Good afternoon and thank you for responding to everyone's questions here. I'm looking to lease a 2016 4x4 Grand Cherokee Limited in Florida with the Luxury Group II option (I think this comes with upgraded audio and Navigation?). I don't have a trade in and would prefer not to put any money down. I also have excellent credit (750+). I'm looking to lease for 36 months and would like numbers for both 12k and 15k miles per year. Would you please tell me what's a fair monthly lease payment would be? Also, how much can I talk them down to from the MSRP price?
Thanks again and have a great day.
.00089 and 55% (36/15) or 57% (36/12).
Use the "make / model / year" pull downs at the top of the page to link to the price tools; your goal is to get a price lower than TMV.
Would need to know the MSRP and adjusted cap cost in order to model a payment.
Ok, the Jeep.com site gives me an MSRP of $43,260 and the Edmunds TMV is $42,726. Does this info suffice in estimating a lease payment? Also realistically, how much can I hope to bring the price down from the TMV?
Good afternoon and thank you for responding to everyone's questions here. I'm looking to lease a 2016 4x4 Grand Cherokee Limited in Florida with the Luxury Group II option (I think this comes with upgraded audio and Navigation?). I don't have a trade in and would prefer not to put any money down. I also have excellent credit (750+). I'm looking to lease for 36 months and would like numbers for both 12k and 15k miles per year. Would you please tell me what's a fair monthly lease payment would be? Also, how much can I talk them down to from the MSRP price?
Thanks again and have a great day.
.00089 and 55% (36/15) or 57% (36/12).
Use the "make / model / year" pull downs at the top of the page to link to the price tools; your goal is to get a price lower than TMV.
Would need to know the MSRP and adjusted cap cost in order to model a payment.
Ok, the Jeep.com site gives me an MSRP of $43,260 and the Edmunds TMV is $42,726. Does this info suffice in estimating a lease payment? Also realistically, how much can I hope to bring the price down from the TMV?
Thanks again for all your help.
With those prices, I get a payment of $585/mo for 36/15 or $562/mo for 36/12.
We don't track selling prices, but you want to get a price below TMV - how much below, I can't answer.
Was just informed by dealership there is a recall on 2016/2015 grand Cherokee which stop them from selling any of them until the problem is resolved. Is that true?
Was just informed by dealership there is a recall on 2016/2015 grand Cherokee which stop them from selling any of them until the problem is resolved. Is that true?
I do see a recall on the wiring harness; do not see any information on a stop sale.
Have you contacted multiple Jeep dealers to see if you are getting a consistent story?
Was just informed by dealership there is a recall on 2016/2015 grand Cherokee which stop them from selling any of them until the problem is resolved. Is that true?
I do see a recall on the wiring harness; do not see any information on a stop sale.
Have you contacted multiple Jeep dealers to see if you are getting a consistent story?
Not checked with any other dealership but they are still replying my query on it without mentioning this. Will be surprised different dealers reacting differently on recall.
Hello - please confirm .00037 MF and residual 52% for 36/15 in PA for 2016 Overland 4x4 and provide MF and RV for Summit 4x4 in PA. Any differences for 6cyl vs 8cyl for these models?
I was quoted MF of .0019 and RV of 54% on a 2016 Jeep Grand Cherokee Summit 4x4 MSRP $54085. Cap cost is $50726. They want a down payment of $3500 (state of Indiana). Could you verify and tell me if this is a good or bad deal. Is the MF negotiable?
Hello - please confirm .00037 MF and residual 52% for 36/15 in PA for 2016 Overland 4x4 and provide MF and RV for Summit 4x4 in PA. Any differences for 6cyl vs 8cyl for these models?
I was quoted MF of .0019 and RV of 54% on a 2016 Jeep Grand Cherokee Summit 4x4 MSRP $54085. Cap cost is $50726. They want a down payment of $3500 (state of Indiana). Could you verify and tell me if this is a good or bad deal. Is the MF negotiable?
I confirm the .00109 MF and 54% RV for 36/12 on the Summit 4x4.
With your MSRP and cap cost, I get a payment of $685/mo before tax, and assuming $0 down.
We don't recommend making a down payment on a lease; that money is lost if the car is stolen or totaled.
Hi, Looking for residual and MF for 2015 and 2016 Grand Cherokee Limited 4X4 in Wisconsin. 12K/36. 5.6% sales tax. Also payment on MSRP 42,750 with sale price after incentives of 34,000. Is acq. fee waived on 2015?? Thanks
Hi, Looking for residual and MF for 2015 and 2016 Grand Cherokee Limited 4X4 in Wisconsin. 12K/36. 5.6% sales tax. Also payment on MSRP 42,750 with sale price after incentives of 34,000. Is acq. fee waived on 2015?? Thanks
I know this is a long shot. I recently lease a 2015 Lexus GS350 but lost my job so looking to down size in payment by $150-$200 a month. Plan on trading in Lexus for a Jeep GC. Now, what is the best deal everyone is getting? I don't mind putting down $2,000 DP. Really like the Limited/Overland
I live in Massachusetts. Looking for info on 2016 Grand Cherokee Limited. MSRP $41,650 and sale price of $37,205. With MF of .00089 and Residual of 57%, I get a monthly payment of $455 for 3 years/36k miles. Tax rate is 6.25%. This does not include registration/plates, or any doc fees. Does this look correct? Please confirm if MF and residual are correct. Thanks
I know this is a long shot. I recently lease a 2015 Lexus GS350 but lost my job so looking to down size in payment by $150-$200 a month. Plan on trading in Lexus for a Jeep GC. Now, what is the best deal everyone is getting? I don't mind putting down $2,000 DP. Really like the Limited/Overland
A couple of points:
1. It's really expensive to terminate a lease early.. chances are you are highly upside down 2. The Grand Cherokee does not have good lease numbers, and are fairly expensive to lease
Combine the two, and I doubt seriously you could save any money by trading out.
I live in Massachusetts. Looking for info on 2016 Grand Cherokee Limited. MSRP $41,650 and sale price of $37,205. With MF of .00089 and Residual of 57%, I get a monthly payment of $455 for 3 years/36k miles. Tax rate is 6.25%. This does not include registration/plates, or any doc fees. Does this look correct? Please confirm if MF and residual are correct. Thanks
I know this is a long shot. I recently lease a 2015 Lexus GS350 but lost my job so looking to down size in payment by $150-$200 a month. Plan on trading in Lexus for a Jeep GC. Now, what is the best deal everyone is getting? I don't mind putting down $2,000 DP. Really like the Limited/Overland
A couple of points:
1. It's really expensive to terminate a lease early.. chances are you are highly upside down 2. The Grand Cherokee does not have good lease numbers, and are fairly expensive to lease
Combine the two, and I doubt seriously you could save any money by trading out.
I know I am screwed on this one... blahhhhhh
Do you know if there are any deals on 2015s? Maybe they can give me a somewhat better deal. I used the lease calculator with $6500 upside down, I still save about $150 a month...
Can you give me RV and MF for 2015 if possible and 2016 with 36/12K for Altitude, High Altitude
I know this is a long shot. I recently lease a 2015 Lexus GS350 but lost my job so looking to down size in payment by $150-$200 a month. Plan on trading in Lexus for a Jeep GC. Now, what is the best deal everyone is getting? I don't mind putting down $2,000 DP. Really like the Limited/Overland
A couple of points:
1. It's really expensive to terminate a lease early.. chances are you are highly upside down 2. The Grand Cherokee does not have good lease numbers, and are fairly expensive to lease
Combine the two, and I doubt seriously you could save any money by trading out.
I know I am screwed on this one... blahhhhhh
Do you know if there are any deals on 2015s? Maybe they can give me a somewhat better deal. I used the lease calculator with $6500 upside down, I still save about $150 a month...
Can you give me RV and MF for 2015 if possible and 2016 with 36/12K for Altitude, High Altitude
I know this is a long shot. I recently lease a 2015 Lexus GS350 but lost my job so looking to down size in payment by $150-$200 a month. Plan on trading in Lexus for a Jeep GC. Now, what is the best deal everyone is getting? I don't mind putting down $2,000 DP. Really like the Limited/Overland
A couple of points:
1. It's really expensive to terminate a lease early.. chances are you are highly upside down 2. The Grand Cherokee does not have good lease numbers, and are fairly expensive to lease
Combine the two, and I doubt seriously you could save any money by trading out.
I know I am screwed on this one... blahhhhhh
Do you know if there are any deals on 2015s? Maybe they can give me a somewhat better deal. I used the lease calculator with $6500 upside down, I still save about $150 a month...
Can you give me RV and MF for 2015 if possible and 2016 with 36/12K for Altitude, High Altitude
I know this is a long shot. I recently lease a 2015 Lexus GS350 but lost my job so looking to down size in payment by $150-$200 a month. Plan on trading in Lexus for a Jeep GC. Now, what is the best deal everyone is getting? I don't mind putting down $2,000 DP. Really like the Limited/Overland
A couple of points:
1. It's really expensive to terminate a lease early.. chances are you are highly upside down 2. The Grand Cherokee does not have good lease numbers, and are fairly expensive to lease
Combine the two, and I doubt seriously you could save any money by trading out.
I know I am screwed on this one... blahhhhhh
Do you know if there are any deals on 2015s? Maybe they can give me a somewhat better deal. I used the lease calculator with $6500 upside down, I still save about $150 a month...
Can you give me RV and MF for 2015 if possible and 2016 with 36/12K for Altitude, High Altitude
Dumb question here but can you please confirm that once a sales price is determined, less any rebates, that becomes the cap cost unless any fees/etc are rolled into to the cap cost? And more importantly, there is no sales tax collected except on the total of the payments which can either be paid up front or spread out per month as part of the payment?
About to pull trigger on 36 month 15k miles for 2016 Overland V8 with:
- MSRP of $53,720 with sales price of $50,000 - Less $2500 in rebates - Final cap cost of $47,500. - Dealer is using .00037 MF and 52% residual which makes residual value $27,934.40 - By my calculations the resultant base payment should be $571.40. - With PA 9% sales/use lease tax final payment should be $622.83.
The sales mgr I'm dealing with is adding 9% sales tax to cap cost and also taxing the monthly payment - wrong, correct? Your timely response is appreciated.
Dumb question here but can you please confirm that once a sales price is determined, less any rebates, that becomes the cap cost unless any fees/etc are rolled into to the cap cost? And more importantly, there is no sales tax collected except on the total of the payments which can either be paid up front or spread out per month as part of the payment?
About to pull trigger on 36 month 15k miles for 2016 Overland V8 with:
- MSRP of $53,720 with sales price of $50,000 - Less $2500 in rebates - Final cap cost of $47,500. - Dealer is using .00037 MF and 52% residual which makes residual value $27,934.40 - By my calculations the resultant base payment should be $571.40. - With PA 9% sales/use lease tax final payment should be $622.83.
The sales mgr I'm dealing with is adding 9% sales tax to cap cost and also taxing the monthly payment - wrong, correct? Your timely response is appreciated.
Thank you.
In PA, lease tax is assessed against the monthly payment and any cash down or incentives - so, 9% of the $2500, then 9% on the calculated payment.
I was hoping to get some numbers for 24/12 and 36/12 2016 Jeep Grand Cherokee, 4x2 Laredo. I'm located in the Bay Area (specifically Foster City, CA). Thanks!
I was hoping to get some numbers for 24/12 and 36/12 2016 Jeep Grand Cherokee, 4x2 Laredo. I'm located in the Bay Area (specifically Foster City, CA). Thanks!
Comments
Thanks again for all your help.
We don't track selling prices, but you want to get a price below TMV - how much below, I can't answer.
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Thanks!
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Overland - .00037 and 54%
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Have you contacted multiple Jeep dealers to see if you are getting a consistent story?
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Trying to decide on the best value for the money. Thanks in advance.
Ltd 75th - .00089 and 55%
Limited - .00089 and 55%
Laredo 75th - .00090 and 55%
Subtract 2% for 39 months
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Summit 4x4 - .00109 and 52%
No difference in numbers for gas engine choice.
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
With your MSRP and cap cost, I get a payment of $685/mo before tax, and assuming $0 down.
We don't recommend making a down payment on a lease; that money is lost if the car is stolen or totaled.
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2015 - .00103 and 54%
Acquisition fee is charged on 2015.
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1. It's really expensive to terminate a lease early.. chances are you are highly upside down
2. The Grand Cherokee does not have good lease numbers, and are fairly expensive to lease
Combine the two, and I doubt seriously you could save any money by trading out.
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
Laredo 75th - .00090 and 55%
Limited 75th - .00089 and 55%
Add 2% for 12K
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With your prices, I get $455/mo as well.
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
Do you know if there are any deals on 2015s? Maybe they can give me a somewhat better deal. I used the lease calculator with $6500 upside down, I still save about $150 a month...
Can you give me RV and MF for 2015 if possible and 2016 with 36/12K for Altitude, High Altitude
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
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About to pull trigger on 36 month 15k miles for 2016 Overland V8 with:
- MSRP of $53,720 with sales price of $50,000
- Less $2500 in rebates
- Final cap cost of $47,500.
- Dealer is using .00037 MF and 52% residual which makes residual value $27,934.40
- By my calculations the resultant base payment should be $571.40.
- With PA 9% sales/use lease tax final payment should be $622.83.
The sales mgr I'm dealing with is adding 9% sales tax to cap cost and also taxing the monthly payment - wrong, correct? Your timely response is appreciated.
Thank you.
Edmunds Price Checker
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Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!
MODERATOR
2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
36/10 - .00090 and 58%
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
36/12 - .00087 and 55%
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4