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Dodge Charger Daytona Is Already The EV To Beat For Resale Values
- A new study has revealed the models that are expected to have the highest resale values after three years of ownership.
- Lexus had the most model-level awards, but GM racked up five wins including two for the GMC Hummer EV lineup.
- The Dodge Charger Daytona is expected to be the electric vehicle resale champ.
Depreciation is a fact of life, but what you buy has a big impact on resale values down the line. To help consumers, J.D. Power has released their 2025 U.S. ALG Residual Value Awards which highlight the vehicles that are projected to hold the highest percentage of their manufacturer’s suggested retail price after three years of ownership.
The winners aren’t exactly a surprise as Honda and Lexus walked away with top honors for the fourth consecutive year. J.D. Power’s Danny Battaglia credited part of this success to Honda’s pricing discipline as well as Lexus’ restraint on incentives, which can negatively impact resale values of older vehicles.
More: 2024 Dodge Charger Daytona Starts At $59,595
Besides being named the best premium brand, Lexus picked up the most model-level awards. Class honors went to the IS, LS, NX, RX, and TX. Their mainstream counterpart, Toyota, also picked up awards for the Camry and GR Supra as well as the Tundra and Land Cruiser.
Japanese models dominated the rankings as Honda scored wins for the Civic, Passport and Odyssey, while Subaru picked up accolades for the Crosstrek, Forester, and WRX. Other awards went to the Acura Integra and Nissan Kicks.
American brands might have played second fiddle, but GM racked up five wins. The Chevrolet Corvette was named the best “midsize premium sporty car,” while the Cadillac Escalade was the best large premium SUV. GMC also picked up awards for the Sierra 3500 HD as well as the Hummer EV Pickup and SUV.
Interestingly, the soon to be launched Dodge Charger Daytona was named the best electric car. While it remains to be seen what resale values will look like three years from now, electric coupes are virtually unheard of in America so the Charger Daytona doesn’t really have any competition.
Sticking with EVs, the Tesla Model 3 was dubbed the best premium electric car. The Hyundai Kona EV, on the other hand, was named best electric SUV.
Awards were also given to the BMW X1 and 5-Series, Jeep Gladiator and Wagoneer, and Kia Telluride. Mercedes’ only win was for the Sprinter, which took the commercial van class.
