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This is with a drive out of about 400. The rebates back in 04 were 7200, my lease is up aug 26 but I might extent for a month just to see if the rebates get any better. Old Mike
The manager gave me a invoice price that was 700 over what edmunds lists for the car. Is it possible that the invoice price actually varies?
How did I do?
26X w/ after market Park Sense
$31,395 + tax & fees
0% APR for 60 mos.
Long Island, NY
I'm just afraid that with such an early build they didn't have a chance to work out all the bugs/gremlins/etc.
I am in no hurry to buy, but I do want to take advantage of the current rebates. Should I get this one or wait for a more recent build? Also, what do you think about the price?
TIA,
Angel
Tow Package
Optional OWL tires
Optional Jeep Metallic Green Color
Premium Floor mats
walked out of the dealer with only 18 miles on the odometer.
Window Sticker was $31,205
Price Paid was: $26,400 + tax and fees with 0% finance for 60 months like you.
I opt out of $4000 cash back and went with the 0% finance and paid no down payment at all. Everything was included in my loan so I bought a gap insurance in case of a totaled vehicle.
I think your deal was good. What do you think about mine?
Good luck, I have had a solid 1994 JGC 4WD for the past 14 years, which I bought new in Sept 93 for about $23000 OTD. Amazing how prices haven't increased too much, at least in this one case, but deals are different.
Yes I could have paid $22,400 if I wanted to get the cash back option (or if I were a savvy finance guy).
Glad to hear your good experience with Jeep.
I ended up placing a factory order for a Limited 4x4 with the new 4.7L engine. Took about a month from the time I ordered to delivery (I'm in Sacramento, CA). I picked it up last week and I'm very happy with it.
The price was invoice. No negotiating. There wasn't a trade involved.
I went to a couple of dealership and they are giving me different information. Here is the link for the unit I am talking about:
http://www.mopar.com/m_acc_cat_part.jsp
Our Jeep's basically a loaded Laredo with the X pkg, 4.7L, Tow and Fortera tires. We have an 01 I6 Laredo that has treated us pretty well & we sold to our college Jr son for winter school driving. I strongly considered CUVs Hyundai Vera Cruz and Saturn Outlook (see my postings on the Outlook CUV forum if you are curious) but despite a smaller vehicle and V8 the Jeep won (as my wife put it, the kids are out of the house, why do we need a mini van sized vehicle?). I did get the following deal:
07 Laredo List 36,400 w/destination
Minus 4000 rebate
Minus 3500 affiliate supplier discount (available from the company I work for who is a Chrysler supplier)
Plus $75 discount fee plus $500 advertising fee (those tick me off but I paid them using the employee discount too, and the discount company says they are legit).
PRICE before tax ~$29500 and change.
The Saturn Outlook won the roominess and MPG award but the Jeep definetly had the comfort, "goodies", towing and value for money. I could have waited for an 08 with the new 4.7L, but the torque is about the same in the old 4.7 so as a boat tow vehicle I am optimistic saving >$2000 is worth it - 08 4.7s are hard to find and have only a $2k rebate, so far.
I will post more here and on the general JGC forum and a new owner review after a month or two as well. I hope you enjoy you new Jeep as well, we really liked our 01.
In my zipcode (95827), the 08 4.7L's have a $3500 rebate. And add the free MyGig with Navigation offer, and the '08s make a lot of sense.
55901 is SE MN Rochester and 55455 is Minneapolis. Both now show a $3000 rebate on 08s on www.jeep.com through 12/5. But it seems to change weekly as last week it was $2000 which is what our dealer showed as of Weds too. Our dealer showed the 07 $4000 rebate expiring 10/31 but jeep.com showed 11/5 and now per the dealer a similar deal (same money, but handled different) goes into November. The extra $750 is only with Chrysler financing which we don't need. The bigger problem is finding a Laredo 4.7, there is only one within 100+ miles of us and not the color we want or even a backup color (and for some reason no Nav or Mygig listed for it either, unless again that is another NEW deal!?!). There are few Limited 4.7s as well, of course fetching thousands$ more. And remember the new MSRP of the 08 Laredo is $900 more as well, but the bigger problem is a glut of V6s and hemis, no new 4.7s.
Oh well, if I was looking 2 months from now I'd probably find a better deal ... or 2 years from now maybe a 30mpg JGC hybrid that tows 6500 lbs, ya sure you betcha.
In addition, you get the better of the rebates from when you placed the order or your GC arrives.
So far in first 100 miles of driving to work in back, I am getting 15mpg city average, driving conservatively but playing with the remote start and yes it does start from my window at work ~ 300 feet away - NICE. I am contemplating trying it out on E85 ethanol before it gets too cold in SE MN. The night we picked it up gas went back over $3/gal, but a local chain dropped their E85 to $2.04, however I haven't even used 1/4 tank so I have a ways to go.
I will post here, the MPG forum and writeup a new owners review after a few weeks. My only minor disappointment so far is NOT in the Jeep but getting 4 different answers from 4 different sales and technical people on cost of ownership maintenance questions I asked prior to purchase. I should have asked but did not know the front/rear differentials needed 15000 mi fluid service, much more than my 2001 but my mistake "assuming" the new vehicle would have improved. That is a pain to get at so I may have to bite the bullet and have the techs or my family car repair man do it. I was told the plugs were 100k miles like on my Chrys 300, but NO, the 4.7L has 30k mile old style plugs. Bummer but I think I can get at those as I have usually done my own "simple stuff" like plugs, serpentines, coolant. Those again are minor things, nothing to worry about yet, very happy with our purchase. LET IT SNOW!
Our local bank black book for a 03 Laredo 4WD with 4.7L V8 lists
$12,250 and trade in $2000 less. so I'd say around $11K private party is fair
but you can look at Kelly Blue Book's web site for that.
Since I just bought a new on the lot 07 loaded Laredo for $29k plus tax, fees this week (see posting above) I sold my son our 2001 single owner 4WD I6 loaded Laredo with 82K miles for $7K and that was low book for that year/miles (but had to give the kid a good deal although he used his prior car sale to help!). Let it snow!
Maybe I should post this at a different forum but anyway here it goes.
If I want 0% financing should I first call chrysler financial and figure out if we qualify for it or should we do all that at the dealer? we can also do it at chrysler financial online but I am scared of how that may affect the price of the vehicle at the dealer?
If you know your credit score, you should know what your credit is. Maybe you can jut call Chrysler Financial and say what is the minimum score to qualify for the 0% rebate? Obviously it's a non-binding answer, but it can give you an idea.
Finally, some of the salespeople and F&I guys on other discussions here can tell you what a Tier I and II are. Usually the 0% rates are only for those Tiers.
Good luck.
Does this sound like a good deal? I had one which gave me slightly less but was also 10 hours away from me vs the 5 hours this dealer is so I am taking the closer deal.
You shouldn't be paying around invoice. Find out what invoice pricing is for your WK here http://www.edmunds.com/new/2008/jeep/grandcherokee/100909639/prices.html You don't have too many dealerships around you, so a bit over invoice is doable. I had 6 dealerships nearby.
Let us know how you do. I love mine. Get the MyGig. It's worth it and free until 12/03 (check the Jeep website).
I think invoice is 37206. I am getting it for 36400 after all their fees, so 36400 + county fees (tax, etc, 7.3 where I am at). I had several deals at invoice really quick however they all wanted to order it and I sort of need it now since I carmaxed mine a couple of weeks ago.
Are you getting the 4.7L or the 5.7L? It's probably the 5.7L since it's hard to find the 4.7L in stock. I had to factory order mine. By the way, it only took 4 weeks from order time to delivery and I'm in Sacramento, CA.
I'm not sure you're located, but I hope you're not in one of the following states: CA, NY, ME, MA or VT.
The 4.7L engine is not flex fuel capable in those states.
Thanks for all your help.
I got the towing package so I can tow almost as much as the HEMI and I get e85 so I am pretty happy.
We were going to get a Chrylser 300C loaded, but decided to stick with what we've had for years: a Jeep. People can slam gas mileage and everything else, but when we go "up north" in Michigan the capability is incredible. Anyway, this is our 5th new Jeep (Commanders and GCs) and this has to be by far the best deal we've made.
2008 GC Overland 4WD, only option white letter tires
MSRP: $44,325
Sale Price: $36,903
Net Cap Cost: $32,342 (liscense, acq, fees, taxes, rebates, 1st payment)
36 mos, 10,500 miles = 46% residual
Rebates total: $6,000 (we're eligible for everything including Employee price/bonus)
Monthly payment: $395 even including 6% tax
Money factor: .00077 (a little high, but I know why and still 1.8%!)
$0 due at signing "Sign and Drive"
I pushed the price down some, but didn't have too much to push. Detroit region by the way. If you can get all the rebates and the EP pricing, this is hard to pass for a $44k SUV.
Used Deal
2007 Jeep Grand Cherokee Laredo
3.7L V6
12.900 miles
Black (ext) / Grey Cloth (int)
Several scratches on exterior and one ding.
Several scuffs and a small stain on interior.
Clean Carfax report.
$18,000 (I have my own financing)
$5,500 for Trade in of 2003 Jeep Grand Cherokee in good condition with one ding on exterior.
New Deal
2008 Jeep Grand Cherokee Laredo
3.7L V6
Black (ext) / Grey Cloth (int)
$22,298
Haven't negotiated trade in value, but estimated at $6,000+
Thoughts...
I ended up getting the new '08 with several add-ons for $21,500 and still got $6k for my trade in. All I can say is shop the deal around. It worked for me and I ended up getting a better car than before for nearly $1,000 less. Of course it helped that the salesman I originally talked to on the phone tried to pull a bait and switch and I ended up working with the sales manager who was nice enough to work hard to keep a customer. FYI, I wouldn't expect that deal from another dealer, but maybe I'm wrong.
Thanks again for the advice.