Last post on Sep 16, 2007 at 5:21 PM
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Dodge Durango, SUV
#97 of 149 Re: 2007 Demo? [shabr]
May 23, 2008 (4:35 pm)
A 31k msrp dodge durango barely wholesales for 17000 in a year i would guess, and that would be optimistic. A 42k durango probably in the 22-25k range. I presume that is what you mean. Look these up on kbb.com and nada.com. (look up 07 vehicle compared to new 08). Check out my message 4681 in the Hyundai Sonata Forum and The chevy silverado and Dodge Ram 1500 prices paid forum.
The 42000 Dodge Ram 1500 barely wholesales for 22000 in 12 months. It has sold all day long brand new for 12000 off msrp on average the last 4 years or so. Should be much more now the last 12 months. I would find it hard to believe the Durango fares much better. These vehicles have sold new with heavy advertised and hidden incentives for years, and should be much heavier now. (Due to their high unrealstic factory determined msrp) Get 10-20 bids via email for best price on vehicle with your specifications last week of the month from the Dodge website (dealer locator) within a 100-200 mi radius of your home. Work the top 2-4 bidders against one another.
In general Demo's aren't worth messing with, unless they will sell it for considerably less than the lowest deal you can get on an 08. You should be able to get a new 08 for $3000-5000 more than a used 07, and get the options and colors you want.
We've been looking into a new or barely used Durango limited (prefer used, the depreciation on these vehicles is a killer!).
We have an offer for a brand new from one dealer with dealer incentives and holdback removed, and now another offer for virtually the same vehicle (with about $300 more in options), but it is a demo. They are asking MSRP less the $6k dealer incentive and less all but $200 of holdback totaling over 34K. No adjustment for the almost 3k miles on the car.
Anyone have experience with purchasing a demo? How to negotiate for this? I look at Edmunds pricing on this vehicle as a used vehicle and MSRP is 31k! Low wholesale is 26K... I just can't fathom purchasing a USED vehicle for NEW price - anyone have experience with this?
Any advice would be appreciated!
#98 of 149 Re: Friends Code Plz!!! [snoopy71]
May 23, 2008 (4:40 pm)
Read my message above. If the friends code is like xplan or other marketing gimmicks manufacturers your better off just doing the above.
#99 of 149 Re: Friends Code Plz!!! [jfritsch]
May 27, 2008 (6:01 pm)
The friends code isn't a marketing gimmick .... Each dodge/chrysler/jeep employee gets 6 friends codes a calender year. They can then be transfered once to a friend. That friend then takes the code in and get 1% below dealer invoice on the vehicle and any optionsa nd packages plus $75 service fee. Add in any dealer rebates and dealer discounts and you get even more savings ... No fuss, no muss, no headaches dealing with the greedy sales people.
#100 of 149 Re: Friends Code Plz!!! [snoopy71]
May 28, 2008 (7:25 am)
Its a marketing gimmick. Anything that tries to put people at ease who want to avoid haggling is a marketing gimmick. Avoid haggling by getting competitive bids over email from 20 dealers eom. Avoid most greedy salespeople that way. Others may get the hidden dealer discounts with competitive bids and do better. If it was a great deal they wouldn't give out 6 of them, for friends, relatives and complete strangers who are suddenly friendly.
Look up the price of a used 07 like the 08 you want. It likely wholesales 16+k from msrp in 12 months.Anything over 20% more than the 1st year wholesale price is way too much as the used wholesale price of trucks like this is optimistic. A useful target on a 32k durango new would be something like 19-20k. The dodge ram 1500 has sold for 12k off msrp constantly for years with folks getting more off. (they better, the 42000 model wholesales used for 20000 in 12months.)
Trust me I did this for years and Domestic's Xplan, suppliers disc, etc people usually did worse than many, but better than blind walk-ins (which isn't saying much) Usually with their guard down they get taken modestly or big time. Many employees think they are dealing with their Company when all the dealers are independent owner operators.
May 30, 2008 (8:41 am)
A reporter would like to consumers who are looking to purchase an SUV right now. Please respond to ctalatiedmunds.com with your daytime contact information along with the vehicle(s) you are researching or looking to purchase no later than Tuesday, June 3rd.
#102 of 149 Re: Friends Code Plz!!! [jfritsch]
Jun 02, 2008 (8:49 am)
If it were a marketing gimmick, then it would be available to all consumers, not such the Dodge/Chrysler/Jeep employees. Go over & check out the Dodge Grand caravan & Chrysler T&C forums for buying experiences and let the employees who post there and give out thier extra friends codes that it's a gimmick.
I do however agree with the internet route though ... I've bought a couple cars that way ... e-mail a boatload of dealers and sit back and wait for the best internet price...but those prices still aren't usually below the invoice price like the friends code price is. Then again, when I bought cars this way, the economy wasn't taking a dump so that may work out better for some people now.
#105 of 149 Dodge Durango: Lease Questions
Sep 07, 2005 (2:13 am)
Hi everyone. Please use the following discussion to post any questions that you have about leasing a Dodge Durango. Thanks.
Smart Shopper / Prices Paid Forums
#106 of 149 lease
Oct 21, 2005 (2:27 pm)
whats the best 24 month lease on a 2005 Durango?