ToJTornottoJT
Well-Known Member
This is my recent experience, I am still trying to figure out what I want to do. I posted this question on my Facebook page trying to understand what was going on better. Here is the post and a few of the replies:
Anyone understand the car market right now? I have had three calls now with people trying to buy my 2021 Jeep Gladiator. They are offering $5-15K higher than what I paid for it new. First it was the dealer, then a buyer from the dealer, and today it was from a different dealer than where I bought it. I have 10K miles on it.
How can this be? There is inventory on the lots, not the exact same as mine, but close. What the heck is going on? This doesn't make any sense to me.
- No inventory on the lots.... and they can rope you into more payments on something else.
- The finance guy at a local place is a friend of mine. We just got more for my wife’s ride than new. Then they put her in a nicer model for less than the old one. The finance guy said it came down to credit. On the new one the manufactures have great pricing for those with great credit. On the used cars the terms aren’t as good, but credit doesn’t have to be as good, so they can sell the resale cars to people that don’t qualify for the new cars. People are paying for for used due to their own credit issues. You having low miles and likely great credit can probably make a good deal right now. I might give it a shot.
I have a '21 Rubicon Eco and the only things I have really done is a short antenna, full Armorlite floor, PRP custom seat covers, and a used Sunrider top from Jeep.
They dealer is telling me that he has a buyer who can't get a decent deal on a new one with an Eco because of his credit, but they can put him in my mine through the credit union. Go figure.
Anyone understand the car market right now? I have had three calls now with people trying to buy my 2021 Jeep Gladiator. They are offering $5-15K higher than what I paid for it new. First it was the dealer, then a buyer from the dealer, and today it was from a different dealer than where I bought it. I have 10K miles on it.
How can this be? There is inventory on the lots, not the exact same as mine, but close. What the heck is going on? This doesn't make any sense to me.
- No inventory on the lots.... and they can rope you into more payments on something else.
- The finance guy at a local place is a friend of mine. We just got more for my wife’s ride than new. Then they put her in a nicer model for less than the old one. The finance guy said it came down to credit. On the new one the manufactures have great pricing for those with great credit. On the used cars the terms aren’t as good, but credit doesn’t have to be as good, so they can sell the resale cars to people that don’t qualify for the new cars. People are paying for for used due to their own credit issues. You having low miles and likely great credit can probably make a good deal right now. I might give it a shot.
I have a '21 Rubicon Eco and the only things I have really done is a short antenna, full Armorlite floor, PRP custom seat covers, and a used Sunrider top from Jeep.
They dealer is telling me that he has a buyer who can't get a decent deal on a new one with an Eco because of his credit, but they can put him in my mine through the credit union. Go figure.
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) and then I cut out all the stupid dealer fees as well as any petty add ins they charge top dollar for. If they won’t cut that $ out I walk. When they are satisfied and give me an interest rate and monthly payment cost. I just start writing a check for the purchase price (I’ve had some say that I can’t do that… 
I just did, do you want the money or not). I also tell them I am interested in a warranty before I write the check. After purchase I let them put me in the warranty sales office then leave without a warranty. Most of the time it is less expensive to just keep the money in an auto maintenance account that is your money vs a car warranty. I rarely use any money from that account btw.
