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Prices Paid: Buying & Leasing Experiences Jeep Cherokee (All) Prices Paid and Buying Experience
453 messages, Last post on Jun 29, 2008 at 11:55 AM
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Hi gang, I don't know if this is the right place to ask this question, but my Cousin, who lives in Jacksonville FL, purchased an used 2001 Jeep Grand Cherokee (V8) with 58,000 miles on it last Saturday from Arlington Toyota in Jacksonville FL. His term is for 72months at 10.72% apr His purchasing price (which I thought was high) was $18,999. But the biggest problem that I had was with the extended warranty cost that I found in the contract. After faxing me over his purchasing invoice, I noticed that they charge him $2,545!!!! for an extended warranty. I totally believed that they took him for a ride. Since his English is not that good, I am convince that the finance manager took complete advantage of him. No only I think that $2,545 is far too excessive for an extended warranty, but I think that it is definetively worthless, do you guys agree??? I am planning to write a letter to Toyota and to the dealership itself to complain about the deceptive tactics of the manager, but I wanted to see if you guys know if you can get a refund after buying an extended Warranty, or have that charge taken off the total price financed. Any ideas or experiences will be greatly appreciated. Thanks
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Replying to: hofmannp (May 04, 2005 11:57 pm) My husband and I used the college grad rebate and no it's not to good to be true. The dealership we went to was not even aware of it (very rural area, not too many college grads looking at GC around here) until I brought it to their attention. We used that plus the 2500 cash back (this was in March) and declined the 1000 CFC. With my trade and TTL, our Laredo 4X4 with F package, Quadra trac II, All Terrain tires, tow hitch, and ESP (MSRP$33,110.00) came to approx $24,000.00. They would not let us combine the college grad discount with the firefighter discount, said the two were not combinable. All in all I was pretty happy with the deal. |
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Replying to: rjorge3 (May 31, 2005 10:32 pm) He may have been taken, but we can't determine that without more information. Not trying to be critical, but it sounds as if the dealership may have taken advantage, but if he is of legal age and sound mind and can enter into a legally binding contract, it may be too late to unwind the deal. Wish he could have gotten some advice before or at least during the negotation stage, might have been able to save him. Also, why would anyone finance a 4 year old vehicle for 6 years? Is the financing through a bank, credit union or Chrysler Financial? |
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All, Bought my Jeep Grand Cherokee. 28X Package Red,Khaki interior, Leather, sunroof, power seats, power pedals, 245 65 tires, satellite radio, 6 changer CD,MP3 Player.... MSRP 34,805 Price paid 25,300 Trade was 95' Grand Very Happy great seats love stereo needs a Sub though. Love the stereo controls on the wheel. Nice ride I'm seeing more and more on the rode. No other SUV compared in style and comfort! |
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I'm seeing some great prices, as I'm looking for an '05 (or '06, I want the Dynamic Handling System) with the K package so that I can get the Hemi, along with the Side Airbags as my only other option. But are the prices everyone listed fair game for leasing as well? |
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I bought a new Rocky Mountain Jeep on May 25 and took delivery on the 26th. Here is a breakdown: 2005 Jeep Grand Cherokee Rocky Mountain Edition (28Y package) Trailer Tow Group IV Off Road Group (skid plates & tow hooks) Electronic Stability Program 4.7L V8 MPI Engine -Quadra-Trac II Active Full-time 4WD AM/FM Stereo w/In-Dash 6-Disc CD/MP3 Black Crystal Clearcoat Medium Slate Gray Interior MSRP ($35,900) +Title Fee (25) +Document Fee (144) +NH tax (0) --------------------- = (36,069) -Rebates (3,500) --------------------- = (32,569) -Negotiatiated Discount (3,626) --------------------- =Price Paid: ($28,943) So I paid 80.62% of MSRP (I saved $7,126) 
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Replying to: dbarnes727 (Jun 11, 2005 1:39 pm)
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A reporter is interested in speaking with current Cherokee owners about their major likes, dislikes, price paid and other vehicles considered. He will also want to mention your name, city and state. If you are interested in speaking with this reporter, please send your name and daytime phone number to Pam Krebs, Edmunds.com PR, at pkrebs edmunds.com before Wednesday, July 6. Thank you.
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Replying to: catluvr (Jun 22, 2005 2:24 pm) I was up front and honest with the salespeople, I told them I was shopping around for the best price and even looking at different vehicles. With all the resources available on the internet, I knew about what the dealer paid and I offered them a fair profit.
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Replying to: dbarnes727 (Jun 29, 2005 7:38 am) Thanks much for the input. Have found some advice on a couple websites: www.carbuyingtips.com and www.fightingchance.com. These websites can go into a bit of info overload, but for the most part, I've found them helpful. One of them, I forget which (Fighting Chance?) will tell you what sort of dealer holdback is on the vehicle, so you have more info for negotiating. My husband and I are interested in purchasing a JGC w/ the 26Y-Rocky Mountain package, seems to have all the options we're looking for, and at a pretty reasonable price. Yahoo! Autos and this Edmunds site have provided me with a couple of printouts. Can you suggest any others? |
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