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View Poll Results: What did you pay for the Overland Model with Air Suspension
Invoice or less 107 69.03%
less than $500 over invoice 26 16.77%
$501- $750 over 5 3.23%
$751- $1000 over 6 3.87%
$1001- $1500 over 2 1.29%
$1501- $2000 over 2 1.29%
$2001 to MSRP 6 3.87%
Over MSRP 1 0.65%
Voters: 155. You may not vote on this poll

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  #61  
Old 02-06-2011, 03:52 PM
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Re: What did you pay for Overland model with Quadra-lift

http://www.jeep.com/en/incentives/

Just select the vehicle your looking at. Only the Laredo's show a 1.9/60, so not sure if I got lucky / the jeep site isn't updated / or dealer screwed up... All I know is it saved me over $1700 over the term of the loan compared to 3.9.
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  #62  
Old 02-06-2011, 05:07 PM
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Re: What did you pay for Overland model with Quadra-lift

Those "incentive" rates are somewhat missleading, if you have good credit (720 or higher auto weighted FICO score, not to be confused with your "regular" FICO score) a half way decent finance manager can beat those rates. They just submit your application and Ally (GMAC) returns the approval with the rate. If, however, you have decent credit (lower than a 720 but higher than 640) then they might use the incentive rate vs. the normal rate since it's subsidized by Chrysler. I think the crossover between what they will offer vs. the subsidized rate happens right around the 680 score level.
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  #63  
Old 02-06-2011, 05:12 PM
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Re: What did you pay for Overland model with Quadra-lift

I see 5.9 for 72 months!

There are banks in my area offering $40k for 72 months for 3.44 to 3.99.

Wouldn't you think Chrylser Jeep would be able to do better, especially since your financing one of their vehicles??
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  #64  
Old 02-06-2011, 05:26 PM
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Re: What did you pay for Overland model with Quadra-lift

Quote:
Originally Posted by mjw930 View Post
Those "incentive" rates are somewhat missleading, if you have good credit (720 or higher auto weighted FICO score, not to be confused with your "regular" FICO score) a half way decent finance manager can beat those rates. They just submit your application and Ally (GMAC) returns the approval with the rate. If, however, you have decent credit (lower than a 720 but higher than 640) then they might use the incentive rate vs. the normal rate since it's subsidized by Chrysler. I think the crossover between what they will offer vs. the subsidized rate happens right around the 680 score level.
Ally (or their finance manager) must publish a sheet of current best rates vs. the jeep incentive, as I was told the current "incentive" was 1.9% (the sales guys words not mine) for 60 months. They had the workup with payment, etc before even getting the SS and submitting to Ally.

The CPO Cadillac I purchased 2 weeks ago was at Cadillac's promo rate of 2.9%/60 also financed by Ally.

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Originally Posted by Hollywood View Post
I see 5.9 for 72 months!

There are banks in my area offering $40k for 72 months for 3.44 to 3.99.

Wouldn't you think Chrylser Jeep would be able to do better, especially since your financing one of their vehicles??
Chrysler isn't financing you, their primary lender is Ally (chrysler financial is basically dead). Ally typically set the rates in conjunction with GM or Chrysler, often through subsidizing the loan in order to make more sale.
Based on the recent horrible residuals on luxury vehicles i doubt they want anything to do with a 72 month loan but offer it to be competitive. This is also way many of the lease are way off their cost from 2 years ago (mid 40% residuals vs 60% and less incentives)
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  #65  
Old 02-06-2011, 05:48 PM
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Re: What did you pay for Overland model with Quadra-lift

Paid invoice. Ordered it on September 22 got it thirteen weeks later. I have bought 5 jeeps over the years from him so he treated me well.

Mineral Gray
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  #66  
Old 02-06-2011, 05:58 PM
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Re: What did you pay for Overland model with Quadra-lift

Quote:
Originally Posted by lweisenb View Post
Ally (or their finance manager) must publish a sheet of current best rates vs. the jeep incentive, as I was told the current "incentive" was 1.9% (the sales guys words not mine) for 60 months. They had the workup with payment, etc before even getting the SS and submitting to Ally.

The CPO Cadillac I purchased 2 weeks ago was at Cadillac's promo rate of 2.9%/60 also financed by Ally.
I don't know about "MUST" publish anything, that may be entirely dependent on your state. Here in FL there is no such requirement. The finance manager has the current rates by tier but they are always subject to final underwriting, even if the report the dealership pulls returns a number that qualifies you for a particular tier that must be qualified by Ally underwriting and a formal approval number given. They may put you in the car and let you drive home but until the finance company validates all the information and funds the loan nothing is final. The practice of "rolling" the car and dealing with the financing later pretty much stopped during the financial crisis but it still happens from time to time. Of course the captive finance companies like Ally have gone to an 8AM ET to 10PM PT underwriting model and many deals can be approved and closed by computer but the final assignment of a rate is done by the computer based on your situation and can be almost anything, regardless what's "Published".

Quote:
Chrysler isn't financing you, their primary lender is Ally (chrysler financial is basically dead). Ally typically set the rates in conjunction with GM or Chrysler, often through subsidizing the loan in order to make more sale.
Based on the recent horrible residuals on luxury vehicles i doubt they want anything to do with a 72 month loan but offer it to be competitive. This is also way many of the lease are way off their cost from 2 years ago (mid 40% residuals vs 60% and less incentives)
Actually, Ally is writing a ton of 72 month loans at rates well below 5.9% (I know, I got one) and even offered 75 months at the same rate and less than 5.9% on 84 months.

Like i said before, the incentive rates are not the lowest but based on your credit profile it may be the lower than you could get without it. If you have good credit then use the incentive rates as a guide when determining what you can afford and it's likely, if you are honest about your situation, that you can get better than that when it comes time to write the deal.
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  #67  
Old 02-06-2011, 06:36 PM
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Re: What did you pay for Overland model with Quadra-lift

Quote:
Originally Posted by mjw930 View Post
I don't know about "MUST" publish anything, that may be entirely dependent on your state.
I didn't mean Must as in it is a requirement, I meant as in how else would the sales guy know that ally could/would do 1.9% for 60 on the Jeep but that same rate was not available on the Durango (was 3.9%).
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  #68  
Old 02-06-2011, 07:13 PM
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Re: What did you pay for Overland model with Quadra-lift

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Originally Posted by lweisenb View Post
I didn't mean Must as in it is a requirement, I meant as in how else would the sales guy know that ally could/would do 1.9% for 60 on the Jeep but that same rate was not available on the Durango (was 3.9%).
Ah, I see, that makes a lot more sense.
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  #69  
Old 02-12-2011, 11:52 PM
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Re: What did you pay for Overland model with Quadra-lift

Hello everyone! My wife and I ordered our first Jeep today and went with the Overland in Bright Silver, 4x4, Hemi, Black Interior, Adaptive Cruise & the 730N RHR. I was able to get the price down to $700 below invoice. After adding in $2810 in TT&L and the $780 Destination Charge, I still made it out the door $740 below the $46,445 MSRP (and we didn’t even have to leave a deposit)! I’m sure it’s not the best deal ever struck but we’re happy. Is it April yet?
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  #70  
Old 02-12-2011, 11:54 PM
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Re: What did you pay for Overland model with Quadra-lift

Did you purchase any extended warranty, and if so what was the entire total out the door with tax, tags, etc.,etc.,? Just curious.
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  #71  
Old 02-14-2011, 05:09 PM
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Re: What did you pay for Overland model with Quadra-lift

Ordered a V6 overland last week
Stone white
New saddle interior
Quadra-lift

MSRP- $42,995 + $780 destination

Paid $39,500 including destination so ended up being about $1,000 below invoice
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  #72  
Old 02-15-2011, 07:44 AM
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Re: What did you pay for Overland model with Quadra-lift

Sticker was $42,690 and I paid a $1000 below invoice - interesting item to note the NAV730N was $305 extra on all the Jeeps I looked at and I thought I was getting a NAV430N on this one but it came with a NAV730N at no extra charge.
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