In photos: Cars with the best bang for your buck in Canada
There are many factors to consider when it comes to vehicle ownership - it's not simply about the purchase price and how cool the car looks. Vincentric, a Michigan-based automotive data firm, crunched the cost-of-ownership numbers and, on Tuesday, announced its fifth annual Best Value in Canada awards, naming Toyota, Mazda and Ford as its top mainstream brands with Volvo and BMW as the top luxury brands. Additionally, Toyota won eight of the 33 individual vehicle segments. Two of those category wins were for Lexus, Toyota's luxury brand. Mazda and Volvo captured four categories while BMW and Honda won three, as did Ford - all for its trucks. "The data analyzed to determine our awards showed the broad range of high-value vehicles in the Canadian market," said David Wurster, Vincentric president, in a statement. Vincentric analyzed eight different cost factors: depreciation, fees and taxes, financing, fuel consumption, insurance, maintenance, repairs, and the opportunity cost of not investing your money elsewhere. Each vehicle cost was evaluated in all 10 provinces plus the Northwest Territories. Here is the top vehicle in each of the 33 categories:
Subcompact: Toyota Yaris
Subcompact hatchback: Honda Fit
Compact: Mazda 3
Compact hatchback: Mazda 3
Mid-size: Kia OptimaJeremy Sinek/The Globe and Mail
Large sedan: Chevrolet Impala
Sports car: Mazda MX-5The Globe and Mail
Hybrid: Toyota Prius
Electric/plug-in hybrid: Kia Soul EV
Luxury compact: Audi A3
Luxury coupe: BMW 4-Series
Luxury mid-size sedan: Volvo S60
Premium luxury mid-size sedan: Volvo S80
Premium luxury large sedan: Audi A7
Luxury sports car: Porsche CaymanBloomberg
Luxury hybrid: Lexus ES300hReuters
Luxury convertible: BMW Z4
Luxury electric/plug-in hybrid: BMW i3The Globe and Mail
Subcompact SUV/Crossover: Mazda CX-3Petrina Gentile/The Globe and Mail
Compact SUV/Crossover: Honda CR-V
Mid-size SUV/Crossover: Toyota Highlander
Large SUV/Crossover: Toyota Sequoia
Hybrid SUV/Crossover: Toyota RAV4 Hybrid
Minivan: Honda Odyssey
Luxury hybrid SUV/crossover: Lexus NX 300h
Luxury electric plug-in hybrid SUV/Crossover: Porsche Cayenne hybrid
Luxury compact SUV/Crossover: Volvo XC60
Luxury mid-size SUV/Crossover: Volvo XC70
Luxury large SUV/crossover: Cadillac Escalade
Small pickup: Toyota TacomaThe Globe and Mail
Full-size 1/2 ton pickup: Ford F-150HANDOUT/Reuters
Full-size 3/4 ton pickup: Ford F-250 Super Duty
Full-size one-ton pickup: Ford F-350