For the second year in a row, the Dodge Charger has won the Residual Value Award from ALG in the “Full-Size Car” segment. The award is intended to predict which cars will best hold their value after leaving dealer lots and is based on a variety of factors including vehicle quality, production levels relative to demand and pricing and marketing strategies.
“Striking a delicate balance between traditional sedan and muscle car, the Dodge Charger represents shifting trends in the full-size segment,” Eric Lyman, Vice President of Industry Insights for ALG said in a statement. “A wide range of powertrain and comfort features ensures there is a perfect Charger for every personality, from cruising in style to tearing up the pavement.”
“The back-to-back ALG Residual Value Award is a testament to the entire Dodge team’s commitment to designing and engineering America’s most exciting performance sedan,” said Fiat Chrysler passenger car brand boss Tim Kuniskis said. “This accolade also reinforces our position that customers want unique vehicles like the Dodge Charger, performance vehicles that break pattern from other sedans on the road.”
Each year ALG selects 26 cars in 26 different segments for its Residual Value Awards. Additionally, the automotive data company also recognizes two automakers whose lineups could have the strongest combined residual value – this year’s winners of which were Subaru and Land Rover.