The $100,000+ luxury SUV Jeep Wagoneer, is widely considered the brand’s flagship vehicle. The Wrangler may be what’s most commonly referred to as a “Jeep,” but the Wagoneer is the automaker’s showpiece vehicle. The iSeeCars data has it losing about 43% of its value in five years, which applies to both the regular Wagoneer and Grand Wagoneer models.
It gets better than that, though. In November 2022, Jeep parent company Stellantis issued a press release revealing that J.D. Power ALG (the former J.D. Power and Associates), the data analytics firm that has long been a trusted name in the automotive world, had named the Wagoneer the best large SUV in their annual J.D. Power 2023 U.S. ALG Residual Value Awards. The previous year, its first of eligibility, the Grand Wagoneer took first place in J.D. Power’s “full-size luxury utility” category.
“Cutting-edge technology and refinement paired with Jeep heritage and capability places the Wagoneer atop the highly competitive large SUV segment for the 2023 Residual Value Awards,” said Eric Lyman, ALG’s vice president, in the 2022 press release. “Wagoneer is a breakthrough vehicle if ever there was one,” added Jim Morrison, senior vice president and head of Jeep North America. “The market was waiting for a product with its unique blend of prestige, capability, and comfort. Like the original, Wagoneer has filled a significant void, and it’s done so with genuine flair, demonstrating our commitment to redefining American premium and a unique customer experience.”
