2020 Dodge Charger and Jeep Wrangler Win ALG Residual Awards
Near the end of the year, many award shows and “Best of” lists start to pop up and take place in the automotive world. One name we’re very familiar with is ALG, an industry authority on automotive residual value in North America. We know the name and the company well enough because every year for the last six years (2019 included), ALG always names a vehicle from Fiat Chrysler Automobiles. Going on its sixth consecutive year, the Dodge Charger was named during the ALG 2020 Residual Value Awards, and the Jeep Wrangler also won the award for the third consecutive year.
ALG Residual Awards
In conjunction with TrueCar, a digital automotive marketplace that provides comprehensive pricing transparency, ALG analyzes nearly 2,500 vehicle trims each year to assess residual value. When it comes to the ALG Residual Value Awards (RVA), data on vehicles in 27 segments is collected and analyzed with a projection of how well their original Manufacturer’s Suggested Retail Price (MSRP) will hold up after three years. With strong value in their competitive segments, and chosen from the 2020 model-year lineup to insure consumers will see the same value in the latest models, Eric Lyman, Chief Industry Analyst at ALG, a subsidiary of TrueCar, had a lot to say about the 2020 Dodge Charger and 2020 Jeep Wrangler.
“The Dodge Charger is somewhat of a rarity in the full-size segment with its sporty exterior, roomy interior and powerful engine at an affordable price point [and maintains its] value for consumers… Winning the ALG Residual Value Award consecutively in the Off-road Utility segment, [the Wrangler demonstrates] to consumers that it’s much more than just a fun car, it’s also best-in-class in its segment at holding its value.” – Lyman
2020 Dodge Charger
Having expanded the 2020 lineup with the addition of the SRT Hellcat Widebody and Charger Scat Pack Widebody, 2020 Dodge Charger is making a name for itself during the 2020 model year. The 2020 Dodge Charger SRT Hellcat is powered by the same 707-horsepower supercharged 6.2-liter HEMI® Hellcat V8 engine of the Dodge Challenger SRT Hellcat and now comes with the option of adding the same widebody exterior to match the look of the short-lived 2018 Dodge Challenger SRT Demon. The Widebody package option was also extended to the 2020 Dodge Charger Scat Pack, much like the 2019 Dodge Challenger lineup shared the option with the Dodge Challenger R/T Scat Pack trim. Either of these trims can add on 20-inch “Devil’s Rim” aluminum wheels, extended fender flares that are added to the body, a blacked-out rear lip spoiler, and a scalloped hood for a look that truly gets the adrenaline going.
2020 Jeep Wrangler
Of course, we know the Jeep Wrangler offers unmatched off-road capability, and with the new powertrains – a 3.6-liter Pentastar V6 with mild-hybrid e-Torque technology and the 2.0-liter turbocharged inline four-cylinder engine with mild-hybrid e-Torque technology, adventurers get more torque control than ever with just a push of the pedal. Winning a residual value award, consumers can be sure that the body-on-frame design, front and rear five-link suspension system, solid axles, and electronic lockers will keep their quality for years to come.