Boom: mortgage

The Best Time To Buy A Jeep Wrangler: Key Buying Points

When is the best time to buy a Jeep Wrangler?

Is it better to buy a 1-year-old vehicle or an 11-year-old vehicle?

This study calculates the buying points for a Jeep Wrangler — from new 2007 models back to model year 1990.

The Buying Points

There are 3 key buying points during this period that appear to provide the best value relative to the depreciation of a Jeep Wrangler.

So, what type of depreciation can expect you expect?

Let’s take a look at models that are less than 6 years old first.

Model Year 2006 – 1st Buying Point

The first buying point occurs when the Jeep is 12-18 months old. The reason for this is high first year depreciation on a new vehicle. The first year depreciation of a new Jeep is about 15%. This means that you will lose approximately 15% of whatever you invest into a new Jeep Wrangler within the first 12 months of purchase.

The depreciation is less than 7% on average over the next 4 years.

Therefore, the best buying point for newer Jeeps is about the time it is 12 months old. The average cost of a 1-year-old Jeep is $21,148.

The average cost per year (average depreciation) of a new Jeep over the first 4 years is $2,139/yr. The average cost of a 1-year-old Jeep over the next 4 years is only $1,303 per year.

That’s a savings of over $3,344 just buy purchasing a 1-year-old Jeep rather than a new one!

Jeep Tour Guides… How To Get Hired And What To Expect If You Pursue This Career Choice

Ever wonder what it’s like to be a Jeep tour guide?

Arguably, Sedona, Arizona is the Jeep tour capital of the world. With the great weather, gorgeous scenery, and easy access to a myriad of trails, no wonder there are so many tour companies.

I’m a Jeep tour guide in Sedona, and many people think that this would be a dream job. If you are one of those, read this first!

Here’s everything you want to know about Jeep tour guides, including how to get hired and what to expect your first days on the job.

Wanna Be A Jeep Tour Guide?
Many think it sounds like fun, and it is, for awhile. But, for most, the romance wears off quickly. The average career lifespan of a Jeep tour guide in Sedona is less than 2 years, but there are those who have been guiding for 5, 10, even 20 years.

I have been in the Jeep tour business since 1996, which makes me about 96 in Jeep years.

I have eaten enough red dust to be convicted of smuggling federal property.

I have ushered thousands of visitors into the backcountry.

I have grown tired of the sound of my own voice.

I have watched Jeeps go from the showroom floor… to tour status… to beyond reasonable maintenance and relegated to the Jeep retirement lot with 150,000 trail miles on them.

I have hosed off various types of excrement from Jeeps.

And I have seen guides in training, passed by them on the trail for awhile, then saw them eventually move on to a “real” job.

Let me give you some insight to the whole world of professional Jeep tour guiding, from start to — finish.

First of all, it takes a certain type of person to really be a guide, as an ongoing career. Most “career” guides are very serious nature and history lovers. They drive Jeeps all week, then spend their days off hiking, biking, or even Jeeping. They love to read. They have heated debates with their associates about the current scientific name of the javelina, the best way to eat agave, or the latest tour joke. They are clever, independent, resourceful, animated, and loud. They are very much people-people — they love to entertain and be the center of attention. And they can deal with a great deal of ups and downs, not just on the trail, but also in their schedules and bank accounts.

Accessories Holiday Gift Guide

FabFours Jeep Wrangler JK Off-the-Door Tire Carrier
Fab Fours recently unveiled its new off-the-door tire carrier for the 2007-14 Jeep Wrangler JK. Fab Fours notes it is the first-ever “5-Point” system, as the dual rotating axis design allows the tire carrier to open with the JK’s door smoothly while still retaining durability on the trail. The tire carrier is equipped with accessory holes to accommodate attachments such as a Hi-Lift Jack, brake light attachments and a CB antenna. Constructed of 3/16-inch steel, the carrier is available with a two-stage powder coat or bare steel. The Fab Fours JK Tire Carrier is fully adjustable to accommodate up to a 40-inch tire. For more information.source

Guide to car loans

Buying a car is one of the most popular reasons people take out a loan. But if you are considering borrowing to fund your new set of wheels, make sure you find the best deal to suit your needs.
Few people can afford to stump up the full cost of a new motor without needing to borrow money, but before choosing a loan, it’s important to know exactly what’s involved so that you keep a lid on costs. Here, we explain how car loans work, and take a look at some of the pros and cons…

What is a car loan?
A car loan, as the name suggests, is a loan you take out to pay for a car. You decide how much you need to borrow and over what term you want to pay it back. Most car loans run for around three to five years, but longer or shorter terms might be available.
Interest rates are usually tiered depending on how much you want to borrow. As a general rule, rates are lower the greater the size of the loan, so if you are borrowing an amount that is just below the next tier up, it may actually be more cost-effective to borrow a bit more.
That said, don’t extend yourself too far – you should never borrow more than you can afford to repay.
Advantages and disadvantages of car loans?
The biggest advantage of taking out a car loan to pay for your motor is that once you’ve driven the car off the forecourt, you own it outright.
If, however you choose a hire purchase (HP) plan instead of a loan, you are effectively “hiring” the vehicle for the term of the agreement. You don’t own it until after the final payment has been made. That means if you run into financial difficulties, you cannot sell it to pay back what you owe.
One of the big disadvantages of car loans, however, is that because cars depreciate in value so quickly, by the time you finish paying off what you owe, your car may be worth a fraction of the price you paid for it initially. So this option won’t suit those who like to regularly update their vehicles.
It’s also worth considering gap insurance – this will pay the difference between what you paid for the car and what you receive in an insurance pay-out in the event of an accident or if the car is stolen.
Remember also that a car loan won’t always be the cheapest way to buy a car. September and March, when the new number plate registrations are released, often see particularly attractive forecourt finance deals offered, so it’s worth checking what’s available.source