GM Receives Eight Certified Pre-Owned Awards
GMC top truck brand in Vincentric’s 2013 Best CPO Value in America Awards
DETROIT--uly 16, 2013: General Motors received eight Vincentric 2013 Best Certified Pre-Owned (CPO) Value in America™ awards, with no manufacturer earning more awards. In addition to vehicle awards, GMC was honored as the best truck brand.
GM Best CPO Value winners:
GMC - Best CPO Brand Value, Truck Full-size ½ ton pickup GMC Sierra 1500 Chevrolet Silverado 1500 GMC Sierra 3500 – Full-size 1 ton HD pickup Chevrolet Cruze - Compact sedan Chevrolet Express G1500 – Full-size passenger van Chevrolet Silverado 2500 – Full-size, ¾ ton HD pickup Buick Regal – Premium mid-size sedan Buick LaCrosse - Premium large sedan
“General Motors received awards in a wide-range of segments,” said David Wurster, president of Vincentric. “It’s clear that GM’s strong product portfolio and CPO program provide measurable value to customers.”
In its inaugural year, the Vincentric Awards honor the “Best in Class” model with lower-than-expected ownership costs in each market segment.
“Low cost-of-ownership and overall value are key factors for customers when they’re shopping for a CPO vehicle,” said Jennifer Costabile, GM general director of used vehicle activities and marketing. “The Vincentric Awards are a great testament to our Owner Care program, which is the only CPO program in the industry to include a standard vehicle maintenance plan – a real value for customers.”
Vincentric measures cost-of-ownership using eight different cost factors: depreciation, fees and taxes, financing, fuel, insurance, maintenance, opportunity cost, and repairs. Each CPO vehicle was evaluated in all 50 states plus Washington, D.C., assuming each vehicle had 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.
GM earlier this year won nine Vincentric 2013 Best Fleet Value in America awards.