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Is the WK2 worth the upgrade from a 2010 Limited?

5K views 25 replies 17 participants last post by  J13ntv 
#1 ·
I've been thinking hard about trading in the 2010 Limited...

The wife doesn't think it's worth it... The 2010 is a fantastic SUV... it's pretty well fully loaded. chrome wheel package, hemi, etc. It's fast. It's comfortable. It works.

BUT

Keyless Go, power liftgate, 20'' wheels, pano sunroof.... 4 inches of rear seat legroom...

I'm guessing about a 10k spread to get into an 2011 Overland. Is it worth it?
 
#2 ·
Well as Matt the finance major put it to me when I was questioning trading in for a 1 year older overland from my jeep...

It's going to end up costing one way or another. You owe 25k now but that's already got some interest paid. A new loan means you hit the restart button on the interest.

Again, not worth it for a few extra ponies in an SUV.
 
#4 ·
The facts are these, if you like the new jeep and dont mind paying for it, then you'd be crazy to stick with the 10. the 11 is sooooooooo much further ahead of the last gen jeep, i know, i had an 08 limited before trading. This new jeep is in a different league. The exterior looks a lot better, the interior has been upgraded as was the sound system. Overall, the new jeep is more like a bmw x5 than a 10 limited. If the money isnt going to hold you back, jump on the new jeep my man, you'll be glad you did.

Dont get me wrong, your current ride is very very nice. You aint driving a yugo....but the new jeep is a step up, no question. Go test drive an overland with the hemi and then talk to me.
 
#5 ·
I'm swapping in a 2008 Patriot for mine, but that's a whole different world.

For you, I don't know that I would. one year of depreciation will be absolutely murderous. A $30-35K Grand Cherokee might only bring $20-25K. That's going to hurt. Plus the additional time on the resulting loan. I know if I'd have bought a GC back in 08, I doubt I'd be awaiting my own 2011... the only reason I went Patriot is because I couldn't find a seating position in the GC that didn't have the top of my head against the headliner (I'm only 5'11', but I have a tall torso and short legs).
 
#6 ·
I would say that you should wait one more year and give the model a chance to develop. That, and the ability to see if "late availability" features are to your liking. I don't think you could make a deal at your '10 + $10k. There were lots of posts about dealers selling new '10s off the lot for a $11k discount, so where does that put your depreciation factor when you have miles on the Jeep?
 
#7 ·
I like the 2010 JC...but to tell you the truth, I didnt even consider the 2010 model when deciding on the 2011 JC. Its that good. That being said, its hard to trade-in so soon but if you can live with the loss in value...I don't think you would regret your decision.
 
#9 ·
I think my general approach is -- if they want to make me a decent deal, then I'll probably do it.

But, if they expect me to take it in the shorts, then I am probably better off passing on it.

I really do like the new design of the 2011's. Had I known more about what's out, I probably would have held out.
 
#13 ·
I guarantee you'll take it in the shorts. I'm getting an ok deal- not a fantastic one, but not awful. Part of that is my wife's employer purchase program price, but they just play harder for the trade. There's no way you'll get good trade value with the new 2010s going for well under sticker. The 2011s are cheaper MSRP-wise, and that will also drive down the value of late model used.

Sorry, but I just don't think you're going to get much slack cut for you by the dealer. Best to sit it out a couple years and jump in once you've paid down more and they've added things like the 8 speed transmission.
 
#10 ·
With my past experience, you will take it in the rear, bad, with a year old model. Like previously stated, dealers are offering HUGE discounts to dump the 2010's on the lots. Sure the 11's are nice but they will be even nicer in a few years. I'd wait a bit, you already have a kickass rig.
 
#11 ·
Money isn't an issue.. go for an 2011, its ride/quality is beyond any 2005-2010 and rear leg room, if needed, is a GREAT improvement.
 
#14 ·
I know I am going to wait...my Parents just got a 2011 X5 with the 8-speed tranny...someone on here compared the WK2 to the new X5...if that is the case then it will be an even less-involved driving experience...more comfy, more technology with newer looks...problem with the WK2 IMO is my 2wd Hemi is prolly 500+ pounds less than the new WK2, with it potentially being closer to 1K pounds from what I have read.

You will get reped by a dealer...hang in there and get the 2013 SRT8 like I will prolly do!

Does anyone know if the WK2 shares the same bolt pattern/offest as the current WK?
 
#15 ·
I've read bolt pattern is the same but backspacing you need +.. not sure the number.. Its on the forum if you search.. Possibly under the mopar rim thread.
 
#17 ·
Tough call, I had no intention of trading up when I went to go check out the new ones and after seeing it in person and test driving it I changed my mind. My situation was different though, I had a 06 and was able to get about 6k more than I owed. If mine was newer and would have been upsidedown I think I would have kept to the original plan and waited till next year and the new tranny at least
 
#22 ·
yea see i know how you all feel!!! I know i want a WK2 just like most people yet with this being the first year of the car we all know in the next few years they will come out with many diffrent things for them and tweak this and that to make it really nice!! i would just wait for like 3-4 years then get one like i will and i have a 07 with 72K on the clock
 
#23 ·
I have an offer on the table that includes, my 2010 Limited for a special order (of my choice) Overland Hemi. Delta is 12,580 (plus T&L on that).

I'm still working to get that down. I think they can do better.

Affiliate reward pricing plus the 1k rebate for existing gc owners.

what do I do... still not worth it? I figure it's about a 28k trade. When it was said and done, I paid 37,210 for the Limited -- but they gave me 5k more on trade than they should have as part of that. (taxes not considered here since that's my locale specific). sticker on the 2010 was 43,875.
 
#26 ·
If you feel its worth a 12k investment go ahead.. As scott said the resale of the 2011 should be higher then previous years. As well you mentioned you figure your getting about 28k for your trade in.. If you sell outright to a private party, how much do you think you'd be able to get?? Possibly worth the shot on ebaymotors/cars/local?
 
#24 ·
ugg man yea its a tough call, im not gonna lie, just depends on what your pockets can do and how deep they can go!! i know like i said i would maybe wait for some time and just enjoy your new jeep then in a few years once they have all the bugs worked out on it and the 8 speed trans comes out then trade it in for a new one with all the bugs worked out on it there ya go...

at least thats what i will try and do if i don't go get a Infinity Fx or something till then :)
 
#25 ·
it depends on what you think the resale value of the 2011 is gonna be when your ready to sell/trade. IMO...the 2011 will hold its value better than the 2010 becasue of the better materials used, better fit and finish, better quality controls and the better options. Its also moved up into the luxury segment of SUV's...which tend to hold their values better.
 
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