Each time someone wants an off-road vehicle, be sure that a Jeep Wrangler might be on his or her list of options. What some people might wonder is just how expensive these Jeep Wranglers are. Even the older models still hold their value quite well.
There are a couple of reasons why Jeep Wranglers are expensive. This includes the fact that they are popular, they have a deep heritage and enjoy less competition, among many other things. We want to look at these reasons in detail below to help you understand why Jeep Wranglers are popular.
1. Jeep Wranglers are quite popular
Being popular generally means that it is a good value for money and people have no problem paying for it. Looking at the different car meets held around different parts of the country, you find that Jeep Wranglers are among the most common units in these meets.
For some reason, the production of Jeep Wranglers has been kept low. It might be a game of supply and demand. Even with the continuous need for such Jeeps, the brand has managed to keep production low making more people want them even more.
2. Jeep Wranglers come with deep heritage
Jeeps have been iconic for several years now. Ever since the production of the Willys Jeep, it has shown that the company can make some good vehicles for both on-road and offroad. With such a deep heritage, anyone would also want to get a piece of it.
Even the Jeeps used by the military were simple to work on. This made it easier for them to be driven over different terrains without getting stuck. Also, the soldiers would easily repair them while in the field to keep using them.
Several generations later, the Jeep Wrangler is still doing quite well by still delivering good value for money for offroading.
Here is a video talking more about the Willys Jeep
3. Competition is limited
Looking at the different features of the Jeep Wrangler, we see that it is mostly built for exploring offroad terrains. This makes it a niche vehicle with no stiff competition. As much as there might be other vehicles with offroad capabilities, not many have the utilitarian performance that the Wrangler has to offer. This means less competition for it in that sector.
Even General Motors does not have a direct competitor of the Wrangler. It just shows how good the Wrangler is in its category.
4. A lot is spent on research and development
FCA is the company responsible for researching and developing new Jeep Wrangler models. Being a big corporation, it has the necessary funds to pump into the development of better cars.
So, with increased spending on the development part, you can always expect the same to be increased in the final consumer price.
The result right now is that you end up with a very capable Wrangler thanks to the engineers. We also find that you can easily add any accessories such as lights without a problem or technical skills. The engineers just made it easy for you.
5. Wranglers are feature-rich
Right now we live in a world where even off-road cars also need to have more features to compete with the others better. That is why you will now find the Wranglers having more features included currently.
Some of the notable features include front and rear lockable differentials, Dana 44 axles, anti-roll mitigation software, solid front axle, electronic sway bar disconnects, and so much more.
With increased features, it also means the price would be higher. So long as the additional features would make it easier to enjoy the ride, most people are willing to pay for them all.
Here is a video talking more about the features of a Jeep Wrangler
Insuring Jeep Wranglers
Since you would be taking the Jeep Wrangler off-road, most people believe that it might be expensive to insure such a type of vehicle. However, that is not always the case. We find that it is among the affordable cars to insure.
So, what makes the Wranglers cheap to insure?
One of the reasons is that the base models of Jeep Wranglers are quite inexpensive. If the vehicle is cheaper, then the insurance would also be within the affordable range.
We also find that the vehicle features the roll-over prevention feature. With this type of feature, we see that the safety is highly improved making the vehicle safer. So the insurance company does not have to deal with roll-over cases more often.
Repairing a Wrangler is not expensive. You will find that the Wrangler parts are easily available and you can get competent mechanics to handle them. Still, most Wrangler parts are built to last a long time.
Why Old Jeeps are Expensive
Maybe you have seen the newer models are expensive and you thought looking at the older models would be cheaper. To your surprise, you find that the old Jeep Wranglers are just as expensive. Why could this be the case?
One thing that drives the price should be reliability. These cars are built to be tough and handle quite well. Even if the owners thrash them through different off-road challenges, you will notice they can hold up quite well.
Another reason is that Wranglers have a cult-like following. This means those people who own the Wranglers treasure them and put a lot of care into these vehicles. Someone selling such a vehicle would feel it is their pride and joy thus selling it at a premium.
As you can see, it is not a bad idea to get yourself an older jeep. The chances are you will get a model with all the necessary accessories key to improving your off-roading experience.
Should you buy a Jeep Wrangler?
We can say it depends on our needs for the vehicle. This is not a comfy vehicle you would want to take on road trips. However, it would be a great option for those who love to off-road more often.
How many miles will a Wrangler last?
Most people estimate that wranglers can serve you well for over 250,000 miles before you can start to deal with major repairs. Also, there are some models that have lasted over 400,000 miles with just regular maintenance.
How much does it cost to lease a Jeep Wrangler?
For those who want to lease rather than buy, expect it to cost around $450 per month. It all depends on the duration you pick for the lease.