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Prices Paid: Buying & Leasing Experiences Jeep Cherokee (All) Prices Paid and Buying Experience
462 messages, Last post on Aug 26, 2008 at 9:02 AM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
On Thursday, December 30, 2004, I was quoted a selling price of $23,500 after $2000 in rebates for a 2005 Grand Cherokee Laredo, 2 wheel drive. I know 2 wheel drive is blasphemy in Jeep land, but that's not the point. Anyway, I go in there today to buy it, and the sales manager flat out tells me he will not sell it for that price. I could not believe it. I not only walked out, but I'm now trying to figure out which state agency I need to report them to. The local Chevy dealership (I will not use their name, but they are the largest Chevy retailer in the US with stores in several states) was just fined over $180,000 by the state of Georgia for fraudulent business dealings. Maybe Carl Gregory Jeep can get some of that action.
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Replying to: uga91 (Jan 02, 2005 4:02 pm) |
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No, I have nothing in writing. I went out there after work on Thursday, picked one out and drove it. I told the salesman what my trade would be, but I did not have it with me as my wife had it. After driving it, I said I liked it and told the salesman to get me a selling price on it and give me a call. In their ad, they said they had 5 2005 Grand Cherokees for $22,923--that's why I went out there. The one I drove was a base 2WD Laredo with only 1 option on it--adding about $125 to the sticker. He called me at home a couple of hours later at told me they would do $23,500 after rebates. I was busy Friday and Saturday, but I called the salesman Saturday afternoon and told him we would be there Sunday. My wife and I show up--with our trade--test drive it one more time, then go inside to sign the papers. The finance guy has these figures that are way off. Finally, when I brake it down starting with the sales price of $23,500, he says "I'm not selling it for $23,500." I said I was quoted that and he said he did not know I had a trade and would not sell for $23,500. I explained that I told the salesman exactly what I was trading and that he wrote my info down; and, that it makes no difference if I'm trading or not--the sales price is the sales price regardless. He said again he would not honor my price quote from Thursday so I left. There has to be some fraud in there somewhere. I will follow up.
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Replying to: uga91 (Jan 02, 2005 8:52 pm) My guess is they decided they were giving you too much for your trade and that's why they pulled the original offer. My only suggestion is to bump it up to the sales manager and spell it out for them. Generally dealers will offer these specials to get you in the door because they think no one really wants the base vehicle so they can do whatever they want with a higher optioned vehicle. You could always call the BBB and report them. I doubt you would get any satisfaction however. Invoice on that car is $24,880 including destination so they would be losing money if they sold it to you for $23,500. |
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"Invoice on that car is $24,880 including destination so they would be losing money if they sold it to you for $23,500." That was $23,500 AFTER $2000 total in rebates. So, they were selling it for $25,500--which is above invoice.
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Replying to: uga91 (Jan 03, 2005 3:22 pm) kbb subtracts it from MSRP but not from invoice. I don't know why that is unless they view it as strictly cash back to the customer and not a subtraction off of the invoice cost. Edmunds is unclear. So if that is the case, they wouldn't be doing all that bad selling it to you for $23,500 considering they're also getting a holdback which is either 3% or 5%. I don't remember which. Edit: Jeep holdback is 3% of MSRP. |
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I've read that the optional Dynamic Handling System (DHS) will become available on GC Limited models w/Hemi in "mid-2005". Is anyone aware of whether this option is in production yet? I'm wondering when to expect DHS-equipped vehicles to begin arriving at the dealers. Thanks for any information.
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Hi, I want to buy JGC Limited 5.7 Hemi fully loaded. I checked Edmund and didn't notice any rebates or incentives specified for January. Do they have it and I missed it or no luck this month? Also, what would be the good price for JGC Limited, 5.7, with Navigation, DVD, Sunroof, Leather, BlooTooth? Dialer mentioned something in the lower 40s, I'd like to check before commiting. Also, I was going to pay cash, so no financing is nessasary. Thanks in advance, --Al
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Replying to: buyernyc (Jan 05, 2005 1:58 pm) Also, paying cash won't likely get you a lower price - dealerships make money off the financing, so they actually prefer that you finance. However, having cash gives you the ability to "buy this car today," and the salesperson knows there won't be any surprises in the finance office, such as finding out that you don't qualify for a good enough interest rate. So, mention that you're a buyer ready to pay cash today, make an offer, and you'll at least be seen as a buyer to be taken seriously. kirstie_h Roving Host Host, Smart Shopper & Future Vehicles discussions |
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| You can SAVE some money by financing through Chrysler Financial most of the time. They run rebates (the latest one was $1000) for using Chrysler Financial. So, finance through Chrysler Financial, get the $1000 rebate deducted from your total, then when the first payment notice arrives in the mail, pay the whole balance. | |
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