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2013 and earlier Jeep Grand Cherokee Lease Questions

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  • HI Car man,

    Thanks for all your help in this forum. Did you post the residual and interest rates for the 2013 jeep grand cherokee laredo x on this forum yet? If not, I'd like to request info on 12,000 mi/yr lease.....
  • I read a couple of articles that the 2014's will be coming out in the Spring.

    With that, should I wait until the 2014's roll out to lease a 2013 GC Laredo E 4x2?

    I'm thinking the deals may be better than they are now as they are trying to get rid of the standing 2013 inventory.
  • At the least, the lease factor seems to be up, to 1.65%. Do you have a revised residual for a 4x4 Limited with 12K in Colorado, Car_Man?

    Thanks as always...
  • Spoke to a dealer today, he says residuals are the same in Feb for a 2013 Limited. That is:
    * 54% for 15K
    * 56% for 12K
    * 57% for 10K
  • mjk27mjk27 Posts: 6
    Car guy, can you tell me :

    4X2 Overland; Money Factor/ Resi please with 12K miles?

    Thanks!
  • Hi Car_Man - can you confirm what the residuals are for February in Colorado for a 2013 GC Limited with 12K miles? I'm getting all sorts of wild variations on a theme for my simple request.
  • I second this request!
  • drdrakeramoredrdrakeramore Posts: 43
    edited February 2013
    It appears that residuals have dropped from Ally - I'm seeing 54% (12K), 55% (10K) and 52% (15K) now for 2013 GC Limited for 36 months. Too bad.
  • I am considering leasing a 2013 SRT8 Grand Cherokee and wonder what terms are available on 3 and 4 year with 12k miles. Any help would be greatly appreciated.
  • Just go this deal done on a 2013 JGC Limited 4X4. Its the base car just the way it comes but it basically comes with everything (Pano roof, Leather, Navigation, Back-up Camera, Parking senors, Heated front and Rear Seats and most importantly Xenon Lights! The MSRP was $40,590 and I got the selling down to $37,125 plus the $6,000 in rebates ($4,000 IDL Cash, $1,000 Lease Cash, $1,000 Conquest). Hann was the bank offering the best programs for Febraury with a .00130 month factor and 49% residual. Leased for 39 months and 12,000 miles per year - $354.42 and $2,815.61 due at signing which was just fees and taxes! See the breakdown of the lease below...

    CUSTOMER DISCLOSURE
    Customer Name: Inside Car Buying, LLC WD Deal ID: 32184
    Sale Vehicle: New 2013 JEEP GRAND CHEROKEE 4WD WKJP74 4dr Wgn Limited w/AC , Automatic , Odom: 0


    Payment Details
    Term 39
    Base Payment 354.42
    Total Payment 354.42
    Purchase Option 20,189.10
    MSRP 40,590.00
    Est. Miles Per Year 12,000
    Disposition Fee 450.00
    Excess Mileage Charge 0.25



    Amount Due at Signing

    1st Month Payment 354.42
    Acquisition Fee 695.00
    Fees & Insurance 247.50
    Upfront Taxes 1,518.69
    Total Inception Fees 2,815.61
    Rebate as Cap Reduction 6,000.00
    Total Drive Off 8,815.61

    Total Cash Required on Delivery 2,815.61


    Tax Information
    Customer State: New York Customer County: WESTCHESTER
    Type Amount Rate Paid
    Cashdown Tax 499.29 7.3750 Upfront
    Upfront Tax 1,019.40 7.3750 Upfront

    Fee Information
    Description Amount Paid
    Reg 150.00 Upfront
    Insp 10.00 Upfront
    Title 12.50 Upfront
    DocFee 75.00 Upfront
  • insidecarbuy - that seems like a great deal. I've been looking at the 2013 JGC Overland myself. But while researching, I saw the 2014's coming out and I might wait for them. They are supposed to be showing up in the next couple of weeks here in Mass.

    Where would I find the best insight on whether or not they will be offering leasing incentives on them?
  • Insidecarbuy - what dealer was this at? That's a great price...also, what is the IDL cash? I'm a returning lessee, and would love to get a deal like this!
  • dave5454dave5454 Posts: 2
    These are so new I can't find residual or rate anywhere, anyone have any ideas about leasing a 2014 in March of 2013 as far as it being a good thing or a bad thing? It is a good 5-6 months before most new vehicles come out. Here is what I am looking at:

    http://www.teamwelshjeepchrysler.com/new/Jeep/2014-Jeep-Grand+Cherokee-194b97570- a0a0064019ff3590216b96e.htm

    Being they are so new I can't even find an invoice. I will offer $41k, never know.
  • daytonguy21daytonguy21 Posts: 2
    edited March 2013
    Dave5454,

    Invoice pricing can be found here on the first page and residuals for Feb 2013 are on page 256 but for 36 mo lease 15k miles (limited) are 54% and 1.45%

    From a pricing standpoint I ordered a 14' overland and was able to get 3% below invoice. Good luck!

    http://www.jeepgarage.org/f73/2014-grand-cherokee-ordering-information-and-prici- - ng-52937.html
  • cliffpozcliffpoz Posts: 51
    Looking for residual and rates on a 2014 grand cherokee limited in nyc area. 36 month, 10k miles per year.

    also, same info on 2013 car.

    what rebates/incentives exist for each model year.

    thanks!
  • dave5454dave5454 Posts: 2
    I got a quote from Team Welsh Jeep in Far Hills, NJ on a '14 Limited 8cyl residual at 54% and .00004 money factor. That works out to 0.9% on a lease. I will most likely be doing my business with them as they are more of a mom and pop dealership. They have gotten some pretty good reviews.
  • cliffpozcliffpoz Posts: 51
    Any rebates on 2014's
  • cliffpozcliffpoz Posts: 51
    2014 limited - msrp = 40580, selling price 1% below invoice = 38,590, residual 57%, mf = .00004. Additional $1000 rebate. 36 month, 10k miles. Dealer was coming up with $480/month including nyc taxes. only fees otd = $480 upfront for first month. I am calculating $430/month?
    A couple of charges that looked high - plates: 300, doc fee 147, lease fee 795 ( i assume that is bank fee).
    which monthly payment looks right - dealers or mine
    can you negotiate the doc fees and plates?
  • KeerockKeerock Posts: 8
    You can negotiate anything. I think those are pretty typical fees for a lease. It's better not to roll them in IMO and pay interest on them which is probably part of the monthly price difference. May be you just aim to get the price lower and pay the fees upfront.
  • Looking at a JGC Limited.. Does anyone know Residual and Lease Rate for both the 2013 and 2014? 10 or 12K Miles per year.

    Thanks!
This discussion has been closed.