The 2024 Best CPO (Certified Pre-Owned) Value in America Awards have brought significant accolades to Ford, reaffirming the brand’s commitment to quality and value in the pre-owned vehicle market. This year’s event has been particularly noteworthy for Ford, often referred to as The Blue Oval, with a sweeping victory across multiple categories.
Ford's Unprecedented Success
Several Ford models have received top honors in their respective segments. These include:
Ford Expedition: This robust and stylish SUV claimed the top spot in the Large SUV category, proving its enduring appeal and reliability.
Ford Transit Connect: Demonstrating versatility, this model triumphed in both the Small Passenger Cargo Van and Small Commercial Cargo Van categories.
Ford E-Transit: Leading the Large Cargo Van segment, the E-Transit represents Ford’s innovative approach to modern transportation needs.
Ford F-150 Lightning: This electrifying model won the full-size half-ton pickup segment, showcasing Ford’s prowess in electric vehicle technology.
Ford Maverick: Taking home top honors in the small/mid-size pickup segment, the Maverick exemplifies efficiency and capability.
Additionally, the Ford truck brand received a special award, marking Ford as the only automotive brand to secure a win in more than one segment.
The Rigorous Evaluation Process
Vincentric’s assessment for these awards involved a thorough statistical analysis, focusing on vehicles with lower than expected ownership costs relative to their market segment and price. Over 18,000 vehicle configurations were analyzed across eight cost factors: depreciation, fees and taxes, financing, fuel, insurance, maintenance, opportunity cost, and repairs.
This comprehensive evaluation also took into account the CPO warranty offered by each manufacturer, along with mileage requirements for OEM CPO vehicles. Each vehicle was assessed in all 50 states plus Washington DC, assuming an annual mileage of 15,000 over five years.
The Significance of CPO Vehicles
David Wurster, President of Vincentric, highlighted the importance of CPO vehicles for consumers looking to save on costs. He emphasized the overwhelming number of options available and how the Vincentric Best CPO Value in America Awards can assist in making informed purchase decisions. The consistency of this year’s winners also adds a layer of confidence for consumers in the value of these CPO vehicles.
Ford’s triumph in the 2024 Best CPO Value in America Awards is not just a recognition of individual models but a testament to the brand’s overall commitment to quality, innovation, and value in the pre-owned vehicle market. As a proud Ford dealer, Gary Crossley Ford celebrates these achievements and invites customers to explore the award-winning range of Ford CPO vehicles.
Visit us at Gary Crossley Ford to experience the excellence of Ford’s CPO vehicles and see why they’re the best in America.
