Over the past 12 years that Vincentric has been handing out its Best CPO (certified pre-owned) Value in America Awards, Ford has racked up quite a few individual model wins, as well as more than a few overall brand honors as well. Turns out, those seeking to minimize their operating expenses in the used vehicle market have a number of good choices wearing Blue Oval badges, and that’s once again the case with the latest version of the Vincentric Best CPO Value in America Awards, which singled out the Ford F-250 Super Duty as a great selection in its segment.
In fact, the Ford F-250 Super Duty topped the entire full-size 3/4 ton pickup space this time around, beating out three competitors thanks to the fact that it presents owners with the lowest maintenance, operating, and total costs of ownership, which came in at 2.8 percent lower than expected levels. The Ford F-250 Super Duty is one of six FoMoCo models to receive an individual award this year – including the Ford Maverick Hybrid, which topped the small/mid-size pickup segment, the Ford Expedition and its win in the Large SUV class, and the Ford F-150 Lightning, which took home top honors in the full-size half-ton pickup space.
To come up with this data, Vincentric measures the cost of ownership of a variety of used models via eight different cost factors – depreciation, fees & taxes, financing, fuel, insurance, maintenance, opportunity cost, and repairs. Using a statistical model, winners were identified by measuring which vehicles had lower than expected ownership costs given their market segment and price. Each vehicle was evaluated in all 50 states plus Washington D.C. using a range of annual mileage intervals and insurance profiles with the assumption that each would be driven 15,000 miles annually over five years.
“Vehicle cost of ownership is important to our customers,” said Jim Baumbick, vice president, Ford Product Development Operations and Quality. “Earning Vincentric’s CPO Value Awards for our trucks, vans, and SUVs is a testament to our engineers and their dedication to designing durable, cost-effective vehicles that help minimize operating costs to help hold their value over time.”
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