Kelley Blue Book’s internet listings website, kbb.com, named the 2014 Jeep Wrangler and 2014 Dodge Challenger winners of its 2014 Best Resale Value Awards.
For the fourth consecutive year, Jeep Wrangler has been named Best Resale Value in its class and ranked on the Top 10 list for the third year in a row.
With record setting sales numbers this year, Dodge Challenger also earned a spot on this year’s Top 10 list of vehicles with the best resale value.
“Jeep continues to dominate in its segment on the top 10 list, increasing its residual value 3.9 percentage points from just last year,” said Eric Ibara, director of residual consulting for Kelley Blue Book.
“New to this year’s list is the Dodge Challenger, which heavily contributes to Dodge’s success for the 2014 model year, along with other strong vehicles from the brand.”
Ibara also said that in addition to Chrysler’s success, both Ford and GM had a number of vehicles that made KBB’s list.
“I believe that seeing so many Big Three vehicles on our list is a continuation of a turnaround that we’ve been seeing for the past couple of years,” Ibara said. “What we’ve observed is that the vehicles that have been redesigned have improved resale value and the Detroit manufacturers have put a lot of time and money during the past few years redesigning their lineups.”
Kelley Blue Book’s KBB.com Best Resale Value Awards are based on projections from the Kelley Blue Book Official Residual Value Guide and determined by a skilled staff of automotive analysts, Ibara said. These honored vehicles are expected to maintain the greatest proportion of their original list price after five years of ownership.
“Chrysler Group is honored that Kelley Blue Book has named the 2014 Jeep Wrangler and 2014 Dodge Challenger winners of its Best Resale Value Awards,” said Reid Bigland, head of Chrysler’s U.S. Sales. “These prestigious awards serve as great recognition of our commitment to producing quality, reliable, and desirable products, all while maintaining great resale value.”
GM also did well. The 2014 Impala was listed as one of the top three vehicles to keep residual value in the full-sized category. Other GM vehicles that placed high on KBB’s list included the 2014 Corvette Stingray, the 2014 Camaro and the 2014 Silverado.
Ford vehicles making the Kelley list include the 2014 Fusion and the 2014 Fusion Energi, as well as the 2014 Ford Transit Connect van.