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Old 02-11-2018, 07:15 PM   #1
QDM4fun
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Default Do jeeps lose all value?

Sitting on the porch yesterday talking about SxS and hunting vehicles and it got me to thinking. Can you buy a 200K mile, 10 year old Jeep for cheap? I have a 10 year old, $40K new, AWD Murano that wonít bring $2500 today, even though itís perfectly reliable. Do Jeep values ever hit this point?
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Old 02-11-2018, 07:16 PM   #2
TXJIM
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A jeep in good mechanical condition and not beat up will bring $10k and up regardless of age. Similar to a pickup in that regard.
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Old 02-11-2018, 07:19 PM   #3
Cantcatch5
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From what I have seen they get down to $7,000-$10,000 and stay there unless it is really rough or is one of the less desireable years.
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Old 02-11-2018, 07:22 PM   #4
Geezy Rider
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I once bought an 83 CJ 7 and 10 years later sold it for the same price I paid for it.
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Old 02-11-2018, 07:23 PM   #5
Dale Moser
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What you are looking for is a ~2000ish model Toyota 4Runner 4X4.
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Old 02-11-2018, 07:24 PM   #6
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Yeah they'll get that low but not anywhere close to 10 years. By the time they're near 2G it's pretty much a lease ride type of sale
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Old 02-11-2018, 07:35 PM   #7
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Originally Posted by Dale Moser View Post
What you are looking for is a ~2000ish model Toyota 4Runner 4X4.
This^^^^^^ But they've had a recent surge in value also. Still one of the best bangs for the bucks out there. V6's run forever same as their brother Tacoma for 30-40% less.
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Old 02-11-2018, 08:48 PM   #8
dustoffer
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It's all about demand----too few available and too many buyers with money in hand looking.
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Old 02-11-2018, 08:58 PM   #9
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go 4runner shopping. xterras too
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Old 02-11-2018, 09:03 PM   #10
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Not really looking for one, just got to discussing it and realized I’ve never seen a $2500 wrangler. Wondering if I need to get the wife out of her SUV and into a Jeep!
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Old 02-11-2018, 09:17 PM   #11
xman59
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Originally Posted by QDM4fun View Post
Sitting on the porch yesterday talking about SxS and hunting vehicles and it got me to thinking. Can you buy a 200K mile, 10 year old Jeep for cheap? I have a 10 year old, $40K new, AWD Murano that wonít bring $2500 today, even though itís perfectly reliable. Do Jeep values ever hit this point?
nissan in particular loose a lot of value,,, i found out the hard way when harvey totaled out my wives pathfinder ,,, i will never own another nissan anything, and would discourage anyone from buying one after what i just went through..... and that sad thing is they are good cars!
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Old 02-11-2018, 09:19 PM   #12
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I have never understood why guys pay $15k for a side by side when they can get a 70s or 80s CJ for the same price. I guess it just preference.
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Old 02-12-2018, 12:04 AM   #13
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Take care of it and you can make some really good money back if you ever plan to sale, anybody in Montgomery county area I have a lead on a bad to the bone, jacked up 98 tj, with only 92k miles.
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Old 02-12-2018, 01:57 AM   #14
Atfulldraw
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Jeeps are every bit as good an investment as crypto.....

If you buy them brand new and hang onto them, you can always tell your friends what you paid for them new and how much you enjoy owning it, as if you have money to burn.

If you sell it too early you can tell them how smart you were for getting out when you did and not losing as much as you could have.

If you don't buy a Jeep at all, you look like a genius.
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Old 02-12-2018, 04:24 AM   #15
Jerry H
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All vehicles lose value, they are not assets they are a liability
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Old 02-12-2018, 05:39 AM   #16
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Quote:
Originally Posted by Jerry H View Post
All vehicles lose value, they are not assets they are a liability
You don't know much about jeep values
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Old 02-12-2018, 06:45 AM   #17
systemnt
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Bought a TJ and a CJ in 1998..Both used .
Sold CJ for $3K more than I bought it after putting 20K miles on it.
Traded the TJ in and got close to 5K more than I bought it for- also putting 20K miles on it.. and i didnt get a great deal when i bought them.
MAYBE spent 1k on each during the time i had them for tires, lights, etc.

They just hold value- and with the right upgrades/accessories, can increase in value.
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Old 02-12-2018, 07:00 AM   #18
FVR JR
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They hold a lot of their value unless they are extremely torn up. They're worse than the old diesels when it comes to what people want for them.

Last edited by FVR JR; 02-12-2018 at 07:02 AM.
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Old 02-12-2018, 07:16 AM   #19
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Quote:
Originally Posted by Hornfan View Post
I have never understood why guys pay $15k for a side by side when they can get a 70s or 80s CJ for the same price. I guess it just preference.
One big reason is that jeep will not go where the side by side will.
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Old 02-12-2018, 07:27 AM   #20
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I've got a 1946 willys cj2a that will. Where will that side by side be in 71 years?
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Old 02-12-2018, 07:29 AM   #21
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Quote:
Originally Posted by Hornfan View Post
I have never understood why guys pay $15k for a side by side when they can get a 70s or 80s CJ for the same price. I guess it just preference.
I use to think the same way and swore I'd never by a sxs but about 5 years ago I got on a lease that started out at 11k acres and grew to 18k.. I could take my ranger a lot more places and I could cruise to the stand at 30mph which was 10 miles away.. if I had hunted a 2000 acre place i would have gotten a jeep..
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Old 02-12-2018, 07:34 AM   #22
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Quote:
Originally Posted by Hornfan View Post
I have never understood why guys pay $15k for a side by side when they can get a 70s or 80s CJ for the same price. I guess it just preference.

My Ranger would float over stuff a CJ and trucks would crack your teeth on at my lease at the same speed. I wish I'd have never sold it. It sure made for quick runs to the blind to filll a feeder or pull a card versus what we do today.
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Old 02-12-2018, 07:52 AM   #23
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One of the first things I noticed when moving here last year was how much more expensive Jeeps were here than in PA. The difference is rust. They have a lot more rust in PA from all the winter road salting so they are cheaper.
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Old 02-12-2018, 08:55 AM   #24
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I bought a 98 TJ 3 years ago with 167,000 miles. Ive put about 2,000 in upgrades to it over that time and I turned down 14,000 for it with 186,000 miles on it now.
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Old 02-12-2018, 09:15 AM   #25
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Originally Posted by Geezy Rider View Post
I once bought an 83 CJ 7 and 10 years later sold it for the same price I paid for it.
This is good to know. I was at a friend's house in Colorado this weekend who has a mint condition, garage kept 83 CJ7 with less than 30k original miles. The only modification was a new top. I was drooling over it and he was wondering if it was worth anything.
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Old 02-12-2018, 09:23 AM   #26
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They should loose more value than they do. They are not practical, cant haul a load of lumber or hog panels to the lease for stands and pens.
An old toyota truck is a 100% better option for a hunting ride
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Old 02-12-2018, 12:19 PM   #27
Rubi513
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I have had my 04 Rubicon for about 5 years. I paid 13k for it. There is not a doubt Iím my mind I could sell it for 15k today.

As far as the new Jeeps, I am not sure how well they hold their value.
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Old 02-12-2018, 12:48 PM   #28
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Quote:
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My Ranger would float over stuff a CJ and trucks would crack your teeth on at my lease at the same speed. I wish I'd have never sold it. It sure made for quick runs to the blind to filll a feeder or pull a card versus what we do today.
Yeah but the dust etc is terrible on rangers. I know you christoval guys get more rain than we do in the poor boy areas but dust is terrible at our place on a ranger.
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Old 02-12-2018, 01:00 PM   #29
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They are like anything else only worth what your willing to pay for it. I never pay over book value regardless.
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Old 02-12-2018, 01:11 PM   #30
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Jeeps are a novelty item and the price of new ones is crazy. That's why they hold value; however, let's keep it in perspective. Jeeps hold value better in relation to other vehicles. However, not much different than trucks, a brand new one will still depreciate like a rock until it reaches a certain age range (probably 10 years or so), then it will hold a value above most other vehicles in the same age range.

With that said, you buy a new one pushing $40K, sell it in 10 years for $15K; it's not like you are making money.
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Old 02-12-2018, 01:15 PM   #31
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Quote:
Originally Posted by Jerry H View Post
All vehicles lose value, they are not assets they are a liability
Not true.
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Old 02-12-2018, 01:21 PM   #32
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Quote:
Originally Posted by Mambajeep View Post
You don't know much about jeep values
Assets make you money.....owning a jeep will cost you money every time so they are definitely a liability.
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Old 02-12-2018, 01:25 PM   #33
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http://discussions.texasbowhunter.co...ight=1982+JEEP

here's a lease ride if someone is looking
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Old 02-12-2018, 01:31 PM   #34
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Quote:
Originally Posted by justintyme8303 View Post
Assets make you money.....owning a jeep will cost you money every time so they are definitely a liability.
Thank you
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Old 02-12-2018, 01:45 PM   #35
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Quote:
Originally Posted by justintyme8303 View Post
Assets make you money.....owning a jeep will cost you money every time so they are definitely a liability.
Quote:
Originally Posted by Jerry H View Post
Thank you
True, but Jerry you said all vehicles.
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Old 02-12-2018, 01:56 PM   #36
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If you get one of the new Dodge Jeeps, they lose about 50% of their value as soon as you drive them off the lot. Been there.
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Old 02-12-2018, 02:14 PM   #37
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Quote:
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All vehicles lose value, they are not assets they are a liability
Don't tell my 76 ford bronco that you'll hurt her feelings I paid 4500 for it and could easily get 15000 for it now
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Old 02-12-2018, 02:37 PM   #38
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Bought a brand new jeep in 2014 from dealership A (got a great price on it). Drove it for a year, missed my truck too bad and went to trade it in. Dealership B gave me $600 more for trade in than what I originally bought the jeep for from Dealership A.

Didnt make any sense to me, but I took the money............
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Old 02-12-2018, 02:40 PM   #39
Atfulldraw
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Probably the best way to buy a Jeep is used off a non-Jeep dealership's trade in lot.

We drove one for basically free for two years like that - bought a 2012 with about 15K miles on it and then sold it for what we paid for it.
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Old 02-12-2018, 03:02 PM   #40
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Originally Posted by Eastwood View Post
I've got a 1946 willys cj2a that will. Where will that side by side be in 71 years?
I will be 129 then so frankly I don't give a ****,
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Old 02-12-2018, 03:42 PM   #41
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Quote:
Originally Posted by justintyme8303 View Post
Assets make you money.....owning a jeep will cost you money every time so they are definitely a liability.
Depends on your definition of asset... For all intents of the every day consumer an asset is anything you own that can fetch a certain dollar value if you were to sell it. Cars are an asset, but are a liability when you have a vehicle loan to pay for them. It is possible that your liability outweighs the asset, but that vehicle doesn’t stop being an asset.

Now, if you’re speaking in Dave Ramsey terms, a vehicle is an expense, not an investment. I believe that to be true for 99% of vehicle’s. Even if you can see an increase in value, it will come with an increased cost of keeping that vehicle in proper working order.

Last edited by popup_menace; 02-12-2018 at 04:29 PM.
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Old 02-12-2018, 03:54 PM   #42
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Been looking for a year they sell all day long for more then the blue book value, if a lift and tires even more $$$$
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Old 02-12-2018, 04:59 PM   #43
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Quote:
Originally Posted by popup_menace View Post
Depends on your definition of asset... For all intents of the every day consumer an asset is anything you own that can fetch a certain dollar value if you were to sell it. Cars are an asset, but are a liability when you have a vehicle loan to pay for them. It is possible that your liability outweighs the asset, but that vehicle doesn’t stop being an asset
A jeep will never be an asset for most people. They cost you money from day 1 and never make you any. Most people will sell them to stop the bleeding waaaay before they ever make any money using it. You can buy it and sell it for the same price and you still lost money and just the fuel cost never mind the up keep.

If its not making you money its a liability.

If you used it as a guide and owned it for 20 years maybe.
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Old 02-12-2018, 05:06 PM   #44
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Quote:
Originally Posted by Wood Rat View Post
Been looking for a year they sell all day long for more then the blue book value, if a lift and tires even more $$$$
Yep there is a sucker born everyday. Never ever pay over book for a jeep just bc its lifted with big tires. If it was done wrong you will just need to dig deeper in those pockets.

IF it was done right and they have papers to prove the build then there is added value back but not at 100% the value of those upgrades.
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Old 02-12-2018, 05:10 PM   #45
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Originally Posted by TxNurse View Post
If you get one of the new Dodge Jeeps, they lose about 50% of their value as soon as you drive them off the lot. Been there.
I'll be honest, it seems the newer Jeeps do lack in reliability factor. My dad has a 2015 Sahara that's at the dealer right now getting a new rear end due to a factory defect. His mobile mechanical pointed out some of the seals were leaking when performing routine maintenance. His Jeep is all stock, has like 45K miles on it, 99% highway use, no extensive off road anything, etc.

It also had an ignition problem early on. Been to the dealer at least 3 times for non-routine maintenance. Everything has been under warranty, but still not all that impressive for a 3 year old, lightly used Jeep.
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Old 02-12-2018, 05:13 PM   #46
popup_menace
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Quote:
Originally Posted by justintyme8303 View Post
A jeep will never be an asset for most people. They cost you money from day 1 and never make you any. Most people will sell them to stop the bleeding waaaay before they ever make any money using it. You can buy it and sell it for the same price and you still lost money and just the fuel cost never mind the up keep.

If its not making you money its a liability.

If you used it as a guide and owned it for 20 years maybe.
What line of work are you in?
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Old 02-12-2018, 05:21 PM   #47
Eastwood
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Originally Posted by mjhaverkamp View Post
I will be 129 then so frankly I don't give a ****,


Yeah Iíll be 108 and my Jeep will probably be running on flubber!


Sent from my iPad using Tapatalk
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Old 02-12-2018, 05:47 PM   #48
Smart
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Originally Posted by txwhitetail View Post
Yeah but the dust etc is terrible on rangers. I know you christoval guys get more rain than we do in the poor boy areas but dust is terrible at our place on a ranger.

Dust isnt much better in a jeep...and the **** gas fumes roll back over the back gate and choke you out in a soft top. If I'm gonna roll with the slowness of a Jeep, I'm using a truck with AC, HEAT, plenty of legroom and a bed
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Old 02-12-2018, 05:54 PM   #49
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What line of work are you in?
x2??

This gentleman has a very interesting take on accounting definitions. There is a big difference between an ASSET and an INVESTMENT. I believe he has the two confused.

This is an interesting topic. I bought a '95 YJ seven years ago for my boys to drive. I wanted them to learn a stick and with no power steering, I figured they were much less likely to text and drive. One is out of college now and the other will be in about a year. Figure I will be selling it when the 2nd one graduates. I bought it for $3600 and have put about $3K into it besides gas (motor mounts, starter, tires, battery, soft top and LineX on the interior). You guys are giving me hope that I may not make out too poorly.
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Old 02-12-2018, 05:56 PM   #50
popup_menace
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Quote:
Originally Posted by Rush2Judge View Post
x2??

This gentleman has a very interesting take on accounting definitions. There is a big difference between an ASSET and an INVESTMENT. I believe he has the two confused.

This is an interesting topic. I bought a '95 YJ seven years ago for my boys to drive. I wanted them to learn a stick and with no power steering, I figured they were much less likely to text and drive. One is out of college now and the other will be in about a year. Figure I will be selling it when the 2nd one graduates. I bought it for $3600 and have put about $3K into it besides gas (motor mounts, starter, tires, battery, soft top and LineX on the interior). You guys are giving me hope that I may not make out too poorly.
Kind of my thought.
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