The premium, powerful Wagoneer is predicted to hold its value best among large SUVs, according to the J.D. Power 2023 U.S. ALG Residual Value Awards.
The U.S. ALG Residual Value Awards are the automotive industry standard in recognizing vehicle models projected to hold the highest percentage of their manufacturer's suggested retail price following a three-year period of ownership, according to J.D. Power. This value retention is a key variable in the lease cost of a vehicle, underscoring an automaker's success in the areas of long-term quality and design, as well as the overall desirability of automotive brands and their models.