Willie Racine's Jeep

Kelley Blue Book's kbb.com Ranks 2011 Jeep Wrangler Second in Resale Value

by Mike Driehorst

November 17, 2010 7:10 AM

That Jeep Wrangler  you purchase is projected to maintain 45.2 percent of its original purchase price in five years, according to Kelley Blue Book's kbb.com.

In its Best Resale Value Awards for the 2011 model-year, the 2011 Jeep Wrangler ranked among the top 10 models for best resale value ? coming in at #2 (to Honda's CR-V).

"The Jeep Wrangler appears on our list year after year as a result of strong auction values that these vehicles bring when sold. It's a solid performer that benefits from good demand," said Eric Ibara, director of residual consulting, Kelley Blue Book.

The estimated resale value for the 2011 Jeep Wrangler, which is in the Compact Utility Vehicle category, is an improvement over last year, when Kelley Blue Book estimated that the 2010 Jeep Wrangler would maintain 41.8 percent of its purchase price after five years.

According to the editors of Kelley Blue Book's kbb.com, "One of the most iconic, uniquely American shapes in the automotive world belongs to the Jeep Wrangler. Whether driving top-down through suburbia or putting its legendary off-road abilities to use on the Rubicon trail, the Jeep Wrangler is the quintessential vehicle for freedom-loving explorers."

The Kelley Blue Book Best Resale Value Awards recognize current and forthcoming vehicles for their projected retained value five years from now. Since depreciation (or loss of value) is typically a car-buyer's primary expense during ownership, these awards, like all of kbb.com's new- and used-vehicle information, are designed to help consumers make more informed car-buying decisions.
 

For more details on the Kelley Blue Book 2011 Best Resale Value Awards, visit its Website.

The company's resale value projections are based on current vehicle data, sales data, market conditions for each vehicle, competition within vehicle segments, expectations of the future economy and the combined experience of Kelley Blue Book's residual analysts. Residual values reflect projected future auction values for vehicles in average condition with 75,000 miles at the end of a five-year lease or ownership period. Kelley Blue Book's Residual Value Guide has been published since 1982, and the company established its annual Best Resale Value Awards in 2003.