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I know prices vary by location, but that definitely seems on the high side. I just traded in my 2004 Liberty with 4WD with less miles than yours. Retail was around 5-6K depending on condition. I took 4K as a trade in.
Location: East of Seattle since 1992, 615' Elevation, Zone 8b - originally from SF Bay Area
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I also traded one in (2002) a couple of months ago with 100,500 miles, and they offered $3,000 but then reduced it to $2,700 because of an unrepairable windshield chip in the driver's vision. I was happy to take that, and unload it.
After a trans rebuild at 90,000 everything else started to go fast so I got the airbag recall done and got rid of it. Chrysler still hasn't gotten the parts made for the exploding gas tank recall, that may also be affecting your value.
Perhaps I just got lucky, but the only non routine repair on my 2004 with 90K+ miles was one of the back windows wouldn't go up or down and they had to replace the motor. It also served me very well in the snow. Gas mileage was horrific, but I knew that going in.
2WD Liberty's are just about the worst of both worlds--an SUV without 4WD capability and a lousy 2WD "station wagon." The 3.7 V6 in the gas Liberty's was one of the worst engines that Chrysler built in recent years--relatively gutless and with poor fuel economy. The only decent Liberty was the '05-'06 Lib's equipped with the 2.8L diesel engine. Excellent power and torque, with fuel economy near 30 mpg in real world highway fuel economy. There still is no 4WD sold in the US that will best that. Even at that, the CRD (diesel) Liberty's had torque converter problems that Chrysler had to fix under warranty, emission system problems (mostly the EGR) that were best fixed with an aftermarket computer flash, and very poor ground clearance for a 4WD that required an expensive suspension lift (the stock front springs usually failed, anyway, because of the extra weight of the diesel engine).
So, no surprise the you're pretty much stuck with a "turkey."
I appreciate the input here on this. I spoke with the dealer again about the warranty who said they are dictated by the state ( rates). Domestic USA are higher than japan's.
I appreciate the input here on this. I spoke with the dealer again about the warranty who said they are dictated by the state ( rates). Domestic USA are higher than japan's.
Lol at the dealer -- sounds real shady.
Your wife's warranty (insurance policy, really) is cheaper because it's a newer, more reliable car than yours.
A 50-yo male smoker's life insurance premium is going to be more expensive than a 30-yo female yoga instructor's.
No kidding.
I sold my 2002 Explorer with only 60k miles on it for $3500.
Man...wish I'd found a sucker like this one.
Yeah, but it was an Exploder oops I mean Explorer.
The OP doesn't need me to beat him up some more.
The #1 thing I think is silly here is buying a warranty on an old car. Like with all after market warranties or extended warranties you are just paying in advance for repairs you may not need.
The Jeep Liberty is awful. A ten year old Chrysler product is worth about a bag of dirt.
I would rather have the Liberty. No Audi TT, Total Turd? for me.
I do agree you paid on the high side for sure unless it is something special, like a Limited 4x4.
I also agree that you need to keep it, drive it and pay it off.
I have had 2 Libertys, and one Dodge Nitro as company cars, I enjoyed them all, put on many trouble free miles on each of them.
I didn't mean he or anyone else would prefer an Audi TT. I just used it as an example that he could've purchased a much more expensive car for the same price used. Audi TT is not a daily driver anyway - it's usually a 2nd car.
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