Unsold Jeep Compass: A Price Guide For 2024
The Jeep Compass, known for its blend of off-road capability and everyday practicality, has become a popular choice for those seeking a compact SUV. However, like many vehicles, some Jeep Compass models remain unsold at dealerships. For savvy buyers, these unsold models offer a great opportunity to get a reliable, feature-packed SUV at a discounted price. Potential buyers could expect prices to range from $19,000, Learn How to Take Advantage!
Why Are There Unsold Jeep Compass Models?
There are several reasons why Jeep Compass models may go unsold:
- Overstock: Dealerships sometimes overestimate demand and order more vehicles than they can sell, leading to unsold inventory.
- Newer Model Releases: As newer versions are introduced, older models may remain unsold as buyers prefer the latest features and updates.
- Color and Trim Preferences: Some colors or trims may not be as popular, resulting in specific models sitting on the lot longer.
- Economic Conditions: Fluctuating consumer buying power or external economic factors can lead to fewer vehicle purchases, leaving dealerships with excess stock.
Factors Affecting the Price of Unsold Jeep Compass Models
Several factors influence the price of unsold Jeep Compass models:
- Model Year: Newer models will typically be more expensive than older ones. However, with dealer incentives, even newer models may come at a reduced price.
- Trim Level: The Jeep Compass comes in various trims, from the base Sport to the fully loaded Trailhawk and Limited. Higher trims with premium features tend to cost more.
- Mileage: Although unsold, some vehicles may have been used for test drives, which can slightly reduce the price if they have accrued some mileage.
- Dealer Incentives: Unsold models often come with rebates, financing offers, or loyalty bonuses, making them more affordable.
- Location: Prices can vary depending on regional demand, with some dealerships offering steeper discounts than others.
Pricing Guide for Unsold Jeep Compass Models by Year
2024 Jeep Compass
The 2024 Jeep Compass offers the latest design updates, advanced technology, and improved off-road capabilities. Although it’s a new release, unsold 2024 models may start appearing at dealerships later in the year as they push to clear inventory for new shipments.
Price Range: $30,000–$38,000, depending on trim and options.
Discount Potential: Discounts are typically between 5% and 10%, bringing the price down to $27,000–$35,000.
Popular Trims: Sport, Latitude, Limited, Trailhawk.
2023 Jeep Compass
The 2023 Jeep Compass brought notable improvements, especially in tech and comfort, making it a great option for those looking for a recent model. However, as the 2024 models are introduced, dealerships may offer discounts to move unsold 2023 inventory.
Price Range: $28,000–$36,000.
Discount Potential: Discounts range from 8% to 12%, reducing prices to $25,000–$32,000.
Popular Trims: Latitude, Altitude, Limited, Trailhawk.
Mileage: Typically under 10,000 miles, often near zero as these are mostly new vehicles.
2022 Jeep Compass
The 2022 Compass is still a modern, stylish SUV with strong off-road capability and tech features. Unsold 2022 models can offer great value as they are now a year older, leading to bigger discounts.
Price Range: $26,000–$34,000.
Discount Potential: Expect 10% to 15% off, bringing prices down to $23,000–$30,000.
Popular Trims: Latitude, Limited, Trailhawk.
Mileage: Typically under 20,000 miles.
2021 Jeep Compass
The 2021 Compass offers a good balance of comfort, tech, and off-road capabilities. While it doesn’t have the most recent upgrades, it remains a solid choice for buyers looking for a dependable compact SUV.
Price Range: $24,000–$32,000.
Discount Potential: Save 12% to 18%, bringing prices down to $21,000–$28,000.
Popular Trims: Sport, Latitude, Limited, Trailhawk.
Mileage: Typically between 10,000 and 30,000 miles.
2020 Jeep Compass
The 2020 Jeep Compass is a more budget-friendly option, especially as unsold stock from this year may still be available at some dealerships. These models offer excellent value for buyers who prioritize affordability over the latest features.
Price Range: $22,000–$30,000.
Discount Potential: Expect discounts of 15% to 20%, reducing prices to $19,000–$25,000.
Popular Trims: Sport, Latitude, Limited.
Mileage: Typically under 40,000 miles.
Price by Trim Level
1. Sport (Base Model)
The Sport trim is the entry-level version, offering basic features at the lowest price point.
New Price Range: $25,000–$28,000.
Unsold Price: $22,000–$26,000.
2. Latitude
The Latitude trim adds a few more comfort and tech features, making it a popular choice for those looking for a balance of value and features.
New Price Range: $28,000–$32,000.
Unsold Price: $24,000–$29,000.
3. Limited
The Limited trim offers more luxury, with features like leather seats, advanced infotainment, and driver assistance technology.
New Price Range: $32,000–$36,000.
Unsold Price: $28,000–$33,000.
4. Trailhawk (Off-Road Model)
The Trailhawk trim is the most off-road-capable version of the Compass, featuring a raised suspension, skid plates, and all-terrain tires.
New Price Range: $34,000–$38,000.
Unsold Price: $30,000–$35,000.
Tips for Buying an Unsold Jeep Compass
- Check for Dealer Incentives: Unsold inventory often comes with dealer incentives like cash rebates, financing deals, or trade-in bonuses. These incentives can significantly reduce the overall cost.
- Be Flexible with Features and Colors: If you're open to different colors or trim levels, you may be able to find a better deal on less popular configurations.
- Negotiate: Even with a discount, there’s often room for further negotiation. Research average prices and be prepared to ask for additional savings.
- Inspect for Test Drive Wear: Some unsold models may have been used for test drives, so it’s essential to inspect for minor wear and tear.
- Timing: End-of-year or holiday sales are often the best times to buy unsold vehicles, as dealerships are more likely to offer deeper discounts to clear their stock.
