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Jeep Cherokee (All) Prices Paid and Buying Experience

661 messages,  Last post on Nov 08, 2009 at 7:12 PM

You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx

What is this discussion about? Jeep Cherokee, Jeep Grand Cherokee, SUV


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#331 of 661
EP by klanger83
Dec 19, 2006 (7:34 pm)
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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?!?!
 
Thanks!
#332 of 661
Re: 2007 Grand Cherokee Limited - Price Paid [britgeezer] by jerry50
Dec 20, 2006 (7:43 am)
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Replying to: britgeezer (Dec 18, 2006 5:48 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.
#333 of 661
Re: 2007 Jeep Grand Cherokee Limited - Price Paid [dnj] by geeves
Dec 21, 2006 (5:17 pm)
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Replying to: dnj (Dec 16, 2006 5:59 am)

can you tell me more about the $1000 rebate you mentioned? Do you have to be on a mailing list? I currently own a 2001 Jeep and would think that I'd be on the mailing list. I just got quoted the following, from a dealer on Long Island, and I'm looking to see if I can lower my cost a bit and close the deal:
 
Lease - 39 months 15K/year
 
Jeep Grand Cherokee LTD, with Park Sense, Uconnect, Sirius......$527.03 a month
 
Jeep Grand Cherokee LTD, with Park Sense, Uconnect, Sirius, 17" Chrome Wheels....$538.03 a month
 
These lease figures include all taxes and costs with the exception of registration/title fees.
 
or
 
Purchase Price
 
Jeep Grand Cherokee LTD, with Park Sense, Uconnect, Sirius......$32,578 (After rebate before tax)
 
Jeep Grand Cherokee LTD, with Park Sense, Uconnect, Sirius, 17" Chrome Wheels....$33,298 (After rebate before tax)
 
I know the $3500 rebate is calculated in these costs, but not so sure on the $1000 rebate you mentioned. If I knew more about it, I may be able to question them on it and possibly save a few bucks.
#334 of 661
Re: 2007 Jeep Grand Cherokee Limited - Price Paid [geeves] by britgeezer
Dec 21, 2006 (7:53 pm)
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Replying to: geeves (Dec 21, 2006 5:17 pm)

Your pricing is about the same I am offered in NJ. However I don't think you are quite correct in what you are saying, but maybe you are.
 
If the lease is truly $0 down other that first payment and title/reg, the lease numbers are pretty good, but if you are putting anything in to the lease up front beyond title /reg, they look on the high side.
 
How much for reg /title fees?
 
NY has Sales / Use tax, so you are paying about $1400 somewhere for that alone and that gets rolled into your payments.
 
The $1000 doesn't seem to be mailing list or even all previous lessors, the dealer can find out from Chrysler if you are on the list and lost it in the mail - if you trust them.
 
There is no current incentive for financing hence the attractive lease, that may swap around in Jan/Feb
#335 of 661
Re: 2007 Jeep Grand Cherokee Limited - Price Paid [geeves] by dnj
Dec 22, 2006 (4:14 am)
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Replying to: geeves (Dec 21, 2006 5:17 pm)

Geeves,
 
The $1,000 rebate, in my case, came in the mail from Jeep. Based on how it was addressed I can tell they used the information I entered into a web form requesting a brochure (this was months ago). The rebate was good until 1/02/07 and was for most vehicles (not the SRT-8 or the Wrangler Unlimited).
 
Hope this helps.
 
DNJ
#336 of 661
Is this a good deal by 4jeeps
Dec 27, 2006 (12:16 pm)
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I currently have a 2004 Grand Cherokee Special Edition with 8 months remaining on the lease. I was offered the following deal by my dealership.
First, I can walk from my current lease paying only for any excessive damage.
Second, 2007 GC Laredo with only fog lamps as an upgrade.
30,450 MSRP - 39 month lease - $417/mo before taxes - no down or security deposit.
Any thoughts on if this sounds like a good deal or do I have some negotiating to do?
#337 of 661
Re: Is this a good deal [4jeeps] by bigrun
Dec 28, 2006 (2:34 pm)
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Replying to: 4jeeps (Dec 27, 2006 12:16 pm)

I just leased a brand new 2007 Grand Cherokee Laredo for 27 months. I put NO money down.I got it out the door for $310.00 per month with 10,500 miles per year.. I feel like I recieved a great deal. Negotiate!
#338 of 661
Grand Cherokee Lease - Just Signed by jewell06
Jan 01, 2007 (9:56 am)
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Hi I just signed this lease in No. California:
 
2006 Grand Cherokee
39 months, 15k per year (with 39 mo/50K mile warranty)
MSRP: $28,235
GRS CAP: $21,803 (18,235 + 700 acq fee + 390 xtra warranty + 2,475 leather and sunroof added)
MF: .00313 (7.51%)
RESIDUAL: 40%
MO. PAYMENT: $396.98
------------
No money down, just first payment and reg. fees = $698.73
 
GREAT DEALERSHIP!!
#339 of 661
is this a good deal?? by loppyd24
Jan 17, 2007 (7:59 am)
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I am in the process of obtaining a new jeep grand cherokee 2007 lease. Currently i have a 2004 Jeep grand cherokee freedom edition.the buyout at the end of the lease is 11982. im paying 325.00 a month and have six payments left.(1950) also i have 10,000 over my miles at .15 so 1500.$ in mile overages. i looking for the best option to get out of this and get into a new GC or refinance at lease end??
 
the dealer came back with this.
MSRP 30,300
he will pay out the remaining 6 payments and milege and give me a 3500.00 check for it.
I will only be responsible for damamge.
 
my cap cost is 25,599.
i am giving 1300.00 down
they are paying all tax title ect.
 
bottom line 374 a month 39 months 12,000 a year.
 
someone help.
#340 of 661
Re: is this a good deal?? [loppyd24] by kyfdx HOST
Jan 17, 2007 (8:38 am)
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Replying to: loppyd24 (Jan 17, 2007 7:59 am)

This is what worries me about your deal...
 
The dealer isn't taking your old vehicle in trade... If he is giving you a check for $3500, then that means you could lease the new vehicle for that much less money, if the dealer didn't have to compensate you for your remaining lease costs. In other words, $3500/39mo., means the actual cost to lease that new Jeep is about $285/mo.. The rest of the payment is there to pay for that $3500 check.
 
The other part that worries me? Since he isn't taking your vehicle in trade, you'll be returning it to the bank (Chrysler Finance?). Turning a vehicle in early will sometimes generate higher costs than what you will incur at the end of the lease period. You should check with the bank to make sure you won't be on the hook for some open-ended amount. Most lease contracts don't allow for just paying the rest of the costs and turning the vehicle in early.
 
If your costs turn out to be exactly what you think, then this may be a decent deal for you... If you think it is, then I would ask the dealer to make the same deal, but take the vehicle in trade, so that you don't have to worry about any end of lease charges..
 
regards,
kyfdx

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