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WranglerKelly Blue Book Says Wrangler Retains Value
Posted by mike on 2003/1/14 0:00:00 (1411) reads

Kelley Blue Book forecasts that the 2003 Jeep Wrangler is one of the best cars at retaining its value.

Kelley Blue Book, the trusted resource for used and new car information, is releasing a forecast of 10 2003 model year vehicles that will best hold their value over the next five years.

Based on current vehicle data, expectations of the future economy and the combined experience of the Kelley Blue Book editorial team, a list was created forecasting which 2003 model vehicles might retain the greatest amount of their original MSRP (manufacturer's suggested retail price). Savvy consumers in the market for a new vehicle may want to take a closer look at the following list.

  2003 Models KBB Forecasts Will Best Hold Their Value Over Next Five Years           Acura MDX                          Jeep Wrangler         BMW 3-Series                       Lexus LS 430         Chevrolet Corvette                 Mercedes CLK         Honda Civic                        Mini Cooper         Infiniti G35                       Toyota Tacoma    

(High performance, low volume vehicles or vehicles with an original MSRP over $60,000 were not taken into consideration.)

While a new car should not be considered an investment, there are some vehicles that hold a greater percentage of their original value than others. Several factors determine the current market value of a vehicle. The factors that carry the greatest weight are consumer demand, availability, and vehicle quality.

Kelley Blue Book values are the most accurately and frequently reported for the consumer on the Internet today. All Kelley Blue Book used vehicle values are based on data obtained from dealers, auction data, remarketers and consumers through a feedback tool on the company's Web site, kbb.com .

Every Kelley Blue Book value takes into consideration the region of the vehicle, its engine, transmission, trim style, optional equipment, current mileage and current condition. In addition to actual vehicle details, other considerations that determine a vehicle's value include the current marketplace, current economy and again, supply and demand. Kelley Blue Book only reports factual and timely data that best reflects the current marketplace.

For more information on Kelley Blue Book values and definitions, see www.kbb.com or contact media relations.

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Poster Thread
Anonymous
Posted: 1969/12/31 19:00  Updated: 1969/12/31 19:00
 Originally posted by: Patrick
Is no news good for you Jeep owners? This is not another conspiracy theory set against Jeep. Look at any auto sales section and note that the Jeep Wranglers have held their value well over the past few years. This is nothing new; although a top ten rating maybe. It may have to do more with the unique and slow evolution of the Wrangler design and drivetrain, but most definitely is NOT a consequence of the Rubicon model being added. Save the uptight comments to when the Wrangler or 04 Grand gets the 3.7 V6.

Poster Thread
Anonymous
Posted: 1969/12/31 19:00  Updated: 1969/12/31 19:00
 Originally posted by: to hell with hondas
probly because of the rubicons...but im still not beliving it

Poster Thread
Anonymous
Posted: 1969/12/31 19:00  Updated: 1969/12/31 19:00
 Originally posted by: Bill
For what it may be worth, if you go to your local Jeep dealer and compare the lease payments for a 2003 Wrangler with the lease payments for a 2003 Liberty with the same sticker price, you will discover that Chrysler Credit agrees with Kelly Blue Book. Residual value on the Wrangler after 3 years is 60%; on Liberty, 40%.


Poster Thread
Anonymous
Posted: 1969/12/31 19:00  Updated: 1969/12/31 19:00
 Originally posted by: To hell with hondas
never did i say that this was a bad thing!! jeez. i mean a 97 TJ loaded is only 7k! i dont thing that the resale has gotten better that drastically, i mean it is an american car and you know how everyone hates american cars.

Poster Thread
Anonymous
Posted: 1969/12/31 19:00  Updated: 1969/12/31 19:00
 Originally posted by: MalcomXJ
Huh? Conspiracy theory? All I'm saying is that this doesn't jibe with my experience. I'm questioning the efficacy of this judgement, just as I do with Consumer Reports semi-annual attack on SUV ownership. The common denominator between the two seems to be the lack of common sense.

Poster Thread
Anonymous
Posted: 1969/12/31 19:00  Updated: 1969/12/31 19:00
 Originally posted by: MalcomXJ
They themselves admit that this is a subjective judgement based on their "experience," along with other factors that are passingly-referred to. In other words, they're making this stuff up.
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