$1000 below invoice on every jeep in stock
#1
$1000 below invoice on every jeep in stock
A local dealer is offering this pricing for the next few days. That seems like a good deal to me, assuming I could find one in stock I like...Its about 4% below invoice on the cheapest Wrangler, and less as you go up.
Thoughts?
Thoughts?
#2
JK Enthusiast
You just need to do your homework before you buy anything. Just think about it.... if the dealer sells his cars on invoice or bellow, how he would stay in business????.......
Research the holdbacks on google.
Last 12 years I had 29 cars/motorcycles.
PM me if you need more info.
#3
Originally Posted by USMCgrunt
As I have some buying/ selling experience, I would also ask for holdback. Thats how dealers make money. They will sell a car on invoice and then they will get big fat check from the manufacturer. I bougt a brand new challenger (six banger) last year with the sticker price of $26,400. The invoice on it was somewhere around $23......after I negotiated the "holdback" I got it for $19,500. Drove it for 3 months and sold it for $22,500.
You just need to do your homework before you buy anything. Just think about it.... if the dealer sells his cars on invoice or bellow, how he would stay in business????.......
Research the holdbacks on google.
Last 12 years I had 29 cars/motorcycles.
PM me if you need more info.
Last edited by Lotus F1; 01-27-2012 at 06:00 AM.
#4
JK Enthusiast
You are right. They will not give you all the holdback. They won't let go the Jeep without any profit. Usually I'll let them make about $400 to $500 on me. And again, not all dealers will go for it. I had better chance at BIG volume dealers. They are the ones who needs to get rid of their units before next month alocation comes in.
#5
JK Enthusiast
Also, look for the oldest units in inventory. The dealers are more willing to push out old inventory due to interest payout.
You can figure out the oldest unit by stock number or delivery date.
You can figure out the oldest unit by stock number or delivery date.
#6
Originally Posted by USMCgrunt
You are right. They will not give you all the holdback. They won't let go the Jeep without any profit. Usually I'll let them make about $400 to $500 on me. And again, not all dealers will go for it. I had better chance at BIG volume dealers. They are the ones who needs to get rid of their units before next month alocation comes in.
Some people will overpay and some will underpay...which do you want to be
#7
That doesn't seem to be too good to be true... I had dealers in my area give me written offers of $500 below invoice without even trying so I bet they just need to flip some inventory. They will still make some money and you will get a good price. If they have something on the lot you like go for it. I would just get your trade checked by a few dealerships to make sure they don't low ball you on that side of the deal.
Trending Topics
#8
JK Enthusiast
Join Date: May 2009
Location: Woodridge, Illinois
Posts: 214
Likes: 0
Received 0 Likes
on
0 Posts
As I have some buying/ selling experience, I would also ask for holdback. Thats how dealers make money. They will sell a car on invoice and then they will get big fat check from the manufacturer. I bougt a brand new challenger (six banger) last year with the sticker price of $26,400. The invoice on it was somewhere around $23......after I negotiated the "holdback" I got it for $19,500. Drove it for 3 months and sold it for $22,500.
You just need to do your homework before you buy anything. Just think about it.... if the dealer sells his cars on invoice or bellow, how he would stay in business????.......
Research the holdbacks on google.
Last 12 years I had 29 cars/motorcycles.
PM me if you need more info.
You just need to do your homework before you buy anything. Just think about it.... if the dealer sells his cars on invoice or bellow, how he would stay in business????.......
Research the holdbacks on google.
Last 12 years I had 29 cars/motorcycles.
PM me if you need more info.
#9
JK Enthusiast
Join Date: Jun 2011
Location: Fort Worth, Texas
Posts: 148
Likes: 0
Received 0 Likes
on
0 Posts
As I have some buying/ selling experience, I would also ask for holdback. Thats how dealers make money. They will sell a car on invoice and then they will get big fat check from the manufacturer. I bougt a brand new challenger (six banger) last year with the sticker price of $26,400. The invoice on it was somewhere around $23......after I negotiated the "holdback" I got it for $19,500. Drove it for 3 months and sold it for $22,500.
You just need to do your homework before you buy anything. Just think about it.... if the dealer sells his cars on invoice or bellow, how he would stay in business????.......
Research the holdbacks on google.
Last 12 years I had 29 cars/motorcycles.
PM me if you need more info.
You just need to do your homework before you buy anything. Just think about it.... if the dealer sells his cars on invoice or bellow, how he would stay in business????.......
Research the holdbacks on google.
Last 12 years I had 29 cars/motorcycles.
PM me if you need more info.
Holdback on Chrysler products is 3%.
#10
JK Enthusiast
Join Date: Nov 2011
Location: Somewhere,CA
Posts: 333
Likes: 0
Received 0 Likes
on
0 Posts
OK..I have to ask, is this offer for 2011's only? They have them stacked up everywhere since the pentastar came out. I saw a dealer in texas that a whole line of 2011's, and no 12's.