Depriciation hits SUVs hard - Jeep Commander Forums: Jeep Commander Forum
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post #1 of 44 (permalink) Old 06-14-2008, 04:17 PM Thread Starter
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Depriciation hits SUVs hard

Back in December I purchased a new 2007 Commander Limited (MSRP $42k). I've been very happy with the vehicle, but 6 months and 5k miles later, my Jeep is now worth about 12k for a trade, and maybe 15k if I sell to 3rd party, less than a 1/3 of its original value - understand that I almost fell through the floor when I learned this.

So, not trying to scare anyone, but if you're considering buying a Commander in today's environment, you better take this into consideration.

Last edited by LBCBJ; 06-15-2008 at 12:17 AM.
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post #2 of 44 (permalink) Old 06-14-2008, 04:37 PM
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WHY would you even consider selling or trading after 6 months. You lost the majority of the value in the 1st 5 minutes after you left the dealership.

Vehicle prices have tanked lately, if you hadn't noticed. Especially large displacement vehicles like the Hemi.

An Audi A4? Not even the slightest semblance of closeness to the Commander! Totally different! Why did you buy the Commander?

'06 Commander Limited, Black, Hemi, Nav; '04 Cadillac SRX AWD, Blue, N*, UltraView, NAV; '00 Regal 29' Commodore
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post #3 of 44 (permalink) Old 06-14-2008, 04:37 PM
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Strange that my 06 XK Ltd Hemi is worth a lot more than yours. I guess that it depends on where you are. I am going by NADA and KBB.
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post #4 of 44 (permalink) Old 06-14-2008, 04:59 PM
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Here is the KBB on my 2006 which I paid $30,000 for. It is right where I would expect it to be


Excellent
$23,865

Good
$22,600

Fair
$20,860





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2006 XK, Steel Armadillo Front Bumper w/Warn Powermate winch, Rear Bumper w/tire carrier & Super Sliders, Rhino Rack Roof Rack and Foxwing Awning, KC Lights on Steel Armadillo Light Bar, 4xGuard Rear Differential Cover, Steel Armadillo Plates.
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post #5 of 44 (permalink) Old 06-14-2008, 05:23 PM
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2006 Commander limited all options
2006 Nissian Nismo
2009 Lexus SC430

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post #6 of 44 (permalink) Old 06-14-2008, 05:28 PM
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Quote:
Originally Posted by LBCBJ
...my Jeep is now worth about 12k for a trade, and maybe 15k if I sell to 3rd party, less than a 1/3 of its original value...
Thanks for the heads-up, but I really didn't buy mine for the trade-in value. Sorry you've had such a rude awakening.


08 Black Limited - 5.7 Hemi - QD-II/Hooks/Plates - Nav/MyGig/DVD - TTG IV - Remote Start - Auto Liftgate w/Camera - etc...
Build date: 12/07

Mods: Chrome grabber handles installed.
Tires: Hankook Dynapro ATM 245/70R17
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post #7 of 44 (permalink) Old 06-14-2008, 07:59 PM
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My trade in value is priceless because I have no plan to trade at any point.

RIP - Silver '06 Limited; 5.7 Hemi; 2" TerraFlex Lift; 255/70R17 Bridgestone Dueler REVOS, Horizontal Inclinometer, Signal Frog Antenna Ball, Surco Safari 50"x50" Roof Rack, GetLost4x4 bumper, Bulldog 9k Winch, GetLost4x4 Rock Rails - (should have added a snorkel)
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post #8 of 44 (permalink) Old 06-14-2008, 09:15 PM
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Quote:
Originally Posted by PolarBZ
My trade in value is priceless because I have no plan to trade at any point.
Agreed, I didn't buy mine to trade, but to use and keep for a long time.

2006 XK Sport, 4.7l, QTII- many mods
----------------------------------------------------
'An armed society is a polite society. Manners are good when one may have to back up his acts with his life."- Robert A. Heinlein

"Men sleep peacefully in their beds at night because rough men stand ready to do violence on their behalf."- George Orwell



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post #9 of 44 (permalink) Old 06-14-2008, 09:17 PM
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Mine is paid for an will always be worth more to me for what I use it for than to someone else. To me this sounds like "buyers remorse".
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post #10 of 44 (permalink) Old 06-14-2008, 10:34 PM
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Not trading mine. My 6yr old son has his eye on it so it will be his in 10 yrs to play with. May have to convert it from HEMI to hydro in 10 yrs though...

Current: 12' JK CODMW3 #1369 of 3600 4Dr. Past: 10' JK Rubicon 4Dr, 06' XK Limited 5.7L, 97' XJ Sport 4Dr
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