Sold my Gladiator today

[Hootbro]

I THINK if I sell it myself I can get somewhere over the mid 40,000's for it.

I do not think that market is there. Maybe a year ago.

Around me, 1-2 year old under 30K mile Rubicon's are $45K give or take vehicles retail used. For shits and grins a couple of months ago debated ordering a 2023 or 2024 and started to see what I could get for my 2022 Rubicon trade in and they were all at or near $40K trade in offers when it was a mid $50K purchase when new.

The rubber band has snapped back from high market 1-2 years ago and has normalized. $34K wholesale for a 4 model year old average mileage Sport Rubicon sounds about right.

Large new vehicle incentives always tank trade in values because the delta between buying used vs. new make buying new a better option when that delta is smaller between the two.

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[Dan in Pasadena]

Almost 4 years old, 46k miles and new ones are about $15k below MSRP now. $34k seems right, but more power to you trying to find that new lucky owner!

I do not think that market is there. Maybe a year ago.

Around me, 1-2 year old under 30K mile Rubicon's are $45K give or take vehicles retail used. For shits and grins a couple of months ago debated ordering a 2023 or 2024 and started to see what I could get for my 2022 Rubicon trade in and they were all at or near $40K trade in offers when it was a mid $50K purchase when new.

The rubber band has snapped back from high market 1-2 years ago and has normalized. $34K wholesale for a 4 model year old average mileage Sport sounds about right.

Large new vehicle incentives always tank trade in values because the delta between buying used vs. new make buying new a better option when that delta is smaller between the two.

Yeah, you guys are probably right.

The "high market" you talk about is the reason I sold my '14 Denali. I bought it after my bought-new 2008 Chevy LTZ 3500 crew 4x4 dually burnt to the ground and I got a very generous pay off from insurance. I paid $6k for the Denali in mid '16. I sold it in mid 2021 for the exact same $46k! I couldn't pass a chance to do that. It was black and flawless so I hated letting it go but when are you ever going to own a vehicle 5 years, put miles on it and get the exact same dollars for it?

If I don't get more than the mid (to high?) 30's for my Rubicon I'll be ok. The used '18,'19 Denali market has a LOT of trucks out there right now - gas prices??

 

[Sandevino]

So, just curious- did you lose money? It sounds like you took one expensive depreciating asset, traded it for another at a loss…and plan to pick up the same depreciating asset in a year or two again?

Not even being sarcastic, I just see a lot of posts like this on the forum, or folks trading a 21 for a 22 for a 23….etc.

Maybe a lot of folks here just secretly rich ?

I usually pay cash but financed this one. I bought the Gladiator for $60k, sold it for $55k and with discounts and tax savings on the trade I maybe lost $1k. The Ram purchase and discounts washed away the loss.

 

[ZoMojave]

More like hedging my bets. Gladiator wholesale auction prices have been on a downward slide.

Unfortunately, Gladiator resale values and prices in general have been free falling since Spring of this year.

 

[ZoMojave]

Or a Ridgeline.

Ridgeline is very much on my radar. The wife wants one and I'll reap the benefits!

 

[Sandevino]

Ridgeline is very much on my radar. The wife wants one and I'll reap the benefits!

The flat center console and flat rear floor are great for….

 

[IPRoutes]

Long story short, the $65k Gladiator with a planned Q4 $42k 392 upgrade didn’t make it past the accountant. I see the writing on the wall with 15% discounts and it’s a matter of time (Q4 23 - Q1 24) until the used / wholesale market dumps the value. I sold it back to the dealer taking advantage of the strong wholesale values.

I picked up a 2023 Ram 1500 with the 5.7 HEMI to scratch the V8 itch. The cherry on top was negotiating 22% off MSRP, zero dealer adds abd taking advantage of 2.9% financing.

Now to wait for the wholesale market to turn and pick up a Gladiator with a blown engine and refresh the AMW quote.

Is it a Rebel?

 

[Sandevino]

Is it a Rebel?

No

 

[21RG]

Talked with a local dealership in PA last Tuesday. The dealership has all the 2023 marked $7,000 off sticker, includes rubicon and mojave. They are trying to dump all the 2023 and push in the 2024 obviously. But he did say that most 2024 wranglers were going to be hybrid as the government is pushing for hybrid vehicles.

Next are the prices on future vehicles, due to the increased demands of the autoworkers they expect vehicle prices to go up when a deal is made. No way executives are going to eat the cost, customers will.

Interest rates are having an impact on loans and people buying, so expect 2023's to drop a little more until they clear the lots.

The market has bounced over the last few years, expect them to keep bouncing in the future especially if the autoworkers have a big win.

 

[ShadowsPapa]

Is it a Rebel?

Another name Stellantis owns because of FCA -> Diamler/Chrysler -> Chrysler -> AMC/Jeep
Some of the originals are going for over 100 grand now.

Will the Stellantis version ever bring that type of money in stock form in say, 45 years?

 

[ZoMojave]

Another name Stellantis owns because of FCA -> Diamler/Chrysler -> Chrysler -> AMC/Jeep
Some of the originals are going for over 100 grand now.

Will the Stellantis version ever bring that type of money in stock form in say, 45 years?

100K is a real stretch for a '57-'60.

'66-'70? Not in this lifetime.

 

[ZoMojave]

The flat center console and flat rear floor are great for….

The center console is nothing to mention, but 4'x8' sheets of plywood will actually lay flat in the bed without manipulation from pieces of lumber and tailgate cables to make it happen.

That "flat" floor also conceals a huge hidden trunk large enough for lots of stuff and a two-way opening tailgate. A very interesting design.

Yes, the bed may not as deep as the Glad but much more useable.

 

[ShadowsPapa]

100K is a real stretch for a '57-'60.

'66-'70? Not in this lifetime.

Yup. Rebel "Machine", (that version was 1970 only) two of them I am aware of sold for over 100K - one was around 124K, the other not far from that. Some of the parts, such as wheels, intake manifolds and certain other parts are one year, one model only. Used only on that version of the Rebel.
The Rebel itself was 67-70.

I've done some of the parts restorations (electric parts) for one in the midwest. (that one is not for sale) I did the refinishing on a couple of brake hydraulic parts (plating and brass restoration), blower motor, alternator restoration and full starter restoration with correct part number and date code. Rich does the best 4300 carburetor restorations in the country.
This car - a Rebel - will command a high price if ever sold.


So the RAM version named Rebel is likely using the name Chrysler bought in 1988 - they protect the names, and trademarks from that era like a pit bull guarding a steak. A friend tried to make and sell battery caps with the AMC logo and was told by Chrysler - cease and desist or be sued. Several folks have gotten into trouble trying to use the names to make reproduction badges and parts. Mama MOPAR is a rabid coon when watching over her trademarked names - even those 40 years old and more.
Several of us were surprised that the name Rogue was used by another company years ago - there must have been some agreement, or they didn't care about that one for some reason.

 

[IPRoutes]

Another name Stellantis owns because of FCA -> Diamler/Chrysler -> Chrysler -> AMC/Jeep
Some of the originals are going for over 100 grand now.

Will the Stellantis version ever bring that type of money in stock form in say, 45 years?

The Ecodiesel would have had that potential if Stellantis had not screwed it up with the CP4.
Or was Ecodiesel an FCA baby?

 

[JRobes]

Next are the prices on future vehicles, due to the increased demands of the autoworkers they expect vehicle prices to go up when a deal is made. No way executives are going to eat the cost, customers will.

I don't know if this will be true. Stellantis just canned Jeep CEO Christian Meunier (ahem, I mean he voluntarily left) after a year of poor sales and growing inventory. If vehicles aren't selling at current prices, they sure won't at higher prices. Either they find ways to cut cost (salaries, manufacturing efficiency, etc) or get back to making more affordable non-luxury Jeeps.

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