed 2 Competitor Models
Luxury Coupe
Luxury Mid-Size Sedan		Lexus ES Hybrid Contributing factors: 12.9% below expected ownership costs Lowest Total Cost of Ownership in its Class Outperformed 18 Competitor Models
Luxury Mid-Size Sedan
Luxury Large Sedan		Audi A7 Contributing factors: 6.8% below expected ownership costs Outperformed 3 Competitor Models
Luxury Large Sedan
Luxury Wagon		Audi A6 Allroad Contributing factors: 1.9% below expected ownership costs Outperformed 3 Competitor Models
Luxury Wagon
Luxury Sports Car		Chevrolet Corvette Contributing factors: 9.9% below expected ownership costs Lowest Insurance Cost in its Class Outperformed 5 Competitor Models
Luxury Sports Car
SUV & Van
Subcompact SUV		Hyundai Kona Electric Contributing factors: 9.7% below expected ownership costs Lowest Fuel Cost in its Class Lowest Maintenance Cost in its Class Lowest Operating Costs in its Class Outperformed 15 Competitor Models
Subcompact SUV
Compact SUV		Toyota RAV4 Prime Contributing factors: 16.2% below expected ownership costs Outperformed 37 Competitor Models
Compact SUV
Mid-Size SUV		Toyota Venza Contributing factors: 9.5% below expected ownership costs Outperformed 24 Competitor Models
Mid-Size SUV
Large SUV		Toyota Sequoia Contributing factors: 8.4% below expected ownership costs Lowest Fuel Cost in its Class Lowest Operating Costs in its Class Lowest Repair Cost in its Class Outperformed 6 Competitor Models
Large SUV
Minivan		Toyota Sienna Contributing factors: 6.9% below expected ownership costs Lowest Total Cost of Ownership in its Class Outperformed 4 Competitor Models
Minivan
LUXURY SUV
Luxury Compact SUV		Tesla Model Y Contributing factors: 16.3% below expected ownership costs Lowest Fuel Cost in its Class Lowest Maintenance Cost in its Class Lowest Total Cost of Ownership in its Class Outperformed 35 Competitor Models
Luxury Compact SUV
Luxury Mid-Size SUV		Lexus RX Hybrid Contributing factors: 8.1% below expected ownership costs Outperformed 23 Competitor Models
Luxury Mid-Size SUV
Luxury Large SUV		Cadillac Escalade Contributing factors: 2.6% below expected ownership costs Outperformed 6 Competitor Models
Luxury Large SUV
TRUCK
Small/Mid-Size Pickup		Ford Maverick Hybrid Contributing factors: 12.0% below expected ownership costs Lowest Fuel Cost in its Class Lowest Maintenance Cost in its Class Lowest Operating Costs in its Class Outperformed 7 Competitor Models
Small/Mid-Size Pickup
Full-Size 1/2-Ton Pickup		Ford F-150 Lightning Contributing factors: 10.9% 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: 8.3% 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 3 Competitor Models
Full-Size 3/4-Ton Pickup
Full-Size 1-Ton Pickup		Ford F-350 Contributing factors: 5.6% 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 3 Competitor Models
Full-Size 1-Ton Pickup
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