I’m comparing a couple options that have been offered to me:
2017 Jeep Grand Cherokee Altitude 4x4 + sunroof
MSRP: $40,585
Rebates: $2,250 (I’m assuming this is including the trade in rebate)
Sales Price: $39,650
Term: 36/15
Residual: $22,322 (55%)
Money Factor: (won’t tell me this as says it differs depending on bank)
Down payment: $465
Monthly: $465
Different Dealer: Same Jeep as above but w/ tow group
MSRP: $41,680
Rebates: 1250, +1k if I trade trade
Sales Price: 39488
Term: 39/15k
Residual 52%
Money Facotry .00064
Down Payment 617.31
Payments: 498
I feel like both of these could be a lot better. The Truecar price of vehicle 1 is $36,269. Shouldn’t I be able to get somewhere closer to there?
You in NY? There is a push end of month. Should do better than that. I can recommend someone but he is being slow to reply as he is probably hussling to close deals.
No worries. I had 3 guaranteed deals for the salesman. Just called me this afternoon and i guess they met their quota and gave me some bs pricing. Live and learn. On to the next deal i guess.
@ScooterScott incentives and rebates are ending tonight from FCA, but i don’t expect them to change much. Keep shopping and get the deal that makes sense. Benedetto is solid and should be able to help you on this one.