J.D Power Awards Jeep Wagoneer The Best in Residual Value

December 11th, 2023 by

Red Jeep Grand Wagoneer SUV Water Blue Sky

The Jeep Wagoneer is a stylish and powerful SUV believed to hold its value among other more prominent SUV contenders for the second year. The Jeep Wrangler is also anticipated to retain its value better than its competitors. The honorable mentions from J.D. Power set the industry standard for predicting which car models will maintain the highest percentage of their suggested retail price after three years of ownership.


“This repeat distinction demonstrates Wagoneer is more than a trailblazer for cutting-edge innovation and style. Wagoneer consistently delivers that most fundamental requirement of a sales transaction – lasting value for the customer. And that’s something we will never lose sight of.”

-U.S. Head of Sales Jeff Kommor


For the 2024 model year, the Jeep Wagoneer will come equipped with the acclaimed Hurricane I-6 engine, with the 420-horsepower engine offered as standard across all model lines. With a peak torque of 468 lb.-ft, the Wagoneer boasts a best-in-class tow rating of 10,000 pounds. Not only is the luxury Jeep powerful, but it also provides comfortable accommodations, with best-in-class overall passenger volume (179.2 cu. ft./5.1 cu. m.), second-row legroom (42.7 cu. ft./1.08 cu. m.), and third-row legroom (36.6 cu. ft./0.93 cu. m.).

J.D. Power has recognized that value retention is a crucial factor in determining the lease cost of a vehicle, and it reflects an automaker’s success in areas such as long-term quality, design, and overall desirability of its brands and models. 

The 2024 Jeep Wrangler has been named the top performer among off-road utility vehicles in the annual residual value awards. The 2024 model of the Wrangler features larger tires, improved traction, and more ground clearance. The new Wrangler also has luxurious amenities, including a Sky One-Touch power top, 12-way power-adjustable front seats, and a 12.3-inch touchscreen radio with Uconnect 5, which boasts wireless Apple Carplay/Android Auto compatibility and is the best-in-class. The first- and second-row side-curtain airbags are now standard equipment, adding to the safety features of this popular off-road vehicle.


“This year, we celebrated the delivery of our five-millionth Jeep Wrangler.” Kommor reflects on the 2023 Jeep Wrangler 4xe Rubicon 20th Anniversary Edition delivered to an enthusiast in Camden, New Jersey.


It’s impressive that the Jeep Wrangler has maintained its popularity and sales success, even as a plug-in hybrid vehicle. It’s a testament to the brand’s commitment to innovation and sustainability and the enduring appeal of the Wrangler’s rugged and iconic design.


“You don’t resonate that well in the marketplace without understanding the value equation.” -Kommor


Come Test Drive your 2023 Jeep Wagoneer

There’s a 2023 Jeep Wagoneer custom-made for your adventure here at Miami Lakes Automall. Here at Miami Lakes Automall, we have all buying, trading, and leasing options to meet your purchasing needs. Our new vehicle inventory or certified pre-owned vehicles speaks to the volume Miami Lakes Automall holds to fit your desires. However, if you already have a beautiful baby needing some fine-tuning, you’ve come to the right place, and our service department is unmatched. Our service experts at Miami Lakes Automall are warmer than a fresh cup of coffee. Miami Lakes Automall has been here since 1982. So please stop by today to drive the car of your dreams. 

Photo Source/Copyright: Jeep

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