The Jeep Wagoneer S Limited 4xe sold on Bring a Trailer for $38,500 after covering only 91 miles, a staggering discount from its original sticker price.
This sale serves as a reminder that EV depreciation can be brutal, with the vehicle's value plummeting by nearly half in such a short period.
The Wagoneer S packs dual motors, all-wheel drive, and a factory-rated output of 500 hp, making it an attractive option for those seeking a premium electric SUV.
However, the vehicle's struggles in the market are evident, with sales falling to just 613 units in the two quarters after the federal EV tax credit ended.
Jeep's response has been telling, with the brand skipping the 2026 Wagoneer S and instead focusing on upgrades for the 2027 model.
The pause will allow Stellantis to improve battery performance, software, capability, and interior quality, as well as gain a NACS charging port for easier access to Tesla's Supercharger network.
Despite the challenges facing the Wagoneer S, the sale of this nearly new vehicle at a significantly reduced price offers a rare opportunity for buyers to snag a bargain.
The Jeep Wagoneer S is an example of how the electric vehicle market can be unpredictable, with factors such as tax credits and consumer demand influencing sales figures.
As the EV market continues to evolve, it's essential for buyers to carefully consider the implications of purchasing a vehicle with uncertain resale value.
The sale highlights the challenges of buying an electric vehicle with uncertain resale value and a model facing potential reboot.
