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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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#557 of 661
Re: lease buy out [ronaldc] by raffiem
Feb 20, 2009 (8:01 am)
Reply

Replying to: ronaldc (Feb 02, 2009 4:20 pm)

My 06 Laredo is coming due may 1st. they lowered the buyout by 1900 to $15,500. I offered $10k. They sounded happy and went away thanking me. Is this worth it? I know they dont want the car back but this would save me some hassle.
 
Is it worth calling Chrysler Financial to make that offer firm?
#558 of 661
Re: lease buy out [raffiem] by verdugo
Feb 20, 2009 (2:20 pm)
Reply

Replying to: raffiem (Feb 20, 2009 8:01 am)

How many miles do you have? Has it been reliable?
 
I have an 08 Limited with 9k miles, and I'd be lucky to get $15k for it right now.
#559 of 661
Re: lease buy out [verdugo] by raffiem
Feb 23, 2009 (5:53 am)
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Replying to: verdugo (Feb 20, 2009 2:20 pm)

34K...no problems thus far. told them I's take it for 10 but no word yet.
#560 of 661
Re: lease buy out [raffiem] by verdugo
Feb 23, 2009 (9:11 am)
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Replying to: raffiem (Feb 23, 2009 5:53 am)

Good for you. Let us know how it turns out.
#561 of 661
2009 Grand Cherokee Limited by melram
Feb 26, 2009 (2:10 pm)
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I have been out test driving 2009 Grand Cherokees Limited’s this week and have been offered the following deal.
 
2009 Grand Cherokee Limited (5.7 Hemi, Entertainment system, Chrome package)
$46,680 MSRP
$34,000 Selling price plus taxes, title, ect (savings of $12,680 off)
-This includes $6,500 in rebates since I am returning lessee. I believe it is good deal on paper but I am still wondering about the financial status of Chrysler going bankrupt. I am debating on purchasing this weekend since the current incentives end on March 2nd. The car is pretty loaded for great price.
 
 Any thoughts on the deal or waiting?
 
Thanks
MelRam
#562 of 661
Re: 2009 Grand Cherokee Limited [melram] by verdugo
Feb 26, 2009 (2:39 pm)
Reply

Replying to: melram (Feb 26, 2009 2:10 pm)

I am jealous. I have an 08 Limited with the smaller V8 engine (which is plenty for me). If I remember correctly, the MSRP was around $41k. I got it for $34k + taxes. This was back in September, 07.
 
I would say the deal is pretty good. I don't think Jeep is going away. It might not be part of Chrysler, but it will be around. If you're happy with that dealership, I say go for it since you're happy with that price.
#563 of 661
Re: 2009 Grand Cherokee Limited [melram] by paule
Feb 26, 2009 (7:58 pm)
Reply

Replying to: melram (Feb 26, 2009 2:10 pm)

From what I've just encountered, that is a very good price. If I had received a similar amount off of MSRP, I would have purchased.
What I don't understand is why the MSRP is so high. An Overland is $45,325 without the rear DVD.
Can you break out the rebates? Did you receive a coupon from Chrysler that provides you with an additional discount?
Does your rebate include the $1,000 they have (had) associated with Chrysler financial?
Where are you at (what area of the country)?
I personally think the deals will get better but I would pull the trigger if I were you and part of your discounts relate to the Chrysler coupon.
The Employee Pricing discount is only 2% off of invoice.
The best I could get was $10,325 off MSRP.
#564 of 661
Re: 2009 Grand Cherokee Limited [paule] by melram
Feb 27, 2009 (6:21 am)
Reply

Replying to: paule (Feb 26, 2009 7:58 pm)

Paule,
 
This is a fully loaded Limited and I am located in Ohio. I also looked at the Overland but did not like the color interior choices. The Limited and Overland have different color interiors. I was not crazy about the two tone choices in either vehicle but like the limited better.
 
I misquote on the rebate yesterday. I do qualify for the max rebate of $6,250 since I am coming off a lease. I believe they throw in additional $750 since my lease matures in March.
 
The rebates are broken down as follow:
Great Lakes Lease to Retail $750.00
Great Lakes Bus Center Financial Bonus Cash $1,000.00
Great Lakes Customer Cash Allowance $1,500.00
Great Lakes Bonus Cash $1,000.00
Great Lakes Owner Loyalty $2,000.00
 
Option Breakdown:
$39,010 Base Price
$2,400 5.7 HEMI upgrade
$1,700 DVD System Group
$995 Aluminum Wheels
$995 Chrome Edition Group by Mopar
$280 Trailer Group
$500 High Intensity HeadLamps
$780 Destination Charge
$46,680 MSRP
$41,354 Employee Pricing per dealer
 
Paule - One thing I have noticed over last few weeks. I have visited 3 dealerships in my area and most of them will not negotiate below the employee pricing + rebates, saying that is the best offer and they would have to locate the car. I have since emailed few dealerships with the vehicle in inventory but will have to drive few hours to get the vehicle. My original offer from the dealership was $35,104 ($41,354 Employee Pricing - $6,250 Rebates) for this vehicle. They were looking to move vehicles by month end and said I could have it for $34,000 if I could pick it up by Saturday.
 
Hope that helps
#565 of 661
Re: 2009 Grand Cherokee Limited [melram] by verdugo
Feb 27, 2009 (9:31 am)
Reply

Replying to: melram (Feb 27, 2009 6:21 am)

I'm with Paule. It is a great price. Hope you take advantage of it.
 
Let us know what you end up doing.
 
And be careful in the F&I office. Don't buy the mop and glow.
#566 of 661
Re: 2009 Grand Cherokee Limited [melram] by paule
Feb 27, 2009 (8:20 pm)
Reply

Replying to: melram (Feb 27, 2009 6:21 am)

That is very helpful. Thank you.
 
Here's what I was offered:
2009 Overland - No options (no rear DVD)
$45,325 MSRP
$40,082 Employee Pricing Plus
$39,000 Dealer Quoted Price
-$2,000 Denver BC Customer Cash Allowance
-$2,000 Owner Loyalty (See Note Below)*
 
Total: $35,000
Total discount of $10,325
 
-$1,000 Denver BC Chrysler Financial Bonus Cash**
Total: $34,000 (Discount of $11,325)
 
Notes:
* I did not receive an owner loyalty coupon in the mail which apparently you need. However, I did receive an e-mail from Chrysler mentioning the owner loyalty bonus. The salesman at this dealership allegedly called a Chrysler customer service line and determined I was eligible and received a confirmation number from Chrysler that I was entitled to this discount. Sounds a little fishy to me but that is what I was told.
 
** I believe I also would have been eligible for this discount with the 0% financing for 48 months due to my credit score (upper 700s).
 
Also, this dealer did not have the vehicle I wanted. They located it at another dealer.
 
If I had another $1,000 off, I probably would have bit. The owner loyalty cash would be the reason. I believe Chrysler may end that and that would be $2,000 you'd lose although who really knows.
 
I do believe the general rebates will increase but maybe not until after April 1st.

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