Good price on 2015 Limited? - Jeep Garage - Jeep Forum

Go Back   Jeep Garage - Jeep Forum > Jeep Platform Discussion > Grand Cherokee - WK2 -

Join Jeep Garage Today
Reply
 
Thread Tools Display Modes
 
  #1  
Old 05-19-2015, 11:20 AM
Member
 
Join Date: Oct 2013
Posts: 20
Thanks: 0
Thanked 1 Time in 1 Post
Rep Power: 1220
dodenheimer is on a distinguished road
Good price on 2015 Limited?

I negotiated the following for a 2015 limited with sunroof and nav.

MSRP
$42,230 including the $995 freight charge

My price - $36,607 plus tax (on the difference between the new car and the trade in) and tags. (Includes the $995 freight charge and the processing fee was waived)

I would be trading in my 2014 limited V8 which I can get $33000 for.

Seems like a good deal to me, I continue to make the same payments as I do now and get a car thats 1.5 years newer.

Reply With Quote
Sponsored Links
Advertisement
 
  #2  
Old 05-19-2015, 11:26 AM
Premium Member
 
Join Date: Aug 2013
Location: Boston
Posts: 1,794
Thanks: 42
Thanked 213 Times in 165 Posts
Rep Power: 76855
mswlogo has a reputation beyond reputemswlogo has a reputation beyond reputemswlogo has a reputation beyond reputemswlogo has a reputation beyond reputemswlogo has a reputation beyond reputemswlogo has a reputation beyond reputemswlogo has a reputation beyond reputemswlogo has a reputation beyond reputemswlogo has a reputation beyond reputemswlogo has a reputation beyond reputemswlogo has a reputation beyond repute
Re: Good price on 2015 Limited?

Quote:
Originally Posted by dodenheimer View Post
I negotiated the following for a 2015 limited with sunroof and nav.

MSRP
$42,230 including the $995 freight charge

My price - $36,607 plus tax (on the difference between the new car and the trade in) and tags. (Includes the $995 freight charge and the processing fee was waived)

I would be trading in my 2014 limited V8 which I can get $33000 for.

Seems like a good deal to me, I continue to make the same payments as I do now and get a car thats 1.5 years newer.
Sounds like a good deal to me. That's similar to what I just did.

2014 V6 Limited, 1.5 years old, got $32K for it, and got a similar discount on an Overland instead.


Note: that Factory Nav is better than Dealer activated Nav.
__________________
07-24-2017 Summit 3.6L Velvet Red W/Black & Brown Int
Tires: OEM 20"/Nokian 18"
Situational awareness: Valentine One with V1Driver on IOS
Reply With Quote
  #3  
Old 05-19-2015, 01:52 PM
JackBurton's Avatar
Member
My Jeep: 2015 3.6L WK2
 
Join Date: Jun 2012
Location: Pittsburgh PA
Posts: 55
Thanks: 10
Thanked 6 Times in 5 Posts
Rep Power: 1731
JackBurton is on a distinguished road
Re: Good price on 2015 Limited?

What's the price without the trade? There's two numbers, the price of what you're buying, and the price of your trade, I always think of them as separate deals. Make sure your discount on the new one is good, then off comes the +$ of your trade.

I am getting an Overland today, working on it since last week but got to the number fairly quick last week, and I ended up 9.5% below MSRP, and 5.9% below invoice (trying not to fudge for your benefit). It's easy to say 10% off MSRP, 6% below invoice, but I didn't quite get there. And that is before any incentives or my trade.

Apparently 5.5% below invoice is a great deal for the group buys listed on here, so I think I've done pretty good. Paperwork tonight to see if it all comes true.

So I don't know how your trade figures into your discount, but there's the %s of a good deal in my opinion (as in a deal I am actually making). Ideally YOU just have to think of your deal as a good deal, as geographically and model availability, and your local dealers, all factor into the price you can get. I'd suggest TrueCar as a baseline for a "good" deal, which so far I'v done better that what they listed.
Reply With Quote
  #4  
Old 05-19-2015, 02:10 PM
Member
 
Join Date: Oct 2013
Posts: 20
Thanks: 0
Thanked 1 Time in 1 Post
Rep Power: 1220
dodenheimer is on a distinguished road
Re: Good price on 2015 Limited?

thanks, I definitely did the deal for the new car and the trade separately. I think Im getting a great deal. sale price including fees is 13.4% below MSRP. Do you mind if I ask what the final sale price was for your overland. I was initially going to upgrade to one but just couldnt get the price down enough.




Quote:
Originally Posted by JackBurton View Post
What's the price without the trade? There's two numbers, the price of what you're buying, and the price of your trade, I always think of them as separate deals. Make sure your discount on the new one is good, then off comes the +$ of your trade.

I am getting an Overland today, working on it since last week but got to the number fairly quick last week, and I ended up 9.5% below MSRP, and 5.9% below invoice (trying not to fudge for your benefit). It's easy to say 10% off MSRP, 6% below invoice, but I didn't quite get there. And that is before any incentives or my trade.

Apparently 5.5% below invoice is a great deal for the group buys listed on here, so I think I've done pretty good. Paperwork tonight to see if it all comes true.

So I don't know how your trade figures into your discount, but there's the %s of a good deal in my opinion (as in a deal I am actually making). Ideally YOU just have to think of your deal as a good deal, as geographically and model availability, and your local dealers, all factor into the price you can get. I'd suggest TrueCar as a baseline for a "good" deal, which so far I'v done better that what they listed.
Reply With Quote
  #5  
Old 05-19-2015, 02:29 PM
JackBurton's Avatar
Member
My Jeep: 2015 3.6L WK2
 
Join Date: Jun 2012
Location: Pittsburgh PA
Posts: 55
Thanks: 10
Thanked 6 Times in 5 Posts
Rep Power: 1731
JackBurton is on a distinguished road
Re: Good price on 2015 Limited?

I have not seen the paperwork yet, but final price should be $42690 before tax, off of $47190 MSRP, but also before any trades or incentives, also not including the $500 cash incentive, and so on. I have stated the number repeatedly and I don't expect a run around especially because I can say "How many times did I say $4500?" and I have dealt with the salesman and dealer before... but again, going to see it in writing tonight. Your 13% deal makes me think I should have done even better... hmmm... I will post final numbers in the next few days for everyone's benefit, good or bad.
Reply With Quote
  #6  
Old 05-21-2015, 10:21 AM
Member
 
Join Date: Oct 2013
Posts: 20
Thanks: 0
Thanked 1 Time in 1 Post
Rep Power: 1220
dodenheimer is on a distinguished road
Re: Good price on 2015 Limited?

Actually ended up getting it for $36207+$333 processing+$68 tags. Not bad when I can give them a 2014 and get a brand new car and pay less per month. This was from the same dealership as the DC group buy but you can definitely get them for even less than that price.

MSRP - $42300
Price - $36207 (15% off msrp)

Even got $32,700 ($200 above kbb) for the 2014 limited trade in.
Reply With Quote
  #7  
Old 05-21-2015, 05:19 PM
Premium Member
 
Join Date: Aug 2013
Location: Boston
Posts: 1,794
Thanks: 42
Thanked 213 Times in 165 Posts
Rep Power: 76855
mswlogo has a reputation beyond reputemswlogo has a reputation beyond reputemswlogo has a reputation beyond reputemswlogo has a reputation beyond reputemswlogo has a reputation beyond reputemswlogo has a reputation beyond reputemswlogo has a reputation beyond reputemswlogo has a reputation beyond reputemswlogo has a reputation beyond reputemswlogo has a reputation beyond reputemswlogo has a reputation beyond repute
Re: Good price on 2015 Limited?

Quote:
Originally Posted by dodenheimer View Post
Actually ended up getting it for $36207+$333 processing+$68 tags. Not bad when I can give them a 2014 and get a brand new car and pay less per month. This was from the same dealership as the DC group buy but you can definitely get them for even less than that price.

MSRP - $42300
Price - $36207 (15% off msrp)

Even got $32,700 ($200 above kbb) for the 2014 limited trade in.
No doubt, you got a good deal.
But I would not use "Lower Car Payment" per month as a Metric to be a Net Gain or Loss on the transaction. Depends on the size of the loan and how much you put down (or traded) on first vehicle !!

Curious what you paid for the Limited you Traded.
__________________
07-24-2017 Summit 3.6L Velvet Red W/Black & Brown Int
Tires: OEM 20"/Nokian 18"
Situational awareness: Valentine One with V1Driver on IOS
Reply With Quote
  #8  
Old 05-21-2015, 06:57 PM
Member
 
Join Date: Oct 2013
Posts: 20
Thanks: 0
Thanked 1 Time in 1 Post
Rep Power: 1220
dodenheimer is on a distinguished road
Re: Good price on 2015 Limited?

Quote:
Originally Posted by mswlogo View Post
No doubt, you got a good deal.
But I would not use "Lower Car Payment" per month as a Metric to be a Net Gain or Loss on the transaction. Depends on the size of the loan and how much you put down (or traded) on first vehicle !!

Curious what you paid for the Limited you Traded.
If I remember correctly I paid around 37000 for the limited 20 months ago. I think 32700 after 20 months was a pretty good trade value.

I understand that the lower payment per month can be misleading but while I wouldn't normally trade in after so short of a time I think the value here was too good to pass up. Initial down payment on the 2014 was 23000 and I had a down payment for the 2015 from the trade of over 22000. Cost me less than. 1k to have the jeep for almost 2 years.
Reply With Quote
  #9  
Old 05-21-2015, 07:38 PM
JTS97Z28's Avatar
Premium Member
My Jeep: 2015 3.6L WK2
 
Join Date: Jan 2011
Location: Plainfield, IL
Posts: 3,861
Thanks: 88
Thanked 618 Times in 455 Posts
Rep Power: 28703
JTS97Z28 has a reputation beyond reputeJTS97Z28 has a reputation beyond reputeJTS97Z28 has a reputation beyond reputeJTS97Z28 has a reputation beyond reputeJTS97Z28 has a reputation beyond reputeJTS97Z28 has a reputation beyond reputeJTS97Z28 has a reputation beyond reputeJTS97Z28 has a reputation beyond reputeJTS97Z28 has a reputation beyond reputeJTS97Z28 has a reputation beyond reputeJTS97Z28 has a reputation beyond repute
Re: Good price on 2015 Limited?

Just curious why are you trading for the same vehicle?
__________________
2015 Jeep Grand Cherokee High Altitude, Bright White, V6, HK audio
Reply With Quote
  #10  
Old 05-22-2015, 06:57 AM
Member
 
Join Date: Oct 2013
Posts: 20
Thanks: 0
Thanked 1 Time in 1 Post
Rep Power: 1220
dodenheimer is on a distinguished road
Re: Good price on 2015 Limited?

Im usually someone who trades their car in after about 3 and 4 years. With this one it had only been 20 months but the numbers just made sense to do it. Didnt really lose any equity over the 20 months and the deal I got on the new one just made sense to do it now. It is the same car but the extended warranty starts over, get new tires, get to get rid of all of the little dings and dents on the old one. I know it seems stupid but I really dont think it was.
Reply With Quote
  #11  
Old 05-22-2015, 08:22 AM
JTS97Z28's Avatar
Premium Member
My Jeep: 2015 3.6L WK2
 
Join Date: Jan 2011
Location: Plainfield, IL
Posts: 3,861
Thanks: 88
Thanked 618 Times in 455 Posts
Rep Power: 28703
JTS97Z28 has a reputation beyond reputeJTS97Z28 has a reputation beyond reputeJTS97Z28 has a reputation beyond reputeJTS97Z28 has a reputation beyond reputeJTS97Z28 has a reputation beyond reputeJTS97Z28 has a reputation beyond reputeJTS97Z28 has a reputation beyond reputeJTS97Z28 has a reputation beyond reputeJTS97Z28 has a reputation beyond reputeJTS97Z28 has a reputation beyond reputeJTS97Z28 has a reputation beyond repute
Re: Good price on 2015 Limited?

Quote:
Originally Posted by dodenheimer View Post
Im usually someone who trades their car in after about 3 and 4 years. With this one it had only been 20 months but the numbers just made sense to do it. Didnt really lose any equity over the 20 months and the deal I got on the new one just made sense to do it now. It is the same car but the extended warranty starts over, get new tires, get to get rid of all of the little dings and dents on the old one. I know it seems stupid but I really dont think it was.
No it doesn't sound stupid and I'm not one to talk as I go through cars like crazy. Hopefully that will change though now with my newly purchased '14 Grand Cherokee which I hope to have a long while.
__________________
2015 Jeep Grand Cherokee High Altitude, Bright White, V6, HK audio
Reply With Quote
  #12  
Old 05-22-2015, 08:50 AM
Premium Member
 
Join Date: Aug 2013
Location: Boston
Posts: 1,794
Thanks: 42
Thanked 213 Times in 165 Posts
Rep Power: 76855
mswlogo has a reputation beyond reputemswlogo has a reputation beyond reputemswlogo has a reputation beyond reputemswlogo has a reputation beyond reputemswlogo has a reputation beyond reputemswlogo has a reputation beyond reputemswlogo has a reputation beyond reputemswlogo has a reputation beyond reputemswlogo has a reputation beyond reputemswlogo has a reputation beyond reputemswlogo has a reputation beyond repute
Re: Good price on 2015 Limited?

Quote:
Originally Posted by dodenheimer View Post
If I remember correctly I paid around 37000 for the limited 20 months ago. I think 32700 after 20 months was a pretty good trade value.

I understand that the lower payment per month can be misleading but while I wouldn't normally trade in after so short of a time I think the value here was too good to pass up. Initial down payment on the 2014 was 23000 and I had a down payment for the 2015 from the trade of over 22000. Cost me less than. 1k to have the jeep for almost 2 years.
I'm sorry it didn't cost you $1k to own it for 20 months.
You got a new loan for the same length of time, right?
You'll be paying loan payments longer than you would if you had kept the 2014.

It cost you the difference between what you paid for 2014, and what you got back for the 2014, plus tax, and 20 months of interest and fees.

What I think you are trying to say is it cost you $1k to "reset" your original purchase out 20 months. Which is also good.
__________________
07-24-2017 Summit 3.6L Velvet Red W/Black & Brown Int
Tires: OEM 20"/Nokian 18"
Situational awareness: Valentine One with V1Driver on IOS
Reply With Quote
Reply

Tags
2015, limited

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Grand Cherokee 2015 Overland 4*4 with price 42007 VS 2015 limited 4*4 with price 3537 knowme Grand Cherokee - WK2 - 12 04-28-2015 01:29 AM
2015 Limited 4x4 Price jocww 2014+ Jeep Grand Cherokee Ecodiesel 3.0 6 03-16-2015 02:43 PM
Good price on '14 GC Limited ? MusicAgent Grand Cherokee - WK2 - 6 03-11-2013 11:17 PM
2011 limited good price? jarhead727 Grand Cherokee - WK2 - 6 07-12-2012 04:19 PM
Is invoice plus the $1,000 back a good price for a Limited hammick Grand Cherokee - WK2 - 15 08-10-2011 06:47 PM

Powered by vBadvanced CMPS v3.2.3

All times are GMT -5. The time now is 07:56 AM.


Powered by vBulletin® Version 3.8.8
Copyright ©2000 - 2017, vBulletin Solutions, Inc.
Copyright 2012 - JeepGarage.Org
The Jeep Grand Cherokee Owners Community

JeepGarage.org is in no way associated with or endorsed by FCA US LLC. Chrysler, Dodge, Jeep, Ram, Mopar and SRT are registered trademarks of FCA US LLC.