The FCA cars with residual value awards

Two vehicles from FCA US have earned ALG’s Residual Value Awards, according to a recent press release. The awards reflect vehicles that have the highest residual values in their class.

High residual values allow automakers to earn more from leases (or set their lease rates lower), while customers who buy the cars can get more money for them on trade-in, adding greatly to their value.

Traditionally, Japanese cars have had much higher residuals than American cars, but there are some exceptions.  One has, for a long time, been the Jeep Wrangler, which holds its value remarkably well; ALG predicted that the 2018 Jeep Wrangler would continue that tradition, giving it the Residual Value Award for off-road utility vehicles.

The Dodge Charger’s relatively low price, for a full-size sedan, likely helped it to win the Full-Size Car segment. The Charger Hellcat holds the top speed of any sedan sold in the US, at over 200 mph; various Chargers have all wheel drive, and a choice of one V6 or three V8 engines.

Read more at: https://www.allpar.com/news/2017/12/the-fca-cars-with-residual-value-awards-39212

Advertisements

No comments yet

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: