In photos: Cars with the best bang for your buck in Canada

Published July 5, 2016

This article was published more than 5 years ago. Some information in it may no longer be current.

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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 hatchback: Honda Fit

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Mid-size: Kia Optima

Jeremy Sinek/The Globe and Mail

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Sports car: Mazda MX-5

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Electric/plug-in hybrid: Kia Soul EV

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Luxury mid-size sedan: Volvo S60

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Premium luxury mid-size sedan: Volvo S80

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Premium luxury large sedan: Audi A7

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Luxury sports car: Porsche Cayman

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Luxury hybrid: Lexus ES300h

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Luxury electric/plug-in hybrid: BMW i3

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Subcompact SUV/Crossover: Mazda CX-3

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Compact SUV/Crossover: Honda CR-V

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Mid-size SUV/Crossover: Toyota Highlander

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Large SUV/Crossover: Toyota Sequoia

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Hybrid SUV/Crossover: Toyota RAV4 Hybrid

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Luxury hybrid SUV/crossover: Lexus NX 300h

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Luxury electric plug-in hybrid SUV/Crossover: Porsche Cayenne hybrid

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Luxury compact SUV/Crossover: Volvo XC60

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Luxury mid-size SUV/Crossover: Volvo XC70

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Luxury large SUV/crossover: Cadillac Escalade

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Small pickup: Toyota Tacoma

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Full-size 1/2 ton pickup: Ford F-150

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Full-size 3/4 ton pickup: Ford F-250 Super Duty

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Full-size one-ton pickup: Ford F-350

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