Wrangler Earns Highest Resale Value Award: 5 Reasons to Buy a Used Wrangler
When researching which used car to buy next, there are a lot of different aspects to consider. It is important to choose a make and model that suits your individual needs and lifestyle, but it is also essential that the used car you buy is from a good model year. Even if a vehicle has a stellar reputation today, does not mean that the same vehicle from 2010 is as reliable. Buying a used car can save you money and allow you to drive a vehicle with more bells and whistles than if you bought it new. However, if you aren’t careful, that used car purchase can end up costing you a lot of money in the long run.
In an effort to help consumers find the right vehicle to purchase, Kelley Blue Book releases an annual report naming the top vehicle models with the best projected resale value. This annual report has become an essential tool for drivers when making a large car purchase, and can even help project how much that car will be worth when it comes time to sell it. The Best Resale Value Awards were released just last week, and the 2016 Jeep Wrangler made it on the top ten list. This isn’t the first year that the off-road performance vehicle has made this list, which is why we believe that purchasing used Jeep Wranglers is one of the smartest things you could ever do.
Why Resale Value is Important
Unless you plan to drive the car you buy tomorrow for the rest of your life, then considering the resale value of a vehicle is important. Often overlooked by consumers, knowing the potential resale value of a car purchase can be invaluable. Buying a car that does not hold its value, almost guarantees that you will lose money on your purchase. The good news is, that thanks to Kelley Blue Book, we are able to make better educated purchase decisions when it comes to buying a car.
Having the best chance to get back as much money as possible when it comes time to sell your vehicle, is something that every consumer hopes for. Everyone knows that a vehicle is not necessarily an investment, but having a general idea of what your vehicle will be worth in five years, can certainly help reverse that mentality.
Resale value of a vehicle is not just good to consider when buying a new vehicle. Looking at the make, model, and year that a used car was made, can also help with resale value. By purchasing a used car that had a high resale value when it first came to market, you are ensuring that the vehicle you purchase used, is of the highest quality and standards.
Wrangler Makes the Top 10 List of Best Resale Value
In this year’s Best Resale Value Awards by Kelley Blue Book, the 2016 Jeep Wrangler took the number five spot. The organization predicts that the latest Wrangler model will hold its value by 66% after the first 36 months, and by 55% at 60 months. Buying a new Wrangler this year, almost guarantees that you will be able to sell it down the road for at least half of what you paid for it. These numbers consider normal use of the Wrangler, and does not account for extreme driving conditions or improper use. Kelley Blue Book analysts give this prediction based on a vehicle being of average condition, with 75,000 miles after those five years.
The Jeep Wrangler is no stranger to this particular list, and has had a presence on it for a number of years. The 2012 Wrangler took the number one spot, with a projected resale value of nearly 70% after 36 months. The correlation between the Wrangler and exceptional resale value is not by accident. The Jeep brand is known for engineering vehicles to last, so it comes as no surprise that the off-road performance vehicle consistently makes the top ten list for best resale value.
Why the Jeep Wrangler is a Great Used Vehicle to Own
The Jeep Wrangler is known around the world for its ability to perform both on and off the road. It’s reputation for high quality parts, and long-lasting durability, make the Wrangler an exceptional vehicle to purchase used. Check out the top 5 reasons why the Jeep Wrangler makes a great used vehicle to purchase, by exploring below:
Defined the Segment:
The Jeep Wrangler was the original SUV in the United States. Prior to its release in the American market, the term SUV had not been coined. Owning the original is always better than driving a copy – even when choosing to buy used.
Award Winning Tradition:
Another reason why the Wrangler is one of the best SUVs to buy used, is the amount of awards the Wrangler earns year after year. Aside from its most recent accolade from Kelley Blue Book, the Jeep Wrangler has also been named one of the lowest cost-to-own vehicles for years in a row, and one of the coolest cars under $25,000. The list of recognition continues, growing with each Wrangler model that is released.
Jeep vehicles have always been known for their off-road capability. The Wrangler has an especially impressive off-road presence, and older models give drivers the chance to own that exceptional capability without paying the full sticker price.
The Wrangler has been on the market here in the United States since 1986. Each model year of the Wrangler comes with different standard features, options, and trim levels. When buying a new Wrangler, you are limited to what is being offered on that exact model, that exact year. On the contrary, when you purchase a used version of the Wrangler, you are only limited by your own determination level. If you want to buy a Wrangler from 2006 with a lift kit, premium sound, and roll bars – then with enough persistence, you should be able to find it.
More Bang for Your Buck:
On the same token as the previous point, you will end up getting a lot more Jeep for your money when you buy used. One thing that most Wrangler drivers have in common, is that they rarely opt to keep their Jeep conformed to factory standards. By searching for used Jeep Wranglers, you are almost guaranteed to find a version that has been tricked out for better performance, and enhanced capability.
Not all Used SUVs are Created Equal
Buying a used vehicle can be intimidating. The uncertainty that comes with a pre-owned car can be hard to swallow, and drives many consumers to purchase new vehicles. While this is true of a lot of automotive brands, it is far from the truth when it comes to Jeep.
Aside from the undeniable quality that Jeep offers with all of its vehicles, Jeep owners tend to take exceptional care of their cars. This phenomenon can’t be proven in any measurable way, but when you research and test drive used Jeep Wranglers, you will immediately recognize this truth. There is a certain amount of pride that is felt by Jeep drivers, and it translates directly into the care of their vehicle.
Whether it is the spirit of Jeep ownership, or the high resale value award recently bestowed upon the Wrangler by Kelley Blue Book – the fact of the matter is, Jeep Wranglers make exceptional used cars.
Be sure to stop by The Faricy Boys and take a used Jeep Wrangler for a test drive, today!