Why are Jeeps so expensive? If you think about which Jeep to buy, this question will certainly come to your mind when looking at the price.
Jeep fans would like to know why this vehicle is so costly.
Jeep happens to be one of the oldest SUV manufacturers. They build a wide selection of SUVs that are extremely capable of off-road vehicles. The Wrangler is among the most well-known models. It is available in different versions depending on what features you would like to have.
Here are all the reasons why Jeeps are so costly.
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Why are Jeep Wranglers so Expensive?
Jeep Wranglers are costly because they are designed to withstand difficult off-road conditions with finesse. It can surmount the toughest obstacles on all kinds of terrains. As a result, the vehicle has a large fan following, making it expensive.
Jeep Wranglers are Good
Jeep Wranglers are good, but their price tag isn’t. In fact, Jeeps happen to be one of the most capable off-road SUVs that you can find. And they are not just popular in the US. They are highly regarded all over the world. In many parts of the world, 4-wheel drive off-road vehicles are all called “Jeeps.” Hence, the word Jeep has come to define a genre of awesome off-road SUVs.
You may be able to find used Jeeps for more reasonable prices. But if you insist on buying a new Jeep, you should be ready to hand out large sums of money. The base model costs around $32,000. Remember that this is the most basic version. For higher trims, the price tag starts soaring. The price can reach almost $50,000 if you desire the best trim.
If you take the average price for its different variants, then you will arrive at a figure of around $40,000. You will have to pay more if you want upgrades.
However, it is no coincidence that the price tag is so high. This is, after all, one of the very best if not the best off-roader on the market.
Various factors determine the price of vehicles. Material costs are the most obvious that everyone knows about. However, there are other factors at play that everyone may not know of.
Understanding the high price tag is to realize what you are getting in return for your investment.
People all over the world recognize the Jeep for its exceptional off-road prowess. The public knows that this is a rugged, solid, and sturdy vehicle. Whether you want to traverse hilly terrain or just plain bad roads, it is often a cinch with a Jeep. In fact, if the Jeep cannot cross a particular point, then it is most likely that no other vehicle can.
Jeep has become the ultimate symbol of off-road adventure.
Many people are fascinated by the Jeep’s stellar off-road capabilities. As a result, you have events and even festivals worldwide that feature Jeeps.
Off-road vehicles are bound to be expensive because they are designed to handle the toughest tracks. The vehicle should be sturdy and durable to go past anything that comes in its path.
Trucks and SUVs often have such off-road capabilities. But the Jeep is among the smallest vehicles that absolutely shine when it comes to off-road driving.
Features such as low gearing and 4-wheel drive equip the Jeep with the capabilities that it needs to tackle tough tracks. It also has all-terrain tires so that the Jeep can go through any ground, even with snow or rain. As a result, the Jeep has great traction, and it can conquer almost anything that comes in its way.
While these features no doubt enhance and augment the capabilities of Jeep, they also jack up the price.
Materials and Equipment
Vehicle cost depends on the materials used to make it. High-end vehicles often have higher price tags because they use higher-grade premium materials that are more expensive to buy.
For instance, if you decide to purchase a luxury sedan, in return, you will get a lavish interior that has leather upholstery. There might even be great features that are not available in cheaper models. For example, the seats could have lumbar support that will make long drives more comfortable for you and your family.
The differential, transmission, and engine all need to be high-grade if the Jeep is to conquer all. The Jeep needs a lot of features in addition to these basic requirements. For example, it needs a heavy-duty radiator so that the Jeep can handle long spells of driving on tough tracks.
The Jeep has great demand all across the world. Wherever you find off-road enthusiasts, you won’t fail to note that they love Jeeps. The popularity is another reason besides the premium materials that makes Jeeps so expensive.
Jeep has been among the most popular and hotly demanded off-road vehicles for a long time now. Its long history of widespread use and ubiquity also bumps up the price.
The vehicle is also very versatile. If you don’t want doors and a roof, you can do that with a Jeep. You can ride outside with full freedom and excellent visibility in all directions, thanks to the open structure.
You can customize the Jeep in many different ways. You can take off the doors, the windshield, and the soft-top roof if you want an open ambiance and be in close contact with nature. There are a few other vehicles to take apart these components and put them back again.
Hence, the Jeep is great for driving on beaches and forest trails.
You cannot leave out insurance costs when considering the cost of a vehicle.
In short, Jeeps are costly to insure because they have a high price tag, so the cost of replacement will be higher. Also, since it is so popular, it is also the favorite target of thieves.
Since it is a high-performance vehicle, it is a favorite with the young crowd that loves an adrenaline rush outdoors. This means that the customer base is risk-takers driving it through difficult and hazardous tracks. As a result, many insurers do not cover Jeeps and demand a higher insurance premium.
The Jeep is a high-performance SUV. Hence, its parts are more expensive to replace in case of an accident. Plus, they will require more expensive workmanship with the expertise for these sophisticated vehicles.
The combination of youthful exuberance and a powerful engine means that insurance costs will be higher.
The Jeep Wrangler is no doubt an expensive vehicle to buy and insure. However, it is also very sturdy and long-lasting. Jeeps can easily live up to 2 decades with good maintenance. Hence, they often have high resale value as well.
The fact is that you get good value in return for your investment. You get an off-road 4-wheel drive beast that is second to none. It is not too much to say that the Jeep is a legend.