Private party it'll surely be worth a lot more than $1,300. I'd try eBay or a Jeep forum for something like that.
Should I sell the Jeep?
- Thread starter dishdude
- Start date
Private party it'll surely be worth a lot more than $1,300. I'd try eBay or a Jeep forum for something like that.
When it comes to Jeeps, the only correct answer is always, yes, sell it.
Nick1994
$100 site donor 2024
Very strange, when I got a couple offers from Vroom for my Genesis both times the offer was immediately presented.
It took a full day for them to send me the first offer, I figure they're off tomorrow.
OVERKILL
$100 Site Donor 2021
What an incredibly insightful post.
D
Deleted member 89374
I love Jeeps. I wish I could afford a 4x4 Laredo E with the 3.6 Pentastar, however, prices are crazy at the moment. They are at least $10K~$15K more than they used to be. They are decent vehicles, fairly reliable, and not difficult to work on. If maintained properly, they last a long time.
I don't really understand the obsession with constantly changing body styles on a very pedestrian common vehicle; it makes sense on something performance related but it's a jeep. It's not a ferrari. Who cares what the body style is??
Hard to answer the vague OP question when no money values are provided. But generally this is sound advice. You might get more for the used vehicle, but you're going to pay more for the new one as well. The rising prices of everything due to a host of reasons.
Rough numbers but the fees on a new vehicle work out to be around 5-10% with taxes, registration, licensing, and such.
At 5% tax, a $30,000 is $1500. 10% is $3000. That's a healthy loss off the top.
Then depreciation. Something like 20% in year 1. On a $30,000 vehicle, you lose $6000 in depreciation in year 1.
So now your transaction fee is somewhere in the $7000 to $9000 range for the swap. What do you gain in the swap? More gizmos on a new untested vehicle platform, and a warranty?
OVERKILL
$100 Site Donor 2021
I believe the new features are:
- Wireless CarPlay
- Wireless charging
- Heads-up Display
Those are the main tech upgrades. But yes, the new platform (which it shares with the Giulia IIRC) is new for the Jeep, whilst the old WK2 platform is extremely mature at this juncture and well sorted.
Yup, and I don't need nor would I pay $100 for all 3 of those features. Have never needed them in my vehicle. That people pay real money for such this is odd IMHO.
People pay real money for far worse things.
Sell. I traded my Mazda cx5 for $5k over KBB and got into a rav 4 prime. As stated, this is unprecedented. Take advantage!
gathermewool
Site Donor 2023
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They aren't in the business of selling old cars. Well, except for jacking up the price of 10 year old Rangers.
Around here a decent 4.0 manual TJ that isn't rusty pretty much starts at $8K, but that's on Facebook Marketplace and Craigslist. Clean ones are often over $10k even with over 150k miles. They get into the $30k+ range on Bring A Trailer, but those usually have extremely low miles.
Try Carmax, if there's one in your area. Same setup.
You know? I had not even thought about that.
I guess it depends what the value of your trade is and how inflated the price is. I know my lexus gx could be worth about 5-7k more than I bought it for in early 2020, which was $21500 out the door. So in theory i could still profit $3-5k
Not sure that 3k is worth the hassle of not having a spare car though.
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This is insane...I paid $42k new, sticker was $47,680 and Carmax is asking $48,998.
