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Jeep Wrangler Lease Questions

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  • mander30mander30 Posts: 2
    Can someone tell me what the mf and residual are on a 2 door Sahara and Rubicon on a 24/15k lease also a 27/15k. Also, according to the jeep website they have $2,000 in lease cash.....anyone confirm this? Thanks in advance.
  • Hey Hondamattnj,

    When you leased your Jeep online, did you go through Jeep.com or another website? I have been interested in leasing a Jeep, however like you said, the local deals have been way less than desirable. I was also told that there were not any rebates on the Wrangler, nor were there any coming out anytime soon. Where did you see that they were offering a $1,000.00 rebate? Did your 4WD Sahara Limited have the Navigation and Dual Top options included?

    Thanks for your time!

    ~Lea
  • I've decided to just wait for a 2009 Wrangler instead of the 2008.

    There is a $1000 rebate in certain markets (mainly west coast) on the Unlimited and $500 on the coupe. Carmax in LA is selling Wranglers for basically Invoice minus rebate minus holdblack plus a couple hundred bucks.
  • ddelayoddelayo Posts: 1
    What dealership did u get that deal at? City and state also please Thx Dave
  • rlowrie1rlowrie1 Posts: 4
    Any ideas on the July resid/MF for 36 mo/12K mile Sahara 4WD unlimited? Dealer is pushing to get 1 more out the door for June but not sure I am getting any sort of deal. Dealer did not give breakdown yet but quoted about $475 for Sahara Unlimited with Soft Top, MyGig, Automatic, Tow Group. Seems high.
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,518
    Hi mander30. Chrysler Financial's current buy rate lease money factor and residual value for a 24 month lease of a 2008 Jeep Wrangler Sahara 2-Door 4WD with 15,000 miles per year are .00281 and 70%, respectively. Jeep was providing $2,000 lease cash on this truck in its Southeast region in June, but I am not sure if this offer was extended into July.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,518
    Hello rlowrie1. Chrysler Financial's current buy rate lease money factor and residual value for a 36 month lease of a 2008 Jeep Wrangler Sahara Unlimited 4WD with 12,000 miles per year are .00292 and 65%, respectively.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • weswazweswaz Posts: 8
    I was shopping a lease over what may be the last weekend chrysler financial offers leases. Here's what I was quoted for a 2008 Sahara Unlimited 2x4, automatic, duo tops, trailer package, MyGIG and Navi:

    MSRP: 30715
    Base Cap: 28395
    Acquisition: 700
    Total: 29095

    DMV and Tire Fee: 268
    Cap Reduction: 236 (Jeep's offering a $1000 lease cash promotion right now, not sure why my cap reduciton is only 236).
    Adjusted Cap Cost: 28858

    Months: 36
    Miles: 20,500
    Money Factor: .00292
    Residual: 64% = 19657

    Payment: 398 + tax 30, $428.

    Base Cap seems good, but the $700 acquisition on top of a high 7.01% interest rate seems excessive. Where did my $1000 lease cash go? Will chrysler financial eat it up, or is the dealer trying to pocket it? Without lease cash, this would be a $465+ a month lease vehicle... with a 64% residual. Please confirm that something stinks!
  • walrusjkwalrusjk Posts: 3
    I've read some previous posts and notice that there were some awesome and horrible lease rates for the unlimited. My dealer in So Fla offered me the following lease rate for 39 mos:

    2008 Unlimited X (4x2), Hardtop, Power pkg, auto
    MSRP: $26,200
    Price: $25,500
    Miles: 10,500/yr
    Out of pocket $3000 TOTAL
    monthly pmt= $323/mo (tax included)

    The sharks down here are tougher to spear so i like to hear some feedback if this is a deal.

    Thanks!
  • weswazweswaz Posts: 8
    RE: my post above, it's 10,500 miles a year, not 20,500.

    As for lease rates, chrysler financial is not offering leases anymore effective 8/1/08. Based on what I've been quoted, they've already priced themselves out of the leasing market.

    Your deal with $3000 out of pocket, essentially equates to $399 a month with $0 out of pocket. I received a better quote today for the vehicle I described in a post above, $376 + tax=$405.
  • walrusjkwalrusjk Posts: 3
    Thanks on the update. $405 is with $0 out of pocket? What city/state are you shopping in? If that's the case, I think I should be able to get the low $300s with $0 out of pocket for that car. I just think the people in the Miami market make it tough to deal for these cars!
  • weswazweswaz Posts: 8
    I am in Southern California. Jeep is running a $1000 lease cash incentive out here right now.

    Use leasguide.com to help "ballpark" what your payment should be.
  • smitrosmitro Posts: 2
    I was looking at a Unlimited Sahara and the salesmen informed me that Chrysler was going to discontinue leases for Wranglers starting in August. Is he just trying to get a sale out of me or is there some truth to this?
  • walrusjkwalrusjk Posts: 3
    How much was your total out-of-pocket?!?
  • smitrosmitro Posts: 2
    Here is what I have been offerred, want to get people's thoughts.

    Jeep 2008 4x4 Sahara Unlimited
    No MyGig/nav. system

    Can't remember the cap or recovery % due to myriad of options that were shown to me.
    $1,000 inception fee
    Additional $1,000 down
    Includes $1,000 lease cash rebate
    36 mo. lease

    $430/mo. including sales tax. This deal doesn't seem exceptional but my feeling is that it is ok. Your thoughts?
  • kyfdx@Edmundskyfdx@Edmunds Posts: 25,964
    Chrysler is dropping leasing, altogether... It's all over the news...

    Moderator - Prices Paid, Lease Questions, SUVs

  • CarMan@EdmundsCarMan@Edmunds Posts: 38,518
    Yep, Chrysler no longer offers leases on new vehicles. Finance payments are almost always much higher than lease payments. I have a feeling that the lack of leasing is going to be a big problem for Chrysler. Traditionally, it has had the highest lease penetration rate of the "Big 3" manufacturers. We certainly are living in interesting times.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • If they are dropping leases altogether why does the Jeep Wrangler website as of 1 minute aga say they have $2500 in lease cash available on the 2008 Wranglers???? What is the deal??? Are they leasing Wranglers?
  • Hi djhalptert. Do you have a link to the page that mentioned the lease cash. Chrysler is definitely no longer offering leases through Chrysler Financial.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • http://www.jeep.com/dma/616/index.html?zip=68516&family=wrangler#family=wrangler- - &zip=68516

    Maybe this is what djhalptert was referring to. I saw that the other day also. I assumed it was maybe just a leftover tab from the website and was mistakenly not updated.
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