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  #25  
Old 03-24-2013, 09:18 PM
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Re: Help: Struck Out ordering '14 Summit at 2 Dealers !

Hold back is 3%. So if they sell to you at Invoice - 3%, they have to make money elsewhere. Trade, add-ons, warranty, financing, etc.

Large volume dealers may get an additional kickback from Chrysler, but no dealer in the world factors that in to the cost of their vehicle unless they know for a fact that they can hit whatever target (ie, you go in to buy a fleet of 20 trucks).
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  #26  
Old 03-24-2013, 09:27 PM
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Re: Help: Struck Out ordering '14 Summit at 2 Dealers !

Let's start with the invoice. It is the nominal cost to the dealer. If a dealer sells you the car for invoice, he still has other streams of income on the car ... Hold back and quota bonuses.

Chrysler has an affiliates program which you might be able to participate in through your employer. In a large company check with human resources. The other way to participate is to join some environmental organization. I joined Tread Lightly.

With this program, Chrysler guarantees you a price of 1% below invoice. For participating, the dealer's cost is 2% below invoice. So if the dealer gives you 1% without the program or 2% with, he is selling you the car at his nominal cost. Some vehicles are excluded.

The 3% hold back is based on MSRP, and is an amount Chrysler allows the dealer to cover 'floor plan expenses'. An example would be interest the dealer pays until he sells the vehicle and actually pays for it. So the quicker the dealer sellls the the car, the more he gets to keep. On an ordered car that is sold as soon as it comes off the truck, the dealer gets to keep all or most of the hold back.

Next is the bonus for making quota. If the dealer makes the quota set for the 20th of the month he gets $150 for every vehicle sold. If he reaches his end of month quota, he gets another $600 for every vehicle sold.

Now it must be remembered that running a dealership isn't cheap. It's not like the owner gets to put all that money in his pocket.


If I've made errors, please feel free to correct them as it's late, working from memory, and typing on a tablet.

And note, where ever I said he, please read it as he/she.
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  #27  
Old 03-24-2013, 09:29 PM
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That was very good Bill...as well as Fauee
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  #28  
Old 03-24-2013, 09:34 PM
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Re: Help: Struck Out ordering '14 Summit at 2 Dealers !

Quote:
Originally Posted by bill_de View Post
Chrysler has an affiliates program which you might be able to participate in through your employer. In a large company check with human resources. The other way to participate is to join some environmental organization. I joined Tread Lightly.

With this program, Chrysler guarantees you a price of 1% below invoice. For participating, the dealer's cost is 2% below invoice. So if the dealer gives you 1% without the program or 2% with, he is selling you the car at his nominal cost. Some vehicles are excluded.
Thanks Bill....Great Info Here !!

So if the Dealer already offered me 1% Below Invoice for the "Affiliates Program" could I also join Tread Lightly and get another 1% for a Total of 2% ?
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  #29  
Old 03-24-2013, 09:37 PM
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Re: Help: Struck Out ordering '14 Summit at 2 Dealers !

I am local to you, Beski, I will send you a PM.
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  #30  
Old 03-24-2013, 10:19 PM
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Re: Help: Struck Out ordering '14 Summit at 2 Dealers !

Not much I can add to bills post.

And no, you can't combine programs to get deeper discounts.
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  #31  
Old 03-24-2013, 10:51 PM
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If you were in Illinois you could check with a dealer here that's giving invoice minus 4%.
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  #32  
Old 03-24-2013, 10:55 PM
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Re: Help: Struck Out ordering '14 Summit at 2 Dealers !

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If you were in Illinois you could check with a dealer here that's giving invoice minus 4%.
I am checking Air Fares now !!
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  #33  
Old 03-24-2013, 11:35 PM
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Re: Help: Struck Out ordering '14 Summit at 2 Dealers !

As I posted on another link, Dealers here in Atlanta are taking $2500 off msrp for a 14. I just bought a loaded 2014 Limited and my trade was at kkb. I don't know about your area but in Atlanta Jeeps are not moving as well as other manufacturers. The price for your trade sounds good though.
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  #34  
Old 03-25-2013, 07:00 AM
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Re: Help: Struck Out ordering '14 Summit at 2 Dealers !

Quote:
Originally Posted by 2014GC View Post
As I posted on another link, Dealers here in Atlanta are taking $2500 off msrp for a 14. I just bought a loaded 2014 Limited and my trade was at kkb. I don't know about your area but in Atlanta Jeeps are not moving as well as other manufacturers. The price for your trade sounds good though.
For the Summit, Dealer Invoice is $2,955 off of MSRP and adding another 1% Below Invoice is $550 more, so I am at about $3,500 off of MSRP now and was still hoping for another $500 to $1,000 !!
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  #35  
Old 03-25-2013, 10:06 AM
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Re: Help: Struck Out ordering '14 Summit at 2 Dealers !

Quote:
Originally Posted by Beski View Post
For the Summit, Dealer Invoice is $2,955 off of MSRP and adding another 1% Below Invoice is $550 more, so I am at about $3,500 off of MSRP now and was still hoping for another $500 to $1,000 !!
Check out this older thread, it may have your $500-$1,000 off in it. Read the whole thread, maybe it will work for you, it worked for me to the tune of $500.
$500.00 Bonus Cash Allowance
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  #36  
Old 03-25-2013, 10:15 AM
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Re: Help: Struck Out ordering '14 Summit at 2 Dealers !

Best I was able to do was 1.75% off invoice. Two of the three dealers in town wouldn't go below invoice at all. I think your 1.5% offer is pretty fair. The difference in 0.25% is only about $100.
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