Vincentric announced the lineup in its fifth annual Vincentric Best Certified Pre-Owned Value in America awards on Tuesday. Winning the brand awards this year were Ford, Lincoln, Toyota and Audi. Ford secured the most model-level awards, as well, recieving recognition in eight categories.
The Blue Oval received brand awards for the CPO trucks, SUVs & crossovers, and vans categories, and Lincoln came out on top for the CPO luxury SUV & crossover category. Toyota secured the brand award for best CPO passenger car, and Audi won for the best CPO luxury car.
In addition to the brand awards, for each vehicle segment. Hyundai, BMW, Volvo, Chevrolet, Lexus and Honda all had multiple winners as did Ford, Lincoln, Toyota and Audi. Ford led the pack with eight model-level awards. This is how results broke down for the brands with multiple model awards:
- Hyundai: Hyundai Elantra, compact hatchback; Hyundai Veloster, sports car
- BMW: BMW 4-Series, luxury coupe; BMW i3, luxury electric/plug-in hybrid
- Volvo: Volvo S80, premium luxury mid-size sedan; Volvo V60, luxury wagon
- Chevrolet: Chevrolet Corvette, luxury sports car; Chevrolet Silverado 2500, full-size 3/4-ton pickup
- Lexus: Lexuc CT 200h, luxury hybrid; Lexus RX 450h, luxury hybrid SUV/crossover
- Honda: Honda CR-V, compact SUV/crossover; Honda Odyssey, minivan
- Toyota: Toyota Yaris, subcompact; Toyota Corolla, compact; Toyota Camry; mid-size; Toyota Avalon large sedan; Toyota Rav4 hybrid, hybrid SUV/crossover; Toyota Tacoma, small pickup
- Ford: Ford Fusion Hybrid, hybrid; Ford C-MAX Energi, electric/plug-in hybrid; Ford Flex, large SUV/crossover; Ford F-150, full-size 1/2-ton pickup; Ford F-350, full-tize 1-ton pickup; Ford Transit Connect, small commercial van; Ford Transit, large passenger van; Ford Transit, large cargo van
- Audi: Audi A3, luxury compact; Audi A5, premium luxury mid-size coupe; Audi S7, premium luxury large sedan; Audi A5, luxury convertible
- Lincoln: Lincoln MKZ, luxury mid-size sedan; Lincoln MKC, luxury compact SUV/crossover; Lincoln MKX, luxury mid-size SUV/crossover
Highlighting Vincentric’s methodology for the award program, to determine the 2017 Vincentric Best CPO Value in America award winners, the company conducted a statistical analysis to reveal which vehicles had lower than expected ownership costs given their market segment and price.
The company shared it analyzed over 15,000 vehicle configurations using eight cost factors: depreciation, fees and taxes, financing, fuel, insurance, maintenance, opportunity cost and repairs. And each CPO vehicle was evaluated in all 50 states and Washington D.C.
“The Vincentric Best CPO Value in America Awards enable consumers to make informed decisions when purchasing vehicles,” said Vincentric’s president, David Wurster.
“Comparing CPO vehicles which have different mileage, warranties and age can be challenging, and our awards can help simplify the decision-making process using our data-driven evaluations,” he continued.
On a national level, certified pre-owned vehicle sales were down 3.3 percent in October, but the year-to-date pace is still on par with the record figures from a year ago.
According to Autodata Corp., there were 200,240 CPO sales for the month, compared to 207,105 certified sales in October 2016.
However, the 2.22 million certified sales through 10 months of the year is up 0.6 percent from the tally from the same period of 2016.