goose77
Member
- Thread starter
- #1
I thought I would share my story as it has cosumed me for a week and drove me crazy. I just passed up a Launch Edition Rubicon for $8700 off of the sticker price and 2.9% for 60 months. Searching around the average seemed to be $4-6k off on Overland or Sport, but the Rubicons are coming down now.. A dealer by me is shaving mass amounts off so I went today to look at the launch edition they had on the lot. They had a TON of Wranglers and Gladiators, an unbelievable amount. That kind of changed my mind. Literally not one space was empty. They had a ton of inventory and after 30 days they start paying the bank the interest on these vehicles.
So here is why I passed on this deal. The economy is in a place it has never been and to be honest the Gladiator is overpriced compared to the competition. You can get a top trim full size truck for the price of a Gladiator. Right now I can even get a loaded Raptor for the same price. I know they are different vehicles. But Gladiator sales began to slow before covid which is alarming. It is Jeeps least selling vehicle and the lowest in sales compared to the competition. I really think a price correction from FCA is coming for the Gladiator and the existing inventory pricing is going to get slashed more with rebates and zero percent financing to make it move. If I bought this Gladiator I would be roughly 58k out the door. I saw a few Gladiator LE's used for upper 40's, so right away I lose 10k walking out the door. Which in a good economy is fine and expected. But in this economy I think that number needs to be lower to move these vehicles. They obviously are not selling and they will have to start taking loses to prevent more loses.
So I think I made the right move in waiting to see what happens. I really think towards the end of the year you will be able to get 15k discount on these things, especially in the high level trim. Local Ford dealers are already offering $12-15k discounts and the feds might also add some incentive to buy. If I was wrong ill pay more but then hopefully a diesel Gladiator would be available by then. I am in no rush as my 2018 F150 limited lease is up in September and I have a JL for my summer vehicle. Ford is calling me with crazy offers to get into a new vehicle so I think Jeep is gonna face the music and start the fire sale soon also.
Here is the dealer:
https://www.dupagechryslerdodgejeep...ator&_dFR[type][0]=New&_paymentType=our_price
What do you guys think?
And thank you for this forum I was reading a lot of your guys posts and helped me make this decision.
.
So here is why I passed on this deal. The economy is in a place it has never been and to be honest the Gladiator is overpriced compared to the competition. You can get a top trim full size truck for the price of a Gladiator. Right now I can even get a loaded Raptor for the same price. I know they are different vehicles. But Gladiator sales began to slow before covid which is alarming. It is Jeeps least selling vehicle and the lowest in sales compared to the competition. I really think a price correction from FCA is coming for the Gladiator and the existing inventory pricing is going to get slashed more with rebates and zero percent financing to make it move. If I bought this Gladiator I would be roughly 58k out the door. I saw a few Gladiator LE's used for upper 40's, so right away I lose 10k walking out the door. Which in a good economy is fine and expected. But in this economy I think that number needs to be lower to move these vehicles. They obviously are not selling and they will have to start taking loses to prevent more loses.
So I think I made the right move in waiting to see what happens. I really think towards the end of the year you will be able to get 15k discount on these things, especially in the high level trim. Local Ford dealers are already offering $12-15k discounts and the feds might also add some incentive to buy. If I was wrong ill pay more but then hopefully a diesel Gladiator would be available by then. I am in no rush as my 2018 F150 limited lease is up in September and I have a JL for my summer vehicle. Ford is calling me with crazy offers to get into a new vehicle so I think Jeep is gonna face the music and start the fire sale soon also.
Here is the dealer:
https://www.dupagechryslerdodgejeep...ator&_dFR[type][0]=New&_paymentType=our_price
What do you guys think?
And thank you for this forum I was reading a lot of your guys posts and helped me make this decision.
.
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