Chrysler EC Plan
olivegreen
Member Posts: 6
Hello,
We have the availability of a Chrysler EC (Employee Choice) Plan.
(1)Question: How does work?
Do we have to take what is on the lot or can we order exactly the color/features we desire?
What is the "EC" price & how is that determined?
(2)Can the EC Plan be used in conjunction with OTHER "incentives" such as rebates, etc.
(3) Bottom line: How would we know we would be getting the BEST price and not just some arbitrary number pulled out of thin air... you did take note of my skepticism of auto salespersons'??
Thank you in advance for any and all help.
Olive Green
We have the availability of a Chrysler EC (Employee Choice) Plan.
(1)Question: How does work?
Do we have to take what is on the lot or can we order exactly the color/features we desire?
What is the "EC" price & how is that determined?
(2)Can the EC Plan be used in conjunction with OTHER "incentives" such as rebates, etc.
(3) Bottom line: How would we know we would be getting the BEST price and not just some arbitrary number pulled out of thin air... you did take note of my skepticism of auto salespersons'??
Thank you in advance for any and all help.
Olive Green
0
This discussion has been closed.
Comments
First, "EC" stands for Employee Choice. Every Chrysler employee is permitted up to 6 discount purchases per year on most Chrysler, Dodge and Jeep vehicles, excluding the following models: Dodge Sprinter, DC 3500/4500 Cab Chassis Truck, Dodge SRT10 Coupe, Jeep Grand Cherokee SRT8, Jeep Wrangler 4DR.
Two of the six discounts can be designated as Employee Choice for the employee to give to someone who would not normally qualify for the employee discount (non relatives).
To obtain one just contact a Chrysler employee. The employee will have to register the buyer online and then the control number will be issued. I just did this for a friend last week and the info the website asks for is this:
1. Buyer's first and last name
2. Complete address, including zip
3. Date of birth
4. Phone #
5. SSN (last 4 digits only)
6. Email address, if you want the control # automatically sent to you
7. Relationship (if any) to employee
8. Vehicle you're interested in purchasing
The EC price is the same as the EP (employee purchase) price listed on the invoice that the dealer should show you on request, plus a $200 program fee.
If you'd like to know what the discount price on a particular vehicle would be before even stepping inside a dealership an employee can look that up if you ask nicely.
Go to www.chrysler.com and click on the Build My Own link and configure what you want. Make a note of whatever packages and options you want and then relay that information to the employee. He/she can access the same link through the employee website but it will show them the discount price as they go. They can then tell you the exact price, including delivery fee, of what you want. It should exactly match the EP price on the invoice at the dealer, that I mentioned earlier.
To answer some of your other question, you can either select a vehicle off the lot, have the dealer do a search in the surrounding area (you can do this yourself at the Build My Own link) or order one from the factory if you want to wait 6-8 weeks.
Any rebates currently available on a particular vehicle can also be applied to the EC price. I recently bought a Sebring and it included a $1,000 rebate. Combined with my discount I saved over $4,000 off the nearly $30,000 MSRP.
Another advantage of the discount that many people don't seem to know about is that it also applies to any extended warranty you might decide to purchase. I didn't get one (yet) for my sebring but I think I could have saved around 25% off the price.
With the current lifetime powertrain warranty being included for free in most Chrysler vehicles you have to decide if you think it's worth the investment. I read somewhere recently on Chrysler's extended warranties that if you never use it you get your money back at the end of the warranty period.
Your very detailed answers brought up more questions, but will hold off until I have more information about the availability, exactly what he has, etc. Seems what you are describing isn't what he told us he has. Won't have the paperwork in our hands until end of the month/early December.
Thank You
Olive Green
One of the rules on giving out the EC numbers is that the employee cannot be compensated for it. Bad things can happen if Chrysler learned that people were making money on the side off this.
Anyway, the program is free. Employees don't get any bonuses or anything for giving these out. I would gladly give you one but I just gave out the last of my two for the year a few days ago.
Keep posting on different forums and I'm sure someone will be glad to help you out.
Without knowing what the price is through your job plan and also not knowing exactly how you want the T&C configured it would be impossible for me to say what the difference in price is.
Here is an example of what someone with the EC control number could expect to pay versus MSRP. This is based on a 2008 T&C Limited with no other options.
Base MSRP (including destination): $36,400
Employee Choice price: $30,820
There is also a $200 EC program fee in addition to that.
I have found a tremendous amount of information here. Our lease end is coming up on our 05 Grand Caravan SXT. We used to live in Northern Delaware near the Chrysler plant and finding a relative, friend, or friend-of-a-friend with an extra EC number near year-end was not too difficult. Well, now we live many states away and are seeking a good samaritan with an extra EC to bestow upon us. If there is anyone out there that could help we'd be much obliged.
Thanks to everyone here that takes the time to post so much useful information!
Im currently looking to buy 2008 T&C Limited ( or touring with package 25M ) this weekend.
I would greatly appreciate the help of anyone out there with a EC or Friend ( 1% below invoice )code
I was originally looking at Honda Oddysey but when my 3yr old son saw the commercial for swivel n go seat with the TABLE , he literally begged me to buy the T&C for 3 days using his limited vocabulary lol
He thought it was the coolest car he has ever seen..
With a 3 yr old and a new one coming soon I think its time to give up my xterra and go for a more family oriented car..
I can also promise that this code will be used as my son will not take any other car without swivel n go with the table lol
thanks again for your help in advace!
My email is tradingdiablo@hotmail.com or you can use my carspace PM vex321@carspace.com
I can provide you with all the personal details through email
p.s. Im in NY if that matters..
You are in the exact same situation as me except for the fact that you have an EC code lol
I think the 2008 T&C is the best thing ever made on wheels for parents (well other than strollers ) , I cant wait to walk into a showroom this weekend for a testdrive..
Since Mr.Tedebear is hooking me up with a friend program , I guess Ill end up picking up the touring with M for about $28,000..which is still a great deal as I was considering oddysey EX for about the same price with a LOT less option lol
Anyway thanks again for your reply Im sure I wont be disappointed!!
Vex321, there really isn't that much difference in the discount price between the EC and Friends. Did you see my recent message where I configured a 2008 T&C Limited and listed the MSRP, the invoice price, the EC price and the Friends price? There was only $388 difference between the two discounts.
When you consider how long you'll keep the vehicle you're talking maybe a few cents per day difference. LOL - I'm starting to sound like a salesman.
If you want to know the exact difference in the vehicle you're purchasing, go to chrysler.com and click on the Build My Own link. Make a note of the options, including color, that you want and either post the details here or email it to me on my carspace.com email box. I'll tell you what the EC price is and the Friends price.
Okay, to anyone else who might read this. I'm all out of EC and Friends discounts for 2007 and my two EC numbers are already reserved for 2008 - sorry.
Once again thank you for helping me with the friends program
I think I may be mistaking here but 4% difference on EC and Friends of about $30 grand is roughly $1000 no? ( with the $200 fee of course )
This is the way I figured this.
The current model I am going to purchase this weekend is as follows
2008 T&C Touring
Black
25M
Security group
Swivel and go seats
This build comes out to exactly $35000 with an invoice price of $31915
With the current incentive it is $30415
With EC which is 5% below invoice it comes out to $28895
With Friend which is 1% below invoice it comes out to $30111
Im including the destination prior to reducing the discount program ( not sure if Im doing this right or not though )
Dont get me wrong , Im am truly grateful for for the friend program that youve given me Mr.Tedebear
Im just curious as to how you got a difference of only about $400 opposed to about $1200 from my calculation...
400 or 1200 , for the length of the time I will be keeping this car , it wont make a huge difference to me.
Lastly what do you think my chance of trying to get further discount even after the friend discount?
One of the poster on top stated he was able to buy a similar model with EC for about $27000 which is about $1800 less than my calculation..
Anyway thanks again!
Thanks,
Rick
99jxi@carspace.com
Tedebear is correct. EC is not a straight 5% off invoice. Both the PP and EP prices are displayed right on the invoice. These are the prices. They are not a percentage of invoice. You will save more with EC over PP but it boils down to hundreds not thousands especially after you add the $200 fee that comes with the EC price.
I agree that the swivel n go is very cool. However, we stuck with the stow n go (this is our 3rd T&C). The stow n go is much more practical for our lifestyle. The swivel n go seats need to be taken out of the car if you need the space rather than folding into the floor. My boys wanted the swivel n go. I asked them what they would use it for. My oldest replied 'to play cards'. I asked him when was the last time he played cards and he couldn't remember. He was at least thinking quick on his feet and replied 'I guess now I'll play more cards.' The youngest almost cried when we didn't get the swivel n go. Last time I checked I was the one paying for the car and I don't ever remember my parents asking me for car buying advice when I was a kid. I'm still the cool dad with Sirius backseat TV. BTW, you can't see the TV if you are facing backwards.
Black
25M
Security group
Swivel and go seats
I went to the employee website and configured a vehicle based on your list using the EC discount and then the Friends. The results are shown below.
MSRP: $35,000
EC: $29,856
Friends: $30,412
Both of the above discounts include the $730 destination and a current rebate of $1,500. Add a $200 program fee to the EC price that would be added by the dealer to anyone who is not the actual employee or a close relative. There is no program fee for the Friends discount.
Have called the Employee Advantage phone no, and employee, both have no information on this.
Anyone have information regarding the Employee Choice Program for 2008??
No one from Chrysler has said or posted that the program will be discontinued anywhere that I've seen. Ask the salesman to show you any official notice from Chrysler that says the EC will be discontinued after this year.
It's sort of like the rebates right now that end on 01/02/2008 - those will end on that date but I'm sure new ones will be coming out but who knows for how much and on what vehicles.
Here is what Chrysler has to say at the end of the of the EC rules list:
Chrysler reserves the right to modify or discontinue the Program at any time without notice and retains discretionary authority to interpret and construe the Rules and Provisions of the Program.
Thanks!
Update (yes, I'm replying to myself): :P
I just heard today from official sources at work that the EC discount program will be ending at the end of this year. Anyone who has an EC number that they received this year can use it until the close of the business day on 01/02/2008.
I was told that the Friends discount program will remain the same for next year, at least for now. I've done many price checks comparing the two programs and they are usually within $300-$400 of each other.
Thank you for giving me the Friends Program Number.
We found this at our local dealer and would like to know if you can help provide the Friend's Program pricing.
2008 Grand Caravan SXT
Black
28N
Trailer tow prep group
Premium interior group II
4.0-Liter V6 SOHC engine
Thank you very much,
Ray0301
Black
28N
Trailer tow prep group
Premium interior group II
4.0-Liter V6 SOHC engine
MSRP: $37,185
Friends: $32,339
The discount price includes a current rebate of $1,500 in your area, which expires 02/29/2008. Discount price quotes are provided as an estimate only. Ask the dealer to show you the actual invoice that will list the discount price right on the sheet, which they are required to do if you walk in with a discount control number.
ray0301
I'm not sure what the dealer needs to verify because the discount is shown right on the invoice - ask to see it.
Besides, I used the xxx51 zip code you gave me when I registered you for the Friends program to figure the discount price. It should be very close to what the PP (Preferred Pricing) discount shows on the actual invoice at the dealer.
Remember to subtract an additional $1,500 rebate off the PP price on the invoice.
Thank you.
I am seriously looking at a 2008 Dodge Charger R/T with no options or maybe just the popular equipment group. I have no idea what kind of money advantage the family and friends pricing is, but I assume that it is better than price fighting with a dealer. Does anyone know how much the savings would be? I know that Dodge is showing a $3000 rebate currently. I hope I posted this in the right forum area.
Thanks
Go to www.dodge.com and click on the Build My Own tab. Post a list of any option you add that isn't included in the R/T package. Include the total MSRP, the color you want (some premium colors cost extra) and your zip code.
Although the MSRP stays the same, discounts and rebates vary by region, so if you want an accurate quote I need to know the area you're in.
I will look up the Friends discount price and post it here for you.
08 Dodge Charger R/T $30,755
Inferno Red paint $225
Popular Equipment Group $1,530
Destination Charge $675
Total with options $33,185
60087 Area code
Thanks
Popular Equipment Group $1,530
I went ahead and configured one without that option, which shows a different MSRP.
08 Dodge Charger R/T $30,755
Inferno Red paint $225
Destination Charge $675
MSRP: $31,655
Friends: $26,041
The above discount includes a current $3,000 rebate which expires on 02/29/2008. Discount pricing is provided as an estimate only. Ask the dealer to show you the actual invoice, which shows the Friends discount on the sheet.
The Friends price is 1% below dealer invoice plus any rebates or other current incentives. You can look up the invoice price on Edmunds.
I've already given out my 6 Friends discounts for 2008. I've been telling people to post their request on various other Chrysler, Dodge and Jeep enthusiast forums (not just Edmunds - do a Google search). Many Chrysler employees are also Chrysler, Dodge and Jeep owners who surf the forums.
Thanks
My Jeep Wrangler was recently totalled and I am currently in the market for a new one. However, my insurance company did not pay nearly enough to buy a comparable vehicle. I decided to buy a new one and would greatly appreciate a friends and family control number to assist with this process. Thanks in advance for any assistance you can provide.
James
James
You might ask rmbalisa@carspace.com, who recently said he still has a few left.
:confuse: :confuse: :confuse:
The employee discount numbers are valid for the entire calendar year.
Also, the EC (Employee Choice) program ended at the beginning of this year. There is a Friends discount available, which is approximately 1% below invoice, plus any other rebates or price incentives.
There is also an EP (Employee Purchase) program but you must be a close relative of the actual employee to qualify for it.
Finally, there is a CDI (Certain Designated Individual) program, which allows an employee to give out ONE control number to someone. They can use that number to purchase a vehicle at the employee purchase price. There is a $200 program fee added to this but the discount is slightly better than the Friends program.
I hadn't heard about the CDI program until I looked it up just now. It says the following are eligible for the CDI discount: All Chrysler Executives,salaried and hourly employees, Retirees, Chrysler Financial and Cerberus Employees. I thought it was open to anyone.
The dealer will have the actual price for each of these programs printed on the invoice. If you have a control number you may request to see it.
The program runs Aug. 11 - Sep. 30. A Chrysler employee can give out ONE control number to anyone but it must be used by Sep. 30.
The following vehicles can be purchased under the program: All Chrysler, Jeep and Dodge branded vehicles are eligible for purchase or lease under the CDI Program except for Dodge Sprinter, Grand Cherokee SRT8, Dodge Challenger, Dodge Viper Coupe, and Dodge Viper SRT10 Coupe.
The CDI extends Employee Pricing to the recipient of a CDI number. The Employee Pricing level is approximately 4% - 6% below factory invoice or 8% - 14% below MSRP, depending on the vehicle model being purchased. The customer will incur a $200 processing fee for using this incentive.
Please?
Thanks
Julie