Jeep Wagoneer tops JD Power 2023 US ALG Residual Value Awards

The Jeep Wagoneer has the capacity to retain its original value after a three-year period of ownership.

According to Jeep, numerous variables affect the actual residual value of a vehicle over a multi-year lease term. Examples include mileage, quality and reliability, options and feature sets, weather, and macroeconomic environment.

This value retention is a key variable in the lease cost of a vehicle, underscoring an automaker’s success in the areas of long-term quality and design, as well as the overall desirability of automotive brands and their models.

“Wagoneer is a breakthrough vehicle if ever there was one. The market was waiting for a product with its unique blend of prestige, capability, and comfort. Like the original, Wagoneer has filled a significant void, and it’s done so with genuine flair, demonstrating our commitment to redefining American premium and a unique customer experience,” said Jeep North America Head and Senior Vice President (SVP) Jim Morrison.

The Jeep Wagoneer comes with a 420-horsepower (hp) Hurricane Twin Turbo engine. The new powerplant, which comes as standard equipment in the Wagoneer Series II and Wagoneer Series III, generates 634Nm of pulling power.

Other available features that distinguish the Wagoneer from its competitors include a total screen surface of 50 inches, built-in Amazon Fire TV, and a McIntosh audio system.

“Cutting-edge technology and refinement paired with Jeep heritage and capability place the Wagoneer atop the highly competitive large SUV segment for the 2023 Residual Value Awards,” said ALG Vice President (VP) Eric Lyman.

Photos from Jeep

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