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Current Incentives

5K views 30 replies 22 participants last post by  Dan JGC 
#1 ·
Does anybody know what the new incentives are now? Lease/ financing? I know the other ones ended the other day but i have been unable to find anything online.

Thanks
 
#3 ·
I wanted to leech on this thread, cause same subject.

The Info:
I been in market for a new SUV vehicle in Salt Lake. I took home the Grand Cherokee for the weekend from my local dealer, and the product sells itself, Parley's Canyon didn't even faze her at all, and I now 100% sold on the G. Cherokee, over the Pathfinder, Explorer, Cherokee, Durango, and 4Runner.

The Jeep I took home was a GC Laredo E, with just the Off Road package, MSRP 34.4, and they wanted $33,250 for the vehicle, which of course is the invoice, and not acceptable. It is basically at a stalemate, I returned it, and the bottom line is, I want the tow, and screen/wheel packages with the off road, and KBB's price for all that is $34.9k, which is 3k more than I wanted to pay tops.

So basically, my plan is to wait it out as long as possible till I get the right deal and of course to save up for an even bigger down payment!



The question:

I would just like to know when Jeep does its deals so I can get an idea of how much to save and how quickly.

I been trying to find info on "past incentives", not future ones. Like how much others got, and when. So that maybe I can get an idea of when the deals are going, and if one pops up, if its incentive are good or not.

My cousin claims she got $2,000 incentive and 1k off the asking price of a Grand Cherokee Laredo, and I think she got it in 2011-2013. From What I read on forums, I missed the "winter/Christmas" sale where people were getting 500-1000 in incentives.

I am guessing the next best deal will be around Memorial Day Weekend, cause in Utah, Memorial Day weekend means lots of 4 Wheeling, and partying out in the desert.
 
#4 ·
I've noticed some multi-thousand incentives, etc. for the vehicles collecting dust on dealer lots. I suspect it may be some time before we see 4-5K off a GC, unless your dealer lots are far more heavily populated than the ones around here.

Have you wandered around different dealers in the area, or are all of them holding fast to invoice on hot selling vehicles?

PS. There are a few easy to join groups that can at least get affiliate pricing.
 
#12 ·
PS. There are a few easy to join groups that can at least get affiliate pricing.
If you don't mind me asking which groups can I join to get this pricing??
 
#5 ·
The way I see it:

Right now Jeep is riding high. They have a great vehicle to ride the Polar Vortex Storm. Their competition is very limited. Fast forward a few months; Honda has their new Pilot out (I know, it is not a direct competitor, but I truly believe there will be many, many families opting for it over the Jeep). Same with the Toyota Highlander; again, not a direct competitor unless you think in terms of CUV market, which the Jeep will fall into for many.

So I say, if you can, wait until the "competition" catches up a little, then Jeep will be more willing to deal when the showroom floor sees less sales.

As to Factory incentives, I can maybe see $500 customer cash in May, but that's probably it. I'm thinking their numbers are up, and by not offering rebates they will only raise their stock.

Of course, I could be totally, completely, off base!
 
#6 ·
The "Summer Clearance Event" should begin in the mid July timeframe. At that point, the 2015 models will be in production and starting to hit the dealer's lots, and the 2014 models will need to go.

I am willing to bet that there will be some Factory Cash on the Grand Cherokees in this time frame for buyers that aren't in any kind of hurry.

--AGLAT
 
#9 ·
The $33.2k is about $200 shy of 4%, so probably like 3.7%. I am sure I could get to 4% if I buy on the spot. I just haven't got that serious yet to really get a solid price, I only decided on the GC recently.

All the dealers I see get mad when I tell them the bank is doing all my Auto stuff. I think they're funny wanting you to let them run your credit and try and get you a loan from "dozens of banks", it cracks me up, one dealer (not jeep), literally said, "so your not getting gap, extra warranty, or any extras with us?". Almost all said "let us run your application anyway and try and get a better rate". The dumbest I heard was, "Use your credit card for the rest of the down payment". All dealers including Jeep, are all about "Buy Now", they say just about anything to get you to buy on the spot.
 
#8 ·
July is a good time frame. That gives even more time than I thought for saving up for bigger down payment. Means no insurance, interest, or car payment for another 5 months.

I know there is a couple of them in the city in my color, that have my package or packages. I just don't want to buy with no incentive.
 
#11 ·
Many years ago I had a BMW sales guy tell me he couldnt feed his family if he sold me the car at that price. I told him I didnt care if he fed his family ramen noodles and had to go on food stamps. I was working another dealer against him and had a deal already and just wanted the price matched since they were closer. He had to finish a delivery so I was waiting in his office. Sales manager came by and asked if he could help I said sell me this car at this price. He took a quick look and said sure. I signed the papers and was out of there in less than 10 minutes. I dont like to waste time and no I dont want your financing I go with my credit unions. When the car arrived at dealership I showed up with a box of ramen noodles and left them on the sales guys desk. He wasnt amused. Too bad. Shame all vehicle manufacturers and dealers in the US dont use the Saturn model for sales. Thats the price no negotiating and the dealer down the street isnt going to beat it.
 
#17 ·
Sales manager came by and asked if he could help I said sell me this car at this price. He took a quick look and said sure. I signed the papers and was out of there in less than 10 minutes. I dont like to waste time and no I dont want your financing I go with my credit unions.
^^^^^This^^^^^

I compiled a list of what I wanted in a JGC. I scoured the sites of dealers within 300 miles, found the car I wanted about 250 miles away. I called and asked for the sales manager. I did the whole deal with him in less than 10 minutes. I caught him at a time (truly) where he had a lot of cars to sell before a deadline 3 days away. A couple of more emails to seal details of the deal. My wife and I had a nice little over nighter to Seattle to pick up our new wheels. The only time I dealt with a salesman was when we did the walk-around and test drive. Then it was on to the finance office (a quick trip since we paid cash).
 
#14 · (Edited)
So I got my 2014 Grand Cherokee Laredo E!!!

$37,452, and $40,300ish OTD (It wasn't 41k like the estimated but my credit union got it right, it was somewhere in the $40.5 area). That full price doesn't include any money down, but did include Gap insurance, and all of Utah's fees and taxes, including few things the dealer slapped on like their stupid doc fee.

I got it below the lowest green area on KBB, the white area where it says 3 people got that price aka below $37.6. According to it, the $38,105 that is fair purchase price, that is 5.5% below MSRP. Meaning my price is 7.2% below MSRP, or $1,140 below Invoice.


After my down payment, my monthly is a $590 a month payment rounded, that is at 2.74%, for 5 and 1 half years, aka 66 months.

Bright White and Morocco Black Interior
V6 4x4

Add Ons:
Off Road Package
Screen and Wheel Package
Tow Package
Security and Convenience Package
Sun Roof
CD Player
 
#16 ·
Hey, congrats Salt Slasher! So it sounds as though you also did not receive any incentives? Just typical dealer mark-down, no factory stuff.
Like you, I'm just happy to be in mine at a "reasonable" cost. Best of luck!
 
#18 ·
For those who may be interested, Chrysler Financial is now offering a money factor of .00005, which is equivalent to 0.12% apr, on overlands. MF for limited is slightly higher though, but still very low. CF is also giving $2k incentives on top of conquest or loyalty for leases. I am not certain if the $2k applies to financing. Hopefully this helps somebody who's shopping for a wk2.
 
#23 ·
I saw the MF for March was lower and the residual for 15k miles was 50% on an Overland. For a limited it is 54% I believe which helps balance the higher MF. Is the $2k incentive published somewhere, I haven't seen it. I've been a little curious of getting into a lease, it would be the first time leasing so I feel a little uncomfortable w/ the change. I'm hoping that I can find a GREAT deal end of March. Haven't been able to get exactly what I want as of yet from the dealers. Maybe w/ the $2k incentive I could add that to their offer? Maybe it does already include it. Was that there in Feb? My quote was from Feb.

Any loyal Jeep owners out there who always lease have the dealer not charge you for going over the mileage if you go into another lease?
 
#19 ·
My $500 coupon showed up today. I have my JGC for 5 weeks now so too late for me and there is no way I can offer it to anyone here given it is in my name.
Dang.
Well thank you Chrysler and Jeep and this has been a very fine vehicle by the way to those planning to buy one...
 
#22 ·
My $500 coupon showed up today. I have my JGC for 5 weeks now so too late for me and there is no way I can offer it to anyone here given it is in my name.
Dang.
Well thank you Chrysler and Jeep and this has been a very fine vehicle by the way to those planning to buy one...
Well, that stinks. Sorry man. Curious as to when you "applied" for the voucher and how long it took to get to you.
 
#20 · (Edited)
Salt', dealers make money on financing and they have been able to beat even PenFed rates for me, even when I was pre-approved with check-in-hand. Don't be loath to "entertain them" by allowing them to meet or beat a bank or other rate you already have if you have good credit standing and it may actually help you get a little better price on the vehicle. It will not hurt your credit score to have a targeted inquiry like that. The last days of the month and especially last days of the quarter are the best days to buy. They will often give a better price that lowers their on-that-vehicle profit in order to move units that qualify the dealership for substantial incentives from the factory for volume.
 
#24 ·
2 dealerships mentioned the $2k rebate from Chrysler Financial in addition to returning lessee and lease conquest but 1 dealership said no. I didn't push proceed because they weren't discounting much off invoice.

You should reach out to the dealerships. I have a 2012 WK2 Laredo and would like to get into a new limited with diesel. But am not in any rush.

Good luck.
 
#31 ·
Nope.....these coupons have a firm delivery date requirement. You do have the option for order date and delivery date to choose the incentives but not for these postcards in the mail which have a firm delivery date requirement.
 
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