Market Overview

2017 Jeep® Wrangler Unlimited and 2017 Dodge Grand Caravan Receive 5-Year Cost to Own Awards From Kelley Blue Book's KBB.com

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AUBURN HILLS, Mich., Feb. 8, 2017 /PRNewswire/ --

  • For a third consecutive year, Jeep® Wrangler Unlimited earns lowest 5-Year Cost to Own Award in Mid-size SUV/Crossover category
  • 2017 Dodge Grand Caravan earns 5-Year Cost to Own Award in minivan category for the third time in four years
  • Awards honor vehicles with the lowest projected ownership costs for the first five years of ownership

Kelley Blue Book's KBB.com has named the 2017 Jeep® Wrangler Unlimited and the 2017 Dodge Grand Caravan winners of its 5-Year Cost to Own Awards.

For a third consecutive year, the Jeep Wrangler Unlimited has been named the winner of the lowest 5-Year Cost to Own award in the Mid-size SUV/Crossover category, while the Dodge Grand Caravan has earned the 5-Year Cost to Own award in the minivan segment for the third time in four years.

The 2017 5-Year Cost to Own Awards honor the vehicles and brands (luxury and non-luxury) with the lowest projected ownership costs, based on Kelley Blue Book's 5-Year Cost to Own data for new cars for the initial five-year ownership period.

"The Jeep Wrangler Unlimited is in a class by itself in style, capabilities, ruggedness, and it is also a recognized leader in cost-to-own," said Jack Nerad, executive editorial director and executive market analyst for Kelley Blue Book and kbb.com. "With a design that channels the military Jeep vehicles of the 1940s and takes that to a modern level, the Wrangler Unlimited delivers on its promises that include high resale value and low ownership costs.

"When it comes to cost-effective people hauling, you can't beat the Dodge Grand Caravan," said Nerad. "Created by the company that invented the minivan, the Grand Caravan offers comfort, style and innovative features like Stow 'n Go seating in a vehicle that tops the charts in five-year ownership costs."

When considering its 5-Year Cost to Own Awards, Kelley Blue Book's KBB.com takes into consideration depreciation, expected fuel costs, finance and insurance fees, maintenance and repair costs, and state fees for all new models.

2017 Jeep Wrangler
The iconic 2017 Jeep Wrangler – the most capable and recognized vehicle in the world – features a standard eight-speaker audio system and an optional Premium Alpine Audio Package that includes nine Alpine speakers, a subwoofer and a 552-watt amplifier. The 2017 Jeep Wrangler delivers unmatched off-road capability with legendary four-wheel drive and is produced with more than seven decades of 4x4 engineering experience. Wrangler continues to offer a body-on-frame design, front and rear five-link suspension system, live axles, electronic lockers, and is one of the few mid-size SUVs that offers a six-speed manual transmission in addition to its five-speed automatic.

2017 Dodge Grand Caravan
The 2017 Dodge Grand Caravan continues its tradition of offering customers style, versatility and added features at an outstanding value. Since FCA US LLC invented the minivan segment more than 30 years ago, the innovative Grand Caravan has introduced nearly 80 segment firsts, including ParkView rear backup camera, Stow 'n Place roof rack system and selectable fuel economizer mode. One innovation that continues is the Grand Caravan's industry-exclusive Super Stow 'n Go seating, which can be easily operated with one hand, allowing users to convert from carrying seven to hauling cargo in a matter of seconds. The Grand Caravan is equipped with more than 55 available safety, security and technology features.

About Kelley Blue Book (www.kbb.com)
Founded in 1926, Kelley Blue Book, The Trusted Resource®, is the vehicle valuation and information source trusted and relied upon by both consumers and the automotive industry.  Each week the company provides the most market-reflective values in the industry on its top-rated website KBB.com, including its famous Blue Book® Trade-In Values and Fair Purchase Price, which reports what others are paying for new and used cars this week.  The company also provides vehicle pricing and values through various products and services available to car dealers, auto manufacturers, finance and insurance companies, and governmental agencies.  Kelley Blue Book's KBB.com ranked highest in its category for brand equity by the 2016 Harris Poll EquiTrend® study and has been named Online Auto Shopping Brand of the Year for five consecutive years.  Kelley Blue Book Co., Inc. is a Cox Automotive™ company.

About FCA US LLC
FCA US LLC is a North American automaker with a new name and a long history. Headquartered in Auburn Hills, Michigan, FCA US is a member of the Fiat Chrysler Automobiles N.V. (FCA) family of companies. FCA US designs, engineers, manufactures and sells vehicles under the Chrysler, Jeep, Dodge, Ram and FIAT brands, as well as the SRT performance vehicle designation. The company also distributes the Alfa Romeo 4C model and Mopar products. FCA US is building upon the historic foundations of Chrysler, the innovative American automaker first established by Walter P. Chrysler in 1925; and Fiat, founded in Italy in 1899 by pioneering entrepreneurs, including Giovanni Agnelli.

FCA, the seventh-largest automaker in the world based on total annual vehicle sales, is an international automotive group. FCA is listed on the New York Stock Exchange under the symbol "FCAU" and on the Mercato Telematico Azionario under the symbol "FCA."

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SOURCE FCA US LLC

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