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Jeep Cherokee (All): Prices Paid & Buying Experience

661 messages, Last post on Nov 08, 2009 at 7:12 PM
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I am hoping someone can help! We are looking at an ’09 Overland (hemi/V8) loaded with 10,500 demo miles (it has been driven by the dealership’s owner). Sticker as you know is 45K and change. We are in Westchester County, NY and the Overland has been impossible to find First offer made by dealer: 1 % off invoice (this happens to be my preferred pricing discount through work) - $1,000 - $3000 rebate/incentive Final - Unfortunately, we just missed the 0% financing and extra incentives by 3 days. They have 2 other Overlands, (which are so hard to come by) also Demos with approx 2K-3K miles. I am trying to go for the lowest price (of course) but my husband would prefer the lower miles. From what I have been reading around the posts and on line – a year end w/almost 11K miles should be much, much lower – like 32-33. I may be way off. Any thoughts are much appreciated. |
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Replying to: jch4504 (Nov 05, 2009 7:32 am) Under the previous rebates, you should have expected to get around $12000 off the MSRP + another $1000-2000 for the for the 10,500 demo miles. A little less for the demos with 2k-3k miles. However, with the rebates apparently expired, your option may be more limited. It won't hurt to make an offer based on the previous available rebates and see what happens. I wouldn't do the deal without the old rebates and atleast $12000 off the MSRP for the 09. Good luck with your purchase. |
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Replying to: jch4504 (Nov 05, 2009 7:32 am) At that time, looked at three demos, all $47.5k MSRP and all with 5k miles. Dealers were asking $35-$36 with incentives. Overland model is discontinued for 2010 and I'm surprised they even have three 2009s available given the steep incentives that were available for the past several months.Dealers here sold out their inventory and had empty lots in August. Leads me to think they can't move them especially now that incentive programs have ended. You should have more room to negotiate here. BTW - I'm totally impressed with the Overland. Ride, performance and comfort are excellent and the price to value is great. Looked at MB, BMW and Range Rover Sport and know I made the right choice as well as saved a ton of $$$. Best of luck with your purchase! Hope this helped.
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Replying to: quest4fun (Nov 05, 2009 11:29 am) Don't get me wrong, my X5 is a really nice car and I definitely enjoy it but when I buy a new SUV, it will be the next GC for $20,000 less than what the X5 would cost. |
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Replying to: quest4fun (Nov 05, 2009 11:29 am) My fear is walking away - we love the car and I know that this will most likely be it (since it is discontinued in 2010. The dealership is in such an affluent area that they would probably get someone in next week to write a check for MSRP. My gut says start at 31,500 (considering the 11K demo miles) and walk over 33250. I think this is fairly realistic?? Theres also the lower mileage demos with 2-3K to consider too...anyone actually enjoy this
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Replying to: jch4504 (Nov 05, 2009 8:34 pm) You still need to realize that you are, in effect, buying a used vehicle. It doesn't really matter that they are "demo miles". They are still miles. Maybe you can look a little further away. It doesn't sound like you're going to get a good deal at this delaership.
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Replying to: jch4504 (Nov 05, 2009 8:34 pm) This is exactly what the dealer wants you to be thinking, so you will pay a higher price. If you're not prepared to walk away from the deal unless they give you atleast $12K or 25% off, then go ahead a buy at whatever deal you can get. However, you would then be wise to forget about continuing to research what prices other people are paying, because you will see others getting the deal you were afraid to demand. Regarding mileage, it honestly doesn't really matter if you drive the Jeep off the lot with 50 miles or 5000 miles. You would have about the same amount of depreciation if you needed to turn around and sell it quickly. The point to remember, you will be getting the lifetime drivetrain warranty even though the Jeep has demo miles, and the 3 year/36000 warranty is added to whatever miles are on the Jeep. IMHO, you should wait until the last week of the month. Go in and make your best offer. If they won't accept, leave a phone number and tell them they have a day or so because you're going to buy a new car, even if it's not their Jeep. You will get a call back with a discount in the 25% off MSRP range. Good luck |
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Replying to: paule (Nov 07, 2009 2:12 pm) Does this seem like a good deal????????????????????? Thanks Al
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Replying to: al120hp (Nov 07, 2009 2:32 pm)
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Replying to: paule (Nov 07, 2009 2:44 pm) |
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