Toyota and Audi deliver strong performances, winning the most awards.
The 8th annual Vincentric Best Value in Canada Awards presented Toyota with a total of 11 awards, including the Best Value SUV Crossover & Van brand for Toyota and Best Value Luxury SUV & Crossover brand award for Lexus. Audi earned a total of eight awards in the luxury car awards, including the Best Value Luxury Car brand honour.
Brands that won multiple awards were:
- Ford–won the Truck brand award for the fourth consecutive year for all three full-size pickup awards;
- Mazda–top honours in the Passenger Car category;
- Honda–three awards, with its seven-time winner, the CR-V;
- Subaru–two awards;
Other brands that won an award were Alfa Romeo, Chevrolet, Hyundai, Kia, Lincoln, Mitsubishi, and Volvo.
“Vincentric’s model-level awards offer guidance to consumers by illustrating the importance of including vehicle ownership costs in the decision-making process,” said Vincentric President, David Wurster. “For example, a vehicle with a higher purchase price may be more affordable over the entire ownership period than one with a lower purchase price.”
Vincentric utilizes a strategic model and eight ownership cost factors to determine the Best Value in Canada winners. These factors include low ownership cost given their market segment and price, and a look at depreciation, fees & taxes, financing, fuel, insurance, maintenance, opportunity costs, and repairs. Each vehicle was evaluated in all ten provinces plus the Northwestern Territories using a range of annual kilometer intervals and insurance profiles.
For more information on the winners, visit Vincentric.com.