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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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2024 LOWEST COST TO OWN WINNERS
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PASSENGER CAR
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| Subcompact |
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Nissan Versa
Contributing factors:
- Ownership costs over $877 lower than nearest competitor
- Outperformed 2 competitor models
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Compact
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Toyota Corolla Hybrid
Contributing factors:
- Ownership costs over $632 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 $4,034 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 $12,574 lower than nearest competitor
- Outperformed 8 competitor models
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| Sports Car |
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Mazda MX-5
Contributing factors:
- Ownership costs over $1,172 lower than nearest competitor
- Outperformed 7 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 $15,580 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 $582 lower than nearest competitor
- Outperformed 2 competitor models
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| Luxury Mid-Size Sedan |
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Polestar Polestar 2
Contributing factors:
- Ownership costs over $9,932 lower than nearest competitor
- Outperformed 19 competitor models
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| Luxury Large Sedan |
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Tesla Model S
Contributing factors:
- Ownership costs over $5,316 lower than nearest competitor
- Outperformed 15 competitor models
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| Luxury Wagon |
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Volvo V60 Plug-In Hybrid
Contributing factors:
- Ownership costs over $10,900 lower than nearest competitor
- Outperformed 2 competitor models
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| Luxury Sports Car |
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Toyota GR Supra
Contributing factors:
- Ownership costs over $25,691 lower than nearest competitor
- Outperformed 12 competitor models
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| Luxury Convertible |
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BMW Z4
Contributing factors:
- Ownership costs over $835 lower than nearest competitor
- Outperformed 1 competitor model
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SUV & VAN
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| Subcompact SUV
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Kia Niro Plug-In Hybrid
Contributing factors:
- Ownership costs over $1,422 lower than nearest competitor
- Outperformed 16 competitor models
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| Compact SUV |
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Mazda MX-30
Contributing factors:
- Ownership costs over $1,065 lower than nearest competitor
- Outperformed 39 competitor models
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| Mid-Size SUV |
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Chevrolet Blazer EV
Contributing factors:
- Ownership costs over $2,431 lower than nearest competitor
- Outperformed 25 competitor models
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| Large SUV |
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Dodge Durango
Contributing factors:
- Ownership costs over $9,225 lower than nearest competitor
- Outperformed 6 competitor models
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| Minivan |
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Toyota Sienna
Contributing factors:
- Ownership costs over $13,106 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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Tesla Model Y
Contributing factors:
- Ownership costs over $6,799 lower than nearest competitor
- Outperformed 40 competitor models
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| Luxury Mid-Size SUV |
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Kia EV9
Contributing factors:
- Ownership costs over $17,605 lower than nearest competitor
- Outperformed 35 competitor models
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| Luxury Large SUV |
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Infiniti QX60
Contributing factors:
- Ownership costs over $13,975 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 $19,255 lower than nearest competitor
- Outperformed 7 competitor models
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| Full-Size 1/2-Ton Pickup |
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Ford F-150 Lightning
Contributing factors:
- Ownership costs over $8,126 lower than nearest competitor
- Outperformed 5 competitor models
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| Full-Size 3/4-Ton Pickup |
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Ram 2500
Contributing factors:
- Ownership costs over $1,821 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 $1,412 lower than nearest competitor
- Outperformed 3 competitor models
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<Back to Vincentric Best Value in Canada Awards
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