Hi folks! I just got the quote from the dealer on a new 2022 New Grand Cherokee Lmited. I did not sign it because I don’t believe it is a even good deal there. I would like to share the info here and appreciate any thoughts and comments on it. I am in Seattle, WA.
Thanks in advance!
2022 Jeep New Grand Cherokee Limited
MSRP: $50,590 (No markup I guess)
Selling Price: $50,590
Gov Fees: $919.50
Dealer Fees: $150
Aquisition Fees: $895
Net Cap Value: $52,593.50
Lease Plan: 36mo/10K miles
Down Payment: $0
Residual Value: $31365.80 (62%)
Payment: $750/mo (The dealer said tax is included)
I don’t know the MF but I estimate it in the calculator, which is roughly 0.00264, if I am correct.
The calculator link is here:
How should I negotiate the quote with the dealer or should I simply walk away?