Honors in several categories have been bestowed upon Kia Motors America ( KMA ) in the Vincentric 2021 Best Fleet Value in America Awards.
The leading cost and analysis group recognized the Forte GT-Line (compact) and Soul LX (compact hatchback) as the best in their respective categories. This marks three consecutive wins for the Forte. The Soul has also been awarded three times in its class.
“Kia will always be driven to offer the best value to all of our customers,” said Sean Yoon, president & CEO, Kia Motors North America, Kia Motors America. For the experts at Vincentric to support that claim demonstrates our ability to deliver quality, design, and performance at an unbeatable price. This combination is key in the fleet vehicle space that Vincentric serves.”
The Vincentric Best Fleet Value in America awards are designed to recognize the lowest overall ownership cost of vehicles, after an analysis measuring various lifecycle cost scenarios. The awards have been handed out for the past 16 years.
Eight main cost factors such are considered, and include depreciation, fees and taxes, financing, fuel, insurance, maintenance, opportunity cost and repairs. The methodology used to determine the winners was to simply determmine which vehicles had the lowest fleet lifecycle cost in the most scenarios for each segment.
"The Forte and Soul returned for third-time wins this year and had the best results in more cost categories than any other competitor in their segments, said David Wurster, president, Vincentric. “These strong performances helped Kia demonstrate the value its vehicles bring to the fleet market."