11/19/2024 | Press release | Distributed by Public on 11/19/2024 10:30
DEARBORN, Mich., Nov 19, 2024 - In the 12th annual Vincentric Best Certified Pre-Owned (CPO) Value in America Awards, Ford Motor Company earned the 2024 Vincentric Best CPO Value in America brand award in the Truck and Van categories along with six other model-level awards.
"Vehicle cost of ownership is important to our customers," said Jim Baumbick, vice president, Ford Product Development Operations and Quality. "Earning Vincentric's CPO Value Awards for our trucks, vans, and SUVs is a testament to our engineers and their dedication to designing durable, cost-effective vehicles that help minimize operating costs to help hold their value over time."
A complete list of Ford winning categories is below:
Ford is America's best-selling truck manufacturer,1 best-selling commercial van brand1, number one in commercial vehicles for 39 consecutive years2, and F-Series® is America's best-selling truck for 47 consecutive years.3
Customers turn to Ford for products like Maverick, a compact hybrid pickup, great for city use and jobs like parts running, F-150 Lightning which offers tremendous flexibility with towing, payload, and exportable power that can be used for businesses. Transit and E-Transit are popular with commercial customers who haul cargo like produce in rural areas or operate as a mobile office. F-Series Super Duty is a go-to option for those who tow trailers or have significant payload needs like mobile equine vets. For the latest news on Expedition, Maverick, Super Duty, Transit, E-Transit and all Ford Motor Company products, visit media.ford.com.
Vincentric, a privately held automotive data compilation and analysis firm, measures vehicle cost of ownership using eight factors: depreciation, fees and taxes, financing, fuel, insurance, maintenance, opportunity cost and repairs.
Click here to see the full list of 2024 Vincentric Best Certified Pre-Owned Value in America Awards.
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1Based on 2023 CY industry-reported total sales.
2Based on S&P Global Mobility CY1985-2023 US TIPNet Registrations excluding registrations to individuals. TIP Registrations prior to 2010 do not include all GVW 1 and 2 vehicles
3Based on 1977-2023 CY industry-reported total sales.