Re: Jeep Wrangler Rubicon
On Fri, 23 Jan 2004 07:41:59 GMT, "Nathan Collier"
<JeepMail@7SlotGrille.com> wrote: >i paid just over $30k for mine fully dressed (dual tops, a/c, automatic >tranny, cruise, 7 speaker, the works) about 8 or 9 months ago and tried >selling it for $23,800. best i could do was around $21,000 so i decided to >just keep it. they dont seem to hold their value like i had hoped, i just >dont believe a vehicle loses $33% of its value in less than a year. 20% >maybe, but not 33%. On most vehicles after 9/11 that's pretty much in the ballpark. Why? 0% programs! The same ones you love to get are the ones that are destroying your used car market values. Reason: Payments! You can't get a 0% interest rate on a used car. The best rates out there are 3.5% (if you are the top-tier in credit you may get this) and the average on a 1 year old used car is around 5.5-6.5%. That means that a person would have to be sure that buying a new car wasn't cheaper than buying a used car. Frequently it is! To sell a used vehicle you must make sure that the price of that used vehicle is typically less than that of a new vehicle. It must be low enough that the average used car payment is far enough less than a new car payment to warrant consideration. If you save up to $4,500-6,500 on interest alone (not hard to do with average interest rates on a $25,000 vehicle) then you have to take that off of the lowest price for that kind of vehicle. From there, you have to discount it further since taking that $4,500-6,500 would only have you match the payments on a new one. Then you take into consideration that the vehicle is used, pre-titled, etc. That means it's worth less than a comparable new vehicle. To wit, yes, the values can easily drop 33% in the first year. If you REALLY want a tax write-off try most any of the current Ford 'fleeters'. Focus, Taurus, Explorer (god help those who are nuts enough to buy a 2-door Explorer Sport) and the Sport Trac. Those things can lose as much as 65% as soon as you sign on the title and drive off the lot. For instance, MSRP on a Taurus SES? $26k. Drive off the lot and you are in an $8,500-9k car. Tops. The fleets made damned sure of that. Oh, and god help those in old-body style Blazers after the new trailblazer came out. They are generally buried in them around $7,500 or more. |
Re: Jeep Wrangler Rubicon
DragonRider <DragonRider1@comcast.net> writes:
> On Fri, 23 Jan 2004 01:03:17 -0500, "JW" <jw1@wanghome.com> wrote: > > Not sure about Chryslers marketting program but with most > manufacturers you get EITHER the rebate OR the 0%, not both. Edmunds > is horrible about trying to tell everyone they get both. The dealers > can't offer what they can't get themselves. As stated above, I'm not > sure about Chrysler's programs. I just bought an '04 Sport and got both 0% and $2K rebate. I was also upsidedown on a '99 Land Rover Disco. -- -db- |
Re: Jeep Wrangler Rubicon
DragonRider <DragonRider1@comcast.net> writes:
> On Fri, 23 Jan 2004 01:03:17 -0500, "JW" <jw1@wanghome.com> wrote: > > Not sure about Chryslers marketting program but with most > manufacturers you get EITHER the rebate OR the 0%, not both. Edmunds > is horrible about trying to tell everyone they get both. The dealers > can't offer what they can't get themselves. As stated above, I'm not > sure about Chrysler's programs. I just bought an '04 Sport and got both 0% and $2K rebate. I was also upsidedown on a '99 Land Rover Disco. -- -db- |
Re: Jeep Wrangler Rubicon
DragonRider <DragonRider1@comcast.net> writes:
> On Fri, 23 Jan 2004 01:03:17 -0500, "JW" <jw1@wanghome.com> wrote: > > Not sure about Chryslers marketting program but with most > manufacturers you get EITHER the rebate OR the 0%, not both. Edmunds > is horrible about trying to tell everyone they get both. The dealers > can't offer what they can't get themselves. As stated above, I'm not > sure about Chrysler's programs. I just bought an '04 Sport and got both 0% and $2K rebate. I was also upsidedown on a '99 Land Rover Disco. -- -db- |
Re: Jeep Wrangler Rubicon
Current offer on Jeeps, including Wrangler, is 2K AND 0%. Of course,
incentive programs are subject to fluctuation, but that's what I heard from my local dealer (metro DC). B In article <tge310p8bgtrmm892bl31ai2gpmav773kp@4ax.com>, DragonRider <DragonRider1@comcast.net> wrote: > > Not sure about Chryslers marketting program but with most > manufacturers you get EITHER the rebate OR the 0%, not both. Edmunds > is horrible about trying to tell everyone they get both. The dealers > can't offer what they can't get themselves. As stated above, I'm not > sure about Chrysler's programs. -- Brian Heller It is easier to tame wild beasts than to conquer the human mind. |
Re: Jeep Wrangler Rubicon
Current offer on Jeeps, including Wrangler, is 2K AND 0%. Of course,
incentive programs are subject to fluctuation, but that's what I heard from my local dealer (metro DC). B In article <tge310p8bgtrmm892bl31ai2gpmav773kp@4ax.com>, DragonRider <DragonRider1@comcast.net> wrote: > > Not sure about Chryslers marketting program but with most > manufacturers you get EITHER the rebate OR the 0%, not both. Edmunds > is horrible about trying to tell everyone they get both. The dealers > can't offer what they can't get themselves. As stated above, I'm not > sure about Chrysler's programs. -- Brian Heller It is easier to tame wild beasts than to conquer the human mind. |
Re: Jeep Wrangler Rubicon
Current offer on Jeeps, including Wrangler, is 2K AND 0%. Of course,
incentive programs are subject to fluctuation, but that's what I heard from my local dealer (metro DC). B In article <tge310p8bgtrmm892bl31ai2gpmav773kp@4ax.com>, DragonRider <DragonRider1@comcast.net> wrote: > > Not sure about Chryslers marketting program but with most > manufacturers you get EITHER the rebate OR the 0%, not both. Edmunds > is horrible about trying to tell everyone they get both. The dealers > can't offer what they can't get themselves. As stated above, I'm not > sure about Chrysler's programs. -- Brian Heller It is easier to tame wild beasts than to conquer the human mind. |
Re: Jeep Wrangler Rubicon
On Sun, 25 Jan 2004 02:17:29 GMT, Brian <bsheller@comcast.net> wrote:
>Current offer on Jeeps, including Wrangler, is 2K AND 0%. Of course, >incentive programs are subject to fluctuation, but that's what I heard >from my local dealer (metro DC). It's good to hear they are able to do that.. but unfortunately it means that they believe they HAVE to do that to get the sale. The economy is turning around, but car sales are the last things to get speed. (sigh) |
Re: Jeep Wrangler Rubicon
On Sun, 25 Jan 2004 02:17:29 GMT, Brian <bsheller@comcast.net> wrote:
>Current offer on Jeeps, including Wrangler, is 2K AND 0%. Of course, >incentive programs are subject to fluctuation, but that's what I heard >from my local dealer (metro DC). It's good to hear they are able to do that.. but unfortunately it means that they believe they HAVE to do that to get the sale. The economy is turning around, but car sales are the last things to get speed. (sigh) |
Re: Jeep Wrangler Rubicon
On Sun, 25 Jan 2004 02:17:29 GMT, Brian <bsheller@comcast.net> wrote:
>Current offer on Jeeps, including Wrangler, is 2K AND 0%. Of course, >incentive programs are subject to fluctuation, but that's what I heard >from my local dealer (metro DC). It's good to hear they are able to do that.. but unfortunately it means that they believe they HAVE to do that to get the sale. The economy is turning around, but car sales are the last things to get speed. (sigh) |
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