2 Kia Models Awarded with 2023 Vincentric Best Fleet Value in America
Vincentric performed a cost of ownership analysis measuring over 2,000 vehicle configurations being based on the use of typical fleet. Eight different cost factors are used: depreciation, fees & taxes, financing, fuel, insurance, maintenance, opportunity cost, and repairs. Using 28 different lifecycle scenarios, each vehicle was evaluated in all 50 states. Whichever vehicles had the lowest fleet lifecycle cost in the most scenarios within that segment were identified as winners.
Two Vincentric 2023 Best Fleet Value in America awards were given to Kia America. The 2023 Kia Rio LX won in the subcompact segment, and the Kia Rio 5-Door S won in the subcompact hatchback segment (being the second consecutive year win for the Rik 5-Door S).
The 2023 Kia Rio and Kia Rio 5-Door are great options for day-to-day efficiency, offer an EPA-estimated rating of 41 MPG highway, and loaded with useful technology!
“We are honored to have received two Vincentric Best Fleet Value in America awards.”
“These awards demonstrate the depth of our product lineup and the business value we provide to all of our customers, no matter their needs.”
(Steven Center, COO & EVP, Kia America)
“Both the Rio LX and the Rio S had the lowest depreciation and repair costs in their class, which were key factors that helped both models win the 2023 Vincentric Best Fleet Value in America Award for their segment,”
“The Rio LX had a particularly strong showing by winning all 28 measured lifecycle cost scenarios.”
(David Wurster, Vincentric President)
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