2015 Jeep Grand Cherokee Lease Questions

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Comments

  • rsamerica1rsamerica1 Member Posts: 71

    Hello - looking for MF / Residual for 2015 Summit 4x4 in PA 36 or 39 months / 15K miles. Thanks.

    Summit Diesel 4 x 4
  • MichaellMichaell Moderator Posts: 263,818
    Hello - looking for MF / Residual for 2015 Summit 4x4 in PA 36 or 39 months / 15K miles. Thanks.
    Summit Diesel 4 x 4
    .00097 and 49% / 46%

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  • capo517capo517 Member Posts: 14
    edited April 2016
    New here and looking for help with lease of 2016 grand Cherokee limited 4x2 in FL. Dealer quoted me $489 on a 36/12k lease putting 2900 down. Sticker price is 43,185. I think the MF is .00022 but have no idea what RV is. The payment seems too high and I'm trying to figure out what it should be. Any help is greatly appreciated 
  • MichaellMichaell Moderator Posts: 263,818
    capo517 said:

    New here and looking for help with lease of 2016 grand Cherokee limited 4x2 in FL. Dealer quoted me $489 on a 36/12k lease putting 2900 down. Sticker price is 43,185. I think the MF is .00022 but have no idea what RV is. The payment seems too high and I'm trying to figure out what it should be. Any help is greatly appreciated 

    Please post your 2016 JGC questions here:

    http://forums.edmunds.com/discussion/38729/jeep/grand-cherokee/2016-jeep-grand-cherokee-lease-questions#latest

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  • jgc2016jgc2016 Member Posts: 14
    Is Chrysler still waiving acquisition fees in April?
  • MichaellMichaell Moderator Posts: 263,818
    jgc2016 said:

    Is Chrysler still waiving acquisition fees in April?

    For 36 and 39 month terms only on the 2015's, yes.

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  • dannylydannyly Member Posts: 14
    edited April 2016
    Grand Cherokee Limited 4x4 Diesel with Lux package MSRP 47560. Is a 36mo 12k lease at 525 tax in right? FL 6 percent tax. What other fees are due at inception if acq fee is eliminated? Thanks.
  • kyfdxkyfdx Moderator Posts: 267,528
    dannyly said:

    Grand Cherokee Limited 4x4 Diesel with Lux package MSRP 47560. Is a 36mo 12k lease at 525 tax in right? FL 6 percent tax. What other fees are due at inception if acq fee is eliminated? Thanks.

    .00038 MF and 52% residual

    Can't calculate a payment without the selling price and/or CAP cost.

    Most dealers in Florida have HUGE doc fees.

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  • dannylydannyly Member Posts: 14
    Thanks for the MF & RV. The cap cost is 42500. Thanks
  • MichaellMichaell Moderator Posts: 263,818
    dannyly said:

    Thanks for the MF & RV. The cap cost is 42500. Thanks

    I get $550/mo with those numbers. Your quote looks good by comparison.

    How much total out of pocket is the dealer asking for?

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  • dannylydannyly Member Posts: 14
    0 down inception only. Is the $550 tax in? THanks.
  • MichaellMichaell Moderator Posts: 263,818
    dannyly said:

    0 down inception only. Is the $550 tax in? THanks.

    Yeah, my calculations included the 6% tax you reference.

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  • jimse90jimse90 Member Posts: 19
    2015 summit 4x2. SoCal. 36/15 please. 


  • kyfdxkyfdx Moderator Posts: 267,528
    jimse90 said:

    2015 summit 4x2. SoCal. 36/15 please. 


    .00093 MF and 43% residual

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  • jgc2016jgc2016 Member Posts: 14
    Michaell said:

    jgc2016 said:

    Is Chrysler still waiving acquisition fees in April?

    For 36 and 39 month terms only on the 2015's, yes.
    Dealer is stating acq fee is not waived and wants to charge me $700. How do I call their bluff? This is for a 2015 HA 4x4 V6 36mo lease.
  • kyfdxkyfdx Moderator Posts: 267,528
    jgc2016 said:

    Michaell said:

    jgc2016 said:

    Is Chrysler still waiving acquisition fees in April?

    For 36 and 39 month terms only on the 2015's, yes.
    Dealer is stating acq fee is not waived and wants to charge me $700. How do I call their bluff? This is for a 2015 HA 4x4 V6 36mo lease.
    Maybe they aren't using Chrysler Capital?

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  • jgc2016jgc2016 Member Posts: 14
    kyfdx said:

    jgc2016 said:

    Michaell said:

    jgc2016 said:

    Is Chrysler still waiving acquisition fees in April?

    For 36 and 39 month terms only on the 2015's, yes.
    Dealer is stating acq fee is not waived and wants to charge me $700. How do I call their bluff? This is for a 2015 HA 4x4 V6 36mo lease.
    Maybe they aren't using Chrysler Capital?
    Well, the lease quote form says CCAPL. Residual is 48%. They made a mistake on MF at 0.00018 and I told them it should be 0.00027. They later bumped it to 0.00057 saying they need to "make a few bucks on the deal."

  • jgc2016jgc2016 Member Posts: 14
    jgc2016 said:

    kyfdx said:

    jgc2016 said:

    Michaell said:

    jgc2016 said:

    Is Chrysler still waiving acquisition fees in April?

    For 36 and 39 month terms only on the 2015's, yes.
    Dealer is stating acq fee is not waived and wants to charge me $700. How do I call their bluff? This is for a 2015 HA 4x4 V6 36mo lease.
    Maybe they aren't using Chrysler Capital?
    Well, the lease quote form says CCAPL. Residual is 48%. They made a mistake on MF at 0.00018 and I told them it should be 0.00027. They later bumped it to 0.00057 saying they need to "make a few bucks on the deal."

    Attached is the original 10k miles quote with wrong MF. I didn't get an electronic copy of the last quote I worked on at the dealership.
  • kyfdxkyfdx Moderator Posts: 267,528
    jgc2016 said:

    jgc2016 said:

    kyfdx said:

    jgc2016 said:

    Michaell said:

    jgc2016 said:

    Is Chrysler still waiving acquisition fees in April?

    For 36 and 39 month terms only on the 2015's, yes.
    Dealer is stating acq fee is not waived and wants to charge me $700. How do I call their bluff? This is for a 2015 HA 4x4 V6 36mo lease.
    Maybe they aren't using Chrysler Capital?
    Well, the lease quote form says CCAPL. Residual is 48%. They made a mistake on MF at 0.00018 and I told them it should be 0.00027. They later bumped it to 0.00057 saying they need to "make a few bucks on the deal."

    Attached is the original 10k miles quote with wrong MF. I didn't get an electronic copy of the last quote I worked on at the dealership.
    We don't have every region docs for Chrysler Capital, but the ones we do have show the fee is waived, this month..

    Of course, they also show that the fee is $595, not $700.
    So, maybe they are trying to make a little money here, too.

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  • jgc2016jgc2016 Member Posts: 14
    kyfdx said:

    jgc2016 said:

    jgc2016 said:

    kyfdx said:

    jgc2016 said:

    Michaell said:

    jgc2016 said:

    Is Chrysler still waiving acquisition fees in April?

    For 36 and 39 month terms only on the 2015's, yes.
    Dealer is stating acq fee is not waived and wants to charge me $700. How do I call their bluff? This is for a 2015 HA 4x4 V6 36mo lease.
    Maybe they aren't using Chrysler Capital?
    Well, the lease quote form says CCAPL. Residual is 48%. They made a mistake on MF at 0.00018 and I told them it should be 0.00027. They later bumped it to 0.00057 saying they need to "make a few bucks on the deal."

    Attached is the original 10k miles quote with wrong MF. I didn't get an electronic copy of the last quote I worked on at the dealership.
    We don't have every region docs for Chrysler Capital, but the ones we do have show the fee is waived, this month..

    Of course, they also show that the fee is $595, not $700.
    So, maybe they are trying to make a little money here, too.
    I think (actually I know) it's the attempt to make more money. If I go back to the dealership, what is the name of the doc I should refer them back to?
  • kyfdxkyfdx Moderator Posts: 267,528
    jgc2016 said:

    kyfdx said:

    jgc2016 said:

    jgc2016 said:

    kyfdx said:

    jgc2016 said:

    Michaell said:

    jgc2016 said:

    Is Chrysler still waiving acquisition fees in April?

    For 36 and 39 month terms only on the 2015's, yes.
    Dealer is stating acq fee is not waived and wants to charge me $700. How do I call their bluff? This is for a 2015 HA 4x4 V6 36mo lease.
    Maybe they aren't using Chrysler Capital?
    Well, the lease quote form says CCAPL. Residual is 48%. They made a mistake on MF at 0.00018 and I told them it should be 0.00027. They later bumped it to 0.00057 saying they need to "make a few bucks on the deal."

    Attached is the original 10k miles quote with wrong MF. I didn't get an electronic copy of the last quote I worked on at the dealership.
    We don't have every region docs for Chrysler Capital, but the ones we do have show the fee is waived, this month..

    Of course, they also show that the fee is $595, not $700.
    So, maybe they are trying to make a little money here, too.
    I think (actually I know) it's the attempt to make more money. If I go back to the dealership, what is the name of the doc I should refer them back to?
    Don't have it with me, right now. I'll update later today

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  • jgc2016jgc2016 Member Posts: 14
    kyfdx said:

    jgc2016 said:

    kyfdx said:

    jgc2016 said:

    jgc2016 said:

    kyfdx said:

    jgc2016 said:

    Michaell said:

    jgc2016 said:

    Is Chrysler still waiving acquisition fees in April?

    For 36 and 39 month terms only on the 2015's, yes.
    Dealer is stating acq fee is not waived and wants to charge me $700. How do I call their bluff? This is for a 2015 HA 4x4 V6 36mo lease.
    Maybe they aren't using Chrysler Capital?
    Well, the lease quote form says CCAPL. Residual is 48%. They made a mistake on MF at 0.00018 and I told them it should be 0.00027. They later bumped it to 0.00057 saying they need to "make a few bucks on the deal."

    Attached is the original 10k miles quote with wrong MF. I didn't get an electronic copy of the last quote I worked on at the dealership.
    We don't have every region docs for Chrysler Capital, but the ones we do have show the fee is waived, this month..

    Of course, they also show that the fee is $595, not $700.
    So, maybe they are trying to make a little money here, too.
    I think (actually I know) it's the attempt to make more money. If I go back to the dealership, what is the name of the doc I should refer them back to?
    Don't have it with me, right now. I'll update later today
    Well, they said they called Chrysler to verify and it's required, $595. This is a dealership in Nor CA. I have another dealership in So CA that says the acq is $0. Could this be regional?
  • kyfdxkyfdx Moderator Posts: 267,528
    jgc2016 said:

    kyfdx said:

    jgc2016 said:

    kyfdx said:

    jgc2016 said:

    jgc2016 said:

    kyfdx said:

    jgc2016 said:

    Michaell said:

    jgc2016 said:

    Is Chrysler still waiving acquisition fees in April?

    For 36 and 39 month terms only on the 2015's, yes.
    Dealer is stating acq fee is not waived and wants to charge me $700. How do I call their bluff? This is for a 2015 HA 4x4 V6 36mo lease.
    Maybe they aren't using Chrysler Capital?
    Well, the lease quote form says CCAPL. Residual is 48%. They made a mistake on MF at 0.00018 and I told them it should be 0.00027. They later bumped it to 0.00057 saying they need to "make a few bucks on the deal."

    Attached is the original 10k miles quote with wrong MF. I didn't get an electronic copy of the last quote I worked on at the dealership.
    We don't have every region docs for Chrysler Capital, but the ones we do have show the fee is waived, this month..

    Of course, they also show that the fee is $595, not $700.
    So, maybe they are trying to make a little money here, too.
    I think (actually I know) it's the attempt to make more money. If I go back to the dealership, what is the name of the doc I should refer them back to?
    Don't have it with me, right now. I'll update later today
    Well, they said they called Chrysler to verify and it's required, $595. This is a dealership in Nor CA. I have another dealership in So CA that says the acq is $0. Could this be regional?
    That's entirely possible.

    Funny how it's not $700, though.

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  • aoreilly88aoreilly88 Member Posts: 33
    Can I get the MF + Residules for 36/10k and 39/10k for Jeep GC Laredo, Limited and Overland all 4X4.
    Thanks alot
  • MichaellMichaell Moderator Posts: 263,818

    Can I get the MF + Residules for 36/10k and 39/10k for Jeep GC Laredo, Limited and Overland all 4X4.
    Thanks alot

    36/10
    Laredo - .00027 and 49%. Subtract 2% for 39/10
    Limited - .00038 and 51%. Subtract 3% for 39/10
    Overland - .00027 and 49%. Subtract 2% for 39/10

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  • dannylydannyly Member Posts: 14
    For my knowledge and experience. I have been leasing cars for 10 years now. I just leased the JGC Limited 4x4 diesel I mentioned in a previous post above. My Cayenne lease just ended. Surprisingly and suspiciously, I walked out of the dealership with the vehicle and no payments @ 527mo taxin. I have never walked out of the dealership without a payment. The inception fees and 1st mo payment were all paid by the rebate? Does this happen with Jeeps? Should I be worried? Thanks.
  • MichaellMichaell Moderator Posts: 263,818
    dannyly said:

    For my knowledge and experience. I have been leasing cars for 10 years now. I just leased the JGC Limited 4x4 diesel I mentioned in a previous post above. My Cayenne lease just ended. Surprisingly and suspiciously, I walked out of the dealership with the vehicle and no payments @ 527mo taxin. I have never walked out of the dealership without a payment. The inception fees and 1st mo payment were all paid by the rebate? Does this happen with Jeeps? Should I be worried? Thanks.

    I'm not aware of any incentive where the first payment is covered by the bank or the dealer; wouldn't hurt to confirm with the dealer about this.

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  • capo517capo517 Member Posts: 14
    May I please have the mf and residual for 15 jgc 4x2 limited 36/12 and overland in Florida. Thanks 
  • MichaellMichaell Moderator Posts: 263,818
    capo517 said:

    May I please have the mf and residual for 15 jgc 4x2 limited 36/12 and overland in Florida. Thanks 

    Limited - .00035 and 48%
    Overland - .00039. And 46%

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  • dannylydannyly Member Posts: 14
    I was very surprised when I left with the vehicle without any payments. Is the dealer playing games or what should I be expecting? Does this never happen? I have never experienced it and feel a bit confused. The finance manager has not gotten back to me yet. Thanks.
  • jimse90jimse90 Member Posts: 19
    2015 summit 4x4
    36/15 SoCal. 

    Thanks so much. 

  • kyfdxkyfdx Moderator Posts: 267,528
    jimse90 said:

    2015 summit 4x4
    36/15 SoCal. 

    Thanks so much. 

    .00097 MF and 47% residual

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  • egarciaalegarciaal Member Posts: 22
    Hi, Would you please provide the money factor and residual for 2015 JGC Laredo 4x2? Thanks!
  • MichaellMichaell Moderator Posts: 263,818
    egarciaal said:

    Hi, Would you please provide the money factor and residual for 2015 JGC Laredo 4x2? Thanks!

    What lease term and how many miles per year?

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  • egarciaalegarciaal Member Posts: 22
    36months and 15k miles per year... (money factor and residual for 2015 JGC Laredo 4x2)
  • MichaellMichaell Moderator Posts: 263,818
    egarciaal said:

    Hi, Would you please provide the money factor and residual for 2015 JGC Laredo 4x2? Thanks!

    egarciaal said:

    36months and 15k miles per year... (money factor and residual for 2015 JGC Laredo 4x2)

    .00032 and 44%

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  • capo517capo517 Member Posts: 14
    Could you please send MF and RV for 2015 JGC 4x4 limited 36/12, overland and summit same. Thanks
  • MichaellMichaell Moderator Posts: 263,818
    capo517 said:

    Could you please send MF and RV for 2015 JGC 4x4 limited 36/12, overland and summit same. Thanks

    Limited 4x4 - .00038 and 50%
    Overland 4x4 - .00027 and 48%
    Summit 4x4 - .00097 and 49%

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  • jimse90jimse90 Member Posts: 19
       Can you run these numbers for me? I'm getting very different numbers vs the dealer. 

    2015 JGC summit 4x4
    Msrp $55780
    cap cost $45780
    incentives $4000
    cap cost reduction $2000
    36/15 (47% residual)
    MF .00118

    Thanks. 

  • MichaellMichaell Moderator Posts: 263,818
    jimse90 said:

       Can you run these numbers for me? I'm getting very different numbers vs the dealer. 

    2015 JGC summit 4x4
    Msrp $55780
    cap cost $45780
    incentives $4000
    cap cost reduction $2000
    36/15 (47% residual)
    MF .00118

    Thanks. 

    Is this a Chrysler Capital lease? If so, the MF is marked up - base is .00097.

    We do not recommend a cap reduction - you lose that money if the car is stolen or totaled.

    What is the adjusted cap cost after all taxes, fees and incentives are accounted for?

    I get $613/mo with the base MF and the prices you've given me.

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  • jimse90jimse90 Member Posts: 19
    Michaell said:
       Can you run these numbers for me? I'm getting very different numbers vs the dealer. 

    2015 JGC summit 4x4
    Msrp $55780
    cap cost $45780
    incentives $4000
    cap cost reduction $2000
    36/15 (47% residual)
    MF .00118

    Thanks. 

    Is this a Chrysler Capital lease? If so, the MF is marked up - base is .00097. We do not recommend a cap reduction - you lose that money if the car is stolen or totaled. What is the adjusted cap cost after all taxes, fees and incentives are accounted for? I get $613/mo with the base MF and the prices you've given me.
    With MSRP 55780
    cap cost (with everything) 41414.22
    zero down
    36/15
    .00097
    8% taxes

    also is there a online lease calculator you recommend? 

    Thank you. 
  • MichaellMichaell Moderator Posts: 263,818
    jimse90 said:


    Michaell said:

    jimse90 said:

       Can you run these numbers for me? I'm getting very different numbers vs the dealer. 

    2015 JGC summit 4x4
    Msrp $55780
    cap cost $45780
    incentives $4000
    cap cost reduction $2000
    36/15 (47% residual)
    MF .00118

    Thanks. 

    Is this a Chrysler Capital lease? If so, the MF is marked up - base is .00097.

    We do not recommend a cap reduction - you lose that money if the car is stolen or totaled.

    What is the adjusted cap cost after all taxes, fees and incentives are accounted for?

    I get $613/mo with the base MF and the prices you've given me.

    With MSRP 55780
    cap cost (with everything) 41414.22
    zero down
    36/15
    .00097
    8% taxes

    also is there a online lease calculator you recommend? 

    Thank you. 

    $527/mo with your updated numbers.

    We recommend you build your own calculator ...

    http://www.edmunds.com/car-leasing/calculate-your-own-lease-payment.html

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  • capo517capo517 Member Posts: 14
    Is the 2015 JGC limited 4x2 36/12k MF .00035 and RV 48% in Fla still? Is Chrysler still waiving the dealer acq fee?

  • MichaellMichaell Moderator Posts: 263,818
    capo517 said:

    Is the 2015 JGC limited 4x2 36/12k MF .00035 and RV 48% in Fla still? Is Chrysler still waiving the dealer acq fee?

    I confirm those numbers.

    Acquisition fee is waived on 2015 JGC for 36 and 39 month lease terms.

    Lease numbers expire tomorrow, 5/2/16.

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  • capo517capo517 Member Posts: 14
    Michaell said:
    Is the 2015 JGC limited 4x2 36/12k MF .00035 and RV 48% in Fla still? Is Chrysler still waiving the dealer acq fee?

    I confirm those numbers. Acquisition fee is waived on 2015 JGC for 36 and 39 month lease terms. Lease numbers expire tomorrow, 5/2/16.

    Michaell said:
    Is the 2015 JGC limited 4x2 36/12k MF .00035 and RV 48% in Fla still? Is Chrysler still waiving the dealer acq fee?

    I confirm those numbers. Acquisition fee is waived on 2015 JGC for 36 and 39 month lease terms. Lease numbers expire tomorrow, 5/2/16


    Got a pmt of 489 through south Florida finance company??? No idea who that is.

    cap cost 36112
    0 down
    rv 52%
    mf .00145

    do the #'s make sense or should I be weary of this finance company. Any help is appreciated
  • MichaellMichaell Moderator Posts: 263,818
    capo517 said:


    Michaell said:

    capo517 said:

    Is the 2015 JGC limited 4x2 36/12k MF .00035 and RV 48% in Fla still? Is Chrysler still waiving the dealer acq fee?

    I confirm those numbers.

    Acquisition fee is waived on 2015 JGC for 36 and 39 month lease terms.

    Lease numbers expire tomorrow, 5/2/16.

    Michaell said:

    Is the 2015 JGC limited 4x2 36/12k MF .00035 and RV 48% in Fla still? Is Chrysler still waiving the dealer acq fee?



    I confirm those numbers.

    Acquisition fee is waived on 2015 JGC for 36 and 39 month lease terms.

    Lease numbers expire tomorrow, 5/2/16


    Got a pmt of 489 through south Florida finance company??? No idea who that is.

    cap cost 36112
    0 down
    rv 52%
    mf .00145

    do the #'s make sense or should I be weary of this finance company. Any help is appreciated

    Third party lease companies often have attractive terms up front, but lease end charges for damage may bite you. I'm not a fan of them.

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  • MichaellMichaell Moderator Posts: 263,818

    can i please get Overland 4x2 & 4x4 for 36/12 in NorCal? Thanks!

    Numbers have expired -- new numbers should be available later this week.

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  • anthonyianthonyi Member Posts: 12
    edited May 2016
    Sir,
    I'm having a difficult time locating a 2015 that fits my criteria (in silver). Is there a thread for the 2016s?
    I am looking for the differences between the 2016 (36/15) 2x4 Limited and Overland with ventilated seats and NAV. In the Limited these are a package, but included in the Overland. The dealer I spoke with said that the Overland will be less expensive due to the higher residual. They also said that the 2016 will be about the same monthly due to the lower residual on the 2015. I am in Florida.
    Thoughts on all of this? I'm trying to learn all I can in the next few weeks.
    Thanks in advance.
  • kyfdxkyfdx Moderator Posts: 267,528

    can i please get Overland 4x2 & 4x4 for 36/12 in NorCal? Thanks!

    4X4: .00077 MF and 52% residual
    4X2: .00105 MF and 51% residual

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  • kyfdxkyfdx Moderator Posts: 267,528
    anthonyi said:

    Sir,
    I'm having a difficult time locating a 2015 that fits my criteria (in silver). Is there a thread for the 2016s?
    I am looking for the differences between the 2016 (36/15) 2x4 Limited and Overland with ventilated seats and NAV. In the Limited these are a package, but included in the Overland. The dealer I spoke with said that the Overland will be less expensive due to the higher residual. They also said that the 2016 will be about the same monthly due to the lower residual on the 2015. I am in Florida.
    Thoughts on all of this? I'm trying to learn all I can in the next few weeks.
    Thanks in advance.

    http://forums.edmunds.com/discussion/38729/jeep/grand-cherokee/2016-jeep-grand-cherokee-lease-questions#latest

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