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Comments
Say you finance $32,000. When you drive that car off the lot, it's worth a lot less. It's a fact. If it's totalled (knock on wood), insurance will not pay you $32,000 which is what you owe on your loan. It will pay you what the car is worth. GAP covers that difference. If you didn't have it, you would have to pay that money yourself.
Before you sign anything make sure you research it and read the fine print very carefully.
And good luck, hope you like yours as much as we like ours. :shades:
Rocky Mountain Edition W Package...cloth seats, no navi, power sunroof, heated front seats, uconnect tunes
Window Sticker is $32,975.00
So far, the deal I received is $30,500.00 plus AZ tax of 7.95% or $2579.00
+$675.00 fee, + $369.00 doc fee = $33985.00 out the door
I will be taking the 0% financing for 72 months in lieu of the $4500.00 rebates...
Therefore, my payment will be $472.00...0.00 down....please advise on how to shave more off the price...Any advice would be appreciated!
I'd start shopping additional dealers. E-mail is the easiest way of doing today.
What's up with the $675 fee? What's it for? A doc fee of $369 is way high in my opinion.
I wouldn't bite at that myself. Look at additional dealers.
MSRP: $47,500
Less $4,500 rebate, $1000 cash bonus, $1000 Conquest Cash (may only be for Mid Atlantic region) + 0% financing. (go to jeep.com and check incentives)
Both dealers gave me a price of $37k. That's $10k plus off MSRP. I think I can get it for $35K. Plus, a salesman other than mine said they will be getting more 2009 models shipped next week. This is the inventory Chrysler/Jeep did not ship when they shut down production a couple of months ago.
Agree with others -- What are these fees? I wouldn't pay them. Chrysler pays the dealers to process purchased vehicles.
Check multiple dealers websites and see how many of the model you want they have on hand. It's a buyers market!
The msrp for the car is $35355. It is a rocky mountain edition with the popular equipment. The car was quoted at $33500 and you get $8500 in rebates. Is this a good deal. Thanks.
$45.6 k MSRP (no rear DVD) paid $36K. All rebates ($7500) inlcuded plus $1800 five (5) year full maintenance plan. Not including taxes, tags, and title. A few Overlands and good stock of Limited's around the Baltimore/DC area. Dealers are very willing to negotiate.
did you purchase the car at that price
31585 sticker
add leather 1300
add blue ttoth 499
less rebates
quoted 24800 out the door
about 8584 off
is that a good deal?
You need to be looking at it as a used vehicle; not new and pay accordingly.
add roof racks
$16995 +1525 NY metro taxes
+$679 used car prep fee
$75 processing fee (plates)
$149 filing fee
$37 inspection fee
$19460 OTD
I am happy with the price of the car. It's the fees that i am concerned with. Are the fees excessive and which ones should i ask to be stricken from the price?
Thanks
Just another chance for them to gouge a few hundred extra out of the consumer.
Try to get them down on this one.
As for the other fees....they are pretty standard...$149 filing fee sounds like a dealer processing fee....usually on most car deals.
Good Luck!
What do you think of the deal as a whole?
Sales Agreement reads as follows
MSRP: $43160
Unit Price: $40,000 ($282 below dealer invoice)
Trade in Allowance: $21696
Sales Tx: $690
On Line Registration: $8.30
Motor Vehicle Fee: $209.50
Doc Fee: $149
All Rebates: $7500
Net Cash Paid on Delivery: $11860.80
Total discount on Jeep off sticker: $10660
Total price paid for trade in over wholesale value: $3696
I am very happy with the deal. There was a little more wiggle room in the price if I went after some of the dealer hold back, but since they gave me much more for my trade than any other dealer had offered, it was really a wash.
A little back story on the trade. I traded a 2006 Dodge Ram 2500 SLT 4X4 QC Short Bed with the Hemi. The truck had just under 15000 miles. I could not find a buyer in the paper, even at a wholesale price of $18,000. The next best trade in offer I had was $20500 toward a 09 Grand Cherokee Laredo, and although it had QD II it didn't have any of the other Limited upgrades we wanted. I paid $29000 for the Dodge, so I was able to drive it 3 years for a bit more than $200/month. Not Bad.
I would note all of my other local dealers would have needed to trade with another dealer in order to get a Jeep with with features we wanted, causing them to have even less room to negotiate a good price.
BTW... If the Jeep as some demo miles, they may give up their hold back, which might range in the $1100-$1500 range depending on the cost of the Jeep. Anything around 24-25% off the MSRP on an '09 is in the ball park of a great deal. Maybe an extra $1000-1500 if the unit has 3000-5000 demo miles. But also consider what you're getting for your trade. Anything over wholesale in this sales environment is a bonus.
Personally, I like to buy without having to also negotiate the trade, but I think I did very well on the trade.
Regarding 09 inventories... I wonder how many more units are sitting on lots? I'm sure they are trying hard to release them so that they don't have to discount units even more. I have heard stories of '09 Jeeps arriving at dealers every couple weeks, but could not confirm. So it's worth checking your local inventories every so often.
Good luck to '09 buyers.
1 % off invoice (this happens to be my preferred pricing discount through work)
- $1,000
- $3000 rebate/incentive
Final - @ $37,991 (including dest and a mktng assistance charge for NY?) I thought the invoice charge should already include dest charge?)
Unfortunately, we just missed the 0% financing and extra incentives by 3 days. They have 2 other Overlands, (which are so hard to come by) also Demos with approx 2K-3K miles. I am trying to go for the lowest price (of course) but my husband would prefer the lower miles.
From what I have been reading around the posts and on line – a year end w/almost 11K miles should be much, much lower – like 32-33. I may be way off. Any thoughts are much appreciated.
Under the previous rebates, you should have expected to get around $12000 off the MSRP + another $1000-2000 for the for the 10,500 demo miles. A little less for the demos with 2k-3k miles.
However, with the rebates apparently expired, your option may be more limited.
It won't hurt to make an offer based on the previous available rebates and see what happens. I wouldn't do the deal without the old rebates and atleast $12000 off the MSRP for the 09.
Good luck with your purchase.
At that time, looked at three demos, all $47.5k MSRP and all with 5k miles. Dealers were asking $35-$36 with incentives.
Overland model is discontinued for 2010 and I'm surprised they even have three 2009s available given the steep incentives that were available for the past several months.Dealers here sold out their inventory and had empty lots in August. Leads me to think they can't move them especially now that incentive programs have ended. You should have more room to negotiate here.
BTW - I'm totally impressed with the Overland. Ride, performance and comfort are excellent and the price to value is great. Looked at MB, BMW and Range Rover Sport and know I made the right choice as well as saved a ton of $$$.
Best of luck with your purchase! Hope this helped.
Don't get me wrong, my X5 is a really nice car and I definitely enjoy it but when I buy a new SUV, it will be the next GC for $20,000 less than what the X5 would cost.
My fear is walking away - we love the car and I know that this will most likely be it (since it is discontinued in 2010. The dealership is in such an affluent area that they would probably get someone in next week to write a check for MSRP.
My gut says start at 31,500 (considering the 11K demo miles) and walk over 33250. I think this is fairly realistic?? Theres also the lower mileage demos with 2-3K to consider too...anyone actually enjoy this :confuse: ??
You still need to realize that you are, in effect, buying a used vehicle. It doesn't really matter that they are "demo miles". They are still miles.
Maybe you can look a little further away. It doesn't sound like you're going to get a good deal at this delaership.
This is exactly what the dealer wants you to be thinking, so you will pay a higher price.
If you're not prepared to walk away from the deal unless they give you atleast $12K or 25% off, then go ahead a buy at whatever deal you can get.
However, you would then be wise to forget about continuing to research what prices other people are paying, because you will see others getting the deal you were afraid to demand.
Regarding mileage, it honestly doesn't really matter if you drive the Jeep off the lot with 50 miles or 5000 miles. You would have about the same amount of depreciation if you needed to turn around and sell it quickly. The point to remember, you will be getting the lifetime drivetrain warranty even though the Jeep has demo miles, and the 3 year/36000 warranty is added to whatever miles are on the Jeep.
IMHO, you should wait until the last week of the month. Go in and make your best offer. If they won't accept, leave a phone number and tell them they have a day or so because you're going to buy a new car, even if it's not their Jeep. You will get a call back with a discount in the 25% off MSRP range.
Good luck
Does this seem like a good deal?????????????????????
Thanks
Al
THE JEEP: I've found a USED 2008 GC Limited 2WD w/ 68 miles -- that is right, 68 total miles! It has HEMI/V8, leather, navigation with hard disk, rear-back up camera, remote start, and so on. It does not have the rear DVD or HID headlights.
THE STORY: Original dealership closed. Went to auction. Picked up by my local dealership, now shows that it has had 1 owner on carfax and sold as used. Factory warranty started when local place bought it at auction.
THE OFFER: Sticker says $32k. Advertised for $26,995. I offered $23K. Eventually they came down to "$25,400" and let me walk. My final offer was $24K + tax & title.
I get it... these guys are good. They are feeling the pinch but that doesn't mean they are going to let me rob them.
Two questions, if you please. (1) Is $24K a good deal? A steal? Should I keep trying? Any other tips with what you now know? (2) I don't understand why there is 1 owner (verified on Carfax) when it was never sold to a person. It even shows the vehicle has been serviced at the original dealership. Were they lying when they said they count as the first owner or did someone actually own this?
Are they offering the Jeep with the full factory warranty?
$32K could not have been the MSRP on the factory sticker, or is it the original factory sticker?
If you are buying "as is" or with a limited warranty, you might be buying someone else's problem. Also, a 2WD Jeep is something that might be hard to sell later on, even with all the other nice goodies.
Keep us posted on any additional you learn about the vehicle.
The warranty started in September of this year, when they bought it at auction when the other dealership closed. This concurs with the carfax report and I also know the other dealership did indeed close. It is NOT being sold as is.
Also -- you are right about the sticker. The original was way, way more than $32K. I was glancing at the "used" sticker... I think the original MSRP was 40-41?
Again, thanks for your time. Any opinion on the deal would be great.
Don't worry too much about the warranty. You have plenty of it left, and you could always buy a Jeep extended warranty later. You don't have to buy it when you buy the car.
The deal sounds good, but I'd still want another mechanic to take a look at it.
I think $24k is a very good deal on that vehicle even with it being a 2WD. I agree that it will be harder to sell later on (could be much harder) but that's a very good deal.
I think $40k new is a little optimistic for what that vehicle would have sold new for but it was well into the 30's.
Good point. I bought an '08 GC in October of 207. Brand new, no trade in, in fact, it was a factory order. 4.7L V8, 4x4, HID, Navigation. MSFRP was in low 40's, I got it at invoice, $37 and change, - rebates, and minus free MyGig navigation. selling price was $34 and change (before Taxes).
I did a quick search in autotrader.com and your price looks good. Let's us know what happens.
2010 Jeep Grand Cherokee Limited 4dr SUV 4WD (5.7L Hemi 6cyl 5A)
Options:
25H Quick Order Package 25H
WPP 18" x 7.5" Chrome Clad Aluminum Wheels
AHX Trailer Tow Group IV info
MSRP $43,875 (including destination charge)
INVOICE $41,194 (including destination charge)
REBATE $4,000
OUT-OF-POCKET $36,000 + TTL
OIIIIIIIO
REBATE $4,000
OUT-OF-POCKET $36,000 + TTL
Hi, so assuming that there was no trade-in, you got the car for $36,000 (after rebates). Before rebates, it's $40,000, right?
That is $1,194 *below* invoice? :confuse: wow.
OIIIIIIIO <--- Nice! :shades:
Net trade value $16,500
Trade difference $16,770
Lien Payoff $7600
Sales tax $1,537
Tags and fees $34
Documentation Fee $75
Total Purchase Price $26,016
I'm a little confused. Am I getting a good deal. Should I ask more for the jeep wrangler and privately sell the stratus. Is the msrp high on the Grand cherokee.
Going to another dealer tomorrow to see if the give better trade value.Any advice would be great. Thanks
Who cares? You're getting over $10k off MSRP. :P That's pretty good.
Jeep Wranglers hold their value really well. I'd suggest you sell the Wrangler privately and trade in the Stratus.
You said that you were hoping for a little more on trade in, but how realistic is that? Have you priced them on Edmunds/KBB? You should also post on Real World Trade In values forum on this site to get an actual trade in value from a salesperson.
'10 GC Laredo Base package
$33,685 MSRP
-$3,142 Employee discount
-$4,000 rebates
-$500 customer Loyalty
-$2,000 trade in (2002 stratus w/ 111,000 - also w/ employee discount)
Plus another possbile $2,000 in rebates if I go with a local bank loan - I need to do the math on the finance side of things still.
Is this a good deal. Never owned a SUV. On the road a lot with work, but still want to do weekend warrior stuff with towing. Just not sure if I am buying a lot of car to do a few things a few times during the year. I am aware of how well they hold there value over the years as well.
Thanks in advance for any imput.
2010 Jeep GC Limitied 3.7L Blue Pearl Coat
Class II Receiver Hitch
Media Center 730N CD/HDD Radio w/Navigation
UConnect Phone
17" x 7.5" Aluminum Wheels
Remote Start System
Heated Front Seats
Heated 2nd Row Seats
ParkView (TM) Rear Back-Up Camera
PLUS all the other limited stuff EXCEPT the sunroof
MSRP 39320.00
Quoted 33700.00 +TTL
Good price or not? Thanks for any help. I have emailed dealers and most say "Call us when you get home" so looking for any input.
* SUV's aren't selling as well as they used to
* It's the second half of the model year
* The economy is still not doing so well
* The Grand Cherokee is going to be completely redisigned for the 2011 model year
I say you should pay less than invoice - rebates. Good luck and get back safely.