CarBuyersNoteBook

General Motors continues to show consumer preference as 10 of its cars have topped the 5th annual Vincentric Best Value in America awards. BMW and Toyota also had strong showings, with each brand taking home six of Vincentric’s Best Value in America awards.

“Because our awards take into account all costs involved with owning a vehicle, they enable buyers to measure automotive value using a level playing field,” commented David Wurster, President of Vincentric. “By determining value using all ownership costs – and not just a one or two costs such as fuel or monthly payments – buyers can truly understand the impact owning a specific vehicle will have on their financial situation.”

Vincentric measures cost-of-ownership using eight different cost factors: depreciation, fuel, insurance, opportunity cost, financing, maintenance, taxes and state fees, and repairs. Using a statistical model, the company identified the Best Value in America™ by measuring which vehicles have a lower than expected ownership cost given their market segment and price. Each vehicle was evaluated in all 50 states plus DC using a range of annual mileage intervals and insurance profiles.

(Source) Press

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