2016 Jeep Cherokee Prices Paid

punklegpunkleg Member Posts: 6
edited November 2015 in Jeep
Just bought a new Limited with no options yesterday. Black Exterior. Black Leather Interior. MSRP just under $30K. Paid $7,800 under MSRP. $3,800 Dealer Discount * $4,000 in rebates including a $1,000 consumer cash rebate I got in the mail from Chrysler Jeep with my name on it. By far the best deal I could find in Bay Area CA and incredible discount for resale value. It is a very nice vehicle. The UConnect is first class and everything else designed very well. The 2.4 liter 4 with 184 HP is fast enough and the 9 speed tranny allows good gas mileage. They are moving these now and Thanksgiving Black Friday week great time to buy. Normandin Jeep Chrysler in San Jose. Good guys to deal with and best prices I found by far.
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  • steverstever Guest Posts: 52,454
    edited November 2015
    Congrats! Thanks for the numbers info.

    Please take a few minutes and write up a dealer review too.
  • punklegpunkleg Member Posts: 6
    BTW those rebates did not include the $1K existing lessee discount so if you had an existing Jeep lease you could have received $8,800 off of MSRP.  
  • ucjjgucjjg Member Posts: 28
    I'm looking at a 2016 GC SRT. Dealer claims that these are usually sold over MSRP and that selling at MSRP constitutes a "good deal". He also stated that customer discounts do not apply. Wondering if others have experiences to share. Thanks.
  • steverstever Guest Posts: 52,454
    Could be a regional thing but that sounds like he's puffing a little to me. There's not much difference between invoice and MSRP (invoice is kind of a fake number these days), and the average price paid for my region is between the two numbers. No incentives showing except for a lease incentive.

    Here's a screen shot - I also looked at a base in LA and got similar numbers - ~$2,000 off MSRP, not quite as low as invoice.


  • reedonereedone Member Posts: 12
    I live in Iowa so a good number of rebates weren't an option for me (substantially cheaper if I lived in Chicago). Yet another dirty move that leads to disgust w/ American car companies (btw: No one knows Jeep is owned by Fiat).

    So, Jeep Cherokee Latitude 4x4 30,355 MSRP = 26,600 out the door (bought at 25k). + 3 oil changes/tire rotations/car washes.
  • steverstever Guest Posts: 52,454
    Congrats @reedone and thanks for the numbers.

    Here's hoping to no more car wrecks!
  • reedonereedone Member Posts: 12
    stever said:

    Congrats @reedone and thanks for the numbers.

    Here's hoping to no more car wrecks!

    Thanks!
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