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Jeep Wrangler Unlimited Sport Lease

ltdan15ltdan15 Member Posts: 1
edited July 2015 in Jeep
I was recently quoted the following on an Unlimited Sport and wanted to confirm the current Money Factor this month and Residual Value, thank you.

Money Factor: .00193
Residual Value: 67%

MSRP: $34,620.00
Selling Price: $32,208.00

Comments

  • MichaellMichaell Moderator Posts: 255,802
    ltdan15 said:

    I was recently quoted the following on an Unlimited Sport and wanted to confirm the current Money Factor this month and Residual Value, thank you.

    Money Factor: .00193
    Residual Value: 67%

    MSRP: $34,620.00
    Selling Price: $32,208.00

    If the lease term is 36/12, then I confirm the 67% residual.

    The MF listed for the Unlimited simply says "standard" ... we've always thought that was around .00160 for Chrysler but we aren't certain. What we are certain of is that the dealer can mark up the MF for extra profit, which may be what's happening here.

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  • kyfdxkyfdx Moderator Posts: 257,527
    ltdan15 said:

    I was recently quoted the following on an Unlimited Sport and wanted to confirm the current Money Factor this month and Residual Value, thank you.

    Money Factor: .00193
    Residual Value: 67%

    MSRP: $34,620.00
    Selling Price: $32,208.00

    .00213 is the money factor used on the latest advertised Wrangler Unlimited lease deal. So, looks like your MF quote is okay.

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  • hockeydan18hockeydan18 Member Posts: 9
    Newbie here! I am looking into the possible lease of an 2016 Unlimited Sport Freedom Edition. The vehicle is listed at $38,015 with dealer mark downs to $35,021. I know they (dealers) will tell me I do not qualify for any of the mark down offers, but I intend to offer the $35,021 as advertised on their website. Anyway, long story short can someone please provide the MF (if different from standard listed above) and residual for this vehicle based on a 36 month/15k mileage lease? Normally I would look to buy, but I am in a situation where I need low monthly payments, at least for 2 years. I intend to drive down my monthly by paying a little more than I should for a down payment on a lease, but low monthly payments is my only hope of getting into a Wrangler Unlimited. Thank you!!
  • MichaellMichaell Moderator Posts: 255,802

    Newbie here! I am looking into the possible lease of an 2016 Unlimited Sport Freedom Edition. The vehicle is listed at $38,015 with dealer mark downs to $35,021. I know they (dealers) will tell me I do not qualify for any of the mark down offers, but I intend to offer the $35,021 as advertised on their website. Anyway, long story short can someone please provide the MF (if different from standard listed above) and residual for this vehicle based on a 36 month/15k mileage lease? Normally I would look to buy, but I am in a situation where I need low monthly payments, at least for 2 years. I intend to drive down my monthly by paying a little more than I should for a down payment on a lease, but low monthly payments is my only hope of getting into a Wrangler Unlimited. Thank you!!

    Answered in the other thread you posted in...

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    2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige

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