Everyone knows that new cars do not retain their value. As soon as they leave the lot, they depreciate significantly. While most cars lose most of their value over the next few years of use, some cars can retain most of their value over time. The 2018 Dodge Charger was recently awarded the Edmunds Best Retained Value Award, which is a big accomplishment for a new car. Here is a look at four reasons the 2018 Dodge Charger should hold its value.
Brand and Model Identity
One of the biggest value-added features that the 2018 Dodge Charger has going for it is its brand and model identity. The Charger has a long history of being one of the most recognizable muscle cars on the road. It is the only muscle sedan and is one of the fastest muscle cars in the world with the right configuration. Unless something drastic happens to change the public’s perception of Dodge or the Charger brand, the Charger’s reputation should help it keep a higher asking price.
Quality Construction
To reach the levels of performance that the Charger can, the construction quality is higher than that quality of most other vehicles. Dodge has had many years to refine the Charger’s design and construction methods. The result is a car that can to hold up under stresses that most other cars would buckle under. This added durability should keep the core components of the Charger in better condition, which means less required maintenance or issues over time.
Affordable Pricing
Many luxury cars have a price range that most people cannot afford. This means that depreciation removes more of the value of the vehicle in a shorter amount of time. The Charger has an affordable range, which means that it suffers less from depreciation. Its starting value and depreciated value are closer to each other making it possible to recover more of your costs when you sell your Charger in later years.
Effective Maintenance
Along with a more affordable price comes cost-friendly maintenance. Many people sell off their old luxury and sports cars because the continued maintenance costs on them are so high. The Charger has more affordable components, which helps to keep the maintenance cost manageable. Because of this, drivers are more likely maintain and take better care of their cars.
Regardless of which car you choose, one of the best ways to retain its value is to manage the maintenance. Every car has required and recommended maintenance schedules. Following it will ensure that your car stays in good condition for a longer time. Regular maintenance stops parts on your car from prematurely wearing out, which lowers your overall maintenance costs.
If you the want Dodge Charger, then you should visit Dodge Chrysler Jeep of Vacaville. The experts there can show you all of the benefits of the latest model Dodge Charger. It has seen significant improvements over the past few years, and the latest features could blow you away.
Image via Flickr by Automotive Rhythms licensed via CC BY 2.0
Connect with us
