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Jeep Commander Prices Paid and Buying Experience - READ ONLY

219 messages,  Last post on Aug 27, 2009 at 3:24 AM

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What is this discussion about? Jeep Commander, Jeep Commander SRT-8, Car Leasing, Car Buying, SUV

Messages Page 18 of 22

#170 of 219 Re: follow up [uffllaa] by Car_man HOST

Mar 12, 2007 (2:57 am)

Replying to: uffllaa (Feb 26, 2007 11:17 am)
Ahhh ha, uffllaa. I see that you already mentioned the prices that I just asked for. Dealer invoice minus any available cash incentives is a very good price for a new 2007 Jeep Commander. If you never finalized your deal in February, make sure to take advantage of DaimlerChrysler's enhanced cash incentives on this truck for the month of March. It now has $3,000 lease cash PLUS an additional $1,000 bonus on the '07 Commander Limited ($4,000 total). Also, make sure that the dealer you are working with is using Chrysler Financial's 39 month, 15,000 mile per year buy rate lease money factor and residual value of .00259 and 47%, respectively to calculate your truck's monthly payment.
 
Car_man
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Prices Paid Forum

#171 of 219 Re: also [bamatide01] by ant99

Mar 19, 2007 (8:41 am)

Replying to: bamatide01 (Feb 27, 2007 1:29 pm)
I would be very interested in seeing your spreadsheet as I am about to begin discussions on a lease.

#172 of 219 Lease Cash by brentkhack

Jun 03, 2007 (3:29 pm)

I am looking at a 07 Commander Sport. I see that for a lease it gets $4000 total lease cash. Would I qualify for the $1500 bonus cash due to our current lease with Mercedes for a total of $5500?

#173 of 219 Re: Lease Cash [brentkhack] by Car_man HOST

Jun 18, 2007 (3:54 am)

Replying to: brentkhack (Jun 03, 2007 3:29 pm)
Hi brentkhack. DaimlerChrysler is currently providing $3,500 lease cash plus an additional $500 bonus cash ($4,000 total) on the 2007 Jeep Commander Sport. There is also another $1,000 lease loyalty cash on this model for current Chrysler Financial lessees, but I do not believe that this cash is available to current Mercedes-Benz owners or lessees.
 
Car_man
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Prices Paid Forum

#174 of 219 Re: Lease Cash [Car_man] by ifiv111e

Jun 19, 2007 (11:55 am)

Replying to: Car_man (Jun 18, 2007 3:54 am)
Hi Car_man. We currently have a Jeep that is a few months from the end of the term of our "smart buy" (I'm not really sure that is the correct term) with Chrysler Financial, i.e., nearing the time that we either make the balloon payment or turn it in like you would at the end of a lease. We are thinking about leasing a new Commander Limited or Overland. A few questions:
 
(1) Do you think we'll qualify for the lease loyalty cash, even though we're not technically in a lease currently (since it's a smart buy), for total cash rebates of $5500?
 
(2) Do you think that invoice (minus $5500) is a good/realistic price on a Commander Limited/Overland or is that too optimistic?
 
(3) Do you have any idea what the current Chrysler money factor and residual value would be for a 36 month lease (in Texas) of a Commander Limited/Overland, 12,000 miles/yr, or if there is a way for me to figure out this info before going into negotiations? I'd also be very interested in seeing these figures for a Grand Cherokee Limited/Overland.
 
Sorry for all the questions!

#175 of 219 Re: Lease Cash [ifiv111e] by Car_man HOST

Jul 27, 2007 (4:10 am)

Replying to: ifiv111e (Jun 19, 2007 11:55 am)
Hi ifiv111e. I think that there is a very good chance that you will qualify for the $1,000 lease loyalty cash that DaimlerChrysler is currently providing on the Jeep Commander even though you currently have a balloon note through Chrysler Financial.
 
Dealer invoice minus all of the available cash incentives is a great target price to shoot for, though you may end up having to come up a couple hundred dollars from there.
 
Chrysler Financial's current buy rate lease money factor and residual value for a 36 month lease of a 2007 Jeep Commander Limited 2WD with 12,000 miles per year are .00203 and 47%, respectively. The numbers for an otherwise identical lease of an '07 Commander Overland 2WD are .00203 and 42%.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum

#176 of 219 Re: Lease Cash [Car_man] by dwws

Sep 07, 2007 (1:13 pm)

Replying to: Car_man (Jul 27, 2007 4:10 am)
Hi Car Man:
 
I am interested in possibly leasing a 2007 Jeep Commander Limited or Overland. I am located in NJ and I have located 2 trucks that meet my criteria. One is an Overland with an MSRP of $46,215. The other is a Limited with an MSRP of $44,630. I want a 2007 in order to take advantage of the $4500 incentive and the $2000 lease loyalty incentive (I lease a Wrangler Unlimited). What do you think I ought to shoot for as a reasonable selling price, before applying the incentives? Can I possibly get these trucks for below invoice (again, before factoring in the $6500 incentives)? I would prefer to put no money down, but I really want to keep my monthly payment as absolutely low as possible. I will, without a doubt, be trading the truck in at the end of the lease, possibly for a new Commander if I have a good experience with it. Any help you can provide would be most appreciated. Once I have a target selling price to shoot for, I will see what these dealers can do for me on a lease and then, if you don't mind, I'd like to run the numbers by you (I have 3 little kids and I cannot afford to lose any money because I get snookered by some fast-talking salesperson!)
 
Thanks a lot,
 
David in NJ

#177 of 219 Re: Lease Cash [dwws] by dwws

Sep 16, 2007 (5:59 am)

Replying to: dwws (Sep 07, 2007 1:13 pm)
Hi again:
 
Here's a little update & a question: the Commander Limited, whose MSRP is $44,630 (straight off the window sticker) has an Invoice Price of $40,786 according to Edmunds.com. The dealer is telling me that the Invoice Price is $41,787 and that Edmunds is wrong. This strikes me as unlikely because the Base MSRP for the truck is the same from both the Window Sticker and Edmunds and the MSRP with options is the same on both the Window Sticker and Edmunds.com. I suspect I'm being fibbed to and I want to know if there is any way to prove it. This particular Commander Limited is apparently the owner's demo with 5,000 miles on it. The selling price is $$38,987 before any incentices. With the $6500 worth of rebates that I qualify for, the selling price is $32,487. I am being quoted the following lease deal:
 
Cap Cost W/incentives: $32,487
Term: 27 Months
Mileage: 12,000
Residual: 50% (2% deducted due to it being a Demo; Chrysler policy?)
Money Factor: .00139
Due at Signing: $1,000 (1st month,doc. fee, title fee, part of bank fee)
Monthly Payment: $526.75
 
I could be totally off the mark, but that sounds rather high to me and I cannot figure out why. Someone, anyone, please help me. Is anyone there? ***ANYONE***?!?!??
 
Buhler......?
 
Buhle...........?
 
David in NJ

#178 of 219 Re: Lease Cash [dwws] by Car_man HOST

Oct 10, 2007 (3:24 am)

Replying to: dwws (Sep 07, 2007 1:13 pm)
Hi David. If I was in the market for a leftover 2007 Jeep Commander, I personally would shoot for a selling price of around dealer invoice (the real invoice price that is listed here at Edmunds.com, not one that the dealer makes up) before the deduction of any available cash incentives. Normally I would have said $500 or so over invoice, but Chrysler is running a volume based dealer cash program for its dealers that should make dealer invoice doable. So, you're looking at a capitalized cost of around $6,500 under invoice after then $4,500 lease cash and $2,000 lease loyalty cash are taken into account.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum

#179 of 219 Re: Lease Cash [Car_man] by dwws

Oct 13, 2007 (10:48 am)

Replying to: Car_man (Oct 10, 2007 3:24 am)
Hi CarMan:
 
Thanks for the info. I have a slightly different scenario now. I am going to get out of my 2007 Jepp Wrangler Unlimited Lease, which is almost brand new. My payments are $349 per month. I am "upside down" on this lease, but the car is just to small for my family & me. I have been talking to a dealer and here is what I've got so far:
 
2008 Jeep Commander Limited
 
MSRP: $42,855
Invoice: $39,900 (Edmunds.com says invoice should be $39,001)
Selling Price: $42,204
Incentives: $1,500 from Chrysler
Holdback: $1,000 applied by dealer toward purchase/lease
MYGIG Discount: $792 credit toward purchase for free MYGIG
Down Payment: $1,000
Residual: 48% ($20,570.40)
Money Factor: .000840 (2%)
Wrangler Cost: $3,221.22 (added to selling price to get out of lease)
Term: 39 months
Miles-per-Year: 10,000
 
Now, here is my question:
 
My Lease Calculator is telling me that I ought to be paying $579.10/ per month. The dealer is quoting me $619/per month He is telling me that I am not taking into account things like a $700 bank fee and various "Inception Costs" like taxes, etc. i feel as if I might be getting ripped-off, but I cannot tell.
 
PLEASE HELP! I have put down $1,000 (fully refundable) and i am supposed to go back on Monday, October 15th to discuss these "discrepancies". Any advice or counsel before then would be greatly appreciated!
 
Thanks,
 
David in NJ

Messages Page 18 of 22

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