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In photos: Cars with the best bang for your buck in Canada

There are many factors to consider when it comes to vehicle ownership - it's not simply about the purchase price and how cool the car looks. Vincentric, a Michigan-based automotive data firm, crunched the cost-of-ownership numbers and, on Tuesday, announced its fifth annual Best Value in Canada awards, naming Toyota, Mazda and Ford as its top mainstream brands with Volvo and BMW as the top luxury brands. Additionally, Toyota won eight of the 33 individual vehicle segments. Two of those category wins were for Lexus, Toyota's luxury brand. Mazda and Volvo captured four categories while BMW and Honda won three, as did Ford - all for its trucks. "The data analyzed to determine our awards showed the broad range of high-value vehicles in the Canadian market," said David Wurster, Vincentric president, in a statement. Vincentric analyzed eight different cost factors: depreciation, fees and taxes, financing, fuel consumption, insurance, maintenance, repairs, and the opportunity cost of not investing your money elsewhere. Each vehicle cost was evaluated in all 10 provinces plus the Northwest Territories. Here is the top vehicle in each of the 33 categories:

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Subcompact: Toyota Yaris

Toyota

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Subcompact hatchback: Honda Fit

Honda

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Compact: Mazda 3

Mazda

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Compact hatchback: Mazda 3

Mazda

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Mid-size: Kia Optima

Jeremy Sinek/The Globe and Mail

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Large sedan: Chevrolet Impala

GM

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Sports car: Mazda MX-5

Brendan McAleer/The Globe and Mail

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Hybrid: Toyota Prius

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Electric/plug-in hybrid: Kia Soul EV

Kia

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Luxury compact: Audi A3

VW

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Luxury coupe: BMW 4-Series

BMW

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Luxury mid-size sedan: Volvo S60

Volvo

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Premium luxury mid-size sedan: Volvo S80

Volvo

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Premium luxury large sedan: Audi A7

Audi

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Luxury sports car: Porsche Cayman

Qilai Shen/Bloomberg

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Luxury hybrid: Lexus ES300h

ALY SONG/REUTERS

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Luxury convertible: BMW Z4

BMW

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Luxury electric/plug-in hybrid: BMW i3

Jeremy Sinek/The Globe and Mail

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Subcompact SUV/Crossover: Mazda CX-3

Petrina Gentile/The Globe and Mail

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Compact SUV/Crossover: Honda CR-V

Honda

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Mid-size SUV/Crossover: Toyota Highlander

Toyota

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Large SUV/Crossover: Toyota Sequoia

Toyota

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Hybrid SUV/Crossover: Toyota RAV4 Hybrid

Toyota

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Minivan: Honda Odyssey

Honda

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Luxury hybrid SUV/crossover: Lexus NX 300h

Lexus

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Luxury electric plug-in hybrid SUV/Crossover: Porsche Cayenne hybrid

Porsche

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Luxury compact SUV/Crossover: Volvo XC60

Volvo

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Luxury mid-size SUV/Crossover: Volvo XC70

Volvo

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Luxury large SUV/crossover: Cadillac Escalade

GENERAL MOTORS

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Small pickup: Toyota Tacoma

Brendan McAleer/The Globe and Mail

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Full-size 1/2 ton pickup: Ford F-150

HANDOUT/REUTERS

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Full-size 3/4 ton pickup: Ford F-250 Super Duty

Ford

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Full-size one-ton pickup: Ford F-350

Ford

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