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  #7465  
Old 08-06-2013, 08:10 AM
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Re: 2014 Grand Cherokee - Ordering Information and Pricing

Dealer can make money off numerous ways; EPP is less than 2.5 times holdback and the destination fee is really not 995, so money there can transition-some dealers will get incentives too from financing with certain lenders in the way of rate incentives etc. I have heard of some dealers selling the rate up on financing by .25 and profiting that....also, if you trade in, they base much on expected profit later.
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  #7466  
Old 08-06-2013, 08:28 AM
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Re: 2014 Grand Cherokee - Ordering Information and Pricing

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Originally Posted by Laureljoke View Post
Good question. How do you know how much the holdback is, though?
Chrysler's formula is: MSRP - delivery charge X 3% = holdback.
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  #7467  
Old 08-06-2013, 10:21 AM
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Quote:
Originally Posted by pfp_az View Post
Hopefully I should be purchasing a 2014 JGC tonight. I've worked out what I feel is a very good deal but it's really got me wondering... How does the dealer make any money when they do a deal so far below invoice that they have gone beyond the holdback?
Just watch out for trade in values and ADM, that is, doc. fees, etc.; make sure your getting the deal you think you are.
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  #7468  
Old 08-06-2013, 10:23 AM
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Re: 2014 Grand Cherokee - Ordering Information and Pricing

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Originally Posted by Laureljoke View Post
Good question. How do you know how much the holdback is, though?
One dealer (that I couldn't come to a deal with) showed me what their holdback is. I don't remember the exact amount but it was definitely under $1500. I suppose he could have been fibbing but they seemed to be very honest with me.

He also explained that the only way the deal I proposed might make sense is on the last day of the month when they need to sell that extra car to hit a milestone and get a big bonus for it. Then a large loss on one car can be offset by the big bonus for hitting the milestone. But in this case it's the first week of the month.
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  #7469  
Old 08-06-2013, 11:03 AM
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Re: 2014 Grand Cherokee - Ordering Information and Pricing

Quote:
Originally Posted by pfp_az View Post
One dealer (that I couldn't come to a deal with) showed me what their holdback is. I don't remember the exact amount but it was definitely under $1500. I suppose he could have been fibbing but they seemed to be very honest with me.

He also explained that the only way the deal I proposed might make sense is on the last day of the month when they need to sell that extra car to hit a milestone and get a big bonus for it. Then a large loss on one car can be offset by the big bonus for hitting the milestone. But in this case it's the first week of the month.
That is exactly how my father operated his Chrysler Dealership. That is also how the person who purchased my father's dealership operates.
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  #7470  
Old 08-06-2013, 02:31 PM
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Re: 2014 Grand Cherokee - Ordering Information and Pricing

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Originally Posted by Matt18 View Post
Does anyone know the rough estimate of delivery if the CRD order date of Aug 9th sticks, YOu think it will be end of SEP or OCT ?
Honestly?

6-8 weeks after production is pretty safe.

Production starts August.. 19th? 22nd? Something like that.

Sooo... end of Oct most likely, though maybe sooner if the car Gods like you (some folks are seeing 4 weeks right now on WK2 with petrol engines).
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  #7471  
Old 08-06-2013, 02:57 PM
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Re: 2014 Grand Cherokee - Ordering Information and Pricing

3 more days until diesel order banks open*

Tip: Dealers *might* be able to start inputting orders on Thursday night...
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  #7472  
Old 08-06-2013, 03:11 PM
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Re: 2014 Grand Cherokee - Ordering Information and Pricing

Quote:
Originally Posted by Milous View Post
3 more days until diesel order banks open*

Tip: Dealers *might* be able to start inputting orders on Thursday night...
Unicorns farting rainbows and skittles until I see it!

That being said, I'm keeping my fingers crossed (as is my dealer).
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  #7473  
Old 08-06-2013, 03:15 PM
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Re: 2014 Grand Cherokee - Ordering Information and Pricing

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Originally Posted by Temerarius View Post
Unicorns farting rainbows and skittles until I see it!

That being said, I'm keeping my fingers crossed (as is my dealer).
That is quite the image
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  #7474  
Old 08-06-2013, 03:23 PM
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Re: 2014 Grand Cherokee - Ordering Information and Pricing

Quote:
Originally Posted by Temerarius View Post
Unicorns farting rainbows and skittles until I see it!

That being said, I'm keeping my fingers crossed (as is my dealer).
Milous has always posted EXTREMEY reliable information.
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  #7475  
Old 08-06-2013, 03:32 PM
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Re: 2014 Grand Cherokee - Ordering Information and Pricing

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Originally Posted by SE3.5 View Post
Milous has always posted EXTREMEY reliable information.
I would call it more than EXTREMELY reliable!
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  #7476  
Old 08-06-2013, 04:02 PM
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Re: 2014 Grand Cherokee - Ordering Information and Pricing

Quote:
Originally Posted by Temerarius View Post
Unicorns farting rainbows and skittles until I see it!

That being said, I'm keeping my fingers crossed (as is my dealer).

omg... you owe me a monitor... I just spit water all over my old one...

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