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Over the years, the iconic Jeep Wrangler has developed quite the fan base, both around the Midland, TX area and beyond. The auto pros at Kelley Blue Book are no exception and praise the rugged off-roader whenever they get the chance, like their annual 10 Best SUVs Under $25,000 list or more recently, Best Resale Value Awards!
Kelley Blue Book has compiled a list of ten vehicles that retain at least half of its original value, even five years after they were driven off dealership lots. On that list was the Jeep Wrangler, which was honored as a perennial resale value standout.
According to research, a 2014 Jeep Wrangler will retain 70.3 percent of its original value after 36 months of ownership. After 60 months, or five years, the Wrangler will still be valuable and worth about 59.1 percent of its initial cost.
What does this mean for Jeep Wrangler owners?
Residual value is particularly useful for someone who anticipates trading in or selling their vehicle down the line. Vehicles with higher resale value, like the Jeep Wrangler, will equate to more money for owners when the time comes to switch up your ride.
Not to mention, the Wrangler has plenty of other nifty features like a powerful 285 hp-wielding 3.6-liter Pentastar V6 engine, unmatched capabilities on off-roads, and numerous standard technologies including Hill-Start Assist and more.
So what are you waiting for? Start off your long and healthy relationship with the Wrangler today! Stop by All American Chrysler Jeep Dodge of Midland for a test drive of the award-winning SUV or another new Jeep model that has caught your eye.