A recent article in The Epoch Times reported that a 2000 Jeep Cherokee was sold last week to John Reznikoff for $26,437.50. What makes the 2000 Jeep Cherokee so special? The Jeep was owned by President Obama. Would you have bought the Jeep if it was offered to you?
Read the full article below.
The Kelley Blue Book value for a 2000 Jeep Cherokee is around $3,500 but if it used to be owned by President Barack Obama, that makes the sale a whole new ball game.
The Kelley Blue Book value for a 2000 Jeep Cherokee is around $3,500 but if it used to be owned by President Barack Obama, that makes the sale a whole new ball game.
A black 2000 Jeep Cherokee manufactured is not worth even $5,000 in the Kelley Blue Book.
However, Obama's black Jeep Cherokee sold for $26,437.50 to buyer John Reznikoff who could have got a newer model with lower mileage for around four grand.
The attraction of the Jeep belonging to Obama helped Reznikoff overlook the fact that it had 130,000 miles on it. And for approximately $30,000, a buyer could acquire a brand new Jeep Cherokee but without the nostalgia of being it driven by the first African American president.
The Kelley Blue Book started out as a small list in the 1920’s when the Founder Les Kelley started to measure vehicle prices for local dealerships in Los Angeles. The first Kelley Blue Book has experienced a major shift in prices, considering that a new 1926 sedan limo was running for only $3,825.00.
