Topic: 2011-2012 Jeep Grand Cherokee (thinking of buying)

[tooscoops]

I also prefer the GC but here they are retaining their value very well. If you like the Cherokee too, you need to factor the overall net difference between buying new with a good warranty and interest rate vs. used with higher interest rate (if you need financing of course), little or no warranty and less insurance coverage (not a critical factor but something to be aware of).

Something I will look into when purchasing time comes closer 2-3 years.  And Chrysler doesn't have a CPO program of 0.9 to 1.9 that I have seen.  But buying new, doesn't make sense for me, especially with domestics.  I get more savings even if I have to pay the 4-5% interest in a used vehicle, vs 0% on a new vehicle, with the depreciation they take in 2-3 years.

I agree on the depreciation issue...buying a brand new domestic is crazy because depreciation in the first 2 years will likely be in the order of 40% or more.

people have an odd idea about depreciation.. they seem to only see the numbers in ways that suit their needs... and of course we all exaggerate.

what is the biggest fiatsler depreciator? grand caravan? ok.. lets take the *selling price*(not msrp, becuase who gives a crap about that) of a brand new 2015 right now... 19495. two years old... heck, lets go three to emphasize the point... a 2012... the cheapest one is 13,398 (i went max of 100000kms)....

so just over 31% depreciation... over 3 years and nearly 100000kms.... (2 years, as suggested, was 15750, so not even 20%)

there are some cars that hold their value in an almost unreal way... but that is a rarity. cars are a depreciating asset and their value decreases in a rate equal to the markets demand.

[PJungnitsch]

Is that 19495 with freight, dealer fees, GST/FST etc? From what I understand the big depreciation drop initially of a new vehicle is you eat those fees on resale.

[tooscoops]

everyone thinks that for some reason.... a dealership sells a used car for what makes sense when compared to a new model, total out the door, type price. the whole "you don't pay freight, etc." is not at all accurate. if freight were magically removed form every new car, the used prices would drop accordingly.

the 19495 includes all but hst and plates.

[Solstice2006]

that has been changing lately... their depreciation has been getting a little less drastic and more in line for what it should be... on some models at least. in many cases (especially under the Jeep name) there is a strong case to be made for new...

but yeah, looking two to three years is all speculation anyways... who knows what new/used cars will be out/worth then...

I have noticed that as well.  The Jeep brand is retaining it's value lately.  Most likely due to the better products being put out.  Too bad about the lack of a CPO program...

[redman]

OK. Maybe I should be looking for 2012+

http://media.chrysler.com/newsrelease.do;jsessionid=B36BB1A173673F3A358DD7E74A1EDF4D?&id=16038&mid=1

A routine internal data review discovered a pattern of repairs involving fuel-pump relays in certain 2011 Jeep Grand Cherokee and Dodge Durango SUVs

September 20, 2014 , Auburn Hills, Mich. - Chrysler Group is voluntarily recalling an estimated 230,760 SUVs to install new a relay circuit that improves fuel-pump relay durability.

[petetherocker]

1st year of a new model usually has some bugs to work out, and the WK2 is no different.  If you look at the TSBs (Technical Service Bulletins), 2011's have the most then they decrease by year until you get to the 2014's, when they did a mid model refresh, and 'pop' the TSB's jump back up again.

http://www.wk2jeeps.com/wk2_tsb.htm

[EV-Light]

OK. Maybe I should be looking for 2012+

http://media.chrysler.com/newsrelease.do;jsessionid=B36BB1A173673F3A358DD7E74A1EDF4D?&id=16038&mid=1

A routine internal data review discovered a pattern of repairs involving fuel-pump relays in certain 2011 Jeep Grand Cherokee and Dodge Durango SUVs

September 20, 2014 , Auburn Hills, Mich. - Chrysler Group is voluntarily recalling an estimated 230,760 SUVs to install new a relay circuit that improves fuel-pump relay durability.

it looks like this is just a small fish...look what I found after doing some digging:

The Center for Auto Safety, a nonprofit advocacy group founded by Ralph Nader, says the recall is inadequate because more than 5 million other Chrysler vehicles have the same fuel pump power control module as the Grand Cherokee and Durango.

"Chrysler should recall them all," Clarence Ditlow, the center's executive director, said Saturday.

Ditlow's group filed a petition last month asking NHTSA to investigate power system failures in Chrysler vehicles that could cause them to stall while being driven.

In the petition, the group contended that an electrical power control module used by Chrysler in millions of vehicles between 2007-2014 can go haywire, causing them to stall in traffic and cut off devices powered by electricity. The allegation covered Ram pickup trucks, Chrysler and Dodge minivans, the Jeep Grand Cherokee, Dodge Durango and Dodge Journey SUVs, the Jeep Wrangler, and other models.

The safety group says it has received over 70 complaints and that the government has received hundreds.

NHTSA has yet to make a decision on whether to investigate the matter. Chrysler said it is investigating consumer complaints and retrieving components from vehicles in the field for a closer analysis. The company says its vehicles meet all federal safety standards.

[Solstice2006]

Not sure which engine your looking at, but here is what was added for 2012:



- Grand Cherokee SRT8 added
 - Six-speed automatic transmission replaces five-speed automatic on 5.7-litre V8
 - Standard Uconnect hands-free phone operation
 - V6 models add electro-hydraulic power steering

[tooscoops]

a 2011 with all recalls performed will be the same as a newer model in most cases... the factory just does the "recall" during the design/building process....

so i wouldn't worry about that...

as for the other issue... meh... you can find complains about any part of a car if you look hard enough.. it's like finding a verse in the bible to back up your stance! to recall millions of cars for a "fault" that could appear in like 1 out of 200,000 cars... i'm not worrying about it.

[redman]

Transport Canada recall arrived:

Road Safety Recalls Database
Transport Canada Recall # 2014386

http://wwwapps.tc.gc.ca/Saf-Sec-Sur/7/VRDB-BDRV/search-recherche/detail.aspx?lang=eng&mk=4116!1927!6480&md=GRAND%20CHEROKEE&fy=2011&ty=2015&ft=&ls=0&sy=0&as=1&rn=2014386&cf=SearchResult&pg=0

Recall Date    2014/09/09
Notification Type    Safety Mfr
System    Electrical
Manufacturer Recall Number    P54
Units Affected The number of vehicles or components affected by the recall.    18,000
Category    SUV
Recall Details
On certain vehicles, a fuel pump relay within the Totally Integrated Power Module (TIPM) could fail, causing the engine to stall or to fail to start. Engine stalling would result in a loss of motive power, which, in conjunction with driver reactions and traffic conditions, could increase the risk of a crash resulting in injury and/or damage to property. Correction: Dealers will install a revised fuel pump relay external to the TIPM.
Make   Model   Model Year(s) Affected
JEEP    GRAND CHEROKEE    2011

[tooscoops]

interesting! i'm going to check mine and see if it was an affected unit. two relays for the price of one! what a deal!

[redman]

interesting! i'm going to check mine and see if it was an affected unit. two relays for the price of one! what a deal!

It's not like one has a choice. The fuel pump relay is within the Totally Integrated Power Module (TIPM). Sounds like ching ching $$ on that part to me.