JL resale values are insane!

csjlu

Well-Known Member
Joined
Feb 17, 2021
Messages
366
Reaction score
1,023
Location
Genuine Parts Unknown
Vehicle(s)
2021 JLU
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.
I agree. The record number of containerships waiting to unload cargo at west coast ports suggest supply chain issues are still acute and not abating. Railroads have also warned about expected industrial volume shortfalls in the 2nd half of 2021. It is not just semiconductor production yields that are the problem - it is delta flare-ups, tractor trailer haul-away capacity at seaports, tight driver and truck axle availability, unwillingness to pay up for higher wages, etc. Expect the tightness to continue, and be thankful if you already have your JL.
Advertisement

 
Last edited:

Cypher

Well-Known Member
First Name
J
Joined
Feb 8, 2018
Messages
2,189
Reaction score
1,942
Location
AZ
Vehicle(s)
2021 JLUR Eco-Diesel now. 18, 19, 20 JLUR 3.6 old.
Occupation
Cybersecurity Leader
Vehicle Showcase
5
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).
This is where a good dealer is a benefit. they will account for those things better than a carmax or vroom etc. I sold mine to a person. here in AZ there is a huge tax savings if you can buy person to person.
 

macman1125

Active Member
First Name
Kyle
Joined
Mar 6, 2019
Messages
35
Reaction score
84
Location
PA
Vehicle(s)
2021 Jeep Wrangler Rubicon - XR Edition
Kelly Blue Book says my 2018 Sahara with every major option on it and only 6,200 miles is worth $45,000 to a dealer. I paid $38,000 four months before the pandemic hit.

I added about $3,500 in Katzkin leather seats and a Mopar lift.

I barely drive it. I am tempted to get the cash and run. Perhaps wait a few months for the market to cool off and see what else to get.

I still have the OE wheels and front bumper. I may swap the Quadratec wheels and steel bumper and sell them separately. I never got around to installing the winch.

Thoughts?
Sorry to jump on an old thread and start asking questions from months ago but figured it was worth a shot. I am very interested in the Katzkin leather seats as I tried to make a change after I ordered my new jeep and they couldn't make the change. Can you tell me how it turned out? I really would like the look of my factory rubicon seat with the option of maybe cooling. I already have heated in the factory ones.
 

entropy

Well-Known Member
Joined
Sep 19, 2018
Messages
2,921
Reaction score
4,660
Location
Pasadena
Vehicle(s)
Jeep Wrangler Sport S JL 2-D
Build Thread
Link
Occupation
Data Scientist
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).
yeah... it is unlikely anyone would account for that.

I got offered slightly more than I paid for my sport S by Vroom so I could sell and buy a new one, but I would end up losing anyway because of taxes/license/fees. Sure I would have a brand new Jeep, but at 2 years old my Jeep is hardly old. So I am keeping it. It is good to know it keeps its value, so when the time comes to sell in about 5 years I'll get some of the money back.

I thought about trading for a Rubicon. I would only sell if I really needed to, or if it made more financial sense. At this point it doesn't really, upgrading it becomes more cost effective. I am looking for at least 4k in taxes/title/fees if I went Rubicon + the extra 12k or so, add to that the 3k I paid in taxes when I bought it. It makes no sense. I can get front/rear lockers for 3k.

My sport MSRP = 39K
I paid = 31.5k (before taxes/titles/fees)
Vroom offer = 32k
 
OP
OP
aldo98229

aldo98229

Well-Known Member
First Name
Aldo
Joined
Nov 16, 2019
Messages
6,613
Reaction score
14,875
Location
Bellingham, WA
Vehicle(s)
2018 Jeep Wrangler Unlimited Sahara, 2018 Fiat 124 Spider Abarth
Occupation
Market Research
Vehicle Showcase
2
Sorry to jump on an old thread and start asking questions from months ago but figured it was worth a shot. I am very interested in the Katzkin leather seats as I tried to make a change after I ordered my new jeep and they couldn't make the change. Can you tell me how it turned out? I really would like the look of my factory rubicon seat with the option of maybe cooling. I already have heated in the factory ones.
I am very happy with the Katzkin leather; it looks factory.

I bought the Katzkin covers online and then took it to a local upholsterer.

You can also order Katzkin leather through your Jeep dealer as an aftermarket accessory. Because they are an authorized Jeep dealer, they can get you Jeep, Sahara, Rubicon logos embroidered on the seats. My guess is you would want to talk to the Business Manager --the guy that tries to sell you the extended warranty and the paint coat.

I found the cost of getting it done aftermarket vs ordering from the factory was roughly the same: $1,500 - $1,600.
 

Heimkehr

Well-Known Member
First Name
James
Joined
Sep 3, 2020
Messages
2,019
Reaction score
3,630
Location
Pennsylvania
Vehicle(s)
2021 Jeep Wrangler Unencumbered
Has anyone sold to vroom or carvana lately? I got a really good offer through vroom in the beginning of June for ~50k I just checked today and they offered ~43. I was surprised it dropped so much. I have been going back and forth debating if I want to sell to order an extreme recon.
In May, Carvana offered me $5K above sticker price for my 7 month old 2021 JLU. In July, the same offer contracted to be equal to what I paid for the vehicle. Both were generous offers, no doubt about it.

I had no intention of selling my Jeep, though. It's been well-nigh perfect since the day I drove it home. And, as has been said:
These being Jeeps, that probability of getting two completely trouble-free Jeeps, one after another, are about 50-50...

You can't time the market.
In isolation, that's true. The shrewd investor knows when to stop talking and push the boat away from the harbor, though.
 

jlang

Well-Known Member
First Name
JDawg
Joined
Feb 26, 2021
Messages
446
Reaction score
594
Location
Texas
Vehicle(s)
2019 Jeep JL Punk'D Rubicon
Occupation
Semi-Retired
Prices are all over the place. I plug my VIN in all the time to VROOM and today it is $1000 more than a few days ago but 4k lower than it was a few months ago.
 

Timmyjoe

Well-Known Member
First Name
Tim
Joined
Aug 17, 2019
Messages
273
Reaction score
515
Location
Northern Illinois
Vehicle(s)
2019 Jeep Wrangler Sport S (2-Door)
Just looked at Kelley Blue Book for average trade-in on our 2019 2-Door Sport S and it's $1000 over what we paid for it in 2019. Never owned any kind of vehicle that appreciated over the first few years of ownership. Much more used to them declining in value by 40-50%.

Best,
-Tim
 

Cypher

Well-Known Member
First Name
J
Joined
Feb 8, 2018
Messages
2,189
Reaction score
1,942
Location
AZ
Vehicle(s)
2021 JLUR Eco-Diesel now. 18, 19, 20 JLUR 3.6 old.
Occupation
Cybersecurity Leader
Vehicle Showcase
5
Just looked at Kelley Blue Book for average trade-in on our 2019 2-Door Sport S and it's $1000 over what we paid for it in 2019. Never owned any kind of vehicle that appreciated over the first few years of ownership. Much more used to them declining in value by 40-50%.

Best,
-Tim
My cousin sold his 2019 rubicon with 34000 miles for 49k. he only paid 47k for it new.

I sold my 2020 JLUR with roughly 15000 miles last October (before the market went crazy) after owning it a year for 52k. I paid $47000.00 for it.
his was bone stock, mine had some accessories.

The price of Jeeps seems to be doing well. From the research I have done I expect them to climb a bit again until the demand drops back down and new stock can build back up. in some parts of the country it may be a bit lower, in places like CO, CA, AZ etc. they will be higher.

I plan to keep mine until the details around the mid-cycle refresh are out. I also plan to buy a new 2 row grand cherokee for my wife so when I do decide to sell we will still have something for at least mild trails. I really like my diesel, and if the rumor mills are true and that engine gets phased out ill keep mine longer. I will still sell before warranty is out, but wont trade it off for a 2023 right away if I can no longer get that engine. (even with the oil leak under 500 miles, I really like that powertrain)
 

GTVENOM

Member
First Name
John
Joined
Jun 12, 2021
Messages
6
Reaction score
0
Location
VA
Vehicle(s)
2020 Sahara
2020 JL from the dealership in VA. Dealer lift, new Fuel 18 in wheels, New 35" Grabbers. 52K price tag. Mint condition black. Could have bought multiple Sahara's at other Dealers in town but would have had to do all the above, not under Warranty and a pain in my a$$. I wanted a used Sahara that I didnt have to mod, just drive and have fun. Other dealers in the region listing same Saharas with no no lift, wheels, and new 35's for 49K.
 

Tar Heel Wrangler

Well-Known Member
Joined
Feb 2, 2018
Messages
255
Reaction score
305
Location
Raleigh, NC
Vehicle(s)
JL Willys Sport, JT Mojave, Sold JLU Sport S
Occupation
Cigar & IPA Snob
Prices are all over the place. I plug my VIN in all the time to VROOM and today it is $1000 more than a few days ago but 4k lower than it was a few months ago.
Would love to know their algorithms.
 

Angelikadavid

New Member
First Name
Angelikadavid
Joined
Apr 21, 2021
Messages
1
Reaction score
0
Location
UK
Vehicle(s)
car
of course, we face a lot of issues while buying a used car or purchased car, so before we purchase better we go for a VIN check or logbook check to know about the jeep or car thoroughly which makes peace of mind. I faced once in my turn. After that, I don't do that mistake ever
 

daboink

Active Member
First Name
David
Joined
Apr 19, 2019
Messages
43
Reaction score
25
Location
Nashville, TN
Vehicle(s)
2 Door Wrangler JL 3.6
Occupation
Design/Builder
See the offers vroom is handing out right now, I have seen offers for 5-8k more than people were offered a month ago.
I received an offer from VROOM of $44,400 for my 2019 Rubicon w/ soft top and manual with 26,000 miles on it. Made me think, but didn't move.
 

timn1984

Well-Known Member
First Name
Tim
Joined
Oct 12, 2018
Messages
801
Reaction score
795
Location
Louisville, KY
Vehicle(s)
Jeep Wrangler Unlimited 2018 JL Sahara,Dodge Journey 2012, Toyota Camry 2015
Occupation
Yes
Vehicle Showcase
1
I just got a written offer from my dealer for $6000 more than I bought it for. Unreal. It makes you wonder if these 2018 Jeeps are more valuable that what we originally though. I kind of feel lucky to own one.
 

displayname

Well-Known Member
Joined
Apr 28, 2020
Messages
420
Reaction score
569
Location
DFW
Vehicle(s)
TBD
I just got a written offer from my dealer for $6000 more than I bought it for. Unreal. It makes you wonder if these 2018 Jeeps are more valuable that what we originally though. I kind of feel lucky to own one.
That is insanity. But hard to turn down deals like that. I just do not understand who is going into dealerships and paying me MSRP for used vehicles. But clearly it's happening.
 
Advertisement

Mac Haik CDJR Georgetown
 
Advertisement
Top