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2007 Jeep Liberty
Invoice: $20,236 - $24,938
Miles Per Gallon
City: 17 MPG - 18 MPG
Highway: 22 MPG - 23 MPG
Body Style: N/A
Engines: 3.7L V-6 210 HP
The Jeep Liberty offers a good compromise between road-worthiness and off-highway capability for a compact SUV.
The Liberty can seat up to 5 passengers. It comes available in two trim levels: Sport and Limited Edition. Each is offered with two-wheel drive or four-wheel drive. The standard engine in all Liberty models is a 3.7-liter V6. A six-speed manual transmission is standard in Sport. A four-speed automatic is optional on the Sport and standard on Limited. Standard on all models is an Electronic Stability Program, Anti-lock brakes, all-speed traction control, a four-wheel Brake Traction Control System, Electronic Roll Mitigation, and Brake Assist.
For 2007, The Jeep Liberty drops its Renegade trim and diesel engine. It gains electronic stability control and a tire pressure monitoring system.
Purchasing an older vehicle, such as the 2007 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 2007 Jeep Liberty for less money than when it was new. If the 2007 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 2007 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 2007 Jeep Liberty will have a very good resale value. This assumes that the 2007 Jeep Liberty is in good condition and has a reasonable number of miles.
Find a used 2007 Jeep Liberty for sale at CarsDirect.
