2023 Jeep Wrangler 4xe: Best Resale Value Among PHEVs, Says CBB
- The Jeep Wrangler 4xe is the PHEV with the best residual value, according to Canadian Black Book.
- This is the first year that CBB has measured the residual value of plug-in hybrids.
- The Wrangler model overall is among the best for holding its value in the industry.
Vehicle prices are often a key point of comparison between models from different manufacturers. While it’s certainly correct and relevant to do so, just as important is measuring the residual values of models being compared.
The residual value of a vehicle directly affects the monthly lease payments; for those who purchase, the impact is also very important when it’s time to resell the vehicle.
The Canadian Black Book (CBB) has been measuring what it considers to be the retained value, as a percentage, of the suggested retail price (MSRP) of a new vehicle after four years of ownership for the past 14 years. Since last year, the organization has been calculating residual value, which is more related to the price the vehicle will retain over time.
Read more