Last post on Dec 12, 2013 at 9:18 AM
You are in the Prices Paid - Buying & Leasing Experiences
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Jeep Cherokee, Jeep Grand Cherokee, SUV
#772 of 893 Pricing help on JGC Limited
Jun 18, 2011 (1:32 pm)
We're in MN and looking at a 2011 JGC Limited with towing package, 20" wheels and heated seats (might be std?). There might be a small option or two I'm missing but this is the bulk of them that I can recall. Sticker is $41,850. Dealer is offering me $39,937 (all prices before TTL). Edmunds indicates fair price is ~$39,500 and says dealer invoice is ~$38,850.
I don't need to squeeze dealer for every last penny on this deal. I just want a fair price and a quick, hassle-free transaction. We would buy the vehicle; probably take financing at first but then pay it off within 12 months so not overly concerned with interest rate/terms.
What's a fair price? Thanks!
#773 of 893 Re: Pricing help on JGC Limited [strokeoluck2]
Jun 18, 2011 (2:34 pm)
We leased an identical 2011 GC Ltd 4x4 V6 (w/ trailer hitch and 20in wheels), and the negotiated sales price to calculate the lease was $700 below invoice (not inclusive of taxes, title, and registration). I had several other dealers offer anywhere from $500 under to $700 over invoice. I'm in San Diego, and we leased from Bob Baker Jeep. We are extremely happy with the dealership and the vehicle. Best of luck!
#774 of 893 Re: Pricing help on JGC Limited [dewarsandsoda]
Jun 18, 2011 (5:17 pm)
#775 of 893 Good Lease Deal?
Jun 20, 2011 (3:36 pm)
I just got a quote on a black 4x4 6 cylinder Overland with luxury package, 20 inch tires, and the 730 nav for $38717 plus $389 processing, taxes and titling. The lease deal is for $3734 down, $610 a month and 39 months at 39,000 miles. Is that a good deal?
#776 of 893 Re: Good Lease Deal? [mhg]
Jun 21, 2011 (1:30 pm)
I ran your numbers (with a few unknowns) through the calculator on http://www.ridewithg.com/calculator/index.html and came up w/ a number much much less on the car you mentioned above.
I assumed the down payment would come out of the sale price you mentioned lowering the sale price to $34983 and I based it off my local sales tax of 6.85% and came out with a total monthly payment of $473/mo. (see screenshot here: http://cl.ly/7obZ)
I based the money factor off the info I got on http://www.ridewithg.com/index.php/2011/06/2011-jeep-lease-rates-june-2011/ where you can find the most up to date money factors and residuals for any given make and manufacturer.
So based on that calculation, and assuming i'm not missing something completely obvious you could probably negotiate a better deal that what they're offering you.
If I am missing something please let me know, I am just learning all this information about leasing but have found some really great resources (this site is one of them) and hope to save a lot of money on my next lease, and hopefully this will help you save some money on yours.
Let me know if that sounds accurate or if I'm missing anything.
#777 of 893 Lease scenario on 2011 Jeep Grand Cherokee X package Help
Jun 21, 2011 (5:03 pm)
I am in the market for a new 2011 Jeep Grand Cherokee X package. Here is the offer I negotiated on the table.
They will buy out my existing lease payments ( approx $1200)
Get me into an X package with Nav $MSRP $37,825 i think it was
Selling me the car for $33,972 ($3,853 off MSRP)
$2600 total Out of pocket
$439/ month for 39 month ( tax in )
12k miles a year.
IS this a good deal or should I keep shopping?
#779 of 893 I know not Comparable... & is this a good price
Aug 12, 2011 (9:12 am)
So I was on my way to the Volvo dealership to purchase the XC60 and thought we would look at the Grand Cherokee. The only thing they had with the option we wanted was a loaded Overland.
MSRP was $48,370
They would sell it to me for $42,931 plus doc fee of $199.50.
Is this a good price? They came up with this price to match the price of the Volvo. Have any of you compared these to or have owned both.
#780 of 893 Re: I know not Comparable... & is this a good price [clrv]
Aug 12, 2011 (10:19 am)
Run as fast as you can from the Jeep dealer. I've had two Jeep Grand Cherokees in the past 15 years. Total crap. There is no comparison between the two. You will be very happy with the Volvo XC60.