I’ve situated a 2015 Jeep Rebel Trailhawk demo. The owner’s 16-year-old daughter was presented this car on her behalf 16th birthday, and she piloted it for 3,000 miles (an undeniable fact that doesn’t altogether depart me with comfortable fuzzies).
The dealer’s?first provide, which included a trade-in associated with my?2005 Next year XLT with 51,444 mi, was $17,497 difference – without seeing my personal truck. My Ranger?a very clean, well maintained, two-owner instance. Black Book values?its trade-in value from $4,400, but I wouldn’t?give it up for less than $5,Thousand.
My needs are couple of, and the truck meets them. However, I’deb be happy if I might get into the Renegade?in my trade plus $15,Thousand. I’ve always?wanted to enjoy the local Jeep jamborees and trail operates, and I need a “Path Rated” Jeep to participate.
Is this particular deal feasible or even am I being unreasonable? And what things should I keep in mind buying a demonstration?
You know what’s humorous? I actually had a minor stroke in that dealership. I kid you not. And it wasn’t due to an overpriced 4×4 Renegade demo, possibly. Nah, this one isn’t too badly priced, but we’ll enter into that in a bit. First things first.
Let me be blunt. The Rebel sucks. I tried to create a review of one that We drove into Brooklyn a couple weeks ago, but it was so goofy and stupid that I just couldn’capital t bring myself to get it done. It manages to pull every ounce of the goodness right out of the Fiat 500X as well as replaces it with 100% Pure Poseur. I’d take the Fiat every day over the Renegade, and twice upon Sunday.
But, that being said, it seems like you have an affinity for the car, and I learned a long time ago that nobody really wants a conflicting opinion on a car that he/she currently loves. So let’s address the real query you asked: is that this a good deal, and what if you are searching for when buying a demo?
Demos?can be an outstanding method of getting a new car at a much reduced price. 3,000 miles don’capital t bother me that much on a car. You’re talking about maybe 1/60th from the usable life of a contemporary car, and you’re likely to get much more of a relative discount on it than that.
So what in the event you look out for?
First of all, could it be really a demo? Or was it a service loaner? Or, God prohibit, a program car?
Depending upon where you live, all three of these can end up being sold as “brand new cars.” Demos typically aren’t that bad, but keep in mind that the majority of car dealers haven’t actually owned an individual car – they have no idea what cars are really worth. Let’s suppose somebody gave a new, free car every 90 days. Can you really take good care of this? Would you ensure that it got its?first oil change on time? Or would you just send it back and get your next free car? It’s some thing to think about.
Service loaners and plan cars should be prevented like the proverbial plague. Service loaners are abused by customers daily, and they’re also usually used as the “lunch run” car. Don’t perform?it. Seriously. Meanwhile, program cars might be driven by a local OEM regional street warrior rep for a few thousand miles, only to be ridden hard and put away wet. Or even, even worse, it could happen to be a press loaner! Do not want.
However, if it really is a demo that’s for sale as new, that’utes actually going to be in your favor. You’ll get better financing options than you might on?a CPO car, and you’lmost all qualify for all of the current rebates. It looks like they’ve this particular model listed as “new,” to ensure that means that you’ll entitled to the $2,000 in incentives that Jeep is providing, or 1.9% curiosity financing.
Which brings me personally to Thing To Consider #2: What’s the actual history of this car? I’deb ask them for a vehicle background report. They might hesitate at first, but you’lmost all want to verify which little Miss Expert degree (Papa Has Car dealership) didn’t run this into a tree. The whole “my daughter lent it for 3,000 miles” doesn’t jive beside me. Get the real story.
TTLOF #3 (I made up a cool acronym): What’s the particular price? Is the dealer presenting this cost to you as before or after rebates? My guess is that the $17,497 price includes individuals rebates. If that’utes the case, they’re only offering you $4,000 for the trade, and Kelly Blue Book Immediate cash Offer is closer to $5,000. The numbers really are a bit fuzzy. We don’t think you’lmost all get anywhere close to that $15,000 price?you want, though.
That being said, the number they’re offering you is a very fair price for that Renegade (in the event that that’s what you’re into). Standard industry math for determining a price on a lender is to take the invoice price of the car and treat it like a vehicle that’s exceeded lease mileage – quite simply, deduct?20-25 cents per mile. In this case, that’utes $26,396 minus about $750, or approximately $25,650. $23,447 seems like a decent?deal, when you factor in that it’utes at the end of a model year. However, you might be capable of finding a similar 2015 that?isn’t?a demo?with all the same rebates and a dealer who’s willing to seriously discount it, as well.
So, in short -?indeed, you’re being not reasonable to think that $15,Thousand is gonna float. But, it by no means hurts to make a deal and to be prepared to walk away if they don’t take it. Maybe fulfill them in the middle from $16,300 and see what goes on.
But did I mention that the Rebel sucks? Just ensuring.
Bark M. doesn’t like the Jeep Renegade, but he likes you! Send your questions to him or her at [email protected] or on the Twitters at @barkm302. Gracias.