Dodge Caliber ‘has residual value ahead of competitors’

The Dodge Caliber has a used car value ahead of its rivals, according to an industry body.

Replacing the Neon in 2006, the compact car is a five-door hatchback similar in appearance to larger Dodge vehicles. It made its first appearance at the 2005 Geneva Motor Show.

Peter Lambert, managing director of Chrysler Group, has greeted the news that the vehicle is ahead of competitors at Ford, Volkswagen and Vauxhall as "no surprise".

EurotaxGlass’s industry paper Glass’s Guide to Used Car Values stated that the model’s "bold, distinctive design and value for money" helps it stick out.

Mr Lambert commented that the appeal of the car is that it does not try to please everybody.

He said: "Our research shows that drivers in the C-segment are bored with the bland vehicles available to them and want a car to be affordable and to stand out from the crowd."

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