Back-to-back Recognition: Dodge Charger earns 2016 ALG Residual Value Award

For the second time in two years, Dodge Charger has earned the Residual Value Award in the “Full-size Car” category from ALG, the industry benchmark for residual values and depreciation data.For Dodge, it’s not enough to design and engineer the 2016 Charger as the quickest, fastest and most powerful sedan in the world; nor is it enough to give it the segment’s most innovative all-wheel-drive system for those that need maximum all-weather traction and fuel efficiency. Instead, Dodge continues to build on the brand’s promise and deliver a lineup of Charger models with world-class power, efficiency, technology, authentic materials and standout styling – all to make America’s only four-door muscle car one of the hottest and most desirable sedans available today.”Striking a delicate balance between traditional sedan and muscle car, the Dodge Charger represents shifting trends in the full-size segment,” says Eric Lyman, Vice President of Industry Insights for ALG. “A wide range of powertrain and comfort features ensures there is a perfect Charger for every personality, from cruising in style to tearing up the pavement.”

ALG recognizes 26 vehicles with segment awards, along with two brands representing the mainstream and premium sectors of the industry. This year’s awards are based on 2016 model-year vehicles. Award winners are determined through careful study of the competition in each segment, historical vehicle performance and industry trends. Vehicle quality, production levels relative to demand and pricing and marketing strategies represent key factors that impact ALG’s residual value forecasts.

“The back-to-back ALG Residual Value Award is a testament to the entire Dodge team’s commitment to designing and engineering America’s most exciting performance sedan,” said Tim Kuniskis, Head of Passenger Car Brands – Dodge, SRT, Chrysler and FIAT, FCA – North America. “This accolade also reinforces our position that customers want unique vehicles like the Dodge Charger, performance vehicles that break pattern from other sedans on the road.”

The 2016 Charger lineup is now available at Dodge dealerships nationwide. As the most well-appointed entry Charger model ever, the 2016 Dodge Charger SE has a U.S. Manufacturer’s Suggested Retail Price of $27,995. For customers who demand maximum all-weather traction, the Charger SE AWD model features the segment’s most innovative all-wheel-drive system and has a starting MSRP of $30,245 (both prices exclude $995 destination).