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Here's the Kelley Blue Book Trade-in value for my one month old, 244 miles, $58,300 new 2022 Pacifica Touring L AWD with all the options included above (taken today). It's depreciation is even worse than my $95,000 1996 (Full Size) Hummer Wagon (Loaded) was! And below here's what it values a 2022 Pacifica Pinnacle Hybrid with same 244 total miles. Shocking depreciation to say the least & depressing. View attachment 52301
First off....you didn't buy a $58,300 Pacifica.....it was $51,800 (like you said).
Accessories/aftermarket parts don't add real value....so I wouldn't include that into your price, despite that you (REALLY over) paid for them.

Second, and the bigger underlying reason, is that you (over) paid for a loaded lower trim level. So, despite it being "loaded", it's still a Touring L in the end to KBB or a dealer -- options or not. Not much added value, unless to the right person, with those extra options.
Had you stepped up to a Limited, for a little more money, you'd be seeing less of a drop IMO...in comparison.

The market is still up though, but I do agree that these do depreciate quite a bit though versus the rivals.
It is what it is
 

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Chrysler Pacifica Fathom Blue
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Discussion Starter · #22 · (Edited)
Over paid? Your saying Chrysler Dealer Parts & Service & Mopar national eStore overcharged me? Since I have to use only Mopar parts & accessories & Chrysler service for my new Pacifica or else void my 8 year Maximum Care Warranty you make no sense whatsoever with that comment accept with the Limited trim that is, I agree with that. But overpaid, no that's what they're selling for building them online or buying from dealership especially when the new Pacifica inventory within 100 miles of my location has been next to 0! Look at that 2022 Pinnacle Hybrid value w/ 244 miles? That Pinnacle would cost $60,000 and after 1 month & 244 miles worth $45,000 or less Trade-in that's extremely high depreciation in my opinion.
Also the days of getting great deals on new Pacifica's are over (at least until inventory improves). Dealers in my area (100 miles) have little to no inventory of new Pacifica's late last year when I bought mine so trying to get a "good deal" on one wasn't possible. I paid exactly what every other person (other than Chrysler employee or relative of salesman) would pay for a 2022 Pacifica Touring L AWD with the same options as mine has. That's another reason I disagree w/ your statement of over paying for the new Pacifica it was the same price quoted building it thru Chrysler eShop online w/ all the options $51,800 accept for a $200 dealership delivery charge added. To be clear though I'm in agreement with buying the higher trim Limited that would have cost me over $57,900 w/ same options & Trailer-Tow Group. Kelley Blue book values 2022 Limited AWD (Loaded) at $42,000 Trade-in after 1 month ownership w/ 244 miles. But you're right I should have bought the Limited at least then I'd have the nicer Harman Kardon 19 speaker sound, Premium Center Console & nicer interior w/ power rear seats, which I wish I had now. And also agree with your it is what it is, I knew about higher price & high depreciation on new Pacifica's vs competition before ever buying mine & I'd do it again (except I'd buy Limited AWD, lol).
Using only the Chrysler 2022 Pacifica build optional equipment pricing Added to my Pacifica Touring L AWD $51,800 invoice such as the Trailer-Tow Group $995, Interior Protection $695, Splash Guards $175 & the upgraded 20" Pinnacle Wheels $495 (actual cost $586.80 each versus all other OEM 20" Pacifica Wheels including the 20" Foreshadow Painted Alum Wheels costing $391.20 each or less) should definitely be included in my Pacifica's cost & does add value (maybe not equal value to actual cost paid but value nonetheless). That puts my upgraded Touring L AWD cost at $54,160 using only the actual 2022 Pacifica optional equipment build prices.
I agree that After purchase Add on Accessories like the Front Air Deflector ($175), Rear Seat Protectors (7 Passenger Stow) ($498), Bright Body Side Moldings ($350) add no additional value to my Pacifica & should be excluded in what it cost me when accessing Kelley Blue Book values.
$54,160 is a SUPER expensive 2022 Pacifica Touring L AWD as you mentioned "OVER Paid", but w/ these Optional Upgrades & Accessories that's what new 2022-2023 Chrysler Pacifica Touring L AWD (Fully Loaded-Classic Style (non "S") cost with all the Optional Equipment & Accessories my Touring L AWD has. I guess you could say anyone buying a new Pacifica now a days is over paying no matter which trim level or model they buy if they pay anywhere close to MSRP-Invoice (which currently is almost everyone). Current lack of new Pacifica Inventory Post COVID means most people buying new Pacifica's can't get anywhere close to that $10,000 below Window Sticker Bargain price of the "Good Old Days". New Pacifica higher depreciations compared to competitors excludes Special Edition Pacifica Models where only a limited number were manufactured such as the elusive new 2023 Pacifica Touring L (AWD or Hybrid) "Road Tripper" or the Special Edition Hybrid mentioned in previous post).
 

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@snobrdrdan is right, you cannot include the add-ons in the depreciation calculation. But, if you did buy the max care warranty and add-ons from the dealer you likely overpaid by a lot. There are dealers you can purchase through separately and save a ton. I just purchased my max care through Tom Winkels ([email protected]) after cancelling the original one I purchased. Tom saved me more than 50% of the original plan purchased from the dealer. Max care is fully refundable if cancelled within 60 days from purchase, so you can likely cancel from your original dealer and it won't cost you a cent.

To put it in perspective, I paid less (including the Max Care warranty) for my 2022 Touring L Hybrid with S Package and U Connect Family Theater (so "fully loaded" Touring L Hybrid) than you did. (Also not factoring in the federal tax credit). $6500 in add-ons is a lot of money, more than 10% of your vehicle purchase.

You signed your deal on the car, so be happy with it and enjoy it, but you can likely unwind the add-ons (if they are the warranty and service coverages) and get them from cheaper.

Lots of good info on this forum!
 

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Discussion Starter · #24 · (Edited)
Only reason I'm including some of the Add ons to my original $51,800 invoice price is because they're included in Chrysler eShop new Pacifica Optional Equipment/Accessory Build pricing, like $495 for the 20" Wheels, $695 for the Interior Protection, $175 for Splash Guard set, $995 for Trailer-Tow Group, which can be added (except Splash Guards) to Kelley Blue Book value using the select optional equipment instead of standard equipment for values. Whether that actually changes Blue Book value is another guess though?
I didn't include the Chrysler New Maximum Care Extended Warranty 8/60 $0 Deductible I have because I got that free of charge from dealer w/ purchase (Supposedly $3000 value according to salesman?) b/c I traded in my mint condition 2005 Ford F-150 Supercrew 4WD w/ 59,000 miles (Literally Showroom condition inside & out) & they only gave me $7,000 for it (which they wound up selling for over $16,000 2 days later & biggest mistake not selling it privately on my part for sure) & I complained about not getting a fair trade in value. So yes, all things considered I got taken to the cleaners unfortunately but only on the $7,000 plus free 8/60 $0 Deductible Max Care for my trade-in. I also did get the Chrysler eShop $1000 off invoice rebate too. As you say what's done is done & I do love my new Pacifica with all my after purchase, expensive add ons (except for the Touring L's half center console that is).
The reason I created this thread was not so much to complain since I knew about the Pacifica's higher pricing & higher depreciation (mentioned in all new car reviews under cons like Car and Driver, Edmonds, Consumer reports, Motor Trend, etc.) versus competitors but b/c I couldn't find any posts addressing this one topic under Pacifica vs Competition.
Honda Odyssey has similar depreciation to Pacifica's but Toyota Sienna maintains full value all things equal & I'd still take the Pacifica over either competitor everytime.
 

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Discussion Starter · #25 · (Edited)
Just to clarify the $51,800 invoice many commenting here claim I "OverPaid" for my 2022 Pacifica Touring L AWD is not a base model Touring L. see Link below for Window Sticker.
Product Rectangle Azure Font Screenshot
Adding $2,360.00 to the original invoice using the 2022 Chrysler Pacifica AWD Optional Equipment/Accessories eShop new Build Pricing of $495 for 20" Wheels, $175 for Splash Guard set, $995 for Trailer-Tow Group, $695 for Interior Protection brings my Pacifica's actual price to $54,160. Just because my 2022 Touring L AWD has the more Traditional-Classic Pacifica styling doesn't make it's Optional Equipment & Accessories less valuable simply b/c it doesn't have the $1695 "S" Appearance Package or because it's an AWD Gas and not a "Hybrid"! Please don't misunderstand me, I think Pacifica's w/ the "S" Appearance Package are really nice & sporty looking and I also can see the tremendous value & energy cost savings that must come with buying a new Pacifica Hybrid. I needed a Pacifica w/ AWD/Stow & Go that is capable of towing my 1993 Harley Davidson FLSTF "Fat Boy" & other light weight towing so that excluded buying a Pacifica Hybrid for me. I also prefer Pacifica's with the more Traditional or "Classic Style" which meant no "S" Appearance Package.
Saying not to include those add ons above to my invoice for the actual purchase price for a new 2022 Pacifica Touring L AWD with exact options mine has is like saying that my original options: Uconnect 5 Nav, Dual-Pane Panoramic Sunroof, Uconnect Theater Family Group, AWD, Fathom Blue Pearl-Coat Paint, Engine Block Heater, etc. shouldn't be considered in MSRP or Invoice Price either? I'm unaware of anyone buying a new 2022 Chrysler Pacifica Touring L AWD with same exact options included in mine that's been able to buy it brand new for below MSRP (excluding dealer discounts) anywhere within 150 miles of me last December 2022? If anyone has more power to you. No dealership within my 100 mile search was willing to sell any Pacifica below invoice price and most dealerships had 0 inventory or Pacifica's without all the options I wanted. Could I have gotten a Touring L cheaper yes. But it wouldn't of had all the optional equipment included with mine.
Product Rectangle Azure Font Screenshot
 

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Discussion Starter · #26 ·
2022 Honda Odyssey Touring (Loaded) $51,820 Invoice w/ 244 miles
Kelley Blue Book Trade-In Value below
Automotive parking light Product Wheel Font Screenshot
 

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Chrysler Pacifica Fathom Blue
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Discussion Starter · #27 ·
2022 Toyota Sienna XSE AWD (Loaded) $50,456 invoice w/ 244 miles
Kelley Blue Book Trade-in value below
Photograph Tire Product Wheel Font
 

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Discussion Starter · #28 ·
2022 Kia Carnival MVP XS Prestige (Loaded) $51,725 invoice w/ 244 miles
Kelley Blue Book Trade-In Value
Automotive parking light Product Vehicle Font Screenshot
 

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I don't buy a brand new vehicle believing it's a good investment (no one should). They all lose $5-$10,000 in value as soon as you drive off a new car dealers lot. My one gripe with buying a new Chrysler Pacifica is the astronomical depreciation it has versus the competition. Don't get me wrong I love my new 2022 Pacifica & would buy it again. But it really is a wake up call to realize that in only one month after purchase (with only 244 total miles) it's value has dropped $20,000 from its selling price! That's by far the highest depreciation of any new vehicle I've ever purchased in 46 years and a real eye opener for sure. Luckily for me I keep my new vehicles for over 10 years on average but if I had one complaint about the Chrysler Pacifica it has the highest depreciation rate by far of all the minivan competition.
I disagree to an extent, my '18 Touring L was $43 new and now 4-5 years old and 61k miles later still worth about $23.. Yes brand spanking new loses 30-40% in first 2-3 years so moral of the story is buy 2 or 3 years old save almost half.. If buying new doesn't prevent you from buying eggs then by all means..👍
 

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Discussion Starter · #30 ·
I disagree to an extent, my '18 Touring L was $43 new and now 4-5 years old and 61k miles later still worth about $23.. Yes brand spanking new loses 30-40% in first 2-3 years so moral of the story is buy 2 or 3 years old save almost half.. If buying new doesn't prevent you from buying eggs then by all means..👍
I trust little about Kelley Blue Book when it comes to new/used car values it was telling me the same depreciation using VIN numbers w/ 0 miles on brand new Pacifica's still on dealers lots. Here's the only ride I own that's worth more now than what I paid for it 30 years ago in 1993. My 93' Harley Davidison FLSTF "FatBoy" below.
Tire Wheel Automotive parking light Land vehicle Vehicle
 

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Your valuations on other brands show you can't rely on KBB during market volatility. Furthermore, you can't know what will happen tomorrow. If the Pacifica plant will have a couple of prolonged production stops, you'll be able to sell your Pac at MSRP.
I have to use only Mopar parts & accessories & Chrysler service for my new Pacifica or else void my 8 year Maximum Care Warranty
What? You plug a phone charger and it will void the warranty?
Here's the only ride I own that's worth more now than what I paid for it 30 years ago in 1993
When a bike is older than 10 years its age and mileage barely affect its price. Only factors that matter are condition and desirability.
 

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I trust little about Kelley Blue Book when it comes to new/used car values it was telling me the same depreciation using VIN numbers w/ 0 miles on brand new Pacifica's still on dealers lots. Here's the only ride I own that's worth more now than what I paid for it 30 years ago in 1993. My 93' Harley Davidison FLSTF "FatBoy" below. View attachment 52312
Awesome Bike. Kelley Blue Book is often pretty low and just book value. Nowadays A lot of people go by market value comparables to what something sells for that day as compared to others
 

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Discussion Starter · #33 ·
Your valuations on other brands show you can't rely on KBB during market volatility. Furthermore, you can't know what will happen tomorrow. If the Pacifica plant will have a couple of prolonged production stops, you'll be able to sell your Pac at MSRP.(y)

What? You plug a phone charger and it will void the warranty?:ROFLMAO:

When a bike is older than 10 years its age and mileage barely affect its price. Only factors that matter are condition and desirability.
Agreed on other minivans higher valuations too. Kelley Blue Book is so negative on Chrysler Pacifica that running the VIN on a brand new $60,000 Pinnacle AWD on dealers lot is valued below $45,000 before it's ever sold (utter nonsense).
Lol on the phone charger voiding the warranty, point taken! What I meant by the warranty was that I'm afraid to use any non Mopar Pacifica parts, accessories or services on my 2022 Pacifica for fear of voiding my New Maximum Care Warranty 8/60 $0 deductible? I only use Chrysler Jeep Dodge dealers service for maintenance, accessory installs & repairs. Admittedly I'm taking the whole fear of voiding the Warranty to the extreme, but feel safer that way.
I've owned & been riding motorcycles since 1975 when I bought my first Honda CB 360 at 16. To this day I love bikes & riding. Guess once you get bit by that riding bug it stays w/ you for life!:cool:
 

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Discussion Starter · #34 ·
Awesome Bike. Kelley Blue Book is often pretty low and just book value. Nowadays A lot of people go by market value comparables to what something sells for that day as compared to others
Thanks BriPac. I love my Harley for sure, it's my one obsession, lol. Agreed on your Kelley Blue Book valuations, I no longer trust using KBB.
 

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Yeah, my son bought a Tesla Model Y in December after they announced the $3,750 price cut, but before the $7,500 discount. The even larger discount announced a week or so ago does not apply because the options he ordered put his vehicle beyond the allowable range. At least he got something, but I really don't think he cared about it like I would.
Funny I just put a Y order in, but having 2nd thoughts about paying 50K even with the $7,500 for 3 rows.

Used Pacifica are going for close to 4K tax credit. Not sure if I want a buyback though ??
 

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Ouch don't buy new if you can help it. After taxes and bullshi* fees that could be $54k and after 2 years worth $35k if your lucky. Massive depreciation the first 2 years.. Look for '19-'21 Autotrader, cars.com, Craigslist, kellybluebook.com has used cars, usedcars.com etc......
 

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I don't buy a brand new vehicle believing it's a good investment (no one should). They all lose $5-$10,000 in value as soon as you drive off a new car dealers lot. My one gripe with buying a new Chrysler Pacifica is the astronomical depreciation it has versus the competition. Don't get me wrong I love my new 2022 Pacifica & would buy it again. But it really is a wake up call to realize that in only one month after purchase (with only 244 total miles) it's value has dropped $20,000 from its selling price! That's by far the highest depreciation of any new vehicle I've ever purchased in 46 years and a real eye opener for sure. Luckily for me I keep my new vehicles for over 10 years on average but if I had one complaint about the Chrysler Pacifica it has the highest depreciation rate by far of all the minivan competition.
Here is my personal experience with depreciation on the Chrysler Pacifica.

For those who believe that it’s not a good idea to lease a vehicle, I have had a very lucrative experience whereby I leased 4 new vehicles since March, 2022, moved up the MSRP ladder each time, lowered my monthly lease payments each time, all with not a penny out of pocket. All extra costs and fees were rolled up into the lease.

On March 19th, 2022, I traded in my 2021 Chrysler Pacifica Hybrid Limited (MSRP $52,225) with 5,176 miles on it (monthly lease payment of $449) on a 2022 Chrysler Pacifica non-hybrid FWD Limited (MSRP $52,767), 24 month/10K yr lease, with a monthly lease payment of $289.

On July 8th, 2022, I traded in my 2022 Chrysler Pacifica non-Hybrid FWD Limited with 1,520 miles on it on a 2022 Chrysler Pacifica non-hybrid AWD Limited (MSRP $55,757), 24 month/10K yr lease, with a monthly lease payment of $256.

On December 10th, 2022, I traded in my 2022 Chrysler Pacifica non-hybrid AWD Limited with 2,443 miles on it on a 2022 Jeep Grand Cherokee 4Xe (MSRP $63,955), 27 month/10K yr lease with a monthly lease payment of $225.

On January 20th, 2023, I traded in my 2022 Jeep Grand Cherokee 4Xe with 635 miles on it on a 2022 Jeep Grand Cherokee 4Xe (MSRP $65,950), 27 month/10K yr lease, with a monthly lease payment of $167. The difference between the two Jeeps is that the latter one has 20” wheels versus 18” wheels on the one I traded in. My discounts included a $2,330 discount from the dealer, $7,500 Bonus Cash from Stellantis (Federal Tax Credit passed down as bonus cash), $2,000 US Bonus Cash from Stellantis, $1,000 Owner Appreciation Month Loyalty Bonus Cash from Stellantis, and $2,000 in additional Bonus Cash. I also got $53,000 on my trade and after paying off the lease, I had a net equity of $9,918. The total discount off of the price of my new Jeep amounted to $24,748. There is no other vehicle out there that I could get that would even come close to that figure. My equivalent interest rate on the lease is 3.72%.
In addition, since the July deal had so much excess equity (received $51,500 trade-in), the dealer had to mail me a check to cover the excess equity. That check was used to pay for my entire monthly lease payments since March, 2022 with enough left over to cover the next 2 monthly payments on my new Jeep.

I “gamed” the system legally.
 

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Depreciation stats from magazine articles or websites all use MSRP as the baseline. Before the supply issues of the past two years, All the Chrysler/Stellantis products were well known for always having manufacture discounts/incentives so they typically always sold well below MSRP. Compared to manufacturer's like Toyota who rarely ever had incentives. So the actual historic depreciation of Chryslers is not as bad as those reports make it look.

In my case, I was able to buy my '21 PacHy before the shortages for ~10k under sticker (even before the Fed rebate). I cross-shopped a '21 Toyota Sienna and they were selling for sticker even at that time.
 

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Discussion Starter · #40 · (Edited)
Depreciation stats from magazine articles or websites all use MSRP as the baseline. Before the supply issues of the past two years, All the Chrysler/Stellantis products were well known for always having manufacture discounts/incentives so they typically always sold well below MSRP. Compared to manufacturer's like Toyota who rarely ever had incentives. So the actual historic depreciation of Chryslers is not as bad as those reports make it look.

In my case, I was able to buy my '21 PacHy before the shortages for ~10k under sticker (even before the Fed rebate). I cross-shopped a '21 Toyota Sienna and they were selling for sticker even at that time.
You chose the perfect time to buy a new 2021 PacHy for sure, great job! Now w/ the new Pacifica shortages since late 2022, there's little to no chance of getting that same deal or any deal below MSRP (except Chrysler/Dealer rebates).
Every dealership I dealt w/ in late 2022 was so hard up for Pacifica inventory that it took me over a month and several phones calls to each just to get my eShop $500 - $1000 deposits back (on the four different deposits I put on 4 different Pacifica's listed as In-Transit) from those dealerships I didn't purchase Pacifica's from. One local dealer took my $500 deposit on a 2022 Pacifica Limited AWD, sold it out from under me the next day and took a month & half with at least 6 calls from me to Dealership Manager & Chrysler Corporate Customer Service to credit back my $500 deposit!
The only explanation for the new Pacifica inventory shortages I was given was "Welcome to the Post-COVID new car buying world", lol. I also found out that most new Pacifica's arriving from Canada to US via Rail sit at train depot parking lots for up to 3 weeks (in some cases) before getting shipped to their final dealer destinations.
 
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