Doug L.
Yelp
Attempted to purchase a vehicle for my company today. I had a clear title trade for a Ford Raptor and was looking to purchase a new JT. I gave them all the trade info they requested and waited for a number. Prior to this, I had already researched what to expect for this trade and told them that. I advised them that I had taken the LOWEST Kelly Blue Book trade number (the range was $49912.00 to $55432.00) and averaged it with the average of NADA Average and Clean Trade valuations (Those numbers are $50325.00 and 51950.00). That number came to $50729.00. I also advised that, to make the deal easy, I would then round that number down to the nearest thousand, which leaves us at $50000 even. However, I then stated I would take $49000, just to make it even easier. Even VROOM had already offered $46000, with no photos, sight unseen. What did M&L offer? $42000 and refused to come up.
In addition, I had also told them that I already researched what the Retail value was and what that actual vehicle was selling for within 100 miles. That number came up around $55,000, with a low range of $53,000. So, they wanted to make, at least, an $11,000 profit off selling one vehicle. Also, I informed them that I have worked in management of a dealership before, so I know the game and what front end profit averages are. It made no difference to them, they still stood firm.
Now, you may think this is all, but we are not done yet. Far from it. I had told them at the beginning, I have an employee pricing code for the purchase of the JT. Ok, no problem, they said. However, after all the trade stuff, they tried to claim that corporate (Stellantis, who owns Jeep now) had come out and said "no employee pricing through the end of the year". What was the response of corporate when I asked about this? "Huh?" Yep, they flat out lied about it. They have the option not to honor it, of course, but they lied about it and deflected blame for it to Jeep, instead of the local dealer. So, in conclusion, at every step of the process this dealer will attempt to screw you. I consider myself an extremely well informed buyer, as I buy trucks and cars for work all the time. I also have worked in the industry, and still do. I can only imagine how many uneducated buyers these guys have gotten over on. Buyer Beware! I would stay away.