$500 is 1% but the way I see it I lost $1500 since they started cutting the 2021 rebate a month or so ago from the original $3000, so 3% loss with that incentive.Its only money, right 😅. In the grand scheme, $500 isn’t much to lose sleep over anyway. It’s be different if we were looking at a $15k car but we’re not.
I agree but we can't really compare with Power Dollars either. Those are mostly for leftover units (from my understanding), so it could be more of a hassle than it is worth. The chances of getting the exact preferred car is much less, and there will be much more time/expense involved as well.$500 is 1% but the way I see it I lost $1500 since they started cutting the 2021 rebate a month or so ago from the original $3000, so 3% loss with that incentive.
Plus the $1000 Bonus Dollar TDM provided to by Dodge also cannot be used another 2% gone.
So I lost 5%, not insignificant. Now if you pit that against the 0% Interest it's a no brainer, the new $1500 rebate is a joke. Especially compared to the
$4850 Power Dollars on the 2020s there still running TV ads on.
I believe Stelantis cut this to recover increased expenses with scamdemic shortages and material cost increases.
The kicker is this dealer agreed to do the order then when I called to do the sale drops a "condition of the sale" is I must use their financing. Who the hell knows what I'm signing up to with that.
So I'm not doing the deal if I'm forced to use one of their non Chrysler Capital banks. How much are they really getting on one of those finance deals? Do they make a fee just by running a customer through an application? Holdback is $1700.
The Chrysler Capital 0% incentive will save me $3-4K. Way better than $1.5k rebate. I keep my cars.
I can do 2.75% 72 or 2.99% 84 with the credit union. Sometimes they cut another quarter percent with automated or biweekly payments.
Whether a dealer should or shouldn't run a credit check is besides the point. They do it in hopes of talking you into a low interest loan when closing the sale. It the result or the salesman running to seek the managers approval for the sale price. I purchase a new car every 1 1/2 to 2 years and get a cashier's check after the purchase price is agreed. It unavoidable in a dealership to buy a car and not be seated in the "finance ministers" office to close the sale. They will have your vitals before signing and by that time they will have sought funding sources in hope of talking you into taking out a loan.The dealer shouldn't be running your credit if you tell them you're doing your own financing. The last part isn't true either. Credit reports typically recognize and acknowledge credit "shopping", and it should only count as one hard pull. I.e. you are shopping for a lender for your mortgage or are inquiring with multiple auto loan options. (You may apply for 5 auto loans but it will count as one "hit") These types of inquiries WILL almost always affect your credit score, but should do so minimally and temporarily...assuming a person has healthy credit.
You are not obligated to use their financing.The kicker is this dealer agreed to do the order then when I called to do the sale drops a "condition of the sale" is I must use their financing.
They seemed to have backed off after I said the 0% @72 with Chrysler Capital makes more sense after the rebate cuts and would like to get preapproved which is thru Chryslercapital.commot their website link.You are not obligated to use their financing.
The dealer can choose not to do business with you I guess. Just like you not coming to terms on sale price. You say 40k, they say 41k. No agreement- no sale.
I think even I you already "made the purchase", at an agreed to price, they could still be shady and say ohh, we messed up on ___. We have to redo the deal and simply not play ball if you don't agree.
Or perhaps it's due to the chip shortage as all manufacturers are pulling incentives. Fingers crossed and I'm looking to buy a '22 Scat possibly in the winter (special order) before they get discontinued.Stelantis cut the 2021 rebate from $3000 to $2000 for May. And decided to double down and give it another $500 haircut for June. So it's now a paltry $1500.
So 0% APR is going to save alot more money over a 3% bank rate. Close to $3K difference for my build order.
Can you Sold Order Protect the 0% 72 months on an order? Currently the website lists June 30 expiration.
What kind of credit score and down payment are needed to qualify? I plan to put down about 10%.
Does it work with the Affiliate and Employee Advantage programs?
Good luck. Your going to get hit with a decent price increase and probably no incentives at the end of the year on a 2022. Wouldn't be surprised the Destinarion fee increase with higher transportation costs and truck driver shortages.Or perhaps it's due to the chip shortage as all manufacturers are pulling incentives. Fingers crossed and I'm looking to buy a '22 Scat possibly in the winter (special order) before they get discontinued.
What is the $1000 off bonus dollars emailer that you mentioned? How do you go about getting access to that?Good luck. Your going to get hit with a decent price increase and probably no incentives at the end of the year on a 2022. Wouldn't be surprised the Destinarion fee increase with higher transportation costs and truck driver shortages.
There will be sparse 2021s and we'll be seeing TV Ads for $1500 off on 2021s like on the $4850 Power Dollars on the unobtanium 2020s LOL.
I'm expecting the 0 interest to be whacked next and maybe another $500 haircut on the 2021s. Now is the time to make a move and grab the [email protected] worth $3300 over the $1500, if you plan to keep the car.
Or with The Affiliate program (check the long Employee list or
Join a group as has been mentioned) I believe you can stack the $1500 rebate and a $1000 Bonus Dollars emailer will get you Invoice minus 3%-6%. Key is finding a dealer that will do the
Order, honor the programand not push The MSRP .
They emailed it to me after building a one on dodge.com and providing my email. Could have been a month or two prior to the mailer.What is the $1000 off bonus dollars emailer that you mentioned? How do you go about getting access to that?