I used to work at one of their dealers and asked 5 years ago WHO TF they plan to sell them to?! Now, even Jeep loyalists can't afford then. They're demanding luxury prices without luxury quality
@@mr.foxwiz1653in terms of what? I have one of each and jeep is a lot more fun, has a better engine and transmission, better interior. It beats Toyota in many ways. Now if I needed a 10 year old truck to buy, I would go Toyota only.
3 місяці тому+78
This is simple. You cannot keep charging luxury vehicle prices for vehiclss that aren't luxury. Most working Americans cannot afford this shit. I'm an electrician for them and its crazy the stories I hear from these idiots with their car notes. One dude is LEASING a 6 cylinder Ram for $925. A damn LEASE!!!! This is friggin dumb. The auto industry is so damn out of touch on all levels. There is no way I would even consider buying anything we push out the door.
Someone else is out of touch on what the western economies are doing. It is really nice being out of debt and waiting for liquidations and foreclosures.
those prices are insane! They can't really expect to make sales with those numbers. People looking to spend that amount of scratch are not looking for a Jeep!
@@shuura They apparently want to compete with the land rover, on price, lack of dependability and the lack of dealers. Wait for it, they will have about the same sales numbers before long.
I absolutely could not agree, the average person just doesn't have the money, they are totally broke,major big time collapse of credit ,way too many vehicles (25000 per day) are being repossessed .the system is beyond broken.we also have a big negative equity problem further complicating vehicle sales, more and more just can't qualify.
i wouldn't pay more than 35k for a jeep wrangler cause that's all they are worth. I can't believe how any company would charge that and think "yeah people will pay over 100k for this". CEO's have the worst business logic than anyone i've ever seen.
There is not one stellantis product worth a 100K i had work there for 15 years and every part of the car is made cheaper(overseas) and the quality has gone way down
Finance major here (I work in corporate finance and build models) just buy a Toyota Corolla used (4-5 year mark) and then ride it for 5-7 years…I promise you’ll be richer than any of your neighbors.
I feel like when I hear a guy with an accent talking about my American jeep vehicles kind of makes me sick. I have a jeep and love the brand but they are killing it with these high prices and poor quality
Stellantis is really just a bunch of globalist fascist billionaires. This is their way of sticking to the unions and destroying American manufacturing.
A European leading Jeep? Let's start there, what the hell does he know about the Jeep culture? The last jeeps in Italy were storming the beaches of Anzio.
First UA-camr I've seen, who actually mentions that OTD price, you have earned a subscriber. It has always bugged me how all the other one say - oh , MSRP is $55K so at least it's not $60K vehicle... But it is over $60K vehicle with the tax and the inevitable dealer fees. Keep up with the real pricing man !
@@gs98999 I wouldn’t take it for free. I have a pretty good reputation I try to maintain and driving a jeep would definitely kill it. Do something smart and buy a 5th gen or older 4Runner
@@Vincent-ke5zndeath wobble is solved by caster adjustment. Many people buy these jeeps and then go throw a lift on it without considering the angles involved which leads to the wobble.
As far as I am concerned they can sit on these vehicles. Companies have walked away from the common, everyday customer which is the largest market and now its catching up to them. I miss the days of buying a simple, reliable car at an affordable price.
We traded our Rubicon about a month ago…While we enjoyed it, it wasn’t practical and I wasn’t waiting for something else to fail out of warranty…I kid you not, the thermostat housing failed with less than 10,000 miles on it… Coolant everywhere…Fixed under warranty…
I paid about $60K for my Wrangler late last year...when I told my wife, I was sure we were gonna part ways. Not because of the money but that I would pay that much for a Jeep. She said I was dumb as a rock...she's asian. Didn't even know she was familiar with that saying.
I would gladly pay $100,000, or even MORE for Jeep. What a steal! I mean…$100,000 for the WHOLE… ‘company’. For a Wagoneer or a 392 Wrangler? Absolutely Ludicrous! Thanks for the video.
I owned a 1998 Jeep Grand Cherokee 4x4. It was in the shop for transmission problems, more that in my driveway. I soon traded it for a 1999 4Runner and never went back to Jeep again.
I’m semi retired and have worked at a Jeep dealership for 7 years.I just bought a Buick envista for under 26k.A compass with the same equipment is over 34k. I don’t have all wheel drive but I don’t need it. The price difference is too much.
Market is building to a perfect storm. - Dealers are seeing fewer people willing to pay these prices at current rates (with or without additional markup). - Many of those that bought/traded-in at the gouging peak in 20-22 (who may be interested in getting new again), are more likely to be underwater on their current vehicle. They'll either elect to hold onto what they have, or risk going further into debt. - We're already seeing a tightening in the used car market. Smaller lots typically rely on third parties for financing. It's getting harder to for them secure loans for customers these days, which will help drive prices down.
I bought a jeep wrangler in 2015 (2 door Sahara) for $36k (CAD), 4 door was $46k now $75KCAD. The base wrangler sport nothing added was $21k. Love the one we have, but it is going to be a Tacoma next.
lol I'd love a Wrangler but due to the pricing there is no way I'm buying a new one. They were always expensive but there were some affordable ones but now they are just all out of reach.
@@Jag-leaper Silverado RST with the 3.0l diesel because they were 0% financing at my dealer, I had a family discount (about 7Gs off) and my trade in to lessen the monthly.. the amount of money im saving in fuel and the repairs i would have had to made on my jeep made it worth it for me
I own a 2013 wrangler with 327k miles. Just developed a bad head gasket i believe..still troubleshooting. Just bought a new sierra 1500 elevation for about 58k out the door. My down payment and their 3500$ cash rebate helped a ton. I will say...no wrangler is worth over 50k. At best the 392 should be around 70k. Its all hard plastic as far as interior goes which is necessary for said vehicle. If your gonna sell wranglers for 70 ok to 140k ....they should come with radar absorbent paint, night vision, run flats, beefier undercarriage bracketry, dana 60s, bulletproof doors and windows. If your paying over 50k youre getting robbed. Its utalitarian vehicle....
Absolutely way too much money for what you get with these vehicles. A literal gouge fiesta and this brand will sink or swim. Time for them to get serious about aligning the proper pricing with these units
@4:51 - One of our cars is a 2008 Lexus RX350 AWD. It has every option except the Martin Logan sound system. It went out the door with a sticker price of $47K and change (I still have the original dealer ticker in the glove box.) We got it at 134K in 2017. Paid $10,500. We got a WHOLE LOT more car than any Jeep. Hell, we put more miles on this USED Lexus that a Jeep would do in a lifetime. We have put well over 100K on it since we have owned it.
About a month ago I was following an F-250 basic stock truck with a flat bed on the back. I call a farmer truck. Brand new no plates. He hit a small bump in the road and the right wheel started shuddering. Came apart and the whole wheel assembly folded under the truck and came to a full stop. If the suspension on a F-250 could do this. Imagine the cheapness in what they are building now.
That 4ex getting 49 miles of use is hard to pass up for an extra $5k plus. I have a TJ still and won't pay the high prices for a wrangler. The Dealers aren't talking about why, but people are obviously paying.
@@markholubetz Here in Quebec city, the situation is not better than in the rest of Canada. Stellantis dealers are overflowing with overpriced vehicles that are not selling. I went up to see the inventory of the Stellantis dealership last week. and they had a brand new 2021 Jeep still up for sale. Talk about Lot rot. Antoine Joubert also said that he knows of about 10 Ford dealerships that are up for sale in the province of Quebec alone. Things are really bad for vehicle sales right now.
There are still new 2023 wranglers in the Chicago area, the sales have really plummeted They’re not iconic anymore and the younger generation could care less about a Jeep
4XE, the model no customers ask for and don't want to pay extra for. And the European CEO has no idea what people expect from Jeep, his idea may not match the customers ideas. The price points certainly don't.
Stellantis isn't going to survive their pricing, I don't know if any car manufacturer will. Labor is one of the largest costs of vehicle manufacture, when you consider benefits, retirement, etc. The unions are killing auto companies. Just wait until the new wage increases hit and prices REALLY go up. They think they aren't selling now? With a 40% wage increase it will bury the big 3.
If Stellantis were smart they would scrap everything but the wrangler and ram pick up. It’s all garbage quality, but people over look it for those two models. Make it their own brand. Still need to lower prices 30%.
I'm sticking to my 1942 jeep. Restored for 20,000 top to bottom front to back. 134 L head with a three speed. Don't have to worry about it being stolen because most thieves can't drive a manual transmission 😂
Ok so these are Canadian prices. Right now you can buy a 4 door jeep wrangler for low 50k Canadian which is high $30k US. So while some of these are very expensive. They do offer more affordable ones too.
I just bought a Kubota tractor for 40k. 54 hp. It will earn me money and pay for itself in 1 year but i can wright it off for 10 years. I will plant 5 acres worth of palm trees at $25 each and look to sell them for $500 in 5-7 years. It's a side business which gets me a tsx exemption on my personal acerage.
A key point often missed is these vehicles are simply not worth the asking price. The cost to value is simply not there. Car prices should be cut in half at a minimum.
My sister has commuted up and down a steep, dirt road from the prairie down to the valley, for work, for many years. She always liked the Cherokees and the Grand Cherokees. She could always find a used one at a good price point, and just bought another one the other day. Good deal. The new one is in good shape. A Toyota probably would have lasted twice as long, but they were always too spendy, she thought. I've always bought Toyotas, used, and only had the money to get a new one in 2012, for the first time. I didn't trade in my old one. I just bought the new one. Now I have two Toyota pickup trucks, with the 31-year-old and the 12-year-old trucks still going strong. I wouldn't touch a new Jeep with a 10-foot pole, but I would probably be tempted if I came across one of the older ones, with the straight 6.
I was going to upgrade my 2011 Sahara wrangler, 86,000 dollars here in Canada for a new one, like you say after taxes wow way to much for a jeep. I put 6000$ dollars into my 2011. Way better value.
When the vehicles don’t sell, then they stop -limit- the production. Layoffs at manufacturing plants and management levels. Dealerships go out of business. They will start selling direct to consumer. People still buy vehicles they can’t afford just to look good to their neighbors and people they drive by and in traffic.
I cant even afford used ones anymore, mine is 05 im using it's getting long in the tooth, I gotta get a closer job where I can bike, looking at older Mazdads, Toyotas, older chevy Colorado or Canyon.
Finally, someone is saying it. I hate all these other cartubers be like "omg, these cars aren't selling and whhhyyyyyy" because it's so f*cking expensive. It costs over 100k for a vehicle really worth 15-20k brand new.
These high prices started two years ago. FCA is pricing their vehicles higher to help pay for their EV future. When 2023 Gladiators didn't sell, they heavily discounted them to move. They will need to do the same thing for the 2024 models because I am watching them sit on the lots. New wrangler sales are slowing but there always seem to be someone dumb enough to pay $50k-$70k for one.
I don't think they've 'heavily discounted' them so much as dealers had to reconsider charging markups once they realized the hype has died out; they're out of suckers willing/able to wreck their finances on an inflated car payment. And even now, they're being deceptive about it. Another youtuber showed a Willys trim Gladiator that the dealer claimed was 'discounted' to 43k from a claimed 58k... if you visit the Jeep website... there's no possible way to spec one to that price (with the options that i could see on it). Dealers are now trying to use their inflated markup to make it seem like selling it at a 'fair' price is somehow a 'steal'.
I want a new or slightly used Gladiator buy I'm not paying 60 grand plus for one it can rot for all i care. and the interest rate will kill you right now.
Personally, I love my 2009 Patriot. I purchased it new and paid it off in 2 years. It is stripped with only an am/fm radio and air conditioning. It has the 2.4 L engine that has a timing chain, not a rubber belt. Apparently, Jeep got rid of the Patriot because it had old tech. That's EXACTLY why I love it. I love the fact that my friggin oil change last week cost me a messily 20 bucks!
I had a 15 Patriot but sunk a ton of $ in it..sensor 1200 bucks & it left me stranded 3x. Traded for a Toyota & I hate it! I know I'm the minority..I want to trade for another jeep 😅 loved the simple Patriot
I rented a Jeep Compass in Germany. I practically got run over on the Audubon. No power and it smelled like it was burning up. $49,000 for that hunk of junk.
Welcome to the wonderful world of the haves and have-nots. The auto manufacturers are not stupid, I think, but maybe this is a strategy to make internal combustion vehicles so expensive that people have to turn to electric. The problem with this is that the electric vehicles are also insanely expensive.
Too expensive , our last Grand Cherokee fully loaded purchased for 42 t she has 50 thousand miles on now ! Looks like this will be the last for us 😢😢😢😢
If I won the lottery $300million ,I still wouldn't spend $100k on any vehicle especially Stellantis
Agree
If you won 30% of one billion dollars you wouldn’t spend 0.0003% on a car??? You’re terrible at math.
The most i will pay for a Rubicon is 55k with leather seat,
@tonyvega7268 I wouldn't pay $5k for those death wobble machines especially as long as they are getting lot rot
I would I would get one of those final editions of the wrangler 392
I used to work at one of their dealers and asked 5 years ago WHO TF they plan to sell them to?! Now, even Jeep loyalists can't afford then. They're demanding luxury prices without luxury quality
My goodness, car manufacturers are so out of touch
They are. People do t have that kind of money, and the few that do usually don’t spend it here
You are delusional. Wealthy people are wealthy for a reason.You are thinking of people who are pretending to be wealthy who live off of credit cards.
@a.leehilliard4716 The rich people you are talking about. The last thing they care to own is a Jeep.
Imagine 50K for a piece of crap Compass, I can't believe people would even look at these things.
That jeep compass competes with a RAV4 at 4Runner prices. Stellantis are out of their minds
Toyota is just as crazy. Wait til next year, the new 4runner will be starting 50k with 5k dealer markup. High end 4runner will be 80k.
Amen to that 🙏😇
No way a Jeep competes with a Toyota product. Not in this universe.
@@mr.foxwiz1653 I only meant by size
@@mr.foxwiz1653in terms of what? I have one of each and jeep is a lot more fun, has a better engine and transmission, better interior. It beats Toyota in many ways. Now if I needed a 10 year old truck to buy, I would go Toyota only.
This is simple. You cannot keep charging luxury vehicle prices for vehiclss that aren't luxury. Most working Americans cannot afford this shit. I'm an electrician for them and its crazy the stories I hear from these idiots with their car notes. One dude is LEASING a 6 cylinder Ram for $925. A damn LEASE!!!! This is friggin dumb. The auto industry is so damn out of touch on all levels. There is no way I would even consider buying anything we push out the door.
Agreed, it’s a simple strategy, but that’s not their target operating model
Someone else is out of touch on what the western economies are doing. It is really nice being out of debt and waiting for liquidations and foreclosures.
That CEO believes his own shit...
Lmao Right 😅😂
Or maybe smoking his own shit ..🤣
When Jeep prices start approaching on Porsche 911 prices......... you know something is out of wack.
Im not kidding.
I agree!
I agree, that’s purely ridiculous
those prices are insane! They can't really expect to make sales with those numbers. People looking to spend that amount of scratch are not looking for a Jeep!
Exactly
@@shuura They apparently want to compete with the land rover, on price, lack of dependability and the lack of dealers. Wait for it, they will have about the same sales numbers before long.
30k is absolutely pushing it for a vehicle
That’s still a lot of money
Yeap, and is a Jeep😂😂😂😮😢
I absolutely could not agree, the average person just doesn't have the money, they are totally broke,major big time collapse of credit ,way too many vehicles (25000 per day) are being repossessed .the system is beyond broken.we also have a big negative equity problem further complicating vehicle sales, more and more just can't qualify.
$130,000 for a Jeep Wrangler?😳🙄😲 Like my Mama use to say to me, “boy, are you crazy.”
Yep, a local lithia dodge dealer added a lift kit, new tires, bumpers on a gladiator & was selling it for $140k last year
The idea they have not fired this CEO is pure madness
He just started... that's the problem.
i wouldn't pay more than 35k for a jeep wrangler cause that's all they are worth. I can't believe how any company would charge that and think "yeah people will pay over 100k for this". CEO's have the worst business logic than anyone i've ever seen.
There is not one stellantis product worth a 100K i had work there for 15 years and every part of the car is made cheaper(overseas) and the quality has gone way down
For sure
💯 on point!
I thought there quality was always crap
I worked 33 years for dodge and would never buy one , but I sure made a butt load of money
not true for the wrangler though...dana axles, newprocess transfer cases etc...all made in usa
Finance major here (I work in corporate finance and build models) just buy a Toyota Corolla used (4-5 year mark) and then ride it for 5-7 years…I promise you’ll be richer than any of your neighbors.
Toyotas are overpriced now too. Word has gotten out
@@alivenumber5 yeah I was lucky to buy mine used at 60k miles for $12,000 (1 owner)(no accidents) and the loan was very easy
this guy gets it. buy a 3-5 yrs old Corolla. change fluids regularly. and it will last a decade at least. bulletproof powertrain
I feel like when I hear a guy with an accent talking about my American jeep vehicles kind of makes me sick. I have a jeep and love the brand but they are killing it with these high prices and poor quality
I just posted the same thing about the accent, it turned my stomach. We are selling america the the highest bidder. 😢
consider dat a divorce with austrian accent from stellantis cars
I said this 3 months ago: "It seems Stellantis is working hard to shut down CDJR"........
It’s headed that way
Let them Rust .
Exactly
Exactly my thoughts
They are made out of plastic.
I'm not buying shit from a company where the ceo doesn't even know English.
Turned my stomach.
"American made" my arse...
Stellantis is so out of touch with reality.
Stellantis is really just a bunch of globalist fascist billionaires. This is their way of sticking to the unions and destroying American manufacturing.
You’re wrong. They’ve calculated everything. Big bail out is coming soon.
A European leading Jeep? Let's start there, what the hell does he know about the Jeep culture? The last jeeps in Italy were storming the beaches of Anzio.
Yikes
First UA-camr I've seen, who actually mentions that OTD price, you have earned a subscriber. It has always bugged me how all the other one say - oh , MSRP is $55K so at least it's not $60K vehicle... But it is over $60K vehicle with the tax and the inevitable dealer fees. Keep up with the real pricing man !
A wrangler should be 28k tops
Agree, square crap box. Fun but not worth it
@@markholubetz Yea they’re junk
agreed, but you all seem to forget 28k in 2019 is worth 14k in 2024, at least everyone is safe though
It should be free.
@@gs98999 I wouldn’t take it for free. I have a pretty good reputation I try to maintain and driving a jeep would definitely kill it. Do something smart and buy a 5th gen or older 4Runner
Let ‘em rot on the lot. JEEP = Just Empty Every Pocket. 😂
Agreed
Love that !!!!
When all else fails, build simple, rugged, capable, easily repaired, affordable, utilitarian Jeeps, rather than luxurious school buses. 🎉
Right. Keep it simple
@@markholubetz Never underestimate the arrogance of Europeans.
@@markholubetz yea like a model A
They are still junk, I don't want a vehicle notorious for the death wobble going down the interstate
@@Vincent-ke5zndeath wobble is solved by caster adjustment. Many people buy these jeeps and then go throw a lift on it without considering the angles involved which leads to the wobble.
As far as I am concerned they can sit on these vehicles. Companies have walked away from the common, everyday customer which is the largest market and now its catching up to them. I miss the days of buying a simple, reliable car at an affordable price.
Same here. Can see buying a new daily driver ever again
No wonder 25% of Canadians are now below the poverty line. Ridiculous prices
We traded our Rubicon about a month ago…While we enjoyed it, it wasn’t practical and I wasn’t waiting for something else to fail out of warranty…I kid you not, the thermostat housing failed with less than 10,000 miles on it… Coolant everywhere…Fixed under warranty…
You ditched it just in time. Aluminum corrosion was just around the corner for you.
$130,000 for a Jeep? Stellantis must be sprinkling vintage Jeep paint chips into their lines of coke.
Totally out there for sure. I am not buying at these prices
They would rather destroy inventory to keep the prices up
wait...he started eating cat food BEFORE he gave the truck back? Maybe his money problems are due to lack of intelligence...
Cheep Cheep Cheep!🤣🤣🤣
Cheap makes expensive sales
Indeed
I paid about $60K for my Wrangler late last year...when I told my wife, I was sure we were gonna part ways. Not because of the money but that I would pay that much for a Jeep. She said I was dumb as a rock...she's asian. Didn't even know she was familiar with that saying.
Ouch. That’s a fair chunk of change though.
@@markholubetz Well your comment was much nicer than hers...we are still keeping that oil burning Audi tho...so there's that
Hmmmmmmm? 60 K for a JEEP R U Kidding?
Your wife should divorce you
@@georgeallen7667 Let ya know if she does...a couple more fingers will make it 20. I have a feeling she ain't going anywhere.
I would gladly pay $100,000, or even MORE for Jeep. What a steal! I mean…$100,000 for the WHOLE… ‘company’. For a Wagoneer or a 392 Wrangler? Absolutely Ludicrous! Thanks for the video.
I owned a 1998 Jeep Grand Cherokee 4x4. It was in the shop for transmission problems, more that in my driveway. I soon traded it for a 1999 4Runner and never went back to Jeep again.
Nissan quality with Lexus pricing. LOL.
Pure silliness
😅😂😅😂
Nissan has a higher quality than Jeep, sadly.
I’m semi retired and have worked at a Jeep dealership for 7 years.I just bought a Buick envista for under 26k.A compass with the same equipment is over 34k. I don’t have all wheel drive but I don’t need it. The price difference is too much.
Buick Envista “Made in China” explains lower price.
@@nikkoalpha2 actually,Korea
Market is building to a perfect storm.
- Dealers are seeing fewer people willing to pay these prices at current rates (with or without additional markup).
- Many of those that bought/traded-in at the gouging peak in 20-22 (who may be interested in getting new again), are more likely to be underwater on their current vehicle. They'll either elect to hold onto what they have, or risk going further into debt.
- We're already seeing a tightening in the used car market. Smaller lots typically rely on third parties for financing. It's getting harder to for them secure loans for customers these days, which will help drive prices down.
I bought a jeep wrangler in 2015 (2 door Sahara) for $36k (CAD), 4 door was $46k now $75KCAD. The base wrangler sport nothing added was $21k. Love the one we have, but it is going to be a Tacoma next.
lol I'd love a Wrangler but due to the pricing there is no way I'm buying a new one. They were always expensive but there were some affordable ones but now they are just all out of reach.
Yes not much obtaining here
Great share! I used to want the Jeep Gladiator, but the price was so ridiculous that I never looked back into it.
$130,000k for a jeep???
I got my 10 acres of wooded land for less than that!
Jeep is going out of business because the word is getting around that they make garbage vehicles.
Fire every top level manager and start over!
i got rid of an 2018 wrangler, was gonna have problems i could feel it
What did you get?
@@Jag-leaper Silverado RST with the 3.0l diesel because they were 0% financing at my dealer, I had a family discount (about 7Gs off) and my trade in to lessen the monthly.. the amount of money im saving in fuel and the repairs i would have had to made on my jeep made it worth it for me
How about giving us a 2 door with a 4.0L straight 6, striped radio and 4x4 only... make $23k that's what we want
They have no base jeeps at all. That’s the problem
I know it’s super hard to find a base tag top 2 door and manual V6. That’s should be 20k
Oh they base jeeps, just not base prices...
The problem when people making $40 million a year decide what an affordable car payment is.😂😂😂😂
Your car is not a home.
Cars are to expensive
Way too much. Gotta wait for better deals or no deal
Banks give loans over MSRP and for 7 or 8 years is not helping. As long as people continue to buy these overprice vehicles the price will not change.
Yep, the banks are in on the steal...
You just told the problem. It's the banks lending on cars way over the MSRP. Which in turns puts people underwater in their loans.
I own a 2013 wrangler with 327k miles. Just developed a bad head gasket i believe..still troubleshooting. Just bought a new sierra 1500 elevation for about 58k out the door. My down payment and their 3500$ cash rebate helped a ton. I will say...no wrangler is worth over 50k. At best the 392 should be around 70k.
Its all hard plastic as far as interior goes which is necessary for said vehicle. If your gonna sell wranglers for 70 ok to 140k ....they should come with radar absorbent paint, night vision, run flats, beefier undercarriage bracketry, dana 60s, bulletproof doors and windows. If your paying over 50k youre getting robbed. Its utalitarian vehicle....
Absolutely way too much money for what you get with these vehicles. A literal gouge fiesta and this brand will sink or swim. Time for them to get serious about aligning the proper pricing with these units
The $100K tag price comes with "Technical service bulleting 31-001-19" from 2013!
@4:51 - One of our cars is a 2008 Lexus RX350 AWD. It has every option except the Martin Logan sound system. It went out the door with a sticker price of $47K and change (I still have the original dealer ticker in the glove box.) We got it at 134K in 2017. Paid $10,500. We got a WHOLE LOT more car than any Jeep. Hell, we put more miles on this USED Lexus that a Jeep would do in a lifetime. We have put well over 100K on it since we have owned it.
About a month ago I was following an F-250 basic stock truck with a flat bed on the back. I call a farmer truck. Brand new no plates. He hit a small bump in the road and the right wheel started shuddering. Came apart and the whole wheel assembly folded under the truck and came to a full stop. If the suspension on a F-250 could do this. Imagine the cheapness in what they are building now.
That 4ex getting 49 miles of use is hard to pass up for an extra $5k plus. I have a TJ still and won't pay the high prices for a wrangler. The Dealers aren't talking about why, but people are obviously paying.
Jeep may not be around in 3 years. And I won’t cry.
Ticking time b--
You hit the nail right on.
Thank you
@@markholubetz Here in Quebec city, the situation is not better than in the rest of Canada. Stellantis dealers are overflowing with overpriced vehicles that are not selling. I went up to see the inventory of the Stellantis dealership last week. and they had a brand new 2021 Jeep still up for sale. Talk about Lot rot. Antoine Joubert also said that he knows of about 10 Ford dealerships that are up for sale in the province of Quebec alone. Things are really bad for vehicle sales right now.
There are still new 2023 wranglers in the Chicago area, the sales have really plummeted
They’re not iconic anymore and the younger generation could care less about a Jeep
The jeep CEO doesn't give a 💩 about selling junk at 3x the of what they are worth
4XE, the model no customers ask for and don't want to pay extra for. And the European CEO has no idea what people expect from Jeep, his idea may not match the customers ideas. The price points certainly don't.
Stellantis isn't going to survive their pricing, I don't know if any car manufacturer will. Labor is one of the largest costs of vehicle manufacture, when you consider benefits, retirement, etc. The unions are killing auto companies. Just wait until the new wage increases hit and prices REALLY go up. They think they aren't selling now? With a 40% wage increase it will bury the big 3.
I'm predicting...since Halloween is coming up in October...manufacturers of Halloween face masks will make one with a "Jeep grill" on the front!
Someone traded there wagoneer into my dealership and he was given 49k. It depreciated about 70% in just over a year
One word….ouch!
All these EVs….can’t wait to see these insane companies who go all-in on EVs realize nobody wants them.
It seems like governments want tbus
If Stellantis were smart they would scrap everything but the wrangler and ram pick up. It’s all garbage quality, but people over look it for those two models. Make it their own brand. Still need to lower prices 30%.
I'm sticking to my 1942 jeep. Restored for 20,000 top to bottom front to back. 134 L head with a three speed. Don't have to worry about it being stolen because most thieves can't drive a manual transmission 😂
Thanks for Shari g
Whoever is running Jeep must've gone to business school with the guy who runs Disney/Marvel.
Haha nice comment. Cheers
As far as I'm concerned ,I want function over form and jeep isn't reliable
Then lower the prices
Exactly right
Ok so these are Canadian prices. Right now you can buy a 4 door jeep wrangler for low 50k Canadian which is high $30k US. So while some of these are very expensive. They do offer more affordable ones too.
I just bought a Kubota tractor for 40k. 54 hp. It will earn me money and pay for itself in 1 year but i can wright it off for 10 years. I will plant 5 acres worth of palm trees at $25 each and look to sell them for $500 in 5-7 years. It's a side business which gets me a tsx exemption on my personal acerage.
Insane prices for whatever vehicles
Very Nice video.
A lot of those cars on that lot should still be there three months from now.
Lmfao😅😂 $50k for a compass .. thats hilarious. Youd have to be a fool
And there are so r big time fools
Pepto bismol pink fits the perfect vibe
A key point often missed is these vehicles are simply not worth the asking price. The cost to value is simply not there. Car prices should be cut in half at a minimum.
They are not Ferraris!
My sister has commuted up and down a steep, dirt road from the prairie down to the valley, for work, for many years. She always liked the Cherokees and the Grand Cherokees. She could always find a used one at a good price point, and just bought another one the other day. Good deal. The new one is in good shape.
A Toyota probably would have lasted twice as long, but they were always too spendy, she thought. I've always bought Toyotas, used, and only had the money to get a new one in 2012, for the first time. I didn't trade in my old one. I just bought the new one. Now I have two Toyota pickup trucks, with the 31-year-old and the 12-year-old trucks still going strong.
I wouldn't touch a new Jeep with a 10-foot pole, but I would probably be tempted if I came across one of the older ones, with the straight 6.
I was going to upgrade my 2011 Sahara wrangler, 86,000 dollars here in Canada for a new one, like you say after taxes wow way to much for a jeep. I put 6000$ dollars into my 2011. Way better value.
When the vehicles don’t sell, then they stop -limit- the production. Layoffs at manufacturing plants and management levels. Dealerships go out of business. They will start selling direct to consumer. People still buy vehicles they can’t afford just to look good to their neighbors and people they drive by and in traffic.
Yes many people are
More worried about perception
Bought a new 4 door RHD in 2016 $33,500.
... it's had constant problems. Replaced the engine.
It's been out of service the last 3 years 😢
I cant even afford used ones anymore, mine is 05 im using it's getting long in the tooth, I gotta get a closer job where I can bike, looking at older Mazdads, Toyotas, older chevy Colorado or Canyon.
Freedom to drive it to the nearest soup kitchen, of course.
Haha yes
Finally, someone is saying it. I hate all these other cartubers be like "omg, these cars aren't selling and whhhyyyyyy" because it's so f*cking expensive. It costs over 100k for a vehicle really worth 15-20k brand new.
I'm the biggest jeep fan !!! I had 8 jeeps in my lifetime...price is way to expensive and I will never buy a jeep over 30k
These high prices started two years ago. FCA is pricing their vehicles higher to help pay for their EV future. When 2023 Gladiators didn't sell, they heavily discounted them to move. They will need to do the same thing for the 2024 models because I am watching them sit on the lots. New wrangler sales are slowing but there always seem to be someone dumb enough to pay $50k-$70k for one.
I don't think they've 'heavily discounted' them so much as dealers had to reconsider charging markups once they realized the hype has died out; they're out of suckers willing/able to wreck their finances on an inflated car payment.
And even now, they're being deceptive about it. Another youtuber showed a Willys trim Gladiator that the dealer claimed was 'discounted' to 43k from a claimed 58k... if you visit the Jeep website... there's no possible way to spec one to that price (with the options that i could see on it).
Dealers are now trying to use their inflated markup to make it seem like selling it at a 'fair' price is somehow a 'steal'.
I want a new or slightly used Gladiator buy I'm not paying 60 grand plus for one it can rot for all i care. and the interest rate will kill you right now.
Slightly used is alsways a better value other than the wranglers which hold most of their value for the first few years
Personally, I love my 2009 Patriot. I purchased it new and paid it off in 2 years. It is stripped with only an am/fm radio and air conditioning. It has the 2.4 L engine that has a timing chain, not a rubber belt.
Apparently, Jeep got rid of the Patriot because it had old tech. That's EXACTLY why I love it. I love the fact that my friggin oil change last week cost me a messily 20 bucks!
I had a 15 Patriot but sunk a ton of $ in it..sensor 1200 bucks & it left me stranded 3x. Traded for a Toyota & I hate it! I know I'm the minority..I want to trade for another jeep 😅 loved the simple Patriot
We went to look at one it was 75k , we left it right there at the dealership
You pointed out a non 392 as a 392. Please be more careful. And yeah Jeep prices are INSANE.. the resale value however is absolute trash.
66k for a sport s? a vehicle one trim above the lowest trim the sport? insane !!
Love that Italian/foreign accent ... but it does not translate to Smart business decisions.
In the 1960's, a new car averaged 4 months of the average take home pay. Now, they're 16 months of the average take home pay. Any questions?
I rented a Jeep Compass in Germany. I practically got run over on the Audubon. No power and it smelled like it was burning up. $49,000 for that hunk of junk.
Welcome to the wonderful world of the haves and have-nots. The auto manufacturers are not stupid, I think, but maybe this is a strategy to make internal combustion vehicles so expensive that people have to turn to electric. The problem with this is that the electric vehicles are also insanely expensive.
Did I just read on one of those post "$772 Bi-weekly". 🤬
Too expensive , our last Grand Cherokee fully loaded purchased for 42 t she has 50 thousand miles on now ! Looks like this will be the last for us 😢😢😢😢
$55k for a compass that will last 70,000 miles. $38k for a Rav4 which will last 250,000 miles. Any questions?
Are these dealership mark ups or does jeep think this pricing is valid.
They believe this is legit and pushed as much as the market would bear. It’s over now though and they are stuck trying to recalibrate
Jeep is crazy with the price
I have 2014 and won’t ever buy a new one
13 labels to describe bankruptcy as nobody wants to spend that much in a jeep