Originally Posted by Technosavant
Resale value only really matters if we're talking about similarly priced vehicles to begin with. As you point out, what's the big whoop if the vehicle is worth less later on? It costs less from the get go! The only difference will be if the difference in remaining value is more than the original cost, and given how more expensive vehicles tend to be more problematic in later life, I'd expect the Jeep to come out better.
Furthermore, there's the issue of total cost of ownership, and that factors in the cost of maintenance and everything else. A Jeep just won't cost as much to maintain. Even the luxury brands with "no cost maintenance" has that rolled in to the initial purchase price, and most vehicles require little more than oil and filter changes for the first 90K anyway (by which time the BMW maintenance plan has run its course).
I don't begrudge the people paying more for a luxury brand, but when I bought, I didn't see the need to pay $10K more just for that brand. My Overland has pretty much all the features I might have expected to find in a Lexus or BMW, and it provides them at about 20% less right off the bat.
The difference between "premium" brands and the more "pedestrian" ones is closing extremely rapidly. We are to the point where the dealership experience is really the only difference. There's more variation in Jeep dealers than there is with Acura or Mercedes. With the "premium" ones the dealers are going to tend to be more consistent in their good treatment of the owner.
Well said. I agree 110%. Its like anything that is initially new, cutting edge, when automobile makers try to stick it into their vehicles and charge a premium. Those days are coming to an end quickly.
Remember when the Lexus LS was parking itself (more or less).. and now Ford offers that feature AND does it better than the initial LS I imagine.. probably on par with the current.
The difference to me has always come down to:
1 - the styling of the vehicle
2 - the quality, fit and finish of the vehicle inside and out
3 - the technology, features, and ride
4 - interior quality and features (can be rolled into #2)
Usually US made vehicles have neglected the consumer in 3 out of 4 (if not all 4) items consistently.
They built shells with wheels. They served a purpose. Carry passengers or cargo from point a to point b.
Foreign auto makers focused many times greater on the user experience.
Finally over the last few years, we've seen major strides in the US auto industry as to how they are viewing through the consumers eyes. Better build, somewhat better styling (although they still got ways to go here), improved interior and technology.
They finally realized that people want a comfy, cozy, well thought out interior with quality materials and features > power windows and A/C.
If Kia and Hyundai has started to catch up and make good looking vehicles inside n out and have reasonable pricing - there is no reason the US cant do similar if not better.
So, as the gap starts to close quickly between what the premium makers can offer and what becomes more common in vehicles offered by US automakers, I also find there little reason to pay a premium to get a name.
Unless they start offering satellite controlled driving or add wings, I cant see them shoving anything substantial to justify the price tag.
All the features that were once 'premium' are very common nowadays.
i.e. heated/cooled seats, laser assisted cruise ctrl, park assist & rear camera, premium audio, navigation, etc etc etc.
So I say if anyone wants to spend an additional 30-50k on their Rover just so they can have an LCD instrument panel.. have fun and hope you dont find any bad pixels