2015 Jeep Grand Cherokee Lease Questions

tonka858

greenwell39 said:

Looking for some basic insight here on a 39 month lease. I'm seeing a lot of 2015 JGC's left on the lots and the 2016's will be rolling out any day now. Is it a dumb move to lease a 2015 given the incentives out there which bring the purchase price down, while at the same time having a lower residual (46%) which isn't good. Or do I wait for the 2016's that should have a higher residual but probably less incentives??? Also, what's up with the 39 month lease, I've always done 36 month leases?

I've been offered the following 39m lease with 10k miles a year

MSRP $50,380
Purchase Price $45,460 (residual $26,701)
Total monthly pmt $512


Thanks in advance for any help.

How much down you putting on that?

greenwell39

tonka858 said:

greenwell39 said:

Looking for some basic insight here on a 39 month lease. I'm seeing a lot of 2015 JGC's left on the lots and the 2016's will be rolling out any day now. Is it a dumb move to lease a 2015 given the incentives out there which bring the purchase price down, while at the same time having a lower residual (46%) which isn't good. Or do I wait for the 2016's that should have a higher residual but probably less incentives??? Also, what's up with the 39 month lease, I've always done 36 month leases?

I've been offered the following 39m lease with 10k miles a year

MSRP $50,380
Purchase Price $45,460 (residual $26,701)
Total monthly pmt $512


Thanks in advance for any help.

How much down you putting on that?

The purchase price actually comes out to about $42,794 which includes a $2000 trade in allowance and $2500 rebate. Not sure how they're pulling off the trade in allowance since they're actually buying out my current lease with 5 months left on it...I won't complain though.

The price is $512/month including taxes. Only the first payment is due at signing.

jsbeach209

Hi, I am looking for MF and Residual on a 2015 Summit 4x4 36 Mo. 15K per year. Thanks.

kyfdx

jsbeach209 said:

Hi, I am looking for MF and Residual on a 2015 Summit 4x4 36 Mo. 15K per year. Thanks.

.00061 MF and 45% residual

jgc2016

greenwell39 said:

tonka858 said:

greenwell39 said:

Looking for some basic insight here on a 39 month lease. I'm seeing a lot of 2015 JGC's left on the lots and the 2016's will be rolling out any day now. Is it a dumb move to lease a 2015 given the incentives out there which bring the purchase price down, while at the same time having a lower residual (46%) which isn't good. Or do I wait for the 2016's that should have a higher residual but probably less incentives??? Also, what's up with the 39 month lease, I've always done 36 month leases?

I've been offered the following 39m lease with 10k miles a year

MSRP $50,380
Purchase Price $45,460 (residual $26,701)
Total monthly pmt $512


Thanks in advance for any help.

How much down you putting on that?

The purchase price actually comes out to about $42,794 which includes a $2000 trade in allowance and $2500 rebate. Not sure how they're pulling off the trade in allowance since they're actually buying out my current lease with 5 months left on it...I won't complain though.

The price is $512/month including taxes. Only the first payment is due at signing.

Is the $2000 trade in allowance a rebate from Jeep? Or are they giving you $2000 in equity from your trade-in (was your trade-in worth $2k more than your payoff)? I have $3500 in rebates which includes your $2500 plus $1000 lease conquest. Lastly, is this through Chrysler or another bank because the residual seems high (53%).

ford4life7

MF and residual for Limted, Overland and Summit. All are 4x2 RWD. 12k/36mon Southern California.

harrytej

Wanted to lease Limited 4x2 .. COnfusing ...went to dealership to get some numbers...MSRP 34,500..final monthly payment is 438 with 3000$ downpayment...ridiculously high numbers...i have no clue as to why its so high...Asked him about the capitalized cost...he said its 31000....How much would the monthly payment be usually ? by the way Im from Texas.

kyfdx

ford4life7 said:

MF and residual for Limted, Overland and Summit. All are 4x2 RWD. 12k/36mon Southern California.

Limited: .00012 MF and 47% residual
Overland: .00022 MF and 47%
Summit: .00057 MF and 44%

kyfdx

harrytej said:

Wanted to lease Limited 4x2 .. COnfusing ...went to dealership to get some numbers...MSRP 34,500..final monthly payment is 438 with 3000$ downpayment...ridiculously high numbers...i have no clue as to why its so high...Asked him about the capitalized cost...he said its 31000....How much would the monthly payment be usually ? by the way Im from Texas.

Texas charge tax on the full selling price, even on a lease. That makes for a high lease payment.

harrytej

Texas charge tax on the full selling price, even on a lease. That makes for a high lease payment.

kyfdx said:

harrytej said:

Wanted to lease Limited 4x2 .. COnfusing ...went to dealership to get some numbers...MSRP 34,500..final monthly payment is 438 with 3000$ downpayment...ridiculously high numbers...i have no clue as to why its so high...Asked him about the capitalized cost...he said its 31000....How much would the monthly payment be usually ? by the way Im from Texas.

Texas charge tax on the full selling price, even on a lease. That makes for a high lease payment.

So 430$ plus 1000-1500$ in other states is reasonable for Limited model?

kyfdx

harrytej said:

Texas charge tax on the full selling price, even on a lease. That makes for a high lease payment.

kyfdx said:

harrytej said:

Wanted to lease Limited 4x2 .. COnfusing ...went to dealership to get some numbers...MSRP 34,500..final monthly payment is 438 with 3000$ downpayment...ridiculously high numbers...i have no clue as to why its so high...Asked him about the capitalized cost...he said its 31000....How much would the monthly payment be usually ? by the way Im from Texas.

Texas charge tax on the full selling price, even on a lease. That makes for a high lease payment.

So 430$ plus 1000-1500$ in other states is reasonable for Limited model?

I wouldn't pay that much to lease a $34,500 vehicle.

That seems like a low MSRP. Is this a Grand Cherokee?

harrytej

kyfdx said:

harrytej said:

Texas charge tax on the full selling price, even on a lease. That makes for a high lease payment.

kyfdx said:

harrytej said:

Wanted to lease Limited 4x2 .. COnfusing ...went to dealership to get some numbers...MSRP 34,500..final monthly payment is 438 with 3000$ downpayment...ridiculously high numbers...i have no clue as to why its so high...Asked him about the capitalized cost...he said its 31000....How much would the monthly payment be usually ? by the way Im from Texas.

Texas charge tax on the full selling price, even on a lease. That makes for a high lease payment.

So 430$ plus 1000-1500$ in other states is reasonable for Limited model?

I wouldn't pay that much to lease a $34,500 vehicle.

That seems like a low MSRP. Is this a Grand Cherokee?

yes.. its a 2015 grand cherokee limited 4x2

njmountaineers

Hey guys,

Could you provide MF and residuals for 2015 Grand Cherokee limited in NJ. 15k miles/39 months.

Thanks!

Michaell

njmountaineers said:

Hey guys,

Could you provide MF and residuals for 2015 Grand Cherokee limited in NJ. 15k miles/39 months.

Thanks!

.00023 and 44%, assuming 4x4.

mmroadster

Current MF & residual for a 2015 Limited 4x4? Rebates? Upstate NY. Thanks

tonka858

harrytej said:

Wanted to lease Limited 4x2 .. COnfusing ...went to dealership to get some numbers...MSRP 34,500..final monthly payment is 438 with 3000$ downpayment...ridiculously high numbers...i have no clue as to why its so high...Asked him about the capitalized cost...he said its 31000....How much would the monthly payment be usually ? by the way Im from Texas.

Way to high I'm in so cal as well, I priced a 38k msrp 4x4 got it down to 32K, Lease with approx $600 down
first months payment tags etc. 3 year 12k miles price was $418 a month(Including Tax). Was best I have been able to get.still waiting for better deal based off deals posted here.
$418 for me is just to much for a car thats 32k when I just leased a 50k MDX for $513

kyfdx

mmroadster said:

Current MF & residual for a 2015 Limited 4x4? Rebates? Upstate NY. Thanks

.00023 MF and 48% residual for 36mo, 15K/yr

tghosh

i abandoned the idea of leasing a JGC back in december, but it looks like there are some 2015s on the lots and the dealer price reduction + increase in rebates from Jeep are making this tempting

looking for curent MF and residual for California.
2015 4x4 Limited (and overland, and summit). 36 month / 12k and 15k

tghosh

tonka858 said:

harrytej said:

Wanted to lease Limited 4x2 .. COnfusing ...went to dealership to get some numbers...MSRP 34,500..final monthly payment is 438 with 3000$ downpayment...ridiculously high numbers...i have no clue as to why its so high...Asked him about the capitalized cost...he said its 31000....How much would the monthly payment be usually ? by the way Im from Texas.

Way to high I'm in so cal as well, I priced a 38k msrp 4x4 got it down to 32K, Lease with approx $600 down
first months payment tags etc. 3 year 12k miles price was $418 a month(Including Tax). Was best I have been able to get.still waiting for better deal based off deals posted here.
$418 for me is just to much for a car thats 32k when I just leased a 50k MDX for $513

it is... residuals on the jeep vs MDX are vastly different

Michaell

tghosh said:

i abandoned the idea of leasing a JGC back in december, but it looks like there are some 2015s on the lots and the dealer price reduction + increase in rebates from Jeep are making this tempting

looking for curent MF and residual for California.
2015 4x4 Limited (and overland, and summit). 36 month / 12k and 15k

36/15 numbers:
Limited - .00023 and 48%
Overland - .00004 and 46%
Summit - .00061 and 45%

tonka858

tghosh said:

tonka858 said:

harrytej said:

Wanted to lease Limited 4x2 .. COnfusing ...went to dealership to get some numbers...MSRP 34,500..final monthly payment is 438 with 3000$ downpayment...ridiculously high numbers...i have no clue as to why its so high...Asked him about the capitalized cost...he said its 31000....How much would the monthly payment be usually ? by the way Im from Texas.

Way to high I'm in so cal as well, I priced a 38k msrp 4x4 got it down to 32K, Lease with approx $600 down
first months payment tags etc. 3 year 12k miles price was $418 a month(Including Tax). Was best I have been able to get.still waiting for better deal based off deals posted here.
$418 for me is just to much for a car thats 32k when I just leased a 50k MDX for $513

it is... residuals on the jeep vs MDX are vastly different

True, I like how the jeep drives though better then the MDX, Jeep tranny seems a little better then the MDX.

I still want to lease a jeep just hoping to get one around $350 for bas3 4x4 with E package

oringsix

Looking for MF and residuals, 36/15k and 36/12k for 2015 overland in florida (not sure which details change numbers) I understand there's a 2,500 lease cash deal currently as well. Any opinions on a good target for discount over MSRP.

Thank you.

tonka858

oringsix said:

Looking for MF and residuals, 36/15k and 36/12k for 2015 overland in florida (not sure which details change numbers) I understand there's a 2,500 lease cash deal currently as well. Any opinions on a good target for discount over MSRP.

Thank you.

From following this thread for a month. I see minuim doable is 5k off on anything priced under 40k.
I have seen as high as 10k but never could get a reply asking from where, As I would have gone myself.
I think with all rebates etc. getting 7-8k should be easy. Plus 2016 coming soon so 10k on remaining 15 might be standard.
please post your deal when you get one as I'm still looking and hoping for 9-10k off

I look for dealers posting large discount on their web site, Like this one in So Cal

MSRP 47,380
$4,383
Dealer Discount
$42,997
Sale Price
$1,000
Rebate
1/17/16 10:18 AM
Price Valid For 3 Days
$41,997
Net Cost

kyfdx

oringsix said:

Looking for MF and residuals, 36/15k and 36/12k for 2015 overland in florida (not sure which details change numbers) I understand there's a 2,500 lease cash deal currently as well. Any opinions on a good target for discount over MSRP.

Thank you.

4X2 or 4X4?

oringsix

kyfdx said:

oringsix said:

Looking for MF and residuals, 36/15k and 36/12k for 2015 overland in florida (not sure which details change numbers) I understand there's a 2,500 lease cash deal currently as well. Any opinions on a good target for discount over MSRP.

Thank you.

4X2 or 4X4?

4x2, thank you.

kyfdx

oringsix said:

kyfdx said:

oringsix said:

Looking for MF and residuals, 36/15k and 36/12k for 2015 overland in florida (not sure which details change numbers) I understand there's a 2,500 lease cash deal currently as well. Any opinions on a good target for discount over MSRP.

Thank you.

4X2 or 4X4?

4x2, thank you.

.00022 MF and 45%/47% residual.

No idea on pricing, sorry.

upstatebuyer2

What's the Residual and MF for a 2015 Jeep Grand Cherokee 4x4 Altitude, 36/12 and 39/12 or 42/12. MSRP: $39,140.00
Thanks

Michaell

upstatebuyer2 said:

What's the Residual and MF for a 2015 Jeep Grand Cherokee 4x4 Altitude, 36/12 and 39/12 or 42/12. MSRP: $39,140.00
Thanks

36/12 - .00005 and 49%
39/12 - .00005 and 45%
42/12 - .00015 and 44%

tmchow

What is the MF and residual for a 2015 Grand Cherokee High Altitude vs Summit?

36 months and 12k miles vs 10k miles

in Seattle, WA

thanks in advance!

Michaell

tmchow said:

What is the MF and residual for a 2015 Grand Cherokee High Altitude vs Summit?

36 months and 12k miles vs 10k miles

in Seattle, WA

thanks in advance!

4x2 or 4x4?

tmchow

Michaell said:

tmchow said:

What is the MF and residual for a 2015 Grand Cherokee High Altitude vs Summit?

36 months and 12k miles vs 10k miles

in Seattle, WA

thanks in advance!

4x2 or 4x4?

4x4

kyfdx

tmchow said:

Michaell said:

tmchow said:

What is the MF and residual for a 2015 Grand Cherokee High Altitude vs Summit?

36 months and 12k miles vs 10k miles

in Seattle, WA

thanks in advance!

4x2 or 4x4?

4x4

HA: .00004 MF and 48%/49% residual
Summit: .00061 MF and 47%/48% residual.

tmchow

kyfdx said:

HA: .00004 MF and 48%/49% residual
Summit: .00061 MF and 47%/48% residual.

Is that a typo for the HA? 0.00004? Multiplying by 2400 that's 0.09% APR

kyfdx

tmchow said:

kyfdx said:

HA: .00004 MF and 48%/49% residual
Summit: .00061 MF and 47%/48% residual.

Is that a typo for the HA? 0.00004? Multiplying by 2400 that's 0.09% APR

No typo.

oringsix

Is the acquisition fee waived currently for 2015s? overland 4x2s, specifically?

Michaell

oringsix said:

Is the acquisition fee waived currently for 2015s? overland 4x2s, specifically?

Yes 

oringsix

Michaell said:

oringsix said:

Is the acquisition fee waived currently for 2015s? overland 4x2s, specifically?

Yes 

Salesman... I hate salesman... Lying to my face. Thanks a lot BTW. You don't happen to have residuals for the 2016 overland 4x2s 36/15k do you? I know the MF (.0003) since I noticed jeep has that on their builder.

Michaell

oringsix said:

Michaell said:

oringsix said:

Is the acquisition fee waived currently for 2015s? overland 4x2s, specifically?

Yes 

Salesman... I hate salesman... Lying to my face. Thanks a lot BTW. You don't happen to have residuals for the 2016 overland 4x2s 36/15k do you? I know the MF (.0003) since I noticed jeep has that on their builder.

Standard MF and 47% for 36/15. We think std MF is around .00200

njmountaineers

Good Morning!

36/15 and 39/15 and incentives for JGC Limited and Laredo AWD in NJ. Thank you!!

Michaell

njmountaineers said:

Good Morning!

36/15 and 39/15 and incentives for JGC Limited and Laredo AWD in NJ. Thank you!!

I'll assume 4x4

Limited - .00023 and 48% / 44%
Laredo - .00005 and 47% / 43%

Acquisition fee waived this month. $2500 lease cash

carqbuy

Do you have the RV & MF for the 2015 Gran Cherokee Limited & Overland & Summit 36/12,000?

Thank you.

Michaell

carqbuy said:

Do you have the RV & MF for the 2015 Gran Cherokee Limited & Overland & Summit 36/12,000?

Thank you.

4x2 or 4x4?

carqbuy

4x4

Michaell

carqbuy said:

Do you have the RV & MF for the 2015 Gran Cherokee Limited & Overland & Summit 36/12,000?

Thank you.

carqbuy said:

4x4

Limited - .00023 and 48%
Overland - .00004 and 46%
Summit - .00061 and 45%

tmchow

Is it possible to pay security deposits up front to lower the MF? You can do this with other manufacturers but not sure about Jeep. 

Michaell

tmchow said:

Is it possible to pay security deposits up front to lower the MF? You can do this with other manufacturers but not sure about Jeep. 

Chrysler does not offer an MSD program.

carqbuy

What are the current incentives on the 4x4 limited?

Michaell

carqbuy said:

What are the current incentives on the 4x4 limited?

Acquisition fee is waived and $2500 lease cash.

tmchow

What incentives on High Altitude or Summit 4x4?

For the $1000 lease conquest, what proof needs to be shown and does it need to be an active lease? I've read conflicting things, where some literature has said it must have been active in last 30 days. I just got rid of my last lease (transferred to someone else) a few days ago.

Michaell

tmchow said:

What incentives on High Altitude or Summit 4x4?

For the $1000 lease conquest, what proof needs to be shown and does it need to be an active lease? I've read conflicting things, where some literature has said it must have been active in last 30 days. I just got rid of my last lease (transferred to someone else) a few days ago.

So far as I know, the $2500 lease cash and waived acquisition fee are for all trim levels of the GC.