Do Ford Explorers or Dodge Journey Hold Value Better?

When it comes to purchasing a vehicle, value retention is an important factor to consider. Two popular midsize SUVs on the market today are the Ford Explorer and the Dodge Journey. Both vehicles offer a range of features and amenities, but which one holds its value better over time? In this article, we will explore this question and provide some insights into the value retention of these two SUVs.

The Value Retention Comparison

Do Ford Explorers or Dodge Journey Hold Value Better?

When comparing the value retention of Ford Explorers and Dodge Journeys, it becomes evident that the Ford Explorer has a better track record for holding its value. Over the years, Ford vehicles, in general, have shown remarkable resilience when it comes to depreciation, and the Explorer is no exception. While the Dodge Journey is a reliable and affordable SUV, its value tends to depreciate at a faster rate.

The Ford Explorer’s ability to retain its value better can be attributed to a few key factors. Firstly, Ford has established a strong reputation for building durable and reliable vehicles, which enhances their overall resale value. Additionally, the Ford Explorer has consistently ranked among the best-selling SUVs in the market, ensuring a steady demand in both the new and used car markets. This consistent demand helps maintain the value of the Explorer throughout its lifespan.

On the other hand, the Dodge Journey, although a popular choice among buyers seeking affordability and practicality, faces challenges in the value retention department. While Dodge vehicles are known for their robust performance and versatility, they tend to depreciate at a faster rate compared to their Ford counterparts. This can be attributed to a variety of factors, including a perceived lower build quality and features when compared to other midsize SUVs.

Overall, if you are concerned about the value retention of your vehicle, it is clear that the Ford Explorer is the better choice between these two options.

Related FAQs

1. Is the Dodge Journey a reliable SUV?

Yes, the Dodge Journey is generally considered a reliable SUV with decent performance and affordability.

2. Why do Ford vehicles hold their value better?

Ford vehicles have a reputation for being durable and reliable, which helps maintain their value over time.

3. Are Ford Explorers more expensive than Dodge Journeys?

Generally, Ford Explorers have a higher starting price compared to Dodge Journeys due to their higher build quality and additional features.

4. Are there any other factors besides brand reputation that influence value retention?

Yes, factors such as mileage, condition, maintenance history, and consumer demand also play a significant role in determining a vehicle’s value retention.

5. Are there any model years where the Dodge Journey holds its value better?

While it is not always the case, some earlier model years of the Dodge Journey may show better value retention compared to more recent ones due to factors like lower supply and limited competition.

6. What are the long-term maintenance costs for Ford Explorers?

Ford Explorers generally have reasonable long-term maintenance costs, thanks to their wide availability of parts and established repair networks.

7. Do Ford Explorers have better safety features compared to Dodge Journeys?

Both Ford Explorers and Dodge Journeys have comparable safety features; however, specific model years and trims may have variations in safety technology.

8. Which SUV has better fuel efficiency?

Fuel efficiency can vary depending on specific engine options and configurations, so it is advisable to compare the EPA-rated fuel economy of the specific models you are considering.

9. Are there any notable differences in ride comfort between the Ford Explorer and Dodge Journey?

Ride comfort can be subjective, but in general, the Ford Explorer offers a smoother and more refined ride compared to the Dodge Journey.

10. Do Dodge Journeys have better cargo space than Ford Explorers?

Yes, the Dodge Journey generally offers more cargo space compared to the Ford Explorer, making it a practical choice for those in need of extra hauling capacity.

11. Which SUV is better for off-road adventures?

The Ford Explorer, particularly the trim levels with available off-road packages, offers better off-road capabilities compared to the Dodge Journey.

12. Can I negotiate a better resale value for a Dodge Journey?

While some negotiation may be possible when selling or trading-in a Dodge Journey, the inherent value retention of the vehicle will still contribute to the final resale price.

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