2015 Jeep Grand Cherokee Lease Questions

oringsix

Someone please help explain something!

44,985 MSRP
40,267 Sale price
37,767 -2500 rebate

37,767 Cap cost
20,243.25 Residual (45%)

486.77 depreciation (cap - residual/36)
12.76 finance (cap + residual * .00022 MF)
= 499.53 + all tax fees etc


However, Chrysler calculates this as 531 a month, what gives? And this is with everything else as an inception charge no fees should be in the lease.

Michaell

oringsix said:

Someone please help explain something! 44,985 MSRP 40,267 Sale price 37,767 -2500 rebate 37,767 Cap cost 20,243.25 Residual (45%) 486.77 depreciation (cap - residual/36) 12.76 finance (cap + residual * .00022 MF) = 499.53 + all tax fees etc However, Chrysler calculates this as 531 a month, what gives? And this is with everything else as an inception charge no fees should be in the lease.

Find out what the net cap cost is. Probably higher than the selling price less incentive. 

oringsix

Michaell said:

oringsix said:

Someone please help explain something!

44,985 MSRP
40,267 Sale price
37,767 -2500 rebate

37,767 Cap cost
20,243.25 Residual (45%)

486.77 depreciation (cap - residual/36)
12.76 finance (cap + residual * .00022 MF)
= 499.53 + all tax fees etc


However, Chrysler calculates this as 531 a month, what gives? And this is with everything else as an inception charge no fees should be in the lease.

Find out what the net cap cost is. Probably higher than the selling price less incentive. 

I'm waiting for a copy of the disclosure from the dealer, but the net cap should be the selling price minus rebate, all fees were stipulated to be paid at inception.

If you use jeeps online calculator with these numbers, including that net cap at this value, it also calculates it as 531, it makes no sense.

kyfdx

oringsix said:

Michaell said:

oringsix said:

Someone please help explain something!

44,985 MSRP
40,267 Sale price
37,767 -2500 rebate

37,767 Cap cost
20,243.25 Residual (45%)

486.77 depreciation (cap - residual/36)
12.76 finance (cap + residual * .00022 MF)
= 499.53 + all tax fees etc


However, Chrysler calculates this as 531 a month, what gives? And this is with everything else as an inception charge no fees should be in the lease.

Find out what the net cap cost is. Probably higher than the selling price less incentive. 

I'm waiting for a copy of the disclosure from the dealer, but the net cap should be the selling price minus rebate, all fees were stipulated to be paid at inception.

If you use jeeps online calculator with these numbers, including that net cap at this value, it also calculates it as 531, it makes no sense.



We don't have any way of knowing what assumptions their lease calculator makes, as far as adding in acquistion fees or marking up the money factor. Lease calculators on manufacturer websites are generally useless.

oringsix

kyfdx said:

We don't have any way of knowing what assumptions their lease calculator makes, as far as adding in acquistion fees or marking up the money factor. Lease calculators on manufacturer websites are generally useless.

Well the MF is definitely .00022 it's displayed on a page not shown there. And the capitalized cost is right there and correct. The only thing that could effect it at that point is the actual residual amount which is not displayed but definitely 45%.

But I'm not crazy correct? The numbers I posted should be right assuming the net cap, residual, and money factor are as stated and all else is due at signing?

Michaell

oringsix said:

kyfdx said:

We don't have any way of knowing what assumptions their lease calculator makes, as far as adding in acquistion fees or marking up the money factor. Lease calculators on manufacturer websites are generally useless.

Well the MF is definitely .00022 it's displayed on a page not shown there. And the capitalized cost is right there and correct. The only thing that could effect it at that point is the actual residual amount which is not displayed but definitely 45%.

But I'm not crazy correct? The numbers I posted should be right assuming the net cap, residual, and money factor are as stated and all else is due at signing?

Using your numbers, my home built lease calculator also gives $499.53.

The only two variables in a lease calculation are the net cap cost and the MF. The residual is set by the bank and cannot be modified by the dealer, and the MSRP is determined by the manufacturer.

So, if we're in agreement that the MF is indeed .00022, the only variable left is the net cap cost.

It's our position that the on-line calculator is adding something to the cap cost that you don't know about - roughly $1150 worth ($32 delta * 36 months).

You're going to have to talk to the dealer to sort this out.

oringsix

Michaell said:

Using your numbers, my home built lease calculator also gives $499.53.

The only two variables in a lease calculation are the net cap cost and the MF. The residual is set by the bank and cannot be modified by the dealer, and the MSRP is determined by the manufacturer.

So, if we're in agreement that the MF is indeed .00022, the only variable left is the net cap cost.

It's our position that the on-line calculator is adding something to the cap cost that you don't know about - roughly $1150 worth ($32 delta * 36 months).

You're going to have to talk to the dealer to sort this out.

Yea I came to the same conclusion on that much being a ghost in there somewhere. I know the residual is set by leasing company, I just meant it wasn't displayed (online at lease) so there was no way to confirm.

trp3383

Looking for numbers on a 2015 limited GC 10k and 12k/36 month mf and residual. thanks

Michaell

trp3383 said:

Looking for numbers on a 2015 limited GC 10k and 12k/36 month mf and residual. thanks

.00023 and 48% for 36/12. Add 1% for 10K

shooter_11

Finalizing a deal on a '15 JGC Ltd with luxury II package. 45,010 msrp. 15k miles, 36 months, 2k out of pocket (1st month and fees). $499 per month. Seems like a good deal, but curious what others think. Supplier discount and conquest cash included.

Michaell

shooter_11 said:

Finalizing a deal on a '15 JGC Ltd with luxury II package. 45,010 msrp. 15k miles, 36 months, 2k out of pocket (1st month and fees). $499 per month. Seems like a good deal, but curious what others think. Supplier discount and conquest cash included.

What is the net cap cost?

shooter_11

Not certain, but think it's approx. $38,231

kyfdx

Michaell said:

shooter_11 said:

Finalizing a deal on a '15 JGC Ltd with luxury II package. 45,010 msrp. 15k miles, 36 months, 2k out of pocket (1st month and fees). $499 per month. Seems like a good deal, but curious what others think. Supplier discount and conquest cash included.

What is the net cap cost?

shooter_11 said:

Not certain, but think it's approx. $38,231

If its 4X4, .00023 MF and 48% residual.

With that MSRP and CAP cost, $475/mo.+tax.

If the charges within the $2000 due at signing add up, then it looks like a good deal, assuming you are happy with the selling price.

tmchow

kyfdx said:

Michaell said:

shooter_11 said:

Finalizing a deal on a '15 JGC Ltd with luxury II package. 45,010 msrp. 15k miles, 36 months, 2k out of pocket (1st month and fees). $499 per month. Seems like a good deal, but curious what others think. Supplier discount and conquest cash included.

What is the net cap cost?

shooter_11 said:

Not certain, but think it's approx. $38,231

If its 4X4, .00023 MF and 48% residual.

With that MSRP and CAP cost, $475/mo.+tax.

If the charges within the $2000 due at signing add up, then it looks like a good deal, assuming you are happy with the selling price.

Why is a 2015 JGC Limited 4x4 have a higher MF (0x00023) compared to the High Altitude which is a higher edition? (previously stated MF was 0x00004). Just a promotion on High Altitude?

Michaell

tmchow said:

Finalizing a deal on a '15 JGC Ltd with luxury II package. 45,010 msrp. 15k miles, 36 months, 2k out of pocket (1st month and fees). $499 per month. Seems like a good deal, but curious what others think. Supplier discount and conquest cash included.

What is the net cap cost?

Not certain, but think it's approx. $38,231

If its 4X4, .00023 MF and 48% residual. With that MSRP and CAP cost, $475/mo.+tax. If the charges within the $2000 due at signing add up, then it looks like a good deal, assuming you are happy with the selling price.

Why is a 2015 JGC Limited 4x4 have a higher MF (0x00023) compared to the High Altitude which is a higher edition? (previously stated MF was 0x00004). Just a promotion on High Altitude?

That's probably it. Trying to clear inventory. 

tonyp1217

got this quote on a 2015 grand cherokee laredo 23e package. in ny. not sure what MF or RV they used.

how do these numbers look?

tmchow

Dealer mentioned that going 39 months vs. 36 months might be a better decision. What's the different in MF and Residual? Why would one do the extra 3 months?

kyfdx

tonyp1217 said:

got this quote on a 2015 grand cherokee laredo 23e package. in ny. not sure what MF or RV they used.

how do these numbers look?

On the plus side, they are giving you the selling price. But, the rest of the numbers are for purchase. Do you get $3000 rebate on a lease? (maybe) Is the tax $2759 on a lease? (no).

.00005 MF and 49% residual for 36/12.

kyfdx

tmchow said:

Dealer mentioned that going 39 months vs. 36 months might be a better decision. What's the different in MF and Residual? Why would one do the extra 3 months?

Chrysler Capital residuals are 4% lower on this model for 39 months. Same money factor. If using Chrysler Capital, the 39 month lease payment would likely be higher.

tmchow

@kyfdx, question for you (or frankly anyone else that might know). 

Dealer just got back to me telling me these MF and residuals for the 2015 High Altitude 4x4 in Seattle, WA at 10k miles per year:

RV         Term    MF

49%       36m     .00082

46%       39m     .00082

45%       42m     .00058  

The MF are no where near what was reported earlier in the thread (36m at 0.00004). Sales guy said he's pulling directly off Chrysler website he has access to and not marking up. 

What's going on?

tonyp1217

kyfdx said:

tonyp1217 said:

got this quote on a 2015 grand cherokee laredo 23e package. in ny. not sure what MF or RV they used.

how do these numbers look?

On the plus side, they are giving you the selling price. But, the rest of the numbers are for purchase. Do you get $3000 rebate on a lease? (maybe) Is the tax $2759 on a lease? (no).

.00005 MF and 49% residual for 36/12.

what would the tax be if not 2759?

Michaell

tonyp1217 said:

kyfdx said:

tonyp1217 said:

got this quote on a 2015 grand cherokee laredo 23e package. in ny. not sure what MF or RV they used.

how do these numbers look?

On the plus side, they are giving you the selling price. But, the rest of the numbers are for purchase. Do you get $3000 rebate on a lease? (maybe) Is the tax $2759 on a lease? (no).

.00005 MF and 49% residual for 36/12.

what would the tax be if not 2759?

What state is this? Tax obligations for leases vary.

Michaell

tmchow said:

@kyfdx, question for you (or frankly anyone else that might know). 

Dealer just got back to me telling me these MF and residuals for the 2015 High Altitude 4x4 in Seattle, WA at 10k miles per year:

RV         Term    MF

49%       36m     .00082

46%       39m     .00082

45%       42m     .00058  

The MF are no where near what was reported earlier in the thread (36m at 0.00004). Sales guy said he's pulling directly off Chrysler website he has access to and not marking up. 

What's going on?

It may be the Chrysler Website but it may not be Chrysler Financial. Ask them what bank these numbers are for.

tmchow

Michaell said:

@kyfdx, question for you (or frankly anyone else that might know). 

Dealer just got back to me telling me these MF and residuals for the 2015 High Altitude 4x4 in Seattle, WA at 10k miles per year:

RV         Term    MF

49%       36m     .00082

46%       39m     .00082

45%       42m     .00058  

The MF are no where near what was reported earlier in the thread (36m at 0.00004). Sales guy said he's pulling directly off Chrysler website he has access to and not marking up. 

What's going on?

It may be the Chrysler Website but it may not be Chrysler Financial. Ask them what bank these numbers are for.

Will do. Thanks for the tip. 

tonyp1217

Michaell said:

got this quote on a 2015 grand cherokee laredo 23e package. in ny. not sure what MF or RV they used. how do these numbers look?

On the plus side, they are giving you the selling price. But, the rest of the numbers are for purchase. Do you get $3000 rebate on a lease? (maybe) Is the tax $2759 on a lease? (no). .00005 MF and 49% residual for 36/12.

what would the tax be if not 2759?

What state is this? Tax obligations for leases vary.

Buying in NY... Register vehicle in NJ.... So it would be 7% not 8.75% correct ? 

tmchow

Is the $2500 lease cash available for  leases through Chrysler financial or does it need to be done through a 3rd party?

also, the lease cash doesn't come from the dealer themselves, right? (Meaning it's not coming from their profit)

want to make sure that when I start negotiating to the dealer I know how much room I have to negotiate. 

Michaell

tmchow said:

Is the $2500 lease cash available for  leases through Chrysler financial or does it need to be done through a 3rd party?

also, the lease cash doesn't come from the dealer themselves, right? (Meaning it's not coming from their profit)

want to make sure that when I start negotiating to the dealer I know how much room I have to negotiate. 

 $2500 lease cash are for leases through Chrysler Financial. This is a factory to dealer incentives, which the dealer can pass along to the customer. 

tmchow

Michaell said:

@kyfdx, question for you (or frankly anyone else that might know). 

Dealer just got back to me telling me these MF and residuals for the 2015 High Altitude 4x4 in Seattle, WA at 10k miles per year:

RV         Term    MF

49%       36m     .00082

46%       39m     .00082

45%       42m     .00058  

The MF are no where near what was reported earlier in the thread (36m at 0.00004). Sales guy said he's pulling directly off Chrysler website he has access to and not marking up. 

What's going on?

It may be the Chrysler Website but it may not be Chrysler Financial. Ask them what bank these numbers are for.

@Michaell @kyfdx

Spoke to sales guy today. He's saying the numbers he gave me are right from Chrysler financial website, so he's not sure where the numbers posted here are coming from. I don't know what to tell the guy.   Are you guys pulling numbers from Chrysler Financial too?

kyfdx

tonyp1217 said:

Michaell said:

tonyp1217 said:

kyfdx said:

tonyp1217 said:

got this quote on a 2015 grand cherokee laredo 23e package. in ny. not sure what MF or RV they used.

how do these numbers look?

On the plus side, they are giving you the selling price. But, the rest of the numbers are for purchase. Do you get $3000 rebate on a lease? (maybe) Is the tax $2759 on a lease? (no).

.00005 MF and 49% residual for 36/12.

what would the tax be if not 2759?

What state is this? Tax obligations for leases vary.

Buying in NY... Register vehicle in NJ.... So it would be 7% not 8.75% correct ? 

NJ taxes the sum of payments, not the selling price (just like NY). So, the number isn't going to be anywhere near $2700.

Which is why I mentioned... that your attachment isn't really a lease quote, because it doesn't contain the variables that are germane to the lease payment. No mention of money factor, residual, acquisition fee, and the tax number isn't relevant to a lease, either.

tonyp1217

kyfdx said:

Michaell said:

got this quote on a 2015 grand cherokee laredo 23e package. in ny. not sure what MF or RV they used. how do these numbers look?

On the plus side, they are giving you the selling price. But, the rest of the numbers are for purchase. Do you get $3000 rebate on a lease? (maybe) Is the tax $2759 on a lease? (no). .00005 MF and 49% residual for 36/12.

what would the tax be if not 2759?

What state is this? Tax obligations for leases vary.

Buying in NY... Register vehicle in NJ.... So it would be 7% not 8.75% correct ? 

NJ taxes the sum of payments, not the selling price (just like NY). So, the number isn't going to be anywhere near $2700. Which is why I mentioned... that your attachment isn't really a lease quote, because it doesn't contain the variables that are germane to the lease payment. No mention of money factor, residual, acquisition fee, and the tax number isn't relevant to a lease, either.

Wow... I was told my multiple dealers that for a lease I would have to pay tax on the selling price of car. 

kyfdx

tonyp1217 said:

kyfdx said:

tonyp1217 said:

Michaell said:

tonyp1217 said:

kyfdx said:

tonyp1217 said:

got this quote on a 2015 grand cherokee laredo 23e package. in ny. not sure what MF or RV they used.

how do these numbers look?

On the plus side, they are giving you the selling price. But, the rest of the numbers are for purchase. Do you get $3000 rebate on a lease? (maybe) Is the tax $2759 on a lease? (no).

.00005 MF and 49% residual for 36/12.

what would the tax be if not 2759?

What state is this? Tax obligations for leases vary.

Buying in NY... Register vehicle in NJ.... So it would be 7% not 8.75% correct ? 

NJ taxes the sum of payments, not the selling price (just like NY). So, the number isn't going to be anywhere near $2700.

Which is why I mentioned... that your attachment isn't really a lease quote, because it doesn't contain the variables that are germane to the lease payment. No mention of money factor, residual, acquisition fee, and the tax number isn't relevant to a lease, either.

Wow... I was told my multiple dealers that for a lease I would have to pay tax on the selling price of car. 

Not in either NY or NJ.

Michaell

Wow... I was told my multiple dealers that for a lease I would have to pay tax on the selling price of car.

Not in either NY or NJ.

Are these salespeople telling you this? I'd reach out to the finance folks at the dealership; they should be better informed.

tmchow

I know the doc fee is a place to hide profit for a dealer. What is the standard doc fee? I'm getting quotes $150.

Michaell

tmchow said:

I know the doc fee is a place to hide profit for a dealer. What is the standard doc fee? I'm getting quotes $150.

It depends on the state ... some are capped (CA is $80), others are not. Here in Colorado, I see fees of up to $500.

tmchow

Here are the Numbers I'm getting:

• Washington state
  
• 36 months, 10k miles
  
• MF - 0.00004
  
• RV - 49% ($24,931)
  
• MSRP - $50,880
  
• Initial cap cost - $47,719
  
• Adjusted cap cost - $45,460 (-$2259)
  
• Amount due at start - $3500
  
• Rebate - $3500 ($2500 lease cash, $1000 lease conquest)
  
• Base monthly - $573.09
  
• Total Monthly (9.8% tax) - $629
  
• License fee - $250
  
• Doc fee - $150
  
• Admin fee - $2.50
  

Compared to my previous BMW( which had higher MF + cap cost but admittedly a higher residual), the payment is close to the same.

Also ran this through the edmunds lease calculator and the payment should be sub-$500. This seems like the difference in the way the rebate is handled, where it should be reducing the cap cost.

I'm admittedly not a pro on leases, just know enough to tread water so would appreciate the experts insight here.

Michaell

tmchow said:

Here are the Numbers I'm getting:

• Washington state
  
• 36 months, 10k miles
  
• MF - 0.00004
  
• RV - 49% ($24,931)
  
• MSRP - $50,880
  
• Initial cap cost - $47,719
  
• Adjusted cap cost - $45,460 (-$2259)
  
• Amount due at start - $3500
  
• Rebate - $3500 ($2500 lease cash, $1000 lease conquest)
  
• Base monthly - $573.09
  
• Total Monthly (9.8% tax) - $629
  
• License fee - $250
  
• Doc fee - $150
  
• Admin fee - $2.50
  

Compared to my previous BMW( which had higher MF + cap cost but admittedly a higher residual), the payment is close to the same.

Also ran this through the edmunds lease calculator and the payment should be sub-$500. This seems like the difference in the way the rebate is handled, where it should be reducing the cap cost.

I'm admittedly not a pro on leases, just know enough to tread water so would appreciate the experts insight here.

I get the same payment, with those numbers. The low residual is what hurts your deal here.

jgc2016

tmchow said:

Here are the Numbers I'm getting:

• Washington state
  
• 36 months, 10k miles
  
• MF - 0.00004
  
• RV - 49% ($24,931)
  
• MSRP - $50,880
  
• Initial cap cost - $47,719
  
• Adjusted cap cost - $45,460 (-$2259)
  
• Amount due at start - $3500
  
• Rebate - $3500 ($2500 lease cash, $1000 lease conquest)
  
• Base monthly - $573.09
  
• Total Monthly (9.8% tax) - $629
  
• License fee - $250
  
• Doc fee - $150
  
• Admin fee - $2.50
  

Compared to my previous BMW( which had higher MF + cap cost but admittedly a higher residual), the payment is close to the same.

Also ran this through the edmunds lease calculator and the payment should be sub-$500. This seems like the difference in the way the rebate is handled, where it should be reducing the cap cost.

I'm admittedly not a pro on leases, just know enough to tread water so would appreciate the experts insight here.

The dealer is only discounting the car by $2k. You should be able to get much more of a discount unless inventory of the 2015s are low in your area. I've seen $5k discounts from a handful of dealers here in CA (not including the lease cash).

tmchow

After having that last dealer fall through (they sold the car I was looking at), I found another dealer a couple hours away with one. Good news I got an even better deal.

Cap cost was $43k after the $2500 lease cash and $1000 lease conquest.  The monthly payment before taxes is $495.  Even better news is $0 doc fee.

Michaell

tmchow said:

After having that last dealer fall through (they sold the car I was looking at), I found another dealer a couple hours away with one. Good news I got an even better deal.

Cap cost was $43k after the $2500 lease cash and $1000 lease conquest.  The monthly payment before taxes is $495.  Even better news is $0 doc fee.

Congrats! Looks like everything worked out in the end.

Enjoy your new JGC, and thanks for sharing your deal with us.

tonyp1217

was just offered this deal on a 2015 gc laredo altitude by a NY dealer to be registered in NJ

39 months
12k miles/year
$2k cash down

$435 per month final payment (including tax)

does that sound about right with the MF and RV that you guys have? thanks!

tonyp1217

tonyp1217 said:

was just offered this deal on a 2015 gc laredo altitude by a NY dealer to be registered in NJ

39 months
12k miles/year
$2k cash down

$435 per month final payment (including tax)

does that sound about right with the MF and RV that you guys have? thanks!

only taking 1k off the sticker price...40k selling for 39k saying hes selling it for $200 over his invoice price

Michaell

tonyp1217 said:

tonyp1217 said:

was just offered this deal on a 2015 gc laredo altitude by a NY dealer to be registered in NJ

39 months
12k miles/year
$2k cash down

$435 per month final payment (including tax)

does that sound about right with the MF and RV that you guys have? thanks!

only taking 1k off the sticker price...40k selling for 39k saying hes selling it for $200 over his invoice price

I think there is more of a discount available .. there is $2500 lease cash on the JGC this month, alone.

Might be time to move on to another dealer....

ortega

What is the MF and RV for a 2015 Overland 4x4 for February? 36mos/15k miles. I'm in NJ
Also, if you have info on the program for the 2016 that would be helpful as well.

Thanks in advance!

kyfdx

ortega said:

What is the MF and RV for a 2015 Overland 4x4 for February? 36mos/15k miles. I'm in NJ
Also, if you have info on the program for the 2016 that would be helpful as well.

Thanks in advance!

.00004 MF and 48% residual

2016: .00005 MF and 50% residual

ortega

kydfx: It's 4 leading zeros on both of those February numbers correct? And the bank fee is still waived with CCAP?

tonyp1217

Michaell said:

was just offered this deal on a 2015 gc laredo altitude by a NY dealer to be registered in NJ 39 months 12k miles/year $2k cash down $435 per month final payment (including tax) does that sound about right with the MF and RV that you guys have? thanks!

only taking 1k off the sticker price...40k selling for 39k saying hes selling it for $200 over his invoice price

I think there is more of a discount available .. there is $2500 lease cash on the JGC this month, alone. Might be time to move on to another dealer....

What are all the available rebates on a JGC right now ? I know there are a lot other like military and returning leasee but the easy ones to qualify for are 

2500 lease cash 
1000 conquest

arent there more for GJC Altitudes? I remember seeing $5750 factory rebates that were called NE Business Center and IDL Bonus cash

ortega

Is it reasonable to expect a reduction of 10% off MSRP for a 2015 Overland in NJ at this point? This would be BEFORE applying lease cash and conquest cash. I'm heading to a dealer this evening and I want to try and properly set my expectations. If anyone has an opinion I would appreciate the feedback.

Michaell

ortega said:

kydfx: It's 4 leading zeros on both of those February numbers correct? And the bank fee is still waived with CCAP?

Yes, 4 zeros (.00004) - almost free money.

Yes, bank fee is waived with CCAP leases.

ortega said:

Is it reasonable to expect a reduction of 10% off MSRP for a 2015 Overland in NJ at this point? This would be BEFORE applying lease cash and conquest cash. I'm heading to a dealer this evening and I want to try and properly set my expectations. If anyone has an opinion I would appreciate the feedback.

We don't track selling prices - use the "make / model / year" pulldowns from the top of the screen to link to the price tools.

Michaell

tonyp1217 said:

Michaell said:

tonyp1217 said:

tonyp1217 said:

was just offered this deal on a 2015 gc laredo altitude by a NY dealer to be registered in NJ

39 months
12k miles/year
$2k cash down

$435 per month final payment (including tax)

does that sound about right with the MF and RV that you guys have? thanks!

only taking 1k off the sticker price...40k selling for 39k saying hes selling it for $200 over his invoice price

I think there is more of a discount available .. there is $2500 lease cash on the JGC this month, alone.

Might be time to move on to another dealer....

What are all the available rebates on a JGC right now ? I know there are a lot other like military and returning leasee but the easy ones to qualify for are 

2500 lease cash 
1000 conquest

arent there more for GJC Altitudes? I remember seeing $5750 factory rebates that were called NE Business Center and IDL Bonus cash

Use the "Car Research" tab to link to current incentives. The IDL cash is applicable to 3rd party leases (not Chrysler Capital).

toyotas2

Question on Lease

Looking at 2015 JGC Limited with Lux II package

MSRP of $45010
Lease price of 42840
20K miles/year
36 month

Ally is charging interest of 5.4% and offering lease cash of $6750.

Can't seem to get to his price of $525/mo.

Numbers don't seem all that attractive to me since they are only offering $2500 off. I would have expected more especially since I have a GM lease.

Thoughts?