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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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#541 of 661
Deals on 2009s by dfy8811
Feb 04, 2009 (12:59 pm)
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Has anyone heard of any good deals on 2009 GC Limiteds?
 
I was quoted 28,895 for a GC Limited, 5.7L Hemi using Balloon Financing.
 
Trying to gauge what I should counter with. Anyone have thoughts?
#542 of 661
Re: lease buy out [schimmey] by verdugo
Feb 04, 2009 (1:02 pm)
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Replying to: schimmey (Feb 04, 2009 6:19 am)

I think the dealer is asking waaaay too much.
 
I'm assuming the ex-rental is an 08, right? Go over to the forum about trade in values and post (make sure you provide the required info). I'm pretty sure it will be lower than $20k.
 
All things being considered, I rather buy a vehicle with 258 miles than an ex-rental with 13,000.
 
Why is the guy selling such a new car? Is there something wrong with it? At least you have the peace of mind of factory warranty. Although, the lifetime power warranty is not transferable.
#543 of 661
Re: Deals on 2009s [dfy8811] by melram
Feb 04, 2009 (4:40 pm)
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Replying to: dfy8811 (Feb 04, 2009 12:59 pm)

I just looked into leasing a 2009 Grand Cherokee Limited but realized the money factor and residuals are really bad and leasing is not an option. I am also considering buying a new one but have not negotiated on the price below. The dealer sent me the following information on the vehicle but I figure I can get him down some more since they aren't selling very many.
 
MSRP - $42,645.00 List price
                $39,475.00 Invoice
                $37,719.00 Employee Price / Sale Price = $4926.00 from MSRP
                $5,500 Rebates
                $32,219 Purchase Price
 
What was the MSRP, Invoice, Employee Pricing and rebates on your deal?
 
Thanks
#544 of 661
Re: Deals on 2009s [melram] by dfy8811
Feb 11, 2009 (8:53 am)
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Replying to: melram (Feb 04, 2009 4:40 pm)

Don't have the information on hand but rebates sounds similar, only that with the balloon financing offerred in Long Island, you qualify for lease incentives which turn out to be an addition 3,500 or so.
 
If financed at 0% I would imagine the Purchase Price would be similar to yours.
#545 of 661
Re: Buying a 2008 Grand Cherokee need some help [paule] by schimmey
Feb 11, 2009 (9:16 am)
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Replying to: paule (Jan 28, 2009 9:19 pm)

I just purchased a 2008 Grand Cherokee Laredo with X26 and 250 miles on it (part of Chrysler Buy Out package that they had to sell). The price I paid was 21,500.
The Credit Union said by NADA ratings it was only worth 19,025, I had to purchase gap insurance for 250.00 to cover the difference between value and loan ... my new wonderful Jeep is worth it to me, I love it and truly believe that owning a Jeep (this is my third) is definetly a 'Jeep Thing' that only us Jeep owners can understand
#546 of 661
2009 Purchase Timing by paule
Feb 11, 2009 (6:17 pm)
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Anyone have any opinions on when I should purchase an '09 GC Overland?
 
I was planning on waiting until April thinking that the government will have either pulled Chrysler's loan or given them some more money by then (March 31st is that date).
 
Also, Jeep will probably unveil the new version by then and I'm somewhat interested in seeing what it looks like. However, I doubt that would affect my decision any.
 
I've always felt the longer you wait, the better the discount you'll get. I'm not so sure in this case. Auto sales were terrible last month and I think the dealers are probably pretty desperate right now.
 
I'd like to get $12k to $14k off of MSRP. I may be dreaming but I'm looking at a $45k MSRP so I'm guessing they have a bit more room to come off of MSRP as compared to a 26X package.
 
Any thoughts?
#547 of 661
Re: 2009 Purchase Timing [paule] by verdugo
Feb 11, 2009 (8:19 pm)
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Replying to: paule (Feb 11, 2009 6:17 pm)

If you don't think that the new model will affect your decision, I say to go for it now.
 
Why? B/c at some point production levels will match demand, and the rebates will go down. And as you say, the market is in the tank. I say you should buy on the last day of the month.
 
Let us know what you decide.
#548 of 661
Re: 2009 Purchase Timing [paule] by melram
Feb 12, 2009 (6:28 pm)
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Replying to: paule (Feb 11, 2009 6:17 pm)

Paule,
 
I also have been looking at purchasing 2009 Grand Limited. The dealers have told me that between rebates, employee pricing and the financing offers, they have never seen any better incentives out there for Jeep’s. Two of the Jeep dealers I spoke too don't believe the incentives will get much better next month but could get worst based on them ending employee pricing. Not sure if the rebates will stay the same or increase but you can qualify for $6,250 in my area right now. I think you could come very close to the $12M off MSRP without to much haggling. I had a dealer try to unload 2009 Jeep Grand Cherokee SRT8 on me the other day with sticker of $47,500. He offered $36,800 with the rebates and employee pricing. I loved the car but it was too expensive. I very well could of got him to come down if I was serious about getting this vehicle.
 
Let me know what you decide
#549 of 661
Re: 2009 Purchase Timing [melram] by paule
Feb 12, 2009 (8:41 pm)
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Replying to: melram (Feb 12, 2009 6:28 pm)

I'm really starting to lean in the direction of pulling the trigger now.
 
My plan is to fax/e-mail an offer of purchase with exactly what I want (color mainly since I'm looking at an Overland) to most dealers within a 400 mile of my house since I'm in the middle of nowhere (SW Colorado).
 
Basically, I'm asking them for their best price mentioning that I'm having multiple dealers quote and see what I get.
 
Verdugo, you're right on with the end of the month. I'm going to target the last week of the month.
 
Thanks for the opinions.
#550 of 661
Re: 2009 Purchase Timing [paule] by verdugo
Feb 13, 2009 (11:21 am)
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Replying to: paule (Feb 12, 2009 8:41 pm)

Sounds like an excellent plan. Let us know how things turns out.
 
And I agree with melram, my gut (not based on anything else) doubts that incentives will get much better.
 
Best of luck.

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