Buyer's remorse

[dmwphoto]

sell it and be done with it. No biggie

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[GWolgamott]

sell it and be done with it. No biggie

Agree just sell it. Not that it matters you'll take a hit. New cars lose ton of value, someone will now get a deal on nearly new jeep.

 

[Escape.idiocracy]

These have to be one of the worst vehicles for depreciation out there right now. They are really, really bad. I mean, I have never heard of a vehicle losing 36% of msrp after 2 months.

Meh. It is what it is. But this is far from the worst…. “A lot” of European cars take a significant hit. Check out a Porsche Cayenne GTS, Mercedes GLE AMG, Audi SQ8…. Most of these take 30-40% hits within a couple years too

Buy what you can afford and enjoy… I say this, because this vehicle and the ones listed above aren’t purchased because of their practicality…. They are toys and luxury’s to life…. If we purchased for fiduciary responsibility, functionality and need, most of us would be driving significantly different vehicles…

I am curious though, you state that the vehicle insurance is one of your highest bills… you live in Washington, ball park where at?? I would complain about the gas tax up here before the insurance…. Or property tax, or half the local city taxes, utilities, lol… it was cheaper for me to live in SoCal than up here… ? ? let that set in.

 

[JW Jeep]

Jeep Gladiator has lost a significant amount of value because Jeep manufactured way too many 2023s at ridiculous msrp and right up to the first of the year. They totally screwed them selves and their customer base. I believe value might gain alittle in time ?? They didn’t even need a 24 model. They should of came out with an early 25 with some real changes that people wantEd. So far I really like my loaded Glad but paid about $20,000 too much in September 2022 for what it’s worth now ! That’s life I guess and I never had a loan so who am I to complain !! Probably keep it a very long time if it holds up well ? Still like it as much or more then the day I drove it off the lot ?

 

[BlackRuby23]

MMR is $43k.

I trust this number for wholesale. Does anybody know the best indicator for retail pricing? Edmonds and KBB are the only two I've looked up. I have title in hand, so it is an easy sale for a private party. I'm just curious as to what I should list it for.

One of my thoughts is it might be better to hold off until almost all of the 2023 models are sold, maybe a couple months or something. I have not been driving it lately as I don't want to put miles on it. The truck is in showroom floor condition without a single scratch, blemish or ding, and I want to keep it that way.

 

[Wheelin98TJ]

I trust this number for wholesale. Does anybody know the best indicator for retail pricing? Edmonds and KBB are the only two I've looked up. I have title in hand, so it is an easy sale for a private party. I'm just curious as to what I should list it for.

One of my thoughts is it might be better to hold off until almost all of the 2023 models are sold, maybe a couple months or something. I have not been driving it lately as I don't want to put miles on it. The truck is in showroom floor condition without a single scratch, blemish or ding, and I want to keep it that way.

Manheim says your estimated retail value is $48,500. This is based on Cox Automotive retail transactions.

 

[Hootbro]

One of my thoughts is it might be better to hold off until almost all of the 2023 models are sold, maybe a couple months or something.

That is a gamble that may not pay off. The vehicle is depreciating every month regardless.

Even with title in hand, it is going to be a slog to get it over the fence sold selling private party. Something that expensive and new is a pain for buyers unless they have the cash reserves in hand already. Most people are going to have to secure their own financing and that is where a dealership is going to shine on something like this.

Dithering now in the hopes the market is something later can put you behind the eight ball. Nothing is stopping you putting it on the market now and see what offers that may come in. You do not have to accept anything you do not like, but it may give you insight into what you will have to put up with later even if you choose to sell later.

 

[BlackRuby23]

That is a gamble that may not pay off. The vehicle is depreciating every month regardless.

Even with title in hand, it is going to be a slog to get it over the fence sold selling private party. Something that expensive and new is a pain for buyers unless they have the cash reserves in hand already. Most people are going to have to secure their own financing and that is where a dealership is going to shine on something like this.

Dithering now in the hopes the market is something later can put you behind the eight ball. Nothing is stopping you putting it on the market now and see what offers that may come in. You do not have to accept anything you do not like, but it may give you insight into what you will have to put up with later even if you choose to sell later.

All valid points. I guess it comes down to how much of a loss I'd be willing to accept to unload it right now. I may keep it a few years and drive it. If I could undo the purchase I would, but c'est la vie.

I'm still waiting on the title to show up in the PO Box so I can't list it yet, but no lien. I've had this thing 9 weeks and have no idea why it's taking so long. State says it's still in "review." Not sure what that means but they say 6-8 weeks from when they actually get the paperwork from the dealer, and it's been 5 1/2.

 

[BlackRuby23]

UPDATE: I have decided to drive it for a year and revisit the purchase at the 1 year anniversary.

 

[Hootbro]

UPDATE: I have decided to drive it for a year and revisit the purchase at the 1 year anniversary.

Glad to hear. Enjoy it for what it is.

 

[MudderNuker]

Congratulations. Nevertheless, that doesn't make Gladiator an expensive vehicle to insure.

Looking at your signature "Rairdon's suck", I tend to agree. I live in B'ham for 5 years and bought two Jeeps from them. Was not super impressed by their service department. Not sure if I commented on this before. Beautiful place to live but does it rain!!!!

 

[shokker70]

Are we twins?
I need to make sure my wife reads your post. I’m glad that I’m not the only one ?

Y'all are not alone! I'm on my 3rd Gladiator already. 5 or 6 Wranglers previously!

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