Chrysler Residual Values Increase Dramatically

Residual values for all three Chrysler brands (Chrysler, Dodge and Jeep) have risen dramatically since May, according to Automotive Lease Guide.

This is good news for car buyers because higher residual values means lower monthly lease payments and higher trade-in values.

The 36 month residual value for Chrysler is now at 32.5%, an increase of 3.7%. Dodge is at 34.8%, an increase of 3.5% while Jeep's value increased a whopping 5% to 37.4%.

The reason residuals have increased so quickly is due to Chrysler's quick exit from bankruptcy and the fact that all excess cars from the 789 terminated dealerships were sold off or transferred to other dealers.

We expect GM residuals will also increase dramatically in the next month or two now that they've also exited bankruptcy quickly.

See the lowest prices on a vehicle in your area (plus see the actual incentives you qualify for)
Enter Your Zip Code:

Recent Tips, News, & Incentives    RSS Feed

I welcome your car buying questions. Email Me and I'll be glad to answer them!