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The money goes to the bank (think.. mortgage application fee)..
I don't know Chrysler Finance's usual fee, but $700 sounds about right...
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Does that mean no destination charges? or does that mean no additional fees added on top of (invoice -1%) + dest + $75 program fee? Can anyone who recently purchased using friends discount confirm?
Where is the extra $750 of the incentives coming from? I see the $1500 rebate + extra $1000 for lessees, but haven't seen the extra $750 published. Is this marketing support or would that be in addition to any marketing support?
Thanks
Correct. The destination charge is part of the MSRP on the window sticker. Refer to it as the Monroney label in front of a salesman if you want to impress them.
The discount is approximately 1% below invoice, so don't look up the invoice on Edmunds and go into the dealership with an exact dollar on paper and tell them that's what you're supposed to pay. The Friends discount is printed right on the invoice - look for the PP (Preferred Pricing) code.
Chrysler added an additional incentive during the last week of February on GC's and T&C's. An additional $750 was available if you were a returning Chrysler cusomter (any Chrylser, Jeep, Dodge product) or if you were a returning minivan segment customer (another competitor's minivan). This additional incentive never showed up on any of the typical incentive locations (Chrysler website, Edmunds, etc.)
The $750 additional incentive must have carried over to March because I've been working a deal over the past several weeks and the dealer yesterday said the total rebates were still $3,250 so I guess it carried over into March.
One more question in regards to:
Documentation fees are allowable under the respective governing State in which the vehicle is titled. Documentation fees may not exceed those normally charged on any other sales transaction.
In regards to the friends program, does this mean they can charge $75 + their standard doc fee or is the doc fee capped @ $75?
Does anyone have any recent examples of Friends discount amounts - specifically on the Sig series?
Thanks
It means that the doc fee cannot exceed $75 total.
Chrysler added an additional incentive during the last week of February on GC's and T&C's. An additional $750 was available if you were a returning Chrysler cusomter (any Chrylser, Jeep, Dodge product) or if you were a returning minivan segment customer (another competitor's minivan).
Did this apply to both purchases and leases or just to leases?
Lease Terms-36 months, 53% residual, .00129 Money Factor
MSRP-$30,925
Friends Price (Zip 84074)-$28588
Chrysler Financial Acquisition Fee-$700
Gross Cap Cost-$29288
Rebates-$3,250 ($1,000 lease cash, $1,500 lease loyalty, $750 minivan segment bonus cash)
Down Payment-$1,500
Payment-$315.03 ($296.36 base + $18.67 tax)
No dealer doc fee, negotiated $200 in free service (which the Sales Manager will now cut me a check for), full tank of gas, no dealer stickers or emblems.
Dealer was Quality Dodge/Chrysler/Jeep in Tooele, Utah. Very good to work with--no pressure, all fees waived (except Chrysler acquisition fee, license & registration) and excellent salesperson.
We were expecting $324 payment but my wife and I were pleasantly surprised that the F&I guy told us $315.
Thanks Tedebear for your help!!!
I appreciate any advice!
Anna
Thanks
You can still see some, and you can also use the now larger side mirrors more. You just need to get used to it and adjust your mirror checking.
My point is that I now believe leasing is a better deal that purchasing. I realize that there are many pros and cons on this subject. The current lease incentives include $1,500 plus $1,000 owner loyalty and $500 bonus. Some of these are also avaiable on a purchase. If I purchase I would have to keep it at least 5 years and there is no 0% financing for that long. My payments would be high and I probably would not have much equity at that time. Also remember that in 3 years there could be many more fuel efficient vehicles out there to choose from. Just wanted to pass these thoughts along. Good luck and do not buy or lease one without the Signature package. They are now calling it, "It's a New Day Package". They are expecting that 25% of the orders will be for that package. It is a no brainer.
If you're concerned about total dollars spent, the best thing to do is to buy a used van 1-3 years old with less than (say) 50,000 miles on it, and run it into the ground. That way, especially with Chrysler/Dodge products, you're buying down on the depreciation curve and still have the majority of the useful life of the vehicle left. This makes even more economic sense if you're handy and can do some or most of the work on the van yourself.
I think (though I have not run the numbers) that the next most economic approach is to buy new but, again, run it into the ground. We did that with our '94 DC, and in the end it cost us around $0.25/mile TCO (purchase, fuel, maintenance, repairs, insurance, everything).
I think that leasing or buying new every 3 years is the least economic way to go. With both those approaches, the depreciation of the vehicle is going to drive your costs. But, there are other issues besides economics that come into play here. Some people just plain like/want new vehicles, and don't want to be bothered with maintaining an older or higher mileage vehicle. That has to be factored in also, though it's much harder to assign a dollar value to "new car smell", for instance.
Can you give me the name of the sales agent and the dealer your contacted at the following email address buycar at easyalpha.com
I'm looking to buy a car in the next few weeks.
Thanks,
Where did the extra $1000 in rebates come from (were you a returning lessee)?
Where are you located as that is a great discount - well below Friends price it appears?
In 2005 we leased a new T&C for $430 per month. This was in addition to the $3928 that we put down at signing. We got 48,750 miles for this price. We got the touring package.
We loved the vehicle but don't think we got a very good deal on the lease.
We have two kids and one on the way. I would be extremely grateful if any Chrysler employee out there could share a friends code with us. We are located in Iowa and email is Dbeitz@yahoo.com.
Thanks!!
Dave, Kim, Ryan and Claire
I did the same thing 39 months ago on an 05 Town and Country. I traded in a T&C that was three years old with 66,000 miles on it and only got $8,000 for it. Mine is the Signature Edition which in 05 was a package that included Navigation, DVD screen and Sun Roof. My payment is almost $500 per month. I am getting far better quotes now with no trade and a better MSRP. I also wish that I had access to a forum like this then. Good luck in getting and Employee or Friends code to use. Are you leasing or buying??? The lease incentives are excellent now and even better than those that are published on Chrysler's own website or other sites. Check them out. Call Chrysler Rebate Center at 1-800-227-0757 and get the latest info. These expire on March 31. Who knows what they will be April 1. Maybe better and mabe some dropped.
Thanks so much !
I guarantee you that we will get a new T&C leased by the end of March.
If you can help us out like you have others I promise you it will for a good cause. I'll send you an Email right away.
Thanks,
Dave, Kim, Ryan, & Claire
My lease is expiring and a really need a friends discount. I am definitely leasing by this weekend to avoid losing an Auto Show Bonus of $500. Hope I can get through to you and you will consider me for one of the friends discounts. Thanks
It is pretty nice.
You can configure a vehicle with options just like on Chrysler's site.
Except it knows your employee pricing and shows it as well.
Here is the T&C I want.
2008 T&C touring signature value.
base $32,940
Dest $ 770
Mynav 1,300
trler $ 600
b-sir-tv 495
pack adj -1,525
total $34,580
emp dis -$ 3,572
cash allow -$ 1,500
bonus $ -$ 500
Lease loyal -$ 1,000
To be Leased $28,008 Site says estimated lease payment $365
I am looking for a real lease payment based on current factor / residual.
Can anyone help? Carman?
Thanks.
Have you received your Town and Country yet? We ordered in mid Feb....just wondering how long I should expect to wait...
Thanks!
Thanks!
The latest update that I received from Chrysler was that it had a ship date of
3-25-08 . It will take about 1 week after the ship date for it to get to the dealer which is about 40 miles from where they are built.It has been over 10 weeks since it was ordered.
The plant has been shut down 2 or 3 different times since we ordered.It was down 2 weeks in Jan.for inventory control.Then for a few days due to a plastic supplier filing bankruptcy, and for about a week at the end of Feb.beginning of March,due to TRW strike that makes suspension parts for the Vans.
Call this number 1-800-992-1997 and they will give you the status on your Van.
Ask them if they have a VIN number and a build or ship date yet?
Your dealer can also do this. Mine told me he didn't have time to check every week on the status.
Price is $36,000 plus TTL. OK???
Depending on the region you're in (rebates vary by region) you might get a slightly better deal if you can get a Friends discount from a Chrysler employee.
Here's what the price would be with a Friends discount, a $1,500 rebate and $500 bonus cash:
MSRP: $41,450
Friends Discount: - $4,137
Rebate: - $1,500
Bonus Cash: - $500
Net Price: $35,313
You can check at chrysler.com > Shopping Tools > Current Incentives to see if the bonus cash is available in your area.
As far as the Friends discount, ask around on some of the Chrysler, Dodge and Jeep forums (not just the ones on Edmunds). Many Chrysler employees are also Chrysler, Dodge and Jeep owners who visit the forums on a regular basis.
Here is pricing:
MSRP 32500
Invoice 29725
dealer price including my rebates is 25425. Payment $317 plus tax---haven't been to dealer for a breakdown of the payment yet.
We would still be at 17000 after 3 years.
We were going with the stow and go instead of the swivel and go. The 25-M package.
We didn't mention the friends code at the time because I wasn't sure we would get one.
We'll go back next week and bring up then friends discount then. I believe it should save us around $800.
Thanks RMBALISA!!!
Dave, Kim, Ryan and Claire
I'm new to this forum, but will try to figure out how to send you an email for the friends discount. My wife and I are looking at buying a T&C ASAP as I just found out I am being esnt out to Atlanta to help w/ the storms (I'm a claims adjuster). Plan was to get it done later this week, but now the timetable is moved up to today, if possible!
Everyone else on this forum,
Thanks for all the great info, I just found it last night and everything has been very helpful. I will post what deal I get whenever we get it done.
I am trying to line up a lease right now with the same incentives and a friends code. The most recent Lease quote I have is around $460 per month.
I plan on talking to more dealers but that is where I am today. MSRP is 33272.
I wonder why your MSRP was so much lower. I am looking at the TC touring 25M.
Thanks,
Dave Beitz
Mine was a 25K package with AT2 (Rear DVD) only, that is probably the difference. As a side note, the 25K package had a lower money factor than the other touring packages, which made the difference for us.
I think it is a mistake with GM and Ford still offering friends discount.
I am a Chrysler employee and I was a bit skeptical when I read this, especially since there has been no mention of it on any Chrysler employee website or anywhere else that I've read, other than this forum.
I just got off the phone with someone at the Chrysler customer assistance center (800-992-1997). She spent several minutes looking for any new information on the Friends program. She told me that there has been no announcement from Chrysler about discontinuing this program and that it is still alive and well for the 2008 calendar year.
BTW, if anyone still needs a Friends number I am all out for the year. Sorry.