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

Join Jeep Garage Today
Reply
 
Thread Tools Display Modes
 
  #13  
Old 05-23-2013, 12:55 PM
torifile's Avatar
Member
My Jeep: 2014 5.7L WK2
 
Join Date: Jan 2013
Posts: 633
Thanks: 27
Thanked 13 Times in 9 Posts
Rep Power: 1316888
torifile has a reputation beyond reputetorifile has a reputation beyond reputetorifile has a reputation beyond reputetorifile has a reputation beyond reputetorifile has a reputation beyond reputetorifile has a reputation beyond reputetorifile has a reputation beyond reputetorifile has a reputation beyond reputetorifile has a reputation beyond reputetorifile has a reputation beyond reputetorifile has a reputation beyond repute
Re: Has anyone gotten IDL bonus cash?

Quote:
Originally Posted by orion23 View Post
2014 JGC lease

What do you guys think of this deal here:
2014 Jeep Grand Cherokee Lease Deals NJ | 2013 Jeep Grand Cherokee NJ

I like the fact that they are upfront with the option to buy afterwards with added price, also price per mile after the original 10k.
There's nothing unusual about disclosing those terms.

Again, without the residual and money factor, it's hard to determine. But putting $3500 down on a lease is just plain dumb. Don't do it. Ever.

I wish I could stop saying that but people just don't seem to get it.

In short, it's a bad deal.
__________________

__________________
Current: 2014 Overland. V8. 4x4. Black on black.
SOLD! 2010 BMW 335d.
Reply With Quote
  #14  
Old 05-23-2013, 04:44 PM
Member
 
Join Date: May 2013
Posts: 8
Thanks: 0
Thanked 0 Times in 0 Posts
Rep Power: 427
orion23 is on a distinguished road
Re: Has anyone gotten IDL bonus cash?

Thank you for putting it so gently.....it's easier to understand this way
__________________

__________________
Reply With Quote
  #15  
Old 05-23-2013, 04:45 PM
Member
 
Join Date: May 2013
Posts: 8
Thanks: 0
Thanked 0 Times in 0 Posts
Rep Power: 427
orion23 is on a distinguished road
Re: Has anyone gotten IDL bonus cash?

How about $390 for a Laredo E , 2K down, with sunroof and added security package, 36/m, 12K / year and 2 years of maintenance ?
__________________
Reply With Quote
  #16  
Old 05-23-2013, 06:13 PM
Member
My Jeep: 2013 3.6L WK2
 
Join Date: Jul 2012
Posts: 181
Thanks: 0
Thanked 3 Times in 3 Posts
Rep Power: 898
z0lt3c is on a distinguished road
Re: Has anyone gotten IDL bonus cash?

Quote:
Originally Posted by torifile View Post
But putting $3500 down on a lease is just plain dumb. Don't do it. Ever.
You can reverse this by estimating $30 per $1000 so a zero down equivalent of this deal would be $350/mo plus fees and taxes. They just throw the cap cost reduction in to be able to advertise the lowest monthly payment. It's not like it's impossible to evaluate.

IMO it doesn't seem like that bad of a deal especially considering the $2250 IDL and $1000 conquest cash (if you even qualify). These terms are most likely offered by Hann Financial. The residual does seem too low and I am sure you could do better using an affiliate program to get 1% under invoice.

Quote:
Originally Posted by orion23 View Post
How about $390 for a Laredo E , 2K down, with sunroof and added security package, 36/m, 12K / year and 2 years of maintenance ?
Is it 2K down, as in a cap cost reduction, or is the 2K covering taxes and fees? If it's just taxes and fees, seems like this deal would be in the right ballpark, and probably a little better value then the first option you posted.

[others will complain about your lack of information but I don't have a problem backing out the rest of the details from the monthly payment and MSRP]

Since you seem to be in NJ I can recommend you talk w/ Baker Jeep in Princeton. I was able to get them to go to 1% under invoice on a 2014 Jeep Grand Cherokee Limited and with the IDL and other rebates and discounts it came to $495/mo 36mo 12K mi a year with $1500 out of pocket for taxes, fees and 1st payment. The lesser equipped Laredo should obviously be less but Baker, in my experience, will match most of the "best" deals you find in this forum.
__________________
Reply With Quote
  #17  
Old 05-23-2013, 07:40 PM
Member
 
Join Date: May 2013
Posts: 8
Thanks: 0
Thanked 0 Times in 0 Posts
Rep Power: 427
orion23 is on a distinguished road
Re: Has anyone gotten IDL bonus cash?

Quote:
Originally Posted by z0lt3c View Post
You can reverse this by estimating $30 per $1000 so a zero down equivalent of this deal would be $350/mo plus fees and taxes. They just throw the cap cost reduction in to be able to advertise the lowest monthly payment. It's not like it's impossible to evaluate.

IMO it doesn't seem like that bad of a deal especially considering the $2250 IDL and $1000 conquest cash (if you even qualify). These terms are most likely offered by Hann Financial. The residual does seem too low and I am sure you could do better using an affiliate program to get 1% under invoice.



Is it 2K down, as in a cap cost reduction, or is the 2K covering taxes and fees? If it's just taxes and fees, seems like this deal would be in the right ballpark, and probably a little better value then the first option you posted.

[others will complain about your lack of information but I don't have a problem backing out the rest of the details from the monthly payment and MSRP]

Since you seem to be in NJ I can recommend you talk w/ Baker Jeep in Princeton. I was able to get them to go to 1% under invoice on a 2014 Jeep Grand Cherokee Limited and with the IDL and other rebates and discounts it came to $495/mo 36mo 12K mi a year with $1500 out of pocket for taxes, fees and 1st payment. The lesser equipped Laredo should obviously be less but Baker, in my experience, will match most of the "best" deals you find in this forum.
Thanks for taking the time to reply.....

I just came back from a Jeep dealer in northern NJ and I told that the $390 was a no-no....instead this became $409
2,000 down to cover all fees / taxes....$409 / m, 12K / 36M with 2 years of complementary service (oil / and car wash...) This is for the Laredo E with sunroof and other upgrades
I said I'd think about it and they let me walk out
__________________

__________________
Reply With Quote
Reply

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
$500 Bonus Cash over email ominous24 Grand Cherokee - WK2 - 33 05-09-2013 07:16 AM
$1000 Conquest Bonus Cash N1242N Grand Cherokee - WK2 - 14 06-22-2011 02:04 PM
2011 Jeep Grand Cherokee - Rebate cash $1,500 & Bonus cash $1,000 per motor trend jgc4ever Grand Cherokee - WK2 - 10 03-31-2011 07:42 AM
2011 Jeep Grand Cherokee - Rebate cash $1,500 & Bonus cash $1,000 per motor trend jgc4ever Detailing 0 03-30-2011 06:21 PM
Bonus Cash Allowance Bob WK2 Grand Cherokee - WK2 - 9 12-02-2010 08:09 PM

Powered by vBadvanced CMPS v3.2.3

All times are GMT -5. The time now is 01:33 AM.


Powered by vBulletin® Version 3.8.8 Beta 4
Copyright ©2000 - 2014, vBulletin Solutions, Inc.
Copyright 2012 - JeepGarage.Org
The Jeep Grand Cherokee Owners Community