2016 Jeep Wrangler Lease Questions

npugs10

great forum. thank you all for your help.

could you please tell me the MF and residual on:

Wrangler Sport and Black Bear w/ automatic transmission
Wrangler Unlimited Sport and Black Bear w/ automatic transmission

I'm in NYC and looking for 36/12 or 36/10

Thanks in advance!

kyfdx

npugs10 said:

great forum. thank you all for your help.

could you please tell me the MF and residual on:

Wrangler Sport and Black Bear w/ automatic transmission
Wrangler Unlimited Sport and Black Bear w/ automatic transmission

I'm in NYC and looking for 36/12 or 36/10

Thanks in advance!

Standard MF for all.

Either trim:

Wrangler: 58% residual.
Unlimited: 71% residual

Add 1% for 10K/yr

npugs10

Thank you kyfdx. Acquisition fee still waved on the 2016s?

Michaell

npugs10 said:

Thank you kyfdx. Acquisition fee still waved on the 2016s?

Yes

lxsrcr1

Hi, are all the special edition iterations of the Wrangler Unlimited Sport (willys freedom etc) the same residual or are they each different? Can I please have the residual for 24/15 and 36/15 for sport and, if different, the Sport S, Willy's, and Freedom. I assume MF is the standard that's been posted on here. I am in CA. Thank you!

kyfdx

lxsrcr1 said:

Hi, are all the special edition iterations of the Wrangler Unlimited Sport (willys freedom etc) the same residual or are they each different? Can I please have the residual for 24/15 and 36/15 for sport and, if different, the Sport S, Willy's, and Freedom. I assume MF is the standard that's been posted on here. I am in CA. Thank you!

Yes.. those are all 76%/69% residual

anthonyi

Michaell said:

anthonyi said:

ashir21 said:

@anthonyi did anything come of that deal?

Yes. (See attached).
Some information on my deal - 36/15k in FL on a 16 JWU Sport S:
(Also see attached)
1. CC is giving 71% with .0235 (Best I MF could find anywhere).
2. MSRP $37110
3. $1910 off. (I was told this was dealer "cost".)
4. $0 down @ $463 / month
(I was told elsewhere that Ally is giving 78% but with .0325.)
Comments?

I'm close - $450/mo assuming 7% tax.

Probably as good as you're going to see. These are insanely popular.

---
I think you are right about my earlier post being a good deal.
In a previous deal that I walked away from (attached below), I was only able to get $385 with $3,000 down on $36,960.
And, no offer from this local dealer at all for 0 down so it's nice that the other dealer put all the numbers on one sheet (the deal I took was from a "mega" dealer).
---

qmahmood

Do you have the July residual/MF for the 2016 Wrangler Unlimited Sport (36/10 & 36/12)?

Thanks

loud0g40oz

What is the residual for a Wrangler Unlimited Rubicon in Ca? I special ordered one and it just came in.

36 month, 10k/12k/15k please.

kyfdx

qmahmood said:

Do you have the July residual/MF for the 2016 Wrangler Unlimited Sport (36/10 & 36/12)?

Thanks

Standard MF and 72%/71% residual

kyfdx

loud0g40oz said:

What is the residual for a Wrangler Unlimited Rubicon in Ca? I special ordered one and it just came in.

36 month, 10k/12k/15k please.

Standard MF and 63%/62%/60% residual

guzziguy

A couple of questions please.
Can you special order a new Jeep Wrangler Sport if you intend to lease it and still be eligible for lease incentives and is there a way of making a one time lease payment?

kyfdx

guzziguy said:

A couple of questions please.
Can you special order a new Jeep Wrangler Sport if you intend to lease it and still be eligible for lease incentives and is there a way of making a one time lease payment?

No idea about the ordering part, but I don't think Wranglers have lease incentives, anyway, do they?

Chrysler Capital may have a single-pay lease program, but we don't have any information on it.

johnciv6

Wrangler unlinited rubicon and sport 36/10 Washington

Mf and rv please? Thanks

anupam3

Hi Please tell me RV for 2016 Wrangler Unlimited (4doors), for 36/10 for Freedom, Sahara, Willys Wheeler W and Rubicon trims. I believe the MF is still the standard MF (.002).
Thanks a lot. Keep up the good work!

kyfdx

johnciv6 said:

Wrangler unlinited rubicon and sport 36/10 Washington

Mf and rv please? Thanks

Standard MF and 63% residual

kyfdx

anupam3 said:

Hi Please tell me RV for 2016 Wrangler Unlimited (4doors), for 36/10 for Freedom, Sahara, Willys Wheeler W and Rubicon trims. I believe the MF is still the standard MF (.002).
Thanks a lot. Keep up the good work!

Standard MF

72%/64%/72%/63% residual

anupam3

Thanks for the prompt reply. I forgot to ask the RV for Sport S. Could you let me know that as well. Thx

Michaell

anupam3 said:

Thanks for the prompt reply. I forgot to ask the RV for Sport S. Could you let me know that as well. Thx

64%

anupam3

Hi, I thought all variations of Sport i.e. (Sport S, Willy, Freedom) etc have the same residual. Freedom and Willys like you said have a RV of 72%, just wondering if RV for sport s should be 72% or not. This is for the unlimited right. Thanks.

Michaell

anupam3 said:

Hi, I thought all variations of Sport i.e. (Sport S, Willy, Freedom) etc have the same residual. Freedom and Willys like you said have a RV of 72%, just wondering if RV for sport s should be 72% or not. This is for the unlimited right. Thanks.

Sorry, unlimited sport s does have a 36/10 residual of 72%

anupam3

Michaell said:

anupam3 said:

Hi, I thought all variations of Sport i.e. (Sport S, Willy, Freedom) etc have the same residual. Freedom and Willys like you said have a RV of 72%, just wondering if RV for sport s should be 72% or not. This is for the unlimited right. Thanks.

Sorry, unlimited sport s does have a 36/10 residual of 72%

Thanks!!

kingofjericho

Did I read correctly above that the lower models (Sport, Willys) have a ~72% RV while the higher end Sahara, Rubi, and Rubi HR all have 63-64%?

Also, when do order banks open for 2017 and can you confirm the addition of LED headlights as standard on the Sahara and up models for next year? Thank you!

kingofjericho

All would be unlimited models, if that helps

kyfdx

kingofjericho said:

Did I read correctly above that the lower models (Sport, Willys) have a ~72% RV while the higher end Sahara, Rubi, and Rubi HR all have 63-64%?

Also, when do order banks open for 2017 and can you confirm the addition of LED headlights as standard on the Sahara and up models for next year? Thank you!

That's correct and typical for most make/models. Higher trim lines have lower percentage residuals.

No info on standard equipment.

anupam3

kyfdx said:

kingofjericho said:

Did I read correctly above that the lower models (Sport, Willys) have a ~72% RV while the higher end Sahara, Rubi, and Rubi HR all have 63-64%?

Also, when do order banks open for 2017 and can you confirm the addition of LED headlights as standard on the Sahara and up models for next year? Thank you!

That's correct and typical for most make/models. Higher trim lines have lower percentage residuals.

No info on standard equipment.

I know that residuals for higher trims are lower. But I have seen a difference of may be 2-4% in residuals among trims but 9% is crazy. A 40k Sport S will cost you like $100/month less than a $40k Sahara just because of that difference in residual.

Michaell

anupam3 said:

kyfdx said:

kingofjericho said:

Did I read correctly above that the lower models (Sport, Willys) have a ~72% RV while the higher end Sahara, Rubi, and Rubi HR all have 63-64%?

Also, when do order banks open for 2017 and can you confirm the addition of LED headlights as standard on the Sahara and up models for next year? Thank you!

That's correct and typical for most make/models. Higher trim lines have lower percentage residuals.

No info on standard equipment.

I know that residuals for higher trims are lower. But I have seen a difference of may be 2-4% in residuals among trims but 9% is crazy. A 40k Sport S will cost you like $100/month less than a $40k Sahara just because of that difference in residual.

And yet jeep is leasing or selling every one they make, regardless of trim level.

anupam3

Michaell said:

anupam3 said:

kyfdx said:

kingofjericho said:

Did I read correctly above that the lower models (Sport, Willys) have a ~72% RV while the higher end Sahara, Rubi, and Rubi HR all have 63-64%?

Also, when do order banks open for 2017 and can you confirm the addition of LED headlights as standard on the Sahara and up models for next year? Thank you!

That's correct and typical for most make/models. Higher trim lines have lower percentage residuals.

No info on standard equipment.

I know that residuals for higher trims are lower. But I have seen a difference of may be 2-4% in residuals among trims but 9% is crazy. A 40k Sport S will cost you like $100/month less than a $40k Sahara just because of that difference in residual.

And yet jeep is leasing or selling every one they make, regardless of trim level.

Can't argue with that.

npugs10

npugs10 said:

great forum. thank you all for your help. could you please tell me the MF and residual on: Wrangler Sport and Black Bear w/ automatic transmission Wrangler Unlimited Sport and Black Bear w/ automatic transmission I'm in NYC and looking for 36/12 or 36/10 Thanks in advance!

I had a friend of a friend in a NYC Chrysler dealer who wouldn't get too far into detail without me walking in the door but offered:

2016 wrangler unlimited sport 24s package
35,620 sticker and selling
36 mo / 12 k miles 
78% residual 
$340/mo
tax first month and fees up front rounded to 2,000

i know its vague and there's no wiggling or negotiating involved, but does that seem accurate? Seems like it would be standard MF. 

78% would seem to make it impossible to purchase at lease end, am I right?

Michaell

npugs10 said:

npugs10 said:

great forum. thank you all for your help.

could you please tell me the MF and residual on:

Wrangler Sport and Black Bear w/ automatic transmission
Wrangler Unlimited Sport and Black Bear w/ automatic transmission

I'm in NYC and looking for 36/12 or 36/10

Thanks in advance!

I had a friend of a friend in a NYC Chrysler dealer who wouldn't get too far into detail without me walking in the door but offered:

2016 wrangler unlimited sport 24s package
35,620 sticker and selling
36 mo / 12 k miles 
78% residual 
$340/mo
tax first month and fees up front rounded to 2,000

i know its vague and there's no wiggling or negotiating involved, but does that seem accurate? Seems like it would be standard MF. 

78% would seem to make it impossible to purchase at lease end, am I right?




With those prices, and assuming a .00200 MF, I get $344/mo before tax.

However, the only residual on the Sport that is 78% is for 24/10.

So, something seems off on the quote; the 24 month payment with the same numbers is $453/mo

And, both of my payment quotes are before tax.

anupam3

Hi again,

Here's the quote I got

MSRP 40265
Selling Price 39000 (This is the initial quote, I can try to negotiate)
Residual 72%
MF .0019
Term 36

- Fees - Total 985.27 (Breakdown as below)
L&T fees - 221
Acq fee 595
Doc Fee 169.27

- State/County tax is 9.5% - Total $1813.68
- USE tax for Chicago residents another 9% (The $ amount was not disclosed on the quote)

With 1502.54 due at delivery (which is 1000 down + first payment 502.54)
Monthly payment comes out to be $502.54

Now here are my questions for you Michaell:

My math shows, before tax payment of 406.78/month

State/County tax 9.5% of 406.78 = $38.64/month
State/County tax 9.5% of downpayment ($1000) = $2.64/month
Total State/County tax = $41.28/month ($1486.08 for term of lease vs $1813.68 as quoted)

Use tax 9% of $406.78 = $36.61/month (The $ amount was not disclosed on the quote)

Total payment = $484.67

They quoted $502.54 with 1000 down and first payment. Am I doing anything wrong here?

Also, shouldn't the acquisition fee be waived?

I just want to make sure my calculation are correct, especially the taxes before I try to negotiate any further.

Thanks a lot for all your help here.

kyfdx

anupam3 said:

Hi again,

Here's the quote I got

MSRP 40265
Selling Price 39000 (This is the initial quote, I can try to negotiate)
Residual 72%
MF .0019
Term 36

- Fees - Total 985.27 (Breakdown as below)
L&T fees - 221
Acq fee 595
Doc Fee 169.27

- State/County tax is 9.5% - Total $1813.68
- USE tax for Chicago residents another 9% (The $ amount was not disclosed on the quote)

With 1502.54 due at delivery (which is 1000 down + first payment 502.54)
Monthly payment comes out to be $502.54

Now here are my questions for you Michaell:

My math shows, before tax payment of 406.78/month

State/County tax 9.5% of 406.78 = $38.64/month
State/County tax 9.5% of downpayment ($1000) = $2.64/month
Total State/County tax = $41.28/month ($1486.08 for term of lease vs $1813.68 as quoted)

Use tax 9% of $406.78 = $36.61/month (The $ amount was not disclosed on the quote)

Total payment = $484.67

They quoted $502.54 with 1000 down and first payment. Am I doing anything wrong here?

Also, shouldn't the acquisition fee be waived?

I just want to make sure my calculation are correct, especially the taxes before I try to negotiate any further.

Thanks a lot for all your help here.

Rather than guess, ask them to explain their tax quote. Because that seems to be the whole difference between what you estimate and what they quote.

We show an acquisition fee waiver, but that may not be nationwide.

anupam3

kyfdx said:

anupam3 said:

Hi again,

Here's the quote I got

MSRP 40265
Selling Price 39000 (This is the initial quote, I can try to negotiate)
Residual 72%
MF .0019
Term 36

- Fees - Total 985.27 (Breakdown as below)
L&T fees - 221
Acq fee 595
Doc Fee 169.27

- State/County tax is 9.5% - Total $1813.68
- USE tax for Chicago residents another 9% (The $ amount was not disclosed on the quote)

With 1502.54 due at delivery (which is 1000 down + first payment 502.54)
Monthly payment comes out to be $502.54

Now here are my questions for you Michaell:

My math shows, before tax payment of 406.78/month

State/County tax 9.5% of 406.78 = $38.64/month
State/County tax 9.5% of downpayment ($1000) = $2.64/month
Total State/County tax = $41.28/month ($1486.08 for term of lease vs $1813.68 as quoted)

Use tax 9% of $406.78 = $36.61/month (The $ amount was not disclosed on the quote)

Total payment = $484.67

They quoted $502.54 with 1000 down and first payment. Am I doing anything wrong here?

Also, shouldn't the acquisition fee be waived?

I just want to make sure my calculation are correct, especially the taxes before I try to negotiate any further.

Thanks a lot for all your help here.

Rather than guess, ask them to explain their tax quote. Because that seems to be the whole difference between what you estimate and what they quote.

We show an acquisition fee waiver, but that may not be nationwide.

I took your advice and this is what I was told.

In addition to, on monthly payment, taxes are also paid on 1. Acq fee 2. Doc fee. 3. Manufacturer Cap cost reduction 4. Customer Cap cost reduction.

Most manufacturer cap cost reduction are taxable. So if you get a holiday credit of $2000, you pay tax on that. If you pay $1000 down, you pay tax on that as well.

I had no idea this is how taxes were calculated. Live and Learn

kyfdx

anupam3 said:

kyfdx said:

anupam3 said:

Hi again,

Here's the quote I got

MSRP 40265
Selling Price 39000 (This is the initial quote, I can try to negotiate)
Residual 72%
MF .0019
Term 36

- Fees - Total 985.27 (Breakdown as below)
L&T fees - 221
Acq fee 595
Doc Fee 169.27

- State/County tax is 9.5% - Total $1813.68
- USE tax for Chicago residents another 9% (The $ amount was not disclosed on the quote)

With 1502.54 due at delivery (which is 1000 down + first payment 502.54)
Monthly payment comes out to be $502.54

Now here are my questions for you Michaell:

My math shows, before tax payment of 406.78/month

State/County tax 9.5% of 406.78 = $38.64/month
State/County tax 9.5% of downpayment ($1000) = $2.64/month
Total State/County tax = $41.28/month ($1486.08 for term of lease vs $1813.68 as quoted)

Use tax 9% of $406.78 = $36.61/month (The $ amount was not disclosed on the quote)

Total payment = $484.67

They quoted $502.54 with 1000 down and first payment. Am I doing anything wrong here?

Also, shouldn't the acquisition fee be waived?

I just want to make sure my calculation are correct, especially the taxes before I try to negotiate any further.

Thanks a lot for all your help here.

Rather than guess, ask them to explain their tax quote. Because that seems to be the whole difference between what you estimate and what they quote.

We show an acquisition fee waiver, but that may not be nationwide.

I took your advice and this is what I was told.

In addition to, on monthly payment, taxes are also paid on 1. Acq fee 2. Doc fee. 3. Manufacturer Cap cost reduction 4. Customer Cap cost reduction.

Most manufacturer cap cost reduction are taxable. So if you get a holiday credit of $2000, you pay tax on that. If you pay $1000 down, you pay tax on that as well.

I had no idea this is how taxes were calculated. Live and Learn

I concur with that explanation. Those items are usually taxable.

rockychris

Hello. Looking for residuals for Wrangler Unlimited Sport S, Black Bear, and Sahara and Willys W. 48 months/15000. Thanks for your help!

wranglerme

Hi,

Looking for August updates.

Can I get 2016 Wrangler 2D 75th ed
Residuals for 36/12k and 36/10k?

Any big changes with Ally credit vs Chrysler credit on MF this month?

pelequero

Hello - looking for August figures for Unlimited Sport S for Long Island. 36/24 months @ 10K or 36/24 months @ 12K. Thanks in advance

kyfdx

rockychris said:

Hello. Looking for residuals for Wrangler Unlimited Sport S, Black Bear, and Sahara and Willys W. 48 months/15000. Thanks for your help!

Sahara: 56%
The rest: 64%

anderm30

Hello, can you tell me what the 24/10k numbers are on a Sport S Unlimited? Thanks.

Michaell

anderm30 said:

Hello, can you tell me what the 24/10k numbers are on a Sport S Unlimited? Thanks.

Standard MF (around .00200) and 78%

user2016

Hi Guys,

Looking for residual/MF on 36mo/10k lease for Unlimited Sport S, Black Bear and Willys W.

Thanks for your help!

kyfdx

user2016 said:

Hi Guys,

Looking for residual/MF on 36mo/10k lease for Unlimited Sport S, Black Bear and Willys W.

Thanks for your help!

All Standard MF and 72% residual

corry267

Hi Michaell, I am looking at the 2016 Wrangler 2dr Sport and Sport S. I am in NJ and leasing for 24 months with a mileage of 12K or 15K. What is the mp and residual? Thank you for your help!

Michaell

corry267 said:

Hi Michaell, I am looking at the 2016 Wrangler 2dr Sport and Sport S. I am in NJ and leasing for 24 months with a mileage of 12K or 15K. What is the mp and residual? Thank you for your help!

Standard MF (around .00200) and 61% for 24/15. Add 1% for 12K

corry267

Thanks! Also does Chrysler Capital include gap insurance?

Michaell

corry267 said:

Thanks! Also does Chrysler Capital include gap insurance?

It does.

kittyclaw

Hi, I'm looking for the Money Factor and Residual for a 2016 Jeep Wrangler Unlimited Sport 4x4 SUV in upstate NY 12090 and Vermont 05201? For both 24/mons and 36.

And mileage of 10k/12k if that is possible.

Thanks

Michaell

kittyclaw said:

Hi, I'm looking for the Money Factor and Residual for a 2016 Jeep Wrangler Unlimited Sport 4x4 SUV in upstate NY 12090 and Vermont 05201? For both 24/mons and 36.

And mileage of 10k/12k if that is possible.

Thanks

Around .00200 and 77% (24/12) or 71% (36/12). Add 1% for 10k

jeepguy23

Hello i would like the RV for 2016 Jeep Wrangler Unlimited Rubicon 4x4 SUV

45,215 MSRP

60048 North Chicago Area

payments before tax with 0 down if you could please.

Also in the same zipcode what is the RV on a Sahara Unlimited

Michaell

jeepguy23 said:

Hello i would like the RV for 2016 Jeep Wrangler Unlimited Rubicon 4x4 SUV

45,215 MSRP

60048 North Chicago Area

payments before tax with 0 down if you could please.

Also in the same zipcode what is the RV on a Sahara Unlimited

What lease term and how many miles per year?

Would need to know the adjusted cap cost in order to model a payment.

MF will be around .00200 for all Wrangler Unlimited