Wagoneer, Jeep Wrangler, and Ram ProMaster Lead in 2024 Residual Value According to J.D. Power
November 29 2023,
The automotive industry witnessed an achievement as the Wagoneer, Jeep Wrangler, and Ram ProMaster, all from Stellantis, were recognized for their outstanding residual value in the J.D. Power 2024 U.S. ALG Residual Value Awards. This recognition reflects the vehicles' ability to retain a high percentage of their original price after three years of ownership.
Wagoneer's Dominance in Large SUV Segment
For the second consecutive year, the Wagoneer has been projected to hold its value best among large SUVs. This distinction is attributed to its combination of robust performance and practical features. The 2024 model comes equipped with a standard 420-horsepower Hurricane Twin Turbo I-6 engine, offering exceptional power. Its 468 lb.-ft. of torque contributes to a remarkable 10,000-pound towing capacity. In terms of interior space, the Wagoneer leads its class with an overall passenger volume of 179.2 cubic feet, and ample legroom in both the second (42.7 cubic feet) and third (36.6 cubic feet) rows.
Jeep Wrangler: A Top Performer in Off-Road Utility
The Jeep Wrangler, refreshed for 2024, continues to excel in off-road capability while introducing new amenities and safety features. It stands out with larger tires, enhanced ground clearance, and improved traction. Inside, the Wrangler boasts a 12.3-inch touchscreen with Uconnect 5, 12-way power-adjustable front seats, and the convenience of wireless Apple CarPlay/Android Auto. Safety is also a priority, with standard first- and second-row side-curtain airbags. Notably, the Wrangler 4xe model, America's best-selling plug-in hybrid since the second quarter of 2021, is included in this award.
Ram ProMaster: Leading in Commercial Van Category
The Ram ProMaster earned the top spot for residual value among commercial vans, making it a valuable asset for businesses. The 2024 model introduces features aimed at convenience and safety, such as a heated steering wheel, heated windshield, and ParkSense with Stop, which provides autonomous brake pulses to prevent collisions during reverse maneuvers. The ProMaster also boasts best-in-class cargo volume and payload, reinforcing its utility and efficiency in the commercial sector.
The 2024 models of the Wagoneer, Jeep Wrangler, and Ram ProMaster have set high standards in their respective categories. Their recognition in the J.D. Power 2024 U.S. ALG Residual Value Awards highlights their lasting value, performance, and utility, making them reliable choices for consumers and businesses alike.
