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

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Comments

  • j13ntvj13ntv Posts: 7
    guugos- I have been looking at the new Grand Cherokee indepth, for what you are looking for, it would have to be the X-package Lardeo. The base Laredo doesn't have leather, the X package does, as well as the limited and overland. Although I am not looking for the same configuration as you are, I am looking for the Overland (leather, nav, sunroof all included in the MSRP already) I can get a V6 version for a hair over 40,000. I am waiting for the all so hopeful incentives to finally come out the first week of August before I do anything though, in hopes of a rebate or 0% Apr... Hope this helps.
  • guugosguugos Posts: 10
    Thanks for the input. we visited a jeep dealer today and learned that the model we really want that has everything we need and nothing we dont is a GC Limited V6. They had one in the wrong color but was told the price would be around 38,700 for the model we want. Still a bunch of cash for a Jeep.
  • guugosguugos Posts: 10
    Thanks. We were at another Chicagoland jeep dealer today. it seems our desired configuration is now a limited with V-6 engine. The dealer would not go below 38K before tax and title. No financing incentives either. Moving to a Honda Pilot.
  • I'm considering the purchase of a 2010 Grand Cherokee. I guess I'm in the minority in that I prefer the 2010 model to the 2011 (I won't go into all the reasons why). The current deal I can get on a 4wd Laredo with nothing but red paint is $28,100 after my $4,000 rebate. The 2011's are selling at about MSRP, but I expect them to go down later in year and probably get some kind of rebate by January 2011. I'm hoping to get an even better deal on a 2010 ... thinking that Chrysler/Jeep will want to shift them out of the dealers lots. The current $4,000 rebate seems to end on Aug-31. Should I gamble on the 2010 rebate getting even higher in September? Will there be much choice in 2010s available in September?
  • verdugoverdugo Posts: 1,977
    How much do you want to gamble?

    Look at your region's 2010 inventory. I know that my local dealer has no more 2010's. It sounds like you want a Laredo with not too many options, so unless you're willing to accept more options (and pay for them), you're better off buying now.
  • guugosguugos Posts: 10
    Got a call from the dealer we are working with to say there will be new incentives on 2011 GC coming out tomorrow.
  • I'm going to have to gamble ... which is OK with me.

    It seems that, come January 2011, one will be able to buy a 2011 GC for roughly the same price as you'd pay for a 2010 GC today (factoring in rebates). I'm not about to pay the same for a 2010 right now. I'd need to pay a least a couple thousand less for the 2010, given that the media says the 2011 is so much better.

    I'll wait for September and see if the 2010 GC rebates have improved. Then I can check to see what the inventory of 2010s are like.

    If the rebate isn't improved, or the stock isn't there ... then no biggy, I'll just buy a different midsize SUV.
  • verdugoverdugo Posts: 1,977
    Sounds good. It sounds like a good plan and you're aware, and ok, with the risks. Good luck. Come back and tell us what you ended up getting.

    FWIW, I've heard everybody say how much better the 2011 is compared to the 2010.
  • paulepaule Posts: 382
    I would be very surprised if you can buy a new 2011 next January for what you can buy a comparable 2010 right now, but who knows?

    It's worth a shot if you want to wait. I just wouldn't count on that.
  • I agree ... it is just conjecture on my part. But "I" think it is a high likelihood.

    RIght now the 2011 GCs are selling for close to MSRP. This is due to their newness on the market and taking advantage of the fact that some people want to be the first on the block to have a new model vehicle. Come January 2011 I fully expect the 2011 GCs to be selling at a "normal" price ... meaning a couple hundred over invoice. Then you consider that mid-size to large SUVs are becoming less and less popular. Who knows where gas prices are going etc. So, come January 2011 I also expect that Jeep/Chrysler will need to have a rebate in order to assist the sales. Now ... what will that rebate be ... $2,000, $3,000, $4,000 ... who knows? Let me suggest a $3,000 rebate. Given that the 2011 GCs are a few hundred less in invoice price to the 2010's (something that is heavily noted in the media). This would make a base 2011 GC Loredo with 4wd come out to something like $28,700. Or about $600 more than I can get the 2010 GC for now.

    Again, just a fun conjecture. But something I need to use in my buying decision. I'm not going to be buying a 2011 GC ... but need the 2010 GC rebate to go higher very soon if I'm to buy a Jeep.
  • utexas06utexas06 Posts: 43
    My company has a partnership with Chrysler Affiliate Rewards which gets us 1% below factory invoice pricing on virtually all Chrysler group vehicles excluding Challenger I believe. I'm not serious about buying a 2011 GC yet so I haven't initiated the process to see if the 2011 GC is even eligible for the special affiliate pricing. I stopped by a local Jeep dealer to see the GC in person and inquired about the Chrysler Affiliate pricing and they said it was not eligible on 2011 GC. Have trouble believing that. Anyone else planning on buying with Chrysler Affiliate pricing?
  • Any word on the incentives (if any) for the 2011 GC?
  • j13ntvj13ntv Posts: 7
    utexas06 if you mean like an employee purchase program through your company, yes the 2011 are eligible, however all dealers don't have to be participants. However I have an order sheet in front of me for the vehicle I ordered and it shows the FFP price, which is 1% below invoice. The invoice for the overland I ordered is 42,549 and the FFP price is 42,124 or 1% below invoice. Go to a different dealer..
  • j13ntvj13ntv Posts: 7
    For the month of August it seems they only release incentives for lease returns.. Check it out

    http://www.edmunds.com/new/2011/jeep...ncentives.html

    http://www.cars.com/jeep/grand-chero...=USC10JES052C0
  • I don't think the salesman that I talked to was really that keen on selling me a 2010 GC ... at least I'm guessing. He said he'd keep me up to date re the 2010 GC rebates and their inventory. It seems that the 2010 GC rebate went from $4,000 to $4,500 a few days ago (although, still not at the $6,000 that I want). Yesterday his dealerships website showed 7 of the 2010 GCs in stock. This morning, their website shows 0. I've heard nothing from the salesman.

    Now I'm very sure that they didn't sell seven 2010 GCs in one day. So not sure, since the salesman isn't telling me anything.

    I searched the inventory of 2010 GCs near my zipcode via the Jeep website. Of the three closest dealerships, the Jeep site shows no 2010 GCs in stock.

    So I'm happy that I don't need to wait for September for the rebate to go up. It sounds like my chance of getting a 2010 GC is now gone. Good for Chrysler/Jeep in that the dealerships seem able to move the last of the 2010 models.

    This weekend I'm free to hit a few dealerships and make a purchase of a midsize SUV. I wonder what will be in my driveway next week?
  • utexas06utexas06 Posts: 43
    It looks as if you might have waited a little too long to nab a 2010 GC. Are there any other dealers a little further from your city that might have inventory? I think the 2010 GC is going to be rather irrelevant once the market is flooded with 2011 GCs. If you don't want the 2011 perhaps you might look at the new redesigned Toyota 4Runner.
  • Yeah, well that was the "risk" I was willing to take. At only a $4,500 rebate, I wouldn't want a 2010 GC even if the dealership had a good inventory. My calculations showed a $6,000 rebate as appropriate for me to proceed. ("Saturnjeep" posted a purchase price of $28,003 for a Laredo with X package ... now I'd take that deal ... "Saturnjeep" did well. But "Saturnjeep" got $6,000 in rebates ... must have got the "loyalty" and other rebates as well)

    But again, no biggy. The 2010 GC was my first choice, but there are lots of other vehicles that I can pursue. I've started my research and have narrowed the field down.

    Re the good sales of the 2010 GC ... I thought that I was about the only person who prefers the 2010 GC to the new 2011 model. But with the 2010s going fast, maybe I'm not in as big a minority as I originally thought.
  • carol50carol50 Posts: 1
    i have a chance to purchase my leased jeep for 22000. i extended my lease an extra two months and found out that those 2 payments dont go towards purhase price. and if i decide to keep it i pay $470 dollars for a late return fee. i am considering returning it to jeep dealer pay no fees and purchase a 2006 honda accord v6 ex-l for 13000. what do u think? i live in long island new york.
  • I did not get the loyalty rebate but did get an additional rebate from the credit union. I'm happy I got everything I wanted and didn't wait till they were gone. I would consider a lightly used Limited since that inventory seems to be pretty heavy. Wish I had the QDII transfer case.
  • Hey Car Man,

    Any idea or estimates as to what type of buying incentives/interest rates Jeep will offer on the 2011's as we get into November and December?

    Thanks!
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