Just texted him. He said the $280 does include tax. and hes checking regarding the selling price and the rebate.
If the sell price of 23,260 includes the rebate you can do much better if you have the time to look. Hopefully someone else can weigh in, I’m not as experienced as most.
Did some searching…Basically 280 per month with 2k down is terrible. Search the site for jeep compass. you will even find a couple brokers that will easily beat this deal.
I was able to drop a different dealer to about $250.00 including tax so far. I saw a dealer here has one listed. ill go ahead and reach out to them and see what we can do. Thank you for the advice and the help!
Can I put MSD on jeep? is there any way to calculate that?
I don’t think msd is possible with Jeep
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@Sogalishis Give me a call or shoot me text when you have a moment. My cell is 818/900/3621. I have no idea why they are giving you such a high payment on this.
And by DAS, I mean TOTAL OUT OF POCKET.
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I went in to the lab and asked for some help and kept reading and researching. And I was able to come up with this. What do you think? Room for improvement? Or completely scratch this off and go back in to the lab?
2019 Jeep Compass Trailhawk
MSRP: $34,475
Sale Price: $30,000 (13% off MSRP)
Incentives/Rebates: $4,250
MF: 0.00008
Residual: 45%
DAS: $2,000
Monthly $296.82 Including Tax
Term: 36 Months / 15K Miles
I tried to fill the calculator, but I’m not so sure I got it right, but it should be in the right direction
I asked the dealer to send me a lease sheet as I have a 2 hour + drive each way and I had to get a driver. Some of the numbers there confused me a bit.
$291.89 monthly? Is that including tax? He claims it does include tax.
And the $2,500 Upfront? The dealer texted me and said this:
“That should be your down payment and he might be Implementing an extra discount that couldn’t go into the rebate section”
With a follow up of:
“There is some discounts that are not rebates so he put it in the down payment but you pay the same”
So in other words he’s making my down payment look higher in order to reduce my monthly payment?
And the CCAP Auto Lease LTD is the lender? Is this Chrysler?
Have you priced this out with Ally instead of CCAP?
I don’t think so. I asked the dealer. I looked online there there they offer $9,500 in IDL rebates so it might be worth it. This would stack with other rebates that aren’t exclusive to CCAP
Probably worth finding out the mf/RV for an ally lease to compare. Sometimes it makes a lot more sense than ccap
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The dealer told me they are signed up for Ally for financing but not for leasing. So I asked about US Bank and he told me go though them.
I called US bank auto lease to get more information. They basically told me that new leases originate in the dealerships and that Id have to go through the dealership.
Sounds like you might want to use a different dealer IMHO
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Try a new dealer
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Thank you for all the insight, help, and guidance. I think I’ll move on from here. I genuinely appreciate all the input.
What area are you in? The credit unions through CULA have the best payments on compass this month. I can see if you are in an area that would work with one of them and point you to a dealer that is signed up with them.
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I’m interested. Could you point me in the right direction? I’m in North Jersey (Union County). Specifically, Clark, NJ. Zip: 07066
Thanks in advance @RVguy
Thank you for looking in to this.
I’m in the Los Angeles area 91367 zip code