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IntelliChoice Value Rating
The chart above shows the purchase price versus ownership cost for each car from a specific vehicle class. The cars with better than average ownership cost/purchase price correlations are the best values, and these best value cars are represented by the dots below the curve. (i.e. the cars that have a lower ownership cost compared to its purchase price.) Those cars, which are worse than average or poor values, appear above the curve.
One way to view the graph is to draw a vertical line through any purchase price. You may see several dots that fall on this line - each of which is a car with a similar purchase price. However, notice the difference in ownership costs of each car represented by the vertical position of the dot. Two cars with the same purchase price can have thousands of dollars difference in ownership costs. This is what separates "good value" cars from "poor value" cars.
What is a good car value?
A "good car value" is one whose cost to own and operate is less than expected. The lower the cost to own and operate a car compared to what is expected, the better the value of that car.
But how do we know a car's "expected cost"?
For each car in the class, IntelliChoice plots the car's purchase price against the total five-year cost to own and operate it as determined by IntelliChoice research. Each dot on the above chart represents a specific car. Generally, we find that as the purchase price of the car increases, the cost to own and operate that car increases. This is why the dots on the graph tend to rise upward and to the right. This phenomenon also makes intuitive sense - as the purchase price rises, financing costs tend to rise, as do insurance, depreciation, taxes, and most other car ownership costs.
This is an important concept. It's normal for car ownership costs to rise as purchase price rises. Therefore, we can't just establish one "average" ownership cost number for each class, since cars in the class have different purchase prices. (This is why the "Relative" shown on each chart is different for cars in the same car class.)
Using statistical techniques, IntelliChoice "connects the dots" to form a curve that defines, for this car class, the relationship between the car's purchase price and car's ownership costs. This curve is our "expected cost" curve. The curve defines, for any car in the class, the five-year ownership cost that we would expect to see at each possible purchase price. If every car in the class were an average value, then all the dots would fall exactly on the curve. However, it's rare that any dot is exactly on the curve. Some dots are a little higher or lower, and some are a lot higher or lower. The dots that are a little lower are better than average car values, while the dots that are a lot lower are excellent car values (A dot that is a lot lower than the curve has ownership costs much lower than expected for a car of its purchase price). Conversely, a dot a little higher than the curve is a poorer than average car value, while a dot that is much higher than the curve is a poor car value.
Value is a relative term, not an absolute term. It is performing better than the logical expectation.
So is a Mercedes-Benz E320 expensive to own and operate? Certainly in an absolute sense. Most other cars cost less. But, when its cost to own and operate is plotted against cars with comparable invoice prices, the E320 costs less. So the E320 is not expensive to own and operate - it is a good car value. The Mercedes does not have low ownership costs, but it has low ownership costs for its invoice price.
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2007 Dodge Durango Packages & Options
2007 Dodge Durango Packages
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26C
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Quick Order Package
- $0
Base vehicle with standard equipment
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ADL
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Skid Plate Group
- $170
Underbody protection for transfer case and for fuel tank; Tow hooks
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AHC
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Trailer Tow Group
- $455
Trailer towing preparation includes tow hook; Class IV Trailer Hitch Receiver
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2007 Dodge Durango Options
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&PDM
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Mineral Gray Metallic Clear Coat
- $150
Metallic paint; Excludes: [J003] Standard Paint Type And [J005] Standard Paint Type And [J004] Standard Paint Type And [&PRH] Inferno Red Crystal Pearl Coat
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&PRH
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Inferno Red Crystal Pearl Coat
- $225
Pearl paint; Excludes: [J003] Standard Paint Type And [J005] Standard Paint Type And [J004] Standard Paint Type And [&PDM] Mineral Gray Metallic Clear Coat
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CFP
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3rd Row 2-Passenger Bench Seat
- $670
Bench front facing one-piece third row seats with two seat capacity that fold flat to floor; Seating: seven seats; Two height adjustable head restraints on 3rd row seats; 3-point reel third row seat belts on driver side and passenger side
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CLX
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Luxury Front/Rear Floor Mats w/ Logo
- $30
Luxury Front and Rear Floor Mats w/Logo
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DGQ
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5-Spd Automatic Transmission
- $0
Automatic five-speed transmission with lock-up, electronic control, shift lever on column, 3.000:1 first gear ratio, 1.670:1 second gear ratio, 1.000:1 third gear ratio, 0.750:1 fourth gear ratio and 0.670:1 fifth gear ratio 5-45RFE
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DHU
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Electric Full Time Transfer Case
- $195
Full-time 4x4-wheel drive switch, manual and speed limited (manual only); Dual range transmission 4WD low; Center differential lock; Transmission with low/high gear ranges and 2.720:1 low/high gear ratio
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EVA
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4.7L Magnum V8 Engine
- $0
4701 cc 4.7 liters 90.0? V 8 front engine with 93.0 mm bore, 86.5 mm stroke, 9.0 compression ratio, overhead cam and two valves per cylinder; Power: SAE @ 4200 rpm; and 3600 rpm; Excludes: [EVD] 4.7L Magnum V8 FFV Engine
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EVD
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4.7L Magnum V8 FFV Engine
- $0
4701 cc 4.7 liters 90.0? V 8 front longitudinal engine with 93.0 mm bore, 86.5 mm stroke, 9.3 compression ratio, cast iron block, light alloy head, overhead cam and two valves per cylinder; Unleaded fuel with additional E85; N/A in CA, ME, MA, NY, VT; Excludes: [EVA] 4.7L Magnum V8 Engine
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GXX
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Sentry Key Theft Deterrent Sys (Fleet)
- $75
Immobilizer
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HBB
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Rear Air Conditioning w/Heater
- $650
Rear air conditioner; Rear heater; Rear seats secondary ventilation controls; Heavy duty alternator; Requires: [CFP] 3rd Row 2-Passenger Bench Seat
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J003
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Standard Paint Type
- $0
Metallic paint; Excludes: [J005] Standard Paint Type And [J004] Standard Paint Type And [&PDM] Mineral Gray Metallic Clear Coat And [&PRH] Inferno Red Crystal Pearl Coat
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J004
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Standard Paint Type
- $0
Black paint; Excludes: [J003] Standard Paint Type And [J005] Standard Paint Type And [&PDM] Mineral Gray Metallic Clear Coat And [&PRH] Inferno Red Crystal Pearl Coat
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J005
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Standard Paint Type
- $0
Gloss paint; Excludes: [J003] Standard Paint Type And [J004] Standard Paint Type And [&PDM] Mineral Gray Metallic Clear Coat And [&PRH] Inferno Red Crystal Pearl Coat
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LM1
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Daytime Running Lamps (Fleet)
- $40
Day time running lights
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MJA
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Bodyside Molded-in-Color Moldings
- $75
Body color body side molding
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MRN
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Gray Running Boards
- $405
Argent side platform step
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NHK
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Engine Block Heater
- $35
Block heater
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RAQ
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AM/FM CD6 with MP3
- $300
Disc autochanger dashboard and 6; Stereo audio system with AM/FM, Disc Autochanger and six-disc remote changer CD player reads MP3; Excludes: [RSA] SIRIUS Satellite Radio
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RSA
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SIRIUS Satellite Radio
- $195
Audio system with satellite; Excludes: [RAQ] AM/FM CD6 with MP3; Requires: [HBB] Rear Air Conditioning w/Heater
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WFV
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17" Aluminum Wheels
- $0
Front and rear alloy wheels with 17 inch rim diam and 8.0 inch rim width
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1998 Dodge Durango $5200
This "AMAZING" 1998 DODGE DURANGO "SLT" 4X4 SUV is in "GREAT CONDITION"!! NEW RADIAL EQUALIZER TIRES, AFTER-MARKET...
06/11/2007 | 17:06 PM | AJC19
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