2012 Jeep Wrangler: Edmunds' New Car
May 29, 2013
Our long-term 2012 Jeep Wrangler has a new owner, one who frequent readers of this blog may recognize: Dan Edmunds, Director of Vehicle Testing.
The Wrangler was Dan's pet project, and he selected and installed many of the upgrades himself. He built a bond with the Jeep over the course of many off-road adventures. And when it came time for us to sell it, he wanted to keep the good times rolling.
Edmunds.com employees get the first chance to buy our long-term cars, and if there are no takers, we offer the vehicles to outside private-party buyers or to Carmax. To avoid any perception that we're playing favorites with employees, we offer cars to them at a "no-haggle" Edmunds private-party TMV price.
A few other employees said they were interested, but they changed their minds. Dan was the first to submit his paperwork and in the end, the car went to him.
The selling price was $17,397. We went with the "average" condition level because of the Jeep's high mileage, a fair number of scratches on the paint and plastic windows and a tailgate crack that was not covered under warranty.
We kept this Jeep eight months longer than usual and drove it well past the 20,000 mile goal we had set.
We paid $22,578 for the Jeep (plus tax and title), way back in 2011. It depreciated about 23 percent. For reference, average car depreciation is about 22 percent. So the Jeep didn't do too badly, given that we had decreased the condition level.
If you're curious, our Jeep would have had a private-party TMV of $19,447 if we had rated it in "clean" condition. And had it been "clean, " the depreciation would have been only 14 percent. Impressive.
Did we leave money on the table by taking it off-roading one too many times? That's not how we see it. If we had kept the Jeep in "clean" condition, we wouldn't have had as much fun with it.
Enjoy your new car, Dan. We know it will be in good hands.
Final Odometer: 32,249 Miles
Ronald Montoya, Consumer Advice Editor