Sponsored

FUTURE TRADE IN

Snzzbry_Ovrlnd

Well-Known Member
First Name
Lin
Joined
Dec 19, 2020
Threads
31
Messages
385
Reaction score
359
Location
Grovetown, GA
Vehicle(s)
2021 Jeep Gladiator Overland
Occupation
Army
Vehicle Showcase
1
If I am planning on getting a new JTO in a year or two, do you think it would be better to plan on trading mine in or selling it outright? I ask because I am curious if you have had better luck selling newer models or getting better on trade ins. Obviously, this is more likely referring to JKs and JLs than JTs.
Sponsored

 

CivilJeep

Well-Known Member
First Name
James
Joined
Dec 15, 2020
Threads
18
Messages
260
Reaction score
313
Location
Clover, SC
Vehicle(s)
2022 Gladiator Diesel, 2022 4XE
Occupation
Engineer
If nothing else I would recommend checking Carvana before trading it in. They pay very well for late model Jeeps in the Spring/Summer, and their process could not be easier. I got more from Carvana on my JLU than I could have got from a private sale.
 
OP
OP
Snzzbry_Ovrlnd

Snzzbry_Ovrlnd

Well-Known Member
First Name
Lin
Joined
Dec 19, 2020
Threads
31
Messages
385
Reaction score
359
Location
Grovetown, GA
Vehicle(s)
2021 Jeep Gladiator Overland
Occupation
Army
Vehicle Showcase
1
Thanks for the advice. I'll probably be looking to sell/trade in the Spring of 2022.
 

johnparjr

Well-Known Member
First Name
John
Joined
Sep 5, 2020
Threads
36
Messages
1,174
Reaction score
1,394
Location
New Caney, TX
Vehicle(s)
2020 Jeep Gladiator Mojave
Second vote for Carvana a friend traded in his JL and received just 2,000 less than what he paid for it. After owning it for 18 months.

I just ran my JT thru the website and they would offer my $47,720 and I paid $49500
 

JTBurns

Well-Known Member
First Name
Joe
Joined
Jun 28, 2020
Threads
19
Messages
976
Reaction score
1,813
Location
Lancaster, PA
Vehicle(s)
Jeep Gladiator
So if you have an overland rylight now, why are you looking to trade for another so quickly? I understand if you were moving to Mojave or Rubicon, or do you want a diesel? Just wondering the reason behind it?
 

Sponsored

Ogre_FL

Well-Known Member
Joined
Nov 9, 2020
Threads
10
Messages
435
Reaction score
758
Location
Cooks Bayou, FL
Vehicle(s)
Wranger JL 2 Door, Gladiator 80th
This may not apply to every state, but don't forget the sales tax's "savings" when you trade.

Just keep in mind that if you do the Carvana thing or sell it outright, you wont get any break on the sales tax's on your new JT for the value of your trade.

In Florida on something like a JT with a $38K value, that is about a $2500 difference.
 

mazeppa

Well-Known Member
First Name
y= x/0
Joined
Feb 11, 2018
Threads
20
Messages
877
Reaction score
1,456
Location
ICBM complex at Kodlosk
Vehicle(s)
2021 JTR Panda
Occupation
knife sharpening snob
If you have the time and patients dealing with potential buyers, you and the buyer can split the trade in and retail of your vehicle (the middleman's investment to make a profit from). Then if you don't get the results you want then trade in at the purchase time or Carvana. Generally you will get more trade in value from a dealer when purchasing a vehicle then selling to purchasing companies like Carvana, but if you don't have a trade in at purchase time you will know exactly how much you are paying for your new vehicle.

Also, your current vehicle value depreciates each passing day/mile.
 

mazeppa

Well-Known Member
First Name
y= x/0
Joined
Feb 11, 2018
Threads
20
Messages
877
Reaction score
1,456
Location
ICBM complex at Kodlosk
Vehicle(s)
2021 JTR Panda
Occupation
knife sharpening snob
This may not apply to every state, but don't forget the sales tax's "savings" when you trade.

Just keep in mind that if you do the Carvana thing or sell it outright, you wont get any break on the sales tax's on your new JT for the value of your trade.

In Florida on something like a JT with a $38K value, that is about a $2500 difference.

Good advice, I didn't think about that since the tax break doesn't apply to my area.


Edit: that a huge difference.
 

AdrianVall

Well-Known Member
First Name
Adrian
Joined
May 28, 2020
Threads
20
Messages
123
Reaction score
171
Location
Florida
Vehicle(s)
2022 JT Sport Max Tow
Carvana just insulted me with selling to them outright.. LOL! Guess it depends on where you live.
 

aldo98229

Well-Known Member
First Name
Aldo
Joined
Dec 21, 2020
Threads
7
Messages
432
Reaction score
1,129
Location
Bellingham, WA
Vehicle(s)
2018 Fiat 124 Spider, 2023 Gladiator Rubicon
Occupation
Market Research
Vehicle Showcase
1
Of eight prior Wranglers I owned:
  1. Sold it back to Carmax
  2. Sold it privately
  3. Traded it in
  4. Sold it privately
  5. Sold it privately
  6. Sold it privately
  7. Sold it privately
  8. Traded it in
I’d say it’s safe to assume you should be able to sell it privately if you wanted to.
 

Sponsored

TYJ

Well-Known Member
Joined
Jan 24, 2019
Threads
33
Messages
378
Reaction score
519
Location
California
Vehicle(s)
2020 Gladiator
I just got a quote from Carvana for selling them my 2020 Overland (fully loaded with 22,500 mi)... they offered $34,245.

My local dealer will sell me a new Mojave for 5% below invoice and has offered $39,559 for my trade-in.
 

BAT

Well-Known Member
First Name
Blaine
Joined
Nov 11, 2019
Threads
106
Messages
2,295
Reaction score
2,025
Location
Katy, TX
Vehicle(s)
Jeep Gladiator Sport S Max Tow Sting Grey
Damn you guys go through vehicles. I have had 3 vehicles in the past 20 years and that is including the new JT I bought last year and I will be driving this thing till the wheels fall off of it.
Sponsored

 
 



Top