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2007 - DEFINING BEST FLEET VALUE
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Each month Vincentric measures the cost to own and operate over 2,000 vehicle configurations based upon typical use in a commercial fleet. To determine these overall lifecycle costs, fleet purchase incentives are incorporated into the calculation of the Vincentric Fleet Price for each vehicle, and costs for each vehicle are measured in the following 8 areas:
- To determine Vincentric’s Best Fleet Value in America™ awards, the eight fleet costs for each of the 2,000+ vehicle configurations were measured in fifty states plus DC, with this data being used to create U.S. totals. The result was over 800,000 cost measurements.
- These 800,000 calculations were then used to determine fleet lifecycle costs in 12 different ownership/mileage scenarios, resulting in approximately 9,600,000 fleet lifecycle cost calculations.
- 24 months of ownership at 20,000, 25,000, and 30,000 miles annually
- 36 months of ownership at 20,000, 25,000, and 30,000 miles annually
- 48 months of ownership at 20,000, 25,000, and 30,000 miles annually
- 60 months of ownership at 20,000, 25,000, and 30,000 miles annually
- Qualifying vehicles1 were then assigned to one of 30 different vehicle segments2. For each of the 30 segments, vehicles were ranked low to high in terms of their total lifecycle costs for each of the 12 lifecycle scenarios, resulting in 12 rankings for each segment, or 360 total rankings.
- If a vehicle had the lowest fleet lifecycle cost in any of the 12 lifecycle scenarios for its segment, it became a finalist.
- Of the finalists, the vehicle having the lowest fleet lifecycle costs in the most lifecycle scenarios was declared the winner. If two or more vehicles were best in the same number of lifecycle scenarios, the vehicle with the most second place rankings was determined the winner. If that process did not create a winner, the vehicle with the best ranking in the 36 month, 25,000 mile scenario was selected as the winner.
1To qualify, manufacturers needed to have an active fleet program and meet specific thresholds for sales in the commercial and governmental markets.
2Vehicle Segments
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Cars and Crossovers: |
SUVs and Crossovers: |
Pickup Trucks: |
Subcompact, over $17,000 |
Compact SUV, over $23,000 |
Compact Pickup |
Subcompact, under $17,000 |
Compact SUV, under $23,000 |
Full Size Pickup |
Compact, over $18,000 |
Mid-Size SUV, over $30,000 |
Heavy Duty ¾ Ton Pickup |
Compact, under $18,000 |
Mid-Size SUV, under $30,000 |
Heavy Duty 1 Ton Pickup |
Mid-Size, over $23,000 |
Large SUV, over $42,000 |
Heavy Duty 1 Ton Chassis Cab |
Mid-Size, under $23,000 |
Large SUV, under $42,000 |
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Large |
Crossover, over $29,000 |
Vans: |
Near Luxury |
Crossover, under $29,000 |
Minivan, over $27,000 |
Luxury |
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Minivan, under $27,000 |
Prestige Luxury |
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Full Size Passenger Van |
Wagon, over $23,000 |
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Mini Cargo Van |
Wagon, under $23,000 |
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Full Size Cargo Van |
< Back to Vincentric Best Fleet Value Awards
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