Indio
Well-Known Member
- Joined
- Jun 30, 2016
- Threads
- 4
- Messages
- 399
- Reaction score
- 387
- Location
- Chicagoland
- Vehicle(s)
- 1998 Jeep TJ, 1985 Jeep CJ-7, 1972 Series III Land Rover
- Occupation
- Procrastinator
I think people are using "over-priced" in different ways. Yes, most people know how market works, and in that regard "over-priced" will be determined if Jeep is not able to sell the Wrangler at the quantity it wants at the targeted price. Likewise, if "pharma bro" can still make sales of a life saving drug at 1000% markup, then under that usage the drug is not "over-priced".
I think what some people mean is they feel the Wrangler is over-priced for what the vehicle provides, particularly in relation to other vehicles. And there are indeed objective measures of that, such as examining the feature sets compared to price. For example, if a buyer is getting air and all kinds of features on a modern vehicle, and for same or greater price are getting older tech ladder frame live axle vehicle without even air, then a case can be made. Or comparisons can be made using historical pricing, and rate of price increase of different makes/models.
On the other hand, Wrangler offers open top doors off driving, and ladder frame live axle platform that can excel at certain types of off-road driving. So that definitely has value to some people, especially if those features are "unobtanium" on any other vehicle.
I think what some people mean is they feel the Wrangler is over-priced for what the vehicle provides, particularly in relation to other vehicles. And there are indeed objective measures of that, such as examining the feature sets compared to price. For example, if a buyer is getting air and all kinds of features on a modern vehicle, and for same or greater price are getting older tech ladder frame live axle vehicle without even air, then a case can be made. Or comparisons can be made using historical pricing, and rate of price increase of different makes/models.
On the other hand, Wrangler offers open top doors off driving, and ladder frame live axle platform that can excel at certain types of off-road driving. So that definitely has value to some people, especially if those features are "unobtanium" on any other vehicle.
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