BINGHAM FARMS, Mich. -

Ford, Nissan and Toyota brands have been recognized for delivering multiple models that carry the lowest fleet lifecycle cost.

The three brands took home nearly half of the 2018 Vincentric Best Fleet Value in America awards this year, Vincentric announced Tuesday.

This year, Ford earned a total of seven awards. In addition to the American brand’s Taurus model, which won an award for the eighth time, the F-150 pickup truck received its sixth Vincentric award this year.

“As more manufacturers make a focused effort marketing to the fleet industry, buyers have an increasing number of high-quality vehicles from which to choose,” Vincentric president David Wurster said in a news release. “Fleet operators can use our awards to narrow their choices and identify the vehicles that bring the best value to their selector list.”

Furthermore, Nissan scored six award wins altogether.

Along with its NV 200 model being named the top vehicle in the small commercial van segment for the fifth year in a row, Nissan’s Infiniti brand earned three awards in luxury segments.

Meanwhile, Toyota models took home a combined five Vincentric awards this year. In addition to the Camry winning this year’s midsize segment award, the Tacoma pickup truck has won an award for a record-setting 12th time.

Additionally, other notable winning brands include BMW, Chevrolet, Subaru and Mercedes-Benz, which each won three Vincentric fleet awards.

The Best Fleet Value in America Awards recognizes models with the lowest total cost of ownership in the most scenarios within their respective segments.

Vincentric determines cost of ownership using cost factors: depreciation, fees and taxes, financing, fuel, insurance, maintenance, opportunity cost and repairs.