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  #13  
Old 05-31-2013, 12:27 PM
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Re: What should my final price be for a 2014 V6 overland?

did you finance with the dealer?
What rate did you get for what term?
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Old 05-31-2013, 12:34 PM
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Re: What should my final price be for a 2014 V6 overland?

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Originally Posted by photostu View Post
did you finance with the dealer?
What rate did you get for what term?
I did. 72 months, 1.64%. Put over 50% cash down on the car.
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Old 05-31-2013, 12:36 PM
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Re: What should my final price be for a 2014 V6 overland?

Impressive.
Thanks for sharing your experience.
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  #16  
Old 05-31-2013, 01:58 PM
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Re: What should my final price be for a 2014 V6 overland?

Damn, that's a cheap rate for 72 months. Even my credit union is 3.75%
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Old 05-31-2013, 02:16 PM
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Re: What should my final price be for a 2014 V6 overland?

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Originally Posted by Dabitz View Post
Damn, that's a cheap rate for 72 months. Even my credit union is 3.75%
The dealer always has access to cheaper rates than you will ever be able to get walking into a bank. Whether or not they offer them is another story.

My dealer is currently offering 2.64% on 78mos, which I thought was pretty decent for that term.
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  #18  
Old 05-31-2013, 02:28 PM
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Re: What should my final price be for a 2014 V6 overland?

I got 2% for 72 months.
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Old 05-31-2013, 03:51 PM
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Re: What should my final price be for a 2014 V6 overland?

Really might help if you provide the area you'll be looking for the Jeep because it does matter as to the different group buys out there.
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Old 05-31-2013, 09:47 PM
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Quote:
Originally Posted by Dabitz View Post
Damn, that's a cheap rate for 72 months. Even my credit union is 3.75%
My dealer matched my PenFed loan at 1.74% for 60 months. He then went down to 1.29% so I would agree to buying MaxCare Lifetime, which I got him to take $200 off of. Said he could not match the Internet prices I showed him for the warranty, but he got close enough.

Got a Limited v6, ORA II, 8.4AN, Sunroof for 2% under invoice.
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Old 06-03-2013, 01:37 AM
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Re: What should my final price be for a 2014 V6 overland?

I've been reading a lot of these threads and had a question about all this pricing below invoice. What are the dealerships making in these sales? Holdback? Other incentives? I'm trying to figure out how everyone is paying so much below invoice. For example, a 3.0 CRD Summit 4x4 invoices for $53,781 (MSRP is just a few dollars below $57K). 4% below that would be $51,630. Am I missing something? Doesn't invoice mean the amount the dealership pays for the vehicle?

Tony
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Old 06-03-2013, 07:11 AM
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Re: What should my final price be for a 2014 V6 overland?

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Originally Posted by Tony407 View Post
I've been reading a lot of these threads and had a question about all this pricing below invoice. What are the dealerships making in these sales? Holdback? Other incentives? I'm trying to figure out how everyone is paying so much below invoice. For example, a 3.0 CRD Summit 4x4 invoices for $53,781 (MSRP is just a few dollars below $57K). 4% below that would be $51,630. Am I missing something? Doesn't invoice mean the amount the dealership pays for the vehicle?

Tony

Hey Tony,

By no means am I saying that this answer is right, but what I think the case is is that dealers truly do pay below the invoice price. I believe they have other incentives which will make their true costs below invoice. The dealer that I bought it from tried telling me that they have to pay for the cars on the lot each day it sits there. My response: I am ordering a car and will pick it up the same day it is delivered. Why should I pay for your other cars on the lot to sit there?

You absolutely can get 4% (i didn't try, but even more) below invoice. Hope this helps.
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  #23  
Old 06-03-2013, 09:12 AM
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Dealer gets 3% holdback, so think 3% under invoice is what he gets. Then if you have the affiliate and use it, he will get 2% on that. So if you get it at 4% under, the dealer will get 1% holdback on the deal.
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Old 06-03-2013, 09:13 AM
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If the car is on the lot that the dealer ordered, yes they have to pay for it. If it was an order for a customer, they don't pay a dime on it.
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