2017, 2018, and 2019 Jeep Wranglers were all ranked as the SUV with the best resale value by Kelly Blue Book, and the 2020 Jeep Wrangler continues this tradition. The 2020 Jeep Wrangler four-door is expected to have a resale value of 57.6% after five years, putting it ahead of the 2020 Toyota 4Runner. Even after just three years of use, the Wrangler can retain nearly 70% of its MSRP.
What is the easiest vehicle to tow behind a motorhome?
The Jeep Wrangler is the most popular flat tow vehicle among RVers. Its popularity has spanned over two decades and multiple vehicle generations, and for good reason. The Wrangler lends a sense of adventure to your travels and has an easy flat tow setup process. This would stand to reason to also be one of the best vehicles to have towed behind a moving truck as you suddenly decide to move cross country looking for the toughest terrain to conquer with your Jeep!
Best RV or towable vehicle
- Honda CRV
- Jeep Wrangler
- Ford F-150
- Honda Civic
- Mini Cooper
Why do Jeep Wranglers hold their value?
“Jeep Wranglers are known for retaining their value due to their enthusiastic fan base, as well as their durability and performance across all terrains, especially off-road,” says iSeeCars Executive Analyst Karl Brauer. “Jeep Wranglers also have maintained their iconic design, so even older models don’t appear dated.”
What is all the craze about Jeeps? Specifically, Jeep Wranglers. There’s a whole culture behind it too. So why do they hold their value? What is it all about?
Jeep Wranglers hold their value for a number of reasons. It’s all about the brand and what it represents to people. Jeeps are for those who are willing to go where other vehicles can’t, through rough terrains and weather conditions.
Jeeps hold their value better because they’re American-made. Americans love their cars to be made domestically, it has a special meaning to them that they support their home country. The Wrangler seems to have more of an appeal with this too. The style of the Wrangler is more British than other Jeeps, maybe it has to do with its roots in WWII? Some people may not be aware but there were British-made jeeps used by American forces during WWII.
Putting this all together makes the jeep wrangler model one of the few vehicles that actually hold their value well over time, hence why it’s a popular model with those who want to trade in their vehicle.
Another factor is the size of the Wrangler. There are a lot of compact and mid-sized vehicles out there but nothing beats the Wrangler in terms of how much you can fit into it. The interior space might not be as spacious but it’s a strong selling point.
This is a huge benefit that many people don’t realize. If you have ever been in the market to trade your vehicle, you might have had a bad experience with dealerships who lowball your value of the car and offer you nothing for it. If you do your research and check other dealerships, you’ll find that for some models there is a huge difference in the amount of money car dealerships offer.
What is the Jeep wrangler culture all about?
The tradition began after World War II. When the soldiers returned home, many purchased their own Jeep. The Jeepers began waving at each other knowing that the other driver was most likely a fellow soldier. The wave began when civilians began to purchase Jeeps.
It soon became a tradition among civilians.
Jeepers, as they are called, take care of their Jeeps and always wave at any other Jeep that passes by. The wave started with soldiers on the battlefields in WWII. Soldiers would spot each other from different companies and would wave to each other’s knowing who they were even if they did not know their name. It was a sign of camaraderie and respect, not knowing that the other person would be there for support if needed.
The wave has since become a point of family and friends meeting on the road and sometimes taking pictures together. Now you can see Jeep meet-ups across the country where people camp out and just talk Jeeps.
It’s a family-friendly community for others who know what Jeeps are all about. It’s hard to find this type of culture in other vehicles or at least not as strong.
The Wrangler represents everything that is great about being American, so it will always have an appeal no matter what your politics are. People connect with something that is made in their home country and can go through rough terrain. People typically appreciate that it is made in America, even if they are looking for a less expensive model. Year after year you’ll find that the Wrangler is one of the highest selling cars on the market and yet, retaining its value at a better rate than most.
What is Jeep culture?
Most Jeep owners crave the great outdoors, adventure, and are spontaneous. They are enthusiastic about the Jeep they drive, and it becomes a part of who they are, not just a means of conveyance. Owning a Jeep is not like owning any other type of vehicle. It’s a way of life, and this enthusiasm is contagious. It spurs conversations on road trips and creates memories that last a lifetime.
People who own Jeeps obtain membership in an exclusive group of people. There are many owners clubs and websites dedicated to preserving these unique vehicles which offer advice on repairs, modifications, accessories, spare parts, and more. Owners are eager to welcome new members into the fold, and it’s not unusual for owners to simply hand over their keys to a fellow Jeep owner if they need help accessing difficult terrain.
The jeep wrangler holds its value because of these reasons: tradition, size, accessories (especially the unlimited), ability to off-road and maintain, and the family-friendly community.