When it comes to buying a used car, one of the main concerns that most buyers have is the mileage on the vehicle. The mileage on a car is a crucial factor in determining its overall condition, reliability, and resale value.
If you’re considering buying a Jeep Cherokee with over 100k miles, you may be wondering whether it’s a smart purchase or a risky investment. It’s not a risky investment but not a smart purchase. This is because you’re outside warranty and you may be buying an older version or model.
In this article, we’ll explore the benefits and drawbacks of this type of purchase. As well as key factors to consider when making your decision.
Should I Buy a Jeep Cherokee With Over 100k Miles?
Buying a jeep grand Cherokee with higher mileage, say over 100,000 miles is not a totally regrettable investment. According to the owners of this car model, there have been more good reviews than bad reviews. Most owners say it’s a reliable car once you maintain and take proper care of it.
Watch the video below to help you make an informed decision.
Pros of Buying a Jeep Cherokee With Over 100k Miles
You will surely get some precise advantages by buying an old Grand Cherokee with over 100K mileage. Some pros about this investment include the following:
Older vehicles are generally less expensive than newer ones, and vehicles with a lot of miles tend to be priced even lower. This means that you may be able to find a Jeep Cherokee that fits within your budget, while still getting a reliable and capable vehicle.
Experienced and Reliable Vehicle
Jeep Cherokees are known for their durability and reliability. This is especially true of older models that have already proven their worth. For example, Jeep Cherokees with over 100k miles have typically been driven a lot. Some of them may have already gone through several rounds of maintenance and repairs, which increases their reliability.
High Resale Value
Jeep Cherokees have a reputation for holding their value well. It can be a significant advantage if you plan to sell the vehicle in the future.
Even older models with over 100k miles may still be worth a considerable amount of money, especially if they have been well-maintained and are in good condition.
There are countless aftermarket parts and accessories available to make your Jeep unique. An older model with high mileage can offer more opportunities for modifications without worrying about depreciation.
Cons Of Buying A Jeep Cherokee With Over 100k Miles
If you’re in the market for a Jeep Cherokee with over 100,000 miles, there are a few cons to keep in mind before making your purchase.
Higher Risk of Repairs and Maintenance Issues
One of the main disadvantages of buying a Jeep Cherokee with over 100k miles is the higher risk of repairs and maintenance issues. As vehicles age and accumulate more miles, parts start to wear out and need to be replaced. This can result in costly repairs and maintenance bills, which can add up over time.
Potential Safety Concerns
Older vehicles may not have the latest safety features and may not perform as well in crash tests as newer vehicles. This can be a concern if you plan to use the vehicle to transport your family or if you frequently drive on busy highways.
Lower Fuel Efficiency
Another potential drawback of buying a Jeep Cherokee with over 100k miles is lower fuel efficiency. Older vehicles may not be as fuel-efficient as newer ones, which can result in higher fuel costs over time.
Potential Difficulty Finding Financing or Insurance
Buying a high-mileage Jeep Cherokee may make it more difficult to find financing or insurance. Lenders and insurance companies may view older vehicles as riskier investments and may charge higher interest rates or premiums as a result.
Oftentimes these higher mileage cars don’t come with warranties and it’s a thing of concern in case of any eventuality.
Factors To Consider When Deciding Whether To Buy A Jeep Cherokee With Over 100k
Jeep Grand Cherokees are known for their durability and off-road capabilities. However, to enjoy the benefits of a reliable and durable vehicle for years to come, it’s important to make an informed decision based on the followings:
Ensure you ask the seller to provide records of any repairs and maintenance that have been done on the Jeep Cherokee. Look for evidence that the vehicle has been well-maintained, with regular oil changes, tire rotations, and other routine maintenance.
If the seller cannot provide the vehicle’s maintenance records, you may want to consider walking away from the purchase. Lack of maintenance can lead to costly repairs down the road.
Vehicle Condition and Appearance
While some wear and tear are expected on a vehicle with over 100,000 miles, excessive damage may be a sign of neglect or abuse. Before making a purchase, you should inspect the vehicle for signs of damage, including scratches, dents, and rust.
Also, take the vehicle for a test drive to check for any unusual noises or vibrations. Additionally, fact-check the seller’s claims about the vehicle’s condition and appearance to ensure they are accurate
Intended Use Of The Vehicle
Consider how you plan to use the Jeep Cherokee before making a purchase. If you plan to use it as a daily driver, you may want to look for a vehicle with lower mileage and fewer off-road modifications.
If you plan to take it off-road, you may want to look for a vehicle that has been modified for that purpose. Keep in mind that off-road modifications can affect the vehicle’s reliability and resale value.
Availability Of Funds For Repairs And Maintenance
A Jeep Cherokee with over 100,000 miles may require more maintenance and repairs than a newer vehicle. Ensure you have the financial resources to handle any necessary repairs or maintenance. It’s also a good idea to have a mechanic inspect the vehicle before purchasing to identify any potential issues that may require repairs.
Best Jeep Cherokee Model for High Mileage
Here are some of the best models to consider:
- Jeep Cherokee XJ (1984-2001): The classic model is durable, reliable, easy to maintain, and has aftermarket parts available. Its simple design makes it a good option for high-mileage driving.
- Jeep Cherokee SJ (1974-1983): The older model is respected for its off-road capabilities and durability. It’s easy to maintain with fewer electronics and computer systems to worry about.
- Jeep Cherokee KJ (2002-2007): This reliable and rugged model handles high mileage and has a 2.5L or 2.8L diesel engine. Also has excellent fuel economy and torque for off-road adventures.
Buying a Jeep Cherokee with over 100k miles can be smart or risky, depending on various factors. Before making a decision, it’s essential to review the vehicle’s maintenance history. Consider your intended use, and weigh the potential cost savings against potential risks and expenses, too.
Also, have the vehicle inspected by a mechanic who can identify any potential issues and help you make an informed decision. With careful consideration, a high-mileage Jeep Cherokee can be a reliable and affordable option for outdoor enthusiasts and budget-conscious buyers.