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  #13  
Old 03-03-2015, 11:54 AM
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Re: Re-sale Value

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Originally Posted by epicgc View Post
Projector and HID is practically interchangeable. Clearly you didn't read the link I posted.
I did peruse your link. You failed to support your statement and you have clearly been shown to be incorrect. There is no HID option on the T4R. You were wrong.

Your assertion that HID and halogen projector headlamps are "practically interchangeable" is prima facie ridiculous. Honestly, I can't believe you decided to double-down rather than just admit you were wrong.

Each halogen H11 bulb in a T4R produces ~1350 lumens nominal, whereas an OEM Osram Xenarc D3S (as on our WK2 Summits) bulb produces ~3200 lumens nominal.

Do you want to continue?

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  #14  
Old 03-03-2015, 12:50 PM
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Re: Re-sale Value

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Originally Posted by Roadkill View Post
I did peruse your link. You failed to support your statement and you have clearly been shown to be incorrect. There is no HID option on the T4R. You were wrong.

Your assertion that HID and halogen projector headlamps are "practically interchangeable" is prima facie ridiculous. Honestly, I can't believe you decided to double-down rather than just admit you were wrong.

Each halogen H11 bulb in a T4R produces ~1350 lumens nominal, whereas an OEM Osram Xenarc D3S (as on our WK2 Summits) bulb produces ~3200 lumens nominal.

Do you want to continue?


This is completely off topic and not sure why I am taking the time to look up OEM bulb types like someone else , but if you want to discuss which bulb has a brighter luminosity then you would be correct. As for the general construction of the light itself, then yes, I am correct. Do they both centralize a beam of light onto the road in a similar fashion, yes. Are they better than archaic halogen reflector lights, yes. If you wanted to be picky you could call out the T4R doesn't have swivel lights, which the GC does but are not very good. One area the GC does decent is with its Auto High beam but one could say that would be a different topic at the rate we are going.

This is the most ridiculous tangent anyways when discussing a vehicle that isn't really comparable to the JGC to begin with. Considering the JGC (At least in Summit trim) is really aimed at the X5, Q5/Q7, ML and LR4 which they all have "HID/Projector/Xenon" style lighting. Most of these vehicles now have LED lighting, which most would agree is better and more efficient anyways.

This really boils down to you owning your vehicle and enjoying it while I own my vehicle and fall asleep behind the wheel with boredom. About the only thing I enjoy about the vehicles is I don't have to fill it up on a 450 mile trip. Other wise the uConnect rarely works right, the Nav sucks since you can't put anything in while the vehicle is moving unless talking to it, there are pieces missing off my vehicle that shouldn't be, things have not worked since 10 miles down the road after purchase, the amazing headlights you are raving about fog over if there is any type of precipitation, it bounces like a pogo stick off-road and the air suspension has a mind of its own and this is just part of owning a nearly $60k american made vehicle that is now worth 2/3s of that in 6 months.

I'm glad you are happy with yours and most other seem alright, unless you count all the people that have been on here having to Lemon their vehicles and wait weeks on end through multiple fault/error codes. All reasons as to why the value is terrible after a year.

I for one was hopeful that the Americans could pull off something of luxury and quality at a lower entry point than the competitors but after 6 months I have fully realized why it was cheaper to begin with.

your it.......
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  #15  
Old 03-03-2015, 01:09 PM
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Re: Re-sale Value

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Originally Posted by epicgc View Post
Not sure if anyone is really looking at this but has anyone noticed their re-sale values on their Ecodiesel Grand Cherokee's?

I have a 14 Summit and if I would have paid anything near asking price, I would want my money back. Even at what I paid I have never owned a vehicle that has dropped in value at the current rate.

Anyone else have a problem with this?
As a consumer, what would you personally pay for a used, 1 year old, vehicle of unknown history, exactly like yours? In excellent condition, expect to lose 20% for having the privilege of being the first to drive it. Now subtract dealer profit which can be quite high on a used vehicle of this magnitude, easily $5-9K, and now you know where the price came from. $57K MSRP, lose 20% cause it's used and 1 year old so $45.5K. Now subtract dealer profit.

It's no different for any used luxury vehicle.

BTW, I bought my wife's '14 recently for exactly $10K off MSRP as it was a) a leftover model year and b) had been the sales manager's untitled company vehicle and had 4K miles. I found many left over '14s with no miles for $7K off. So off the bat they have to be able to sell your used vehicle and compete with those prices.
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Old 03-03-2015, 01:12 PM
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Re: Re-sale Value

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Originally Posted by Suns_PSD View Post
As a consumer, what would you personally pay for a used, 1 year old, vehicle of unknown history, exactly like yours? In excellent condition, expect to lose 20% for having the privilege of being the first to drive it. Now subtract dealer profit which can be quite high on a used vehicle of this magnitude, easily $5-9K, and now you know where the price came from. $57K MSRP, lose 20% cause it's used and 1 year old so $45.5K. Now subtract dealer profit.

It's no different for any used luxury vehicle.

BTW, I bought my wife's '14 recently for exactly $10K off MSRP as it was a) a leftover model year and b) had been the sales manager's untitled company vehicle and had 4K miles. I found many left over '14s with no miles for $7K off. So off the bat they have to be able to sell your used vehicle and compete with those prices.
I concur. Like I said earlier, I was hoping the "Diesel's hold their value" would aid in the resale of this vehicle. I was able to get ~$8000 off the OTD price for mine anyways. So, I'm not nearly as pissed as someone who would have paid sticker.

When looking on the interwebs it does look like most dealers are listing the vehicles for sale for the $47-$50k range for a Diesel Summit of similar miles.

Guess I have just picked better vehicles historically and per Roadkill have "learned my lesson". Either I will cut my losses and go back to a high scale luxury vehicle or rack the miles up on this one to make it a worthwhile write-off.

I do have DOM's DEF protector plate still in the box if anyone is interested!
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  #17  
Old 03-03-2015, 05:30 PM
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Quote:
Originally Posted by epicgc View Post

I concur. Like I said earlier, I was hoping the "Diesel's hold their value" would aid in the resale of this vehicle. I was able to get ~$8000 off the OTD price for mine anyways. So, I'm not nearly as pissed as someone who would have paid sticker.

When looking on the interwebs it does look like most dealers are listing the vehicles for sale for the $47-$50k range for a Diesel Summit of similar miles.

Guess I have just picked better vehicles historically and per Roadkill have "learned my lesson". Either I will cut my losses and go back to a high scale luxury vehicle or rack the miles up on this one to make it a worthwhile write-off.

I do have DOM's DEF protector plate still in the box if anyone is interested!
You cant determine your depreciation based on MSRP. It is based on what you paid vs what you get for the vehicle. The actual average transaction price is one of the key factors to determining resale value.

You said yourself that you got 8k off of MSRP. That is almost 15% for a brand new car. How do you not expect those types of discounts to impact resale values?

Further, trade value is a wholesale transaction whereas yours was a retail transaction. If you take the time to retail your vehicle private party, then the depreciation is even less.
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  #18  
Old 03-03-2015, 05:41 PM
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Re: Re-sale Value

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Originally Posted by Boltfan View Post
You cant determine your depreciation based on MSRP. It is based on what you paid vs what you get for the vehicle. The actual average transaction price is one of the key factors to determining resale value.
My details around the depreciation was hypothetical as if someone paid MSRP. Clearly most people don't pay MSRP. My depreciation impact if everyone here went to trade in their vehicle and all got the exact same quote is going to be different. Call it $41k is the value, for the sake of having a number, I would take a loss of $9k for what I paid where you might take a loss of $10k for what you paid. Just another example where if we all bought the exact same vehicle and got the exact same trade in offer.

Quote:
Originally Posted by Boltfan View Post
You said yourself that you got 8k off of MSRP. That is almost 10% for a brand new car. How do you not expect those types of discounts to impact the resale values?
Ahh, here is another detail where what I paid isn't or shouldn't be what everyone paid. How much did you get get off MSRP/OTD price? Did you get $8k? General population shouldn't get $8K. Even when looking at TrueCar.com their average is at least $3-4k higher than what I paid. So, I wouldn't expect this to impact my vehicles value that deeply.

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Originally Posted by Boltfan View Post
Further, trade is value is a wholesale transaction whereas yours was a retail transaction. If you take the time to retail your vehicle private party, then the depreciation is even less.
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  #19  
Old 03-03-2015, 06:56 PM
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Re: Re-sale Value

The April 2015 Consumer reports auto issue came yesterday. There is a section in there on how much value your new car will lose over the years. Some models maybe more some models maybe less but this is what they state as typical vehicle depreciation based on new car price.

After 1 Year - 27%
After 2 Years - 37%
After 3 Years - 46%
After 4 Years - 56%
After 5 Years - 64%
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Old 03-03-2015, 07:11 PM
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Re: Re-sale Value

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Originally Posted by silvermax04 View Post
The April 2015 Consumer reports auto issue came yesterday. There is a section in there on how much value your new car will lose over the years. Some models maybe more some models maybe less but this is what they state as typical vehicle depreciation based on new car price.

After 1 Year - 27%
After 2 Years - 37%
After 3 Years - 46%
After 4 Years - 56%
After 5 Years - 64%
If based on MSRP then this is ball-park right.

Like previously stated, I guess my last few vehicles do better than the average.
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  #21  
Old 03-03-2015, 07:56 PM
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Re: Re-sale Value

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Originally Posted by epicgc View Post
This is the most ridiculous tangent anyways when discussing a vehicle that isn't really comparable to the JGC to begin with. Considering the JGC (At least in Summit trim) is really aimed at the X5, Q5/Q7, ML and LR4 which they all have "HID/Projector/Xenon" style lighting. Most of these vehicles now have LED lighting, which most would agree is better and more efficient anyways.
and how much you will spend on X5, ML or Q7 with diesel engine and similar level of equipment? If you think that they are trouble free you are mistaken.
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  #22  
Old 03-04-2015, 12:47 AM
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Re: Re-sale Value

Quote:
Originally Posted by epicgc View Post
My details around the depreciation was hypothetical as if someone paid MSRP. Clearly most people don't pay MSRP. My depreciation impact if everyone here went to trade in their vehicle and all got the exact same quote is going to be different. Call it $41k is the value, for the sake of having a number, I would take a loss of $9k for what I paid where you might take a loss of $10k for what you paid. Just another example where if we all bought the exact same vehicle and got the exact same trade in offer.



Ahh, here is another detail where what I paid isn't or shouldn't be what everyone paid. How much did you get get off MSRP/OTD price? Did you get $8k? General population shouldn't get $8K. Even when looking at TrueCar.com their average is at least $3-4k higher than what I paid. So, I wouldn't expect this to impact my vehicles value that deeply.



Yes, I made a mistake. I was going to say almost $10k off and then switched to a percentage and confused myself. Anyhow, the GC is within the average depreciation amount. Also, a highline car would not likely be any better.
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  #23  
Old 03-04-2015, 02:28 AM
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Re: Re-sale Value

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Originally Posted by epicgc View Post
As for the general construction of the light itself, then yes, I am correct.
No, you're not, because here's your quote:

Quote:
Originally Posted by epicgc View Post
Granted you are a little wrong, the T4R Limited does have HID lights
No matter how you try to twist your words, your statement is incorrect: no T4R has ever had factory HID lights. HID lights and halogen projector headlights are not the same thing, no matter how much you dislike admitting when you are wrong.

Feel free to continue with the ad hominems and other logical fallacies, but it won't change the basic fact that you were wrong.
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  #24  
Old 03-04-2015, 06:07 AM
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Re: Re-sale Value

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Originally Posted by isstay View Post
and how much you will spend on X5, ML or Q7 with diesel engine and similar level of equipment? If you think that they are trouble free you are mistaken.
This is the logic that lead to me my decision, "Hey, similar options even more options at $10k less! What could be so bad?!".

Our X5 has had nothing but tires replaced on it and one "large fix on us" as BMW has refused to call it a recall. Otherwise flawless for 50k miles and everything works, all the time..... Plus we get a loaner every time and are never stranded. Another reason I refuse to take the Jeep in to get it fixed because my time is not worth sitting at the dealership.

Typically I use the mentality that you get what you pay for. This purchase was a validation.
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