Jeep Values - Massive Decline

[JamesWyatt]

So I think part of the problem is the 2025s can’t be built the same as the 24s. For example I have 3.6 auto with Xtreme package and 4.88 gears. Only way to get 4.88 is with a manual and non Xtreme. And the Xtreme is only an option with the 2.0. So you can’t even build an apples to apples Jeep. The closest I can come only gets me to a $72k sticker. So it seems Jeep may have quietly cut cost by changing options and making them cheaper while holding the base price. The trade value is making more sense to me now.

with that said if anyone wants a fully loaded rubicon X with the auto 3.6 and 4.88. Let me know

The 2.0T with 4:56 is about equal in power to the 3.6 with 4:88. I also have the 3.6 and 4:88, and it's so great at low speed torque. The 2.0 with 4:56 is a little better on the highway just in that it doesn't have to scream at high RPM to get the same passing power on the interstate at high altitude.

I don't plan on getting rid of mine until the 8 year Max Care extended warranty (via Granger) expires, and this is coming from someone who has traded every year for a new Wrangler since 2011. I used the huge $12K discount off the $71.5K MSRP to get out from under my Mojave, so it was worth it for that. But ain't no way I'll be able to trade out of it for years. Thankfully I got the GAP insurance – I'd be completely screwed if it were totaled or stolen otherwise.

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[hoch]

…and this is coming from someone who has traded every year for a new Wrangler since 2011.

Wait, wait. So 13 new wranglers in 13 years??

 

[JamesWyatt]

Wait, wait. So 13 new wranglers in 13 years??

At least. The Wrangler resale value has supported such insanity up until now. No other vehicle would have allowed that. Seems those days are over, though.

 

[NWJeepr]

Are you thinking a tax credit isn't a government subsidy?

Is it?

Because when we say the government "subsidizes" the oil industry and basically every gallon of gas sold, that's not a "government subsidy" according to those who vehemently defend the welfare and handouts given to the oil industry. It's "tax credit" and other excuses for saying the government basically gives them taxpayer money to fund their industry.

Is that really the same as a private citizen buying a vehicle and receiving a tax break?

Come at me bruh

 

[Ratbert]

Is it?

Because when we say the government "subsidizes" the oil industry and basically every gallon of gas sold, that's not a "government subsidy" according to those who vehemently defend the welfare and handouts given to the oil industry. It's "tax credit" and other excuses for saying the government basically gives them taxpayer money to fund their industry.

Is that really the same as a private citizen buying a vehicle and receiving a tax break?

Come at me bruh

Subsidy: financial assistance provided by a government to individuals, businesses, or other organizations to support or encourage specific activities, industries, or behaviors.

Tax credit: reduction in the amount of taxes owed.

Said another way: a tax credit is financial assistance which serves to encourage a specific activity.

It's the opposite of things like cigarette taxes which are intended to discourage a specific activity.

If a tax credit isn't a subsidy, then why does it exist?

 

[NWJeepr]

If a tax credit isn't a subsidy, then why does it exist?

It's an incentive. Just like there are tax credits for having a child, saving in retirement accounts, employee retention credits in business, trade in a car, etc. Buy an EV, get a tax credit....

 

[pfletcher229648]

I’m of the philosophy that it’s cheaper to keep ‘er. Has served me well over the years.

 

[Riverjeep]

After reading this forum for two years it now makes perfect sense to me to sell a vehicle before the first oil change.

Yeah think of all the issues you never deal with by not even keeping a new vehicle for much more than a year, BRILLIANT!

 

[The Last Cowboy]

If everyone qualified for the tax credit, then it was more of a subsidy than anything else. Are low earners not getting the full credit? It would seem that one would need a certain amount of taxable income in order to get the credit. However, as I understand it, all buyers got a full credit amount, whatever it was. Mostly $7500. And, many of those “credits” went to plug in hybrids, such as 4Xes, which are neither good EVs nor good gas vehicles.

 

[Ratbert]

It's an incentive. Just like there are tax credits for having a child, saving in retirement accounts, employee retention credits in business, trade in a car, etc. Buy an EV, get a tax credit....

Exactly. A tax credit to entice you to spend your money in ways that the government thinks is beneficial for our society. A.k.a. "a subsidy".

 

[NWJeepr]

If everyone qualified for the tax credit, then it was more of a subsidy than anything else. Are low earners not getting the full credit? It would seem that one would need a certain amount of taxable income in order to get the credit. However, as I understand it, all buyers got a full credit amount, whatever it was. Mostly $7500. And, many of those “credits” went to plug in hybrids, such as 4Xes, which are neither good EVs nor good gas vehicles.

actually, no…there are income limits and not all EVs and PHEV’s apply.

 

[The Last Cowboy]

actually, no…there are income limits and not all EVs and PHEV’s apply.

Everything I read showed all buyers getting the full subsidized reduction at the time of purchase.

Did anyone here get denied or reduced when buying a 4Xe? I can’t recall a single post about it. Or recall reading any accounts of buyerSp of other qualifying vehicles not getting the full credit. I could be wrong though.

 

[NWJeepr]

Everything I read showed all buyers getting the full subsidized reduction at the time of purchase.

Did anyone here get denied or reduced when buying a 4Xe? I can’t recall a single post about it. Or recall reading any accounts of buyerSp of other qualifying vehicles not getting the full credit. I could be wrong though.

It also depends if the credit is a pass through from Stellantis’ leasing company. If it’s given to the leasing company they can choose to keep it or pass it on to the lessee. That is supposedly one way around the income threshold.

And I personally know several people who are not eligible for the EV tax credit based on income.

 

[jmill012]

It also depends if the credit is a pass through from Stellantis’ leasing company. If it’s given to the leasing company they can choose to keep it or pass it on to the lessee. That is supposedly one way around the income threshold.

And I personally know several people who are not eligible for the EV tax credit based on income.

second this…

 

[NWJeepr]

second this…

Formally known as the 45W commercial clean vehicle credit.

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