Get the Best Deal for Jeep Grand Cherokees Before It’s Too Late

2020 has left most industries and economies impacted around the world, and with an uncertain future, fewer people were willing to spend their money. New social protocols are making car sales difficult for dealerships. Buyers are also looking into buying pre-owned vehicles as opposed to brand-new models. The automobile industry has noticed this, as sales have been lower than usual, and therefore are adapting to the current climate and adjusting pricing and incentives accordingly.

What does this mean for you? Big savings (that might not be there for a long time).

So, why should you buy now?

Well, it’s simple: supply is high, demand is low. Managers are giving more incentives to meet quotas and prices are dropping in general… but probably not for long.

Car sales dropped since March 2020, and some cars have seen a bigger impact than others, such as the Jeep Cherokee. Although it was Jeep’s best-selling model in the first half of the year, sales have steadily dropped throughout the last few months by about 20 to 30 percent. In fact, in quarter 1 (Q1) 2020 Cherokee sales were down by 32 percent. As more buyers are shying away from purchasing this model, Jeep is making strategic decisions to offer budget-friendly options as well as increased incentives.

What deals to take advantage of today

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Many Jeep dealerships offer special incentives, trim options, financing, and more. Based on your location and dealership of choice, you can receive up to a $4,500 cash allowance when purchasing a 2020 Jeep Cherokee.

Jeep is announcing “Big Finish” offers, including 15 percent off certain 2020 Jeep Cherokee models. Search online to find what special offers your local dealership can offer you.

As part of their “Big Finish” offers, Jeep is also offering an additional $500 bonus cash on select 2020 and 2021 Grand Cherokee and Cherokee models.

Buyers can also search to see if you qualify for Customer Bonus Cash, which ranges from $500 to $2,500. Leasing options are also available for Lease Bonus Cash, which can reach $1,750.

Today, as sales continue to slow, Jeep has authorized dealerships to bargain pricing as much as $3,000 less the cost of a new Jeep Cherokee.

If you are interested in other Jeep models, the new “Drive Forward” initiative, which launched on April 1, 2020, also offers amazing incentives, including 0 percent financing for 84 months and zero payments for 90 days on most new 2019 and 2020 vehicles. New Online Retail Experience (ORE) also allows consumers to purchase vehicles online, meaning there is no need to leave your home under the current health crisis.

Stay informed

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Like most industries today, pricing and deals are changing constantly for car dealers. Becoming aware of the current economic climate and how that can be of benefit to you and your wallet will have a great impact in your next car deal. Be sure to stay in the know of the latest industry news and deals to make sure you find the best price for your Jeep Cherokee.

Nonetheless, if you have wanted to purchase a Jeep Cherokee, now is certainly a great time to take advantage of the current climate and incentives.