When is it best to trade in? - Jeep Wrangler Forum
Jeep Wrangler Forum

Go Back   Jeep Wrangler Forum > JK Jeep Wrangler Forum > JK General Discussion Forum

Join Wrangler Forum Today


Reply
 
Thread Tools

Please support our sponsors and let them know you heard about them on WranglerForum.com
Old 11-01-2011, 07:08 PM   #1
Newb
 
Join Date: Sep 2011
Posts: 9
When is it best to trade in?

Was curious what the community here thought of when the best time to trade in a vehicle is? Do you go by date, mileage, condition, or just a desire to get a new one? All of this is geared towards Wranglers, is there a point at which they loose more value or when does trading it in become more important if your considering doing so?

Thoughts???

RubiDoobie is offline   Quote Quick Reply
Old 11-01-2011, 07:37 PM   #2
Jeeper
 
Join Date: Aug 2011
Location: NW GA
Posts: 162
I'm all about trade in and resell values on vehicles. One thing you can do, which is pretty accurate, is to use kbb, nada, or traderonline (which I hate). I assume you have a Rubicon that you are interested in trading in...? Check out your vehicle as it is now and see the value. Then go in and look up the exact vehicle with the same options a year earlier with 15,000 (or however many miles you average per year) and see how much it changed from your current value. You can continue doing this, backing it up a year at a time to get a good guage of how much it changes per year. After the first year, you'll probably see about $2,000 difference per year. When is it the best time to trade? It really depends on your circumstances. If you can keep your vehicle for five years and it's still worth 60-65% of original price, that's pretty impressive in my books. That's what I've based mine from, looking at year to year trade in/resell pricing. Whether I keep it five years, only time will tell. I always get the new car itch before five years.

2011_Rubicon is offline   Quote Quick Reply
Old 11-01-2011, 09:51 PM   #3
rotaredoM

WF Supporting Member
::WF Moderator::
 
panthermark's Avatar
 
Join Date: Aug 2011
Location: Chicago-land
Posts: 9,645
Images: 13
Uggg.....I'm starting the same process.
Will print off numbers from KBB and Nada, and will get a quote from Carmax. Will also print off current vehicles for sale that are similar to mine from Carmax, Cars.com, Jeep dealers, ect....

Got some Truecar numbers today and compared them to some numbers are working up based on 2% under invoice pricing....everything seems in line (3 Truecar quotes were only $45 cheaper....so no big deal).

It will all come down to service and trade-in amount.
panthermark is offline   Quote Quick Reply
Old 11-02-2011, 09:48 AM   #4
Jeeper
 
Join Date: Sep 2011
Location: NM - Land of Enchantment
Posts: 125
Probably also depends on how much you have spent on mods. If you've dropped $20K in mods on the 5-year modification plan you will probably keep it for a long time.
__________________
09 JKU X. Sahara wheels/tires, Rubi rails, Synergy Suspension bolt replacement.
G-Mike is offline   Quote Quick Reply
Old 11-02-2011, 10:52 AM   #5
Jeeper
 
Hilldweller's Avatar
 
Join Date: Apr 2008
Posts: 4,036
When you're out of warranty and there's a really bad noise coming from underneath or when your wife says, "gee, Honey, look at the rebates they're giving on the Power Wagon..."
__________________
Gone camping,
Bill

Hilldweller is offline   Quote Quick Reply
Old 11-02-2011, 12:22 PM   #6
Jeeper
 
The Ugly Jeep's Avatar
 
Join Date: Mar 2010
Location: Mountain Top, PA
Posts: 272
End of the month. That's when they are more willing to deal in order to hit their quotas...
__________________
97 Wrangler - 4 Angry Hamsters; 2 1/2 " Rough Country Suspension, 32x11.5x15 Hankook Dynapro MT's.

2011 JK "Mojave".

Recognize the same mistakes, every time you make them !
The Ugly Jeep is offline   Quote Quick Reply
Old 11-02-2011, 12:25 PM   #7
ESP
Jeeper
 
ESP's Avatar
 
Join Date: Jun 2010
Location: NC
Posts: 11,462
Quote:
Originally Posted by The Ugly Jeep View Post
End of the month. That's when they are more willing to deal in order to hit their quotas...
x2

What are dealerships offering right now in terms of financing or incentives for 2012s? I know they are still doing the 0% for 5 years on 2011s.
__________________
98 XJ 02 TJ 10 JK 13 JK

2013 JK - Lifted w/ 35s - Bilstein 5100s - Monster TB - Chopped Flares - Can't Keep It Clean
ESP is offline   Quote Quick Reply
Old 11-02-2011, 12:29 PM   #8
MTH
Jeeper
 
MTH's Avatar
 
Join Date: Oct 2010
Location: North Carolina
Posts: 8,553
Quote:
Originally Posted by ESP123 View Post
x2

What are dealerships offering right now in terms of financing or incentives for 2012s? I know they are still doing the 0% for 5 years on 2011s.
Looks like it's just $1000 cash back on both years now. (Jeep Incentives and Rebates)
__________________
Mike
2010 JKU "Mountain" Edition
TeraFlex 2.5" Coil Lift : Old Man Emu Nitrocharger Shocks : 33x12.5R15 Goodyear DuraTracs : 15x8 Black Rock 909s : Other Stuff . . .
MTH is offline   Quote Quick Reply
Old 11-02-2011, 12:35 PM   #9
Supporting Member

WF Supporting Member
 
lee indy's Avatar
 
Join Date: May 2009
Location: Middle Georgia
Posts: 5,239
Quote:
Originally Posted by Hilldweller View Post
When you're out of warranty and there's a really bad noise coming from underneath or when your wife says, "gee, Honey, look at the rebates they're giving on the Power Wagon..."
rebates on power wagon!!!!!!!!! where???????
__________________



LeeIndy's Build Thread
lee indy is online now   Quote Quick Reply
Old 11-02-2011, 12:43 PM   #10
ESP
Jeeper
 
ESP's Avatar
 
Join Date: Jun 2010
Location: NC
Posts: 11,462
Quote:
Originally Posted by MTH View Post
Looks like it's just $1000 cash back on both years now. (Jeep Incentives and Rebates)
Do you think they would give the $1000 off msrp or invoice? Would they do that in addition to the discount by tread lightly?
__________________
98 XJ 02 TJ 10 JK 13 JK

2013 JK - Lifted w/ 35s - Bilstein 5100s - Monster TB - Chopped Flares - Can't Keep It Clean
ESP is offline   Quote Quick Reply
Old 11-02-2011, 12:49 PM   #11
MTH
Jeeper
 
MTH's Avatar
 
Join Date: Oct 2010
Location: North Carolina
Posts: 8,553
Quote:
Originally Posted by ESP123

Do you think they would give the $1000 off msrp or invoice? Would they do that in addition to the discount by tread lightly?
Sounds like good questions for Pat@Fields. My understanding is it would be $1000 rebate on the negotiated purchase price, whatever that may be. So yes, it would be in addition to TL.
__________________
Mike
2010 JKU "Mountain" Edition
TeraFlex 2.5" Coil Lift : Old Man Emu Nitrocharger Shocks : 33x12.5R15 Goodyear DuraTracs : 15x8 Black Rock 909s : Other Stuff . . .
MTH is offline   Quote Quick Reply
Old 11-02-2011, 12:59 PM   #12
Jeeper
 
Hilldweller's Avatar
 
Join Date: Apr 2008
Posts: 4,036
Quote:
Originally Posted by lee indy View Post
rebates on power wagon!!!!!!!!! where???????
They were giving $8000 back when I bought mine.

The 2012 will come in 3 trim levels; you could likely get an ST for less than a Rubicon...
__________________
Gone camping,
Bill

Hilldweller is offline   Quote Quick Reply
Old 11-02-2011, 05:49 PM   #13
dirt road inspector

WF Supporting Member
 
tomthbomb's Avatar
 
Join Date: Jun 2011
Location: Deep East Texas
Posts: 2,438
Trading in is an expensive convenience.

I don't have the time or patience to sell my current vehicle when my 2012 comes in. That is going to cost me about 20% of its' value.
__________________
tomthbomb is offline   Quote Quick Reply
Old 11-03-2011, 05:26 AM   #14
Supporting Member

WF Supporting Member
 
lee indy's Avatar
 
Join Date: May 2009
Location: Middle Georgia
Posts: 5,239
Quote:
Originally Posted by Hilldweller View Post
They were giving $8000 back when I bought mine.

The 2012 will come in 3 trim levels; you could likely get an ST for less than a Rubicon...
hmmm i think i need a power wagon when i get my raise at work.
__________________



LeeIndy's Build Thread
lee indy is online now   Quote Quick Reply
Old 11-03-2011, 05:31 AM   #15
Jeeper

WF Supporting Member
 
jp2611's Avatar
 
Join Date: Aug 2010
Location: Fort Wayne IN
Posts: 5,725
HEARD a commercial on radio local Jeep dealer--0% financing on new Wranglers--or $299. lease per month. Obviously I have no particulars--and they use the cheapest model for the numbers but still---0% IS 0%.

Made me think about it again!!--but no not yet.
jp2611 is offline   Quote Quick Reply
Old 11-03-2011, 06:49 AM   #16
Jeeper
 
Hilldweller's Avatar
 
Join Date: Apr 2008
Posts: 4,036
The end of the month works on vehicles that are costing the dealer money by eating up floorplan (monthly nut). If they have to order you a vehicle, say a Rubi that sells well anyhow, don't expect any favors from them.
But if it's something they need to move or keep losing money, a Sahara, a Power Wagon, etc., the ball is in your court and you get to name your price. They'll take a few lumps just to get it the heck off their lot.
__________________
Gone camping,
Bill

Hilldweller is offline   Quote Quick Reply
Old 11-03-2011, 08:50 AM   #17
Jeeper
 
JeeperJake's Avatar
 
Join Date: Jul 2010
Posts: 2,833
by the time I 'get tired' of a rig, the Final Straw becomes the point at which I notice the monthly mechanic bill approaches the monthly Bank Payment on a new one....

This is moderated by just how intimate I've become with the "no monthly payment" aspect of driving the Old Dog down the lane a little further....
__________________
get in--buckle up--hang on
"soothing agricultural implement/personal servant/Walter Mitty multidimensional access utility device conveniently travels on pavement when necessary and often keeps me warm/cool/dry/soothed as needed."
JeeperJake is offline   Quote Quick Reply
Old 11-03-2011, 10:38 AM   #18
MallCrawler

WF Supporting Member
::WF Moderator::
 
kjeeper10's Avatar
 
Join Date: Feb 2011
Location: Connecticut
Posts: 34,736
Have them make an offer and then show up with soft doors and soft top on.
"where's the doors" "that's all I have
Was able to get near KBB & Nada plus I sold my doors and hard top for $1100 a week later. I win
__________________
2007 Rubicon/Rock Krawler triple rate 2.5" coils/RK rear TB w/ a teraflex raised bracket/Rancho 9000 31/32XL shocks/Synergy flipped draglink,ball joints,tie rod /Hankook MT 315-75-16 on Level 8 ZX's/Rancho geo brackets/Ruff stuff uppers/Fox ATS stabilizer/Adams front DS/Artec front armor w/ Currie upper bushings/Rancho cat back exhaust.

Lifting your JK? Read this!!



Click HERE to become a WranglerForum Supporting Member!
kjeeper10 is online now   Quote Quick Reply
Old 11-03-2011, 11:39 AM   #19
rotaredoM

WF Supporting Member
::WF Moderator::
 
panthermark's Avatar
 
Join Date: Aug 2011
Location: Chicago-land
Posts: 9,645
Images: 13
So is it best to order first....and wait until the Jeep is ready to pick-up before you discuss trade in? Or get the trade in amount locked in up front at order?

I've purchased new vehicles before....but I've never traded a car in.
panthermark is offline   Quote Quick Reply
Old 11-03-2011, 11:56 AM   #20
Jeeper
 
Join Date: Aug 2011
Location: NW GA
Posts: 162
Get those numbers finalized up front. However keep them separate from purchase price of new ride. Actually, don't even mention trade in until you agree on price for new jeep, then talk trade in. Otherwise they are going to mix up numbers and create an illusion that you are getting a great deal .
2011_Rubicon is offline   Quote Quick Reply
Old 11-03-2011, 12:00 PM   #21
Jeeper
 
Hilldweller's Avatar
 
Join Date: Apr 2008
Posts: 4,036
Quote:
Originally Posted by 2011_Rubicon View Post
Get those numbers finalized up front. However keep them separate from purchase price of new ride. Actually, don't even mention trade in until you agree on price for new jeep, then talk trade in. Otherwise they are going to mix up numbers and create an illusion that you are getting a great deal .
Have the "deal" in mind ahead of time.
Do the mental math. New vehicle minus trade value = X times tax/title/tag. Know that number and how much you can afford to stray from it. Don't let them talk about payments, just total dollar amounts, rates, etc.
__________________
Gone camping,
Bill

Hilldweller is offline   Quote Quick Reply
Old 11-03-2011, 12:03 PM   #22
Jeeper
 
JeeperJake's Avatar
 
Join Date: Jul 2010
Posts: 2,833
^^^doublePLUS YES on both these gems^^^
__________________
get in--buckle up--hang on
"soothing agricultural implement/personal servant/Walter Mitty multidimensional access utility device conveniently travels on pavement when necessary and often keeps me warm/cool/dry/soothed as needed."
JeeperJake is offline   Quote Quick Reply
Old 11-03-2011, 01:28 PM   #23
Supporting Member

WF Supporting Member
 
lee indy's Avatar
 
Join Date: May 2009
Location: Middle Georgia
Posts: 5,239
i might have to travel aways to find a powerwagon........ middle georgia isnt to hot on 4x4s.
__________________



LeeIndy's Build Thread
lee indy is online now   Quote Quick Reply
Old 11-03-2011, 02:21 PM   #24
rotaredoM

WF Supporting Member
::WF Moderator::
 
panthermark's Avatar
 
Join Date: Aug 2011
Location: Chicago-land
Posts: 9,645
Images: 13
OK...cool...
I have an idea of what I should get on my trade-in.
I have my KBB and NADA numbers already....and if I'm not lazy, I'll go to Carmax tomorrow for a written quote. I do plan on going to a dealer tomorrow to see flame red and winter chill in person in the sun light.
I'm not worried about monthly payments since I plan on paying off the rest right away.
Since I have to custom order....it probably won't do me much good to wait until the end of the month. Not sure if any rebates will come in. (I got a screaming deal on my Acura when I basically bought it on Thanksgiving).
panthermark is offline   Quote Quick Reply
Old 11-03-2011, 02:26 PM   #25
Jeeper
 
Hilldweller's Avatar
 
Join Date: Apr 2008
Posts: 4,036
Quote:
Originally Posted by lee indy View Post
i might have to travel aways to find a powerwagon........ middle georgia isnt to hot on 4x4s.
Cherokee Chrysler/Dodge/Ram/Jeep in Canton is where I got mine. Exit 20 on 575, not far from the Hooters...
Ed Voyles in Marietta also had a couple of them and does good deals if you push.
__________________
Gone camping,
Bill

Hilldweller is offline   Quote Quick Reply
Old 11-03-2011, 06:20 PM   #26
Supporting Member

WF Supporting Member
 
lee indy's Avatar
 
Join Date: May 2009
Location: Middle Georgia
Posts: 5,239
Hmm. I wonder how far into 2012 thell have hold overs. Supposed to be getting a raise and a fat bonus this year
__________________



LeeIndy's Build Thread
lee indy is online now   Quote Quick Reply
Old 11-03-2011, 08:22 PM   #27
Jeeper
 
j.luis's Avatar
 
Join Date: May 2011
Location: Mercedes
Posts: 653
It was back in late July, in August and yesterday....
you missed the boat... so jump on one now before they are all sold out.
__________________
2012 Jeep Rubicon Unlimited 3.6L V6 24V VVT Engine, 5sp Auto Trans.
Connectivity Group, Max Tow, Hard Top(Black), 4:10 gears... Bright White Clear Coat.
j.luis is offline   Quote Quick Reply
Old 11-07-2011, 03:59 PM   #28
Jeeper
 
Join Date: May 2010
Location: NW WA
Posts: 877
Superbowl Sunday!!!

Bought my JK and my wifes Mazda 3S on that day.

Not gonna post exactly how much we paid for each car but between the two it's over $11,000 off the asking price.
TrueNorth is offline   Quote Quick Reply
Old 11-07-2011, 04:09 PM   #29
Jeeper
 
Join Date: Dec 2010
Location: Seattle, WA
Posts: 181
Red face

Quote:
Originally Posted by Hilldweller View Post
They were giving $8000 back when I bought mine.
Same here, got mine for about $8000 off MSRP at the end of the year. I traded in that same Jeep for a profit at the end of September on my new car. They did not even pull up the KBB, Nada...Because they know its worth wayyy up there in those sites. They found the cheapest new one for sale and gave me that price on my 1 yr old one, then I got a tax credit when I traded in the Jeep vs the taxes on the new car, so I would have paid $2800 in taxes on the new car, but paid only $800 since I traded in my Jeep, they took the taxes on the price difference between both cars only, so that was a nice $2000 bonus for not having to try to sell it myself. I will wait to find a new 2012 on special probably to get back in the Jeep Game

Avalon786 is offline   Quote Quick Reply
Reply

Quick Reply
Message:
Options

Register Now

In order to be able to post messages on the Jeep Wrangler Forum forums, you must first register.
Please enter your desired user name, your email address and other required details in the form below.
User Name:
If you do not want to register, fill this field only and the name will be used as user name for your post.
Password
Please enter a password for your user account. Note that passwords are case-sensitive.
Password:
Confirm Password:
Email Address
Please enter a valid email address for yourself.
Email Address:

Log-in

Human Verification

In order to verify that you are a human and not a spam bot, please enter the answer into the following box below based on the instructions contained in the graphic.



Thread Tools

Posting Rules
You may post new threads
You may post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
MI: Trade my 03 chevy zr2 EXT cab for a wrangler tj Dirtbikedrew Classifieds Archive 1 07-27-2011 06:25 PM
Wanting to trade an automatic tranny for a manual! cedecker88 TJ General Discussion Forum 38 07-05-2011 10:47 AM
Trade or No Trade?? mattyd JK General Discussion Forum 16 09-22-2010 09:19 PM
Dana 35 trade or $ , Moreno Valley, CA Joe Dirt Classifieds Archive 1 09-25-2009 11:45 AM
33x12.5x15 BFG A/Ts with american racing AR-23? wheels for trade (OH) drummerwookie Classifieds Archive 3 11-19-2007 06:18 PM



» Network Links
»Jeep Parts
» Featured Product

All times are GMT -5. The time now is 07:21 AM.



Jeep®, Wrangler, Liberty, Wagoneer, Cherokee, and Grand Cherokee are copyrighted and trademarked to Chrysler Motors LLC.
Wranglerforum.com is not in any way associated with the Chrysler Motors LLC