And another data point:
61k Sahara soft top
Mostly lowballs in the 47-50 range
Wbac - 58.8 online, but ended up coming in at 51 after sending pics…
Sold to Jeep dlr this morning for 56
Def significantly much more leg work this time around, and as others noted, mkt is generally cooling.
It has been lately a ~2k net profit flip considering the $7500 rebate and the 10% off MRSP. There are 900 brand new 4xe available for sale at cars.com (and 2500 used!!!).
Now without the EV rebate, it becomes a negative $5000 flip deal, or a $800 x month lease if you decide to keep it.
LH literally broke the market on them lol
Sky auto mall
They are very anti flip, which is fine. But the lies and trying to get me to sign a bunch of nonsense… and then holding until funding, so basically I’m paying for a month to have it sit there doesn’t sit well with me
Totally unsubstantiated thought:
Its possible that ccap is going to an inflated rv based model on leases for the rest of the year in lieu of applying anything as a cap cost reduction a la usbank to combat flipping.
I’m seeing those numbers in reverse - ~900 used and ~2500 new
reasonable, but doubt they would go to that much effort in changing everything for 4 months 
If my calcs were right they would have to make the RV ~76% for 36/10 to maintain roughly the same monthly payment. This method would also hurt people that wanted to buy at end of lease.
If you guys want some good news, the AFG MRM for a 23 Wrangle Sahara 4xe is almost $62K so it looks like this vehicle will make a very strong balloon loan candidate considering most are buying in the low 50’s. This would be good for keepers.
This is an example of an Ourisman deal (11% off) w/ NJ tax and $1000 in fees. ($406/mo)
with balloon loan, we have to pay tax on the entire 62k, correct?
Yes, but you will get the federal rebate through your tax return.
As we speak… 
. Grilling, drinking & just washed a Hellcat…but still at the “office”. 
How is that purchase price so low if it doesn’t include the rebate? That’s like 19% off?
MRM does not equal MSRP.
Hmmmm, wouldn’t count the Ourisman chickens until they hatch.
How do you get an 11% discount to this selling price with these options?
Sharing the definition of MRM to hopefully address confusion.
MRM / CRV - This is the value of the vehicle assigned by AFG. It is based on the “Maximum Residualized MSRP”, which consists of the MSRP of the typically equipped vehicle and value adding options giving only partial credit or no credit for those options that ALG understands add little or no value to the resale price of the vehicle.
If you have more balloon loan questions, ask them in;
They are hatching right now so we shall see shortly.
Correct me if I am wrong, but wouldn’t your selling price be higher?
Assume 62k sticker. Selling price would be ~$55 after 11% off? How are you getting low 50s on selling price?
MSRP* STARTING AT
$54,595 + destination fee
