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EVP – Vinyl Composite Core Advantages: Generally, high-end engineered vinyl products are less expensive than low-end wood floor products. Vinyl Composite is lightweight compared to wood, making it easier to transport with no need for big trucks or trailers. unless it’s over 1200 sq/ft. Unmatched wood grain detail, texture, and appearance.This article explains what Luxury vinyl is, the pros and cons for luxury vinyl, the different types/forms of the product as well as the acronyms/abbreviations used in the industry (e.g. LVP, LVT, EVP, EVT). As you’ll see, vinyl has come a long way since its original introduction in the 1930’s.