If you're in the market for a new or used car, a great source for objective, third-party insight is that of Kelley Blue Book, or its online version, KBB.com.
And recently, Kelley Blue Book experts pleased those of us here at Lithia Chrysler Jeep of Reno when they voted one of our favorite autos to a very coveted list.
Specifically, the ever-popular, rugged Jeep Wrangler was ranked number three, overall, on Kelley Blue Book's Top 10 Models with the Best Residual Value, in the entire industry.
For those who are slightly unfamiliar with the concept, residual or 'resale' value is the worth of an auto after a certain number of years of ownership. Other factors, besides original selling price are considered including: technology, efficiency, yearly cost of ownership and more.
The 2014 Jeep Wrangler was determined by KBB.com editors to retain a great amount of its value: 70.3 percent, to be precise. This number reflects the value after 36 months, or three years. When you look at a five-year period, or 60 months, that number only goes down to 59.1 percent which is incredibly impressive for a five-year old vehicle.
If you'd like to learn more about the 2014 Jeep Wrangler: one of Kelley Blue Book's 10 Best Residual Value models, then we at Lithia Chrysler Jeep of Reno would like to invite you to stop by our conveniently located dealership and auto service and repair center at 3223 Mill Street in Reno, NV for a test drive, any time you would like.