2014 Jeep Grand Cherokee Lease Questions

med22 · August 2014

Hi, Looking at a '14 Overland 4x2 V6. msrp $46,185. Can you tell me the MF and Res. for 36mo/12k and 36mo/15k. New Braunfels, TX. Thx. Dealer says 49% Res. and won't tell me the MF.

kyfdx · August 2014

@abcut973 said:
Hi,

I'm looking for MF/RES/MSDs on a 36months 10k miles lease for a 2014 GC SRT8 in Louisiana.
Actually which one of these terms have the best resd 24/36/39?

.00020 MF and 50% residual. That's the best term.

kyfdx · August 2014

@med22 said:
Hi, Looking at a '14 Overland 4x2 V6. msrp $46,185. Can you tell me the MF and Res. for 36mo/12k and 36mo/15k. New Braunfels, TX. Thx. Dealer says 49% Res. and won't tell me the MF.

.00012 MF and 50%/49% residual.

med22 · August 2014

If I pre qualify for a lease online thru Chrysler Capital, does that assure me the best RV and MF available for that vehicle? Is there a set aquisition fee for a '14 Overland 4X2 lease? If so, how much and what other fees should I expect?

abcut973 · August 2014

@kyfdx said:
.00020 MF and 50% residual. That's the best term.

Thanks kydx.
Sorry for the dumb question but as a newbie where do you get these number from? Can I rely on them?
Basically I contacted a dealer and he offered totally different MF/res. Does it means I can negociate to get a better deal?

Michaell · August 2014

@med22 said:
If I pre qualify for a lease online thru Chrysler Capital, does that assure me the best RV and MF available for that vehicle? Is there a set aquisition fee for a '14 Overland 4X2 lease? If so, how much and what other fees should I expect?

$595 acq fee from Chrysler. Other fees may be imposed by either the dealer or the state.

Michaell · August 2014

@abcut973 said:
Basically I contacted a dealer and he offered totally different MF/res. Does it means I can negociate to get a better deal?

Our numbers come from Chrysler Finance. Some dealers use other finance companies to write leases, and they may have completely different numbers - which we aren't able to verify.

Confirm with the dealer which company they are using. Could be Ally or US Bank.

MF can be inflated by the dealer for extra profit, but residual is fixed by the finance company and cannot be negotiated.

jbachner · August 2014

Looking to lease a 2015 JGC Limited Msrp $45,885 in Wisconsin. 36mo/10k miles. Does anyone know what the MF is on the new ones?
I see on Jeep.com 36mo is .34% APR for a 14. Thanks!

kyfdx · August 2014

@med22 said:
If I pre qualify for a lease online thru Chrysler Capital, does that assure me the best RV and MF available for that vehicle? Is there a set aquisition fee for a '14 Overland 4X2 lease? If so, how much and what other fees should I expect?

No guarantees... the dealer can still mark up the money factor for extra profit. The residual is set, though.

kyfdx · August 2014

@jbachner said:
Looking to lease a 2015 JGC Limited Msrp $45,885 in Wisconsin. 36mo/10k miles. Does anyone know what the MF is on the new ones?
I see on Jeep.com 36mo is .34% APR for a 14. Thanks!

2015: Standard money factor and 56% residual. Not sure what standard money factor might be, but probably about .0020 (which is a lot)

yarink · August 2014

Hi. Could I please have the MF and residual in NJ for:
2014 JGC Limited 4x4 36mo/12k
2015 JGC Limited 4x4 36mo/12k
Thanks!

med22 · August 2014

Maybe I'm missing something, but if I qualify for a 0.00012 MF does that equate to a 0.288% APR? The lease calculator in the research tab pre populates with 0.0012 or 2.88% APR. Thats about an $80 difference in monthy payment.

dudley84 · August 2014

A dealer is offering $6k off an Overland on their website. They are telling me they can only do that deal if the car is purchased and they can't discount as well for a lease. Is this accurate or blowing smoke at me?

kyfdx · August 2014

@yarink said:
Hi. Could I please have the MF and residual in NJ for:
2014 JGC Limited 4x4 36mo/12k
2015 JGC Limited 4x4 36mo/12k
Thanks!

2014: .00014 MF and 56% residual.

2015: Standard MF and 55% residual

kyfdx · August 2014

@med22 said:
Maybe I'm missing something, but if I qualify for a 0.00012 MF does that equate to a 0.288% APR? The lease calculator in the research tab pre populates with 0.0012 or 2.88% APR. Thats about an $80 difference in monthy payment.

.00012 is indeed equivalent to 0.288% APR.

dudley84 · August 2014

Hey, what's the MF and Residual for an Overland 4x4 in Ohio 36 months 12k miles a year? Thanks!

eddie_yvp · August 2014

Looking for the MF and Residual for 2014 JGC Limited 4x4 Diesel and 2014 JGC Overland 4x4 Diesel, 10K miles per year, 36 months. Located in Washington DC area. Thanks in advance.

kyfdx · August 2014

@dudley84 said:
Hey, what's the MF and Residual for an Overland 4x4 in Ohio 36 months 12k miles a year? Thanks!

.00010 MF and 53% residual

kyfdx · August 2014

@eddie_yvp said:
Looking for the MF and Residual for 2014 JGC Limited 4x4 Diesel and 2014 JGC Overland 4x4 Diesel, 10K miles per year, 36 months. Located in Washington DC area. Thanks in advance.

.00014 MF and 59% residual for Limited

.00010 MF and 56% for Overland

Michaell · August 2014

@dudley84 said:
A dealer is offering $6k off an Overland on their website. They are telling me they can only do that deal if the car is purchased and they can't discount as well for a lease. Is this accurate or blowing smoke at me?

Many incentives are for purchase only. Jeep dealers also have a number of different companies available for finance - US Bank, Ally, Chrysler Capital.

Michaell · August 2014

@dudley84 said:
Hey, what's the MF and Residual for an Overland 4x4 in Ohio 36 months 12k miles a year? Thanks!

.00010 and 53%

Michaell · August 2014

@eddie_yvp said:
Looking for the MF and Residual for 2014 JGC Limited 4x4 Diesel and 2014 JGC Overland 4x4 Diesel, 10K miles per year, 36 months. Located in Washington DC area. Thanks in advance.

Limited - .00014 and 59%

Overland - .00010 and 56%

tlm14 · August 2014

What is residual value percentage and money factor for a 2014 Jeep Grand Cherokee Limited in Texas for a 36 month lease.

dutchietx · August 2014

In the market for a JGC Overland 4x4, 3.6V6 regular gas in Houston, TX.
What's today's MF and residual on a 36M/ 15K yr lease term?
Thanks!

Michaell · August 2014

@tlm14 said:
What is residual value percentage and money factor for a 2014 Jeep Grand Cherokee Limited in Texas for a 36 month lease.

How many miles per year?

Michaell · August 2014

@dutchietx said:
In the market for a JGC Overland 4x4, 3.6V6 regular gas in Houston, TX.
What's today's MF and residual on a 36M/ 15K yr lease term?
Thanks!

.00010 and 51%

tlm14 · August 2014

@Michaell said:
How many miles per year?

12k

Michaell · August 2014

@tlm14 said:
What is residual value percentage and money factor for a 2014 Jeep Grand Cherokee Limited in Texas for a 36 month 12K miles per year lease.

4x4? .00014 and 56%

4x2? .00019 and 55%

colt311 · August 2014

Hi Would you please give me the RV & MF for 2014 JGC Limited & Overland Diesel 2WD & 4WD 10K & 12K 36 months for Florida? Also is there an incentive for buying a diesel - I did check the incentive section but did not see one. Thank you!

s8008 · August 2014

I'm trying to negotiate a deal for a new Jeep GC limited or overland 4x4 using the excellent chrysler lease rates this month but I can't seem to negotiate as much off the msrp as others have. I wonder what the "dealer contribution" is to supplement the lease. Also wondered what was the best way to tap into the $4500 regional IDL on the limited and $6000 on overland if you use an alternate lease company?

Michaell · August 2014

@colt311 said:
Hi Would you please give me the RV & MF for 2014 JGC Limited & Overland Diesel 2WD & 4WD 10K & 12K 36 months for Florida? Also is there an incentive for buying a diesel - I did check the incentive section but did not see one. Thank you!

Limited Diesel 4x4 - .00014 and 58%

Overland Diesel 4x4 - .00010 and 55%

Limited Diesel 4x2 - .00019 and 57%

Overland Diesel 4x2 - .00012 and 53%

Add 1% for 10K.

I don't show any special incentives for leasing a diesel; if the Edmunds site doesn't have anything either, I guess there isn't any.

Michaell · August 2014

@s8008 said:
I'm trying to negotiate a deal for a new Jeep GC limited or overland 4x4 using the excellent chrysler lease rates this month but I can't seem to negotiate as much off the msrp as others have. I wonder what the "dealer contribution" is to supplement the lease. Also wondered what was the best way to tap into the $4500 regional IDL on the limited and $6000 on overland if you use an alternate lease company?

We don't have any information on lease numbers or incentives from other companies - we only have Chrysler Financial data.

Use the shopping tools at the top of the page to determine the target selling price.

apcl · August 2014

Could you give me the mf and residual for a 2014 grand cherokee altitude in pa? 36/12 and 36/10
Thanks!

Michaell · August 2014

@apcl said:
Could you give me the mf and residual for a 2014 grand cherokee altitude in pa? 36/12 and 36/10
Thanks!

4x4? .00021 and 57%. Add 1% for 10K.

yarink · August 2014

Basic question here.. but if the MF on a JGC is .00016 does that imply the APR is 0.384% (MF x 2400)? Or is the actual APR .0016 x 2400 - 3.84%. Just curious as most leasing calculators seem to quote MF around the .002 area. Thanks!

Michaell · August 2014

@yarink said:
Basic question here.. but if the MF on a JGC is .00016 does that imply the APR is 0.384% (MF x 2400)? Or is the actual APR .0016 x 2400 - 3.84%. Just curious as most leasing calculators seem to quote MF around the .002 area. Thanks!

The MF equates to a percentage less than 1% ... .00016 is the correct number. Highly subsidized, for sure.

mdinla · August 2014

I'm looking at a 2014 Jeep Grand Cherokee Limited 4x4 in Los Angeles.
For a 36-month 10k/year lease a dealer just quoted me a MF of .00061 and RV% of 56%.
The MF seems off. Does that fit with what others are seeing?
Also, is it normal for drive-off fees on a zero-down lease to be $1,100? Does the customer normally pay for the bank fee, for example?
Thanks!

Michaell · August 2014

@mdinla said:
I'm looking at a 2014 Jeep Grand Cherokee Limited 4x4 in Los Angeles.
For a 36-month 10k/year lease a dealer just quoted me a MF of .00061 and RV% of 56%.
The MF seems off. Does that fit with what others are seeing?
Also, is it normal for drive-off fees on a zero-down lease to be $1,100? Does the customer normally pay for the bank fee, for example?
Thanks!

Base MF is .00014; dealer can mark it up for extra profit.

Drive off fees include the acquisition fee of $595, first payment and some misc stuff like the $80 doc fee in CA.

sammy810 · August 2014

Hey everyone, Im from NYC looking to Lease a 2014 Jeep grand Cherokee Limited w/ lux ii package

1st Question: Whats the best Negotiated prices available for this car?

2nd: What is the Money factor and Residual?

3rd: Is it cheaper to go for the 2014 or the 2015?

4th: What should my monthly pmts be? & How do you calculate them?

I am not trading anything in and I just want to pay my first month, DMV and bank fee up front.

I am rookie tryna get a good deal and could definitely use some of your help. Thanks in advance guys.

Michaell · August 2014

@sammy810 said:
Hey everyone, Im from NYC looking to Lease a 2014 Jeep grand Cherokee Limited w/ lux ii package

1st Question: Whats the best Negotiated prices available for this car?

Use the shopping tools at the top of the page to figure out your target price.

2nd: What is the Money factor and Residual?

What lease term and how many miles per year.

3rd: Is it cheaper to go for the 2014 or the 2015?

Better rates on the 2014's, but probably less selection.

4th: What should my monthly pmts be? & How do you calculate them?

We would need the MSRP and selling price in order to model a payment.

I am not trading anything in and I just want to pay my first month, DMV and bank fee up front.

I am rookie tryna get a good deal and could definitely use some of your help. Thanks in advance guys.

sammy810 · August 2014

My lease term would be 36 months and either 10k to 12k a year

Do they write up the lease up the lease by the MSRP or the Neg price?

brimas · August 2014

Hi - Can you please confirm the MF & Residual for a JGC in NY 36mo/12k year? Earlier you mentioned it was 0.00014 and 56%, but this dealer is trying to tell me the residual is 55% (and seem to be marking up MF to 0.00019).

brimas · August 2014

Further to above - I am looking at a 4x4.

brimas · August 2014

Also - JGC Limited, sorry.

Michaell · August 2014

@sammy810 said:
My lease term would be 36 months and either 10k to 12k a year

Do they write up the lease up the lease by the MSRP or the Neg price?

2014 JGC Limited 4x4 - 36/12 - .00014 and 56%. Add 1% for 10K

Michaell · August 2014

@brimas said:
Hi - Can you please confirm the MF & Residual for a JGC in NY 36mo/12k year? Earlier you mentioned it was 0.00014 and 56%, but this dealer is trying to tell me the residual is 55% (and seem to be marking up MF to 0.00019).

36/12 MF and RV are confirmed at .00014 and 56%.

brimas · August 2014

Now, I know they can't change the residual value on the car, but they are insistent that it is 55%. They are telling me 56% for 10k. Normally I'd go to another dealer, but they are offering me the best price even with the residual difference. Is the 2015 model 55%? Maybe they have the model years confused?

Michaell · August 2014

@brimas said:
Now, I know they can't change the residual value on the car, but they are insistent that it is 55%. They are telling me 56% for 10k. Normally I'd go to another dealer, but they are offering me the best price even with the residual difference. Is the 2015 model 55%? Maybe they have the model years confused?

2015 JGC Limited 4x4 - standard MF (expensive, around .00200), but 36/15 RV is 53%. Which makes the 12K RV 55% and the 10K RV 56%.

pete1314 · August 2014

Can you please confirm the MF & Residual for the following in MN? All would be for 36mo/15,000k miles.
2014 JGC Limited
2014 JGC Overland
2015 JGC Limited
2015 JGC Overland
I'm pricing these 4 options out with my dealer since they have all the vehicles on the lot, but they seem to be marking up the MF from what I can tell. I would expect the 2014's to be much more subsidized. Thanks

Michaell · August 2014

@pete1314 said:
Can you please confirm the MF & Residual for the following in MN? All would be for 36mo/15,000k miles.
2014 JGC Limited

I'll assume 4x4 for all of them, given that you are in Minnesota. .00014 and 54%

2014 JGC Overland

.00010 and 51%

2015 JGC Limited

Standard MF (not sure exactly, but probably around .00200) and 53%

2015 JGC Overland

Standard MF and 51%

I'm pricing these 4 options out with my dealer since they have all the vehicles on the lot, but they seem to be marking up the MF from what I can tell. I would expect the 2014's to be much more subsidized. Thanks

2014 Jeep Grand Cherokee Lease Questions

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