Ford Motor Company Achieves Eight Titles In The 2024 Vincentric Certified Pre-Owned Awards

Ford Motor Company has been recognised in the 12th annual Vincentric Best Certified Pre-Owned (CPO) Value in America Awards. The company received the 2024 brand award for best CPO value in both the Truck and Van categories, along with six model-specific awards. Jim Baumbick, Ford's vice president of Product Development Operations and Quality, emphasised the importance of vehicle ownership costs to customers.

Ford's success in these awards highlights its commitment to producing durable vehicles that retain their value. The Ford Maverick Hybrid was named the best CPO value in the Small/Mid-Size Pickup segment for the second consecutive year. Meanwhile, the Ford F-150 Lightning secured its ninth win in the Full-Size 1/2-Ton Pickup category.

Ford Earns Eight Vincentric CPO Awards in 2024

The Ford Super Duty F-250 earned recognition as the best CPO value in the Full-Size 3/4-Ton Pickup segment for the second time. Additionally, the Ford Super Duty F-350 was awarded for its third time in the Full-Size 1-Ton Pickup segment. The Ford E-Transit 350 also stood out, winning its seventh award in the Large Cargo Van category.

Ford is a leader in commercial vehicles, holding this position for 39 consecutive years. Its F-Series has been America's top-selling truck for 47 years straight. The company's commercial van brand has also maintained its top spot based on industry-reported sales data from 2023.

Ford's range includes vehicles like the Maverick, a compact hybrid pickup ideal for urban tasks and small deliveries. The F-150 Lightning offers versatility with towing capabilities and power export features beneficial for businesses. Transit models are favoured by those transporting goods or using them as mobile offices.

Vincentric's Evaluation Criteria

Vincentric evaluates vehicle ownership costs using eight factors: depreciation, fees and taxes, financing, fuel, insurance, maintenance, opportunity cost, and repairs. This comprehensive analysis helps determine which vehicles offer the best value over time.

The Ford Expedition was also recognised as the best CPO value in the Large SUV segment for the fifth time and third consecutive year. This achievement underscores Ford's dedication to providing cost-effective vehicles that meet diverse customer needs.

The awards reflect Ford's engineering excellence and focus on reducing operating costs while maintaining vehicle value over time. Customers appreciate these attributes when choosing Ford products like Maverick and F-Series Super Duty for various applications.

For more information about Ford's latest products such as Expedition, Maverick, Super Duty, Transit, E-Transit and others, visit media.ford.com.

Article Published On: Wednesday, November 20, 2024, 3:50 [IST]
Read more on: #global #ford
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