Looking at a 2023 Jeep Compass for a 22 year old. Need cheap & user friendly. Dealer gave us a whopping 1% MSRP discount. Not sure what MSRP discounts to expect on a Compass.
Deal they quoted me looks REALLY bad:
MSRP $33,890
Discount $337
Sale Price $32,553
Rebate $1,000 (returning lessee + 1st responder)
Doc Fee $998
Non Tax Fees $623.50
Tax $175.21
36/10
$1500 DAS
$587/mo
MF .00144
RV 50%
The programs on the compass are rough. Even at 10% off, the lease still sucks.
Is 10% an expected discount? Is that what the market is showing?
That’s probably a bit high. I’ve seen some brokers doing orders in the 7-8% region. But even if you run the numbers with a 10% discount, are you willing to pay $500+/mo for a compass?
Heck no. Amazing to see cars sit on lots & nobody trying to get them off.
Just buy the 22 year old a crown vic
Finance a Corolla Cross or HRV and enjoy a peace of mind. Less $ than Compass- even at MSRP.
Why is 22 year old ‘kid’ not doing himself?
‘cuz 2023……
LOL, at 22 I was living 2000 miles from where I grew up, making good $ and buying my own cars/homes…haha!
In college, med school, needs transportation.
Ah, a professional student…used Crown Vic then like guy above said!
I’d love to hear why someone chooses a Jeep Compass. Does your kid have a passion for rental car agencies or something?
It might actually be cheaper to rent a compass than the deal posted.
All joking aside if you’re just looking for a cheap rental car suv maybe check out the terrain. Should be cheaper.
Nothing like coming here for help & this is what you get.
Minimum 10% off (and many dealers are advertising that) but perhaps consider Nissan or Mazda with some better leases (and vehicles) for a crossover.
If Jeep brand is the goal I think you could do about the same on a 4xe Wrangler Sahara.
It really depends on which state you are in as to how good the incentives are.
Ofc it’s gonna be horrible. With those programs it doesn’t matter how much energy you spend or how good you are as a negotiator
You can’t just pick a vehicle and find a way to make it lease well. Arguably sub 2% of makes and models have good leases.