JL resale values are insane!

[mwilk012]

They would have to pay me 100k+ to get my Jeep. It's not replaceable.

Sponsored

 

[Goosed]

Just sold my JLUR to Carvana : 2020 JLUR only option was cold weather package. It was like $45k MSRP new. Had a little over 12k miles. I got it for $38,600 and sold it to them for $46,154. Put a $16k check in my pocket for the Gen 3 Raptor.

 

[Steve F]

Here in Australia if it is on the lot then expect to pay 6 to 10k more than if you order it. Deals can be got on orders but the wait can be 6 months or more, purchase off the lot and pay the price. I ordered my JLUR in November, sold the JK in Jan (for 1k less than what I bought it for 6 years and 80000km earlier) and picked up the JLUR in April. You can get a deal, but it is a slow and patience trying process.

 

[SouthernJL]

That's insane. I know you slightly modded it, but dang - you can get a brand new Sport S for that much.

Exactly! Which is why I don't understand why they were able to sell it at that price.

 

[aldo98229]

I agree, the KBB trade-in value of my dad's CR-V is 20,500. The best an actual dealer would offer us on trade is 18K. While it is nice to see the number on a website, it is a different thing to get a dealer to actually pay it without making it up on the vehicle that they're selling you.

I figure that KBB is just meant to drive dealer traffic. KBB is "free", a friend of mine told me "if you don't pay for the product, you ARE the product".

I am not getting stuck on that discussion. I have sold cars to dealers in the past; KBB was right on the mark.

My question is if it is worth doing it.

My best friend just told me to keep the Jeep; to make it worth my time I'd have to be without a Jeep for a year.

Can I live without a Jeep that long? If past behavior is any indication: I cannot.

Besides, as the weather warms up, opportunities for hitting the trails only increase.

 

[aldo98229]

Exactly! Which is why I don't understand why they were able to sell it at that price.

Yeah, I don't know either. But it's been like that for a long time.

My hypothesis is that there is a group of buyers who only look at used vehicles. Many of whom buy totally unaware that they could have bought a new Jeep for less.

 

[aldo98229]

Some pretty good value on them, both new and used. Half tempted to pick one up as an around town beater or to keep around if I ever get another commute (I wouldn't want to commute in the Jeep).

If you can swing it, I’d do it. You’ll love the little car.

 

[WRGLR-JL]

I also own a 2018 124 Spider Abarth with 9,400 miles.

That’s become my daily driver to the gym, to the grocery store and the occasional Sunday drive with the top down.

That’s the extent of my driving these days.

Grocery Store? Must be a light eater....

 

[aldo98229]

Grocery Store? Must be a light eater....

You’d be surprised!

I can fit four of those tall Whole Foods bags standing up in the trunk...

 

[LarryB]

One factor to consider is that new cars may be tough to get over the next few months, due to the chip shortage. Since dealers need to sell SOMETHING, I can see them paying top dollar for low mileage cars for a while.

Factor in that people that are still somewhat locked down may be wanting to get outdoors with the Wrangler’s normally high resale value … if you can trade it in and wait until fall, you will do well.

 

[FiveBoro]

It's all those Bronco buyers saying But I want something NOW!

 

[aldo98229]

No Bronco buyer here.

 

[aldo98229]

Another way to look at it might be: for a Jeep that is always parked, it is almost paid for.

 

[dalema]

You can trade if you find a good deal. I found a ‘21 Rubicon with an originally 60k msrp with 3500 miles on it for 53,900 two weeks ago. The mileage was low enough to finance as new so I got just over 2% interest at 72 months with Navy Federal Credit Union. I got a good trade in value on my Alfa too.

Right - but if they were smart and bought new from some of the dealers on this forum, they probably didn't pay MSRP - more like $52 - $53K. So they drove a car free for a while and made money on it

 

[CodyDog]

It's nice to know your vehicle is wort more than you said for it. With that being said $5-$10K is not big money in today's economy. Certainly not to sell unless it's a needless item in your quiver.

Sponsored