2014 Jeep Patriot and 2014 Dodge Grand Caravan Receive 5-Year Cost to Own Award

AUBURN HILLS, MI--Feb. 5, 2014: For a second consecutive year, Jeep Patriot has the lowest 5-Year Cost to Own in its class 2014 Dodge Grand Caravan earns 5-Year Cost to Own Award in minivan/van category Awards honor vehicles with the lowest projected ownership costs for the first five years of ownership

Kelley Blue Book's KBB.com has named the 2014 Jeep® Patriot and the 2014 Dodge Grand Caravan winners of its 5-Year Cost to Own Award.

For a second consecutive year, the Jeep Patriot has the lowest 5-Year Cost to Own in the compact SUV/crossover category, while the Dodge Grand Caravan has the lowest 5-Year Cost to Own in the minivan/van segment.

"Chrysler Group is honored that Kelley Blue Book has named the 2014 Jeep Patriot and 2014 Dodge Grand Caravan winners of its 5-Year Cost to Own Awards," said Reid Bigland, Head of U.S. Sales, Chrysler Group LLC. "These awards recognize our commitment to producing quality and reliable vehicles that customers love, while providing great value throughout the ownership experience."

The 5-Year Cost to Own Awards honors the vehicles and brands with the lowest projected ownership costs, based on Kelley Blue Book's 5-Year Cost to Own data for new cars for the initial five-year ownership period. Kelley Blue Book calculates total ownership costs for new vehicles by applying a sophisticated valuation methodology along with critical financial data from third-party providers.

Jeep Patriot The 2014 Jeep Patriot offers consumers segment-leading 4x4 capability and excellent fuel efficiency along with rugged exterior styling and clever interior features, all at an exceptional value.

With improved on-road performance compliments of a new-for-2014 six-speed automatic transmission, unmatched Jeep capability in all weather conditions, fuel economy up to 30 miles per gallon (mpg), more than 30 safety and security features and a starting U.S. Manufacturers Suggested Retail Price (MSRP) of $15,995, the 2014 Jeep Patriot is the best priced SUV in America.

The 2014 Patriot is unmistakably a Jeep, designed to appeal to compact-SUV buyers who want traditional Jeep styling with best-in-class off-road capability at an affordable price.

Dodge Grand Caravan The 2014 Dodge Grand Caravan celebrates its 30th birthday with a special model and a revised line-up to go along with its segment-leading innovations and unbeatable value. The 30th Anniversary edition, with unique exterior trim and upgraded interior content, will be available on SE and SXT models. With class-leading cargo capacity, best-in-class power, available class-exclusive Blu-Ray DVD player, segment-exclusive Super Stow 'n Go and 100,000-mile powertrain warranty, the 2014 Dodge Grand Caravan truly is the industry's most versatile cargo and passenger vehicle and the best-all-around vehicle for young families. And with a starting U.S. MSRP of $19,995, it's also America's most affordable, best-selling and most-awarded minivan.

At the heart of the 2014 Dodge Grand Caravan is the award-winning 3.6-liter Pentastar V-6 engine mated that delivers a best-in-class 283 horsepower and 3,600 lbs. towing. It is mated to a smooth-shifting six-speed automatic transaxle and features a driver-selectable fuel-economizer mode. A 2013 Insurance Institute for Highway Safety (IIHS) Top Safety Pick with more than 55 safety, security and technology features, the 2014 Dodge Grand Caravan is available in four models that fit almost any lifestyle and budget: the AVP, SE, SXT and sporty R/T.