Toyota Canada Inc. (TCI) was honoured today with ten 2022 Vincentric Best Value in Canada Awards™, as well as nine 2022 Vincentric Lowest Cost to Own in Canada Awards™, making it the eighth consecutive year – and the eleventh year overall – that Toyota and Lexus vehicles have received the most Vincentric Best Value in Canada awards. More info here.
Vehicles recognized with Vincentric Best Value in Canada Awards™ are compared against competitors in the sam segments and are awarded for having lower than expected ownership costs. Value is determined using a statistical analysis that incorporates the current market price and total cost of ownership of all 2022 model-year vehicles.
For the fifth time, Toyota was honoured with the “Best Value in Canada: SUV & Van” category award, as well as four “Best Value in Canada” model level awards in the “Compact”, “Mid-Size SUV”, “Minivan” and “Full-Size ½-Ton Pickup” segments.
A complete list of Toyota and Lexus “Best Value in Canada” model level awards is shown below.
For Toyota:
- 2022 Toyota Corolla Hybrid – Best Value in Canada: Compact segment
- 2022 Toyota Highlander Hybrid – Best Value in Canada: Mid-Size SUV segment
- 2022 Toyota Sienna – Best Value in Canada: Minivan segment
- 2022 Toyota Tundra – Best Value in Canada: Full-Size 1/2-Ton Pickup segment
For Lexus:
- 2022 Lexus ES Hybrid – Best Value in Canada: Luxury Mid-Size Sedan segment
- 2022 Lexus LS Hybrid – Best Value in Canada: Luxury Large Sedan segment
- 2022 Lexus NX Hybrid – Best Value in Canada: Luxury Compact SUV segment
- 2022 Lexus RX Hybrid – Best Value in Canada: Luxury Mid-Size SUV segment
As part of the awards process, Vincentric also identified the following seven Toyota models and two Lexus models as having the lowest total cost of ownership in their respective class:
- 2022 Toyota Corolla Hybrid – Lowest Cost to Own in Canada: Compact segment
- 2022 Toyota Corolla – Lowest Cost to Own in Canada: Compact Hatchback segment
- 2022 Toyota Prius – Lowest Cost to Own in Canada: Mid-Size segment
- 2022 Toyota GR Supra – Lowest Cost to Own in Canada: Luxury Sports Car segment
- 2022 Toyota Highlander Hybrid – Lowest Cost to Own in Canada: Mid-Size SUV segment
- 2022 Toyota Sienna – Lowest Cost to Own in Canada: Minivan segment
- 2022 Toyota Tundra – Lowest Cost to Own in Canada: Full-Size 1/2-Ton Pickup segment
- 2022 Lexus ES Hybrid – Lowest Cost to Own in Canada: Luxury Mid-Size Sedan segment
- 2022 Lexus UX Hybrid – Lowest Cost to Own in Canada: Luxury Compact SUV segment
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