Signed 2023 Jeep Compass Latitude Lux

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I received $5000+ in total discounts on their car (see print out above) and over $3000 above verified wholesale value on my own. I did exactly what you said, I said they actually gave the new Compass for $9000 under MSRP rather than pay me over wholesale value on my Jeep.
Where is misrepresentation?

He may bring legal action over this

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In the thread title you posted where left out that you included the trade.

How much did the dealer pffer price wise with the trade not factored in at all?

I’m not suggesting the assumption was the value they gave, you are saying anyone with a 2021 Compass should go and try and get this deal, what I am saying, is that by your own logic, no dealer should ever want to pay that much for a lease-end Compass, so why would someone be able to replicate this if by your own admission, the trade value was ridiculous?

I post most accurate information about my deals, even posted numbers from page of my contract as laid out on signed document, to put to rest doubts of poster above.

But this being a public forum, with no actual sales transaction as sent to relevant databases by retail sellers or reported after Manheim auctions, what kind of “data point” are you talking about? Anyone can post anything here. If I was a troll, I could just post “zero trade in, $0 DAS, 35% off on 2023 Jeep Compass”, with no one able to make any corrections to it. And you would call it a valid data reference?

Feel bad for anyone that’s driving a compass, those 2.0L motors are absolute :poop:

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Simply because, as I understand, Chrysler Jeep is motivated to sell new car with $9000 off MSRP, but needs a justification to do so to properly report transaction on their ledgers. Anyone who has 2021 Jeep Compass can take advantage of the current situation and try to replicate the deal. What is not clear?

Go test drive 2023 Compass 2.0 turbo, with 200 hp and 221 pft torque, then post what you think about it.

The thing that you’re missing here is that on a ledger, your trade doesn’t help justify anything if they overpaid for it as you state.

For some reason, they gave you $4k off + $3,425 in trade equity. Congrats. I worked it backwards, I have the US Bank rates from August. You got a great deal, but they did give you $3,425 in equity. You could have gotten that in cash, hence, you made a $3,425 down payment on this lease. End of story. This deal would be 438 with 438 due without that.

How do you know they wouldn’t have done this deal without the trade?

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His “deal” is shit comparing to my 19 XC90 T6 for $186/mo for 36 months…
*Including $9,000 equity
**I got equity as a check :smile:

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Had a rental a few weeks ago, transmission even began slipping at the end of the rental :rofl:

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For some reason, they gave you $4k off + $3,425 in trade equity.

Correction: $9008.14 in total credits, or $5250 in total rebates and $3425.15 in trade value. See image from contract posted above.

Congrats. I worked it backwards, I have the US Bank rates from August. You got a great deal, but they did give you $3,425 in equity. You could have gotten that in cash, hence, you made a $3,425 down payment on this lease. End of story. This deal would be 438 with 438 due without that

Without getting a new car, no dealer in his right mind would pay $3000+ above verified wholesale price on a used, underpowered 2021 Compass, not in current market (we all know things were different last year). Do you disagree with this?

On a separate note: I had zero intention to cash in on equity. I have cash to pay up to $27000 balance (or whatever it is after my last payments) to US Bank today and resell this now used '23 Jeep to cash in on it. I am not interested in doing that.

How do you know they wouldn’t have done this deal without the trade?

Exactly what wouldn’t they have done? I am sure I could get $5250 in total rebates (as I did), and my out of pocket cash and monthly would be higher without trade-in equity, which they overinflated above wholesale to sell me their new car. I am just as sure that I would not get additional $3425.14 in discounts on 2023 Compass, if they didn’t have my 2021 Jeep to justify that amount on paper.

The whole purpose of writing a detailed OP was to show how this deal could be replicated (not to suggest all 2021 Jeep Compass drivers to sell their cars $3000+ above verified wholesale value to Jeep dealers, or to get $9000 off MSRP on 2023 model without trading in their used Jeep). I take wholistic approach to my deals, you break it apart into two separate transactions. Neither would be possible in absence of another.

I doubt you drove 2023 model, more like 2021. Regardless, good for you. Don’t buy Jeep. I don’t sell Jeeps and don’t post to sell one to you.

Im glad we agree the trade value needs to be accounted for and the $333/mo with $333 das doesnt exist absent the trade.

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Of course not, why would I otherwise make a detailed post about trade and bring it up if 333/333 was possible without it?
The wholesale value of trade was obviously inflated to close the deal on new car, but I wouldn’t be able to make up for additional $3K+ in discounts without it.

Should have pocketed the 3500, especially with these high saving account rates for a better deal

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That would probably work if you were willing to lock up your cash in CD (which I don’t, I like ability to draw when I need). Some regular savings rates are not bad and comparable to 2008-2009 rates, but I don’t think it will last long. Feds will fluke up economy with jacked up rates, like they did 14 years ago, have massive layoffs, foreclosures and collapse the economy, after which they will drop rates down to zero. I expect this (major economic fluke up) to happen by end of this year or early next year. The whole fight for the past 7 years was to bring new admin who will fluke everything up, like the 2 after Clinton did.

You may want to update his other thread title for a VW Tiguan.

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Sweet legal action! (rubbing my hands with a glee).

This is painful…how the f$#@ we started with Jeep Compass and ended up in the economic collapse of 2007…

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