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2013 and Earlier - Jeep Cherokee (All) Prices Paid and Buying Experience

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Comments

  • Got to be the worst experience in a dealership.

    I have been on final stages on decision between the SRT-8 and the Infiniti FX45. At first step to the dealership, I was greeted promptly by someone, who asks how I can be helped. Once I informed him that I was interested in the SRT-8, he promptly referred me to another colleague. This person asks me what I desire, I say SRT-8, and he also refers me to another colleague. This young man proceeds to lead me to the other side of the dealership, and as I mention that I want to see the inside of the vehicle, he stops, turns and hollers, "He just wants to see the inside," and proceeds to keep walking away. I stop, wait for him to return. I look at the other vehicles in the showroom. He returns, and his first words upon return was, "Look, how much are you willing to spend, cause this car is like $45,000." To which I respond, "And?"

    He leaves again.

    He returns to lead me to the vehicle, which was apparently on the other side of the dealership, parked outside. We get to the vehicle and I say, I want to see the inside of the car, he says he doesn't have the key. But if I really want to see it, I will have to wait since its the owner's car. At that point, I said just give me a brochure, and I'm out. On my way to his desk, another sales person asks me why I want to buy that car? That I would be better off buying the Compass, and then proceeds to show me that this is a better fit for me and my wife.

    I said thank you, but I dont think I will be purchasing from this dealership.

    Wrote a letter to the dealership manager stating my experience. I was appalled at the attitude, the rude way I was treated, and the air of judgment that I felt from the sales people. There was a reluctance to help me, and the help that I received was forced and uncomfortable. I stated that I will not consider their dealership for any future purchases, and that my situation has soured me enough to inform others of my experience.

    I received 2 calls, a Monday and a Wednesday from the manager to my home number. A number that I did not leave. Upon my return to the area Wednesday eve, I returned their calls, and they have never returned my call.
  • I have to wean my wife off her Infinity FX45 - which by the way is one of the best cars we have had - except the AWD is crap in snow and ice. Anyway on the the JGC Limited 4.7L, decided not to go Hemi with MDS and Quadra Drive on cost, MPG and problem reports basis.

    Here is where I stand on a lease:

    MSRP $38,210 basic unit inc sirius radio.
    Dealer offer $36,417 with "free" dealer installed U connect.
    Current Jeep incentive 3,500
    Residual $19,105

    For a 39 month lease with $2800 down including first payment its $469 per month in NJ.

    I have yet to get the requested a full breakdown of costs, but its a lot better than the first position of at least one other local dealer.

    My issues are:

    1. Is this a good deal?

    2. Whether to pull the trigger on Jeep deal now (1/02/07) or roll the dice on incentives and a Factory fitted U connect turning up to my spec by end of Feb.

    At risk to me is $1200 in "wasted" payments or +/- on Jeep incentives, my tendency is to wait for Presidents day ....

    Car_man,Kyfdx,All.

    Opinions please.
  • dnjdnj Posts: 2
    Thanks to everyone who posts their experiences..

    2007 Jeep Grand Cherokee Limited purchased 12/15/06 in Central New York

    4.7 V8
    Trailer Tow Group IV
    QuadraDrive II
    Sirius
    UConnect
    P245/65R17 OWL Tires
    ParkSense

    MSRP: $39,855

    Negotiated Price: $36,538 - $4,500 = 32,038

    Taxes and Tags extra of course (painfully extra)

    (note: the $4,500 comes from $3500 rebate and an extra $1,000 sent as a "private offer" from jeep. I'm guessing the "private" offer goes to anyone on their mailing list...)
  • Just signed up for the following:

    Grand Cherokee Limited - Trailer Tow IV Group, Navigation Group, Quadra Drive, Hemi, Sirius Radio MSRP $41,850

    Dealer discount of $3650, Jeep rebate of $3,500.

    Net $34,700

    Traded a 2004 Mountaineer Premier with 53,000 miles, worn tires, few dents / scratches - gave me true Kelly Blue Book trade in value of $13,000.

    $21,700 difference plus PA 6% tax, $115 plate / title transfer fee.

    The Lincoln Mercury dealer, where we purchased the 2004 Mountaineer at, had a 2007 Mountaineer Premier, MSRP of $35,869 with V6, Navigation and Sirius radio. Deal was $22,800 difference for a vehicle almost $6,000 less MSRP in comparison to the Grand Cherokee. Rebate of $1,000, $1,200 dealer discount and $12,000 trade in value. Passed on the deal and ran out!
  • Thats a great deal on the purchase, basically $100 over invoice.

    I suspect they thought they could turn your Mountaineer quickly for profit, they have to make their numbers somewhere.

    Does PA charge you tax on the Jeep rebate? :sick:
  • According to the contract, tax (6%) was on the difference between the adjusted price and slightly inflated trade in value of my Mountaineer

    MSRP - $41,850
    Net - $35,499 (with discounts and rebate)
    Trade $13,800 (Kelly Blue Book $13,325 but there are some
    scratches in the body so the first
    valuation was $13,000)
    $ Diff $21,699

    Tax on $21,699 = $1,301.94
  • So it seems you were not charged PA tax on the "value" of the rebate. I wonder if this is a real NJ tax or a dealer come on?

    Any other NJ buyers or leasers have experience of this?
  • I researched this item and its a "legal" tax in NJ.
    http://www.state.nj.us/treasury/taxation/pdf/njcar.pdf

    Welcome to NJ ...... :cry:
  • Maybe the dealer can put the rebate and discount into the value of your used car, inflating it.....
  • I doubt dealers would /could play that game, anyway I have a current lease - so no trade.
  • Does anyone know how much you get off in relation to invoice for employee purchase?

    Also how much the military discount is?

    Also whats this I hear about 1000 cupuons that were sent out recently to current chrysler/dodge/jeep lessess? anyone have an extra?!?! :)

    Thanks!
  • I have purchased several new Grand Cherokee's for family members in MD. over last several years, most recently an 04 GC, because of durability and vehicle features. I have paid several hundred dollars below the invoice cost on each by going into dealer hold-back money which is about 3% of MSRP. 3% hold-back of 30 K MSRP is 900 dollars, this you can try to play with, especially if dealer needs to move units. Better in your pocket then his I say.

    End of month is best time from my experiences, your sale may be the one that gets dealer to factory target, so he may be more willing to take less from you knowing that additional factory money will be coming his way and all are happy. He will also make $$ on your trade-in, so he is making money, just not as much from you.

    I also agree on a delivered round figure price to buy, to keep it simple, stressing that we will include rebate/incentives afterwards to arrive at the purchase price. State tax and tags can then be discussed. This way if I said 26,000 K delivered, it includes the several hundred dollar advertising costs which they will add-on when in the business office, eliminate surprises as much as you can to help control the overall experience to your liking. This approach has worked for me and hope this helps you, GOOD LUCK.
  • can you tell me more about the $1000 rebate you mentioned? Do you have to be on a mailing list? I currently own a 2001 Jeep and would think that I'd be on the mailing list. I just got quoted the following, from a dealer on Long Island, and I'm looking to see if I can lower my cost a bit and close the deal:

    Lease - 39 months 15K/year

    Jeep Grand Cherokee LTD, with Park Sense, Uconnect, Sirius......$527.03 a month

    Jeep Grand Cherokee LTD, with Park Sense, Uconnect, Sirius, 17" Chrome Wheels....$538.03 a month

    These lease figures include all taxes and costs with the exception of registration/title fees.

    or

    Purchase Price

    Jeep Grand Cherokee LTD, with Park Sense, Uconnect, Sirius......$32,578 (After rebate before tax)

    Jeep Grand Cherokee LTD, with Park Sense, Uconnect, Sirius, 17" Chrome Wheels....$33,298 (After rebate before tax)

    I know the $3500 rebate is calculated in these costs, but not so sure on the $1000 rebate you mentioned. If I knew more about it, I may be able to question them on it and possibly save a few bucks.
  • Your pricing is about the same I am offered in NJ. However I don't think you are quite correct in what you are saying, but maybe you are.

    If the lease is truly $0 down other that first payment and title/reg, the lease numbers are pretty good, but if you are putting anything in to the lease up front beyond title /reg, they look on the high side.

    How much for reg /title fees?

    NY has Sales / Use tax, so you are paying about $1400 somewhere for that alone and that gets rolled into your payments.

    The $1000 doesn't seem to be mailing list or even all previous lessors, the dealer can find out from Chrysler if you are on the list and lost it in the mail - if you trust them.

    There is no current incentive for financing hence the attractive lease, that may swap around in Jan/Feb
  • dnjdnj Posts: 2
    Geeves,

    The $1,000 rebate, in my case, came in the mail from Jeep. Based on how it was addressed I can tell they used the information I entered into a web form requesting a brochure (this was months ago). The rebate was good until 1/02/07 and was for most vehicles (not the SRT-8 or the Wrangler Unlimited).

    Hope this helps.

    DNJ
  • I currently have a 2004 Grand Cherokee Special Edition with 8 months remaining on the lease. I was offered the following deal by my dealership.
    First, I can walk from my current lease paying only for any excessive damage.
    Second, 2007 GC Laredo with only fog lamps as an upgrade.
    30,450 MSRP - 39 month lease - $417/mo before taxes - no down or security deposit.
    Any thoughts on if this sounds like a good deal or do I have some negotiating to do?
  • I just leased a brand new 2007 Grand Cherokee Laredo for 27 months. I put NO money down.I got it out the door for $310.00 per month with 10,500 miles per year.. I feel like I recieved a great deal. Negotiate!
  • Hi I just signed this lease in No. California:

    2006 Grand Cherokee
    39 months, 15k per year (with 39 mo/50K mile warranty)
    MSRP: $28,235
    GRS CAP: $21,803 (18,235 + 700 acq fee + 390 xtra warranty + 2,475 leather and sunroof added)
    MF: .00313 (7.51%)
    RESIDUAL: 40%
    MO. PAYMENT: $396.98
    ------------
    No money down, just first payment and reg. fees = $698.73

    GREAT DEALERSHIP!! :)
  • I am in the process of obtaining a new jeep grand cherokee 2007 lease. Currently i have a 2004 Jeep grand cherokee freedom edition.the buyout at the end of the lease is 11982. im paying 325.00 a month and have six payments left.(1950) also i have 10,000 over my miles at .15 so 1500.$ in mile overages. i looking for the best option to get out of this and get into a new GC or refinance at lease end??

    the dealer came back with this.
    MSRP 30,300
    he will pay out the remaining 6 payments and milege and give me a 3500.00 check for it.
    I will only be responsible for damamge.

    my cap cost is 25,599.
    i am giving 1300.00 down
    they are paying all tax title ect.

    bottom line 374 a month 39 months 12,000 a year.

    someone help.
  • kyfdx@Edmundskyfdx@Edmunds Posts: 25,969
    This is what worries me about your deal...

    The dealer isn't taking your old vehicle in trade... If he is giving you a check for $3500, then that means you could lease the new vehicle for that much less money, if the dealer didn't have to compensate you for your remaining lease costs. In other words, $3500/39mo., means the actual cost to lease that new Jeep is about $285/mo.. The rest of the payment is there to pay for that $3500 check.

    The other part that worries me? Since he isn't taking your vehicle in trade, you'll be returning it to the bank (Chrysler Finance?). Turning a vehicle in early will sometimes generate higher costs than what you will incur at the end of the lease period. You should check with the bank to make sure you won't be on the hook for some open-ended amount. Most lease contracts don't allow for just paying the rest of the costs and turning the vehicle in early.

    If your costs turn out to be exactly what you think, then this may be a decent deal for you... If you think it is, then I would ask the dealer to make the same deal, but take the vehicle in trade, so that you don't have to worry about any end of lease charges..

    regards,
    kyfdx

    Moderator - Prices Paid, Lease Questions, SUVs

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