Anyone traded in a jeep

[Cjanak21]

I have a practically brand new 2021 Rubicon MSRP $61,125 with under 2,000 miles on it and I think I want to trade it in for a new 2022 XR v6 (not Hemi 392). How much can I expect the drop in value to be while trading it in? Yes the accident was "technically" my fault and no the Jeep is not totaled. There was about $13,000 worth of damage to the Jeep, but everything damaged has been replaced at the Jeep dearership's body shop. Most of the damage was to the front right passager tire/axle housing/rim, front bumper side/right side suspenson.

Any info helps! Thanks.

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[goose77]

Lowest condition book value. Maybe a little lower depending on if it looks repaired. Even if its perfect, it will always have that stain on the carfax and makes it a little bit less desirable to most buyers unless they get a deal. A dealer will charge full retail, sell it and most likely not even tell the new owner it was in an accident..

I would find a buyer that doesnt care about the damaged past, as long as its fixed right and they save a few bucks, both buyer and seller happy.

 

[aldo98229]

Sell it privately, and tell prospective buyers that because all the crappy OE parts were replaced after the accident, the Jeep is now worth more...

 

[wolfdog]

I traded a 2010 Jeep Liberty to my favorite dealer lotsa cars bought there! Paper work almost ready to sign when the Mgr. said you have "CarFax" on that vehicle! I said ya so, all fixed with Jeep parts, a read ender! I should have fixed it myself for bout $250 but seeing that someone else's insurance company was paying I had it fixed, the other drivers insurance paid 4K!!!!

To continue, the Manager said "we have to deduct the cost of repairs from your trade figure"!!! What 4K, yup 4K! I left, went to two other dealers, same thing! Finally after a few days
my original dealer called back and said seeing I had bought 6 Jeeps from them they'd deduct only a thousand bucks! If I had not gone to the other dealers I would not have bought! So yup I went with the thousand buck deduction!

Good luck!

Go Jeep!!!

 

[Sidspider]

Pull the Carfax yourself and see if the repairs are on there. My JKU was rear ended by a tractor trailer and had to have its frame replaced and it never showed up in the carfax.

 

[OCYJ]

You may want to look into filing a Diminished Value Claim with your insurance company. If you can document the lower value because of the accident (Carfax ), depending on your insurance company, coverage, etc. they may have to make up the difference.

 

[Cjanak21]

You may want to look into filing a Diminished Value Claim with your insurance company. If you can document the lower value because of the accident (Carfax ), depending on your insurance company, coverage, etc. they may have to make up the difference.

Even if the accident is technically my fault though?

 

[Bocephus]

Get an offer from Carvana and Vroom, disclose everything, if it’s not already on your carfax. That will take 10 minutes. Then, run it with Carmax if you have a couple hours to spare. Take those quotes with you to the dealership, and ask their trade value - share your best offer. “I don’t want to waste my time or yours…” I believe I got great values for a couple recent trades this way.

If I were you, I’d throw a metal cloak 2.5” lift and a set of 35’s. Regear if you want, or not. Boom - better than an XR, and you’ll save lots probably!

 

[Mgg253]

Even if the accident is technically my fault though?

DV is excluded on almost every policies collision coverage. Unless you bought special insurance, nottachance

new vehicles take the biggest hit with a. Accident. Less people care about older vehicles accidents, cause so many have them. Plus 5% of 60k is a lot more than 5% of 5k. Best bet is private party, you’ll take a smaller hit, but expect it to come unless you hold the vehicle longer

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