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Old 12-31-2009, 01:19 AM   #1
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Buying my first Jeep, Not sure if this a good price

I have been on the lookout for a Jeep Wrangler for the past year or so. Not in any rush, but just keeping my eyes peeled for a possible good deal. A friend of mine recently told me he is selling his and I need to know what a fair price would be. Ive looked at kbb, autotrader, ebay etc to get an idea of what they are selling for, but Ive seen 20 different prices for the same jeep. Any input is awesome. Thanks.

2006 Wrangler 4x4 2 door

Golden Eagle Package

11000 miles

Manual

soft top

Let me know if Im missing anything.

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Old 12-31-2009, 02:40 AM   #2
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The banks and car dealerships go based off NADA value...I'd use that to help you get a baseline price. Also keep in mind the used car values are still a bit higher than normal due to the cash for clunkers program really doing a number on the auto dealers' pre-owned inventory.

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Old 12-31-2009, 08:56 AM   #3
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Let me know what you offer him and his number, so I can offer him $500 more, sounds like a nice Jeep!

Just kidding, sounds like a nice Jeep...try to get a good deal you won't regret it
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Old 12-31-2009, 09:12 AM   #4
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NADA states $~21,150. That's loan value. That is what most people consider the value to be. You go up depending on how bad you want it and down depending on the condition of the vehicle.
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Old 12-31-2009, 09:47 AM   #5
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It's going to be quite expensive I'll tell you that.

11,000 miles is practically new..
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Old 12-31-2009, 12:11 PM   #6
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It's going to be quite expensive I'll tell you that.

11,000 miles is practically new..
This is what I thought. The price he is offering is 14,500. Which I thought was a steal. was ready to jump on it. But my close friend that works at a jeep dealership said If I paid 12-13000, It would be a good deal for me. She said because its a stick, it makes it less desirable. What do you guys think?
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Old 12-31-2009, 12:24 PM   #7
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This is what I thought. The price he is offering is 14,500. Which I thought was a steal. was ready to jump on it. But my close friend that works at a jeep dealership said If I paid 12-13000, It would be a good deal for me. She said because its a stick, it makes it less desirable. What do you guys think?
Your friend at the dealership is perhaps a little too used to trade-in value. You should expect to pay more than a dealership would offer in trade. Your friend deserves to get the same amount he would get if selling it thru craigslist, etc.

The stick doesn't exactly make it "less desirable" - but auto's are rarer and can command a premium.
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Old 12-31-2009, 02:24 PM   #8
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If you were selling this Jeep Geoff, what would be your sticker price? What would you let it go for?
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Old 12-31-2009, 02:48 PM   #9
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I had to look this up:

"The Golden Eagle package ($1,150) includes two-tone premium seats with Golden Eagle logos; a painted center stack bezel; a Dana 44 heavy-duty rear axle; 15-inch gold aluminum wheels; 30-inch tires; plus Golden Eagle hood, fender and spare tire decals."

There's one thing in that list that's valuable: the Dana 44 is a highly-prized rear axle.

I am NOT an expert on pricing, nor on TJs, for that matter. So I'm the wrong guy to ask. But it sounds like your friend is being very fair.

And if he's a true friend, he's not passing along any hidden surprises. Jeeps can be an abused motor vehicle (the last CJ I bought had a bent front axle that I missed).
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Old 01-01-2010, 12:36 PM   #10
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Sounds like a good deal.

I spent a few months also looking for a jeep. I like the TJ's so I was looking for a 04-06. The price he is asking would be quite fair here in the Dallas metro area. I paid 15,500 for my 2005 X with a hard top, tube bumpers front and rear and 31' BFG A/T's. It had 31,000 miles and was extremely clean. It also is a 6 speed. I personally would not want the automatic they offered in the TJ'S. Thw good thing is you know the history of that jeep and you know how your friend treated it. You must be careful when buying from someone you don't know. You have no idea how it was treated .
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Old 01-01-2010, 04:14 PM   #11
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I looked for quite a while before I bought recently. Couple observations:

--condition matters a lot

--auto or stick in this area makes a big difference

--the part of the country you are makes a difference; where I am, Wranglers hold their value good.

--every kid around is wanting a Wrangler and thats keeping prices here high.
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Old 01-02-2010, 10:06 AM   #12
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Wranglers have the best resale value of any vehicle out there in my opinion...I'd guess that it'll be sold for around 18K...

Kevin
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Quote:
Originally Posted by s3nt3nc3d View Post
The banks and car dealerships go based off NADA value...I'd use that to help you get a baseline price. Also keep in mind the used car values are still a bit higher than normal due to the cash for clunkers program really doing a number on the auto dealers' pre-owned inventory.
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Old 01-02-2010, 10:09 AM   #13
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A Jeep like what you described goes for the auction up here in MA for around $15K...12-13K buys you a 2003 with 100K miles...need to be fair and if your friend at the Jeep dealership told you 12-13K they are mis-leading you or trying to be the "hero."

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Quote:
Originally Posted by TurkA77 View Post
This is what I thought. The price he is offering is 14,500. Which I thought was a steal. was ready to jump on it. But my close friend that works at a jeep dealership said If I paid 12-13000, It would be a good deal for me. She said because its a stick, it makes it less desirable. What do you guys think?
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Old 01-03-2010, 01:22 PM   #14
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A Jeep like what you described goes for the auction up here in MA for around $15K...12-13K buys you a 2003 with 100K miles...need to be fair and if your friend at the Jeep dealership told you 12-13K they are mis-leading you or trying to be the "hero."

Kevin O'Brien
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I'm guessing her thinking is that 12-13K is a good deal for me. I guess that implies that 14-15k is a wash for both sides, no huge deal for buyer and seller,, and that 16-17K would be a good deal for the seller.

Im siding with you tho, every site Ive read online prices this car between 15-17995. I have to think that 14,500 is a really good price. I may pull the trigger on it this week if it hasnt already sold.

I still would love more input if anybody has any and thank you to those that have already posted.
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Old 01-04-2010, 11:50 PM   #15
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So it looks like Im gonna pull the trigger in a couple weeks. My next question is: How much should I expect it to depreciate after I buy it? I will only be putting about 4-5000 miles on it a year, so in 3 years it will be 6 years old and have around 23-26000 miles on it. Could I get around 10K or more for it? Thats one of the things pushing me to buy it is I feel like it won't lose a lot of value in my hands, but I'm not entirely sure. Any help again is greatly appreciated.
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Old 01-05-2010, 12:12 AM   #16
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Turk: It'll depreciate LESS than any other US made vehicle, and less than all but a few exotics. That's a Kelly Blue Book study, below. I wouldn't guess at the amount, but it's better than any other car. Jeeps hold value.

But the truth is that Jeeps aren't very great rational decisions. They're more emotional. You're buying a Wrangler because you like it. If you wanted pure logic, we'd all be driving Camyr's and Civics. And, because you're posting here, I'm guessing you already made a decision. Congratulations. Come on in, the water's fine.

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The iconic Jeep brand ranks as the top domestic brand in Kelley Blue Book's kbb.com® 2010 Residual Value Study.

According to the annual resale value analysis, new 2010 Jeep brand vehicles will maintain 35.7 percent of their original value after five years of ownership - more than 3 percent above the industry average.
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Old 01-05-2010, 12:39 AM   #17
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Turk: It'll depreciate LESS than any other US made vehicle, and less than all but a few exotics. That's a Kelly Blue Book study, below. I wouldn't guess at the amount, but it's better than any other car. Jeeps hold value.

But the truth is that Jeeps aren't very great rational decisions. They're more emotional. You're buying a Wrangler because you like it. If you wanted pure logic, we'd all be driving Camyr's and Civics. And, because you're posting here, I'm guessing you already made a decision. Congratulations. Come on in, the water's fine.

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The iconic Jeep brand ranks as the top domestic brand in Kelley Blue Book's kbb.com® 2010 Residual Value Study.

According to the annual resale value analysis, new 2010 Jeep brand vehicles will maintain 35.7 percent of their original value after five years of ownership - more than 3 percent above the industry average.
Am I that transparent? I can't tell if I'm trying to talk myself into it or talk myself out of it.
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Old 01-05-2010, 07:27 AM   #18
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If it hasn't been beat on, I'd write him a check and never look back. 14,500 for a 2006 GE with 11,000 miles is a good price IMHO.
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Old 01-05-2010, 09:17 AM   #19
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Am I that transparent? I can't tell if I'm trying to talk myself into it or talk myself out of it.
Well, if you are seriously trying to talk yourself out of it, you'd be posting over at the Toyota forum. Some of those guys are serious Jeep haters. On this forum, we tend to take all the Jeep problems and call them character.

Look at it this way: If you change your mind, you're going to sell it. Your sunk costs are the total amount spent minus the amount sold for. BUT some of those costs will happen regardless of which vehicle you go with (gas, insurance, normal maintenance, etc). You can put all these numbers into a spreadsheet and do the math. I'm guessing that the difference between the Wrangler and the Diahatsu Cheezwhiz (or whatever car you're thinking of) is not that much. There are a lot of variables you have to guess at, and a lot of complications (long commute? super short girlfriend who hates the Jeep?). But you can put some numbers into it.
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Old 01-05-2010, 01:31 PM   #20
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Well, if you are seriously trying to talk yourself out of it, you'd be posting over at the Toyota forum. Some of those guys are serious Jeep haters. On this forum, we tend to take all the Jeep problems and call them character.

Look at it this way: If you change your mind, you're going to sell it. Your sunk costs are the total amount spent minus the amount sold for. BUT some of those costs will happen regardless of which vehicle you go with (gas, insurance, normal maintenance, etc). You can put all these numbers into a spreadsheet and do the math. I'm guessing that the difference between the Wrangler and the Diahatsu Cheezwhiz (or whatever car you're thinking of) is not that much. There are a lot of variables you have to guess at, and a lot of complications (long commute? super short girlfriend who hates the Jeep?). But you can put some numbers into it.
You were spot on before, now you are way off. All I am looking at are Jeeps. I have only owned 3 cars in my life and they are all American. I bought a Cherokee when I graduated college and regretted not getting a Wrangler a few years later. I am in no rush to buy because it is a 2nd car to be used during the summer. I haven't pulled the trigger yet because I am just being cautious and making sure its a good deal for me. This has nothing to do with commute, or girlfriend (who wants me to get this almost as bad as I do) etc. Im leaning very much towards getting it, I just wanted to spend a few days on some forums, ebay, cragslist etc and make sure the price is as low as it can be.

Thanks again for everyones input, you have definitely made the decision making process a lot easier.
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Old 01-05-2010, 01:52 PM   #21
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Go buy it and post pics.
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Old 01-05-2010, 02:01 PM   #22
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You were spot on before, now you are way off.
Story of my life, right there. I started out so well.

Enjoy your JEEP! Give us pictures when you get it.
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Old 05-07-2010, 03:00 PM   #23
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Pulled the trigger this morning, I am officially an Jeep Wrangler owner! Got it for less than I thought, so I am pumped. There are a few minor dings, but other than that its in good shape with 12K miles on it. I will post pictures once I get it all cleaned up.

Next order of business is: One of the fog lights got knocked off, any idea how I go about getting another one? Looks like all golden eagles came with these lights standard, so if anyone has an idea where I can get a replacement I would be grateful.

Second, its a soft top and Id like to find a cover for it. I plan on taking the doors and top off for the summer and Id like to throw a waterproof top on when Im not using it. Thanks again for all the help.
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Old 05-07-2010, 03:14 PM   #24
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congrats!

That sounds like a great deal. 12k miles for a wrangler is brand new.

for the fog light, i guess a dealer would be the best place to start. take it for a check up and they have a parts catalog that may be able to track down the fog light for you.

as long as the softop isn't torn it is waterproof. i would check ebay for some cheap prices if you want a cover, or maybe some of the vendors advertised here. they have great prices as well.

again, congrats and welcome!
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Old 05-07-2010, 03:24 PM   #25
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I was going to try and convince you into buying it until I got down to the final post. CONGRATULATIONS!

Don't worry if you still are. I was when I bought mine. I have a 50 mile round trip with work. I was very scared of the gas mileage. I've owned it since January, and couldn't be happier with it. I'm at the point now where it's ready for a lift and some 35" tires and once again wondering how my work commutes are going to be lol!

You'll love having a jeep. They are fantastic to own.
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Old 05-08-2010, 11:39 AM   #26
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id do it. i was looking at a wrangler, an 04 with 84k miles on it and the dealer was asking 14k. it wasnt stock though, had tires (33s i believe) custom side exhaust and was auto. was soft top. we all know never to pay the asking price, but still. i think your friend is giving you a damn good deal
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Old 05-08-2010, 11:59 AM   #27
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very good deal! have fun and enjoy the ride
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Old 05-08-2010, 12:16 PM   #28
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Congrats NOW LETS SEE WHAT ALL THE HUB BUB WAS ABOUT! POST SOME PICS!
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Old 05-08-2010, 07:11 PM   #29
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Bestop and Raingear both make good waterproof covers. I have a used Raingear I got for a steal and it works great!!
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Old 05-09-2010, 09:55 AM   #30
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Congrats NOW LETS SEE WHAT ALL THE HUB BUB WAS ABOUT! POST SOME PICS!
Im getting it detailed this coming week. After I get it all cleaned up and shiny Ill post some pics.

I came to the conclusion I am going to just put on 2 new fog lights. Most likely PIAAs. Whatcha think?

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