Renegade's Resale Value is Extremely Poor...!!!
Hey, everyone. I bought a 2016 Jeep Renegade Latitude 4X4 9-Speed Automatic back in June. The MSRP was 29.5K and I paid 26K before tax/title/reg/doc. With only 7000 miles on it, I decided that I wanted to trade it in because I could no longer live with the transmission and the limited cargo space. Also, driving as conservatively as possible, the best tank I've gotten is 27.5 mostly highway. Hand calculated it. Anyway, I love the looks of the Renegade, I needed something a little bigger and more refined, so I looked at the Mazda CX-5 and Honda CR-V... the Mazda dealership was only willing to give me $16,500 for my car while discounting the CX-5 by only $1,500?!? Things were worse at Honda... $15,000 for my Renegade and a meager $1,200 off of the BASE CR-V LX AWD. These were FIRST and FINAL OFFERS. I didn't even get to play the "I'll go somewhere else" game.
Has anyone else tried to trade their Renegade in? What kind of numbers are you seeing?
Last edited by FloydTBE; 10-08-2016 at 06:34 PM.