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You are in the Prices Paid - Buying & Leasing Experiences
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Jeep Cherokee, Jeep Grand Cherokee, SUV
#323 of 892 2007 Jeep Grand Cherokee Limited - Price Paid
Dec 16, 2006 (5:59 am)
Thanks to everyone who posts their experiences..
2007 Jeep Grand Cherokee Limited purchased 12/15/06 in Central New York
Trailer Tow Group IV
P245/65R17 OWL Tires
Negotiated Price: $36,538 - $4,500 = 32,038
Taxes and Tags extra of course (painfully extra)
(note: the $4,500 comes from $3500 rebate and an extra $1,000 sent as a "private offer" from jeep. I'm guessing the "private" offer goes to anyone on their mailing list...)
#324 of 892 2007 Grand Cherokee Limited - Price Paid
Dec 16, 2006 (6:34 pm)
Just signed up for the following:
Grand Cherokee Limited - Trailer Tow IV Group, Navigation Group, Quadra Drive, Hemi, Sirius Radio MSRP $41,850
Dealer discount of $3650, Jeep rebate of $3,500.
Traded a 2004 Mountaineer Premier with 53,000 miles, worn tires, few dents / scratches - gave me true Kelly Blue Book trade in value of $13,000.
$21,700 difference plus PA 6% tax, $115 plate / title transfer fee.
The Lincoln Mercury dealer, where we purchased the 2004 Mountaineer at, had a 2007 Mountaineer Premier, MSRP of $35,869 with V6, Navigation and Sirius radio. Deal was $22,800 difference for a vehicle almost $6,000 less MSRP in comparison to the Grand Cherokee. Rebate of $1,000, $1,200 dealer discount and $12,000 trade in value. Passed on the deal and ran out!
#325 of 892 Re: 2007 Grand Cherokee Limited - Price Paid [garsarno]
Dec 17, 2006 (8:54 am)
Thats a great deal on the purchase, basically $100 over invoice.
I suspect they thought they could turn your Mountaineer quickly for profit, they have to make their numbers somewhere.
Does PA charge you tax on the Jeep rebate?
#326 of 892 Re: 2007 Grand Cherokee Limited - Price Paid [britgeezer]
Dec 17, 2006 (2:16 pm)
According to the contract, tax (6%) was on the difference between the adjusted price and slightly inflated trade in value of my Mountaineer
MSRP - $41,850
Net - $35,499 (with discounts and rebate)
Trade $13,800 (Kelly Blue Book $13,325 but there are some
scratches in the body so the first
valuation was $13,000)
$ Diff $21,699
Tax on $21,699 = $1,301.94
#327 of 892 Re: 2007 Grand Cherokee Limited - Price Paid [garsarno]
Dec 17, 2006 (4:04 pm)
So it seems you were not charged PA tax on the "value" of the rebate. I wonder if this is a real NJ tax or a dealer come on?
Any other NJ buyers or leasers have experience of this?
#329 of 892 Re: 2007 Grand Cherokee Limited - Price Paid [britgeezer]
Dec 18, 2006 (5:15 am)
Maybe the dealer can put the rebate and discount into the value of your used car, inflating it.....
#330 of 892 Re: 2007 Grand Cherokee Limited - Price Paid [garsarno]
Dec 18, 2006 (5:48 am)
I doubt dealers would /could play that game, anyway I have a current lease - so no trade.
Dec 19, 2006 (7:34 pm)
Does anyone know how much you get off in relation to invoice for employee purchase?
Also how much the military discount is?
Also whats this I hear about 1000 cupuons that were sent out recently to current chrysler/dodge/jeep lessess? anyone have an extra?!?!
#332 of 892 Re: 2007 Grand Cherokee Limited - Price Paid [britgeezer]
Dec 20, 2006 (7:43 am)
I have purchased several new Grand Cherokee's for family members in MD. over last several years, most recently an 04 GC, because of durability and vehicle features. I have paid several hundred dollars below the invoice cost on each by going into dealer hold-back money which is about 3% of MSRP. 3% hold-back of 30 K MSRP is 900 dollars, this you can try to play with, especially if dealer needs to move units. Better in your pocket then his I say.
End of month is best time from my experiences, your sale may be the one that gets dealer to factory target, so he may be more willing to take less from you knowing that additional factory money will be coming his way and all are happy. He will also make $$ on your trade-in, so he is making money, just not as much from you.
I also agree on a delivered round figure price to buy, to keep it simple, stressing that we will include rebate/incentives afterwards to arrive at the purchase price. State tax and tags can then be discussed. This way if I said 26,000 K delivered, it includes the several hundred dollar advertising costs which they will add-on when in the business office, eliminate surprises as much as you can to help control the overall experience to your liking. This approach has worked for me and hope this helps you, GOOD LUCK.