The cost of owning a car involves a lot more than just the purchase price. Fuel economy, depreciation, taxes, financing, insurance, maintenance and repairs are all important factors that dictate how much owning a vehicle can cost you.
As with anything that requires money, some cars and trucks represent a better value than others when it comes to keeping them on the road. Once a year, Michigan’s Vincentric takes a critical look at the Canadian car industry to find the top values in an array of vehicle categories and presents them in its annual Best Value in Canada Awards.
Vincentric says its proprietary formula looks at 2,400 individual vehicle configurations to calculate a vehicle’s expected cost of ownership. Its analysts then compare that number to other vehicles in the same class and figure out the actual cost to keep any given model on the road.
2019 Best Value in Canada brand winners
The sole domestic-brand winner is Ford, which Vincentric named best value among truck brands.
Here’s an overview of the winning models, starting with the brands that won the most awards.
Audi wins for best luxury car brand thanks to six of its models being named best-in-class. The A3 wins in both the luxury compact and luxury convertible categories, while the A4 Allroad and A5 win for best luxury wagon and luxury coupe, respectively. The A6 wins for premium luxury mid-size sedan, and the A7 gets the nod among premium luxury large sedans. Finally, the Q7 is Vincentric’s bet for large luxury SUV.
This Japanese brand also enjoyed a strong finish this year, with five models named best in their respective categories. The Corolla is Vincentric’s best compact hatchback and the Avalon the top-rated large sedan. The Toyota Highlander Hybrid is the winner in the hybrid SUV and crossover group while the Corolla is Vincentric’s best compact hatchback and the Avalon the top-rated large sedan. The Sienna is this year’s best minivan. Finally, the Toyota Tacoma is 2019’s best small or mid-size pickup truck.
Toyota’s upscale Lexus brand has winners in four categories, but they belong to just two model lines. Vincentric calls the UX 200 the best luxury compact crossover, while the UX 250h is the best luxury hybrid crossover. It’s the same on the sedan side, where the Lexus ES 350 is 2019’s top luxury mid-size sedan and the ES 300h was named best luxury hybrid car.