Buying Hail Damaged 2014 SRT8 - JeepForum.com
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post #1 of 23 Old 10-13-2014, 11:43 PM Thread Starter
ideal303
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Buying Hail Damaged 2014 SRT8

Looking at buying a new srt8 2014 completely loaded. Here are some facts. I believe it has every option.

MSRP $74,740
Dealer invoice $70,551
Miles 725
Hail damage being completely repaired by dealership
Asking Price $68,000
Brown Leather seats (not the suede) which I prefer.
The car has been dealer traded 3 times.
They have had it over 5 months.
The hood is still hail damaged but being replaced.



Trade in
2011 Jeep Grand Cherokee Overland Summit
miles 10,000
Price for trade in $28,500


Should I be concerned about the 725 miles on the car, and how the engine was broken in?
Does the hail damage effect the resale value? The salesman says you won't be able to tell there was hail damage and it won't be listed on the cars background anywhere.
What would be a good price considering its already under dealer invoice.

Thank you!

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post #2 of 23 Old 10-14-2014, 12:26 AM
slayerized6
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725 miles seems a little too much for a "new" car.My guess is that the "hail damage" is not really from hail and is probably from someone that wrecked the car. The dealership is probably fixing it themselves and not going through insurance because who the *#&$ is going to buy a new car that already has an accident on its record. In addition, its a little funny that they kept their most expensive model Jeep outside to be exposed to elements, i.e. "hail", and not on the showroom floor; and you're in Denver nonetheless. Only excuse is if they had a handful of Dodge Vipers in the showroom. Something smells very fishy if you ask me.

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post #3 of 23 Old 10-14-2014, 01:33 AM Thread Starter
ideal303
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Thanks for your input! I test drove the car today, it was definitely hail damaged on the hood. They said they were ordering a new hood and it should be there next week. They actually are in a transition stage at the dealership, all they have is two heavy duty tents as their building. There is really no showroom, all the inventory is outside and other cars were hail damaged from a month ago. 725 miles seemed a little high to me too and I'm sure everyone that drove it before did not mind taking it over 70 mph during the initial break in stage of the engine. Does the engines computer keep track of how fast it was driven? I know some cars do. Just wondering what would be a good price worth buying at.
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post #4 of 23 Old 10-14-2014, 07:09 AM
WDNewman
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What does this have to do with purchasing a Jeep?
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post #5 of 23 Old 10-14-2014, 07:50 AM
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Quote:
The car has been dealer traded 3 times.
They have had it over 5 months.
Sounds hard to move - bargaining power in YOUR favor!

Ask for a car fax, and if the hail (or, REAL reason) isn't on there, ask for another $5k off, and throw in 10k miles more warranty.

'07 Commander, Rocky Mountain Edition, 67k miles, & looking for advice!!!
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post #6 of 23 Old 10-14-2014, 08:02 AM
ColdCase
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Originally Posted by WDNewman View Post
What does this have to do with purchasing a Jeep?
A SRT8 is a Jeep WK2.....

I was born with nuttin' and I still have most of it.
Current: 2011 Grand Cherokee Overland V8, 2009 Liberty Rocky Mt V6
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post #7 of 23 Old 10-15-2014, 07:17 AM
WDNewman
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A SRT8 is a Jeep WK2.....
Thanks! Sure didn't realize that since I am not a SUV type guy. I googled SRT8 and it came up with a Dodge. BUT...70 Grand for a Jeep!!?? That kind of explains to me why this one is not selling.

Sure is a lot of disposable income floating around out there.

Hey guys, there is NO SUCH THING as RPMS. There is NO "S" in RPM.
A little knowledge is a dangerous thing, but not nearly as much as ignorance.
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post #8 of 23 Old 10-15-2014, 08:15 AM
UnlimitedMatt
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I don't think the salesman is telling you the truth about the repair not being listed on the vehicles car fax. The dealership has filed an insurance claim on that car under their policy to do the repair. I don't see how it wouldn't be listed on the car fax.

The real question, that the dealership will never disclose, is how much did they get from their insurance claim on that vehicle? My guess is they will be making money from the insurance claim and still making plenty off of you.

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post #9 of 23 Old 10-16-2014, 04:06 PM
GS430
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You should be able to get that much cheaper.....like 61-62k. Dealers get insurance settlements on the hail damage and are then able to fix them for a fragment of the settled insurance amount.
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post #10 of 23 Old 10-18-2014, 09:05 PM
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I also had no idea what he was talking about until ColdCase finally told us.

As far as the break-in goes, I wouldn't worry about it. Modern engines really don't require a break-in period like they did 20 years ago.

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post #11 of 23 Old 10-18-2014, 09:20 PM
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Either people test drove the crap out of it, or the manager of the dealership was using it as his personal vehicle (ie demo vehicle)

Considering you can probably get that vehicle for 68k brand new off the lot if you haggle a little, i think they are asking way too much.
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post #12 of 23 Old 10-18-2014, 09:40 PM
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Either people test drove the crap out of it, or the manager of the dealership was using it as his personal vehicle (ie demo vehicle)

Considering you can probably get that vehicle for 68k brand new off the lot if you haggle a little, i think they are asking way too much.
Or someone bought it, it got hail damaged, and they returned it.

We're in the 2015 model year now; have been for months. That vehicle has been sitting around for over a year. I am surprised it only has 700 miles on it.

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post #13 of 23 Old 10-19-2014, 12:04 AM
YnotJ92
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Or someone bought it, it got hail damaged, and they returned it.

We're in the 2015 model year now; have been for months. That vehicle has been sitting around for over a year. I am surprised it only has 700 miles on it.
He said its new. If someone bought it, it would be "used" or salvaged depending on the damage it took. I only stated a couple ways it could have racked up those miles while not having been registered
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post #14 of 23 Old 10-19-2014, 12:35 AM
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He said its new. If someone bought it, it would be "used" or salvaged depending on the damage it took. I only stated a couple ways it could have racked up those miles while not having been registered
Not necessarily. Like someone else said, it sounds a little fishy.

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post #15 of 23 Old 10-19-2014, 12:58 AM
Davetha
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Hey Op,
Can you get a price break down of what they're doing for you?

According to my math. If you had 0 incentives. The cheapest they should be able to sell you the vehicle would be right around $68400 If they give you most of their hold back.

Are they providing you any sort of special dealer incentive due to the damage etc..?
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