Craigslist Jeep Sellers on Crack?

FSUJeep

Active Member
Joined
Apr 7, 2017
Location
China Grove
I was toying with the idea of getting rid of my TJ and getting an LJ since I now have fiancé and future stepson. I looked through Charlotte Craigslist and prices on TJ's are insane. I think I may look under mine and see if they used gold bolts for the body mounts or something.
 
Too much intrinsic value with craigslist listings. And its my opinion many list based on the highest price they could find similar to theirs, which just perpetuates the issue.
 
Dern inflation
 
Yeah, I noticed the same thing as I am in the market for a LJ. But, Jeeps as a whole seem to go for more than NADA, Edmunds, etc list them at and the LJs were only made for 3 years, so some will put a premium on them
 
Yeah, I was really amazed at the price for the TJ as well.
ckruzer said:
Too much intrinsic value with craigslist listings. And its my opinion many list based on the highest price they could find similar to theirs, which just perpetuates the issue.
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I guess so. When I saw the prices, I questioned ho they came up with them. I wonder how close they get to the asking prices.
 
Also people make the mistake of looking up the retail blue book value instead of the private party value of their vehicles when they post to craigslist. They dont realize that a car lot can charge retail because for one, they inspect and provide some kind of warranty on the vehicle (even if it is a very small one), and also car lots finance. Try to explain that to a knucklehead on craigslist though and its like arguing with a brick wall, a very retarded inbred brick wall.
 
TJ's have been and will continue to be in high demand. They also are hot this time of year. Look in December and January. Also CL is where people go to either A get rid of something or B get rid of something for a premium..... JMHO and observations.....
 
Drinking the same jungle juice that the diesel sellers are. More than 12k for something that's got nearly 300,000 miles is

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FSUJeep said:
I didn't really have any particular price in mind. I was mostly just shocked because it means that my Jeep may be worth more than I thought.
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That's my general reaction to used car prices. People talk about the brodozer effect on diesels, but it doesn't matter. Seems like everything is that way. Guys are asking $15k for 16yo V10 Excursions with 190k on them. That I went and looked at the TJ prices earlier and wasn't surprised suggests that maybe I'm getting used to it. <shrug>
 
shawn said:
That's my general reaction to used car prices. People talk about the brodozer effect on diesels, but it doesn't matter. Seems like everything is that way. Guys are asking $15k for 16yo V10 Excursions with 190k on them. That I went and looked at the TJ prices earlier and wasn't surprised suggests that maybe I'm getting used to it. <shrug>
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It's still a truck/SUV thing though, not like all cars are doing that, my '10 Mazda5 w/ only 90k on it is worth only like $6k.
 
RatLabGuy said:
It's still a truck/SUV thing though, not like all cars are doing that, my '10 Mazda5 w/ only 90k on it is worth only like $6k.
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Nobody wants to buy cars. See also: GM, Ford, VW, Fiat

You can roll off the lot in a brand new Vette this afternoon for less than the sticker price on your station wagon.
 
There is a really interesting (at least to me) high level economic discussion buried in here somewhere.

New car prices, specifically trucks, have gone insane in the last 10 years. Partly because of increased government regulations (emissions and safety) and partly because of customer feature demands. Its no exaggeration that I am seriously considering trading my <2 year old truck in for a new one simply because the new model year with the same trim level and same basic sticker price includes air conditioned seats and sweaty balls suck. So as ball coolers, intergrated blue tooth and nav, and countless other features are added cost goes up. So a new $70,000diesel is outrageous but also costs much more to build than the same truck that is 10 years old.

However what is really interesting (again at least to me) is as new car rices escalate, used car prices increase as well because of the opportunity spectrum. Meaning that in 07 an F350 power stroke stickered for $44k new and could get out the door for around $37k. The same truck today is $74k and $65k. So if I am buying a $37k truck and I am going to instead opt for a 10 year old cared for truck I want it to come in around half or $18.5k. Today same logic but half of $65k is $32.5. Now '07 aren't commanding quite $32k more like $22k. So in that sense one could argue that a overpriced used truck actually represents a better value today than it used to.

Then what gets even more interesting is to reconsider my sweaty balls. There is 0% chance that 07 truck had ball coolers, blue tooth integration or many other standard features found on today's vehicles. That truck didnt cst as much to make, yet its value has increased (relative to its age) because those items re standard and drive up prices of new trucks so alternate costs increase comparably.
 
It's all related to gas prices. Remember 5-6 years ago prices were at $4+ a gallon.....Hummer H2 prices plummeted and were cancelled and Hybrids were all the rage. It will happen again...no one knows when, but it will.

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benXJ said:
It will happen again...no one knows when, but it will.
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We're looking at ~$60/barrel oil for the foreseeable future. $100-150/bbl cut consumption and dramatically increased supply. If you want an analogue, look at gas prices in the late 70s and early 80s vs gas prices in the late 80s and early 90s. The biggest variable going forward is more likely to be the value of the USD, but with increasing domestic supplies, I think that mitigates gas price fluctuations due to the value of the dollar.
 
But no one knows the future. Any major oil producing country could face war/hardships/storms/attacks/regulations/anything that can drastically affect the price of crude. Quite a bit of crude comes from very unstable parts of the world. Chaos can happen overnight.

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benXJ said:
But no one knows the future. Any major oil producing country could face war/hardships/storms/attacks/regulations/anything that can drastically affect the price of crude. Quite a bit of crude comes from very unstable parts of the world. Chaos can happen overnight.
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That's true as an absolute. But I don't think it's reflective of the massive crude oversupply that exists today. There are thousands of idle or uncompleted wells in the Permian alone.

But don't take my word for it - the Russians are saying to plan on $40-60/oil for at least the next decade.
 
Ron said:
There is a really interesting (at least to me) high level economic discussion buried in here somewhere.

New car prices, specifically trucks, have gone insane in the last 10 years. Partly because of increased government regulations (emissions and safety) and partly because of customer feature demands. Its no exaggeration that I am seriously considering trading my <2 year old truck in for a new one simply because the new model year with the same trim level and same basic sticker price includes air conditioned seats and sweaty balls suck. So as ball coolers, intergrated blue tooth and nav, and countless other features are added cost goes up. So a new $70,000diesel is outrageous but also costs much more to build than the same truck that is 10 years old.

However what is really interesting (again at least to me) is as new car rices escalate, used car prices increase as well because of the opportunity spectrum. Meaning that in 07 an F350 power stroke stickered for $44k new and could get out the door for around $37k. The same truck today is $74k and $65k. So if I am buying a $37k truck and I am going to instead opt for a 10 year old cared for truck I want it to come in around half or $18.5k. Today same logic but half of $65k is $32.5. Now '07 aren't commanding quite $32k more like $22k. So in that sense one could argue that a overpriced used truck actually represents a better value today than it used to.

Then what gets even more interesting is to reconsider my sweaty balls. There is 0% chance that 07 truck had ball coolers, blue tooth integration or many other standard features found on today's vehicles. That truck didnt cst as much to make, yet its value has increased (relative to its age) because those items re standard and drive up prices of new trucks so alternate costs increase comparably.
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I don't know if I'll ever be able to have a truck without ball coolers again... I run the A/C seats and the heated steering wheel at the same time in the winter :D.

Trying to figure out how to afford a newer Burb/Yukon XL for the wife so I can ride in comfort there too...
 
I've considered buying a tj a few times, I love the cool spring on all corners! but the prices for used ones are ridiculous around here even wrecked ones at junkyards without titles are up priced just bc it's a wrangler!?
 
C.Berry said:
I've considered buying a tj a few times, I love the cool spring on all corners! but the prices for used ones are ridiculous around here even wrecked ones at junkyards without titles are up priced just bc it's a wrangler!?
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That's because no title with wranglers is no issue. Every junkyard guy knows it's as easy as buying a tub that didn't survive the rust demons in it but includes the title so you can use it to register their JY wrangler that just needs new fenders and front axle.
 
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