On Tuesday, Vincentric published its seventh annual list of the Best Value in America Award winners. For the forth year in a row, the Toyota Land Cruiser gets the award in the mid-size premium SUV category. According to Vincentric, the crossover costs less to insure, retains its value longer, and has the lowest repair and maintenance costs compared to the rivals.
The Land Cruiser is one of nine Toyota vehicles honored with the 2011 Best Value in America Award. These 9 winners, including the Land Cruiser, 4Runner, Avalon, Camry Hybrid, FJ Cruiser, Highlander Hybrid, Prius, Tacoma, and Venza, brought the company recognition for the best overall brand value and made Toyota the winner in the Passenger Car category. Totaling with 10 awards, Toyota became this year's leader, gaining nearly one quarter of all the awards and leaving all the rivals far behind.
Headquartered in Bingham Farms, MI, Vincentric is a private automotive data compilation and analysis company. Its main goal is to provide independent evaluation to help consumers better understand which vehicles give the best value in their segment. Vincentric awards the Best Value in America after measuring the ownership cost by analyzing eight factors: insurance, repairs, depreciation, fuel, finance, fees and taxes, maintenance, and finance. The calculations are made for vehicles on a five-year basis for annual mileages of 10,000, 15,000, or 20,000 miles. All vehicles are evaluated across all states, including Washington D.C.