Stellantis Vehicles Charge Forward with J.D. Power Awards
Photo Source: Jeep
The U.S. ALG Residual Value Awards are the automotive industry standard in recognizing vehicle trims projected to hold the highest percentage of their manufacturer’s suggested retail price following three years of ownership, according to J.D. Power. This value retention is an essential variable in the lease cost of a vehicle, emphasizing an automaker’s success in the areas of design and long-term quality, as well as the overall desirability of automotive brands and their models.
Setting the Stage with the Jeep Wagoneer
As mentioned, in the ever-evolving landscape of the automotive industry, the ability of a vehicle to retain its value over time speaks volumes about its innovation, enduring quality, and desirability among customers. The highly-respected J.D. Power 2024 U.S. ALG Residual Value Awards have once again showcased the superior performance of Stellantis automobiles, with the Jeep Wagoneer, Wrangler, and Ram ProMaster emerging as victors in their respective segments.
Earning the spotlight for the second consecutive year, the Jeep Wagoneer has solidified its position as a trailblazer not just for its style and cutting-edge innovation but notably for its outstanding ability to maintain value over time. With its 420-horsepower Hurricane Twin Turbo I-6 engine now standard across all trims, the Wagoneer combines formidable power with remarkable towing capability, courtesy of its 468 pound-feet of peak torque. Indeed, the SUV boasts a best-in-class 10,000-pound tow rating. Its spacious interior is marked by best-in-class overall passenger volume and generous legroom in the second and third rows, underscoring comfort without compromise.
Jeff Kommor, U.S. Head of Sales, expressed the significance of receiving such a prestigious accolade, stating, “This repeat distinction demonstrates Wagoneer is more than a trailblazer for cutting-edge innovation and style.” He added, “Wagoneer consistently delivers that most fundamental requirement of a sales transaction – lasting value for the customer. And that’s something we will never lose sight of.”
The Potent Influence of the Jeep Wrangler
The legendary Jeep Wrangler reigns supreme as the epitome of off-road prowess. Recognized as this year’s (2023) top performer among off-road utility vehicles in J.D. Power’s residual value awards, the Wrangler displays improvements galore for the 2024 model year. Enhanced with increased ground clearance, larger tires, and improved traction ensures an unsurpassed off-road experience. Amenities like advanced technology with a 12.3-inch touchscreen radio, the Sky One-Touch power top, and standard driver assistance features such as first- and second-row side-curtain airbags further cement its long-lasting appeal and desirability.
It is worth noting that the Wrangler SUV’s residual value award incorporates 4xe trims. In fact, Kommor commented, “This year, we celebrated the delivery of our five-millionth Jeep Wrangler,” referring to a 2023 Jeep Wrangler 4xe Rubicon 20th Anniversary Edition delivered to a buyer in Camden, New Jersey.
Ram ProMaster: The Perennial Workhorse
Completing the successful trio, the Ram ProMaster stands tall as the embodiment of functionality and reliability among commercial vans. Acquiring the top spot for residual value among its rivals, the ProMaster raises the bar with new convenience and safety features for 2024. Including amenities like a heated windshield and a heated steering wheel, along with the ParkSense with Stop system, underlines its commitment to security and driver assistance. Boasting best-in-class cargo volume and payload, the ProMaster remains a stalwart companion for professionals and businesses seeking a dependable workhorse.
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