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Unread 07-01-2010, 07:33 PM   #1
NY Gixxer
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How much do you think gas price affects price on a Wrangler?

I got killed on my Grand Cherokee trade in two years ago when gas was high. All the dealers whined about SUV pricing being in the toilet because of gas prices.

I ask because Wranglers seem to have a loyal following and while shopping for a 4 door JK I noticed they hold their value well.

I like to get a new car every two years and I don't want to get too far upside down. I saw somewhere (maybe Fox news) that gas could shoot up to $5.00 in the next 12 months or so.

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Unread 07-01-2010, 07:46 PM   #2
brownbagg
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one of your biggest problem is buying a new car every two years. you need to buy one about five years old and keep it twenty years. Most of the depreacaited is in the first couple years. why buy a 30k vehicle and trade it for 15k. buy the 15k vehicle first. But yes wrangler hold the value real good. I think a two door would hold better than a 4 door just because, people think two doors are real jeeps.
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Unread 07-01-2010, 08:55 PM   #3
NY Gixxer
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Oh yeah, I know it's not smart but I just get bored driving the same thing too long so I don't mind paying for it. People waste money crazy things, silly hobbies, etc...mine is cars.

I usually buy cars that are about two years old so they took most of the hit already and I don't do too bad if I sell them outright but sometimes I am lazy and trade in-that's where you lose the most.
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Unread 07-02-2010, 05:43 AM   #4
jonrjen
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I dont think gas prices will have any effect on the resell of a Wrangler. Owning a Wrangler is not like buying a car, it is more along the line of entering a Cult. Lets look at this in a real world light, just what does a Wrangler offer that makes it so popular. A short wheel base that delivers a rough ride. No real creature comfort in the form of either standard trim or options. Difficult entry and egress to the cab. Loud interior noise. Aerodynamics of a cinder block. Limited passenger space. Built by a company that could cease to exist at any time.
But on the flip side, it will run the Rubicon in stock form, provide transportation where many other vehicles can not. Quirky enough to make you smile. Doesn't look like every other vehicle on the road. Has a strong Cult following inspite of the long list above.
The only place that the MPG will come into play is when a dealership uses that excuse to lowball you on your trade in price. The end purchaser doesn't care about MPG.
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Unread 07-02-2010, 05:55 AM   #5
OneLoud
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Yeah man, that dealer saw you coming a mile away and fed you a line of bulldung that you ate up and asked for seconds!
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Unread 07-02-2010, 06:26 AM   #6
brownbagg
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so if mpg was the deal, how come the new ones are still 30k instead of 12k
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Unread 07-02-2010, 07:13 AM   #7
gogogooch
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All cars/suvs/trucks took a hit during the last gas spike - A Cherokee will take a bigger hit than a Wrangler since there are a # of other SUVs that compete with it that get better gas mileage.

Wranglers dont have as much competition but if gas goes to $5.00 a gallon the resale market could take a hit on anything running <25 MPGs

However if you actually run the #s at $5 a gallon it would cost you around $600-$1000 more a year in gas. That would not cover more than 2 car payments if you got something else.
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