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2014 Jeep Grand Cherokee Lease Questions

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Comments

  • lepialepia Posts: 39
    edited October 2013
    All,
    I just want to share with you a lease deal I signed tonight. Hoping that those of you who are looking, are able to get a good deal. Before I let everyone know my findings, please know this website rocks!!!. It is an essential tool to negotiate intelligently the lease of a vehicle. -Thank you!!!

    Grand Cherokee Summit 2014
    MSRP:52,585

    Monthly lease: $655.00 a month. taxes included
    paid 1st month + 395.00 bank fee + DMV.
  • lepialepia Posts: 39
    thank you Xul,

    you helped me decide on my lease.
  • Wanted to get peoples' thoughts on the latest offer I received...

    2014 Jeep GC Overland Hemi 4x2 (MSRP 47,480):

    39 months, 15,000 miles/yr, $1,000 total out of pocket = $580/Month with tax

    They did not give me the residual/MF or cap cost on this latest deal, but it is a lot better. What does everyone think? Thanks!!
  • Thats a good deal. I would maybe try to save 1,000 on whats dues at signing. which dealership?
  • pfrancpfranc Posts: 1
    Xul can you PM me regarding this deal. I spoke to the dealership today and just had a question regarding the deal.
  • Can the residuals and money factors kindly be provided. 36 month lease, 10k miles. Thank you in advance.
  • .00017 MF and 57% residual..

    regards,
    kyfdx

    Moderator - Prices Paid, Lease Questions, SUVs

  • jassiefreshjassiefresh Posts: 2
    edited October 2013
    limited 4x4

    3yr/15k per year

    lux package
    offroad adventure II
    nav
    added on side steps
    MSRP44,985
    Sale 45735
    cap red 1240.20

    wanted me to put down 3-4k for $632. Talked about maybe $550.

    MF .00017 res 54%
  • Thanks kyfdx. I was mistaken. It is actually a 39 month lease. Can you please provide.

    Thank you
  • Good deal?

    I'm currently getting offered the 2014 overland with navigation for $450 a month $5000 down.

    NYC, manhattan.

    Taxes and fees included
  • Michaell@EdmundsMichaell@Edmunds ColoradoPosts: 1,142
    MSRP? Selling price? Residual? Money factor? Length of lease?

    Many people will say that any cash down is a bad idea in a lease. $5000 over 36 months adds about $139 each month to your payment.

    If your car is stolen or totaled you are out that money.

    michaell@edmunds.com

    Moderator, Prices Paid and Leasing Experiences

    2013 Hyundai Elantra GT / 2010 Mazda CX-7 GT / 2014 MINI Countryman S ALL4

  • eddie8620eddie8620 Posts: 5
    edited October 2013
    39 months 10,000 miles a year

    The rest of the info I can call tomorrow and find out.

    This is the first time I'll be leasing, I don't want to get screwed
  • Subtract 2% from the residual for 39 months...

    Moderator - Prices Paid, Lease Questions, SUVs

  • The sales man told me to check online for the information requested... P
  • Michaell@EdmundsMichaell@Edmunds ColoradoPosts: 1,142
    The only number I should think is available online is the MSRP. The residual and money factor you would have to get from the dealer .. or my partner, kyfdx.

    The negotiated sales price is something you'll have to get from the dealer.

    michaell@edmunds.com

    Moderator, Prices Paid and Leasing Experiences

    2013 Hyundai Elantra GT / 2010 Mazda CX-7 GT / 2014 MINI Countryman S ALL4

  • 52% residual / .00009 money factor

    The sale price I have to call tomorrow, the sales manager was gone for the day who wrote the deal up
  • Negotiated price of $46,428
  • jpw612jpw612 Posts: 1
    I'm looking to lease the following:

    2014 Jeep Grand Cherokee Limited
    Sunroof, Navigation, 20" wheels

    MSRP: $42,175, cap cost: $38,240
    $1,000 lease loyalty incentive
    10k/39mos
    .0017 money factor, $23,618 residual

    $449/mo including MA taxes (0 down + tax, reg fee, & 1st month at signing)

    Good deal?

    I get a monthly payment of $417/mo when I plug in the numbers in the Edmunds lease calculator. Not sure what is making up the difference.
  • When I subtract the $1000 loyalty cash from the CAP cost, I come up with about $452.mo.. so, it seems they are right there...

    regards,
    kyfdx

    Moderator - Prices Paid, Lease Questions, SUVs

  • Thx kyfdx. What are the Mf's and Residuals on 36 and 39 with 12k miles?
    I cannot make my #'s and the dealers close. The residual % is taken off the MSRP only correct? Bank Fee and any incentives or agreed price are not considered?
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