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2014 Jeep Grand Cherokee Lease Questions

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  • travellerhdtravellerhd Posts: 3

    thanks kyfdx

  • mc731mc731 Posts: 4

    Hello,

    Getting ready to lease a 2014 JGC Altitude or Limited in Massachusetts. Could you please provide the current money factor and residules? Lease would be 36 months 12,000 miles per year. Thank you.

  • kyfdxkyfdx Posts: 28,582

    @mc731 said: Hello,

    Getting ready to lease a 2014 JGC Altitude or Limited in Massachusetts. Could you please provide the current money factor and residules? Lease would be 36 months 12,000 miles per year. Thank you.

    .00005 MF for Altitude 4X4. .00015 MF for Limited 4X4. 56% residual for either.

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  • regs213regs213 Posts: 3

    Hi,

    Can someone post the MF and residual value for a JGC Limited 4x4 15k miles for Illinois?

    Also, does anyone know the impact of the IL 7/1 lease tax changes? Is it simply that the tax is only applied to each pmt instead of the entire cap cost of the car?

    Thanks!

  • jxhx502jxhx502 Posts: 5
    Can I please get the MF and residual for a 4x2 Limited in Los Angeles - 36 months - 12k and 15k. Thanks!
  • kyfdxkyfdx Posts: 28,582

    @regs213 said: Hi,

    Can someone post the MF and residual value for a JGC Limited 4x4 15k miles for Illinois?

    Also, does anyone know the impact of the IL 7/1 lease tax changes? Is it simply that the tax is only applied to each pmt instead of the entire cap cost of the car?

    Thanks!

    .00015 MF and 54% residual

    I think the new rule in Illinois will tax the sum of the payments, plus any CAP reduction. It appears that amount will be collected at lease start (similar to Ohio)

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  • kyfdxkyfdx Posts: 28,582

    @jxhx502 said: Can I please get the MF and residual for a 4x2 Limited in Los Angeles - 36 months - 12k and 15k. Thanks!

    .00021 MF and 53% residual for 36mo, 15K/yr. Add 2% for 12K/yr.

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  • rlowrie1rlowrie1 Posts: 5

    Looking to lease Jeep GC Summit 4x4 in MD for 36 months, 10K miles- what are the MF and residual? Thanks!

  • kyfdxkyfdx Posts: 28,582

    @rlowrie1 said: Looking to lease Jeep GC Summit 4x4 in MD for 36 months, 10K miles- what are the MF and residual? Thanks!

    .00009 MF and 49% residual

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  • jxhx502jxhx502 Posts: 5

    Can I also get the MF and residual for a 4x4 Limited in Los Angeles - 36 months - 12k and 15k. Thanks much!

  • kyfdxkyfdx Posts: 28,582

    @jxhx502 said: Can I also get the MF and residual for a 4x4 Limited in Los Angeles - 36 months - 12k and 15k. Thanks much!

    .00015 MF and 54% residual for 36mo, 15K/yr. Add 2% for 12K/yr.

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  • dcjenningsdcjennings Posts: 7
    edited May 28

    @michaell or @kyfdx‌ Looking for MF and Residual for 24 months / 12,000 miles/year

    2014 Overland 4X4

  • janulbugjanulbug Posts: 19

    What is the Money Factor and Residual Value on a 2014 JGC Overland 4x2 for a 36 mth lease. 15k miles in Los Angeles CA?

  • kyfdxkyfdx Posts: 28,582

    @dcjennings said: michaell or kyfdx‌ Looking for MF and Residual for 24 months / 12,000 miles/year

    2014 Overland 4X4

    .00030 MF and 64% residual

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  • kyfdxkyfdx Posts: 28,582

    @janulbug said: What is the Money Factor and Residual Value on a 2014 JGC Overland 4x2 for a 36 mth lease. 15k miles in Los Angeles CA?

    .00008 MF and 48% residual.

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  • tony58tony58 Posts: 7

    What's a money factor & residual on 24 month 15k/year lease and 36 month 15K/year on Grand Cherokee Overland?

    $47585 msrp, net cost $45483

    Thanks

  • whtlghtngwhtlghtng Posts: 2

    Looking at JGC Overland 4x4 leases... 36 month/12kmiles. Negotiated price $41,361, Msrp $47030 - Was offered $599/month 53% residual. Only first month down.

    Is this a good deal? I've done some calculations and looks like payment should be lower basement on Chrysler cap MF's right now, but multiple dealers won't budge. -- wash DC metro area

    What's the best way to get a better deal? 39 months? Push harder? Dealers seem to be pulling numbers out of thin air which makes me think there's room still.

    Thanks!!

  • kyfdxkyfdx Posts: 28,582

    @tony58 said: What's a money factor & residual on 24 month 15k/year lease and 36 month 15K/year on Grand Cherokee Overland?

    $47585 msrp, net cost $45483

    Thanks

    4X4?

    .00030 MF and 62% residual.

    .00005 MF and 50% residual

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  • janulbugjanulbug Posts: 19

    whtlghtng you can get them down to low $500s. Just put a couple of dealers against each other. This is assuming you have excellent credit.

  • whtlghtngwhtlghtng Posts: 2

    Janulbug. Even on an overland? They started in the high 600s and one dealer won't even match. This is with everything rolled in, taxes, fees, etc

  • jtn1983jtn1983 Posts: 4
    edited May 29
    The dealer is pushing me to close a deal on a 4x4 Overland w/Hemi for 36 mo and 12k mi/yr $535/mo and $535 due at signing (including TT&L). Is this a good deal, or can I get them down further? I was hoping for $512, is that unreasonable?

    Jason
  • tony58tony58 Posts: 7
    edited May 30

    In KS andLooking to pull the trigger on a GC 14 Overland 4x4 MSRP 47585 Net Cap Cost 45483 For a 36mo\15K yr they quoted 646.91 month (TTL) w/ 0 down (residual .51 mf .00007) First time getting into a Jeep and wanting to know if this is on par with a fair deal. Thanks

  • kyfdxkyfdx Posts: 28,582

    @tony58 said: In KS andLooking to pull the trigger on a GC 14 Overland 4x4 MSRP 47585 Net Cap Cost 45483 For a 36mo\15K yr they quoted 646.91 month (TTL) w/ 0 down (residual .51 mf .00007) First time getting into a Jeep and wanting to know if this is on par with a fair deal. Thanks

    I show .00005 MF and 50% residual... but the differences are neglible.

    With your terms, I get a payment of $594/mo. + tax..

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  • dcjenningsdcjennings Posts: 7
    edited May 30

    @jtn1983 said: The dealer is pushing me to close a deal on a 4x4 Overland w/Hemi for 36 mo and 12k mi/yr $535/mo and $535 due at signing (including TT&L). Is this a good deal, or can I get them down further? I was hoping for $512, is that unreasonable?
    Jason

    @jtn1983‌ What is the negotiated price? It sounds like a very good deal if that is true.

  • jtn1983jtn1983 Posts: 4

    @dcjennings

    MSRP $50,385 Selling Price $ 44,000 Doc Fee $289 RI Registration $147 Net Cap $44,436 Residual 53% MF 0.0001 Payment $499.67 RI Sales Tax (7%) $34.97 Total $534.64

    36 mos 12k mi/yr.

    I'm happy with the deal, but annoyed with the process and the amount of haggling that occurred. My wife and I lease both of our cars, so this is something we do twice a year every 36 months, and this has, by far, been the most difficult negotiating and leasing process.

    Cheers, Jason

  • dcjenningsdcjennings Posts: 7

    @jtn1983 said: dcjennings‌

    MSRP $50,385 Selling Price $ 44,000 Doc Fee $289 RI Registration $147 Net Cap $44,436 Residual 53% MF 0.0001 Payment $499.67 RI Sales Tax (7%) $34.97 Total $534.64

    36 mos 12k mi/yr.

    I'm happy with the deal, but annoyed with the process and the amount of haggling that occurred. My wife and I lease both of our cars, so this is something we do twice a year every 36 months, and this has, by far, been the most difficult negotiating and leasing process.

    Cheers, Jason

    @jtn1983‌ - that is an incredible deal. Thank you for outlining. I agree on the process. I have been loyal to BMW for 10 years and looking for a break. Jeep has been an absolute horror to deal with. They couldn't try harder to avoid making a sale. I have been very disappointing in their dealings, and unprofessional process from every dealer in my area.

  • jxhx502jxhx502 Posts: 5

    Hi everyone,

    Would appreciate feedback re: my deal. Just want to make sure I'm not missing anything. Heading into dealership this afternoon. I reside in the Los Angeles area. Thanks!

    • 4x2 Limited
    • MSRP: $40,700
    • Negotiated Sale Price: $36,000
    • Monthly Payment: $456 inclusive of tax (8%)
    • Drive-Off: $700
    • Term: 36 months
    • Mileage: 15k/yr.
    • MF: .00021
    • Residual: 53%
  • sonicsk8sonicsk8 Posts: 4
    Can you tell me current numbers in NY for altitude and limited grand Cherokee for 36/12k
  • kyfdxkyfdx Posts: 28,582

    @sonicsk8 said: Can you tell me current numbers in NY for altitude and limited grand Cherokee for 36/12k

    .00005 MF for Altitude and .00015 MF for Limited. 56% residual for either. 4X4, of course.

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  • bradmc1997bradmc1997 Posts: 12

    What's the money factor & residual on a 36 month 12k/year lease for a 4x4 JGC Overland in Dallas, Texas? Thanks.

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