Jeep® Named Top Domestic Brand in Kelly Blue Book’s
kbb.com 2010 Residual Value Study!
- Jeep® brand boosts highest resale value among all domestic brands!
- Jeep® brand resale value improves for 2010 as industry average declines!
- Jeep® vehicles projected to retain nearly 35 percent of original retail price after five years of ownership – more than three percent above industry average!
- Jeep® one of only two brands in the top 10 with improved resale value for 2010!
Pittsburgh Pa., Dec 6, 2009 –
The iconic Jeep brand ranks as the top domestic brand in Kelly Blue Book’s kbb.com® 2010 Residual Value Study. This resale value study helps influence how banks calculate their lease programs. Higher resale values mean that your car’s value will be greater than a competitor’s vehicle that has the same sticker price. That’s like getting FREE money! Compare the amenities of and capabilities of the Jeep vehicles. I believe that you will find great levels of capability, plus competitive pricing!
James Bell, Executive Market Analyst – Kelly Blue Book, says “The word Jeep has long stood for strength, portraying the vision of what Jeep is, and what it can do. Wrangler has, and continues to be the backbone of this marquee, drawing a strong following, helping to maintain its value.”
Jeep vehicles have a resale value that is 3% above industry average! Eight of the brands in the Kelly Blue Book top ten declined in value. The average decline was 1.6%! The Jeep Brand’s resale went up 2.8% for 2010!
Mike Manley – President & CEO, Jeep Brand, Chrysler Group LLC said “We are pleased that the Jeep brand has been recognized by Kelly Blue Book for earning the highest resale value among domestic brands, and that Jeep has improved significantly in a difficult year that has seen the industry decline. The Jeep brand’s high resale value is a testament to a legendary, iconic brand that provides customers an array of SUVs that deliver a unique blend of freedom and adventure, capability, best-in-class claims and value.”
See Pittsburgh’s largest selection of Jeep models at Mick’s North Hills Chrysler Jeep Dodge in Pittsburgh Pa.
See Mick’s North Hills Chrysler Jeep Dodge year End New Car Ad
See Mick’s North Hills Chrysler Jeep Dodge Year End Used Car Ad