Considering selling my 2002 X, KBB seems way low, would like some input
I know theres a for sale section but since the price varies so much depending on where I look I'd like to get a real ballpark. If I can only get 12k it's not worth selling right now. I haven't taken it offroad in so long and they're really not the best road cars with the ride and MPG.
SoCal (Orange County)
2002 Jeep Wrangler X Hard Top
Miles: 45,000 (yeah, I know)
Color: Dark Blue
-31 inch Big O Mud tires (except the spare which is stock with a cover)
-Black American Racing wheels (pretty common I think)
-Front (dual black aftermarket) and rear (single OEM) tow hooks
-Front has two things on the bottom to attach the thing to tow the Jeep. Guess I'd include the tow V bar thing as well since I wouldn't have use for it.
-Has the speaker bar in the back
-Added in OEM middle cup holders/arm rest/storage thing
Besides that I think it's pretty much stock (and most of the stuff I added is OEM anyways)
Again, sorry, I know this looks like a for sale post but I'm hoping someone has sold something like it or knows someone who has. The only ones I can find like mine have 2x the mileage or slightly more and a soft top, or whatever else different.
Talk with your local insurance agent and see if he can give you the name of an Insurance Adjuster in the area. IAs know their values really well and can take into consideration your low mileage etc..
All that said, you have an 11 year old vehicle. Regardless of miles, they depreciate fairly linearly through the years. Jeeps enjoy less depreciation than most other vehicles of their type. If you were to look at a similarly equipped Blazer or Bronco for the same years, you would see that they would be a good 15-20% lower in their retained value than the Jeep.
Prices are based on demand. Check local dealers and Craig's list to see what OP are asking. You can always ask high and take whatever you feel is a fair price. KBB uses so called local market sales prices but you do not know how old the information is.
I would think stock TJ.s would be in demand because most people would rather mod their own vehicles unless your a teen then they want something already built because they cannot do it themselves.
Retired my 94 YJ 4cyl 5spd @ 200K
Now in a 04 TJ 4cyl 5spd CV @120K+
Both as a commuter vehicle in NW, NJ
April 2012.downsized and now a 99er.
I know it's low mileage. But you gotta consider, it's over 10 years old. It's also an X model. If it's anything like my X, it doesn't even have cruise control, and that alone will hurt resale. Probably doesn't have chryslers so called "premium sound" package.
Not trying to discourage you though, yeah 12 seems a little low. But you rarely get full blue book value on a vehicle. Especially base model ones. Even jeeps depreciate over time, but they do hold their value better than most. Get it out there on the market, ask high and you may be able to negotiate a reasonable price. You would be lucky to get 9k for it trading it at the dealership though. If you can afford to sit on it for a while, you are better off private sale.
War does not determine who is right, it determines who is left.
Two weeks ago I bought a 2002 Wrangler X Apex, 6cyl, 5spd. with AC for $4500. Has 163k miles on it though. Was mostly stock when I bought it. I've put almost $1500 into it for a Bedrug interior, new Rampage Fameless Top, and repairs. I was thinking mine is worth about $6000.00 now.
From my experience KBB is the highest of the "book values". Try Edmunds.com and you will really be in for a shock.
What would someone pay in the U.S. for the following: 2001 TJ (60th Ann. Ed.) 5spd, both tops, no lift, on 31's Goodyear Terrirtory which where put on new a week before I bought the jeep(almost the same as Duratrac's) with about 110K Miles or 189K Km? PS I'm the 3rd owner. Pics are on my profile. Just curious what you folks across the border would offer? I'll provide the price after a few guesses on what exactly I paid in a private sale last summer.
Did you ever notice prices of what "some" people pay for their TJ here? It is not even close to what is being asked of in their own area..
A lot of better deals must be out there that nobody else knows about.
Telling people they can buy a rig for set price should have an actual for sale sample to go along with it, especially when you can't find that price any where.. :-) remember it's the internet. Not implying that anyone lies here. But Imho, someones one time purchase doesn't help him do squat, or even give him a fair value.
Am I the only one that feels this way? It just gets old sometimes... :-)
I'd say your around 10,500 to 11 in my area but then again I just bought a 2013 rubicon cj7 with a Hemi diesel with minus 600 miles on it. That means I can drive it for 600 miles before it will be at 0 on the odometer. I only paid 2,000 dollars for it but I've got a rebate check coming for 2500$
Sounds to me like you are upside down with your loan. One key thing about selling anything, but this came from the real estate biz, "the seller can set the price, but the buyer will set the value". Good luck