Honda, Lexus, and GMC Earn Top Honors with Vincentric Best Certified Pre-Owned Value in America Awards

PHOTO (select to view enlarged photo)

BINGHAM FARMS, Michigan July 10th, 2013; The inaugural Vincentric Best CPO Value in America awards were announced earlier today, with Honda and Lexus earning awards for best value passenger car brand and luxury brand, respectively. GMC captured the best truck brand award, edging out sister brand Chevrolet. At the manufacturer level, General Motors and Toyota topped the list, with their brands earning a total of eight Vincentric CPO awards for each manufacturer.

The Vincentric Best CPO Value in America awards are vehicle specific honors that determine the best value certified pre-owned model in each segment. Using a statistical analysis, the company identified the Vincentric Best CPO Value in America winners by measuring which vehicles had lower than expected ownership costs given their market segment and price.

"The Vincentric Best CPO Value in America awards recognizes the efforts manufacturers have put into quality improvements. These improvements, supported by strong CPO warranties, provide value to buyers of certified pre-owned vehicles," stated David Wurster, President of Vincentric. "When a great vehicle is combined with a great CPO program, more and more consumers will consider a certified pre-owned vehicle. These results demonstrate that the increasing awareness and management of total cost of ownership by manufacturers is paying dividends in this expanding market," he added.

Vincentric measures cost-of-ownership using eight different cost factors: depreciation, fees & taxes, financing, fuel, insurance, maintenance, opportunity cost, and repairs. Each CPO vehicle was evaluated in all 50 states plus DC assuming each has been driven 15,000 miles per year, with the expectation that they will be driven an additional 15,000 miles per year over the coming five years.

What Exactly Is A CPO?

From Wikipedia

A certified pre-owned or CPO vehicle is a type of used car. Virtually always they are late-model, they differ from other used cars by having been inspected, refurbished, and certified by a manufacturer or other certifying authority.

They also typically include an extended warranty, special financing, and additional benefits. Luxury marques Lexus and Mercedes-Benz were among the first to create CPO programs in the 1990s. There are variations as to what is termed certified pre-owned, so the distinctions are important. Manufacturer (or "factory") CPO vehicles are only sold at authorized dealers specializing in that particular franchise.

Factory CPO cars are generally five years old or newer and have less than 80,000 miles. They often cost more than vehicles certified by independent authorities, and are higher priced than a non-certified used vehicle. Independent programs can represent good value and an alternative to an OEM program. Independents may hold a vehicle to a higher standard than an OEM, or may be less stringent in their inspections.

Independents include brands such as the National Vehicle Certification Program (or "NVCP"), Carmark, and others. Dealer-certified programs represent a third category, as they are often promoted as Certified Pre-Owned. These vehicles generally have not been inspected by anyone outside the dealership, but do typically carry a warranty or extended service contract to provide some protection to the consumer.

With any certified pre-owned program, who does the actual inspection and reconditioning repairs may be significant. Both OEM and dealer-certified program vehicles are typically inspected by employees of the selling dealer- not by the manufacturer as may be assumed. Independents may employ a disinterested third-party inspector to ensure objectivity, or may allow the dealer to inspect their own vehicles.

Because warranties, vehicle inspection points, and other program components will vary, prospective buyers would be wise to decide what defines CPO for themselves, by comparing the programs to determine what best represents their needs and expectations.


Vincentric provides data, knowledge, and insight to the automotive industry by identifying and applying the many aspects of automotive value. Vincentric data is used by organizations such as Yahoo! Autos, AOL,, General Motors, Toyota,, Mercedes-Benz, Business Fleet Magazine, Volvo, NADA Guides, BMW and as a means of providing automotive insight to their clientele. Vincentric, LLC is a privately held automotive data compilation and analysis firm headquartered in Bingham Farms, Michigan.




PASSENGER CARS                  



Passenger Car Brand




Luxury Brand




Truck Brand




Subcompact Hatchback

  Honda Insight
Subcompact Sedan    


Hyundai Accent



Compact Coupe


  Kia Forte Koup


Premium Compact Coupe 


    BMW 3-Series
Compact Hatchback  


Toyota Prius 

Compact Sedan    


Chevrolet Cruze


Premium Compact Sedan     


Lexus IS 250


Mid-Size Coupe   Honda Accord


Premium Mid-Size Coupe


    Infiniti G37
Mid-Size Sedan     Toyota Camry
Mid-Size Sedan, Hybrid   Licoln MKZ Hybrid


Premium Mid-Size Sedan




Buick Regal


Large Sedan  


Honda Accord Crosstour

Premium Large Sedan  


Buick LaCrosse







Mini Cooper


Premium Convertible



Lexus IS 250





Mitsubishi Eclipse 





     Volkswagen Jetta
Premium Wagon   Volvo V50






Compact Crossover




Honda CR-V

Premium Compact Crossover 



Volvo XC60


Mid-Size Crossover



Toyota Venza


Premium Mid Size Crossover



Lexus RX 450h

Large Crossover    


Mazda CX-9

 Premium Large Crossover     


Lincoln MKT


Compact SUV  


Nissan Xterra


Mid-Size SUV    


Nissan Pathfinder


Premium Mid-Size SUV     

Land Rover LR4

Large SUV  


Nissan Armada


Premium Large SUV    


Infiniti QX56





     Volkswagen Routan
Full Size Passenger Van  


Chevrolet Express G1500


Compact Pickup      Toyota Tacoma
Full Size 1/2 Ton Pickup


GMC Sierra 1500/ Chevrolet Silverado 1500

Full Size 3/4 Ton Heavy Duty Pickup   Chevrolet Silverado 2500
Full Size 1 Ton Heavy Duty Pickup     


GMC Sierra 3500




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