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Myth #101: Your Patriot will hold it's value

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1inchgroup

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Discussion starter · #1 ·
So, continuing with my Patriot bashing...this time on the vehicle actually holding some of it's purchase value. This may hurt some feelings, but I don't drink the Patriot Kool-aid...it is what it is. Read 'em and weep.

2007 Trail Rated Limited CVT2, etc...etc. 23000 miles.

Dropped by the Toyota dealership to take a look at the FJ Cruiser and see if I could get out from underneath this Patriot before the warranty expires (not that the warranty has been of any actual use, as I've said before....Chrysler sucks). While the sales manager was taking the 4cylinder rattling flappymobile out for a test drive, I jumped into an FJ and took a little spin.

2 seconds after I started driving the FJ, I realized what a horrible mistake I made buying the Patriot. The FJ takes bumps smoothly (nice and soft), without that hard jarring the Patriot does even in driveway gutters...it accelerates smoothly and has power to spare at 70MPH. Compare that to the Patriot that, when floored at 65MPH, does nothing but redline....all this for a loss of about 2 MPG. The blind spots are pretty bad, but nothing worse than the Patriot was to get used to.

So I get back to the dealership and the manager had finished with his trade in estimate. Keep in mind I walked out of the Chrysler dealership a little over a year ago after writing a check for 24 thousand dollars and some change.

What's his estimate?

14,000 trade in...for those of you that are math challenged...that's a $10,000 drop in one year.

Patriots hold value about as well as their dome lights hold water, as well as their hinges hold the hood, and as well as the Patriot accelerates to freeway speed.
 
#2 · (Edited)
Bye ... Hope you like that gas guzzling over weight beast.

By the way ... of course it drives better/different! Was that really a question in your mind? It's bigger than a Liberty (I had a pre-lowered 02 liberty beside one ... I know). The Patriot and FJ Cruiser are not even in the same class. If you liked the FJ cruiser styling, feel, power, and ride better in the first place then a GMC Arcadia, Chevy Equinox, Jeep Grand Cherokee, or Jeep Liberty should have been your choice ... not the Patriot.

As for the resale value ... well, surprise, surprise. All vehicles lose a lot. That's why you have to drive them for 3+ years to gain any ground and that assumes you keep them in very good condition and don't over do the mileage.
 
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#3 ·
Lets say you buy the FJ Cruiser for 30,000. The second you drive it off the lot its will be only worth 27,000. Keep in mind that since the pat is no new so not many dealers know what they can get for a used one. Your going to a non jeep dealer so the trade in will BE A LOT LESS. Trade in value can be neg. up more than that. ALso it depends on how well you take care of your veh, the options you have, and the miles. Also right know with the market anything that isnt a 4cyl. compact car is losing value as a trade in because of the market and the gas prices. You try to trade in the FJ Cruiser in 1 yr. and tell us then what one lost more value in a yr.

GOOD BYE
 
#4 ·
I would have bought the FJ if the price was a little more reasonable here in Canada....base model starts at $10,000 more then the Sport Patriot. It's a very nice ride and a real muti-purpose SUV....you can actually tow heavy stuff with it, very capable off road, gas mileage is pretty decent. It's a much better vehicle all around then the Patriot.
That said, I'm quite happy with the Pat so far for what I paid for it. It's a grocery getter to me, and my daily commuter. It's a great winter vehicle which is important here....:)
 
#5 ·
FYI, the car market is SOFT right now, you are not going to get a good trade in, ESPECIALLY from a non Chrysler dealer and ESPECIALY from a Toyota (or Honda for that matter) dealer. I personally can't stand the FJ for looks and pricing purposes, if I was spending more money and didn't care about mileage, I'd probably have looked into an Xterra. Anywho, don't let door hit ya where the good lord split ya with that attitude.
 
#6 ·
1inchgroup said:
What's his estimate?

14,000 trade in...for those of you that are math challenged...that's a $10,000 drop in one year.

Patriots hold value about as well as their dome lights hold water, as well as their hinges hold the hood, and as well as the Patriot accelerates to freeway speed.
Click to expand...
Yes, cars depreciate alot, especially during the first few years. That it is why it is very important to try to make the best decision in purchasing a new vehicle. Sorry you regret your decision, but you may be stuck with the pat for a few years. I'm just glad that after I traded in my junk GM truck I only paid about 8 grand for my 4x4 patriot and so far it has been a pretty good vehicle. Not perfect, but for the price I did not expect too much out of it. Mine also has not leaked, rattled or flapped thus far either.
 
#7 ·
So long hope you have better luck with the toy yota.
 
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#8 ·
As we all know, the Patriot bases at about $15,000. Put five more into it, or maybe ten more into it and you've topped out the model. But at trade time, you're back to the base for the vehicle; or wholesale, for better or worse. Trading at one year into the vehicle is suicide, unless somebody just has to have it and pays you a premium for it; which has actually happened to me.

It's unfortunate you're dissatisfied with the product. Drive it or sell it. Take your losses. The rest of your complaint is your problem. You have to go pee-pee, just go. Telling everyone in the room about it doesn't help.
 
#9 ·
1inchgroup said:
So, continuing with my Patriot bashing...this time on the vehicle actually holding some of it's purchase value. This may hurt some feelings, but I don't drink the Patriot Kool-aid...it is what it is. Read 'em and weep.

2007 Trail Rated Limited CVT2, etc...etc. 23000 miles.

Dropped by the Toyota dealership to take a look at the FJ Cruiser and see if I could get out from underneath this Patriot before the warranty expires (not that the warranty has been of any actual use, as I've said before....Chrysler sucks). While the sales manager was taking the 4cylinder rattling flappymobile out for a test drive, I jumped into an FJ and took a little spin.

2 seconds after I started driving the FJ, I realized what a horrible mistake I made buying the Patriot. The FJ takes bumps smoothly (nice and soft), without that hard jarring the Patriot does even in driveway gutters...it accelerates smoothly and has power to spare at 70MPH. Compare that to the Patriot that, when floored at 65MPH, does nothing but redline....all this for a loss of about 2 MPG. The blind spots are pretty bad, but nothing worse than the Patriot was to get used to.

So I get back to the dealership and the manager had finished with his trade in estimate. Keep in mind I walked out of the Chrysler dealership a little over a year ago after writing a check for 24 thousand dollars and some change.

What's his estimate?

14,000 trade in...for those of you that are math challenged...that's a $10,000 drop in one year.

Patriots hold value about as well as their dome lights hold water, as well as their hinges hold the hood, and as well as the Patriot accelerates to freeway speed.
Click to expand...
..and your point being? even the almighty-toyotas lose value, heck i bet the FJ will lose at least 10000 in the first year as well. you dont buy a car and then trade it within a year and expect to get the same price you paid for it :doh:
 
#10 ·
If you think that beast only gets 2 mpg's less than the patriot you are in for a shock. There is no V6 equiped suv out there that gets even close to the patriot. I get 23mpg in all city driving. That FJ may see 23mpg on the highway but no where near that in city driving. But hey if you enjoy handing over your money to the oil companies go buy the FJ. As for me the patriot is the best vehicle I ever bought.
 
Discussion starter · #11 ·
The "new" EPA estimates show 18-22 on my Patriot, and they show 16-20 on the FJ. I get almost 25 in my Patriot. I'm figuring I'd get 22 out of the FJ...but they're all estimates.

Wouldn't be thinking about selling it if it was worth keeping. Thing just has too many problems that are common that Chrysler isn't willing to fix. Besides, it's not fun to drive...it's lethargic and noisy.

Might be able to squeeze 18 grand out of it private party, but not too optimistic about selling it here. Have to move it down to southern california to get rid of it.

If I do decide to put it in the paper, I won't bother installing the supersliders...so I may have a set of those for sale if anyone's interested.

Can't take a 10K hit though, that's not gonna happen.
 
#12 ·
there are VERY FEW used cars that 'hold their value'. my Toyota Corolla is one, but it's still not worth what i paid for it.

the only USED car todays market that is worth as much or more than what was paid for it new may be the smart car.

that's only because there's a 22 MONTH WAIT to get one! :wow:
 
#13 ·
You do realize that you lost the first 20-25% just by driving it off the dealers lot?? If you also do not realize that a Jeep Patriot is basically an entry level vehicle-meaning that in a few years you will come back and move up to the next Jeep vehicle like a Liberty or Grand Cherokee. While it is true that some vehicles hold their value better than others,but, in the long run the 4 cylinder Pat will hold a better value 3 years down the road than a GAS PIG SUV WILL.
I have been watching the resale value of smaller cars over the past couple of months and they are going up and the bigger vehicles are going down-once again because of GAS MILEAGE.
The other factor that hurts trade-in value is higher mileage per year. your has 23,000 miles on it-that also hurts resale value-a lower mileage vehicle will always demand a higher trade-in and resale price.
Tom
So if you do not like it trade it and SHUT UP ABOUT IT!!!!!!!!!!!!!!!!!!!!!!!
 
#14 ·
Jeepster55 said:
there are VERY FEW used cars that 'hold their value'. my Toyota Corolla is one, but it's still not worth what i paid for it.

the only USED car todays market that is worth as much or more than what was paid for it new may be the smart car.

that's only because there's a 22 MONTH WAIT to get one! :wow:
Click to expand...
There are a bunch of those 4-2 "smart" cars on a lot near my work.......not quite so popular here I guess cause it snows:)
Personally I wouldn't be caught in one of those things, I think they would be a death trap if you hit anything larger then a bicycle or a pedestrian.
 
#15 ·
Hitzy said:
There are a bunch of those 4-2 "smart" cars on a lot near my work.......not quite so popular here I guess cause it snows:)
Personally I wouldn't be caught in one of those things, I think they would be a death trap if you hit anything larger then a bicycle or a pedestrian.
Click to expand...
Reminds me of a joke i heard once where the comedian says he was riding his bike and a Smart car hit him...his bike was ok, but the car was done ;) :D
 
#16 ·
Folks, I'm not defending anyone's comments, just stating that we can discuss this without being abusive. I do see where some are allowing their loyalty, and lack of same, of the Patriot, to heat up the thread, so, please, LET'S KEEP IT CIVIL.
 
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#17 ·
Common Sense

Stop and think for a minute. The dealership is ALWAYS going to give you a offer that is pretty bad on a trade in. Why? Because they want to make money off of your vehicle! Right now, many Jeep dealerships can't keep the Jeep Patriot on their lots. I just bought mine two weeks ago, and it was on a dealer trade. The dealer I went to only had 3 on the lot and they were the base models. Toyota played you well my friend. They knew they could turn that vehicle quick, and make some dough out of it! FJ? Are you kidding me? Pretty ugly if you ask me. The local mall uses them as patrol cars and we laugh every time we see them. I'm happy that Patriot is going to someone that will deserve it:)
 
#18 ·
The entry level Toyota FJ is $15,000 more than the Jeep Patriot. It all comes down to what you want your vehicle to do for you.

In fact you could almost purchase one 4x4 Patriot and one 2x4 Patriot for the price of the Toyota FJ. I sure hope it is better. With fuel costs as high as they are you can probably find a used FJ at a good price.
 
#19 · (Edited)
1inchgroup said:
The "new" EPA estimates show 18-22 on my Patriot, and they show 16-20 on the FJ. I get almost 25 in my Patriot. I'm figuring I'd get 22 out of the FJ...but they're all estimates.
Click to expand...
Oh, that's a good one about the 22 MPG on the FJ Cruiser. According to fueleconomy.gov the numbers are 16 city/20 highway for the automatic version. Oh, did anyone mention to you that the FJ Cruiser is recommended to use premium gasoline? $$$

The reason why the Patriots numbers from the EPA are lower than most people are getting is due to the fact that it was a very new vehicle and relatively untested in the real world. The FJ cruiser has been around for awhile and unless it lost some weight recently and/or has seen a significant change in transmission/axles it's not going to gain 10% fuel economy overnight.
 
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