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TorancisJeep

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Discussion starter · #1 ·
So there are a few Jeep dealers around my area closing. What kind of discount can one expect?

I got a quote way back when they have the Employee discount for a Patriot 4x2 for about $18k. I would like to have additional 2-3k off that amount. Is that unreasonable dealing?
 
If they are closing, what incentive do they have to sell it to you?
While the closings appear to be a boon for the shopper, it is probably not. These vehicle will just end up on the lots of another dealer.
There are several media outlets making it sound like there are going to be great deals but I wouldn't hold my breath.
 
I heard today that some U.S. dealers may be on the hook for their Chrysler vehicles once Chrysler has cut them loose. So, there *may* be some haggle room for those who may be eating any Jeeps.
 
I've been shopping my wifes Neon around for a pre-owned F150 or Ram lately and the general consensus at Chrysler and GM dealers has been that I might be able to get myself into a highly marked down new truck cheaper than a pre-owned vehicle based on manufacturers incentives.
 
I heard today that some U.S. dealers may be on the hook for their Chrysler vehicles once Chrysler has cut them loose. So, there *may* be some haggle room for those who may be eating any Jeeps.
They will just sell those vehicles to other dealers. If they can't sell them for what they paid for them then banruptcy here they come. There is no incentive to take a loss.

gaze said:
highly marked down new truck cheaper than a pre-owned vehicle based on manufacturers incentives
The vehicles that have mfr incentives will have good deals because the mfr is subsidizing the sale. On vehicles that the mfr is not subsidizing see above.
 
Dealers going out of business are not trying to get rid of inventory, they are trying to make the MOST amount of $$$ possible. it's like the liquidation at Circuit City...the deals were nothing special and you could find better deals on Amazon any day of the year.

If dealers cannot unload their inventory to customers they have 3 options.

1) sell to other dealerships at a loss, and then pay off their debts with banks... and also possibly still owe $$$ to the banks

2) sell to auto auctions at a loss, and then pay off their debts with banks... and also possibly still owe $$$ to the banks

3) sit and wait for the bank loans to default, then allow the banks and collections agencies to repossess the vehicles for the full market value along with any other misc inventory or material value within the dealer...and call it a day with no more debt to the banks. it's the beauty of LLC's ...


#3 is the better way to go since the business is vanishing anyways. a tarnished credit reputation for a dealer doesn't mean JACK for its employees since the dealership will be disappearing within a few months.

thus, dealers have NO INCENTIVE to give you a vehicle for thousands and thousands below MSRP. the whole "new round of incentives" marketing campaign is the biggest crock of a joke to come to an ailing automaker desperately needing to sell vehicles. people on this server got better deals buying leftover 2007 models without an advertising campaign, than people who recently used the Employee Price Plus Plus to buy a 2009 model

:doh:
 
The vehicles that have mfr incentives will have good deals because the mfr is subsidizing the sale. On vehicles that the mfr is not subsidizing see above.
The problem is that other dealers aren't likely to have the purchasing power to pick up leftovers from the dealers that are closing anymore than your average consumer does. Dealers aren't likely to add more inventory when they are struggling to get rid of what is currently on their lot. In the coming months, liquidizing remaining vehicles may be their only option. The Circuit City example is a fair one, but even in their waning days, a CD could be had for $2 and a metal storage rack could be purchased for $7. I would suspect that dealers going out of business will be able to get rid of their high demand vehicles, but for someone looking for a 4x2 Compass with zero options A deal may be had.

Having visited a Dodge Dealership that was closing, their offer and the discounts available was significantly lower than the one staying in business (though ultimately still above my price range for a Ram 1500).
 
Discussion starter · #8 ·
Dealers going out of business are not trying to get rid of inventory, they are trying to make the MOST amount of $$$ possible. it's like the liquidation at Circuit City...the deals were nothing special and you could find better deals on Amazon any day of the year.

If dealers cannot unload their inventory to customers they have 3 options.

1) sell to other dealerships at a loss, and then pay off their debts with banks... and also possibly still owe $$$ to the banks

2) sell to auto auctions at a loss, and then pay off their debts with banks... and also possibly still owe $$$ to the banks

3) sit and wait for the bank loans to default, then allow the banks and collections agencies to repossess the vehicles for the full market value along with any other misc inventory or material value within the dealer...and call it a day with no more debt to the banks. it's the beauty of LLC's ...


#3 is the better way to go since the business is vanishing anyways. a tarnished credit reputation for a dealer doesn't mean JACK for its employees since the dealership will be disappearing within a few months.

thus, dealers have NO INCENTIVE to give you a vehicle for thousands and thousands below MSRP. the whole "new round of incentives" marketing campaign is the biggest crock of a joke to come to an ailing automaker desperately needing to sell vehicles. people on this server got better deals buying leftover 2007 models without an advertising campaign, than people who recently used the Employee Price Plus Plus to buy a 2009 model

:doh:
jgg, you are actually wrong. Even two Jeep dealers around my area that are not closing is giving out Memorial Day incentives.

http://www.mancarisoforlandhills.com/new-inventory/index.htm?SByear=clear&SBmake=Jeep&SBmodel=Patriot&SBbodystyle=clear&SBprice=clear
 
jgg, you are actually wrong. Even two Jeep dealers around my area that are not closing is giving out Memorial Day incentives.

http://www.mancarisoforlandhills.com/new-inventory/index.htm?SByear=clear&SBmake=Jeep&SBmodel=Patriot&SBbodystyle=clear&SBprice=clear
i am certainly not wrong. i am referring to dealers ON THE CHOPPING BLOCK. they have no incentive to give you a good deal. just read my post again...much more slowly this time lol.

not sure if that dealer you provided the link for is on the chopping block or not. but getting $6K off is abnormal for a liquidation...
 
jgg, you are actually wrong. Even two Jeep dealers around my area that are not closing is giving out Memorial Day incentives.

http://www.mancarisoforlandhills.com/new-inventory/index.htm?SByear=clear&SBmake=Jeep&SBmodel=Patriot&SBbodystyle=clear&SBprice=clear
Yes, up to $6000 off 4x2s with CVT & not many options. Seems there are many plain 4x2s in many dealers & none 4x4s, even harder to find LTD models. Dealers up here in Canada are still holding the line on Patriots, as they claim it is one of their better selling vehicles, thus no incentives from Chrysler & very little discounts.
 
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