LAS VEGAS -

Unveiled Tuesday at Used Car Week’s CPO Forum were the fourth annual Vincentric Best Certified Pre-Owned Value in America awards.

A recap of the winners: 

  • Taking top honors in the truck brand category was Chevrolet, recognized for its Silverado lineup.
     
  • Ford earned recognition in the van category for its T-Series vans.
     
  • Lincoln took the luxury SUV/crossover award.
     
  • Lexus earned the luxury car brand award.
     
  • Nissan won for the passenger car brand.
  • Toyota was tops in the SUV/crossover category.

The awards also spotlighted individual models. Nissan and Ford had the most winners with each taking home five awards.

“The Vincentric Best CPO Value in America awards offer insight to those trying to understand which certified pre-owned vehicles provide the best value in today’s market,” Vincentric president David Wurster said in a news release. “Low total cost of ownership is fundamental in making smart vehicle purchase decisions.

“These awards have been created to enlighten potential buyers as to which CPO vehicles will provide the best value in the long run.”     

Best CPO Value in America awards are based off a statistical analysis that determines which vehicles have lower-than-expected ownership costs (given market segment and price).

More than 15,000 vehicle configurations were analyzed based on eight factors: depreciation, fees and taxes, financing, fuel, insurance, maintenance, opportunity cost and repairs.

Costs were determined after incorporating the CPO brand warranty.