Are Jeep Wranglers Overpriced even at a Dealer Auction? - Flying Wheels
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- Опубліковано 5 сер 2020
- Have you ever wondered how much car dealers pay for cars at auction ? A Jeep Wrangler is an expensive purchase and they hold their value incredibly well. Come with me to a dealer auction and see what we pay for them
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how much is a jeep wrangler unlimited sahara rubicon sport jk jku lj lju gladiator TK YJ values specs reviews common problems prices used for sale near me hard top soft top install put down up freedom arctic willys car dealer license auction wholesale public government auction - Авто та транспорт
I have a feeling the Bronco will bring the Wrangler prices back down to earth in the next year or two.
Honestly that would be great
Just saw them take the new Bronco down the Rubicon trail. It was trashed. You may get some of the mall crawlers to switch but the jeep will always be a better off-road vehicle. But I hope you're right. Get some mall mom's out of the jeep market.
Lets be honest...I would say 95% of Jeeps are mall crawlers.
@@jvaughan2003 I can't disagree with you. That's why I hope you're correct about prices. My JK has G2 ton axles with 42" tires. I've actually parked beside two different women driving wranglers who asked what kind of jeep it was. They had know idea it was the same thing they were driving. I pray you're right.
@@theartistformerlyknownashe1279 That Bronco made it. The problem was the driver and the spotter. The new Bronco is every bit as capable as a Jeep Rubicon. And even if it isn't, 95% of people are never going to drive a Bronco or Wrangler down the Rubicon.
Great channel sir!! Just stumbled into it the other day.. I am a Jeep Dealer in Eastern North Carolina.. You will start to see more of the 4cyl Wranglers (2019 & 2020) @ the auctions. For the first time EVER Jeep has put rebates on Wrangler's, but only the 4cyl. We do not stock them, but most dealers have a ton of 2020 leftovers on their lot. The new One touch electric top option has really taken off too. We can't keep them in stock.. Best of luck!
Tip log in with multiple devices. Have your phone logged in on cellular and your computer in WiFi. So if one locks up you can bid with th other.
Really enjoyed watching your search for the "correct Jeeps" for your Car Lot!! Some of those jeeps are really nice! YOUR videos lately helped me on a decision for a Toyota RAV4 that I just purchased. That being said, it was the factor of auction prices for everything are $2-$3-$4 thousand over Wholesale price; so I purchased a "Mint 2010 RAV4" for $8 grand. I did not get hurt by the inflated prices of auctions and bought an extra clean with plenty of maintenance on the RAV4! Maybe purchase much newer one in a year's time when prices hopefully come down to normal wholesale at auctions! Thanks Dude!
I repair wrecked cars from the insurance auctions as a little side hustle can't wait to get on your level thanks for the videos and the knowledge
They are hot now, but when I bought mine new in 2009 it was $24,000, 0% financing and they threw in a 120,000 mile my lifetime warranty. They couldn't sell them at all. Things can a will change eventually.
Very true ppl used to call them ugly, the marketing change and new generation came
Thank you for sharing all this inside info!
Great video! Just subscribed. As a Jeep owner I can agree and appreciate the info!
in 2016, we were looking at used ones. 25-26k with 75k miles. we bought one brand new for 29k employee price. it now has about 24k miles, and it's still worth 30k!
Nice video it’s crazy how high the prices are 👍🏿👍🏿😊
Thanks for the inside scoop . . . very interesting and informative.
He's super motivational got me thinking if I start of slow and build up even I can end up with a fleet took your advice from the last video looking for quick flips that I can make shine and flip. This time I won't try to start big 😫🤣
Learning a lot with your videos, keep it real
Really good video plase keep them coming so interesting
07 FJ more reliable then a Jeep, they discontinued making the FJ in 14.
You got me on this one.👍
Only in the States was it discontinued. Toyota continued to make the FJ for overseas markets, which is great for parts availability.
The fj was sold with a manual
@@stymiesnerdly771 they are discontinued period
Awesome video, learned a lot!
Thanks for showing this.
I flipped 7 or 8 TJ’s a decade ago when if you hunted you could still find decent private deals. To find a decent TJ today, it’s way overpriced .
i own a 2019 Jeep Wrangler with the 2.0 i4 its a turbo and is an upgraded engine from the standard v6. It is also slightly quicker and better on gas then the v6 and after test rides that is why i went for this motor option.
Always great videos. What happened to that crappy boat from FL. I'm sure its on the back burner now that falls coming up. Just wondering. BTW have you ever bought from COPART?
Hey loved the video today !! Let’s see more of these ! Thanks for the content
I just started following your channel / watching your vids. I'm a GM dealer in Canada. Brilliant idea, showing the behind the scenes of auction life. Does anyone at the auction care that you're filming? Keep it up!
I try to keep peoples faces out of the video. I've spoke. With auction gm about what is/isn't allowed
Out here in SoCal the unlimited 4 door jeep is super popular not to mention the amount of Rubicon I see on a daily basis.
This is a well done video. Knowledgeable. Over 5 decades of horse trading I’ve found some of the Best Buys rolling down the street with for sale signs in the window.
Nice video. I learned a lot. I like those TA 392's. The MSRP for new goes to $52,000. I would be leery of buying one with 40,000 miles. Those are probably hard miles.
Great video....great detail
Jimmy would have been a good wholesale piece to move down the coast to the southeast market.
Another great video
Cant say this enough, LOVE leather in a car. Black, ivory, tan, brown, red, does not matter ❤️
The smell is awesome
another really helpful video, thank you for putting it up. i know it's more than 2 years away but i wonder what the jeep prices will do when the 2021 bronco's are out for a year or more and some of them start trickling onto the used market. gonna be interesting.
welp, with more covid and the chip shortage, the lower end jeep about doubled in price and the mid range added 1/6 of the price on
At Auction here in Australia you walk right past jeeps of any model don't need the warranty hastles
...you have a good show...thanks...;-)
I've been enjoying your vids for awhile, thanks for that... but I have one piece of advice for you...window mounted suction cup camera holder... lol
True
Would be interesting to know specifically how much the Carvanas, CarMax's are influencing and driving up wholesale prices. Can you provide insight on this quagmire. I believe its just a matter of time before people realize their pricing is well above traditional competing dealerships. How much are they influencing the market? When is their bubble going to burst? Is their objective to corner pricing in the wholesale market on green light cars?
Thanks for the video I'm want too star on business like you
When I was a kid I worked at a golf course and we had a 43 Willies that we used around the course. It was better than the tractor because you could lug it down in 4wl, hop out to pick up balls or take care of problems and jump back in as it putted along at a slow walk. The idea of a 'jeep' with power windows makes me laugh. These things that you are buying and selling are not jeeps.
Im salesman in a new dealership sold a pre owned wrangler in dead winter they worked us down too
everything is overpriced at the moment
Seems like it
crazy to see 1 year later, where we are now….
@@TrayJayRecords yes and we thought they was high then
Here's info on the 2.0L turbo jeep engine from Google.
Directinjection turbo engine
The boosted 2.0-liter develops 270 horsepower and 295 lb-ft of torque with or without the belt-driven motor-generator. Jeep sent us a nonhybrid 2.0-liter turbo in a two-door Rubicon (the most off-road-capable trim level) with an eight-speed automatic.
The starter generator sounds like the one on my Cub.
I would of thought up North they would be good all year long because, they are great in the snow!
Dang, glad I don't live in a place where the warm season ends in August!
I wish
I was in the water today and flying wheels is south of me. Its not cold yet if your from New Hampshire lol just started watching yesterday and now I know why you go to londonderry all the time, Its 10 minutes away haha
5:21 alternator
thanks..it means its going or needs instantly replacing?
Another great video. Can’t believe jeeps are worth so much there. You can’t give them away here in Australia
Whats the popular replacement out there?
Flying Wheels There is getting a bit of a change in the trend now for the family/weekend 4X4 to Mazda BT50 /Ford Ranger , Mitsubishi triton , and Toyota Hilux But if you still very passionate about 4X4 travel it’s still the Toyota Land Cruiser ( 200 series are very popular as they are a V8 twin turbo diesel ) there is also a single and dual cab land cruiser ( 79 series ) and the Nissan patrol There is jeeps here but as soon as they are a few years old or out of warranty no one wants them
@@cthawes sounds a lot like the difference between europe and the us regarding fiats. europeans drive fiats often and may look down on japanese makes while americans can barely give fiats away but lose their minds for jeeps. Must be a national identity thing.
@@personmcdudeguy yeah I would say so , if you do 4X4 driving here in Australia there is only the Nissan patrol and Toyota Land Cruiser. And if you kind of a want to look like a 4X4 driver without spending big money people get Mitsubishi Pajero’s ,Nissan navara ect but they aren’t very good off road and hung up garbage underneath them.
I’m for ever seeing them bogged down the running boards on the beach
Do a UA-cam search “ i got bogged at inskip point “. That’s a local to me
Buy me one ill pay you, we find a way to send it in the states let me know
Another great video! QUESTION- I am buying an FJ Cruiser, any advice?
1st and foremost, frame rust depending on your area. Also, the '07-'09, check the front inner fenders for cracks/wrinkles. Pop the hood and it's typically halfway back, near the top of the inner fender, just below where the hood closes. Do a quick search & you'll get plenty of info/pics. That's basically it. Great vehicles.
You do really good video best ever
It’s surprising how clean rust free Jeep XJ’s are climbing up in price. If you run across one which comes from the southwest or California take note of it.
CONGRATS ON 100K
Seems like they don't allow you to use and ob2 reader, on any of the cars auction. Scan for any codes?
Love your honesty as a chrysler guy 3.8 is awesome, 3.6 yes more power and yes better gas mileage.....much worse reliability
The 3.6 has way better reliability
Imagine the amount of dead batteries with all those accessories left on and keys in!
Refreshing to see a real car guy that knows the business!! Not the flakes like Wayne Carini and Ted Vernon and the other car show guys that don’t have a clue what the car biz is actually like in the real world. Your videos are accurate, interesting and the real deal!
I think Ted Vernon is in jail
Craig... Craig... love you brother ,but please call your business a car lot/pre owned emporium ,Craigs creampuff shack.....just not a car dealership... the average age of the cars on your site is 10 years..the average sales price is 9K... the average mileage is well over 100K...and i took out the 28 year Nissan Fairlady to not skew the average.....I realize dealership sounds better ,but you own a car lot...it's fine..
The Jeep at 5:17 sounds like a belt issue, maybe a pully with a bad bearing. Shouldn't be too hard to fix. I know when those belt pully systems get wet they can make that sound for quite some time. Could also be too tight, might not have replaced the belt with the proper one?
I sell the roll down windows easy. I tell them true Jeepers want the roll windows instead of power windows. When they're crossing rivers. If they start to sink it saves their life. Instead of worrying about the power windows shorting out. You can always roll the window down and escape. Plus is makes it easier to take the doors off. At least that's how I sell through that situation. Just trying to help another fellow car seller out.
What’s that vehicle history barcode scanner called?
Hi Craig- Your channel is AWESOME!
I'm just getting into the used car sales business.
I'm buying cars from Manheim Chicago and Milwaukee.
So far I'm doing mostly Nissans, trying to get Toyotas and Hondas
What cars to you recommend for under 5k that sell fairly easily?
Any help is greatly appreciated.
What app do you use to get backgrounds on these vehicles?
I've Got A Couple New Black Front Fenders For A Jeep Rubicon And Looking To Sell Them And Wondering What I Should Price Them For And Both Are Front Right Fenders And I Don't Need Them Taking Up Space In My Building
I’ve been buying auction cars for 15 years. (Minor collision, salvage title) Once I learned have never bought retail again. If your considering auction cars. Do some math before bidding. Know what fees the auction house adds.
Saw a video recently on the challenger and the passenger side ram air is closed off, its nothing. Goes to a dead end. Just for looks.
Hey! New dealer here. What is that app called?
Love that yellow vette
Wranglers are even more expensive in the UK, I've seen 97 TJ's going for over $15000 (£11,000), right now there is 06 TJ on ebay going for almost $30,000, of course none of these are stock. JK's are not cheap either. Mine is a 97 TJ, I've spent about $9000 modifying it this year, which doesn't buy much, because everything is twice as much when you have to paying shipping and import tax from the US. But I absolutely love Wranglers.
WHAT did the black LJ Rubicon go for??
There were only 11k Rubicon unlimiteds ever made, so that's a rare Jeep, even more rare than a CJ8 Scrambler.
I purchased my Wrangler brand new even used low mileage and they could already be beat up. If you happen to find a stock jk/jl you might have better luck.
That wind to me sounded like the pulley sepertine belt
You know why the auction price is so high? Because everyone that knows where the engine is “is now a dealer or flipper” it’s just to easy to be a dealer now. And afc and nextgear give flooring to every tom, dick and Harry so everyone wants to play with the banks money. Little do they know this is a wild and ugly world I’ve learned it from years of experience.
I wouldn’t say it’s easy. I’m in the process and it sucks
Kyle N. It might depend what state you are in. In the state of California every other guy is a dealer now.
Before and After guys I’m in MT and it’s a lot. Zoning verification, general liability and garage keepers insurance, surety bond, signage requirements, background check, state trooper inspection and sign off and the insurance per year and bond was $4500. Signage another $500-1000 and I haven’t even bought plates, computer,desk,plate frames and inserts, supplies, filing cabinet, INVENTORY, opening bank accounts, business license with city,state registration with sec of state.
and the waiting game between applications and the leg work is ridiculous. I own a repair shop now and just want to sell a couple cars a month out front. Opening a shop was easy compared to this. I’m in 2 months now and nowhere near legally allowed to sell any cars. I have 3 I could sell now and I have to sit and wait.
I was looking to buy a car and most of the private sellers were just flippers. They knew nothing about the car they're selling, and were using sales tactics
@@brokeduece1691 I was looking for an Acura MDX, kept getting flippers. One showed up and the seats were torn to shit and every light on the dash was on.
Pretty sure we just became best friends... I've been to car auctions since I was 14. 2020 JLU Willys and 01 C5 vert owner. Currently, loving life as a food sales consultant, but would love to get back into cars on the side. Might do a $1000 to C8. Vlog for fun. 3 years until I turn 50. Want to pick it up in Bowling Green.
I wanted to pick mine up in Bowling Green but they wouldn't let me because of covid
@@FlyingWheels I bet! It's been a crazy 18 months for sure. Luckily, I'm in SW Ohio, so it's only 4 hours away.
It seems to me that if they are selling like hotcakes and you're making your money on them then they are not overpriced. The market has moved up and the price estimators are lagging behind. Of course that could turn around in the blink of an eye and the bottom could fall out leaving you holding the bag.
Try F-5 to refresh, more if it's on your end
Jeep enthusiast but you said the LJ had the Dana front and rear end? All jeeps have a form of Dana axels
I think it was the only model with dana 44s and lockers front and rear.
I have a 2017/75 anniversary edition 23,600 miles two door black hardtop. Would you be interested in purchasing it? Not sure where you live I am in Florida
The 4 door (Unlimited) is the only 4 door convertible on earth! That’s why the prices are so high!
Can't understand why someone would want unreliable rust magnet.
no bronco yet
Hey brother I’m 23 y/o I recently opened a dealer here in Miami and I was wondering what you use to see how much you should be paying for each car because I’m not 100% sure on every single car
Hey I’m in south Florida too buy and sell myself we should link up and we can chat about this.
Hey i own a barber shop and in the back there is a separate entrance with an office that i don’t use. Can i get my dealer license and just use the back?
Depends on zoning and regulations in your state
What’s the dealer app you are using to see what cars sale for I have dealer license out of California
Its probably manheim or adesa but you need to register your dealership with those placea and have auction access and pay 100 per year to be a nationwide membership. Every auction house is different but for the most part all of them are connected to auction access.
As a casual observer and watcher of UA-cam videos, I think that these UA-cam videos are the reason that auction prices, and used cars in general are so high. You are better off watching for manufacturer and dealer incentives and buying new.
So who buys all the new cars when they aren’t new anymore? How do the used dealers stay in business?
UA-cam videos aren’t why the market is high. A lack of cars is.
You should see what they go for in the United Kingdom, you'll find 20 year old TJ's in great condition going for $20,00, you'd be lucky to pick up a rusty beat up 97 TJ for less than about $9000.
That Jimmy!!!!!!
So how or where do you get the money to buy cars at auction? And I'm not talking about $500-1000 vehicle. I'm talking about going in there and buying 2 or 3 $10,000 vehicles. Some of you actually have $30,000 in your pocket or do you get loans for this and pay them back as soon as the vehicle sells? Trying to figure out how all this works.
Le Mans isn't the name of the track, it's only the name of the race. The name of the track where 24h of Le Mans take place is Circuit de la Sarthe.
Do you buy from normal people? or just auctions? I have 2 jeeps you might be interested in. 2013 models. 2 dr rubicons, one auto, one 6sp. Mint condition. Auto has around 17k miles, 6sp under 1000 miles.
I'm interested. Message me. Www.flying-wheels.com
Anyone ever watch Used Cars with Kurt Russell ?
GRREEEAT movie///
Do the manual transmission Wranglers sell as good as the Automatic transmission ones do?
I prefer selling auto
Please how d you check histories and how many owners. I spend alot on CARFAX doing that. Thanks as you reply
I believe it's an app from the action he goes to, one big one on new York is Manheim available to dealers only and it allows me to the same thing
You may have overpaid in the beginning but I’m sure you sold them for more than you paid. So it’s a win for you
I'm in Huntington Beach CA, what part of the country are you in that cars rust like that?
Believe he's still in Massachusetts
Nh
The (cars) rust like that in the Midwest as well.
In the used California market, a good percentage of the Wranglers available are former Hawaiian rentals. All of them are 1 to 2 years old, low miles and rust showing on some components.
Those are all 20k+ dollar jeeps in my area
Can you tell me where is the place located
All prices are high. Carvana and carmax have decided to pass on buying now.
The TA stands for time attack not transam
I have a co-worker might want to sell his (I can ask on Monday) 2001, appears to be same body style as the 98 in your video. (Texas Vehicle, no rot) White with black hard top. Miles (I think ) are 170,000 4.0 engine, automatic. Straight body, exhaust leak. Could use a good detail. Based on description, what would be a ball park price he could expect? Might you be interested? Dallas Area.....
Yes. Message me. Www.flying-wheels.com
I guessed $2400 for that plow jeep.....
Noise at 5:20.. sounds like bearing tensioner pulley..
Do people like Wranglers?
Where you guys located
The Wranglers hold their value because of the lack of rebates and incentives, youll be lucky if you get $500 off stickers, I work at a CDJR dealership and I sell these vehicles every day.
That Mannheim App