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2014 Jeep Cherokee Lease Questions

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  • hcurtishcurtis Member Posts: 7

    I am looking for MF and Residual for Cherokee Limited and Trailhawk in Washington - Seattle area.

  • MichaellMichaell Moderator Posts: 240,063

    @hcurtis said:
    I am looking for MF and Residual for Cherokee Limited and Trailhawk in Washington - Seattle area.

    What lease term and how many miles per year?

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  • selwa27selwa27 Member Posts: 2
    edited August 2014

    Hi I am a newbie here, interested in a jeep latitude in Michigan, can anyone tell me what these numbers are that I see here or guide me a key to interpreting what it means?

    I am interested in a 12000 mile/year lease with as low deposit as possible. About 740 credit score.

  • hcurtishcurtis Member Posts: 7

    The lease term looks like 36 mo's - hope to get better than 10,000 miles however.

  • kyfdxkyfdx Moderator Posts: 235,188

    @hcurtis said:
    I am looking for MF and Residual for Cherokee Limited and Trailhawk in Washington - Seattle area.
    @hcurtis said:
    The lease term looks like 36 mo's - hope to get better than 10,000 miles however.

    4X4? 36mo, 15K/yr

    Limited: .00013 MF and 52% residual

    TrailHawk: .00006 MF and 51% residual

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  • kyfdxkyfdx Moderator Posts: 235,188

    @selwa27 said:
    Hi I am a newbie here, interested in a jeep latitude in Michigan, can anyone tell me what these numbers are that I see here or guide me a key to interpreting what it means?

    I am interested in a 12000 mile/year lease with as low deposit as possible. About 740 credit score.

    Try this post: http://forums.edmunds.com/discussion/2105/general/x/how-do-i-calculate-monthly-lease-payments

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  • cali_yorkcali_york Member Posts: 1
    Hey Ky,

    Do you have the numbers for Southern California Jeep Cherokee Limited 4x2, 36 no, 12k? Many thanks.
  • MichaellMichaell Moderator Posts: 240,063

    @cali_york said:
    Hey Ky,

    Do you have the numbers for Southern California Jeep Cherokee Limited 4x2, 36 no, 12k? Many thanks.

    .00022 and 54%

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  • drewazdrewaz Member Posts: 1

    2014 Jeep Cherokee Latitude FWD SUV V6
    Arizona/Phoenix Metro Area

    Looking for Residual and MF.

    Thanks

  • steverstever Guest Posts: 52,454

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  • MichaellMichaell Moderator Posts: 240,063

    @drewaz said:
    2014 Jeep Cherokee Latitude FWD SUV V6
    Arizona/Phoenix Metro Area

    Looking for Residual and MF.

    Thanks

    What lease term and how many miles per year?

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  • kyfdxkyfdx Moderator Posts: 235,188

    @drewaz said:
    2014 Jeep Cherokee Latitude FWD SUV V6
    Arizona/Phoenix Metro Area

    Looking for Residual and MF.

    Thanks

    .00019 MF and 53% residual for 36mo, 15K/yr

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  • r03r03 Member Posts: 8

    Looking for numbers on a 2014 Cherokee Latitude and Limited 4x2 12k/36mo. North Central Florida. Also, if it’s not trouble I’d like to compare to the 4x4 numbers. Thanks very much.

  • kyfdxkyfdx Moderator Posts: 235,188

    @r03 said:
    Looking for numbers on a 2014 Cherokee Latitude and Limited 4x2 12k/36mo. North Central Florida. Also, if it’s not trouble I’d like to compare to the 4x4 numbers. Thanks very much.

    Latitude 4X2: .00020 MF and 48% residual for 39 months..

    Limited 4X2: .00007 MF and 49% residual for 39 months

    Latitude 4X4: .00010 MF and 51% residual for 39 months

    Limited 4X4: .00016 MF and 50% residual for 39 months

    39 months is the supported term, this month.

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  • cewozcewoz Member Posts: 9

    Looking for jeep Cherokee trailhawk with nav comfort convenience package/cold weather/tow package.  Msrp $36064 

    36  months 15k miles

    Dealer gave me 33606 & a 16k residual. $538/mth...really high

    Anyone have the real numbers?

  • cewozcewoz Member Posts: 9

    V6 option also

    cewoz said:

    Looking for jeep Cherokee trailhawk with nav comfort convenience package/cold weather/tow package.  Msrp $36064 

    36  months 15k miles

    Dealer gave me 33606 & a 16k residual. $538/mth...really high

    Anyone have the real numbers?


  • MichaellMichaell Moderator Posts: 240,063
    cewoz said:

    Looking for jeep Cherokee trailhawk with nav comfort convenience package/cold weather/tow package.  Msrp $36064 

    36  months 15k miles

    Dealer gave me 33606 & a 16k residual. $538/mth...really high

    Anyone have the real numbers?

    36 month numbers aren't very good this month .. for 39 months, the MF is .00010 and the RV is 47%.

    With your MSRP and selling price, I get a pre-tax payment of $432.13/mo for 39 months.

    Soooo, your quote is just a bit high.

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  • cewozcewoz Member Posts: 9
    Thanks for the quick reply.  That's what I thought. 

  • cewozcewoz Member Posts: 9

    what should the RV be? I've seen 50-54% this  would be fully loaded minus tech package

  • MichaellMichaell Moderator Posts: 240,063
    cewoz said:

    what should the RV be? I've seen 50-54% this  would be fully loaded minus tech package

    The numbers I have are from Chrysler Finance .. dealers can use other finance companies that use different RV and MF numbers, but we don't have the ability to validate them.



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  • r03r03 Member Posts: 8
    kyfdx said:

    @r03 said:
    Looking for numbers on a 2014 Cherokee Latitude and Limited 4x2 12k/36mo. North Central Florida. Also, if it’s not trouble I’d like to compare to the 4x4 numbers. Thanks very much.

    Latitude 4X2: .00020 MF and 48% residual for 39 months..

    Limited 4X2: .00007 MF and 49% residual for 39 months

    Latitude 4X4: .00010 MF and 51% residual for 39 months

    Limited 4X4: .00016 MF and 50% residual for 39 months

    39 months is the supported term, this month.


    Thanks for the numbers. When the supported term is 39 months, does the typical 36 month warranty extend another 3 months? Would hate to drive out of warranty, kind of defeats the purpose of leasing.
  • kyfdxkyfdx Moderator Posts: 235,188
    r03 said:

    kyfdx said:

    @r03 said:
    Looking for numbers on a 2014 Cherokee Latitude and Limited 4x2 12k/36mo. North Central Florida. Also, if it’s not trouble I’d like to compare to the 4x4 numbers. Thanks very much.

    Latitude 4X2: .00020 MF and 48% residual for 39 months..

    Limited 4X2: .00007 MF and 49% residual for 39 months

    Latitude 4X4: .00010 MF and 51% residual for 39 months

    Limited 4X4: .00016 MF and 50% residual for 39 months

    39 months is the supported term, this month.

    Thanks for the numbers. When the supported term is 39 months, does the typical 36 month warranty extend another 3 months? Would hate to drive out of warranty, kind of defeats the purpose of leasing.



    Nope... no warranty extensions.. I think the powertrain warranty is at least longer than 36 months, though... so, a little protection. 15K/yr lessees run out of warranty all the time. That's a pretty low-risk time/age to be out of warranty.

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  • kris301kris301 Member Posts: 34
    Looking for the numbers for 2014 Limited 4x4 24 or 27 months at 10k/yr in MA. Also 2014 Altitude 4x4 same, 24/27 at 10k/yr. Thanks!
  • kyfdxkyfdx Moderator Posts: 235,188
    kris301 said:

    Looking for the numbers for 2014 Limited 4x4 24 or 27 months at 10k/yr in MA. Also 2014 Altitude 4x4 same, 24/27 at 10k/yr. Thanks!

    Limited: .00026 MF and 60% residual for 27mo, 10K/yr

    Altitude: .00031 MF and 60% residual for 27 mo, 10K/yr

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  • cewozcewoz Member Posts: 9
    edited September 2014

    Any new numbers on a trail hawk?

    Msrp 36065

    Tow/nav/convenience pkg

    15k per yr

    36-39mths

  • MichaellMichaell Moderator Posts: 240,063
    cewoz said:

    Any new numbers on a trail hawk?

    Msrp 36065

    Tow/nav/convenience pkg

    15k per yr

    36-39mths

    2014 - 39 months is the sweet spot this month.

    39/15 - .00010 and 47%

    add 2% for 12K and 3% for 10K

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  • cewozcewoz Member Posts: 9

    @Michaell‌ RV is based off MSRP or actual sales price.

  • MichaellMichaell Moderator Posts: 240,063
    cewoz said:

    @Michaell‌ RV is based off MSRP or actual sales price.

    Residual is calculated off the MSRP. The lower you can get your sales price to be, the lower your payment will be.

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  • cheyjey1cheyjey1 Member Posts: 11
    edited September 2014
    Could I get MF and Residual in California for
    2014 4X2 Limited 10kmiles 24 or 27 months (whatever term they are offering)
    2015 4X2 Limited 10kmiles 24 or 27 months (whatever term they are offering)
  • MichaellMichaell Moderator Posts: 240,063
    cheyjey1 said:

    Could I get MF and Residual in California for
    2014 4X2 Limited 10kmiles 24 or 27 months (whatever term they are offering)
    2015 4X2 Limited 10kmiles 24 or 27 months (whatever term they are offering)

    2014 - .00015 and 59% for 27/10

    2015 - .00050 and 61% for 24/10

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  • sac29sac29 Member Posts: 1

    hi,

    New to this forum. Any advice for negotiating w tier 3 credit? Also, what should I be looking for numbers wise? Looking to get into latitude 4x4 12k/36 months. Also, any dealer recs for central/north nj? Thanks. I'm trying to do my homework before heading in. 

  • MichaellMichaell Moderator Posts: 240,063
    sac29 said:

    hi,

    New to this forum. Any advice for negotiating w tier 3 credit? Also, what should I be looking for numbers wise? Looking to get into latitude 4x4 12k/36 months. Also, any dealer recs for central/north nj? Thanks. I'm trying to do my homework before heading in. 

    Base MF is .00010 and 36/12 residual is 52%.

    Tier 3 credit adds .00060 to the base MF.

    Negotiate your best deal by using the pricing tools at the top of the page, and ensure that the dealer doesn't mark up the MF on you beyond the .00070 base.

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  • r03r03 Member Posts: 8
    kyfdx said:

    @r03 said:
    Looking for numbers on a 2014 Cherokee Latitude and Limited 4x2 12k/36mo. North Central Florida. Also, if it’s not trouble I’d like to compare to the 4x4 numbers. Thanks very much.

    Latitude 4X2: .00020 MF and 48% residual for 39 months..

    Limited 4X2: .00007 MF and 49% residual for 39 months

    Latitude 4X4: .00010 MF and 51% residual for 39 months

    Limited 4X4: .00016 MF and 50% residual for 39 months

    39 months is the supported term, this month.


    Wasn't able to finalize a lease in September, any numbers for October yet?
  • kyfdxkyfdx Moderator Posts: 235,188
    r03 said:

    kyfdx said:

    @r03 said:
    Looking for numbers on a 2014 Cherokee Latitude and Limited 4x2 12k/36mo. North Central Florida. Also, if it’s not trouble I’d like to compare to the 4x4 numbers. Thanks very much.

    Latitude 4X2: .00020 MF and 48% residual for 39 months..

    Limited 4X2: .00007 MF and 49% residual for 39 months

    Latitude 4X4: .00010 MF and 51% residual for 39 months

    Limited 4X4: .00016 MF and 50% residual for 39 months

    39 months is the supported term, this month.

    Wasn't able to finalize a lease in September, any numbers for October yet?


    Numbers have not changed:



    Latitude 4X2: .00020 MF and 48% residual for 39 months..
    Limited 4X2: .00007 MF and 49% residual for 39 months
    Latitude 4X4: .00010 MF and 51% residual for 39 months
    Limited 4X4: .00016 MF and 50% residual for 39 months

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  • augiebubbaaugiebubba Member Posts: 8
    Think I got screwed over
  • augiebubbaaugiebubba Member Posts: 8
    had a deal for a 2014 limited cherokee lined up money down,,could not sign til mon they called said the lease help ended yesterday ..however check with other dealer they say everything still intct til mon ..can this be checked
  • kyfdxkyfdx Moderator Posts: 235,188

    had a deal for a 2014 limited cherokee lined up money down,,could not sign til mon they called said the lease help ended yesterday ..however check with other dealer they say everything still intct til mon ..can this be checked

    If the lease is through Chysler Capital, then the program is good through Monday. If it was through Ally or another bank, it might be different, but I wouldn't have that information.

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  • augiebubbaaugiebubba Member Posts: 8
    ty yes thru ally
  • augiebubbaaugiebubba Member Posts: 8
    is there a way to check on the ally nubers tyty
  • MichaellMichaell Moderator Posts: 240,063
    We don't have any of the numbers from Ally - sorry.

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  • bones718bones718 Member Posts: 1
    edited November 2014
    hello. What is a decent monthly range for a 2014 jeep cherokee v6 altitude. msrp on website is $33,375. I intend to try to only put down first month's payment for 3y/12k. What is the mf /residual for Nov 2014? Thanks
  • kyfdxkyfdx Moderator Posts: 235,188
    bones718 said:

    hello. What is a decent monthly range for a 2014 jeep cherokee v6 altitude. msrp on website is $33,375. I intend to try to only put down first month's payment for 3y/12k. What is the mf /residual for Nov 2014? Thanks

    It looks like Chrysler Financial has pulled any lease support for 2014 models. If lease deals are available, it would have to be through a different bank. You'll have to check with your dealer on that.

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  • morgannourmorgannour Member Posts: 4
    edited November 2014
    Hi,
    Would you please provide money factor/residual for the month of December, on 2014 Cherokee LIMITED AWD? 10k/36 mo Los Angels, CA. excellent credit.

    Is the money factor different on the 2015, same vehicle? and if not, what is the rate/ residual please!?

    Much Appreciated!
  • kyfdxkyfdx Moderator Posts: 235,188

    Hi,
    Would you please provide money factor/residual for the month of December, on 2014 Cherokee LIMITED AWD? 10k/36 mo Los Angels, CA. excellent credit.

    Is the money factor different on the 2015, same vehicle? and if not, what is the rate/ residual please!?

    Much Appreciated!


    No 2014 lease support from Chrysler Capital

    2015: .00047 MF and 53% residual.

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  • ClairesClaires Member Posts: 1,222
    To discuss the latest lease details for the current model, please join us in the 2015 Jeep Cherokee Lease Questions forum.

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