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  #13  
Old 11-09-2010, 10:09 AM
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Re: Wk2 chosen over 'other' luxury brands

It's quite unusual for people to be comparing a chrysler product -- let alone a Jeep -- to MB, Audi, BMW, and the other luxury brands on the basis of "luxury" and having the Jeep come out ahead.

Personally I agree in this case.
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  #14  
Old 11-09-2010, 10:29 AM
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Re: Wk2 chosen over 'other' luxury brands

Appreciate the feedback and good to know most of you feel the same. As prodijeep says, its not a cookie cutter vehicle and it certainly attracts attention.

I love the look others give when they try to figure out what the hell it is until they get blinded by the chrome JEEP on the front.

But I guess what separates me from 'them' and makes me want to be different and unique is the fact that I don't have that prickish, hey I own the road attitude that goes along with driving a rover, benz, or bmw. Now, I'm sure this isnt applicable to ALL of those folks, but many are.
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Old 11-09-2010, 10:44 AM
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I compared the Overland to the Mercedes, Lexus, and BMW. There is simply no comparison when looking ST bang for the buck. You get so much in the new Jeep, for 10 - 30k less. Heck, a buddy of mine spent 50k on a X3 and it isnt even close to the overland in any dimension. He even admitted as much after he drove mine. Even the projected resale value after 5 years is much improved in this new Jeep. I see this as a 10 year own easily.
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  #16  
Old 11-09-2010, 11:02 AM
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Re: Wk2 chosen over 'other' luxury brands

I had a whole discussion on the resale value of a jeep vs the resale of the others.

so check this - a buddy tries to convince me that if I look to sell in 5 years its gonna be worth shit and his benz will still have 10-15k over my jeep any day.

Now, I agree and disagree with this statement. First, yes his benz will worth more than the jeep in 5 years. But the 2011 should do much better in value down the road than all prior jeeps - I'm guessing.

The flip side of that argument makes his statements truly pointless when you really look at the numbers.

So I spend 43 on my overland now and in 5 yrs lets say its worth 15.
He spends 60 on his benz and in 5 yrs its worth roughly 25.

WTF is so complex about that math? You spend 17k more buying the vehicle. The vehicle is worth around 10-12k more in 5 yrs.

What exactly has he gained? What have I lost?

I see it as a win due to better overall product and smaller monthly payments.

I really dont know what logic/reason some people try to make.
I think it has something to do with their justification for getting the 'brand'. hmm
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Old 11-09-2010, 11:25 AM
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Re: Wk2 chosen over 'other' luxury brands

I was looking at the X5 and a couple of other higher end jeeps. I ended up going with the Jeep because there aren't any on the road, it has a lot of newer technology and its like 10-15K less then everything else. I'd love a brand new X5 but its twice the amount of money
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Old 11-09-2010, 11:37 AM
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Re: Wk2 chosen over 'other' luxury brands

I think on road the x5 drives a little better, but it can't really be taken off road.
The MDX also drives a little better and is more efficient, but is so ugly it hurts.
The Benz ML is for soccer moms only.
Lexus GX is a really nice 4runner....I repeat, a nice 4runner.
The audi q5 is nice, stylish, and a lot of cash for what is really just a tall wagon.
The Jeep is a great value for the money, however it won't be long before you see them everywhere so if having something unique is important to you I'd look elsewhere.

I'm still on the fence about the wk2, but I don't need anything new right away so I think I will take the wait a see approach...but I am glad to see people who are getting them are happy with them.
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Old 11-09-2010, 11:38 AM
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Re: Wk2 chosen over 'other' luxury brands

Quote:
Originally Posted by RenegadeNY View Post
I had a whole discussion on the resale value of a jeep vs the resale of the others.

so check this - a buddy tries to convince me that if I look to sell in 5 years its gonna be worth shit and his benz will still have 10-15k over my jeep any day.

Now, I agree and disagree with this statement. First, yes his benz will worth more than the jeep in 5 years. But the 2011 should do much better in value down the road than all prior jeeps - I'm guessing.

The flip side of that argument makes his statements truly pointless when you really look at the numbers.

So I spend 43 on my overland now and in 5 yrs lets say its worth 15.
He spends 60 on his benz and in 5 yrs its worth roughly 25.

WTF is so complex about that math? You spend 17k more buying the vehicle. The vehicle is worth around 10-12k more in 5 yrs.

What exactly has he gained? What have I lost?

I see it as a win due to better overall product and smaller monthly payments.

I really dont know what logic/reason some people try to make.
I think it has something to do with their justification for getting the 'brand'. hmm
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.
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Old 11-09-2010, 12:32 PM
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Re: Wk2 chosen over 'other' luxury brands

Quote:
Originally Posted by Technosavant View Post
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
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  #21  
Old 11-09-2010, 12:41 PM
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Re: Wk2 chosen over 'other' luxury brands

exactly right renegade, you can pay more, but its hard to actually get more that what you can have in an overland.
i traded an x5, and chose my jeep over a range rover sport, x5, ml550, and cayenne.
unless you NEED the badge, its pointless. With the exception of the rover, those makes are all known for their sports cars anyway, jeep is the founder of the SUV segment.
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Old 11-09-2010, 01:00 PM
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Re: Wk2 chosen over 'other' luxury brands

The Grand will have a resale value that will shock most people. A Overland that is 3yrs old will have a stong very strong resale value. I see a 40K Overlands holding over 65% of its value in 36 months retail. A 25K to 28K 2011 Overland in Nov 2013 nothing can compare. Today a BMW.Audi or Merc would cost 20 to 40 thousand more than a Grand Cherokee, a Range Rover even more new. Best Buy ever.
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Old 11-09-2010, 02:08 PM
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Re: Wk2 chosen over 'other' luxury brands

the Benz, BMW and Audi will have strong residual values...the Range on the other hand.

I bought a new Range Rover in 03 and sold it less than a year later with only about 7k on the odometer and lost more than 20k on the deal.

I feel that US automakers will always be playing catch up with the Germans and the Japanese however for one reason. In the US many of the top engineering students go to work in the defense industry...something Germany and Japan don't have.
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Old 11-09-2010, 02:31 PM
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Re: Wk2 chosen over 'other' luxury brands

Just boils down to spending the extra $$ for "upbranding" is just not necessary, at least for us. We could easily afford any vehicle we wanted, but for us the Jeep is it, it will serve our needs well. We looked at Benz (uck!) Range Rover and even a tired ol' Tahoe.
In the end the Jeep won out, you can't beat the value. And it looks great!
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