{"id":217,"date":"2016-05-27T16:52:24","date_gmt":"2016-05-27T16:52:24","guid":{"rendered":"http:\/\/www.dealerfireblog.com\/sherwoodford\/?p=217"},"modified":"2024-05-27T07:26:57","modified_gmt":"2024-05-27T07:26:57","slug":"ford-wins-vincentric-best-fleet-value-award","status":"publish","type":"post","link":"https:\/\/www.sherwoodford.ca\/blog\/ford-wins-vincentric-best-fleet-value-award\/","title":{"rendered":"Vincentric Best Fleet Value Awards Go to Ford"},"content":{"rendered":"<p>Vincentric Best Fleet Value Awards are done once per year. A cost of ownership analysis is performed\u00a0based upon typical use in commercial fleet to determine the Vincentric Best Fleet Value. \u00a0The 2016 Ford Transit Van lineup and Ford Flex won\u00a0the lowest fleet life-cycle cost in the most scenarios for its segment! Here&#8217;s how the winners were chosen. <!--more--><\/p>\n<h2>Vincentric Best Fleet Value &#8211;\u00a0The\u00a0Best Bang For Your Buck<\/h2>\n<p>The\u00a0award recognizes vehicles that provide fleet customers with lowest total cost of ownership.\u00a0Ford vans were named best value for fleets in the following categories for the second consecutive year:<\/p>\n<ul>\n<li>Full-size half-ton passenger van: <a href=\"http:\/\/www.sherwoodford.ca\/new-ford-transit-connect-sherwood-park-ab\" target=\"_blank\" rel=\"noopener\">Ford Transit<\/a> 150 XL low-roof wagon<\/li>\n<li>Full-size three-quarter-ton cargo van: Ford Transit 250 low-roof van<\/li>\n<li>Full-size one-ton cargo van: Ford Transit 350 low-roof van<\/li>\n<li>Small commercial passenger van: Ford Transit Connect XLT short-wheelbase van<\/li>\n<\/ul>\n<p><img loading=\"lazy\" class=\"aligncenter  wp-image-11956\" src=\"https:\/\/cdn-ds.com\/blogs-media\/sites\/71\/2016\/05\/27072632\/Award_8_b.jpg\" alt=\"Award\" width=\"387\" height=\"252\" srcset=\"https:\/\/cdn-ds.com\/blogs-media\/sites\/71\/2016\/05\/27072632\/Award_8_b.jpg 768w, https:\/\/cdn-ds.com\/blogs-media\/sites\/71\/2016\/05\/27072632\/Award_8_b-300x195.jpg 300w\" sizes=\"(max-width: 387px) 100vw, 387px\" \/><\/p>\n<p><a href=\"http:\/\/www.sherwoodford.ca\/new-ford-flex-sherwood-park-ab\" target=\"_blank\" rel=\"noopener\"><br \/>\nFord Flex<\/a> SE equipped with front-wheel drive \u00a0won for a third time.<br \/>\nIt was named a Vincentric Best Fleet Value in the large SUV\/crossover category.Each month Vincentric measures the cost to own and operate vehicles based upon typical use. To determine these overall life-cycle costs, fleet purchase incentives are incorporated into the calculation of the Vincentric Fleet Price for each vehicle. Costs for each vehicle are measured in the following 8 areas:<\/p>\n<ul>\n<li>Depreciation<\/li>\n<li>Fuel<\/li>\n<li>Insurance<\/li>\n<li>Financing<\/li>\n<li>Repairs<\/li>\n<li>Fees and taxes<\/li>\n<li>Opportunity costs<\/li>\n<li>Maintenance<\/li>\n<\/ul>\n<p>Winning vehicles have the lowest life-cycle costs across 20 different ownership and mileage scenarios.<\/p>\n<div>Attention: The internal data of table &#8220;6&#8221; is corrupted!<\/div>\n<ul>\n<li><strong>Depreciation Costs<\/strong>\u00a0 &#8211; Depreciation is the reduction in value a vehicle incurs during a given period of time. Using a combination of data sources, Vincentric estimates the annual depreciation on each vehicle using a basic set of assumptions.<\/li>\n<li><strong>Fuel Costs<\/strong> &#8211; As the starting point for our calculations, we access the U.S. Government Environmental Protection Agency\u2019s estimated mileage figures for both highway and city driving, then adjust based on the estimated percentage of mileage that for these two types of driving. We then add in an estimated price for each gallon of fuel.\u00a0 We update our fuel estimates monthly using industry sources that track up-to-date fuel prices nationwide.<\/li>\n<li><strong>Insurance<\/strong> &#8211; Insurance costs vary by type of vehicle, driver, and coverage amounts.\u00a0 Using data from multiple insurance industry sources, we estimate insurance costs for each vehicle in our analysis set.<\/li>\n<li><strong>Financing<\/strong> &#8211; Financing is the amount it costs to borrow money for a vehicle purchase.\u00a0 Using data from multiple lending institutions, along with averages provided by the financial industry, we calculate this \u201ccost of money\u201d to help determine overall cost of ownership.<\/li>\n<li><strong>Repairs<\/strong> &#8211; Repair costs are estimated for what consumers will pay to keep their vehicle in operating condition, excluding the cost for scheduled maintenance.<\/li>\n<li><strong>Fees and Taxes<\/strong> &#8211; These administrative fees also add to the cost of owning a vehicle. Because taxes and registration fees vary greatly by state\u2026.especially for high priced vehicles\u2026..the Vincentric system can customize the values by state to better meet your specific needs.<\/li>\n<li><strong>Maintenance Costs<\/strong> (includes scheduled and unscheduled) &#8211; Maintenance costs are affected by three key elements: Frequency, Labor Rates, and Parts prices. In addition, there are both scheduled and unscheduled maintenance. To create data that is well-suited for comparison, we use both scheduled and unscheduled maintenance costs to estimate total maintenance costs.<\/li>\n<li><strong>Opportunity Costs<\/strong> \u2013 This cost takes into account the loss of interest earnings that could be earned with the funds spent on a new vehicle. The lost \u201copportunity\u201d to earn interest income is an often overlooked cost of buying a vehicle, but nevertheless is critical to understanding overall costs and a key component when comparing one vehicle to another. Using data from respected financial information firms, we apply current savings interest rates to determine this cost.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Vincentric Best Fleet Value Awards are done once per year. A cost of ownership analysis is performed\u00a0based upon typical use in commercial fleet to determine the Vincentric Best Fleet Value. \u00a0The 2016 Ford Transit Van lineup and Ford Flex won\u00a0the lowest fleet life-cycle cost in the most scenarios for its segment! Here&#8217;s how the winners [&hellip;]<\/p>\n","protected":false},"author":23,"featured_media":11954,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[10,32,43],"tags":[119,121,161,176,177,178,215,304],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v16.1.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<link rel=\"canonical\" href=\"https:\/\/tt-blogs.dealerfire.com\/sherwoodford\/ford-wins-vincentric-best-fleet-value-award\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Vincentric Best Fleet Value Awards Go to Ford - Sherwood Ford\" \/>\n<meta property=\"og:description\" content=\"Vincentric Best Fleet Value Awards are done once per year. A cost of ownership analysis is performed\u00a0based upon typical use in commercial fleet to determine the Vincentric Best Fleet Value. \u00a0The 2016 Ford Transit Van lineup and Ford Flex won\u00a0the lowest fleet life-cycle cost in the most scenarios for its segment! Here&#8217;s how the winners [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/tt-blogs.dealerfire.com\/sherwoodford\/ford-wins-vincentric-best-fleet-value-award\/\" \/>\n<meta property=\"og:site_name\" content=\"Sherwood Ford\" \/>\n<meta property=\"article:published_time\" content=\"2016-05-27T16:52:24+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-05-27T07:26:57+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cdn-ds.com\/blogs-media\/sites\/71\/2016\/05\/27072456\/Award_b.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1038\" \/>\n\t<meta property=\"og:image:height\" content=\"400\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\">\n\t<meta name=\"twitter:data1\" content=\"3 minutes\">\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebSite\",\"@id\":\"https:\/\/tt-blogs.dealerfire.com\/sherwoodford\/#website\",\"url\":\"https:\/\/tt-blogs.dealerfire.com\/sherwoodford\/\",\"name\":\"Sherwood Ford\",\"description\":\"Official Blog\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":\"https:\/\/tt-blogs.dealerfire.com\/sherwoodford\/?s={search_term_string}\",\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/tt-blogs.dealerfire.com\/sherwoodford\/ford-wins-vincentric-best-fleet-value-award\/#primaryimage\",\"inLanguage\":\"en-US\",\"url\":\"https:\/\/cdn-ds.com\/blogs-media\/sites\/71\/2016\/05\/27072456\/Award_b.jpg\",\"contentUrl\":\"https:\/\/cdn-ds.com\/blogs-media\/sites\/71\/2016\/05\/27072456\/Award_b.jpg\",\"width\":1038,\"height\":400,\"caption\":\"Award\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/tt-blogs.dealerfire.com\/sherwoodford\/ford-wins-vincentric-best-fleet-value-award\/#webpage\",\"url\":\"https:\/\/tt-blogs.dealerfire.com\/sherwoodford\/ford-wins-vincentric-best-fleet-value-award\/\",\"name\":\"Vincentric Best Fleet Value Awards Go to Ford - 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