Selling your car may be a wise idea to get additional cash during an economic downturn. And if you own a Dodge automobile, now may be the perfect time to sell it. As you may well know, Dodge is a popular brand of cars, trucks, minivans and SUVs that are known around the world. It is owned and marketed by Chrysler LLC. Dodge was established as a supplier of auto parts in Detroit back in the early 1900s and was known then as the Dodge Brothers Company. In 1914, the company began assembling its own automobiles. Finally, it was sold to Chrysler in 1928 and was also one of the brands that endured the fleeting merger between Daimler-Benz and Chrysler from 1998 to 2007. Today, Dodge remains a part of Chrysler and is based in Auburn Hills, Michigan.
Despite its offering of a variety of vehicle classes or models, Dodge has been strongly linked to trucks and vans. As a matter of fact, almost 80% of all sales come from truck and van categories. But with the release of Dodge’s latest car models like the Caliber, Avenger, Magnum, and Challenger, the brand is set to make its mark on the car market. Selling your car or trading it in for a new Dodge will allow you to experience the power of a new generation of American automobiles. y. The popular 2006 Dodge Grand Caravan, a four-wheel drive minivan with a V6 engine, had an MSRP of $18,600 to $27,000. Today, 3 years and 53,000 miles later, this same model is sold at an average of $6,900 to $9,000.
Another case in point is the 2007 Dodge Nitro. Selling price for a brand new unit can be within the range of $19,350 to $24,420. But a used one with over 47,000 miles on the odometer can be available for only $15,800. Dodge Ram and Dodge Durango are also included in the Top Ten list of cars with very low resale values. Nevertheless, if you own a Dodge and you are selling your car, you still have a chance to get a good price if your vehicle has been properly maintained through the years.