The Ford Flex debuted for the 2009 model year, putting a fresh face on the run-of-the-mill crossover that has since won over consumers across the globe. However, during its many years on sale, the Flex never really won over consumers, with sales figures hovering around the 20k mark over that time period. Thus, Ford ultimately decided to discontinue the Flex following the 2019 model year, leading to a large layoff at the Ford Oakville Assembly Plant, where the crossover was built. But while it’s gone, the Ford Flex is not forgotten, and it continues to earn accolades even now, years after its demise.
That list now includes Vincentric’s 2022 Best CPO Value in America award, which the Flex has earned in the large SUV segment. This is actually the fifth time the Flex has been recognized with this particular award, this time fueled by the fact that the crossover has the lowest insurance and total ownership costs in its class. The Flex joins a few other Blue Oval products recently recognized by Vincentric in its annual certified pre-owned awards, including the Ford Fusion Energi, which topped the EV/PHEV class, and Ford’s entire truck lineup as well.
The Ford Flex beat out its competition thanks in part to five-year ownership costs that are 4.9 percent below expected costs based on 15,000 miles driven per year. Vincentric measures value by first looking at these ownership costs, which it calculates by combining depreciation, insurance, repairs, scheduled and unscheduled maintenance, finance, fuel, taxes, state fees, and opportunity costs. A vehicle’s expected cost of ownership is based on statistical models that correlate the price of a vehicle with the cost of ownership. Any vehicle that falls below the average value line is a better value than a vehicle that falls above the average value line. Based on that information, vehicles are assigned a value score of 1-5, with 5 representing the best value.
Meanwhile, Ford’s CPO program as a whole has proven to be appealing to customers for a variety of reasons, starting with the fact that these vehicles are subjected to a multi-point inspection and assigned either Gold or Blue Certification before each hits the lot. Ford’s Blue Advantage CPO vehicles also include comprehensive limited warranty coverage, 24/7 roadside assistance, FordPass Rewards Points eligibility, and, as Ford Authority reported last week, will soon offer a 14-day, 1,000-mile money-back guarantee.