2014 Jeep Cherokee Lease Questions

steverstever Guest Posts: 52,457
edited May 2015 in Jeep

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  • mynameisjeepmynameisjeep Member Posts: 5
    edited February 2014

    kyfdx, are you still around?

    Looking for Feb residual and money factor for the following:

    2014 JC Latitude 4x4 v6 (winter weather, convenience package)

    12k miles per year; 36 and 39 month figures please. MA region (Northern). 01930 zip

    Thank you very much.

  • mynameisjeepmynameisjeep Member Posts: 5

    Stever can you help?

  • kyfdxkyfdx Moderator Posts: 197,761

    @mynameisjeep said:
    kyfdx, are you still around?

    Looking for Feb residual and money factor for the following:

    2014 JC Latitude 4x4 v6 (winter weather, convenience package)

    12k miles per year; 36 and 39 month figures please. MA region (Northern). 01930 zip

    Thank you very much.

    .00032 MF and 52% residual for 36mo, 15K/yr lease. Subtract 2% for 39 month term.

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  • mynameisjeepmynameisjeep Member Posts: 5

    How much should I expect off of the MSRP when leasing???

  • mynameisjeepmynameisjeep Member Posts: 5

    and thank you for the prior information

  • kyfdxkyfdx Moderator Posts: 197,761

    @mynameisjeep said:
    How much should I expect off of the MSRP when leasing???

    Negotiating the purchase price is the same as if you are buying..

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  • bruceb73bruceb73 Member Posts: 8

    Would you please tell me the residual % and MF for a 2014 Cherokee Limited in the mid-atlantic (south jersey) region? Very high credit score. My dealer quoted 54% and .000119. Thank you.

  • kyfdxkyfdx Moderator Posts: 197,761

    @bruceb73 said:
    Would you please tell me the residual % and MF for a 2014 Cherokee Limited in the mid-atlantic (south jersey) region? Very high credit score. My dealer quoted 54% and .000119. Thank you.

    2WD: .00019 MF and 54% for 36mo, 12K/yr

    4WD: .00007 MF and 55% for 36mo, 12K/yr

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  • bruceb73bruceb73 Member Posts: 8

    Thanks. I'm sorry, I meant to ask about 15k miles per year. That's what the dealer quoted for.

  • kyfdxkyfdx Moderator Posts: 197,761

    @bruceb73 said:
    Thanks. I'm sorry, I meant to ask about 15k miles per year. That's what the dealer quoted for.

    Subtract 2% to go from 12K/yr to 15K/yr.

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  • kristy999kristy999 Member Posts: 2

    I am looking for the march residual and money factor for a Cherokee sport 4x4. These dealers have me so confused with pricing.

  • kristy999kristy999 Member Posts: 2

    I forgot to add its for. 36 yr/12k lease

  • kyfdxkyfdx Moderator Posts: 197,761
    edited March 2014

    @kristy999 said:
    I am looking for the march residual and money factor for a Cherokee sport 4x4. These dealers have me so confused with pricing.

    .00019 MF and 56% residual for 36mo, 12K/yr lease

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  • colt311colt311 Member Posts: 17

    Hi I am looking for the March Residual & money factor on Cherokee Limited 2WD

  • colt311colt311 Member Posts: 17

    I forgot to mention very high credit score for the Cherokee Limited 2WD March residual & money factor - thank you closing the deal tomorrow if all works out

  • MichaellMichaell ColoradoModerator Posts: 193,172

    @colt311 said:
    I forgot to mention very high credit score for the Cherokee Limited 2WD March residual & money factor - thank you closing the deal tomorrow if all works out

    What lease term length and miles per year are you looking for?

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  • colt311colt311 Member Posts: 17

    @[email protected] What lease term length and miles per year are you looking for? 36 month/12,0000 miles

  • MichaellMichaell ColoradoModerator Posts: 193,172

    @colt311 said:
    [email protected] What lease term length and miles per year are you looking for? 36 month/12,0000 miles

    Cherokee Limited 2WD 36/12 - .00012 and 55%

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  • adrenaline777adrenaline777 Member Posts: 5
    edited April 2014

    Hi im looking for the april residual & money factor for a Cherokee Limited 4x4 36months 15k/yr excellent credit, loaded MSRP 38K thanks!

  • kyfdxkyfdx Moderator Posts: 197,761

    @adrenaline777 said:
    Hi im looking for the april residual & money factor for a Cherokee Limited 4x4 36months 15k/yr excellent credit, loaded MSRP 38K thanks!

    .00016 MF and 52% residual

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  • kevhollywood1kevhollywood1 Member Posts: 11

    Hi. What are current lease terms for Jeep Cherokee Limited 4X4 at 12K miles/year for 24 and 36 month terms? Thanks you.

  • MichaellMichaell ColoradoModerator Posts: 193,172

    @kevhollywood1 said:
    Hi. What are current lease terms for Jeep Cherokee Limited 4X4 at 12K miles/year for 24 and 36 month terms? Thanks you.

    24/12K - .00008 and 64%

    36/12K - .00016 and 54%

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  • gettinscrewedgettinscrewed Member Posts: 2

    Looking for the residual and MF for 36mo., 10k/yr on 2014 Cherokee Latidude, 4x4, w/ Cold Weather Group in Philadelphia, PA? Thanks.

  • MichaellMichaell ColoradoModerator Posts: 193,172

    I answered your question in the other discussion - add 3% to the residual for 10K miles per year.

    @gettinscrewed said:
    Looking for the residual and MF for 36mo., 10k/yr on 2014 Cherokee Latidude, 4x4, w/ Cold Weather Group in Philadelphia, PA? Thanks.

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  • the311hivethe311hive Member Posts: 1

    Hi, new here. Looking to get a 2014 Cherokee Trailhawk with the V6. Can you tell me what the MF and Residual is for a 12k miles/year and 36 month lease? Area is Provo, UT with high credit. Thanks.

  • MichaellMichaell ColoradoModerator Posts: 193,172

    @the311hive said:
    Hi, new here. Looking to get a 2014 Cherokee Trailhawk with the V6. Can you tell me what the MF and Residual is for a 12k miles/year and 36 month lease? Area is Provo, UT with high credit. Thanks.

    .00024 MF and 54% residual.

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  • m_j_flm_j_fl Member Posts: 13

    Hi. Do you have the numbers for May yet? 12k/36mo lease on a Cherokee Limited in FL. Thanks!

  • kyfdxkyfdx Moderator Posts: 197,761

    Not yet.. hopefully, soon.

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  • mgkaganmgkagan Member Posts: 10

    Please post the residual and MF for a jeep cherokee limited v6 AWD 12kmiles, 36months. Thanks

  • MichaellMichaell ColoradoModerator Posts: 193,172

    @mgkagan said:
    Please post the residual and MF for a jeep cherokee limited v6 AWD 12kmiles, 36months. Thanks

    We are still waiting for the jeep numbers. Thanks for your patience.

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  • mgkaganmgkagan Member Posts: 10

    @[email protected] said:
    We are still waiting for the jeep numbers. Thanks for your patience.

    Any update?

  • kyfdxkyfdx Moderator Posts: 197,761

    @mgkagan said:
    Please post the residual and MF for a jeep cherokee limited v6 AWD 12kmiles, 36months. Thanks

    .00016 MF and 54% residual

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  • denlemdenlem Member Posts: 5

    I'm interested in numbers for a Jeep Cherokee Trailhawk. 10K miles, 36 months. Thanks.

  • kyfdxkyfdx Moderator Posts: 197,761

    @denlem said:
    I'm interested in numbers for a Jeep Cherokee Trailhawk. 10K miles, 36 months. Thanks.

    .00006 MF and 54% residual

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  • morepower60morepower60 Member Posts: 1
    edited May 2014

    Hi, looking for the residual and money factor for a 2014 Cherokee 4x2 Altitude (MSRP 33,055)
    12k/yr. 36mo excellent credit in CA Thanks

  • kyfdxkyfdx Moderator Posts: 197,761

    @morepower60 said:
    Hi, looking for the residual and money factor for a 2014 Cherokee 4x2 Altitude (MSRP 33,055)
    12k/yr. 36mo excellent credit in CA Thanks

    .00017 MF and 54% residual.

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  • jfhouchensjfhouchens Member Posts: 8

    Want to confirm a lease on a Trailhawk. Dealer said the price for purchase had incentives they couldn't use for a lease. I'm hoping that isn't true. Also, they provided a MF of .00006 and Residual of 55. Northern VA area. Thanks!

  • kyfdxkyfdx Moderator Posts: 197,761

    You don't give term or mileage allowance for your figures, though I do show .00006 MF for 36 month leases.

    It's entirely possible that there are purchase incentives that don't apply to leasing.

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  • MichaellMichaell ColoradoModerator Posts: 193,172

    @jfhouchens said:
    Want to confirm a lease on a Trailhawk. Dealer said the price for purchase had incentives they couldn't use for a lease. I'm hoping that isn't true. Also, they provided a MF of .00006 and Residual of 55. Northern VA area. Thanks!

    I confirm the MF of .00006.

    The residual 56% is for 27 months, 15K miles per year.

    Check with your dealer to confirm this is a Chrysler Capital lease.

    And yes, it is true that purchase incentives are not always available for leases.

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  • jfhouchensjfhouchens Member Posts: 8

    @[email protected] said:
    You don't give term or mileage allowance for your figures, though I do show .00006 MF for 36 month leases.

    It's entirely possible that there are purchase incentives that don't apply to leasing.

    Sorry - 36 month lease, 12k miles a year. Thanks for your help!

  • kyfdxkyfdx Moderator Posts: 197,761

    @jfhouchens said:
    Sorry - 36 month lease, 12k miles a year. Thanks for your help!

    .00006 MF and 53% for 36mo, 12K/yr. for the TrailHawk model.

    Those numbers are for Chrysler Finance

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  • adrenaline777adrenaline777 Member Posts: 5

    Hi im looking for the May residual & money factor for a Cherokee Limited 4x4 36months 12k/yr excellent credit, loaded MSRP 38K thanks!

  • MichaellMichaell ColoradoModerator Posts: 193,172

    @adrenaline777 said:
    Hi im looking for the May residual & money factor for a Cherokee Limited 4x4 36months 12k/yr excellent credit, loaded MSRP 38K thanks!

    .00016 and 54%

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  • legend7legend7 Member Posts: 9
    edited June 2014

    Came very close to making a lease deal on a 2014 Cherokee Limited 4x4 on 5-31-14 in Colorado. MSRP $38,890, Cap $36,170, Residual $23,439, $6k down. Payments seemed wayyy too high still at $375/month. I think dealer decided they'd pass on making much money on the car and went after making money on the lease. Residual seems oddly high too. Still, we think we want the Cherokee so may try again.

  • csp06csp06 Member Posts: 29

    Are the June rates out yet for the Cherokee?

  • kyfdxkyfdx Moderator Posts: 197,761

    @csp06 said:
    Are the June rates out yet for the Cherokee?

    Yes... model, trim, term and mileage allowance?

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  • csp06csp06 Member Posts: 29

    @kyfdx said: Yes... model, trim, term and mileage allowance?

    4x4 Limited, 36 months /12k miles

    Thanks

  • kyfdxkyfdx Moderator Posts: 197,761

    @csp06 said:

    4x4 Limited, 36 months /12k miles

    Thanks

    .00016 MF and 54% residual

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  • olliesam3olliesam3 Member Posts: 46

    Hello - by any chance do you know the numbers issued by Hann Financial? The dealer by me in NY told me the MF for Hann was 0.0013, which seems pretty high. However, they are offering $3,800 in rebates. They also told me that the Chrysler rate was 0.00036, which looks like they were marking that up, so I am assuming they are marking up the other MF as well. This is for a 4x4 limited model.

  • MichaellMichaell ColoradoModerator Posts: 193,172

    @olliesam3 said:
    Hello - by any chance do you know the numbers issued by Hann Financial? The dealer by me in NY told me the MF for Hann was 0.0013, which seems pretty high. However, they are offering $3,800 in rebates. They also told me that the Chrysler rate was 0.00036, which looks like they were marking that up, so I am assuming they are marking up the other MF as well. This is for a 4x4 limited model.

    The only numbers we have access to are those from Chrysler Financial.

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