Cherokee Chat General non-tech Cherokee chat
XJ/MJ/ZJ/WJ

Jeep ranks No. 1 in resale value

Thread Tools
 
Search this Thread
 
Old 12-07-2009 | 06:14 PM
  #1  
sandstone's Avatar
Thread Starter
Member
 
Joined: Aug 2008
Posts: 140
Likes: 0
From: Altoona, PA
Year: 1999
Model: Cherokee
Engine: 4.0
Default Jeep ranks No. 1 in resale value

December 7th, 2009 by Bill Cawthon

http://www.allpar.com/news/index.php...d+Jeep+News%29

When it comes to keeping its value, Jeep is the top brand according to Kelley Blue Book. he iconic Jeep brand ranks as the top domestic brand in

According Kelley Blue Book’s annual kbb.com 2010 Residual Value Study, new 2010 Jeep brand vehicles will bring 35.7 percent of their original value after five years. that’s more than three percent above the industry average.

“This achievement is a testament to the strength and heritage of the Jeep brand,” said James Bell, an executive market analyst for Kelley Blue Book. “The word ‘Jeep’ has long stood for strength, portraying the vision of what a Jeep is, and what it can do. The Wrangler has, and continues to be the backbone of this marque, drawing a strong and loyal following, helping to maintain its value.”

Though eight of the top ten brands in the study declined when compared to their 2009 values and the industry average dropped 1.6 percent. Jeep’s resale value improved 2.8 percent for 2010.

“We are pleased that the Jeep brand has been recognized by Kelley Blue Book for earning the highest resale value among domestic brands, and that Jeep has improved significantly in a difficult year that has seen the industry decline,” said Mike Manley, President and CEO of the Jeep brand. “The Jeep brand’s high resale value is a testament to a legendary, iconic brand that provides consumers an array of SUVs that deliver a unique blend of freedom and adventure, capability, best-in-class claims and value.”
Old 12-07-2009 | 06:28 PM
  #2  
Cherokee's Avatar
Senior Member
 
Joined: Nov 2009
Posts: 577
Likes: 0
From: Mechanicsburg, PA
Year: 1996
Model: Cherokee
Engine: 4.0 L H.O. I6
Default

Imagine what the numbers would be if they still made the solid XJ...
Old 12-07-2009 | 06:40 PM
  #3  
sandstone's Avatar
Thread Starter
Member
 
Joined: Aug 2008
Posts: 140
Likes: 0
From: Altoona, PA
Year: 1999
Model: Cherokee
Engine: 4.0
Default

Originally Posted by Cherokee
Imagine what the numbers would be if they still made the solid XJ...
Too true. Too true!
Old 12-07-2009 | 07:57 PM
  #4  
rweaver138's Avatar
CF Veteran
 
Joined: Oct 2009
Posts: 1,640
Likes: 0
From: Northeast CT
Year: 99
Model: Cherokee
Engine: 4.0
Default

Originally Posted by Cherokee
Imagine what the numbers would be if they still made the solid XJ...
screw the liberty, bring back the cherokee!!!
Old 12-07-2009 | 09:21 PM
  #5  
sandstone's Avatar
Thread Starter
Member
 
Joined: Aug 2008
Posts: 140
Likes: 0
From: Altoona, PA
Year: 1999
Model: Cherokee
Engine: 4.0
Default

Originally Posted by rweaver138
screw the liberty, bring back the cherokee!!!
I like the Liberty, but I like the cherokee better.
Related Topics
Thread
Thread Starter
Forum
Replies
Last Post
LiamLikeNeeson
Jeep Builds
18
01-01-2024 03:25 AM
jswift716
Part Outs
52
01-03-2016 10:31 PM
StPTrucker
Introductions
30
11-22-2015 06:07 PM

Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 



All times are GMT -5. The time now is 08:43 AM.