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Huge Markdowns Already?
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65 Posts
Sorry, trying to post from my tablet and it got a little crazy...
http://www.gardencityjeepchryslerdodge.com
Hopefully the picture attached shows up, they're already discounting some Renegades up to $4400!
http://www.gardencityjeepchryslerdodge.com
Hopefully the picture attached shows up, they're already discounting some Renegades up to $4400!
Attachments
I saw these discounts as well, and believe they are including every incentive that Jeep offers, although you most likely will not qualify for them. You need to check the fine print on the website. I tried emailing this dealership multiple times to get them to tell me how to qualify for the discounts listed on the website, but nobody could give me a straight answer, so I ended up just writing them off and bought my Renegade Trailhawk from Huntington Jeep instead.
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Wow if that's true that's pretty crazy.
I purchased mine at a $1k discount because the dealer was simply trying to get rid of it. Apparently FCA wanted every dealer to get at least one demo but the dealer I found it at was right in the middle of oil country. The guy told me they had no market for it up there and wanted it gone ASAP.
On the contrary, dealers here in my hometown are marking them up between $1200-$2000 which is why I expanded my search area. I wish I could have found a Renegade at THAT price!
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499 Posts
As jtjt mentioned, they've already included all the possible incentives from the manufacturer of which most you would not qualify for. Further, the price is almost guaranteed to be contingent upon you buying a model off of their lot and financed through the bank of their choosing. The rates you get would likely not be as good as what you'd get on your own.
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Yeah, sadly some dealers advertise that way in hopes to get people in the door. We're not one of them, we don't believe in that kind of marketing.
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499 Posts
I wish the rest of those dealers would follow suit. Kudos to you guys for not playing those games. I'm sure dealers like yours realize they can sell more cars without the games, pressure, or other frustrating tactics that these other guys are doing.
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97 Posts
Sadly we've lost deals to those other dealers because they "showed" a lower price. They run them down and just want to be done with it. I've seen it happen plenty of times. We do business the way we do and our customers appreciate it.
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105 Posts
I got mine at 3K off.
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At a dealer in Las Vegas, I saw $5000 AMV. That's right, not a discount but an outrageous price bump. And these were regular Renegades: Sport, Lat, Lim, TH -- not the Hellcat model. I'm not surprised there are still 15 of them unsold on the lot. Their online site doesn't show the AMV, so I'm wondering if they are using it to negotiate back down to MSRP like: "Wellllll we normally charge $5000 extra, but we'll let you have this one for the regular MSRP, that's a $5000 discount...now lets see about how much I can devalue your trade-in..."
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My dealership is charging $699 for a market adjustment on all Renegades. I was able to negotiate and get the sell price of my Trailhawk (their first) to about $1,000 below sticker.
Part of that mark down is probably only if you finance through them. My local dealer offered my wife an additional discount on her RAM 1500 but only if she finance with them. When I bought my Trail Hawk the other day, they matched the USAA (my bank) certified price plus another 500.00 military discount for a total of 1500 off the sticker price. They also paid off my old beater Elantra that still had 5100.00 left on the loan. The car had 144,000 miles on it, 2 cracks in the windshield, bald tires, and a tear in the driver seat. So I was very happy they took it. Also there were only two Trail Hawks within 150 miles of my house. All the dealers had plenty of 2x4's though.
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3,718 Posts
That's the sop for (prepare overly enthusiastic voiceover guy voice) "$5000 off dealer posted price!!!!!!!! At scum sucker Chevrolet/Kia/whatever. Just get down here and pretend we aren't ripping you off!"
By me it has gotten stupid. It's up to $7500 pretend dollars. They print up bogus window stickers too.
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Can't say anything on the quality of the loans, but for jeep at least, the incentives have been under the market average.
Chrysler pretty much has to be making sub prime loans. They are dominating the industry right now.
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116 Posts
Out of curiousity what kind of price can someone negotiate on these?
IE, I should be able to get the Friend Pricing on this as my g/f did on her Jeep GC a few months ago which looks like about 4% off the MSRP on the Renegades.
Would someone actually be able to negotiate that price without the Friend Pricing normally on a newer vehicle like this (before incentives)?
IE, I should be able to get the Friend Pricing on this as my g/f did on her Jeep GC a few months ago which looks like about 4% off the MSRP on the Renegades.
Would someone actually be able to negotiate that price without the Friend Pricing normally on a newer vehicle like this (before incentives)?
I mean the Renegade is a bit overpriced so it doesn't surprise me that it is being discounted a bit, or at least it is seemingly being discounted a bit. Gotta be careful of slimy sales advertising, but if you can get a nice discount then more power to you.
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By all means, get all you can. But be careful about looks too good to be true.
I got about 1.5% below invoice. BurningGirl said she snagged $900 below invoice (which I'd imagine works out to be about 3%). Costco appears to be offering about 2% below on average if you buy through them.
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65 Posts
Through Affiliate Rewards via my job, we get 1% below invoice. That's my fallback plan, but hoping to get more off than that
Went to Truecar to poke around (never used it before) and for a model with a $27,975 sticker, the true car prices ranged from like $26,700 - $27,300. The $26k one had a note underneath it that the dealer would add $599 for paperwork or something where as the other two dealers listed that at $25. So really, they all came out about the same, just under $27.3k.
And I'm a wimpy negotiator, so I could be in trouble.
Went to Truecar to poke around (never used it before) and for a model with a $27,975 sticker, the true car prices ranged from like $26,700 - $27,300. The $26k one had a note underneath it that the dealer would add $599 for paperwork or something where as the other two dealers listed that at $25. So really, they all came out about the same, just under $27.3k.
And I'm a wimpy negotiator, so I could be in trouble.
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