Jeep Patriot Forums banner

Pat Pricing?

1.9K views 13 replies 13 participants last post by  Rake  
#1 ·
You'll have to excuse me if this has been asked numerous times, but I want to get the best possible deal on a Pat. But who doesn't, right? I'm just wondering how much everyone paid for their Pat? I don't really want to pay much over invoice, I have all my figures together of how much a Pat is with the options I want on it for invoice prices. But what's the reality of that happening?

Thanks!

Yeah yeah....USE THE SEARCH FUNCTION..I know..I'm just lazy. :D:p
 
#2 ·
We got ours for under 20 out the door with a GPS-monitoring device (part of the security system) which was 1000$ alone. But it is a very base model. Only optional equipment we have on it is the smaller 2.0L engine (which gave us BACK 500$) & the CVT2 w/ autostick (which tacked on $1,100), which brought the total window-sticker (MSRP) to $16,935.
 
#3 ·
i have a 4x2 limited with all the goodies except the NAV and the better sound system and i paid about $22k out the door.
 
#4 ·
That's pretty good.

I want a Sport 4WD with the FDII, sunroof and I can't remember the actual name of the option package, but the one with the power windows, power locks, remote keyless entry and so on. When I build it on the Jeep site it's about 21-22 thousand depending on an 07 or 08. I think the 07 I can't get a sunroof on? Can't remember. I've looked at so many sites and read so many things that it's all kind melting together. :doh:
 
#5 ·
Got a deal

My '07 4X4 was stickered at $21,180 but with year-end incentives and a dealer coupon I got into it for $19,630. It was the last '07 they had on the lot. Is there really much difference between the '07's and '08's? I could have had a '08 for about $1K more but opted for the '07 because all the '08's they had were 4x2's and I didn't want to wait. :smiley_thumbs_up:
 
#7 ·
My '07 4X4 was stickered at $21,180 but with year-end incentives and a dealer coupon I got into it for $19,630. It was the last '07 they had on the lot. Is there really much difference between the '07's and '08's? I could have had a '08 for about $1K more but opted for the '07 because all the '08's they had were 4x2's and I didn't want to wait. :smiley_thumbs_up:
the lifetime warrenty is the biggest difference.

I got an 08 for 15035 -- Basic manual 4x2
 
#8 ·
Don't pay a cent over invoice, I paid $100 under about four months ago and got the first '08 that the dealer had sold.

The Patriot might be a nice car, but it's not in huge demand nor are there any other external factors that should cause it to be priced above invoice. Remember, the dealer gets at least a 3% holdback from the invoice price (usually around $500), as well as any factory-to-dealer incentives for # of units moved, etc. They'll tell you that 'invoice is what we pay'. Not so much, they're still getting a 5-10% profit on every deal at invoice.

Step 0 - Test drive a friend's or at a dealer if you haven't already. Annoying to get all the way to the purchase stage if only to find out you don't actually like the car.

Step 1 - Configure your Patriot on the Jeep website to find the MSRP

Step 2 - Determine the invoice price for your config via Edmunds or other online tool. The dealer ad fees (DAA and I forget the other) vary by area but they are apparently legit expenses; and may not show on some online estimates of invoice price.

Step 3 - Contact several area dealers for quotes via the internet to establish a 'going rate' for the given configuration. Use the Jeep website to ensure that the dealer you're asking has the right configuration in stock.

Step 4 (if you want) - Go to a dealer or two, do another test drive, and then get some 'general' quotes ("I'm not buying today, but I'm curious").

Step 5 - Decide on a preferred dealer - who was easiest to work with, is most convenient to your location, etc.

Step 6 - Take the best quote you've got, and go with quote in hand to your preferred dealer. Spell out what configuration you want (check beforehand on Jeep.com to make sure they have one). Ask to talk to a sales manager fairly quickly once you begin the negotiating process. Let him/her know that you know exactly how much your preferred package will cost, and don't stray from that path. Make it easy on everyone - "I know that I can get Patriot X for $18,000 from Big City Jeep, if you can match or beat that, I'd like to do business with you, if not, I will just go back to Big City Jeep."

Step 7 - If they match or beat it, and you feel comfortable, do the deal there. If not, go back to Big City Jeep.

Step 8 - Dealer extras usually get a hard sell even after you've agreed to a purchase price on the vehicle - this includes crap like VIN etching (you can get a kit from any auto parts store for $25 if you really care), 'undercoating' (galvanized steel on there already, no need for this, plus theres a standard rust/perforation warranty), and extended warranties (check out www.chryslerwarranties.com first if you really want one, and don't pay any more than that price). If you're not prepared when you walk on the lot, you'll find that a $16,000 Patriot can quickly become a $22,000 Patriot... You'll usually get this hard sell from the financial guy towards the end of the deal.

Step 0A - somewhat out of order, speaking of the financial guy, KNOW YOUR CREDIT SCORE before walking in the door. If you have to pay a few $ beforehand to Experian, Transunion, etc, do it. You may save thousands on financing. Generally if your FICO score is above 720 you should be able to get a top-tier rate of 6-7%, and even with a score in the mid-600's, you qualify for decent rates in the 8-9% range.

Also, not a bad idea to pre-arrange financing through a local bank you're comfortable with, or through one of the online groups (eLoan, Capital One Auto, etc). That way, you can walk in with their blank check (say, up to $20k at 7%, or whatever), and ask if the dealer finance guy can beat that. In my case, they were able to arrange for a 5.9% loan with a small local credit union that I didn't even know existed. Works for me, and the dealer probably gets a little kickback from the credit union for arranging the loan. Again, everyone wins.
 
#10 ·
Don't pay a cent over invoice, I paid $100 under about four months ago and got the first '08 that the dealer had sold.

The Patriot might be a nice car, but it's not in huge demand nor are there any other external factors that should cause it to be priced above invoice. Remember, the dealer gets at least a 3% holdback from the invoice price (usually around $500), as well as any factory-to-dealer incentives for # of units moved, etc. They'll tell you that 'invoice is what we pay'. Not so much, they're still getting a 5-10% profit on every deal at invoice...
mitakuuluu is right; you should be paying well below invoice, by at least several hundred dollars. There is supposedly a glut of Patriots on dealers' lots, and if that is true then there is no reason to pay MSRP or even invoice.
 
#14 ·
mitakuuluu, THANKS for typing all that out. I've never approached buying a vehicle that systematically but now I have the time (current ride isn't falling apart) to do so.

Anyone have any experience, good or bad, with leasing? I noticed one of the local dealers promoting a variety of Jeep leases including Patriot, but they're all for 39-month terms. I think I'd be looking for a two-year lease if I went that way.