Fiat Chrysler Automobiles are, too often, on the wrong side of the news, but that changed this week. FCA announced earlier this week that two of its most popular vehicles landed awards based on resale value forecasts. This year’s ALG Residual Value award goes to the Dodge Charger and Jeep Wrangler. It is the fifth consecutive resale value win for the Charger and the Wrangler’s second straight win. The Dodge claims the honor as a continuation of its winning full-size segment winning streak. The Jeep is the award winner in the category of “off-road utility.”
As tastes and manufacturing plans change, the Charger is an anomaly. It is, actually, the last remaining 4-door muscle car sold. Its power, prices, and spacious interior were factors that helped the Charger capture the prize.
ALG’s VP Eric Lyman had this to say when conferring the resale award to the Charger:
“As a niche player in the segment, the Dodge Charger offers the best of both worlds with the comfort of a full-size sedan and the power of a muscle car. High performance offered at an affordable price-point leads Charger to sweep the full-size segment and take home its fifth consecutive Residual Value Award.”
The Wrangler is an iconic ride, and one of the more unique vehicles ever built. It impressed the ALG panel with its tech. Mr. Lyman had this to say about the Wrangler’s appeal to the decision-makers.
“Jeep has a long and successful history in off-road utilities, and the Wrangler combines function and comfort, adding new technology and powertrain offerings. This strong value proposition makes it no surprise to see the Wrangler win the Residual Value Award. And, for the second year in a row.”
The 2018 Charger was awarded earlier in this model year by Edmunds for high resale value. The Cadillac Escalade is the other American vehicle to be so noticed by Edmunds.
Twenty-six different vehicles receive ALG segment awards. Maintaining high residual values is not easy, and recognition multiple consecutive years is a bragging right, indeed. Gildshire’s Car and Motorcycle magazine congratulates all the winners.