JL resale values are insane!

Cypher

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True you never know. Carvana offered me 46 today so I am going to think about it. That’s what I paid for it so still not a bad deal.
if you can, hold off a few weeks. there were multiple articles out today about how the prices are expected to surpass what they were before due to the "perfect storm" of issues.
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Cypher

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Used car prices have been trending downward for over eight weeks now, they are expected to continue to do so. They will remain relatively high but not as high as they were earlier this year. New car inventory is expected to not recover for up to three years, this will help keep prices higher than normal but probably not as high as we have seen.
that was the case before the recent storms and flooding, as well as delta. prices are expected to climb again after trending down recently
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meganrken17

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if you can, hold off a few weeks. there were multiple articles out today about how the prices are expected to surpass what they were before due to the "perfect storm" of issues.
Hmm yeah that is definitely something to consider. I am not in a huge hurry. Thanks for the info. I will definitely keep this in mind.
 

Cypher

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Hmm yeah that is definitely something to consider. I am not in a huge hurry. Thanks for the info. I will definitely keep this in mind.
I will be watching the market as well just in case. I sold my 2020 JLUR after a year and 15k miles for over what I paid MSRP last October. If I would have waited until June I may have made another 3-5k.

My 2021 was ordered in May, delivered in August. if it looks like I an actually make a profit off it late this year, early next year I may sell if the 2023s are going to have new features I want in the refresh, or if something else comes out I have to have. I love the eco-diesel in my 2021 though, so I will never go back to a gas version unless its a 392, or a new engine option with similar torque numbers. the 3.0, and the hp75 trans is a thing of beauty in the JL.
 

Scott.B

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Interesting right now they are way down.
 

displayname

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I just read something today calling out keywords in article titles to help differentiate "news" from "opinions." The very first example they brought up was articles that use "may" in the title are speculative opinions, not current facts.

They can still be insightful, but an author's opinion should be weighted against others with conflicting opinions to gain a balanced viewpoint. At least that's MY opinion.

True you never know. Carvana offered me 46 today so I am going to think about it. That’s what I paid for it so still not a bad deal.
Regardless of what you *might* make at another point in time, you're basically getting to drive a vehicle for free with that current offer. Don't take that for granted. If you want something else, it's a good deal. Quite frankly, it's insane to me that this is happening to used car prices. The fact that you can even get within $5K of your original purchase price from over a year ago shows that we're already in a perfect storm. I wouldn't try to predict the market just to see if you can squeeze out another 5%. It's already a very fortunate situation.
 

meganrken17

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Why? You already have a rubi. The suspension on the xtreme is meh. just buy a solid aftermarket lift and 35s of your choice.
The big reason I am considering selling is if I can come out even or make money to order a brand new Jeep with a new warranty. I do have 17k miles so I am almost half way out of the full bumper to bumper 36k warranty. I have already had my rear axle replaced from a bad sensor. It would be nice if I could reset the warranty basically for free.

The extreme recon package is appealing to me since it comes with the 4.56 gears which would be covered under warranty, the 35 ko2s and the slightly bigger lift. If I don’t sell I plan to get 35 inch ko2s when I need new tires. I will probably do a very small spacer “lift” to get the same effect as the extreme recon package.

I have put a lot of time into my current Jeep so it has been a really tough decision on whether to sell or not. Really I think I like the idea of a new warranty.
 

displayname

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The big reason I am considering selling is if I can come out even or make money to order a brand new Jeep with a new warranty. I do have 17k miles so I am almost half way out of the full bumper to bumper 36k warranty. I have already had my rear axle replaced from a bad sensor. It would be nice if I could reset the warranty basically for free.

The extreme recon package is appealing to me since it comes with the 4.56 gears which would be covered under warranty, the 35 ko2s and the slightly bigger lift. If I don’t sell I plan to get 35 inch ko2s when I need new tires. I will probably do a very small spacer “lift” to get the same effect as the extreme recon package.

I have put a lot of time into my current Jeep so it has been a really tough decision on whether to sell or not. Really I think I like the idea of a new warranty.
It sounds to me like your heart already has a decision made, and it's just waiting for your brain to catch up.
You can get what you paid for a used vehicle. That's insane. I wouldn't gamble with that good fortune. A bird in the hand...
 

meganrken17

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It sounds to me like your heart already has a decision made, and it's just waiting for your brain to catch up.
You can get what you paid for a used vehicle. That's insane. I wouldn't gamble with that good fortune. A bird in the hand...
Very true. I think I am going to call tomorrow to get a quote on ordering a new one.
 
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aldo98229

aldo98229

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Keep in mind, though, if you are being offered what you paid for, since you already paid tax and license, and you are not getting that money back, you are not driving the Jeep for free.

Here in NW WA, tax and license are almost 10% of the value of vehicle, which is not an insignificant amount on a $50,000 vehicle.

Also, any mods you might have done to the Jeep, unless they are transferable, are a sunk cost. Meaning, you don’t get that back either.

Finally, I wouldn’t take for granted if your Jeep has been trouble-free. These being Jeeps, that probability of getting two completely trouble-free Jeeps, one after another, are about 50-50... 😫
 

Bulletbill

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I just read something today calling out keywords in article titles to help differentiate "news" from "opinions." The very first example they brought up was articles that use "may" in the title are speculative opinions, not current facts.

They can still be insightful, but an author's opinion should be weighted against others with conflicting opinions to gain a balanced viewpoint. At least that's MY opinion.


Regardless of what you *might* make at another point in time, you're basically getting to drive a vehicle for free with that current offer. Don't take that for granted. If you want something else, it's a good deal. Quite frankly, it's insane to me that this is happening to used car prices. The fact that you can even get within $5K of your original purchase price from over a year ago shows that we're already in a perfect storm. I wouldn't try to predict the market just to see if you can squeeze out another 5%. It's already a very fortunate situation.
I agree with your statements, but since we are discussing word choices, I personally used the word “expected,” which is defined as “likely; or anticipated.” Which is not a statement of fact.

Anyway, there is a lot going on in the world. Most people seek off-road vehicles to escape their daily lives. I personally expect demand will remain stagnant over the winter and go up again in the spring as people start vacation planning. Just my 2 cents. I am not an economist 😜.
 

areuriding

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Bought my 2019 Rubi for 45k out the door, sold it to VROOM a month ago for 50k and ordered a 2021 Rubi super loaded with the RECON package and everything else possible for 58k
 

displayname

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I agree with your statements, but since we are discussing word choices, I personally used the word “expected,” which is defined as “likely; or anticipated.” Which is not a statement of fact.

Anyway, there is a lot going on in the world. Most people seek off-road vehicles to escape their daily lives. I personally expect demand will remain stagnant over the winter and go up again in the spring as people start vacation planning. Just my 2 cents. I am not an economist 😜.
I think demand for Jeeps will go up a little more in spring as well. The big part of the equation though is will Jeep be potentially rolling out the MY22 at a faster pace to meet that demand. Probably not full production capacity, but maybe enough to keep used prices from going fully upside down again. Either way, it'll probably still be in this expensive era to buy a vehicle.
 

treoguy

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that was the case before the recent storms and flooding, as well as delta. prices are expected to climb again after trending down recently
.
That's been my experience with Vroom. First quote was $40K on my 2018 Sahara. It went down to $38k and today was back up to $40k. The problem with Vroom is they don't account for extras. My Sahara has Rubi wheels, tires, Mopar steel bumper and aluminum side steps (about $3k).
 
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