Test drove a Jeep Grand Wagoneer with the high output 3.0L twin turbo

[CKN]

Channeling your inner Yoda?

Does one really need to?

 

[CKN]

There are people who buy a nice car and then cheap out on maintenance. They want to give the impression of being rich, but they don't actually have much cash on hand. They can usually be found driving used car lot BMWs and escalades with huge rims.

OK - is that what we do on here- make excuses for gross generalizations- just because the poster who made the less than accurate statement is otherwise entertaining?
Kumbaya....

 

[JHZR2]

Wow, that’s heavy and expensive. I’ve seen a number of these around and the lines aren’t as nice as I’d hoped in real life. Keep has historically had handsome lines, but there’s something about this one that is just not enough and too much at the same time.

The 3.0L engine is awesome though. Glad they made it. I assume it will be available in other lower cost and more desirable vehicles.

 

[Skippy722]

Wow, that’s heavy and expensive. I’ve seen a number of these around and the lines aren’t as nice as I’d hoped in real life. Keep has historically had handsome lines, but there’s something about this one that is just not enough and too much at the same time.

The 3.0L engine is awesome though. Glad they made it. I assume it will be available in other lower cost and more desirable vehicles.

Agreed. I think it looks good from the front, the sides I’m not a fan of, and the back window just looks goofy.

 

[OVERKILL]

CAAM,

I don't have the time to do a proper write up on my post- but here is a little sample. Selling $100k vehicles at 16.9 percent interest to high risk borrowers may at times be more profitable than financing $35k Toyotas and Hondas at 5.2%. How many vehicles does Toyota and Honda Financial need to finance at 5.2% to get the same (near window) return of one 100k 16.9% loan. Yes, Chrysler will end up writing off the loans down the road, but in the near term those loans and much more profitable than Toyota/ Hondas sure thing loans at 5.2%, of which Honda and Toyota are likely paying 4% for the money- a 1.2% spread. Chrysler is likely paying 8 % for the money, a 8.9% spread.

So- in theory Honda has to sell $900k worth if vehicles (27 cars), to get the same rate of return as one $100k Grand Wagoner. Of course, this theory is a huge short term gain for Chrysler financial, but will collapse the financial arm during a recession, even a miled recession.

"Chrysler Capital is one of the largest providers of subprime loans for automotive purchases in the US. Subprime loans are made to consumers with poor credit ratings who don't qualify for the best deals."
https://www.slashgear.com/stellantis-will-purchase-its-own-in-house-financing-company-05689642

At least in Canada, the standard method of financing for FCA (now Stellantis) is they send it out to the major banks (RBC, Scotia, TD, BMO) and those banks will all come back with their rate, and whether they are interested in making the deal. None of these lenders are giving somebody a 16.9% loan on a vehicle they can't qualify for.

Chrysler Capital (not owned by Stellantis, as your article notes) is not an in-house financier for Stellantis, unlike Ford Credit and GM Financial.

On that note:

The subprime lending branch of General Motors

GM Financial, finances auto loans and leases. GM Financial specializes in loans to those who have credit scores under 620. The company recently received a subpoena by the Department of Justice for documents relating to its operations going back as far as 2007.

There are used car dealerships that specialize in insane rates for high risk buyers. This is usually not a market dealerships cater toward, and certainly not with high dollar vehicles.

 

[CanAmAndMore]

There was just a minute ago an ad on TV for ram trucks.
The interest rate is 4.9% on new rams.

 

[Hermann]

Agreed. I think it looks good from the front, the sides I’m not a fan of, and the back window just looks goofy.

I see minivan.

 

[JHZR2]

I see minivan.

Too bad you can’t fit a lower pressure low inertia turbo version of that 3.0 into a minivan… or can you??

 

[CKN]

At least in Canada, the standard method of financing for FCA (now Stellantis) is they send it out to the major banks (RBC, Scotia, TD, BMO) and those banks will all come back with their rate, and whether they are interested in making the deal. None of these lenders are giving somebody a 16.9% loan on a vehicle they can't qualify for.

Chrysler Capital (not owned by Stellantis, as your article notes) is not an in-house financier for Stellantis, unlike Ford Credit and GM Financial.

On that note:


There are used car dealerships that specialize in insane rates for high risk buyers. This is usually not a market dealerships cater toward, and certainly not with high dollar vehicles.

Even most mainstream car dealers (Chevrolet, Ford, VW) have banks that will lend to those buyers who have a FICO below 700. Contrary to what's stated-they are not buying a $100,000 vehicles-but the dealership doesn't want to let a sub $10,000.00 deal walk away either.

 

[Skippy722]

Too bad you can’t fit a lower pressure low inertia turbo version of that 3.0 into a minivan… or can you??

No, I want a 510HP minivan!

 

[CanAmAndMore]

No, I want a 510HP minivan!

Make those front tires beg for mercy

 

[Skippy722]

Make those front tires beg for mercy

That reminds me…. Wife was upset about her tires earlier this week. They’re already begging for mercy

 

[CanAmAndMore]

That reminds me…. Wife was upset about her tires earlier this week. They’re already begging for mercy


View attachment 167019

Take out half of the spark plugs and throw them away...it will spin less lol

 

[dumkid]

Or an intake restrictor plate, I've only seen those for carbed vehicles though

 

[MCompact]

No, I want a 510HP minivan!

How about a Renault Espace F1? From Top Gear: "The Espace F1 concept was as terrifyingly brisk as you would imagine. It weighed in at 1,300kg, did 0-62mph in 2.8secs and had a top speed of 193mph thanks to the 3.5-litre V10 motor that produced 789bhp and 520lb ft and could rev up to 13,800rpm, mated to a six-speed semi-automatic sequential gearbox. All this despite having the aerodynamics of a bouncy castle."

 

[4WD]

What a huge waste of $$! It drinks gas like crazy, and Jeeps have a terrible dependability record. I suppose at $107k selling price, it will sell ok, as long as our country is afflicted with toxic masculinity, and we have 40+-year-olds with a Junior High School mentality...It seems these Jeeps, Rams and other Hemi-powered vehicles are a symptom of what is wrong with our country. Burn the earth...burn it all down, they say...climate change is just a myth, right?? LOL

 

[CarDoc66]

The Hemi in the SRT Durango I rented was a joke and thirsty.

Sounds like Dodge made a decent engine for daily driving a larger SUV.

Are you sure it was an SRT and not an RT? A 6.4L Durango will put down a sub 5 second 0-60. I think you drove an RT, rental companies generally don't have SRT vehicles.

 

[CarDoc66]

I prefer not to crap all over our earth...we only have one...as to my neighbors who think climate change is a myth...to bad, so sad.

The earth (being approximately 4 billion years old) has gone through many climate changes waaayyy before we got here. Climate change is not a myth, but assuming we are the sole cause of it is pretty naive.

 

[LDB]

Climate change is whatever you want it to be to get money from the gullible. Choose the time span and you can make the climate change anything you want it to be. Warming. Cooling. Static. It all depends on what year you start and what year you end your data. And the gullible buy it.

 

[Allaneddie]

Wow, that’s heavy and expensive. I’ve seen a number of these around and the lines aren’t as nice as I’d hoped in real life. Keep has historically had handsome lines, but there’s something about this one that is just not enough and too much at the same time.

The 3.0L engine is awesome though. Glad they made it. I assume it will be available in other lower cost and more desirable vehicles.

Given its power that turboed 3.0 Liter would make a fine Challenger or Charger engine.