Certified Pre-owned Vehicles With the Best Value in 2020

Market analysis firm Vincentric recently announced its 2020 Best Value in Canada Awards for certified pre-owned (CPO) vehicles. The winners are those who have the lowest ownership costs given their market segment and price.

Vincentric measures cost-of-ownership using eight different cost factors: depreciation, fees & taxes, financing, fuel, insurance, maintenance, opportunity cost, and repairs.

In 2020, Mitsubishi is the passenger car brand with the best CPO value according to Vincentric, while Audi ranks number one in the luxury car segment. When it comes to SUVs and crossovers, Mazda is the leading brand on the mainstream side and Acura dominates among luxury brands. Ford is the best truck brand for value yet again.

Browse through our photo gallery above to find out which models have the best CPO value this year according to Vincentric.

Subcompact car – Mitsubishi Mirage

Compact car – Mazda3 and Toyota Corolla (tie)

Midsize car – Kia Optima

Large car – Buick Lacrosse

Sports car – Hyundai Veloster

Hybrid car – Ford Fusion Hybrid

Luxury compact car – Acura ILX

Luxury midsize car – Acura TLX

Luxury large car – Volvo S90

Luxury coupe – Audi A5

Luxury convertible – Audi A3 Cabriolet

Subcompact SUV/crossover – Mazda CX-3

Compact SUV/crossover – Mazda CX-5

Midsize SUV/crossover – Subaru Outback

Large SUV/crossover – Ford Flex  

Minivan – Dodge Grand Caravan

Luxury compact SUV/crossover – Acura RDX

Luxury midsize SUV/crossover – Acura MDX

Luxury hybrid SUV/crossover – Lexus NX Hybrid

Luxury electric/plug-in hybrid SUV/crossover – Volvo XC90 T8

Small/midsize pickup – Honda Ridgeline

Full-size 1/2-ton pickup – Ford F-150

Full-size 3/4-ton pickup – Ford F-250

Full-size 1-ton pickup – Ford F-350