When it comes to sports utility vehicles, the Jeep brand is really considered as one of the frontrunners. So when you are selling your car, particularly one from the Jeep line, you can be sure to find someone who is willing to buy it or trade it in. But before you give your vehicle to the first guy that gives you an offer, it may be a wise move to know the resale value of the particular model that you own. Even if the Jeep brand is respected in the US, and even in other parts of the world, the residual value of the car is still dependent on its make and model.
When Selling Your Car
When selling your car, it is always a good idea to check out its features and what makes it better than its competitors. Unless you are selling your vehicle at a much lower price, buyers are interested in getting more information about the used automobile that they are buying. This is particularly true if you are selling privately. If you are selling to a car dealer, you also need such information so that you can get a more competitive price from the dealer.
The first thing that you need to know when selling your car is its reputation. Does the Jeep model you own have a high consumer rating? Are there many people who are looking for such particular model or color? What sorts of individuals are interested in paying more for your Jeep? These are some of the questions you need to ask. The Jeep is actually owned by the Chrysler group. And it is the oldest maker of SUVs. The best features of this brand of vehicles are its off-road capabilities as well as its enduring popularity. The new generation Jeep vehicles also offer solid axles both in the rear and front, which is important in making the Jeep more stable and durable.
Jeep Holds Its Value In The Market
It is important to note that the Jeep brand, particularly the newest Wrangler model, is considered as one of the cars that will have a comparatively high residual value. In fact, experts believe that its resale value will be about 61% of its present MSRP even after a few years. Another Jeep model that has a fairly good resale price is the 2006 Jeep Liberty (MSRP: $21,000), which has a resale price at the $15,000-range. Compare that to its major competitor, the Dodge Durango (MSRP: $29,000), which has a resale value of only $16,000. So if you have a Jeep, anytime is really a good time for selling your car.