This year’s Vincentric Best Certified Pre-Owned Value in America awards were unveiled this morning, and leading the pack among OEMs were Ford and Toyota, each of which were represented by their respective brands’ vehicles in seven segment CPO category awards.

Named best CPO value passenger car brand once again was Honda, which also won the same honor in last year’s inaugural awards.

Meanwhile, the best CPO value luxury brand award and best CPO value truck brand winners were new this year: Buick and Chevrolet took those honors, respectively.

In all, there were 40 vehicles honored and 20 different brands recognized. 

“The Vincentric Best CPO Value in America awards highlight the commitment of manufacturers to offer high quality used vehicles. Backed by extended warranties, these certified pre-owned vehicles provide great value to buyers,” stated David Wurster, president of Vincentric.

”In our CPO awards this year there were 20 different brands with winning vehicles. These results show that when manufacturers actively measure and manage total cost of ownership, value is provided to consumers throughout the lifecycle of the vehicle,” he added.

The awards highlight the best value CPO model in each segment; Vincentric does this by using a statistical analysis to measure which vehicles had lower than expected ownership costs given their market segment and price.

In configuring this year’s awards, the company used eight cost factors — including depreciation, fees and taxes, financing, fuel, insurance, maintenance, opportunity cost, and repairs — and analyzes more than 13,000 vehicle configurations.

Each certified model was analyzed in all 50 states and Washington, D.C. Tests are based on assumptions each car would be driven 15,000 miles annually, with the expectation that they will be driven an additional 15,000 miles per year over the coming five years.

Breaking down the OEM winners, the Ford brand’s Mustang, Explorer, E-Series Vans (two segment wins) and Transit Connect models plus Lincoln’s Navigator and MKX models were honored.

Vincentric noted that passenger cars highlighted Toyota’s wins, including two award winners from Lexus and a win by Scion.

Elsewhere, General Motors and Honda each took home six awards and Nissan was recognized with five.

Stay tuned to Auto Remarketing for more from Vincentric, as we talk with president David Wurster about how these brand winners reflect CPO value.