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Ford, Toyota each win seven individual used car awards

Vincentric acknowledges excellence in Certified Pre-Owned Value

Published: August 7, 2014, 5:00 AM

2012 Scion iQ

Ford and Toyota have headlined the second annual Vincentric Best Certified Pre-Owned (CPO) Value in America awards with seven individual honours, while Honda earned the title of best passenger car brand, Chevrolet that of best truck brand and Buick took home luxury brand honours.

Including Chevrolet and Buick category wins, General Motors ended up taking home six awards, equal to Honda, while Nissan claimed five prizes.

“The Vincentric Best CPO Value in America awards highlight the commitment of manufacturers to offer high quality used vehicles. Backed by extended warranties, these certified pre-owned vehicles provide great value to buyers,” says David Wurster, President of Vincentric. ”This year, there were 20 different brands with winning vehicles. These results show that when manufacturers actively measure and manage total cost of ownership, value is provided to consumers throughout the lifecycle of the vehicle.”

Ford took top honours in the sport car (Mustang), premium mid-sized (Lincoln MKX) and large crossover (Explorer), premium large SUV (Lincoln Navigator), cargo minivan (Transit Connect) and passenger and cargo van (E-Series) categories, while Toyota topped micro cars (Scion iQ), subcompact sedan (Yaris), premium compact hatchback (Lexus CT 200h) and sedan (Lexus IS 250), mid-sized sedan (Camry), large sedan (Avalon) and compact pickup (Tacoma).

General Motors’ wins came in premium mid-sized (Buick Verano) and premium large sedans (Buick LaCrosse), premium large crossover (Buick Enclave) and the three full-size pickup categories — half-ton (Chevrolet Silverado 1500), three-quarter-ton heavy-duty (Silverado 2500) and full ton HD (GMC Sierra 3500).

Honda topped subcompact hatchback (Insight), compact coupe (CR-Z) and sedan (Civic Hybrid), mid-sized coupe (Accord), premium wagon (AcuraTSX) and compact SUV (CR-V).

Nissan took home the hardware in compact hatchback (Leaf), premium mid-sized coupe (Infiniti G37), and compact (Xterra) mid-sized (Pathfinder) and large (Armada) SUVs.

Hyundai captured three categories — subcompact coupe (Veloster), mid-size crossover (Santa Fe) and minivan (Kia Sedona) — and the Volkswagen group took two — premium sport car (Audi TT) and wagon (VW Jetta Diesel) — as did Volvo — premium convertible (C70) and premium compact crossover (XC60).

Individual honours went to Mercedes-Benz in premium compact coupe (C-Class), Fiat in convertible (500) and Land Rover in premium mid-size SUV (LR2).

Using statistical analysis of over 13,000 vehicle configurations in all 50 states (plus D.C.), Vincentric measures which vehicles had lower than expected ownership costs given their market segment and price. Cost factors include depreciation, fees and taxes, financing, fuel, insurance, maintenance, opportunity cost and repairs. The adjudication process presumes a driving distance of 15,000 miles per year (about 24,000 km), with the expectation that an additional 15,000 miles will be driven for each of the coming five years.

Vincentric, LLC is a privately held automotive data compilation and analysis firm headquartered in Bingham Farms, Michigan.