2015 Jeep Cherokee Lease Questions

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  • MichaellMichaell Moderator Posts: 255,628
    savvyeve said:

    Hello. Could you provide MF and residual value for latitude 4x4, v6, 3yr lease, 10k/yr in north nj? Thank you very much. 

    .00013 and 53% for 36/10.

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  • savvyevesavvyeve Member Posts: 6
    Thanks a bunch.
  • savvyevesavvyeve Member Posts: 6
    Jeep dealer is using Residual of .53 in Ny for 10 mile, 3  year lease on a $40k msrp 2015 limited grand Cherokee. Does this c sound right? I reside in nj but dealer in ny
  • MichaellMichaell Moderator Posts: 255,628
    savvyeve said:

    Jeep dealer is using Residual of .53 in Ny for 10 mile, 3  year lease on a $40k msrp 2015 limited grand Cherokee. Does this c sound right? I reside in nj but dealer in ny

    Yes, that is correct.

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  • dissolution22dissolution22 Member Posts: 1
    Hi. Could you please provide the MF and residual for a 2015 Cherokee Limited 4x4, 36 mo, 15k /yr in NJ? Thank you!
  • kyfdxkyfdx Moderator Posts: 257,323

    Hi. Could you please provide the MF and residual for a 2015 Cherokee Limited 4x4, 36 mo, 15k /yr in NJ? Thank you!


    .00025 MF and 51% residual.

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  • kris301kris301 Member Posts: 34
    Looking for MF and residual for 2014 Cherokee Latitude, 4x4, V-6 for 36/10 and 24/10 in Ma for January. Thanks!
  • MichaellMichaell Moderator Posts: 255,628
    kris301 said:

    Looking for MF and residual for 2014 Cherokee Latitude, 4x4, V-6 for 36/10 and 24/10 in Ma for January. Thanks!

    24/10 - .00030 and 59%

    36/10 - .00028 and 52%

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  • odonth01odonth01 Member Posts: 1
    Hi, I'm looking for the residual and MF on a 2015 4x4 Latitude v6 39 mo/7500 in NY for Jan
  • MichaellMichaell Moderator Posts: 255,628
    odonth01 said:

    Hi, I'm looking for the residual and MF on a 2015 4x4 Latitude v6 39 mo/7500 in NY for Jan

    .00028 and 50% for 39/10.

    Jeep doesn't offer a 7500 mile residual. Add 2% for 36 months.

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  • jca12356jca12356 Member Posts: 2
    can I please get the Res/MF on a 2015 Cherokee Limited 4x4 V6 36mo 10k and 12k? Thanks!
  • jca12356jca12356 Member Posts: 2
    Sorry forgot to post in MI
  • MichaellMichaell Moderator Posts: 255,628
    jca12356 said:

    can I please get the Res/MF on a 2015 Cherokee Limited 4x4 V6 36mo 10k and 12k? Thanks!

    jca12356 said:

    Sorry forgot to post in MI

    .00025 and 53% for 36/12. Add 1% for 10K.

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  • gotgt3gotgt3 Member Posts: 114
    Does the Monthly payment look correct for the following:
    Sales Price: 32,961
    Adjusted Cap Cost: 32,981
    Residual: 18775
    MP: $464 for 36mo/12kmi
    for a 2015 Ltd.
  • kyfdxkyfdx Moderator Posts: 257,323
    gotgt3 said:

    Does the Monthly payment look correct for the following:
    Sales Price: 32,961
    Adjusted Cap Cost: 32,981
    Residual: 18775
    MP: $464 for 36mo/12kmi
    for a 2015 Ltd.


    .00025 MF and 53% residual ..

    I get $443/mo.+ tax.. (assuming 4X4)

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  • gotgt3gotgt3 Member Posts: 114
    kyfdx said:

    gotgt3 said:

    Does the Monthly payment look correct for the following:
    Sales Price: 32,961
    Adjusted Cap Cost: 32,981
    Residual: 18775
    MP: $464 for 36mo/12kmi
    for a 2015 Ltd.


    .00025 MF and 53% residual ..

    I get $443/mo.+ tax.. (assuming 4X4)
    Thanks - are the MF/Residuals in line or are they yanking my chain?
  • MichaellMichaell Moderator Posts: 255,628
    gotgt3 said:

    kyfdx said:

    gotgt3 said:

    Does the Monthly payment look correct for the following:
    Sales Price: 32,961
    Adjusted Cap Cost: 32,981
    Residual: 18775
    MP: $464 for 36mo/12kmi
    for a 2015 Ltd.


    .00025 MF and 53% residual ..

    I get $443/mo.+ tax.. (assuming 4X4)
    Thanks - are the MF/Residuals in line or are they yanking my chain?
    The calculations given use your Sale Price and Adjusted Cap Cost with the base MF and residual from Chrysler Capital. If your quote of $464 includes tax, and our calculation is $443/mo before tax, then it looks about right.

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  • gotgt3gotgt3 Member Posts: 114
    kyfdx said:

    gotgt3 said:

    Does the Monthly payment look correct for the following:
    Sales Price: 32,961
    Adjusted Cap Cost: 32,981
    Residual: 18775
    MP: $464 for 36mo/12kmi
    for a 2015 Ltd.


    .00025 MF and 53% residual ..

    I get $443/mo.+ tax.. (assuming 4X4)
    yes 4x4 - it is a 2015 model - does that change things?
  • MichaellMichaell Moderator Posts: 255,628
    gotgt3 said:

    kyfdx said:

    gotgt3 said:

    Does the Monthly payment look correct for the following:
    Sales Price: 32,961
    Adjusted Cap Cost: 32,981
    Residual: 18775
    MP: $464 for 36mo/12kmi
    for a 2015 Ltd.


    .00025 MF and 53% residual ..

    I get $443/mo.+ tax.. (assuming 4X4)
    yes 4x4 - it is a 2015 model - does that change things?
    Those are the 2015 numbers quoted. 2014 not subsidized by Chrysler this month.

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  • gotgt3gotgt3 Member Posts: 114
    kyfdx said:

    gotgt3 said:

    Does the Monthly payment look correct for the following:
    Sales Price: 32,961
    Adjusted Cap Cost: 32,981
    Residual: 18775
    MP: $464 for 36mo/12kmi
    for a 2015 Ltd.


    .00025 MF and 53% residual ..

    I get $443/mo.+ tax.. (assuming 4X4)

    Thanks!
    Question - what does the sales price and/or capcost need to be to get me to a monthly payment of say $340/350?
  • 2000accexp2000accexp Member Posts: 5
    Hello
    Looking for residual and MF for a 2015 Cherokee Latitude 2wd for 36/12k in Ohio.
  • 2000accexp2000accexp Member Posts: 5
    Also 36mo / 15k for same vehicle- thx
    -
  • kyfdxkyfdx Moderator Posts: 257,323
    gotgt3 said:

    kyfdx said:

    gotgt3 said:

    Does the Monthly payment look correct for the following:
    Sales Price: 32,961
    Adjusted Cap Cost: 32,981
    Residual: 18775
    MP: $464 for 36mo/12kmi
    for a 2015 Ltd.


    .00025 MF and 53% residual ..

    I get $443/mo.+ tax.. (assuming 4X4)

    Thanks!
    Question - what does the sales price and/or capcost need to be to get me to a monthly payment of say $340/350?

    $3600 less..

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  • kyfdxkyfdx Moderator Posts: 257,323

    Hello
    Looking for residual and MF for a 2015 Cherokee Latitude 2wd for 36/12k in Ohio.

    Also 36mo / 15k for same vehicle- thx
    -


    .00024 MF and 50%/48% residual.

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  • gotgt3gotgt3 Member Posts: 114
    kyfdx said:

    gotgt3 said:

    kyfdx said:

    gotgt3 said:

    Does the Monthly payment look correct for the following:
    Sales Price: 32,961
    Adjusted Cap Cost: 32,981
    Residual: 18775
    MP: $464 for 36mo/12kmi
    for a 2015 Ltd.


    .00025 MF and 53% residual ..

    I get $443/mo.+ tax.. (assuming 4X4)

    Thanks!
    Question - what does the sales price and/or capcost need to be to get me to a monthly payment of say $340/350?

    $3600 less..
    Thank you!
    Question - which incentives/rebates are presently available for the 2015 Cherokee? (not grand cherokee).
  • MichaellMichaell Moderator Posts: 255,628
    gotgt3 said:

    kyfdx said:

    gotgt3 said:

    kyfdx said:

    gotgt3 said:

    Does the Monthly payment look correct for the following:
    Sales Price: 32,961
    Adjusted Cap Cost: 32,981
    Residual: 18775
    MP: $464 for 36mo/12kmi
    for a 2015 Ltd.


    .00025 MF and 53% residual ..

    I get $443/mo.+ tax.. (assuming 4X4)

    Thanks!
    Question - what does the sales price and/or capcost need to be to get me to a monthly payment of say $340/350?
    $3600 less..
    Thank you!
    Question - which incentives/rebates are presently available for the 2015 Cherokee? (not grand cherokee).
    Use the "Car Research" tab at the top of the page to see the current incentives.

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  • gotgt3gotgt3 Member Posts: 114
    What is the residual for a 2015 Cherokee Ltd? & MF?

    Do you have incentive/rebate info?
  • laufinelaufine Member Posts: 29
    Hello,

    What is the Residual and Money Factor for lease of the Cherokee Limited 4WD? Not sure what's typical of a lease (36 mo vs. 39 mo or 10mi vs. 12mi/yr). Please advise...

    Thanks!
  • MichaellMichaell Moderator Posts: 255,628
    laufine said:

    Hello,

    What is the Residual and Money Factor for lease of the Cherokee Limited 4WD? Not sure what's typical of a lease (36 mo vs. 39 mo or 10mi vs. 12mi/yr). Please advise...

    Thanks!

    .00025 and 53% for 36/12. Add 1% for 10K.

    Subtract 5% for 39 months.

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  • jkd111jkd111 Member Posts: 11
    Looking for the MF/Residuals on a 2015 Cherokee Trailhawk V6 for 27/15K and 36/15 K for Illinois please... Is there any lease cash for this market that isn't being advertised? .Thanks in advance.
  • MichaellMichaell Moderator Posts: 255,628
    jkd111 said:

    Looking for the MF/Residuals on a 2015 Cherokee Trailhawk V6 for 27/15K and 36/15 K for Illinois please... Is there any lease cash for this market that isn't being advertised? .Thanks in advance.

    .00013 and 53% / 50%. No lease cash that we see.

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  • jkd111jkd111 Member Posts: 11
    Michaell said:

    jkd111 said:

    Looking for the MF/Residuals on a 2015 Cherokee Trailhawk V6 for 27/15K and 36/15 K for Illinois please... Is there any lease cash for this market that isn't being advertised? .Thanks in advance.

    .00013 and 53% / 50%. No lease cash that we see.
    THANK YOU!!!
  • hdwlhdwl Member Posts: 4
    Can you please provide the Lease Cash, residual and money factor for a 2015 Jeep Cherokee Limited 2x4 36 months with 15K miles. Thanks
  • MichaellMichaell Moderator Posts: 255,628
    hdwl said:

    Can you please provide the Lease Cash, residual and money factor for a 2015 Jeep Cherokee Limited 2x4 36 months with 15K miles. Thanks

    .00016 and 50% for 36/15. These numbers expire today.

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  • kevnloftkevnloft Member Posts: 4
    Hi! Can you provide the Money Factor and Residual for a 2015 Jeep Cherokee Latitude 4x4 in Northern NJ for 36 Months at 12,000 miles per year. Any lease cash available? Thanks!
  • MichaellMichaell Moderator Posts: 255,628
    kevnloft said:

    Hi! Can you provide the Money Factor and Residual for a 2015 Jeep Cherokee Latitude 4x4 in Northern NJ for 36 Months at 12,000 miles per year. Any lease cash available? Thanks!

    .00017 and 55%. No lease cash that I see.

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  • kevnloftkevnloft Member Posts: 4
    Hi! Would you happen to know if Chrysler just changed the Money Factor and Residual for 2015 Cherokee Latitude 4x4, 4 Cylinder in Northern NJ for 36 mos at 12K per year? Dealer just advised it is now 51% Residual and .00028 Money Factor. Thank you!
  • kyfdxkyfdx Moderator Posts: 257,323
    kevnloft said:

    Hi! Would you happen to know if Chrysler just changed the Money Factor and Residual for 2015 Cherokee Latitude 4x4, 4 Cylinder in Northern NJ for 36 mos at 12K per year? Dealer just advised it is now 51% Residual and .00028 Money Factor. Thank you!


    I confirm those numbers

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  • kris301kris301 Member Posts: 34
    Looking for MF and residual for 2015 Cherokee Latitude 4x4, 6 cyl in Ma for 24/10 and 36/10? Thank You!
  • MichaellMichaell Moderator Posts: 255,628
    kris301 said:

    Looking for MF and residual for 2015 Cherokee Latitude 4x4, 6 cyl in Ma for 24/10 and 36/10? Thank You!

    .00030 and 59% for 24/10

    .00028 and 52% for 36/10

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  • damnyankeesdamnyankees Member Posts: 141
    February numbers for Cherokee Limited 4x4 V6 with luxury group for 36/12 please? I'm in CT. Thanks!
  • MichaellMichaell Moderator Posts: 255,628

    February numbers for Cherokee Limited 4x4 V6 with luxury group for 36/12 please? I'm in CT. Thanks!

    .00022 and 54%

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  • damnyankeesdamnyankees Member Posts: 141
    Michaell said:

    February numbers for Cherokee Limited 4x4 V6 with luxury group for 36/12 please? I'm in CT. Thanks!

    .00022 and 54%
    Here is the quote I was just given by my local dealer. Please help me figure out why my number is so far off from theirs :-)

    MSRP $37,320.00
    Residual value % 0.54
    Sales price $35,470.00
    Rebates $2,500.00
    Fees $439.00
    Adj. Cap Cost $33,409.00
    Money factor 0.00022
    Number of months 36

    They told me the interest rate was "like 1%", but when you put that in decimal form, it's waaaaay too low, so I just used the .00022 you gave me. They said their offer was $425/mo with $1799 due at signing (fees, taxes, and 1st month payment). However, using the same figures, I'm calculating a monthly payment of $404.14 with fees and taxes rolled in (which is how I prefer). Any thoughts? Are they just absolutely screwing me? Thanks!
  • MichaellMichaell Moderator Posts: 255,628

    Michaell said:

    February numbers for Cherokee Limited 4x4 V6 with luxury group for 36/12 please? I'm in CT. Thanks!

    .00022 and 54%
    Here is the quote I was just given by my local dealer. Please help me figure out why my number is so far off from theirs :-)

    MSRP $37,320.00
    Residual value % 0.54
    Sales price $35,470.00
    Rebates $2,500.00
    Fees $439.00
    Adj. Cap Cost $33,409.00
    Money factor 0.00022
    Number of months 36

    They told me the interest rate was "like 1%", but when you put that in decimal form, it's waaaaay too low, so I just used the .00022 you gave me. They said their offer was $425/mo with $1799 due at signing (fees, taxes, and 1st month payment). However, using the same figures, I'm calculating a monthly payment of $404.14 with fees and taxes rolled in (which is how I prefer). Any thoughts? Are they just absolutely screwing me? Thanks!
    I'm getting $380.01 before tax, so your calculation of $404 seems about right, depending on your tax rate.

    The dealer is allowed to mark up the money factor for extra profit. It's either that, or the net cap cost the dealer is using is different from the $33,409 number you've got. If it is different, ask them why.

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  • luvmyeskiesluvmyeskies Member Posts: 2
    Looking for MF and Residual for 4x4 Latitude and 4x4 Limited - 36/10K, in Nebraska. Thanks!
  • kyfdxkyfdx Moderator Posts: 257,323

    Looking for MF and Residual for 4x4 Latitude and 4x4 Limited - 36/10K, in Nebraska. Thanks!


    Latitude: .00028 MF and 52% residual

    Limited: .00022 MF and 55% residual

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  • hamletsdeadhamletsdead Member Posts: 3
    Could you give me the residual and MF for a 2015 Jeep Grand Cherokee Laredo E, with a sale price of $32,472, with $3,000 down, 15K, 36 months, in CA, 720+ credit.
  • hamletsdeadhamletsdead Member Posts: 3
    I'm also looking for the residual and MF for a 2015 Jeep Wrangler Unlimited Sport S, with a sale price of $30,407, with $3,000 down, 15K, 36 months, in CA, great credit. Thanks
  • MichaellMichaell Moderator Posts: 255,628

    Could you give me the residual and MF for a 2015 Jeep Grand Cherokee Laredo E, with a sale price of $32,472, with $3,000 down, 15K, 36 months, in CA, 720+ credit.

    .00018 and 55%

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  • MichaellMichaell Moderator Posts: 255,628

    I'm also looking for the residual and MF for a 2015 Jeep Wrangler Unlimited Sport S, with a sale price of $30,407, with $3,000 down, 15K, 36 months, in CA, great credit. Thanks

    Please post this in the Wrangler thread; will be easier for folks to find when they search.

    Thanks!

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