Vehicle Purchase info to help others
Hey, all! I was looking for this type of post a couple months ago and was helped, so I'm trying to pay it forward. I bought a new 2024 Jeep Grande Cherokee L last week and wanted to give you the details on the vehicle, the purchase price, and financing in hopes that it will help someone out there get an even better deal. I'm up in Boston and purchased from Jeep 24 in Brockton
Vehicle: Jeep Grande Cherokee L Limited (white exterior)
Options: Black Appearance Package, panoramic sunroof, tow hitch package, running boards, rubber floor mats
MSRP: $57,400 (not including tow hitch, running boards and floor mats which I negotiated into deal)
Discounts: $6K of Jeep incentives, and 4.5K Dealer discounts
Negotiated Price: $46900, OTD at 49 (had a trade in which saved me a bunch of taxes)
Financing: I have an 820 credit score and got a 7.5% interest rate on 72 months on 15K. Could have been as low as 6% if I financed more, but in my case, I'm going to pay this off in a year, so the interest rate didn't matter as much to me.
I went to 6 different dealers, and my OTD price started at 54K, so the extra work going to other dealers and getting them to bid against one another saved me about 5K. Hope this helps someone else get a better deal!