Jeep wranglers have been one of the most popular off-road vehicles since they were released. People love the Jeep brand, and they trust it because they know they can count on it to get them out of almost any situation. They are really good in a number of different activities, including off-roading, but do hold their value really? Let’s dive into the article to find out.
Do Jeep Wranglers Hold Their Value?
Jeep Wranglers do hold their value and are known for having the highest resale value of any SUV While originally designed for rugged off-road use, today’s Jeep Wrangler is a great family vehicle that’s fun to drive.
The reason Jeep Wranglers hold their value so well is because they are known to last over 200,000 miles with proper care. They also have a loyal fan following who would rather buy used than drive another brand. For those who love the outdoors, the Jeep Wrangler can be an important part of many adventures
How much do Jeep Wranglers Depreciate?
Table showing 2015 Wrangler resale value after 3 years in 2018
|2015 Jeep Wrangler good condition (36k miles)||MSRP (Nearest $1000)||Trade Value||Private Sale Value|
|Rubicon||$32 000||$24 000||$27 000|
|Sahara||$29 000||$22 000||$25 000|
|Sport S||$26 000||$19 000||$22 000|
|Sport||$23 000||$19 000||$21 000|
|Unlimited Sahara||$33 000||$26 000||$29 000|
|Unlimited Sport||$27 000||$23 000||$27 000|
|Unlimited Rubicon||$36 000||$29 000||$32 000|
There are many numerous factors that go into determining how much a vehicle will depreciate over time. Some of these include:
The year of manufacture is an important factor as well, since newer models are often worth more than older ones due to their improved features and technology. In addition, vehicles with lower mileage tend to hold onto their value better than those with higher mileage because they haven’t had as much wear and tear on them yet!
The condition of your vehicle also plays a big role in how much it depreciates over time.
What is Jeep Wrangler Resale Value?
Jeep wranglers are known to keep 60% or more of their value after 5 years. Resale value is determined by a number of factors, most notably the car’s condition and mileage. A well-maintained Wrangler with low miles will fetch more money than one that has been beaten down. However, many other factors come into play as well.
One of the biggest influences on resale value is vehicle supply and demand. If there are more Jeeps for sale than people looking to buy them, you’ll get less for yours when you sell them. The key is to find a happy medium where buyers outweigh sellers but not so much that supply exceeds demand.
Many factors determine how much a vehicle depreciates. The factors include such things as a model, year, make, and residual value. Most vehicles lose value at the same rate until they are three years old.
After that, they begin to depreciate at different rates based on their initial value. Just like most things in life, vehicles just don’t seem to last forever. There is a certain amount of depreciation that occurs each year and it increases as the vehicle gets older.
What Jeep Wrangler model has the best resale value?
The best resale value is with the Rubicon trim level. The Rubicon is the most expensive model, but also has the highest resale value. It’s a win-win as you’ll get more money back when it comes time to sell it, or you can purchase a used Rubicon model at a large discount.
A Wrangler’s resale values after several years are very strong compared to other vehicles and perform better than the average.
As you might expect, nothing is ever the same as new. If you want your used jeep wranglers to be worth their value, they need to be in excellent condition. You need to keep in mind proper maintenance and good repairs when necessary. If you find this content helpful, kindly share.