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Prices Paid: Buying & Leasing Experiences Jeep Cherokee (All) Prices Paid and Buying Experience
661 messages, Last post on Nov 08, 2009 at 7:12 PM
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Replying to: melram (Feb 26, 2009 2:10 pm) 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.
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Replying to: paule (Feb 26, 2009 7:58 pm) 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
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Replying to: melram (Feb 27, 2009 6:21 am) Let us know what you end up doing. And be careful in the F&I office. Don't buy the mop and glow. |
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Replying to: melram (Feb 27, 2009 6:21 am) 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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Replying to: paule (Feb 27, 2009 8:20 pm) Well, I looked back through my e-mails and found the e-mail from Chrysler. I think the confirmation was legit. The e-mail I got from Chrysler clearly states that I'm eligible for the owner loyalty bonus and that it was not transferable. I have not heard whether this continues into March. The e-mail states it ends on March 2nd. It reads, "Again, from now until March 2nd, you are eligible to receive a special ‘owners-only’ cash allowances* up to $2000 when you purchase a new Chrysler, Jeep, or Dodge vehicle. This Owner Loyalty Bonus Cash is in addition to the Employee Pricing Plus Plus incentive which offers employee pricing PLUS consumer rebates PLUS special financing offers. The amount of the loyalty cash allowance depends on the model you select, and it can be combined with most current incentives." We'll see what they do for incentives for March. |
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Replying to: melram (Feb 27, 2009 6:21 am) Did you pull the trigger this past weekend?
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Replying to: steamdiggs (Dec 18, 2008 12:27 pm) I am considering Power in Valencia, please contact me. |
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Replying to: paule (Mar 04, 2009 7:18 pm) I decided to roll the dice and wait until the end of March since my lease is not up until then. I contacted my previous sales person who said he would match the price I obtained on this Jeep and order it for me. I have dealt with him and this dealership and decided to let him have my business. Should be here in few weeks. My only risk was the incentive piece. They couldn’t guaranty if the rebates would change in March. They were able to inform me the employee pricing would continue in March. All the incentives stayed the same for me (rebates). The only thing that changed was Chrysler 0% financing over 36 months (instead of 48 months). You would think Chrysler would loosen this incentive to sell more cars (60 months). I am going through a credit union so it didn't impact me. Have you had any more luck in your Overland search? I know the dealerships here are being very aggresive and are willing to deal to win your business. MelRam
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Replying to: melram (Mar 09, 2009 5:42 pm)
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Replying to: melram (Mar 09, 2009 5:42 pm) I ended up putting my search on hold temporarily. The day after I sent out my e-mails soliciting quotes, I received news that the company I work for will be instituting an across the board pay cut soon. I have not yet heard how much the pay cut will be but it could be as high as 20%. Wonderful economy we have. Anyway, I decided not to purchase until I at least find out how much my pay will be cut. If it's in the 5-10% range, I will possibly be able to deal with that and look at buying since my current GC has over 200,000 miles on it. It still runs fine but I'm finding myself not really trusting it fully to drive 4-5 hours away from home. I have a small child and travel to some fairly remote areas. I also didn't quite get the price I was looking for. I really wanted to hit at least $12k off of MSRP and didn't quite get there. The incentives here in the mountain west are not as good as the eastern half of the US. It also appears that Chrysler was going all out in February for incentives and are now pulling back. I noticed that they increased MSRPs, cut back on the discount they were giving in terms of employee pricing, and dropped some other incentives out here (I no longer see the $1,000 Chrysler financial discount). It also appears that I've lost out on the $2,000 Chrysler owner loyalty bonus. I did find one dealership that was pretty aggressive but they had to get the vehicle I wanted from another dealer. I'm now very unsure as to what I plan on doing. Right now I'm planning on waiting at least until late April/May before doing anything. Did the dealership still give you the loyalty bonus?
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