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

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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).

About Dodge Charger
For 2016, the Dodge Charger lineup offers extensive performance-driven powertrains – the latest technology under the hood and behind the wheel – which builds on the brand’s promise to deliver American performance machines with world-class power, efficiency, technology, authentic materials and standout styling.

The innovative TorqueFlite eight-speed automatic transmission is standard on every Dodge Charger model, everything from the SE, SXT, R/T, R/T Scat Pack and SRT 392 to the SRT Hellcat. The 2016 Charger also offers a full range of fuel-efficient and powerful engine options, including the award-winning 3.6-liter V-6 Pentastar engine, which delivers up to 31 miles per gallon (mpg) on SE and SXT models; the legendary 370-horsepower 5.7-liter HEMI® V-8 on the R/T; the 6.4-liter HEMI V-8, which punches out a best-in-class, naturally aspirated 485 horsepower and 475 lb.-ft. of torque in the SRT 392 and R/T Scat Pack models and the 6.2-liter supercharged HEMI Hellcat V-8 engine. The Charger Hellcat delivers the ultimate performance with 707 horsepower, 650 lb.-ft. of torque, a top speed of 204 miles per hour (mph), National Hot Rod Association (NHRA)-certified, quarter-mile elapsed time of 11.0 seconds on street tires and does 0-60 mph in 3.7 seconds, making it the quickest, fastest and most powerful sedan in the world.
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