Vincentric Names 2016 Fleet TCO Winners
Nissan, Ford, General Motors, and Toyota vehicles helped these car and truck makers lead Vincentric's 2016 Best Fleet Value in America awards that were announced today.
Bingham Farms, Mich.-based Vincentric named 38 vehicles in six categories, including passenger cars, luxury cars, SUVs and crossovers, luxury SUVs and crossovers, pickup trucks, and vans. Nissan led the way with 10 vehicles, followed by Ford with seven winners, General Motors with five and Toyota with four. Other brands with multiple winners were BMW, Hyundai, Mercedes-Benz, Subaru, and Volvo.
Vincentric credited the "broad strength of the Nissan product line" as it named Nissan vehicles in each of the four non-luxury categories. Ford also showed "that its Lincoln lineup is ready to compete in the luxury market" with two winners, including the MKS sedan and MKC compact SUV.
Vincentric named 11 vans to the list, including the Ford Transit Connect; Ford Transit 150, 250 and 350; Mercedes-Benz Metris cargo and passenger; Nissan NV 1500 cargo and 3500 passenger; Nissan NV200; and Nissan Quest minivan.
Four pickup trucks made the list, including the Chevrolet Silverado 2500, Silverado 3500, GMC Sierra 1500, and Nissan Frontier.
"Our 2016 awards identified best-in-class lifecycle costs among a large number of automotive manufacturers, many of whom have not been considered traditional fleet brands," said David Wurster, Vincentric's president. "This shows the increasing competitiveness in today’s fleet market and highlights the importance of performing a lifecycle cost analysis to help identify the best vehicles to include in an organization’s fleet."
Vincentric gives the awards after performing a cost of ownership analysis on over 2,400 vehicle configurations based upon typical fleet use. Vincentric measures cost of ownership using eight cost factors including depreciation, fees and taxes, financing, fuel, insurance, maintenance, opportunity cost, and repairs.
Each vehicle was evaluated in 50 states and the District of Columbia using 20 lifecycle cost scenarios. Vincentric picked the winners by determining vehicles with the lowest fleet lifecycle cost in the most scenarios for its segment.
For the full list of winners, visit the Vincentric website here.