Vincentric has released the winners of their annual Best Value in America™ awards for 2017 and the Mitsubishi i-MiEV was selected as the winner in the Electric/Plug-in Hybrid segment. This is now the 13th year that Vincentric has presented these awards in recognition of vehicles that have the lowest projected cost of ownership based on their analysis of all the new vehicles available for the current model year.
In order to determine which vehicles offer the best overall value, Vincentric measures their cost-of-ownership by considering a specific set of factors that affect cost such as insurance, repairs, depreciation, opportunity cost, fees & taxes, maintenance, financing, and fuel. Taking these factors into account, Vincentric determines which vehicles have ownership costs that are lower than the other models in its segment. Vincentric evaluated more than 3,000 vehicle configurations throughout the U.S. using this method along with insurance profiles and a range of annual mileage intervals.
“Mitsubishi I-MiEV Awarded “Best Value Electric Passenger Car in America” by Vincentric.”Mitsubishi Newsroom. N.p., 21 Feb. 2017. Web. 01 Mar. 2017. <http://media.mitsubishicars.com/releases/mitsubishi-i-miev-awarded-best-value-electric-passenger-car-in-america-by-vincentric>.
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