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2004 Jeep Liberty
Invoice: $17,306 - $23,204
Miles Per Gallon
City: 16 MPG - 20 MPG
Highway: 21 MPG - 24 MPG
Body Style: N/A
Engines: 2.4L I-4 150 HP, 3.7L V-6 210 HP
The Jeep Liberty offers a great balance for someone who enjoys the outdoors. Day in and day out, it takes the place of a car or wagon: The Liberty seats four comfortably and can carry up to five people and their gear. Fold the rear seats and it can move two people and some serious cargo. Turn off the pavement and it can go just about anywhere. True to Jeep heritage, the Liberty offers serious offroad capability. In this respect, it stands apart from the herd of compact sportutility vehicles, few of which offer true offroad capability. The Liberty gives up some refinement and road agility to do this. On the road, it does not ride or handle as well as some of the other small SUVs. But the Liberty is among the best of the small sportutilities for drivers who need serious offroad capability on the weekend yet need refinement, practicality and affordability during the week. Just two years old, the Liberty debuted as a 2002 model. It was significantly improved for 2003 with improved onroad stability. The 2004 model offers further, substantial upgrades in safety equipment, and in comfort and convenience options. For example, Chrysler's Enhanced Accident Response System (EARS), which unlocks doors and turns on interior lights five seconds after an airbag deploys, is standard for 2004. New options include a tirepressure monitor; and UConnect, a clever bit of hardware and software which integrates your cell phone into the Liberty's stereo system.
Purchasing an older vehicle, such as the 2004 Jeep Liberty, makes good financial sense. You're able to avoid the steep depreciation rates that occur with brand new vehicles. This essentially gives you the advantage of getting a 2004 Jeep Liberty for less money than when it was new. If the 2004 Jeep Liberty was properly maintained, you also have a good chance of steering clear of problems that would have developed when the car was new.
The amount you pay for an older car depends on various factors. One important element is where you buy the vehicle. You're likely to get a better deal if you buy it from a private party, as opposed to a dealer. On the other hand, a reputable dealer will normally have some kind of limited warranty, so you can drive away knowing that if the car breaks down right away, you'll be covered. Another factor that may affect price on a 2004 Jeep Liberty is whether it's "certified" by the manufacturer. A certified vehicle will cost more because warranty service is provided that normally doesn't come with a used car.
Another dynamic that will play into the purchase price is the resale value. A used vehicle with a high resale value will obviously cost you more. It is expected that the 2004 Jeep Liberty will have a very good resale value. This assumes that the 2004 Jeep Liberty is in good condition and has a reasonable number of miles.
Find a used 2004 Jeep Liberty for sale at CarsDirect.
