Saturday, April 14, 2018

Looking for a Hot Car that will Hold its Value? Edmunds Gives Dodge Charger the Nod

Fiat Chrysler Automobiles earned kudos recently for building a product that holds its value, when Edmunds designated the winner of the Edmunds Best Retained Value Award in the large car category: the 2018 Dodge Charger. Edmunds selects winners of the Best Retained Value award in each vehicle segment based on the five-year projected residual value.

“Buying a new car is a huge financial decision, and our 2018 Edmunds Best Retained Value Awards are designed to help shoppers discover the vehicles that can help them get the most out of their investment,” said Avi Steinlauf, Edmunds’ CEO. “This year’s winners underscore a commitment to quality and reliability, and are good bets to hold their value over the course of ownership.”

To be considered for a model-level award, a vehicle must be a 2018 model year, have launched before December 31, 2017, and account in January 2018 for at least 25 percent of the average sales for the models that fall in its award segment. To be eligible to win a brand-level award, an automaker must have eligible vehicles competing in at least four of the 17 award segments.

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