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  #25  
Old 03-04-2015, 06:10 AM
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Re: Re-sale Value

Quote:
Originally Posted by Roadkill View Post
No, you're not, because here's your quote:

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.
Lord all mighty of light AKA:Roadkill, you are the right one lord! Oh how I praise your OEM Light Bulb knowledge and ability to twist words and logical fallacies to argue over said OEM Light Bulb knowledge that added no value to a Re-sale discussion! You will forever have my lord and savior of light (as I bow to my knees)!!

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  #26  
Old 03-04-2015, 06:17 AM
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Re: Re-sale Value

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Originally Posted by Boltfan View Post
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.
Like I said above, clearly my other vehicle choices have been better new car purchases and more enjoyable vehicles than the Grand Cherokee. Just let down and because I refuse to pay what the dealer is asking for the vehicle I would like now so I will stick to this one for awhile longer. Rack up some miles to make it worth its value in my eyes and then move on.

Until then I will continue to enjoy the value of the individuals that really are digging into this diesel engine and all its issues as well as software updates and little quirks. When my list hits 12 items/issues Ill take it in.

Clearly my view is different than most on here as this discussion really turned into a fanboy wagon. Need the :beatdeadhorse: smilie....
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  #27  
Old 03-04-2015, 07:36 AM
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Re: Re-sale Value

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Originally Posted by epicgc View Post
Lord all mighty of light AKA:Roadkill, you are the right one lord!
Hey man, you're the one who wanted to perseverate in being wrong—you derailed your own thread by persisting in it. I think "derailed" is a more appropriate term than "hijacking", because I'm not certain one can hijack their own thread.

On topic: hope you sort out your cognitive dissonance about your Jeep. Cheers!
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  #28  
Old 03-04-2015, 10:43 AM
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Re: Re-sale Value

You mentioned cutting your losses but obviously the only way to reduce your losses per value received is to own a new vehicle purchase, for a longer period of time. The longer you own it, the less you get your butt kicked by depreciation divided by time.

It's under warranty, so keep running it! Good luck.
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  #29  
Old 03-04-2015, 02:48 PM
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Re: Re-sale Value

Depreciation is always the worst in the first year. After that it levels off for a few years.


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  #30  
Old 03-04-2015, 03:41 PM
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Re: Re-sale Value

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Originally Posted by subbie09 View Post
Depreciation is always the worst in the first year. After that it levels off for a few years.


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Nicest thing about Jeeps has been that after several years, the depreciation pretty much flattens out. Granted this is for the ZJ range... dunno if the WK/2 will hold that type of "always worth a couple K" value.

Depreciation is most important if you lease, or have confused your vehicle with an actual investment--very few makes and models being exceptions.
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  #31  
Old 03-05-2015, 01:36 AM
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Re: Re-sale Value

i paid 42k for my 2014 eco limited...just traded it in with 41000 miles on it and got 35k for it....i cant even begin to list all the issues i had with it....happy it is gone
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  #32  
Old 03-05-2015, 08:45 AM
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Re: Re-sale Value

I was all set to pull the trigger on a new 2015. I test drove it, negotiated price and trade, but it didn't have trailer tow so I decided to sleep on it/see if I could find one near me that had it. I was using autotrader, and I forgot to tell it to search only new inventory. I stumbled across the exact car I wanted used for $12k under new MSRP. It had 12k miles and had been owned for 12 months. Assuming the dealer made some money on the trade, the trade in value was probably around $14k under new MSRP.

I was about to pay $6k under MSRP for the new one I was looking at. Assuming the first owner got the same discount when bought new, they lost around $8k for owning a new $50k vehicle for one year. That sounds about right to me. I think if anyone paid anything near new MSRP then I agree with OP that the depreciation would be bad, but with the average selling price where it is the depreciation is normal.

Off topic, I traded my 2015 STI which I drove for 10 months/10k miles for $3k less than I paid for it. I probably could have privately sold it for almost what I paid for it.
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  #33  
Old 03-05-2015, 12:03 PM
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Re: Re-sale Value

Quote:
Originally Posted by dorskh View Post
i paid 42k for my 2014 eco limited...just traded it in with 41000 miles on it and got 35k for it....i cant even begin to list all the issues i had with it....happy it is gone
I asked you on the other thread but I will ask here, what were your issues and what did you get to replace it.

Your loss, assuming the $42k was the price paid before taxes and fees is better than what I was offered in terms of only losing of $7k.

EDIT: Now that I have re-read you post and your other posts in other threads, either you stole your vehicle originally or who ever you traded it into is where I need to try and trade mine in at...... $7k loss with 41k miles..... That is NOT AVERAGE.....
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  #34  
Old 03-05-2015, 12:04 PM
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Re: Re-sale Value

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Originally Posted by jbneal View Post
Off topic, I traded my 2015 STI which I drove for 10 months/10k miles for $3k less than I paid for it. I probably could have privately sold it for almost what I paid for it.
This is what I am use to seeing with my car purchases, $3-5k loss with around similar mileage and time, nothing like what these vehicles are seeing even though they are losing at the "average" or based on my dealings higher than average rate.
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  #35  
Old 03-05-2015, 12:11 PM
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Re: Re-sale Value

Quote:
Originally Posted by Suns_PSD View Post
You mentioned cutting your losses but obviously the only way to reduce your losses per value received is to own a new vehicle purchase, for a longer period of time. The longer you own it, the less you get your butt kicked by depreciation divided by time.

It's under warranty, so keep running it! Good luck.
While this is true, my time is more valuable to me then spending time dealing with the dealership. The only positive outcome would be if I had to invest the time like I had to with my previous vehicle that was lemon'd that this one would be lemon'd too. So, my happiness and time value make it to where I am fine taking a couple thousand loss and moving on with life.

Quote:
Originally Posted by subbie09 View Post
Depreciation is always the worst in the first year. After that it levels off for a few years.
Well known concept, I am hopeful that most individuals in this forum are smart enough to have this one covered by now.

Quote:
Originally Posted by lstowell View Post
Depreciation is most important if you lease, or have confused your vehicle with an actual investment--very few makes and models being exceptions.
Like above, I hope most people here are smart enough that they know vehicles for the everyday person are not an investment piece. Granted anymore, most people I really am starting to worry about. Just seems to be the way the world works anymore.
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  #36  
Old 03-05-2015, 12:19 PM
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Re: Re-sale Value

I guess since this thread has been a severe let down of information I will restate what I was hoping to get out of it other than general financial knowledge and what the OEM light bulb is of a Toyota 4 Runner.

I have seen multiple people on here trading in their 2014 JGC Ecodiesel's to either A) get rid of them or B) get a 2015. Here is what I would like to know:
  • Months Owned
  • Trim
  • Mileage
  • Loss (Amount between Paid and Trade-in Value)

When coming up with the loss impact let's use the actual vehicle price vs OTD price with Taxes/Title/Fees.
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