Forum Discussion
- texasclarksExplorer
Big Ray wrote:
This is what they are giving me. A RAM CDI program(Employee Price)so I'm not sure if i should do it or not.
If you like the truck they have available and are giving you a decent trade in AND you feel it is a good deal then it probably is. Remember...your $$, not ours :) - Big_RayExplorerThis is what they are giving me. A RAM CDI program(Employee Price)so I'm not sure if i should do it or not.
- JALLEN4Explorer
UsualSuspect wrote:
Look on the invoice, towards the bottom if it, near the center, you will see 3 lines, the first one will start with an M, ignore it, the next line will start with "EP". The number next to it is the Employee Price, basically the price a Chrysler Employee would pay. Just below it is a 3rd line, starts with "PP". The "PP" is the Preferred Price which is the price Chrysler Suppliers and some of the larger employers get, see how close the number they want to sell it to you is. They can sell it below either, but it will cut into their factory incentives for selling it.
A domestic manufacturer's dealer cannot sell a vehicle for "Employee Price" and make a profit if they follow employee sales policy. They are obligated to give the employee all rebates both those to the customer and those to the dealer. They are made "whole" by a rebate from the manufacturer based on a percentage of the MSRP minus freight. Theoretically, they could make a meager profit selling at the supplier price. If the dealer tells you they are giving you the "Employee Price" and you are not an employee, it is a lie and they are using a rebate to do it. - 45RicochetExplorerHey you guys remember this dude :B
Yes he had nothing much to say worth paying attention to.
Weak IT person at best working for Targe*. - Bionic_ManExplorer1st off, ignore dioguy on anything Chrysler related. He has an axe to grind, and it growing tiresome.
2nd, good advice regarding the EP price on the invoice. The EP line, less hold back and current incentives, is a great price. If you are at (or below) that, I would say you are getting a very good deal. - itguy08Explorer
Grit dog wrote:
To the guy who said the worst part was having to get another Ram, whatever dude. They are all pos's. Just depends which day which one is the bigger pos.
Statistically you will have better service from a GM truck. Ford will be about the middle, and Chrysler will be at the very bottom. Why play roulette with $30-60k? - Grit_dogNavigatorWhatever your options are, put lemon law at the bottom of them.
To the guy who said the worst part was having to get another Ram, whatever dude. They are all pos's. Just depends which day which one is the bigger pos. - itguy08Explorer
Big Ray wrote:
They are working with me and I'm very happy about that. I'm just not sure about the deal or should I just go for the lemon law. I'm not downing Ram because I know anyone can make a vehicle with issues.
Depending on your state's lemon laws, but I'd lemon law it and get your $$ back and buy a better truck (GM or Ford). Chrysler is the bottom of the barrel of quality for good reason.
Even Motor Trend's Long Term has had A Bunch of issues! Emissions issues, Oil Pressure, A/C. Sounds like great quality to me! - UsualSuspectExplorerLook on the invoice, towards the bottom if it, near the center, you will see 3 lines, the first one will start with an M, ignore it, the next line will start with "EP". The number next to it is the Employee Price, basically the price a Chrysler Employee would pay. Just below it is a 3rd line, starts with "PP". The "PP" is the Preferred Price which is the price Chrysler Suppliers and some of the larger employers get, see how close the number they want to sell it to you is. They can sell it below either, but it will cut into their factory incentives for selling it.
- JALLEN4Explorer
mich800 wrote:
Anyone that believes the invoice price IS what the dealer pays needs to use a service or friend to make their major purchases. It is a reliable number to use for negotiations or to get an idea how good an offer you are dealing with.
Invoice is what the dealer pays for the vehicle. Their floor-plan source is drafted for that amount before the vehicle is shipped. Periodically they also receive hold-back which is 3% of MSRP minus freight if they are a domestic manufacturer dealer.In addition, they receive roughly two hours of their labor rate for dealer prep. They also receive floor-plan assistance which changes quarterly but usually covers 90 days of floor-plan expense.
There are continuous incentives offered by the manufacturer. These can either be directly to the consumer and must be paid to them or they can be to the dealer to use at their discretion. Basically they are marketing funds to make the vehicle more competitive and generally more for the slower moving models and less for the rapid movers. These usually change monthly and can be various amounts changing often.
As well, there can be various contests held throughout the year for the dealers and can be cash, trips, or other incentives. They can involve quotas, competitive groups, sales performance, CSI, or any other variety of criteria dreamed up.
At the end of the day, it is a complicated process and not designed for the consumer to have full knowledge of. It is none of the consumers business and the only industry I know of that has books printed disclosing any portion of the merchant's cost. Dealer's are in the business to make as much profit as possible on every sale and the consumer has the option to shop at as many dealerships as they want to get the lowest price.
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