
Ford and Nissan vehicles appeared most prominently among the vehicles chosen as having the best fleet value by Vincentric for the 2017 model year, the firm that analyzes total cost of ownership announced.
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Subaru and Acura ranked as the top automotive brand in Kelley Blue Book's annual 5-Year Cost to Own awards that names top luxury and non-luxury brands as well as 21 vehicle categories.
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More than 90% of the 272 diesel-powered pickups on the market cost more to operate than their gasoline counterparts, while nine diesel passenger cars had a lower total cost of ownership (TCO), according to new data from Vincentric.
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This analysis shows that ownership costs for vans with similar powertrains, GVWR, and capacities can vary by manufacturer as much as $9,000.
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Only seven of 29 hybrids offered in the 2016 model year showed a lower total cost of ownership than their gasoline counterparts, representing a sharp decline from 2012 levels, according to an analysis by Vincentric.
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Money considerations drive much of the decision making when choosing vans or pickups, but function also plays a crucial role.
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For the 2016 Vincentric Best Value in America awards, Honda and Lexus took the award for passenger cars and luxury cars, Subaru and Volvo earned top honors in the SUV/crossover categories, and Ford took the top spot for the best value brand for trucks.
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Bobit Business Media and Vincentric have launched a Web-based vehicle cost analysis tool for fleet readers of AutomotiveFleet.com, WorkTruckOnline.com, Government-Fleet.com, BusinessFleet.com, and FleetFinancials.com.
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Ford addresses vehicle engineering, parts pricing, insurance costs and auto body shop training in regards to keeping repair prices in check.
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The jury is still out on total cost of ownership (TCO) for the 2015 F-150; however, fleet owners should not expect a high cost-to-own increase from the 2014 to 2015 F-150 models, according to Vincentric.
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