Vincentric Awards Kia Rio with Best CPO Value in America Award
In a year where just about everything has been undependable, it’s nice to know that consumers can still get where they need to go. Automobiles have really changed the world, in many ways, and in one way that many may not think about – shopping. When shopping for a car for purchase or lease, consumers are in a whole different scenario. This isn’t just a computer to do business on, or a product that you can return if it turns out you didn’t need it. It’s an important investment, and when investing thousands of dollars into something, people usually want to make sure they’re going to walk away for the better. When it comes to automobiles, a little assurance of its long-standing quality is always nice, and Vincentric did just that with its “Best Certified Pre-Owned Value in America” award, going to the Kia Rio.
“The Kia Rio had a best-in-class performance in the 2021 Vincentric Best CPO Value in America Awards, helped by its low maintenance and repair costs…The Rio proved its strong CPO value by outperforming its competitors in the Subcompact segment, making it a smart choice for consumers.” – David Wurster, President of Vincentric
Yes, the sporty Kia Rio sedan has been honored with the 2021 Vincentric “Best Certified Pre-Owned Value in America” award, winning over the competition of the Subcompact vehicle category. With how many sedans and passenger cars out there, it’s a tough spot to grab, but the Rio seven competitors in the category with an ownership cost 2.8-percent lower than expected for subcompact vehicles. How did Vincentric come to this conclusion? Well, for one, Vincentric is a leading source of cost-of-ownership data and analysis within the automotive industry, having analyzed over 15,000 vehicle configurations, combing through depreciation, fees & taxes, financing, fuel, insurance, maintenance, opportunity cost, and repairs.
Now, when it comes to the “Best Certified Pre-Owned Value in America” award, Vincentric places a strong focus on purchase price, retained value, fixed and operating costs, and maintenance and repair costs. Not just looking at how much the vehicle is worth when initially released and purchased but its value after years of ownership is a large factor for any consumer to consider. Unless getting a lease where the consumer can just exchange their vehicle for a new model, a purchase stays with the consumer for as long as possible. Knowing it can last up to ten years or more is just as important as any other factor that may affect a sale.
Well, it may be of interest that Kia Motors America’s official Certified Pre-Owned (CPO) program only accepts Kia vehicles that are five years or newer with fewer than 60,000 miles recorded. Then, each vehicle is put through a meticulous 164-point Quality Assurance inspection by certified Kia technicians. Consumers can rest easy knowing if they get a CPO Kia Motors vehicle, it still has plenty going for it, and with the 10-year /100,000-mile limited powertrain warranty1 and 12-month /12,000 mile-Platinum Coverage Kia Motors gives all of its CPO vehicles, everything in the lineup from sporty sedans to capable SUVs and crossovers will last consumers a long time.