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Dodge Durango Prices Paid and Buying Experience
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I qualify for employee pricing and want to use all rebates etc possible. I also qualify for a returning lease loyalty rate. I'm looking to lease in the MetroDetroit area, but I'm willing to drive if a better lease deal is possible elsewhere.
Before rebates and employee discounts I'm looking at a price of around 32,662 this is off the tmv on edmunds.
What money factor & residual should I be getting. I want to lease for no more than 24 months and have 12,000 miles a year. With $0 down What do you think the monthly payment would be?
Also this is the first time I've ever posted to any site, so if I'm not doing it correctly I appologize.
So far, I really love this truck.
The nav is really nice. Our sticker was $42.x too. We bought ours in June this year.
We ended up in minneapolis one night and our son had to go to the hospital, that night the nav paid for itself driving down town.
Car_man
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Prices Paid Forum
24, 27, or 36 months with 15k miles.
Selling price is 37k, so around how much would that be to lease?
Car_man
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Prices Paid Forum
About a month ago, I received a promotion from Chrysler called "Pull Ahead". It indicated that Chrysler would pay up to three of my lease payments if I would stop by my local dealership and discuss this with them. I was subsequently informed by Chrysler that since I prepaid my lease, nothing could be done. In the past week, I received another "Pull Ahead" promotion and this time it stated that I would have up to five of my lease payments paid by Chrysler if I would stop by or call the dealership. I have called Chrysler and e-mailed them about this and I expect the same answer. Any suggestions on how to pursue this and possibly have some sort of similar offer made?
Thanks
Car_man
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Prices Paid Forum
I am really getting annoyed with Chrysler. I didn't notice in the lease agreement until a few months back that there is also a $300 return fee if you do not lease again, purchase the leased vehicle, or buy another Chrysler product. They recently sent me a $500 discount coupon on Dodge products that has to be used before my lease expires. When I contacted Chrysler financial about their latest offers, they e-mailed me back and said they couldn't find my account on file and to contact customer service. Customer service has sent me to Chrysler financial in the past. Sort of a revolving door that leads to nowhere. I had leased three Mercury Mountaineers in the past and for the most part, things went very smooth but with no incentives after the third one expired, then I turned to Chrysler. Chrysler really needs to do a better job of keeping up accurately with their customers if they expect to keep them.I will post any other offers I receive should they be forthcoming.
Car_man
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Prices Paid Forum
I am looking at a loaded 2007 Durango Limited Loaded...
44310 MSRP
40275 My negotiated price before rebates
7500 Rebates
2000 cash down
16395 residual
The monthly payment quoted is 580.00.
Is this a good deal? Or am I in trouble here. This is the lowest I have heard so far. Other monthly quotes with similar numbers are $590 - $ 600 a month.
Please advise...
Thank You,
I am looking at a loaded 2007 Durango Limited Loaded...
44310 MSRP
40275 My negotiated price before rebates
7500 Rebates
2000 cash down
16395 residual
The monthly payment quoted is 580.00.
Is this a good deal? Or am I in trouble here. This is the lowest I have heard so far. Other monthly quotes with similar numbers are $590 - $ 600 a month.
Please advise...
Thank You,
Anyway, take the 1 year used wholesale price and add 15-20% for a good deal on a new one. that probably puts us around 29-30000 purchase price.
A good lease deal on something in this range is about 300-400+/mo for a 36 month 15000mi/yr lease with taxes (7%) included and little money down. Notice the big range as most lease deals are not attractive, and true finance rates with banks can vary widely. (leases are meant to be fleeces) You may be a into the 450+ range with the Durango with those terms due to the depreciation. As you can see, your deal ($650/mo) is nothing to write home about. (which isn't surprising) This assumes you have good credit.
If you must lease (own your own business) Email 10-30 dealers end of month (dodge website) for payment quotes with your specs, fact you are contacting 20 dealers and your criteria (no money down 15k 36 mo inc taxes etc) Work the top 3-4 bidders against one another via cellphone. Perhaps get direct purchase prices too. Calculate what a direct 30k purchase with your credit union's 5.x percent or so rate would be for 3-4 years. Compare it to the lease.
If the lowest you have heard so far is your survey walking into 2-3 dealerships or reading some ads you may be in for some fun as the Durango moves like lead and you may be able to work a very low deal.
--Good luck
--jjf
Hello,
I am looking at a loaded 2007 Durango Limited Loaded...
44310 MSRP
40275 My negotiated price before rebates
7500 Rebates
2000 cash down
16395 residual
The monthly payment quoted is 580.00.
Is this a good deal? Or am I in trouble here. This is the lowest I have heard so far. Other monthly quotes with similar numbers are $590 - $ 600 a month.
Please advise...
Thank You,
Wait and see mode now I guess...
Thanks again...
Any help would be appreciated.
Thanks.
Car_man
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Prices Paid Forum
Car_man
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Prices Paid Forum
Can you give me the money factor and residual for a Durango Limited 4WD with 12000 miles per year for 36 months?
Car_man
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Prices Paid Forum
Is this a good deal? Or should I push for a $30K less the $2K in equity? Last one on lot.
Good luck
--jjf
I will be buying a new 07 or 08 durango in the next couple of weeks, any advice on how to get the best price? I have a supplier discount through my work that really knocks the price down, but now I hear that it is possible to get an employee discount number. Does anyone have one they are willing to part with or any info on how to get one? Any help or advice would be greatly appreciated
Good luck
--jjf
Thanks for the advice. I have an 07 limited that I am working on. The msrp is a little over $43000.00 plus they added about $700 in after market stuff ( window tint, billet grill and chrome door handles). They are offering $6000 off to move the 07, I get around $4500 off from my supplier discount and have talked them down about another $1500 to a price of $31500 . however If I can come up with an employee discount it will knock almost $750 off of that. I don't want to sound greedy, but if the discount is available I would like to take it. I'm sure Dodge wouldn't have any objections with me giving them another $750. So how about it guys, anyone have an EC number left?
We are looking into the purchase of a new 07 Limited Durango, loaded with almost all options - Navigation, Satellite radio, Rear video system, remote start, back bucket seats with heat, etc.
The dealer has said that the only current incentive is the 6,000 off - still want almost 35K for the vehicle. The did also mark down their price to 35,996 as the "true market value" - but still only will to go down to 34800.
Anyone out there no of any other rebates or incentives? We also looked at a 2007 limited explorer with virtually the same options, but it was only 29k. I just can't imagine a Durango would cost more!
Any suggestions?
We have an offer for a brand new from one dealer with dealer incentives and holdback removed, and now another offer for virtually the same vehicle (with about $300 more in options), but it is a demo. They are asking MSRP less the $6k dealer incentive and less all but $200 of holdback totaling over 34K. No adjustment for the almost 3k miles on the car.
Anyone have experience with purchasing a demo? How to negotiate for this? I look at Edmunds pricing on this vehicle as a used vehicle and MSRP is 31k! Low wholesale is 26K... I just can't fathom purchasing a USED vehicle for NEW price - anyone have experience with this?
Any advice would be appreciated!
Wife & I have twins on the way (in addition to our 3-yr old) so we need to bite the bullet and get a minivan. We're going to get a Dodge GC or a Chrysler T&C sometime in June. Money will be real tight since wife will be quitting work to stay home, hence us going down to one income, so if anyone has a friends code for 2008, then I would reeeeeeally appreciate it. .... I'll even put you on my Christmas card list!!
e-mail me here at carspace and let me know....
The 42000 Dodge Ram 1500 barely wholesales for 22000 in 12 months. It has sold all day long brand new for 12000 off msrp on average the last 4 years or so. Should be much more now the last 12 months. I would find it hard to believe the Durango fares much better. These vehicles have sold new with heavy advertised and hidden incentives for years, and should be much heavier now. (Due to their high unrealstic factory determined msrp) Get 10-20 bids via email for best price on vehicle with your specifications last week of the month from the Dodge website (dealer locator) within a 100-200 mi radius of your home. Work the top 2-4 bidders against one another.
In general Demo's aren't worth messing with, unless they will sell it for considerably less than the lowest deal you can get on an 08. You should be able to get a new 08 for $3000-5000 more than a used 07, and get the options and colors you want.
Good luck
--jjf
We've been looking into a new or barely used Durango limited (prefer used, the depreciation on these vehicles is a killer!).
We have an offer for a brand new from one dealer with dealer incentives and holdback removed, and now another offer for virtually the same vehicle (with about $300 more in options), but it is a demo. They are asking MSRP less the $6k dealer incentive and less all but $200 of holdback totaling over 34K. No adjustment for the almost 3k miles on the car.
Anyone have experience with purchasing a demo? How to negotiate for this? I look at Edmunds pricing on this vehicle as a used vehicle and MSRP is 31k! Low wholesale is 26K... I just can't fathom purchasing a USED vehicle for NEW price - anyone have experience with this?
Any advice would be appreciated!
Good luck
--jjf
Look up the price of a used 07 like the 08 you want. It likely wholesales 16+k from msrp in 12 months.Anything over 20% more than the 1st year wholesale price is way too much as the used wholesale price of trucks like this is optimistic. A useful target on a 32k durango new would be something like 19-20k. The dodge ram 1500 has sold for 12k off msrp constantly for years with folks getting more off. (they better, the 42000 model wholesales used for 20000 in 12months.)
Trust me I did this for years and Domestic's Xplan, suppliers disc, etc people usually did worse than many, but better than blind walk-ins (which isn't saying much) Usually with their guard down they get taken modestly or big time. Many employees think they are dealing with their Company when all the dealers are independent owner operators.
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I do however agree with the internet route though ... I've bought a couple cars that way ... e-mail a boatload of dealers and sit back and wait for the best internet price...but those prices still aren't usually below the invoice price like the friends code price is. Then again, when I bought cars this way, the economy wasn't taking a dump so that may work out better for some people now.