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2013 and earlier Jeep Grand Cherokee Lease Questions
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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.....
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.
Thanks as always...
* 54% for 15K
* 56% for 12K
* 57% for 10K
4X2 Overland; Money Factor/ Resi please with 12K miles?
Thanks!
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
Where would I find the best insight on whether or not they will be offering leasing incentives on them?
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.
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
also, same info on 2013 car.
what rebates/incentives exist for each model year.
thanks!
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?
Thanks!
residual .57
mf = .00004
bank fee = 795
selling price = 38000 (includes $2k of rebates)
36 months, 10k miles per year.
if i am only willing to pay first month plus tags, doc fee (approx $400), what should my monthly payment be including nyc tax of 8.875%.
Chrysler is currently providing a $1,000 cash incentive on leases of this truck.
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
The numbers for an otherwise identical 39-month lease are 3.62% and 44%.
I don't think that Chrysler is currently providing support on 4-year leases of this truck.
There is a $500 cash incentive on leases of it that you need to make sure to take into account during your negotiations.
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
The numbers for an otherwise identical lease of a 2013 model are 2.1% and 56% with a $1,000 cash incentive.
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
Customer Name: Inside Car Buying, LLC WD Deal ID: 21354
Sale Vehicle: New 2013 JEEP GRAND CHEROKEE 4WD WKJH74 4dr Wgn Laredo w/AC , Automatic , Odom: 0
Payment Details
Term 39
Base Payment 328.96
Total Payment 328.96
Purchase Option 19,990.00
MSRP 39,380.00
Est. Miles Per Year 12,000
Disposition Fee 450.00
Excess Mileage Charge 0.25
Amount Due at Signing
1st Month Payment 328.96
Acquisition Fee 695.00
Fees & Insurance 197.50
Upfront Taxes 1,445.46
Total Inception Fees 2,666.92
Rebate as Cap Reduction 6,000.00
Total Drive Off 8,666.92
Total Cash Required on Delivery 2,666.92
Tax Information
Customer State: New York Customer County: WESTCHESTER
Type Amount Rate Paid
Cashdown Tax 499.29 7.3750 Upfront
Upfront Tax 946.17 7.3750 Upfront
Fee Information
Description Amount Paid
Reg 100.00 Upfront
Insp 10.00 Upfront
Title 12.50 Upfront
DocFee 75.00 Upfront
can you post the current money factor and residuals for US Bank and Chase for a 2014 Jeep Grand Cherokee Overland 4x4? I have the rates for Ally but i'd like to compare without going back to the dealer.
Thanks.
Can you post the US Bank residual and money factor on the 4x4 overland? I assume its a 2013 or 14? Is it an V8 or V6? What deal did you get?
Thanks,
Al
I am looking for the latest money factor and residual for:
2014 JGC Overland (V6)
2014 JGC Overland (EcoDiesel)
The lease will be 36 months and the miles are 12000/year.
Thanks!
Money Factor-.00130
Residual-50%
Buy out-$19,505
You are buying the Jeep after rebates at $30,966 after rebates plus tax and tags which are included into the payment.
And my payments would be with $2,000 down at 39 months for 12k miles a year it will be 359 a month all fees already rolled into the payment. Anybody with some help? I think the 50% residual should be higher but even with that calculation the payment should be lower.
MRSP $39,010.00
Residual% 0.5
Residual Value $19,505.00
Sales Pice $28,966.00 (2K less your sales price)
Depreciation $9,461
Months 36
Monthly depreciation $262.81
Moneyfactor 0.00130 aka 3.12%
mfpay $63.01
Lease $325.82
NJ Tax Rate 0.07
Tax $22.81
lease with tax $348.63
I've been following your posts on here. Is that deal on a 13' only?
I am considering leasing a GC, might wait for a 14' but I'm sure the deals won't be as good as a 13'?
Thanks
Joe
2014 GCJ Overland with v8 Engine, Tech Package, and upgraded Braking system.
msrp - $51000
sale - $48030
term - 39 mo
mileage - 12k
Money down - $900.00
Conquest Bonus - $1000
payment - $645.00
Note - Lease is through Ally Finance. Not sure of the exact Money factor but was told that Ally rated me at A Tier credit. Dealer also paid off (dealer buyout) my existing Auto loan.
I picked up a 2014 Grand Cherokee Limited, V6. 20" wheels.
41,870 msrp. I put 2k down total including tax, dmv, 1st payment.
Monthly payments are 423/month. 10k lease.
Ed at Atlantic Jeep.
Good deal?
That's the exact MSRP of the Jeep I was looking at. Curious what the difference would be if I went 12k miles per year. Did they happen to show you the different options by chance? Also - what is the cost per mile over your allotted mileage?
Thank you
Tim
Are there any issues like return fees or high excess per mile costs?
What state (if New York/CA great deal, if a lower tax state not so much)?
How many months?
Your total cost at pickup was $2k, that's pretty good but it depends on how much off MSRP you negotiated. I can't extrapolate your rates and residuals but it seems for 2014 that seems good.
8.625 sales tax rate - NY
12k would've been 10$ more per month but I won't be close to 10k
Through ally bank.
He priced out a (first payment) $0 down lease, 39 month, 12k per year. $504 with all taxes & fees included in the lease. Sales tax in MA is 6.25%
Is this a good deal? I also just got a thing in the mail from Jeep which is $500 Jeep cash - he said he could use that as a rebate and the payment will go down some.
What dealership is this?
I'm assuming that the deal on the vehicle I'm returning is a good one. It's a 2007 Limited with HEMI, fully loaded, originally just under $44,000. The interior is in perfect condition, like new. The exterior needs paint on the corner of one bumper to cover scratches, no body work. The tires need to be replaced. The car has just about 44,000 miles. Any advice is very welcomed. Thanks!
New to the forum and very slow :-) I've went over the specs for the Laredo and Laredo E and I can't find any difference between the models except for the fact the the Laredo E allows for a number of options to be added to it. Am I missing something here or are the pretty much the same model.
Also, with that said I am no going to please lease ignorance and ask someone to calculate me a 3 year 10k mile lease on a 2014 stock Laredo, No Money Down.
Thanks in advance everyone, I'm hope you can help me out.
A few questions for you.
- What is the buy rate MF for the lease? Is the dealer offering you the buy rate?
- What is the RV for the lease?
- Are any incentives such as loyalty cash included in the negotiated sales price of 43,162?
Knowing the above will help evaluate your deal.
Cheers!
A lease is not very daunting as its only based on three variables: Negotiated sales price; Residual Value (RV); and Money Factor (MF).
RV is a fixed percentage set by the bank (e.g., Ally) that's doing the lease. There is a base rate MF that is suggested by the bank as well but dealers have the latitude to mark it up as another source of profit. Both RV and MF are based on your model, lease term, and mileage per year. Ask Carman on this forum to give you the RV and MF for your 3 year/10K lease on the Laredo.
With the above numbers in hand, the calculations would be as follows,
Monthly Depreciation = (Cap Cost - (RV*MSRP))/Lease Term
Monthly Interest Charges = (Cap Cost + RV*MSRP)*MF
Monthly Lease (pre tax) = Monthly Depreciation + Monthly Interest Charges
*N.B.: Cap Cost assumes Negotiated Sales Price + Acquisition fee only (i.e., no cap cost reduction or $0 down)
Cheers!