BINGHAM FARMS, Mich. -

After announcing the ninth annual Vincentric Best Value in America awards last week, Vincentric unveiled the winners for the fleet side on Monday.

Specifically, the eighth annual Vincentric Best Fleet Value in America awards were led by General Motors, which claimed nine awards, followed by Ford and Toyota, each of which took eight.

The complete list of winners can be found here.

“Our awards look to provide guidance to all types of fleet buyers, and the fact that we have winners from a variety of manufacturers illustrates the growing competition in the fleet market," said Vincentric president David Wurster.

“By segmenting the awards and analyzing different mileage/lifecycle timeframe scenarios, vehicle buyers have guidance for determining the fleet vehicle that best meets the needs of their organization,” he added.

In determining the awards, the firm used eight cost factors to analyze more than 3,400 vehicle configurations in 20 different lifecycle cost scenarios. Factors included depreciation, fees and taxes, financing, fuel, insurance, maintenance, opportunity cost, and repairs.

Vincentric measured these costs in all 50 states and in Washington, D.C. It then reviewed the 25 million resulting lifecycle costs measurements to select winning models.

Best Value in America

On April 15, the company doled out its Best Value in America awards. Topping the charts were Toyota, which was named the best value passenger car brand, and Lexus, which was named best value luxury brand. Also earning top honors was Ford, which was named best truck brand.

Within the segment awards, Vincentric mentioned that GM and American Honda were well represented too, as each earned five awards.

The complete list can be seen here.

“As we've seen in previous years, a large variety of auto manufacturers had vehicles winning the Vincentric Best Value in America award,” said Wurster.

“This isn't surprising given the incredibly strong competition in today's automotive market; it shows that the increasing awareness and management of total cost of ownership by manufacturers is demonstrating significant value in this expanding market,” he said.

In determining these awards, Vincentric considers eight factors to figure cost-of-ownership: depreciation, fees and taxes, financing, fuel, insurance, maintenance, opportunity cost, and repairs.

It takes a statistical model to determine the models whose ownership costs were lower than expected, given their market segment and price. Vincentric evaluated each vehicle in all 50 states and in Washington, D.C., with a range of annual mileage intervals and insurance profiles.

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