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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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Vincentric has announced its 2015 Best Fleet Value awards with Ford, FCA US, General Motors and Toyota capturing the most categories for their 2015 model-year vehicles.
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