Gladiator worth

[GOBDAN]

Anyone else seeing these adds of 15% off your gladiator ? Are gladiators losing their value or it just a reliability issue ?

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[High Alextude]

Ugh

 

[Tom C]

Nope, I bought our gladiator 6 weeks ago for 18.25% below stick price, so the value must be going up. ?

 

[Gvsukids]

Ugh

Must be something about a thread count.

 

[Badunit]

Supply vs demand. Overestimated the demand. Supplied too many. Need to sell them. Lower price increases demand. Price (value) of already purchased (i.e., used) vehicles typically goes down too. Plenty of reasons can be guessed at for why supply exceeded demand. Increased competition, miscalculating people's ability to purchase (inflation pressures), miscalculated the market for this particular style of vehicle, sell price set too high, and on and on.

A vehicle purchase is not an investment. You are buying a tool. If you want to time the market to purchase this tool new at the lowest possible price, buying one of last year's leftovers is a great way to do it.

 

[Hootbro]

It's the time to buy, not so much the time to trade if you currently own a JT. With 201 days of supply currently, they are glutted on the dealer lots with them.

Playing with the numbers of my 2022 Rubicon, it has dived 38% off what I paid a year ago. Just from the beginning of September to now, trade in value has drop $6K.

The salad days are over trading in and up without taking a bath.

 

[Terminus33]

I must be one of the lucky few, my Gladiator is still "worth" what I paid for it because I'm not planning on selling it.

 

[Seymore76]

Mid West GA they are still going for close to MSRP and not many on the lots. We have been seeing the used market come down though.


Sey.

 

[Bodine150]

It's the time to buy, not so much the time to trade if you currently own a JT. With 201 days of supply currently, they are glutted on the dealer lots with them.

Playing with the numbers of my 2022 Rubicon, it has dived 38% off what I paid a year ago. Just from the beginning of September to now, trade in value has drop $6K.

The salad days are over trading in and up without taking a bath.

Ordered a 2023 Mojave in July. At the time of order the dealership gave a $44,500 trade in value on my current 2021 Mojave with 20k miles . It finally came in last week and they said the used Gladiator market was flooded and while they didn't want to take it on trade they did offer 36k . I thought that was ridiculous and took it to CarMax and was offered 34k ! We are talking about a showroom condition used vehicle . I was going to be financing and had to walk because even though I had equity I wasn't going to take that kinda hit. Just for curiosity sake I asked how much they would offer trade in wise on the 68k Mojave that just came in with say 2k miles. They said around 36k ? holy hell. I get its a depreciating asset but damn. They went from a vehicle with the lowest depreciation to one of the most quickly!

 

[Guns_N_Rosaries]

Is it not just dealers trying to get rid of MY 2023s before the 2024s start popping up on lots. Nobody wants to buy a brand new vehicle, and it's last year's model.

 

[Casique]

I think some smart guy said it before "Its the economy stupid"..... Comment NOT directed at anyone here.

 

[Hootbro]

Ordered a 2023 Mojave in July. At the time of order the dealership gave a $44,500 trade in value on my current 2021 Mojave with 20k miles . It finally came in last week and they said the used Gladiator market was flooded and while they didn't want to take it on trade they did offer 36k . I thought that was ridiculous and took it to CarMax and was offered 34k ! We are talking about a showroom condition used vehicle . I was going to be financing and had to walk because even though I had equity I wasn't going to take that kinda hit. Just for curiosity sake I asked how much they would offer trade in wise on the 68k Mojave that just came in with say 2k miles. They said around 36k ? holy hell. I get its a depreciating asset but damn. They went from a vehicle with the lowest depreciation to one of the most quickly!

Yeah, it is brutal. Yours almost mirrors what I had gone through with my 2022 Rubicon. Had it at the dealership last May for a Jeep wave service and was window shopping a new Gladiator they had on the floor. They offered me $47K for trade in then. Fast forward a few months last September, was kicking some tires at another dealership and was offered $40K. Got a Carmax offer of $34K yesterday and the first dealership updated my last May offer to now give $36K for trade in. That is enough for me to stay pat with what I have. Scratching that new vehicle itch is going to have to wait.

 

[Blkbean36]

Anyone else seeing these adds of 15% off your gladiator ? Are gladiators losing their value or it just a reliability issue ?

Lots of dealers in the DFw area have Gladiators marked down 20% or more. Bought a 23 Sport S for 25% of MSRP. Some of those dealers want to add warranty packages for $3-4k though as part of the deal.

 

[Gvsukids]

Ordered a 2023 Mojave in July. At the time of order the dealership gave a $44,500 trade in value on my current 2021 Mojave with 20k miles . It finally came in last week and they said the used Gladiator market was flooded and while they didn't want to take it on trade they did offer 36k . I thought that was ridiculous and took it to CarMax and was offered 34k ! We are talking about a showroom condition used vehicle . I was going to be financing and had to walk because even though I had equity I wasn't going to take that kinda hit. Just for curiosity sake I asked how much they would offer trade in wise on the 68k Mojave that just came in with say 2k miles. They said around 36k ? holy hell. I get its a depreciating asset but damn. They went from a vehicle with the lowest depreciation to one of the most quickly!

Guess you better enjoy it, it's not worth much sitting at the mall

 

[Sandevino]

Lower price (15%) but 6.9% APR isn’t attractive.

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