Bingham Farms, Michigan (PRWEB) April 6, 2009
Vincentric's 2009 Best Fleet Value in America™ awards were announced today, with the strong fleet product lines from General Motors and Toyota each earning 7 awards, while Ford also did well with 5 winning vehicles.
General Motors' strength was due in part to the Silverado/Sierra sweep of the full-size pickup segments and the top performance from the new Chevrolet Traverse. Toyota used victories by the Camry, Prius, Tacoma, and the Sienna minivan to show value across the board, while Ford did well in the sedan segments, with the Mercury Sable and the Lincoln MKZ picking up awards. Chrysler showed that it still has fleet strength by earning 3 different awards, while Volvo also made its presence known in the premium segments with two winning vehicles, including the 3-time winner Volvo S40.
To determine Vincentric's Best Fleet Value in America™ awards, Vincentric used its ongoing, comprehensive analysis of fleet lifecycle costs to identify the best fleet values in the industry. The company measured 8 cost factors for over 2,000 vehicle configurations in the 2009 model year, with twenty different mileage/lifecycle timeframe scenarios used in each of the 50 states plus DC. The resulting 16,000,000+ lifecycle cost measurements were then reviewed to determine the winning vehicles.
The eight cost factors that determined overall lifecycle costs were depreciation, fuel, insurance, opportunity cost, financing, maintenance, taxes and state fees, and repairs. These costs were integrated with the Vincentric Fleet Price, which estimates the acquisition cost for each vehicle in the study.
"As in the past, our 2009 awards use a variety of segments to provide guidance to all types of fleet buyers, including small business fleets, executive fleets, and high-volume managed fleets", commented David Wurster, President of Vincentric. "One change for this year was the increase in different mileage/lifecycle timeframe scenarios we measured; going from twelve to twenty different combinations. By doing so, we're able to account for a wide variety of driving and ownership patterns and provide an independent, solid foundation for accurately evaluating the lifecycle costs of fleet vehicles in any state."
A complete list of vehicles winning Vincentric's Best Fleet Value in America™ award for 2009 is available at http://www.vincentric.com , along with a video and lifecycle cost details for each winning vehicle.
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