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Jeep Compass Prices Paid and Buying Experience

14 messages,  Last post on Apr 04, 2008 at 9:46 AM

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What is this discussion about? Jeep Compass, Car Buying, SUV


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#8 of 14
factory to dealer incentives by jl49
Jul 16, 2007 (12:17 pm)
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Does anyone know if there are any factory to dealer incentives being offered right now for the 2007 model in order to make room for the 2008 Compass.
#9 of 14
Great Experience in Northern VA by cmthov
Feb 26, 2008 (9:54 am)
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Just leased a 2008 Sport 4x2 w/CVT from Safford Dodge in Springfield, VA for invoice minus $1500. Finance manager got CFC to match my credit union's payments (about $330/mo for 36 mos at 12,000 mi/yr). Will post ownership experiences in problems track.
#10 of 14
price right by kcross
Mar 01, 2008 (10:37 am)
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I saw a compass in november new on the lot. sticker was 16900. I live in N.Y. and with 8% tax after tax, title licencse regristration, finance charges for 6 years plus whatever charges they put on I will pay 19600 for everything. try that with a sportage or a tucson.
 
kevin
#11 of 14
March 2007 Incentive by aaron_t
Mar 03, 2008 (7:17 am)
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Replying to: kcross (Mar 01, 2008 10:37 am)

Looks like $4750 rebate on leftover 2007 Compass. I wonder what the lease rates would be.
#12 of 14
Re: March 2007 Incentive [aaron_t] by aaron_t
Mar 26, 2008 (7:40 am)
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Replying to: aaron_t (Mar 03, 2008 7:17 am)

I could not hold back. I found a leftover 2007 Compass Limited 4WD 5-speed with no other options. MSRP $22,740. Sales price $15,500 + TTL. That is about $500 under employee price that I get through my wife. I picked it up from a dealer 200 miles away from home 2 weeks ago tomorrow and have put 1200 miles in it already. I would have perferred a Patriot, but I couldn't find any 2007 5-speeds within 200 mile radius, and they are running about $2k more for similar equipment. They are the same inside, I just have to get past the looks outside.
 
The value of the features it has, the interior size, AWD, ride highet for putting kids in back seat, and fuel economy should make it a great commuter vehicle and short trip vehicle. Still have a minivan for trips, though.
 
BTW, 2008 models have $2500 in incentives already.
#13 of 14
Re: March 2007 Incentive [aaron_t] by rmbalisa
Mar 31, 2008 (7:45 am)
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Replying to: aaron_t (Mar 26, 2008 7:40 am)

how did you get $500 under employees price? I thought that is the lowest they can go
#14 of 14
Re: March 2007 Incentive [rmbalisa] by aaron_t
Apr 04, 2008 (9:46 am)
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Replying to: rmbalisa (Mar 31, 2008 7:45 am)

Dealers usually make more money with an employee sale than a non-employee sale invoice. There are dealer kickbacks and holdbacks. Invoice is not what dealers pay for the vehicle. Nor is employee price. I've purchased or leased 4 vehicles $500-2000 under EP in the last 5 years
 
In this case, I first offered $1500 under EP, but the sales manager sounded offended over the phone. Keep in mind, this vehicle was probabyl on his lot for a year, and it's an undesirable 5-speed. I doubt this dealer does many, if any, employee purchases to fully understand how much they really make on the sale. To him, I was just some guy 200 miles away making low-ball offers sight unseen. This was a dealer outside Cleveland, OH vs. metro Detroit that does 95% EP or supplier sales. There was one other Compass I test drove locally (only 5-speed within 100 miles) that had more equipment than I wanted to pay for. That dealer offer was $1303 under EP before rebates. It just ended up being about $3000 more than because of equipment than the one I purchased. So I got less of a deal than i think I could have ogtten, but was willing to pay a bit more to get the right vehicle/equipment for me.

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