I went over my miles and owe money to Infiniti
Jeep agreed to cut me a check for 2000 to help my pay off and I would pay
450 tax included for 39 month lease of Jeep Grand Cherokee limited
Msrp is 41730 and with discounts and rebates came to 40000 discount so 37730
No money down
Is this a good deal?
Thank you for any help
How much upside down are you with your payoff for infinity and how much in charges are you over if you were to just return the car
From my understanding and experience, Chrysler products are sold at deep discounts. Is it worth $17750 to drive a Jeep for the next 3.25 years?
Is your credit tier 1?
The discount looks poor, the check they are cutting is part of it. including that $2000, it looks like you are getting a 10.5% discount. I don’t know what keeps are going for, but Chrysler’s often have enormous discounts. Are there any incentives or rebates in that discount, because I would assume that discount is easily attainable excluding any incentives or rebates.
The rule of 1% puts your payment at $400 with zero drive off. I’d assume on a Jeep you could do better than that by quite a bit.
Is it a 2018 or 2019, seems to be a new model year with 2019, so the 18s should be deeply discounted with the 19s on the lot
They haven’t released 2019 jeep grand Cherokees yet…only Cherokee is 19’
Sorry, I’ll stop commenting here, I thought a “grand Cherokee” was just a Cherokee with some gold badges, but that’s probably 1992 talking
Hi thank you Guys for the responses this forum is great
So I’m going to be into Infiniti for around 4 thousand dollars maybe less. They are giving me a check for 4500 and I am putting down 2500 so to make it simpler I said they are giving me 2k
We stupidly went over miles by about 8k miles and had some damage that’s should bring us to around 3500 to 4K
There are no 2019 grand cherokees out yet
It is a 2018
450 tax included 39 month lease
I have to decide by tomorrow because I’m leaving town and need to figure out my situation
So what do you guys think? Great deal or pass
I had a q50 and it did not hold value
The buy out is 22k and carmax offered me 15500 and dealerships even worse so my best option is to just return it and eat it
Credit is over 720 so fine with that I’m just not sure if I’m getting a good deal
22k to infiniti
Car worth maybe 17
I’ll owe Infiniti about 4
If you are looking to get a good deal, I would:
-not make a decision in 1 day
-shop every dealer in your area, get a few solid quotes, and put them up against each other
-do not bring up your trade situation/neg equity until after the price of the vehicle is negotiated to your satisfaction.
-wait for someone with “Trusted Hackr” in their title to respond to this and give meaningful input.
-and list the current deal you have as follows:
Vehicle Make/Model/Year
MSRP
Dealer Selling Price
Itemize Acquisition Fee/doc fees/DMV fees
Manufacturer Rebates/Incentives
Month Term/ Mileage Amount
Sales Tax %
Residual Value Amount/Percentage
Money Factor Amount
Monthly Payment incl. tax
All this information should be known and understood prior to signing anything. With this information, interested parties will be able to help you get a decent deal.
I personally have no idea about Jeeps, but it does not sound like a good deal at all to me.
If you’re upside 5k and they are giving you 2k then that’s a great deal