First and foremost, we need to explain that in certain global markets, customers can choose between a variety of Jeep Gladiator trims such as; Sport, Sport S, Overland and Rubicon. Locally, at the time of writing this article, the only trim level available for the Jeep Gladiator is the Rubicon trim. Nevertheless, we will be investigating the depreciation of the Jeep Gladiator in the Rubicon guise.
Now, considering that the Rubicon trim comes with every available feature as it is the top trim level available, there are additional options available for the discerning customer which could see the initial purchase price increase. But before you set out to get an Instant Offer on your car and start your journey to find a new or used Jeep Gladiator model on AutoTrader, let us take a look at the depreciation.
Related: Jeep Gladiator (2022) video review
2022 Jeep Gladiator Rubicon
The Jeep Gladiator Rubicon is quite a unique offering in the local bakkie market. Aimed more towards lifestyle users, the model comes fitted with FOX suspension, a variety of off-road features to assist the driver and a powerful 3.6-litre, Pentastar, V6 petrol motor coupled to an 8-speed automatic transmission. The purchase price of the American conqueror includes a 3-year / 100 000 km maintenance plan as well as a 5-year / 100 000 km warranty.
Price new (2022): R 1 259 900
Used market value: R 1 598 999
Average market mileage: 7 262 km
Value retained: 126.91%
Price new (2023): R 1 329 900
Verdict
Based on the average used price of 2022 model-year examples of the Jeep Gladiator when compared to the new price at the time of the local introduction in 2022, the model has not lost any value, instead, it has seen an appreciation of 26.91%. This, in fact, results in the used market price even being higher than that of a new example in 2023.
Note that the figures quoted above do not take into account additional accessories that could have been added. The figures quoted above were correct at the time of writing the article, however, can change at any moment and without notice.
