2014 Jeep Grand Cherokee Lease Questions

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  • MichaellMichaell Moderator Posts: 263,370

    kyfdx said:

    2014 Jeep Grand Cherokee Limited.

    For Los Angeles CA. .

    MSRP is $40,000.00

    3 years

    12,000 miles per year.

    $2,000.00 down

    Any ranges on what you think my payment would be?


    We would need a selling price to even guess.
    Its $38,895.00
    4x2?

    MF is .00009 and 39/12 residual is 50% (36 months not competitive this month).

    With your MSRP and selling price, the $0 down pre-tax payment is $489.79/mo for 39 months.

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  • bmwfan53bmwfan53 Member Posts: 39
    What is the MF and Residual on a 2014 JCG V8 Overland for 36 and 39 months for 15K per year in NJ and TX.
  • bmwfan53bmwfan53 Member Posts: 39
    What is the MF and Residual on a 2014 JCG V8 Overland & Summit for 36 and 39 months for 15K per year in NJ and TX.
  • MichaellMichaell Moderator Posts: 263,370
    bmwfan53 said:

    What is the MF and Residual on a 2014 JCG V8 Overland for 36 and 39 months for 15K per year in NJ and TX.

    36 month leases not competitive for Jeep.

    Overland NJ and TX - .00012 and 48% for 39/15

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  • bmwfan53bmwfan53 Member Posts: 39
    What is the MF and Residual on a 2015 JCG V8 Overland & Summit for 39 months for 15K per year in NJ and TX.
  • kyfdxkyfdx Moderator Posts: 267,160
    bmwfan53 said:

    What is the MF and Residual on a 2015 JCG V8 Overland & Summit for 39 months for 15K per year in NJ and TX.


    Overland: .00008 MF and 47% residual.
    Summit: .00017 MF and 44% residual.

    Assuming 4WD

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  • patrick23patrick23 Member Posts: 8
    edited October 2014
    Could I get the MF and residual on a 2014 JGC Limited diesel in PA for 10k and 12k/39 months? Thanks!
  • kyfdxkyfdx Moderator Posts: 267,160
    patrick23 said:

    Could I get the MF and residual on a 2014 JGC Limited diesel in PA for 10k and 12k/39 months? Thanks!

    .00020 MF and 55%/54% residual

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  • beigebeige Member Posts: 9

    Hi, wondering what the current mf and residual values are for 2014 Jeep Grand Cherokee Limited 4x4 for 12k and 15k for 39 months in NY (Westchester)? Thank you.

  • MichaellMichaell Moderator Posts: 263,370
    beige said:

    Hi, wondering what the current mf and residual values are for 2014 Jeep Grand Cherokee Limited 4x4 for 12k and 15k for 39 months in NY (Westchester)? Thank you.

    .00020 and 52% / 50%

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  • jalmontejalmonte Member Posts: 10
    What is the best term out there now? I would like a 2014 overland 4x4 10k a year is enough but if 12k is a better deal would not mind.

    can I get MF and RES values for both overland and limited with lux 2 package both 4x4 for NYC
  • MichaellMichaell Moderator Posts: 263,370
    jalmonte said:

    What is the best term out there now? I would like a 2014 overland 4x4 10k a year is enough but if 12k is a better deal would not mind.

    can I get MF and RES values for both overland and limited with lux 2 package both 4x4 for NYC

    Currently, the sweet spot for Chrysler leases for 2014 models is 39 months.

    39/12 Overland 4x4 - .00012 and 50%

    39/12 Limited 4x4 - .00020 and 52%

    Add 1% for 10K miles per year.

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  • bmwfan53bmwfan53 Member Posts: 39
    what is the Residual and MF for a 2014 JGC Overland 4x4 V8 in TX and NJ? I am being quoted 49% and .0008 for 39mo, 15k/yr
  • MichaellMichaell Moderator Posts: 263,370
    bmwfan53 said:

    what is the Residual and MF for a 2014 JGC Overland 4x4 V8 in TX and NJ? I am being quoted 49% and .0008 for 39mo, 15k/yr

    Answered in the other thread.

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  • bmac08071980bmac08071980 Member Posts: 2
    Hi, I live in Philadelphia PA and I want to lease a 2015 Grand Cherokee Altitude from a dealership across the river in New Jersey, 12k miles/year for 36 months (or 39 if it's cheaper). The sticker price is $40,930, what should I expect the final out the door price to be? With zero down can anyone tell me what I'd pay a month (and also give me the current MF and Residual rates)? Thanks!
  • kyfdxkyfdx Moderator Posts: 267,160

    Hi, I live in Philadelphia PA and I want to lease a 2015 Grand Cherokee Altitude from a dealership across the river in New Jersey, 12k miles/year for 36 months (or 39 if it's cheaper). The sticker price is $40,930, what should I expect the final out the door price to be? With zero down can anyone tell me what I'd pay a month (and also give me the current MF and Residual rates)? Thanks!


    .00052 MF and 55% residual for 36mo, 12K/yr. 53% for 39 months.

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  • bmac08071980bmac08071980 Member Posts: 2
    Is the residual based off the sticker price, MSRP or the actual final out the door price? Also, what is a good out the door price that I can expect to pay? I don't want to get taken for a ride by dealers telling me that their advertised price is as absolutely low as they can go (it's already happened once this week).
  • MichaellMichaell Moderator Posts: 263,370

    Is the residual based off the sticker price, MSRP or the actual final out the door price? Also, what is a good out the door price that I can expect to pay? I don't want to get taken for a ride by dealers telling me that their advertised price is as absolutely low as they can go (it's already happened once this week).

    Residual is based off the MSRP (bottom line of the sticker).

    Use the pricing tools at the top of the page to help determine a good target selling price. The lower you can negotiate that number, the better your payment will be.

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  • therose400therose400 Member Posts: 20
    Hello,

    Can you please give me the MF & residual in Ft. Lauderdale, FL for a 2014 Grand Cherokee Limited 12K/year for both 36 and 39 months. Thank you very much.
  • kyfdxkyfdx Moderator Posts: 267,160

    Hello,

    Can you please give me the MF & residual in Ft. Lauderdale, FL for a 2014 Grand Cherokee Limited 12K/year for both 36 and 39 months. Thank you very much.


    RWD? .00009 MF and 50% residual for 39 months... 47% for 36 months.

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  • warbernwarbern Member Posts: 73
    Could you please tell me the MF and Residual in CA for a 2014 Grand Cherokee Limited for 39/10? Is there a difference between 2 wheel drive and 4x4? Thanks you so much!
  • kyfdxkyfdx Moderator Posts: 267,160
    warbern said:

    Could you please tell me the MF and Residual in CA for a 2014 Grand Cherokee Limited for 39/10? Is there a difference between 2 wheel drive and 4x4? Thanks you so much!

    2WD: .00009 MF and 51% residual for 39 months, 10K/yr
    4X4: .00020 MF and 53% residual for 39mo, 10K/yr

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  • beigebeige Member Posts: 9
    Could you please give mf and residual rates for a 2015 Grand Cherokee Limited 4x4 for 39months/12 and 15K?

    Also, have you heard anything about mf and residual rates from Chrysler Capital changing this week (mid-month)? Do you know, in general, how often they change? Thank you!
  • beigebeige Member Posts: 9
    Oops, I should have added in NY (Westchester). Thank you.
  • beigebeige Member Posts: 9
    I just looked at the 2015 forum so please ignore my question about mf and residual rates for a 2015 JGC. But could you please answer about Chrysler numbers changing and frequency? Thank you.
  • kyfdxkyfdx Moderator Posts: 267,160
    beige said:

    I just looked at the 2015 forum so please ignore my question about mf and residual rates for a 2015 JGC. But could you please answer about Chrysler numbers changing and frequency? Thank you.


    The current numbers are scheduled to run through November 3rd. Occasionally, mid-month specials are added, but that's pretty rare.. and, we probably wouldn't hear about them.

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  • elliemaejelliemaej Member Posts: 79
    hi, looking for money factor and residuals for a leftowver grand cherokee limited 4x4 in southern connecticut - please provide 36 and 39 months and 10k or 12k mileage.

    Thanks
    Ellen
  • MichaellMichaell Moderator Posts: 263,370
    elliemaej said:

    hi, looking for money factor and residuals for a leftowver grand cherokee limited 4x4 in southern connecticut - please provide 36 and 39 months and 10k or 12k mileage.

    Thanks
    Ellen

    39/12 - .00020 and 52%. Add 1% for 10K

    36 month numbers not competitive this month.

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  • elliemaejelliemaej Member Posts: 79
    edited October 2014
    Michaell said:

    elliemaej said:

    hi, looking for money factor and residuals for a leftowver grand cherokee limited 4x4 in southern connecticut - please provide 36 and 39 months and 10k or 12k mileage.

    Thanks
    Ellen

    39/12 - .00020 and 52%. Add 1% for 10K

    36 month numbers not competitive this month.
    Thank you for the quick response. Are the numbers similar for similarly equipped 2015s? Also, in another thread you mention 27 months are also attractive, can you give me the numbers for 2014?
  • rsamerica1rsamerica1 Member Posts: 71
    Hello - looking for Residual and MF for 2015 Limited 4x4 in Pennsylvania please for 36 or 39 month 12 and 15K miles please. Thanks.
  • kyfdxkyfdx Moderator Posts: 267,160

    Hello - looking for Residual and MF for 2015 Limited 4x4 in Pennsylvania please for 36 or 39 month 12 and 15K miles please. Thanks.


    .00018 MF. 36 month residuals are 53%/51%.. Subtract 2% for 39 months.

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  • elliemaejelliemaej Member Posts: 79
    HI, not sure if my prior message was seen. Can someone tell me if the 27 month numbers for a Limited 4x4 in Ct are competitive with the 39 months ones. I prefer to stay under 36 months.
  • MichaellMichaell Moderator Posts: 263,370
    elliemaej said:

    HI, not sure if my prior message was seen. Can someone tell me if the 27 month numbers for a Limited 4x4 in Ct are competitive with the 39 months ones. I prefer to stay under 36 months.

    Limited 4x4 27/15 - .00012 and 61%. Add 1% for 12K and 2% for 10K.

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  • beigebeige Member Posts: 9
    Hi, I was told by a dealer in NY (Westchester) that if I want to capitalize the taxes on a 2014 JGC Limited, rather than paying them at lease signing, there would be an additional surcharge added on to the taxes before they are capitalized. Dealer claims NYS requires this. Does this sound legitimate?

    Also, if I am contemplating a 15k/39 month lease should I be concerned that the full warranty on a JGC only runs 3 years/36000 miles?

    Thank you for your help.
  • MichaellMichaell Moderator Posts: 263,370
    beige said:

    Hi, I was told by a dealer in NY (Westchester) that if I want to capitalize the taxes on a 2014 JGC Limited, rather than paying them at lease signing, there would be an additional surcharge added on to the taxes before they are capitalized. Dealer claims NYS requires this. Does this sound legitimate?

    Also, if I am contemplating a 15k/39 month lease should I be concerned that the full warranty on a JGC only runs 3 years/36000 miles?

    Thank you for your help.

    I don't quite understand what they mean by "surcharge". If you roll the taxes into the cap cost, then they are subject to the MF (that is, interest is calculated on the taxes as well) - perhaps this is what they meant.

    And yes, the last three months of a 39 month lease would fall outside the warranty, meaning you would be responsible for any repairs.

    And, you would have to pay for another year of registration.

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  • beigebeige Member Posts: 9
    Also, I'm being told the purchase option at the end for a 2014 JGC Limited would be about $500 more than the residual value. Is this legitimate or common practice for Jeep? I previously leased a Toyota and the purchase option was the same as the residual value.
  • beigebeige Member Posts: 9
    Michaell said:

    beige said:

    Hi, I was told by a dealer in NY (Westchester) that if I want to capitalize the taxes on a 2014 JGC Limited, rather than paying them at lease signing, there would be an additional surcharge added on to the taxes before they are capitalized. Dealer claims NYS requires this. Does this sound legitimate?

    Also, if I am contemplating a 15k/39 month lease should I be concerned that the full warranty on a JGC only runs 3 years/36000 miles?

    Thank you for your help.

    I don't quite understand what they mean by "surcharge". If you roll the taxes into the cap cost, then they are subject to the MF (that is, interest is calculated on the taxes as well) - perhaps this is what they meant.

    And yes, the last three months of a 39 month lease would fall outside the warranty, meaning you would be responsible for any repairs.

    And, you would have to pay for another year of registration.

    Thank you. What the dealer actually said was they apply a "tax factor" to the taxes--so for example, taxes are $1552 but if I want to capitalize them they add $1686 (=$1552 plus tax factor amount) to the capitalized cost and then apply the MF. Have you heard of this or is this another way for dealer to capture profit?
  • MichaellMichaell Moderator Posts: 263,370
    beige said:

    Michaell said:

    beige said:

    Hi, I was told by a dealer in NY (Westchester) that if I want to capitalize the taxes on a 2014 JGC Limited, rather than paying them at lease signing, there would be an additional surcharge added on to the taxes before they are capitalized. Dealer claims NYS requires this. Does this sound legitimate?

    Also, if I am contemplating a 15k/39 month lease should I be concerned that the full warranty on a JGC only runs 3 years/36000 miles?

    Thank you for your help.

    I don't quite understand what they mean by "surcharge". If you roll the taxes into the cap cost, then they are subject to the MF (that is, interest is calculated on the taxes as well) - perhaps this is what they meant.

    And yes, the last three months of a 39 month lease would fall outside the warranty, meaning you would be responsible for any repairs.

    And, you would have to pay for another year of registration.

    Thank you. What the dealer actually said was they apply a "tax factor" to the taxes--so for example, taxes are $1552 but if I want to capitalize them they add $1686 (=$1552 plus tax factor amount) to the capitalized cost and then apply the MF. Have you heard of this or is this another way for dealer to capture profit?
    I would check with a second Jeep dealer to see if they give you the same story.

    I don't know why the purchase price would be $500 more than the residual value - again, check with a second dealer to see if you get a consistent story.

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  • rrcl83rrcl83 Member Posts: 3
    Can someone help me out with MF and RES values for both 2014 and 2015 Overland and 2014 and 2015 Limited with Lux II package both 4x4 with 12K 36 and 39 months for NYC

    Thanks
  • MichaellMichaell Moderator Posts: 263,370
    rrcl83 said:

    Can someone help me out with MF and RES values for both 2014 and 2015 Overland and 2014 and 2015 Limited with Lux II package both 4x4 with 12K 36 and 39 months for NYC

    Thanks

    2015 Overland - .00008 and 51% / 49% for 36/39 months

    2015 Limited - .00018 and 53% / 51%

    2014 Overland - .00012 and 45% / 50% (39 month terms are way better this month)

    2014 Limited - .00020 and 48% / 52%

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  • cnickumcnickum Member Posts: 4
    Hello:

    Looking to lease either a 2014 or 2015 JGC Altitude, 4x4. Can I get the MF/Residual for both years, 36/12 and 39/12? Atlanta GA region.

    Thanks. You guys rock!
  • MichaellMichaell Moderator Posts: 263,370
    cnickum said:

    Hello:

    Looking to lease either a 2014 or 2015 JGC Altitude, 4x4. Can I get the MF/Residual for both years, 36/12 and 39/12? Atlanta GA region.

    Thanks. You guys rock!

    2015 - .00052 and 55% for 36/12

    2014 - .00016 and 52% for 39/12

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  • nsull410nsull410 Member Posts: 13
    Could you provide MF and Res for a 36 and 39 m lease with 12k miles/year for the 2014 JGC 4x4 Limited with the diesel in the Northeast.

    Thanks.
  • MichaellMichaell Moderator Posts: 263,370
    nsull410 said:

    Could you provide MF and Res for a 36 and 39 m lease with 12k miles/year for the 2014 JGC 4x4 Limited with the diesel in the Northeast.

    Thanks.

    .00020 and 54% for 39 months, 12K.

    36 month leases not competitive this month.

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  • natedog07vnatedog07v Member Posts: 8
    Good evening.. looking for the October and November MF/Residual rates for a base 2014 JGC Limited 4x4 in Virginia for 36/10 and 39/10. Thanks in advance for your time !
  • kyfdxkyfdx Moderator Posts: 267,160

    Good evening.. looking for the October and November MF/Residual rates for a base 2014 JGC Limited 4x4 in Virginia for 36/10 and 39/10. Thanks in advance for your time !


    .00020 MF and 53% residual for 39mo, 10K/yr.

    Numbers are good through November 3rd.

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  • gamegeek27gamegeek27 Member Posts: 3
    Looking at a 36 mo/12k mi lease in Texas for a 2014 or 2015 JGC Summit 4x2 or 4x4. What MF and residual value should I be looking at. 

    Also, does V6 or V8 make a difference?

    thanks!
  • kyfdxkyfdx Moderator Posts: 267,160

    Looking at a 36 mo/12k mi lease in Texas for a 2014 or 2015 JGC Summit 4x2 or 4x4. What MF and residual value should I be looking at. 

    Also, does V6 or V8 make a difference?

    thanks!


    2015 4X4: .00017 MF and 46% residual for 39mo, 12K/yr
    2015 4X2: .00060 MF and 46% residual for 39mo, 12K/yr

    2014 4X4: .00012 MF and 46% residual for 39mo, 12K/yr
    2014 4X2: .00017 MF and 44% residual for 39mo, 12K/yr

    V6 or V8 makes no difference, but diesel does..

    39 month quoted.. 2015 has decent 36 month residuals, but 2014 is only good for 39 months.

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  • gamegeek27gamegeek27 Member Posts: 3
    kyfdx said:
    Looking at a 36 mo/12k mi lease in Texas for a 2014 or 2015 JGC Summit 4x2 or 4x4. What MF and residual value should I be looking at. 

    Also, does V6 or V8 make a difference?

    thanks!
    2015 4X4: .00017 MF and 46% residual for 39mo, 12K/yr 2015 4X2: .00060 MF and 46% residual for 39mo, 12K/yr 2014 4X4: .00012 MF and 46% residual for 39mo, 12K/yr 2014 4X2: .00017 MF and 44% residual for 39mo, 12K/yr V6 or V8 makes no difference, but diesel does.. 39 month quoted.. 2015 has decent 36 month residuals, but 2014 is only good for 39 months.
    Thanks for this. What change will diesel make on 2014 4x4 Summit?
  • kyfdxkyfdx Moderator Posts: 267,160


    kyfdx said:

    Looking at a 36 mo/12k mi lease in Texas for a 2014 or 2015 JGC Summit 4x2 or 4x4. What MF and residual value should I be looking at. 

    Also, does V6 or V8 make a difference?

    thanks!


    2015 4X4: .00017 MF and 46% residual for 39mo, 12K/yr
    2015 4X2: .00060 MF and 46% residual for 39mo, 12K/yr

    2014 4X4: .00012 MF and 46% residual for 39mo, 12K/yr
    2014 4X2: .00017 MF and 44% residual for 39mo, 12K/yr

    V6 or V8 makes no difference, but diesel does..

    39 month quoted.. 2015 has decent 36 month residuals, but 2014 is only good for 39 months.

    Thanks for this. What change will diesel make on 2014 4x4 Summit?


    Residual is 2% higher for the diesel

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