Should I buy New or Used

[iwillwillu]

I’m currently trying to decide between buying used or new due to the high resale value of the Wrangler.

I live downtown and work downtown so my M-F commute is a 5 min walk. I would primarily drive during the week to run errands, if needed, but it would mostly be driven on the weekend for road trips, off-road activities and hanging out with friends/family. If an opportunity to buy a house arises, my commute could potentially change which a 4xe would really be beneficIal for but that probably wont happen until next fall at the earliest.

I’ve been checking out the used car inventory and have found some 2018 JL wranglers in the $35k-$39k range with less than 45k miles. Which could potentially be negotiated to knock around $3k off the price. After hearing about the rebate on the 4xe, at the end of the day it would potentially cost $45k and if possible be negotiated closer to $41k. Depending on the used car and negotiations, they might not be far off in price.

Any suggestions on which route i should go based on this?

Sponsored

 

[SH556JL]

I went new, only because I never owned a new car before my Jeep... Resale value made it seem logical or I don't feel as guilty. Also I wanted something hard to find, base model 2 door Rubicon with a manual.

I would also consider financing options, you may get better rates on a new one. But overall, I wouldn't settle for a used car to save a few grand. If you really want the 4xe, I say get it.

 

[Thill444]

For what it's worth the used market seems inflated. I just sold my 2019 JL Wrangler Unlimited Sport w/17K miles for $1600 more than I paid brand new. There are lots of new dealers out there that will sell for 4-7% under invoice. Seems like a better way to go to me.

 

[Zandcwhite]

Used 2018-2019 bring in the aluminum steering box issue, not to mention quickly approaching the end of the 3 year bumper to bumper warranty. Personally if I wasn't saving at least $8k I wouldn't even consider used.

 

[Mtenna99]

I had a dealer near me that does 8% off invoice. It was a no brainer for my scenario to go new since used were more expensive. I also wanted the updated steering box that the 2021s have.

 

[aldo98229]

This is the worst possible time to buy a vehicle. There’s a general shortage of new and used vehicle inventory, unlikely to ease until end of the year.

https://www.cnbc.com/2021/04/16/car...le-up-for-high-prices-and-low-inventory-.html

https://www.wardsauto.com/dealers/inventory-shortages-keep-used-vehicle-prices-high

 

[Sparty]

We bought our Gladiator new last September (2020). I was originally looking for used. However, the used options (>10K miles) were going for more than what I could get a comparative new vehicle for w/ dealer incentives.

 

[Jhawth]

I had a dealer near me that does 8% off invoice. It was a no brainer for my scenario to go new since used were more expensive. I also wanted the updated steering box that the 2021s have.

What dealer is that? did they give you 8% off invoice by themselves or did you have an affiliate code + tread lightly affiliate code?

 

[Mtenna99]

What dealer is that? did they give you 8% off invoice by themselves or did you have an affiliate code + tread lightly affiliate code?

It took tread lightly and using their financing for 6 months. I plan to pay it off in 6 months so financing didn’t matter to me. Jim Butler Dodge Jeep Ram in Linn Mo.

 

[LiveToWork]

New always has much better interest rates. If youre a cash buyer go used. But if youre gonna finance then you should compare brand new to used.
Give you an example.

My jeep was 75k new. Ill pay 10k interest

A truck i almost bought was same price but used, But id have paid 28k interest at 6%. Fuck that.

 

[Jhawth]

It took tread lightly and using their financing for 6 months. I plan to pay it off in 6 months so financing didn’t matter to me. Jim Butler Dodge Jeep Ram in Linn Mo.

Ah okay, did you work with Steve? Good to hear there's no early payoff penalty, I don't like paying banks interest!

 

[jonahgetz]

The used market is absolutely nuts right now. My Jeep is worth roughly 7k more than I spent new if I private sell, and my nissan went from being worth 5k to 7k within a few weeks. I'd go new, or hold off.

 

[Jeepney Johnny]

I'm completely happy that I bought a new 2020. Before that, I was looking at a lightly used 2018, in a color I didn't like, without options I wanted (figured I could modify it, no problem).

In the end, used wasn't a good enough savings for me. It made sense to me to buy what I wanted (even a little more than I wanted), rather than settle, because I am planning a long ownership experience.

But buying wasn't easy for me...since I'm a cheap bastard, I was pretty much asked to leave every local dealership I visited, and there are a lot of local dealerships in Southern California. I ended up getting the deal I wanted from a dealership 200 miles away. Totally worth the drive, love my Jeep.

 

[Mtenna99]

Ah okay, did you work with Steve? Good to hear there's no early payoff penalty, I don't like paying banks interest!

Yes i did. Yep I had the same concerns but no payoff penalty. I financed through them with Ally.

 

[iwillwillu]

I had a dealer near me that does 8% off invoice. It was a no brainer for my scenario to go new since used were more expensive. I also wanted the updated steering box that the 2021s have.

This is the first I’m hearing about this. I thought all Wranglers 2018+ had the same parts. What’s the updated steering box?

Sponsored