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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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2008 Chrysler Aspen Packages & Options
2008 Chrysler Aspen Packages
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28J
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Quick Order Package 28J
- $4,270
Nine upgraded speaker(s) Alpine; Air conditioning with climate control 2; Passenger seat secondary ventilation controls with digital display; Leather seat upholstery; Leather trimmed 1st and 2nd row seats; Driver heated door mirrors with automatic operation, passenger heated door mirrors; Memorized adjustment on door mirror position with four driver's seat positions pedals; Automatic operation rear view mirror; Heated driver seat, heated electrically adjustable passenger seat with two adjustments; Height adjustable pedals; Remote control remote trunk/hatch release; Electric trunk/hatch pull down; Parking distance sensors rear and radar; Includes: [MRL] Body Color Running Boards And [REN] AM/FM/CD/DVD/HDD/MP3 Radio And [GAR] Laminated Front And Rear Door Glass And [CLX] Luxury Front & Rear Floor Mats w/Logo; Excludes: [2_G] Signature Series Package And [S7DB] Dark/Light Slate Gray Leather Bucket And [CJDB] Dark/Light Slate Leather Bucket And [CJ__] Leather Trimmed Bucket Seats And [S7J1] Light Graystone Cloth And [CJJ1] Light Graystone Leather Bucket And [YLJ1] Two Tone Light Graystone Leather Bench And [JPM] Heated Front Seats
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2_G
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Signature Series Package
- $4,010
Leather two-tone steering wheel; Signature Series badge; Two-tone leather trimmed seats; Remote control remote trunk/hatch release; Automatic door closing; Electric trunk/hatch pull down; Parking distance sensors rear and radar; Includes: [WPL] 18 x 8 Aluminum Chrome Clad Wheels And [REN] AM/FM/CD/DVD/HDD/MP3 Radio And [GWA] Power Sunroof And [JPM] Heated Front Seats And [CLX] Luxury Front & Rear Floor Mats w/Logo; Excludes: [CFU] 2nd Row Bucket 2 Passenger Seat And [GAR] Laminated Front And Rear Door Glass And [28J] Quick Order Package 28J And [RER] MYGIG Multimedia Infotainment w/Nav; Discount -1500.00:
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AHC
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Trailer Tow Group
- $365
Trailer towing preparation includes tow hook; 7 and 4 pin wiring harness; Auxiliary transmission cooler; Heavy duty engine cooling system; Power steering cooler; 3.920:1 axle ratio; If: [EZB] 5.7L HEMI Multi-Displacement Engine; New Price 395.00:
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AJY
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Popular Equipment Group
- $1,125
Height adjustable pedals; Remote control remote trunk/hatch release; Electric trunk/hatch pull down; Parking distance sensors rear and radar; Automatic door closing; Includes: [MRL] Body Color Running Boards And [XBM] Remote Start System; If: [2_G] Signature Series Package; New Price 470.00:
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ALW
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Popular Equipment Group II
- $1,405
Automatic operation rear view mirror; Includes: [XBM] Remote Start System And [XRV] Rear Seat Video System And [RSP] UConnect Hands-Free Communication; Requires: [28J] Quick Order Package 28J
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2008 Chrysler Aspen Options
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&PKG
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Light Sandstone Metallic Paint
- $150
Metallic paint; Excludes: [J003] Standard Paint Type
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CFU
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2nd Row Bucket 2 Passenger Seat
- $950
Bucket front facing rear seats; Seating: seven seats;2+2+3
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CJ__
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Leather Trimmed Bucket Seats
- $780
Leather seat upholstery with additional vinyl; Excludes: [S7DB] Dark/Light Slate Gray Leather Bucket And [DZJ1] Light Graystone Leather Bench And [S7J1] Light Graystone Cloth And [YLJ1] Two Tone Light Graystone Leather Bench And [28J] Quick Order Package 28J
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CLX
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Luxury Front & Rear Floor Mats w/Logo
- $30
Carpet floor mats
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DGQ
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5-45RFE 5-Speed Automatic
- $0
Automatic five-speed transmission with lock-up, electronic control and shift lever on column 5-45RFE
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EVE
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4.7L V8 Engine
- $0
4.7 liters engine EVE; Excludes: [EZB] 5.7L HEMI Multi-Displacement Engine
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EZB
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5.7L HEMI Multi-Displacement Engine
- $795
5,654 cc 5.7 liters V 8 front engine with 99.5 mm bore, 90.9 mm stroke, 9.6 compression ratio, overhead valve and two valves per cylinder EZB; Power: 250 kW , 335 HP @ 5,200 rpm; 370 ft lb , 502 Nm @ 4,200 rpm; Cylinder shutdown 4; Fuel 89; Fuel economy EPA highway (mpg): 19 and EPA city (mpg): 13; Fuel consumption: EPA urban (mpg): 13, country/highway (mpg): 19, combined (mpg): 15, 5.5, 8.1, 6.4, 16, 23 and 18; Excludes: [EVE] 4.7L V8 Engine
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GAR
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Laminated Front And Rear Door Glass
- $300
Laminated side windows
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GWA
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Power Sunroof
- $850
Glass electric front sunroof
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J003
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Standard Paint Type
- $0
Metallic paint; Excludes: [&PKG] Light Sandstone Metallic Paint
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JPM
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Heated Front Seats
- $250
Heated driver and passenger seat; Excludes: [28J] Quick Order Package 28J
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LM1
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Daytime Running Lights (Fleet)
- $40
Day time running lights
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MRL
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Body Color Running Boards
- $445
Body color side step
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NHK
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Engine Block Heater
- $35
Block heater
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REN
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AM/FM/CD/DVD/HDD/MP3 Radio
- $1,055
MP3 player; Hard disc drive; If: [AJY] Popular Equipment Group; New Price 800.00:
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RER
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MYGIG Multimedia Infotainment w/Nav
- $950
MP3 player; Hard disc drive; Parking distance sensors rear and camera; Navigational systems : information type: full map and voice and touch screen controls HDD, color and 6.5; Includes: [RSP] UConnect Hands-Free Communication; Requires: [28J] Quick Order Package 28J; If: [ALW] Popular Equipment Group II; New Price 675.00: Excludes: [2_G] Signature Series Package
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RSP
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UConnect Hands-Free Communication
- $360
Hands-free cellular phone Bluetooth; Voice activating system includes phone; Automatic operation rear view mirror; Wireless connection Bluetooth; If: [28J] Quick Order Package 28J; New Price 275.00:
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WPL
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18 x 8 Aluminum Chrome Clad Wheels
- $700
Front and rear alloy chrome wheels with 18 inch rim diam and 8.0 inch rim width; Excludes: [28J] Quick Order Package 28J
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XBM
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Remote Start System
- $185
Remote engine starter
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XRV
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Rear Seat Video System
- $1,295
DVD/VCD; Display screen single rear middle; Rear separate audio control; Rear remote audio controls; Requires: [REN] AM/FM/CD/DVD/HDD/MP3 Radio; Excludes: [28J] Quick Order Package 28J
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YCF
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California Emissions Order Code
- $0
Emission control level California; Excludes: [YCH] Federal Emissions Order Code
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YCH
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Federal Emissions Order Code
- $0
Emission control level FED; Excludes: [YCF] California Emissions Order Code
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