Toyota, Lexus win big in 2015 Vincentric Best Value in Canada Awards
The results are in — automotive data cruncher Vincentric announced their 2015 Best Value in Canada Awards and brand mates Toyota, Lexus and Scion came away big winners. The former two received recognition for being the best passenger vehicle and luxury brands, as well as for several individual models.
It wasn’t just a Toyota Motor Corporation show, though, as other companies including members of the Volkswagen Group and Mazda also garnered prizes in multiple categories. The awards cover virtually all the vehicle classes from micro cars to mid-size hybrid sedans to premium large SUVs.
Several auto manufacturers had award winning vehicles across many vehicle segments,” said Vincentric president David Wurster. “Manufacturers are increasingly monitoring and managing total cost of ownership to better compete with their rivals while offering significant choices and value for consumers.”
In order to determine best value, Vincentric measured cost-of-ownership by looking at the following eight factors: depreciation, fees and taxes, financing, fuel, insurance, maintenance, opportunity cost and repairs. Winning entries were lower to own and operate than expected, taking into account their respective market segments and MSRP. Models were evaluated in all 10 Canadian provinces and the Northwest Territories.
Here are some of this year’s award recipients:
Passenger cars
Segment: micro
Price: $17,260
Accolades: winner for the third consecutive year, lowest operating costs in its class
Segment: compact hatchback
Price: $17,695
Accolades: winner for the second consecutive year, best fuel economy and lowest total cost of ownership in its class
Segment: compact hybrid
Price: $26,305
Accolades: winner for the third consecutive year, best fuel economy and lowest operating costs in its class
Segment: premium compact sedan
Price: $31,100
Accolades: winner for the second consecutive year, best fuel economy and lowest operating costs in its class
Price: $31,300
Segment: premium compact hybrid
Accolades: first-time winner in inaugural segment, best fuel economy and lowest total cost of ownership in its class
Crossovers, SUVs and vans
Price: $25,990
Segment: mid-level compact crossover
Accolades: winner for the fourth consecutive year, best fuel economy and lowest operating costs in its class
Price: $54,535
Segment: large SUV
Accolades: winner for the fourth consecutive year, lowest fixed costs in its class
Price: $30,350
Segment: minivan
Accolades: winner for the third consecutive year, best fuel economy and lowest total cost of ownership in its class
Pickup trucks
Price: $24,285
Segment: mid-size pickup
Accolades: winner for the fourth consecutive year, lowest total cost of ownership and lowest maintenance costs in its class