Buy a new 2 door or keep the 09 4 door HELP!!
02-03-2013 | 10:30 AM
#11
JK Enthusiast
Joined: Nov 2010
Posts: 434
Likes: 0
From: Roanoke, Va
My 2DR was $20,300 OTD no trade paid cash, so those kind of deals aren't that special. You can find them pretty much any time if you look hard enough. It helps if you know how to shop for a vehicle and you aren't afraid of drive a few hundred miles to a dealer who wants to move inventory.
Debt is the enemy of wealth and adding more debt to buy a depreciating asset isn't the best idea. If you are going to do it, sell your Jeep outright and take the trade out of the deal. Figure out exactly what you want and contact every dealer within a reasonable distance and get a quote in writing. Play them against each other. You should be several % below invoice. Look at edmunds, kbb, and nada for dealer invoice and what other people paid.
Debt is the enemy of wealth and adding more debt to buy a depreciating asset isn't the best idea. If you are going to do it, sell your Jeep outright and take the trade out of the deal. Figure out exactly what you want and contact every dealer within a reasonable distance and get a quote in writing. Play them against each other. You should be several % below invoice. Look at edmunds, kbb, and nada for dealer invoice and what other people paid.
this is true
02-03-2013 | 10:46 AM
#13
Thread Starter
JK Enthusiast
Joined: Dec 2012
Posts: 445
Likes: 0
From: dearborn MI
You have all raised very valid points i really want to hold out untel the new model comes out in 2015 or 16. I am just getting worried about my trans and all of the other work i will have to do shortly like headers. I do all my own work that is not the issue, its time and large amounts of money at one time. I have to admit i just drove up there and parked my jeep next to the stock 2 door x and it looks like a go cart next to my lifted 4 door lol. If i get it i wont be able to mod for a wile, that would kill me. 
02-03-2013 | 10:54 AM
#14
JK Freak
Joined: Jan 2011
Posts: 803
Likes: 0
From: Charleston, SC
Not true. The dealership would rather you finance the vehicle if you can qualify. If you finance with your own bank or credit union, then the sale is no different for the dealership than a cash sale. If you allow the dealership to process your loan, it's not like they are using their own money for the deal. They simply shop your loan around to different banks. They look first for a bank that will finance you, and assuming you have decent credit, they'll pick the bank that gives them the biggest kickback. This is the difference between the bank's wholesale finance rate to the dealer and what the dealer tells you your interest rate will be. The dealer keeps the difference. Thus, they'd rather finance a car than have someone pay cash. Yeah, I used to sell cars.
02-03-2013 | 11:03 AM
#15
JK Super Freak
Joined: Nov 2010
Posts: 1,186
Likes: 2
From: Vallejo, CA
Not true. The dealership would rather you finance the vehicle if you can qualify. If you finance with your own bank or credit union, then the sale is no different for the dealership than a cash sale. If you allow the dealership to process your loan, it's not like they are using their own money for the deal. They simply shop your loan around to different banks. They look first for a bank that will finance you, and assuming you have decent credit, they'll pick the bank that gives them the biggest kickback. This is the difference between the bank's wholesale finance rate to the dealer and what the dealer tells you your interest rate will be. The dealer keeps the difference. Thus, they'd rather finance a car than have someone pay cash. Yeah, I used to sell cars.
02-03-2013 | 11:41 AM
#16
JK Junkie
Joined: Feb 2011
Posts: 2,318
Likes: 12
From: New Hampshire
id rather be in the 2 door new one than in a shitbox 4 door
QUOTE=madmike232;3411941]You have all raised very valid points i really want to hold out untel the new model comes out in 2015 or 16. I am just getting worried about my trans and all of the other work i will have to do shortly like headers. I do all my own work that is not the issue, its time and large amounts of money at one time. I have to admit i just drove up there and parked my jeep next to the stock 2 door x and it looks like a go cart next to my lifted 4 door lol. If i get it i wont be able to mod for a wile, that would kill me. [/QUOTE]
you sound rather immature about owning a new jeep , if your more into looks of your 4 door lifted
than reliability keep the 4 door and don't ask what you should do ! its obviouse yould rather drive the clunker that sits higher lol
see ya in the break down lane
[/QUOTE]you sound rather immature about owning a new jeep , if your more into looks of your 4 door lifted
than reliability keep the 4 door and don't ask what you should do ! its obviouse yould rather drive the clunker that sits higher lol
see ya in the break down lane
Last edited by jeepmojo; 02-03-2013 at 11:47 AM.
02-03-2013 | 11:56 AM
#18
Thread Starter
JK Enthusiast
Joined: Dec 2012
Posts: 445
Likes: 0
From: dearborn MI
Well I think what I am going to do is ask for 20500 otd and 13500 for my trade in. That means I would have around 5k down payment and my monthly payments would not change to much. Only thing that would change would be how much longer I would need to make payments. I hope they go for it!
02-03-2013 | 11:56 AM
#19
JK Junkie
Joined: Feb 2011
Posts: 2,318
Likes: 12
From: New Hampshire
however
Not true. The dealership would rather you finance the vehicle if you can qualify. If you finance with your own bank or credit union, then the sale is no different for the dealership than a cash sale. If you allow the dealership to process your loan, it's not like they are using their own money for the deal. They simply shop your loan around to different banks. They look first for a bank that will finance you, and assuming you have decent credit, they'll pick the bank that gives them the biggest kickback. This is the difference between the bank's wholesale finance rate to the dealer and what the dealer tells you your interest rate will be. The dealer keeps the difference. Thus, they'd rather finance a car than have someone pay cash. Yeah, I used to sell cars.
plus they make the sale then and there. its in the dealers best interest to deal cash even when they say not realy funny they jump out of their chairs when the green backs come out all of a sudden they want to get you a coffee fluff your pillow
Last edited by jeepmojo; 02-03-2013 at 11:59 AM.
02-03-2013 | 11:57 AM
#20
Thread Starter
JK Enthusiast
Joined: Dec 2012
Posts: 445
Likes: 0
From: dearborn MI