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Comments
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.
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.
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...)
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!
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:
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
Any other NJ buyers or leasers have experience of this?
http://www.state.nj.us/treasury/taxation/pdf/njcar.pdf
Welcome to NJ ......
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!
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.
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.
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
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
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?
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!!
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.
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
Edmunds Price Checker
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so in respect to the last post it is a good deal if chrysler has no early termination charges??
Just tell the dealer that you are worried about excess charges because you are turning the vehicle in early, and ask them for the same deal, but with them taking the vehicle in trade. If they aren't willing to do that, call the leasing company, and tell them you want to turn in your vehicle early, and ask them what charges you will be liable for.
I'm guessing that they will tell you that they will send your vehicle to auction, and that you will be liable for the payoff difference between the amount realized and the amount of your payoff. (The open-ended amount that I referenced earlier). This could even be in addition to mileage charges. You can see how this could quickly get out of hand.
Your other alternative would be to keep your current vehicle in mothballs for the six months until it is time to turn it in. Of course, you would have to keep it insured.
You really want the dealer to take it in trade, if you can.. That is the best thing about trading out of a lease early... no extraneous charges.. If the dealer will pay the current payoff minus $3500, then you are home free on the same deal... no extra mileage charges or damages will apply.
Good luck,
kyfdx
Edmunds Price Checker
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Grand Cherokee Overland
MSRP - $44,775.00
Selling Price - $41,422
Money Factor - .00186
Residual - 48%
10.5k annual miles (my request)
$532/month + tax
Is there room to negotiate this selling price lower? I didn't get the rebate coupon and don't qualify for the loyalty cash.
Thanks much.
i got a new grand cherokee $30,404 with 1300 down
39 months 389. a month.
they took my old jeep off me in trade 13825$ to terminate my lease early actually 8 months early. plus i had 12,000 in miles over. so i got out of the old one , dont have to pay for milege, damages ect.
new lease , money factor of .00191, net cap cost 26080.
they gave me 5000. in rebates. 39 month 389.00 month.
i guess i did alright no? :surprise:
Since they were willing to cut you a check for the $3500 before, you can bet that they had to take at least that big of a hit to take it on trade... Given that, your lease deal is pretty good.
Will you be able to stay under the miles on this one?
regards,
kyfdx
Edmunds Price Checker
Edmunds Lease Calculator
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Edmunds Moderator
Thanks in advance.
Bill
according to edmunds, I paid too much but according to KKB and the NADA, it was right on the money.
I have a couple of questions.
Been pricing several different cars.
1. Equiped a 2007 Grand Cherokee Limited 4x4 which has a $42,720 MSRP, what is the going rate for the final sale price including rebates?
2. What is the MF for this car with a 36k, 3 yr lease?
3. What is the residual value?
4. Can multiple SD's be included and how many?
Thanks for your time on this matter.
How much lower can i get??
2007 Laredo V6, with Leather, Moonroof, etc - MSRP $32,785
Dealer Incentives $4000
39 Mo, 12K year, $389 plus tax per mo, $1000 drive off
Trading In Audi A4, 2 months left on 48 month lease. Relatively good condition. Couple dings in back fender. Under miles.
Could I get down to $389 including tax per mo?
What I am looking at:
2007 Laredo with the 26X package and the Navigation/Rear Camera
I am supposed to be getting my affiliate 1% under invoice plus incentives.
MSRP sticker price is $38,500
They are offering me the vehicle for $30,900 which supposedly is 1% under invoice and includes the $4,000 factory cash.
At first he was offering me $469 for 39 months with 10.5k miles and $2500 down which I thought was extremely absurd.
Then they offered me $469 for 39 months with 12.5k miles and $3500 down
As I was walking out he asked if he "could do $450" would I be interested
What should I be paying a month? He said residual on the GC was 44% on the 36 month
If thats a good deal I might be out of my comfort zone. :confuse:
They said
2007 Grand Cherokee Limited
5.7 HEMI
Fully Loaded with Navigation/Leather/Tow/Everything except DVD Entertainment (no kids)
12,000 Miles Per Year
Sticker Price $43,460
Cash Down $2,000
27 Month Lease $467 per month
End of Term Buy Out $20,780
I had a 2005 Ford Taurus I needed to trade in that I owed $10,700 on and it had 37,500 miles on it. They took that and paid off the negative equity on it (which I figure was at least $2,000.
Can someone please tell me if I did good (I think I did but need someone to level with me).
Now if I could only get "affiliate 1% under invoice" which I don't have, it would save me the trouble of negotiating.
MSRP 34.995, using affiliate program and lease loyality for a total of 6000 in rebates, on a 27 month 10500 mile per year lease the payment is 356.65 plus tax with 535.75 drive out. This is not as good as a lease deal I got on my 04, at the time there were 7250 in rebates, I am only paying
281 plus tax a month right now on a base 4x4 GC.
Also just yesterday Chrysler came out with lifetime powertrain warranty, it is there hope that they will not need so much incentives to sell their Jeeps and cars.
While this is nice for buyers, I really do not care about it would rather have lower payments. It will be interesting to see if rebates increase in August but this now makes it less likely. Old Mike
Actually just by my looking around it would appear there is less inventory than last year at this time.
Who knows though...I am a Realtor not a car salesman
06' Laredo
38,000 miles
$18,677
Has Warranty
This price is a bit much for me and wanted to know how much room I have to neotiate..I am trying to stay as close to $15,000 (without oin over as possible) is this a long shot, especially for this vehicle? I know KBB and Edmunds pricing but still think this may be a bit high...