Ford clinches sport vehicle award

The 2012 Ford Expedition has been named winner of the inaugural 2012 Kelley Blue Book Total Cost of Ownership Award’ in the full-size sport utility vehicle category announced at the Chicago Auto Show in the United States earlier this month. The all-new 2012 awards honour current model-year vehicles and brands with the lowest projected ownership costs, based on Kelley Blue Book Total Cost of Ownership data for the initial five-year ownership period.  The criteria for valuation included Fair Purchase Price (FPP), projected depreciation, financing costs, insurance costs and other fees.