2015 Jeep Grand Cherokee Lease Questions

Michaell

geminiram said:

Thanks for your reply. I got a quote on the following:

2015 Jeep Grand Cherokee Altitude 4 x 2
36 months lease @ $399 + tax = $ 435 including tax
12,000 miles per year
Residual: $ 19,803.44
Rate Factor: 0.00075%

Drive Off: $1,850 includes 1st month payment, 1st year License/Registration Fees, taxes on the rebates & Lease Acquisition Fee.

Is this a good deal and do you have to pay taxes on the rebates?

What is the MSRP and selling price?

geminiram

Michaell said:

geminiram said:

Thanks for your reply. I got a quote on the following:

2015 Jeep Grand Cherokee Altitude 4 x 2
36 months lease @ $399 + tax = $ 435 including tax
12,000 miles per year
Residual: $ 19,803.44
Rate Factor: 0.00075%

Drive Off: $1,850 includes 1st month payment, 1st year License/Registration Fees, taxes on the rebates & Lease Acquisition Fee.

Is this a good deal and do you have to pay taxes on the rebates?

What is the MSRP and selling price?

MSRP is $38830 and net cap cost is $33k

Michaell

geminiram said:

Michaell said:

geminiram said:

Thanks for your reply. I got a quote on the following:

2015 Jeep Grand Cherokee Altitude 4 x 2
36 months lease @ $399 + tax = $ 435 including tax
12,000 miles per year
Residual: $ 19,803.44
Rate Factor: 0.00075%

Drive Off: $1,850 includes 1st month payment, 1st year License/Registration Fees, taxes on the rebates & Lease Acquisition Fee.

Is this a good deal and do you have to pay taxes on the rebates?

What is the MSRP and selling price?

MSRP is $38830 and net cap cost is $33k

I'm guessing that this lease isn't through Chrysler Capital, given the discount from sticker. If it's through Ally, for example, we won't be able to confirm any of the lease numbers as they are unavailable to us.

And yes, you owe taxes on the rebates.

kyfdx

@geminiram Tax rules may vary by state, but in general, yes.. you pay taxes on rebates

csnyder335i

What is the MF and Residual for 2015 Summit 4x4 15/36?

geminiram

If I lease from Arizona and bring it to CA, can I return it in CA? Or do I need to return it to Arizona?

kyfdx

csnyder335i said:

What is the MF and Residual for 2015 Summit 4x4 15/36?

.00090 MF and 49% residual

kyfdx

geminiram said:

If I lease from Arizona and bring it to CA, can I return it in CA? Or do I need to return it to Arizona?

You can probably return it in California. You should check on sales tax issues, if changing state of residence, on a lease.

red8ace

Can you tell me the MF and residual for Jeep Grand Cherokee Limited 4x2. 36 MO and 15k per year in the state of Georgia(Atlanta)? Are there any incentives as well. Thanks for your help

superawe

If you are pre-approved by Chrysler Capital, does a dealer know the exact MF upfront or do they have to submit your paperwork to get the actual MF back from Chrysler Capital? Thanks!

kyfdx

red8ace said:

Can you tell me the MF and residual for Jeep Grand Cherokee Limited 4x2. 36 MO and 15k per year in the state of Georgia(Atlanta)? Are there any incentives as well. Thanks for your help

.00087 MF and 51% residual.

We don't have the incentive information.

kyfdx

superawe said:

If you are pre-approved by Chrysler Capital, does a dealer know the exact MF upfront or do they have to submit your paperwork to get the actual MF back from Chrysler Capital? Thanks!

Once they know which credit tier you are in, then they already have the money factor information. I don't know if the pre-approval gives them any sort of information about that, though.

redbone55

Based on below info, what would monthly payment be? I'm in Franklin County, OH 7.5% rate:
2015 Jeep Grand Cherokee Laredo
MSRP 34,990
Discount 1550
Rebate 3500
Adjusted price 29,940
taxable fees (estimated) 18.50
Doc Fee 250
Tax 282.64
Non Tax Fee 115
Net price = 30,606.14

39 months, 12K? with zero cash down?

Thanks

kyfdx

redbone55 said:

Based on below info, what would monthly payment be? I'm in Franklin County, OH 7.5% rate:
2015 Jeep Grand Cherokee Laredo
MSRP 34,990
Discount 1550
Rebate 3500
Adjusted price 29,940
taxable fees (estimated) 18.50
Doc Fee 250
Tax 282.64
Non Tax Fee 115
Net price = 30,606.14

39 months, 12K? with zero cash down?

Thanks

.00032 MF and 49% residual

$361/mo., or about $386/mo.with tax... 1st payment due at signing.

geminiram

Hello, can I please get RV & MF for the following in CA:

Altitude 4x2
Altitude 4x4
39 months/12k

I heard 39 months is the sweet spot for leases. Is that true?

gohatters

redbone55 said:

Based on below info, what would monthly payment be? I'm in Franklin County, OH 7.5% rate:
2015 Jeep Grand Cherokee Laredo
MSRP 34,990
Discount 1550
Rebate 3500
Adjusted price 29,940
taxable fees (estimated) 18.50
Doc Fee 250
Tax 282.64
Non Tax Fee 115
Net price = 30,606.14

39 months, 12K? with zero cash down?

Thanks

Hey Redbone, do you have details on the $3,550 rebate? I'm only seeing $2,500. Thank you

kyfdx

geminiram said:

Hello, can I please get RV & MF for the following in CA:

Altitude 4x2
Altitude 4x4
39 months/12k

I heard 39 months is the sweet spot for leases. Is that true?

.00075 MF and 49% residual
.00032 MF and 49% residual

36 month residuals are 2% higher

dae928

Can you please provide the MF and residual info for Limited 4x4 36 and 39 months with 12K and 15K/ year?

Is there any lease cash available this month?

Thanks

kyfdx

dae928 said:

Can you please provide the MF and residual info for Limited 4x4 36 and 39 months with 12K and 15K/ year?

Is there any lease cash available this month?

Thanks

.00055 MF and 51% residual for 36mo, 15K/yr.

Subtract 2% for 39 months. Add 2% for 12K/yr

Don't have any incentive information.

redbone55

gohatters said:

redbone55 said:

Based on below info, what would monthly payment be? I'm in Franklin County, OH 7.5% rate:
2015 Jeep Grand Cherokee Laredo
MSRP 34,990
Discount 1550
Rebate 3500
Adjusted price 29,940
taxable fees (estimated) 18.50
Doc Fee 250
Tax 282.64
Non Tax Fee 115
Net price = 30,606.14

39 months, 12K? with zero cash down?

Thanks

Hey Redbone, do you have details on the $3,550 rebate? I'm only seeing $2,500. Thank you

redbone55

I'm don't have any details other than the dealer provided that number in the written quote that he sent me. Sorry.

redbone55

kyfdx said:

redbone55 said:

Based on below info, what would monthly payment be? I'm in Franklin County, OH 7.5% rate:
2015 Jeep Grand Cherokee Laredo
MSRP 34,990
Discount 1550
Rebate 3500
Adjusted price 29,940
taxable fees (estimated) 18.50
Doc Fee 250
Tax 282.64
Non Tax Fee 115
Net price = 30,606.14

39 months, 12K? with zero cash down?

Thanks

.00032 MF and 49% residual

$361/mo., or about $386/mo.with tax... 1st payment due at signing.

Are you able to share the calculations with me? When i plug into a different one, I'm coming up with different numbers. I must not be using the right numbers in the right places.
Thx.

kic74

Hello-

Can you please provide current MF and Residual in Ohio for:

JGC Altitude 4x4
JGC Overland 4x4

36mo / 10k miiles

Thanks

seagrave

JGC
Overland
4x4
V8

MSRP $50,885
Negotiated Price Down to $45,500 (not including tax, title nor license)

Term: 36 months
Miles: 15,000 per year

CA area (91302)

Could I get the RV and MF, please?

kyfdx

kic74 said:

Hello-

Can you please provide current MF and Residual in Ohio for:

JGC Altitude 4x4
JGC Overland 4x4

36mo / 10k miiles

Thanks

.00032 MF and 52% residual
.00039 MF and 53% residual

kyfdx

seagrave said:

JGC
Overland
4x4
V8

MSRP $50,885
Negotiated Price Down to $45,500 (not including tax, title nor license)

Term: 36 months
Miles: 15,000 per year

CA area (91302)

Could I get the RV and MF, please?

.00039 MF and 50% residual

rjmnbr

Hi, is it possible to get the current numbers on the 2015 Grand Cherokee Summit Diesel 4x4 & 4x2 (if different) for 24 and 36 month for 12k miles?

Michaell

rjmnbr said:

Hi, is it possible to get the current numbers on the 2015 Grand Cherokee Summit Diesel 4x4 & 4x2 (if different) for 24 and 36 month for 12k miles?

24/12:
4x4 - .00054 and 62%
4x2 - .00091 and 59%

36/12:
4x4 - .00090 and 53%
4x2 - .00117 and 52%

No acquisition fee this month.

asd302

Can you let me know the MF and RV for a GC Limited 4x4, 24/15 and 36/15 in PA, think I read somewhere that the 24 month MF is very low this month.

Michaell

asd302 said:

Can you let me know the MF and RV for a GC Limited 4x4, 24/15 and 36/15 in PA, think I read somewhere that the 24 month MF is very low this month.

.00004 and 59% for 24/12

.00055 and 51% for 36/12

No acquisition fee this month

cp11

Does $434/mo look right based on assumptions below? JGC Limited 36/12k. This is Ally so I know you don't have numbers. I assumed MF from earlier post.

MSRP: 43,825
Cap Cost: $40,000
Cap Cost Reduction: $4,000 (rebates)
Net Cap Cost: $36,000
Residual: 59%
Money Factor: .0025
Tax 7%

Monthly Payment: $434
Do fees get added to Net Cap Cost?

Michaell

cp11 said:

Does $434/mo look right based on assumptions below? JGC Limited 36/12k. This is Ally so I know you don't have numbers. I assumed MF from earlier post.

MSRP: 43,825
Cap Cost: $40,000
Cap Cost Reduction: $4,000 (rebates)
Net Cap Cost: $36,000
Residual: 59%
Money Factor: .0025
Tax 7%

Monthly Payment: $434
Do fees get added to Net Cap Cost?

With those numbers, I get $467/mo with tax included.

Fees can either be paid at lease signing or rolled into the cap cost; your choice.

autoal

Can anyone give me the June MF and RV for a 2015 GC Limited 4x4 for 24Mons/12K and 36Mons/12K in NY? 

Any incentives?  

Thanks

tier1op

Can someone give the MF and residual for a 2015 Overland 4x2 and Summit 4x2 36mos /12k miles. (Florida)

Also noticed a 1k rebate for competing current lease vehicles. Anyone have a link for qualifying vehicles?

Thanks.

cpaman1

Couple of questions for a GC summit 4x4 diesel:

How picky is Chrysler financial with lease returns? I have leased BMW's before and they are very liberal with lease return requirements.

What price should I shoot for before incentives in California? Is invoice less incentives reasonable?

kyfdx

autoal said:

Can anyone give me the June MF and RV for a 2015 GC Limited 4x4 for 24Mons/12K and 36Mons/12K in NY? 

Any incentives?  

Thanks

.00004 MF and 60% residual
.00055 MF and 53% residual

Acquisition fee is waived. No info on other incentives

kyfdx

tier1op said:

Can someone give the MF and residual for a 2015 Overland 4x2 and Summit 4x2 36mos /12k miles. (Florida)

Also noticed a 1k rebate for competing current lease vehicles. Anyone have a link for qualifying vehicles?

Thanks.

Overland: .00065 MF and 51% residual
Summit: .00117 MF and 50% residual

kyfdx

cpaman1 said:

Couple of questions for a GC summit 4x4 diesel:

How picky is Chrysler financial with lease returns? I have leased BMW's before and they are very liberal with lease return requirements.

What price should I shoot for before incentives in California? Is invoice less incentives reasonable?

Sorry.. don't have the answers for either of those questions.

You can build your car using the Make/Model/Year tabs at the top of the page, and get the Edmunds TMV.

jgcva

From another post, I saw that 2015 Overland 4x4 was .00039 MF and 53% residual for 36 months/10k miles. Is this correct for Virginia? Also, I am seeing $2,500 lease incentive and no acquisition fee. A dealer is offering $3,000 incentive, so there might be another $500 he is including perhaps because of Loyalty program (I am a current lessee of a Grand Cherokee). Sound right?

Michaell

jgcva said:

From another post, I saw that 2015 Overland 4x4 was .00039 MF and 53% residual for 36 months/10k miles. Is this correct for Virginia? Also, I am seeing $2,500 lease incentive and no acquisition fee. A dealer is offering $3,000 incentive, so there might be another $500 he is including perhaps because of Loyalty program (I am a current lessee of a Grand Cherokee). Sound right?

We don't have incentive information for Chrysler ...

And, the numbers we have seem to be national.

dae928

36 month 12K/ year lease quote. 0 down/ 1st payment rolled into lease

MSRP 41,939
Sale Price 38,750
Rebates $2789 + paying 1st payment and upfront taxes (711) via rebate.
Net Cap Cost 36,057
Residual 53%
Taxes 8.363%
Didn't get the money factor used.

Quote of $478; they quoted based on tier 2, but if I use tier 1(.00055) I am getting closer to $450?

kyfdx

dae928 said:

36 month 12K/ year lease quote. 0 down/ 1st payment rolled into lease

MSRP 41,939
Sale Price 38,750
Rebates $2789 + paying 1st payment and upfront taxes (711) via rebate.
Net Cap Cost 36,057
Residual 53%
Taxes 8.363%
Didn't get the money factor used.

Quote of $478; they quoted based on tier 2, but if I use tier 1(.00055) I am getting closer to $450?

Using .00055 MF, I get $416/mo.+tax.. right about $451/mo.

evilmadnez

HI
I'm looking for Rv&Mf 
For a jeep GC Altitude 
48 month 10k
And 39 month 10k
Nj/NY
Thanks

Michaell

evilmadnez said:

HI
I'm looking for Rv&Mf 
For a jeep GC Altitude 
48 month 10k
And 39 month 10k
Nj/NY
Thanks

No 48 month programs from Chrysler.

39/10 JGC Altitude 4x4 - .00032 and 50%

evilmadnez

Thanks
What about 36/10 altitude 4x4
And do you happen to know what the exact rebates for lease are

Michaell

evilmadnez said:

Thanks
What about 36/10 altitude 4x4
And do you happen to know what the exact rebates for lease are

Same MF; add 2% to the residual.

No information on lease cash.

newjeep2015

Does anyone have any information on lease rebates/incentives for the remainder of this month? Last month was $2,500 through CF.

Michaell

newjeep2015 said:

Does anyone have any information on lease rebates/incentives for the remainder of this month? Last month was $2,500 through CF.

Use the "Car Research" tab at the top of the page to link to current incentives. 

geminiram

New month, new rates. What is the MF & residual on a 2015 Altitude for 36/12 in CA for 4x2 & 4x4? Thanks!

kyfdx

geminiram said:

New month, new rates. What is the MF & residual on a 2015 Altitude for 36/12 in CA for 4x2 & 4x4? Thanks!

4X4: .00013 MF and 50% residual
4X2: .00035 MF and 49% residual