Toyota Canada Inc. (TCI) Wins More 2021 Vincentric BestValue in Canada Awards™ Than Any Other Automaker for an Eighth Consecutive Year

TORONTO, Ontario – June 9, 2022 – Toyota Canada Inc. (TCI) was honoured today with ten 2022 Vincentric Best Value in Canada Awards™, as well as nine 2022 Vincentric Lowest Cost to Own in Canada Awards™, making it the eight consecutive year – and eleventh year overall – that Toyota and Lexus vehicles have received the most Vincentric Best Value in Canada awards.

Vehicles recognized with Vincentric Best Value in Canada Awards™ are compared against competitors in the same segments and are awarded for having lower than expected ownership costs. Value is determined using a statistical analysis that incorporates the current market price and total cost of ownership of all 2022 model year vehicles.

For the fifth time, Toyota was honoured with the “Best Value in Canada: SUV & Van” category award, as well as four “Best Value in Canada” model level awards in the “Compact”, “Mid-Size SUV”, “Minivan” and “Full-Size ½-Ton Pickup” segments.

Confirming the strength of TCI’s efforts on the electrified vehicle front, all Best Value in Canada recipients, as well as many Lowest Cost to Own in Canada recipients, are either dedicated hybrid models or available with a hybrid powertrain.

“We’re proud that our Toyota and Lexus vehicles have received the most Vincentric Best Value in Canada Awards™ for eight consecutive years,” said Cyril Dimitris, Vice President, Sales and Marketing at Toyota Canada Inc. “These awards illustrate our commitment to offering Canadian consumers an excellent value vehicle in every segment, year after year.”

A complete list of Toyota “Best Value in Canada” model level awards is shown below.

For Toyota:

• 2022 Toyota Corolla Hybrid – Best Value in Canada: Compact segment
• 2022 Toyota Highlander Hybrid – Best Value in Canada: Mid-Size SUV segment
• 2022 Toyota Sienna – Best Value in Canada: Minivan segment
• 2022 Toyota Tundra – Best Value in Canada: Full-Size 1/2-Ton Pickup segment

As part of the awards process, Vincentric also identified the following seven Toyota models as having the lowest total cost of ownership in their respective class:

• 2022 Toyota Corolla Hybrid – Lowest Cost to Own in Canada: Compact segment
• 2022 Toyota Corolla – Lowest Cost to Own in Canada: Compact Hatchback segment
• 2022 Toyota Prius – Lowest Cost to Own in Canada: Mid-Size segment
• 2022 Toyota GR Supra – Lowest Cost to Own in Canada: Luxury Sports Car segment
• 2022 Toyota Highlander Hybrid – Lowest Cost to Own in Canada: Mid-Size SUV segment
• 2022 Toyota Sienna – Lowest Cost to Own in Canada: Minivan segment
• 2022 Toyota Tundra – Lowest Cost to Own in Canada: Full-Size 1/2-Ton Pickup segment