The Best Time To Buy A Jeep Wrangler: Key Buying Points

When is the best time to buy a Jeep Wrangler?

Is it better to buy a 1-year-old vehicle or an 11-year-old vehicle?

This study calculates the buying points for a Jeep Wrangler — from new 2007 models back to model year 1990.



The Buying Points

There are 3 key buying points during this period that appear to provide the best value relative to the depreciation of a Jeep Wrangler.

So, what type of depreciation can expect you expect?

Let’s take a look at models that are less than 6 years old first.



Model Year 2006 – 1st Buying Point

The first buying point occurs when the Jeep is 12-18 months old. The reason for this is high first year depreciation on a new vehicle. The first year depreciation of a new Jeep is about 15%. This means that you will lose approximately 15% of whatever you invest into a new Jeep Wrangler within the first 12 months of purchase.

The depreciation is less than 7% on average over the next 4 years.

Therefore, the best buying point for newer Jeeps is about the time it is 12 months old. The average cost of a 1-year-old Jeep is $21,148.

The average cost per year (average depreciation) of a new Jeep over the first 4 years is $2,139/yr. The average cost of a 1-year-old Jeep over the next 4 years is only $1,303 per year.

That’s a savings of over $3,344 just buy purchasing a 1-year-old Jeep rather than a new one!

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