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Tuesday, August 16, 2011

Sprinter offers the lowest total cost of ownership in Canada



Mercedes-Benz Canada shared the results of a comprehensive study conducted by Vincentric, which revealed that the Mercedes-Benz Sprinter offers the lowest total cost of ownership in its class in Canada.

The extensive research and calculations were based on an average driving distance of 25,000 kilometers per year for 5 years, and measured eight major costs associated with owning a vehicle including: depreciation, fees & taxes, financing, fuel, insurance, maintenance, opportunity cost, and repairs.

The study concluded that the Mercedes-Benz Sprinter offers a total cost of ownership that is 7.7% to 9.1% lower than its competitors.  This translates into savings of approximately $6,000 - $7,000 over a five-year period. Key factors that contributed to these significant savings were the Sprinter's low fuel costs, which save buyers approximately $2,500 per year, as well as the vehicle's longer maintenance intervals, which will reduce service expenses compared to the competition.

"Our analysis of the Canadian large heavy duty van market demonstrated the benefits of measuring overall vehicle value based on Total Cost of Ownership instead of purchase price," commented David Wurster, President of Vincentric. "Buyers often think they are saving money because they pay less at the dealership, but as we saw with the Mercedes-Benz Sprinter, a higher priced vehicle can provide significant savings when buyers look at the total cost of owning a vehicle."



Other news

 
30/12/2011 -  Ford Designs Vehicles for the Visually Impaired
29/12/2011 -  Car Charging Group to Install Charging Stations Nationwide
28/12/2011 -  Audi Canada Appoints New President
23/12/2011 -  NAFA Quebec Plans First 2012 Chapter Meeting
22/12/2011 -  Manheim Canada Names New General Manager
 

[All the news]





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