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Old 12-11-2014, 09:55 AM
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2014 vs 2015 Summit/Overland - Future Resale

I am looking at purchasing a JGC soon and have both 2014 and 2015 models available in my area which fit my needs.

Question is: With the current incentives of $2000 (2014) vs $500 (2015), am I likely to recover the $1500 in resale if I go with the 2015 vs the 2014? I usually keep cars for 5 years and log about 13K miles/yr. It was brought up to me that since I am buying the 2014 at this point in the year, it will be a lower mileage 2014 when I go to sell (and could enhance resale down the road), vs the 2015 which would end up being a higher mileage 2015 (after 5 years) due to buying it relatively early in the production cycle.

Thoughts?

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Old 12-11-2014, 10:34 AM
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Re: 2014 vs 2015 Summit/Overland - Future Resale

Since you mention price I feel compelled to ask, have you heard of the group buys? You'd save more than 500 on a 15......
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Old 12-11-2014, 10:47 AM
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Re: 2014 vs 2015 Summit/Overland - Future Resale

2015 w/ group buy discount
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Old 12-11-2014, 11:00 AM
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Re: 2014 vs 2015 Summit/Overland - Future Resale

Yes I am in Texas so am familiar with the group buy. I did not mean to say in my post that I think I will only get 500 or 2000 off the sticker. I expect to get the 5.5% below invoice + the Chrysler rebate. So the delta is 1500 between the 2 vehicles (not accounting for the price increases between 2014 and 2015). Will I recover that 1500 after 5 years and 63k miles because I have a 1 year newer car to trade in? I realize no one can really answer that question but am looking for feedback from others based on similar experiences.
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Old 12-11-2014, 11:14 AM
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Re: 2014 vs 2015 Summit/Overland - Future Resale

I'd confirm that you can actually combine the $2000 rebate with the group buy discount. My guess would be no.
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Old 12-11-2014, 11:26 AM
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Re: 2014 vs 2015 Summit/Overland - Future Resale

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Originally Posted by Plik View Post
I'd confirm that you can actually combine the $2000 rebate with the group buy discount. My guess would be no.
Usually can since these are manufacturer incentives and don't cost the dealer anything. The DC group buy (greater discount than Houston) allows all eligible manufacturer incentives on top of the group buy discount, for example.
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Old 12-11-2014, 11:52 AM
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Re: 2014 vs 2015 Summit/Overland - Future Resale

You need to get more money off to justify the 2014. Maybe the dealer can kick in $2-3000 additional.
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Old 12-11-2014, 12:38 PM
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Re: 2014 vs 2015 Summit/Overland - Future Resale

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Originally Posted by AAAA View Post
You need to get more money off to justify the 2014. Maybe the dealer can kick in $2-3000 additional.
The 2014 model I am looking at is a June 2014 build so I am not as concerned about the early build problems of the 2014's. What should I be worried about if I go with a 2014?
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Old 12-11-2014, 01:30 PM
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Re: 2014 vs 2015 Summit/Overland - Future Resale

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Originally Posted by Jim_in_PA View Post
Usually can since these are manufacturer incentives and don't cost the dealer anything. The DC group buy (greater discount than Houston) allows all eligible manufacturer incentives on top of the group buy discount, for example.
My understanding from Shannon is that the Texas group buy does let you add on any factory incentives that are available. So a 2014 would be 5.5% below invoice + an additional $2000 off for the 2014 and $500 off for the 2015.
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Old 12-11-2014, 01:36 PM
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Re: 2014 vs 2015 Summit/Overland - Future Resale

Quote:
Originally Posted by ejgc View Post
The 2014 model I am looking at is a June 2014 build so I am not as concerned about the early build problems of the 2014's. What should I be worried about if I go with a 2014?
So that MY14 came off the line right about the time they were "switching over" to MY15 production. The "switch" was predominantly in name only, outside of enhancements/feature add to the Summit and some package changes lower down. So while it's true that early issues would be behind you, you'd still be buying a vehicle that from a model year perspective had been in production since early 2013. (MY14 started shipping in about March 2013 as an early release after a very short MY13 "year")

Even with the future trade question still on the table, I'd also need some additional incentive available to opt for the MY14 over the MY15, especially for a Summit.
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Old 12-11-2014, 01:41 PM
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Re: 2014 vs 2015 Summit/Overland - Future Resale

I'll ask Mark about that $500 extra incentive when I pick up my JGC, hopefully this month.
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Old 12-11-2014, 02:34 PM
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Re: 2014 vs 2015 Summit/Overland - Future Resale

Quote:
Originally Posted by Jim_in_PA View Post
So that MY14 came off the line right about the time they were "switching over" to MY15 production. The "switch" was predominantly in name only, outside of enhancements/feature add to the Summit and some package changes lower down. So while it's true that early issues would be behind you, you'd still be buying a vehicle that from a model year perspective had been in production since early 2013. (MY14 started shipping in about March 2013 as an early release after a very short MY13 "year")

Even with the future trade question still on the table, I'd also need some additional incentive available to opt for the MY14 over the MY15, especially for a Summit.
This is what I am trying to understand. What is the concern with buying a vehicle that's been in production longer than normal? When I go to trade it in in 5 years it will be a low(er) mileage 2014 compared to many other 2014's. I agree that for a Summit there are meaningful enhancements (which I value) but how much are you willing to pay for the acoustic glass, active noise cancellation, lighted door sills, and cargo mat? Right now that is about a $1900 delta when you look at a MY14 vs the MY15. For an Overland you do not have these enhancements so the case to buy a MY14 and save the $1500 seems more compelling.

Financially though, I think you come out ahead saving the $1500 up front. You could look at it as getting a free 0 deductible maxcare warranty for 6/70 vs buying the MY15.
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