February 21, 2017
CYPRESS, Calif., – The Mitsubishi i-MiEV was announced as the 2017 winner of the Vincentric Best Value in America™ award for the Electric/Plug-in Hybrid segment. Now in its 13th year, Vincentric performs a cost of ownership analysis at the model level to determine Vincentric Best Value in America awards yearly. In addition to the i-MiEV taking the Best Value in America award in its category, the Mirage and the Mirage G4 were identified as having the Lowest Cost of Ownership in its class of any Subcompact and Subcompact Hatchback in America.
Vincentric measures cost-of-ownership using eight different cost factors: depreciation, fees & taxes, financing, fuel, insurance, maintenance, opportunity cost and repairs. Using a statistical model, Vincentric identified the Best Value in America winners by measuring which vehicles had lower than expected ownership costs given their market segment and price. Over 3,000 vehicle configurations were evaluated in all 50 states plus D.C. using a range of annual mileage intervals and insurance profiles.
About Mitsubishi Motors North America, Inc.
Mitsubishi Motors North America, Inc., (MMNA) is responsible for all research and development, marketing, and sales for Mitsubishi Motors in the United States. MMNA sells sedans and crossovers/SUVs through a network of approximately 360 dealers. MMNA is leading the way in the development of highly efficient, affordably priced new gasoline-powered automobiles while using its industry-leading knowledge in battery electric vehicles to develop future EV and PHEV models. 2017 marks the 100th year of Mitsubishi producing cars. For more information, contact the Mitsubishi Motors News Bureau at (888) 560-6672 or visit media.mitsubishicars.com.
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