Winners of the 2017 Best Value in Canada Awards for Top Cars, Trucks and SUV/Crossovers have been announced.
The 6th annual Vincentric Best Value in Canada awards put Toyota in top spot for 2017 with a total of nine awards. Honda won the Best Value brand award for non-luxury SUVs, Crossovers, & Vans along with four Best Value model awards.
The three other brand award winners, Mazda (Best Value Passenger Car), BMW (Best Value Luxury Car), and Ford (Best Value Pickup) each claimed brand awards for the second year in a row. Other brands with multiple models winning Vincentric Best Value in Canada awards were Kia, Audi, and Volvo.
“We saw numerous repeat winners this year,” said Vincentric President, David Wurster. “When manufacturers measure and manage a vehicle’s total cost of ownership, they are able to consistently deliver high value to consumers year after year.”
Vincentric identifies the Best Value winners by measuring which vehicles had lower than expected ownership costs given their market segment and price. Ownership costs measured included depreciation, fees & taxes, financing, fuel, insurance, maintenance, opportunity cost, and repairs.