JKOwners Forum banner
1 - 2 of 30 Posts

· Registered
Joined
·
144 Posts
I still don't understand the JK8 - it costs several thousand dollars to convert a 35k+ Jeep into a 25k Ford Ranger with poor hauling/towing ability. It is different (if that is your goal) but the entire setup just does not make any sense to me.
I think the 4-door AEV looks really cool - but for me personally, dumping that amount of cash into a vehicle would be filed under poor financial planning. However, I am glad to someone makes them and someone buys them because they are cool to look at online.
 

· Registered
Joined
·
144 Posts
With gas prices being what they are, owning a Jeep is poor financial planning. Having said that, I wouldn't have it any other way. My Jeep is my passion.
Actually the cost savings of driving a similar marketed fuel efficient car vs. a Jeep is not that great. Sure, someone is going to say, I have 96" tires and get 0.5 MPG - that is not the average Jeep owner.

Cost of Gas in Midwest today $3.61
My JK MPG 18 MPG (calculated over 15,xxx miles)
Mini Cooper 33 MPG Combined

Annual cost of fuel for a JK @ 15,000 mi. per year @ $3.61 Per Gallon - $3008.33

Annual cost of fuel for a Mini @ 15,000 mi. per year @ $3.61 Per Gallon - $1640.09 (Disregarding the need for premium)

Annual Fuel Difference - $1367.42

Cost difference over 5 years - $6837.11

Using the calculation above, you pay a $1367.42 fuel penalty each year to drive a Jeep vs. a Mini Cooper. The cost of a JK8 mentioned by the OP was 55k or about a 20k premium over the stock sport. Over 5 years that breaks down to $4,000 per year. It is not yet known if the resale of the JK8 will be increased.

My point - $1367.43 is not a significant penalty in my opinion, however, $4,000 per year for the JK8 is a significant penalty. I really like my Jeep also, but I have a lot of other interests.
 
1 - 2 of 30 Posts
This is an older thread, you may not receive a response, and could be reviving an old thread. Please consider creating a new thread.
Top