Vincentric Announces Best Fleet Value in Canada
The fourth annual Vincentric Best Fleet Value in Canada awards were announced. Ford Motor Company and Toyota Motor Corporation topped the list. General Motors had six winning vehicles, as did the Daimler Group with its Smart and Mercedes-Benz Sprinter models combining for five winning vehicles.
Ford swept the full-size pickup segments, along with wins from its Transit vans, the Ford Flex, and three Lincoln vehicles to earn nine total awards. Toyota showcased the diversity of its product line by returning two hybrid winners, taking home several wins in the crossover and SUV category, and capturing the mid-size pickup segment. The success of General Motors was led by four awards from Buick along with wins from the Chevrolet Impala and Express 3500. For Daimler, the Mercedes-Benz Sprinter vans won all three of its full-size van segments for the fourth year in a row, complemented by two wins from Smart. FCA rounded out the top of the pack with its Dodge, Jeep, and Ram brands earning four total awards, according to Vincentric.
“Driven by the intense competition in the fleet market, this year’s awards had winning vehicles from thirteen different manufacturers across eighteen brands,” stated David Wurster, president of Vincentric. “This diversity offers fleet operators a wide range of choices when using total cost of ownership to help guide their vehicle selections.”
To determine the 2015 Vincentric Best Fleet Value in Canada awards Vincentric performed a cost-of-ownership analysis on over 1,800 vehicle configurations based on typical use in commercial fleet. Vincentric measures cost of ownership using eight different cost factors: depreciation, fees and taxes, financing, fuel, insurance, maintenance, opportunity cost, and repairs. Each vehicle was evaluated in all 10 Canadian provinces using 24 different lifecycle cost scenarios. Winners were identified by determining which vehicles had the lowest fleet lifecycle cost in the most scenarios for its segment, according to Vincentric.