Grand Cherokee Limited lease

medina10medina10 Member Posts: 2
edited October 2015 in Jeep
Hello. New to this. Need help plz Looking to lease GC Limited RWD San Diego CA MSRP 42,490 Net cost according to dealer 38,189 after discounts Zero down 36/10 Credit is golden 810 What can I realistically look to pay per month including tax 8%? They quoted $602/. Told them I could finance zero down for 20 more per month. Your help is much appreciated

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  • kyfdxkyfdx Moderator Posts: 197,932
    medina10 said:

    Hello. New to this. Need help plz
    Looking to lease GC Limited RWD
    San Diego CA

    MSRP 42,490
    Net cost according to dealer
    38,189 after discounts
    Zero down
    36/10
    Credit is golden 810

    What can I realistically look to pay per month including tax 8%?

    They quoted $602/. Told them I could finance zero down for 20 more per month.

    Your help is much appreciated

    .00066 MF and 51% residual.

    If your fees and first payment are paid upfront, I get $498/mo.+tax.

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  • medina10medina10 Member Posts: 2
    Thanks for your help. Pardon my ignorance but what would be those fees and Aprox $$? 
    Is the residual based off of the net price? 

    If fees are rolled into price (if possible) how much would payment go up?

     Thanks once again.
  • kyfdxkyfdx Moderator Posts: 197,932
    medina10 said:

    Thanks for your help. Pardon my ignorance but what would be those fees and Aprox $$? 
    Is the residual based off of the net price? 

    If fees are rolled into price (if possible) how much would payment go up?

     Thanks once again.

    The residual percentage is always applied to the full MSRP (bottom line on the Monroney sticker).

    The acquisition fee is waived this month, but title/registration/doc fees in CA average about 1.1% of MSRP. (So, around $500)

    That would only add about $15/mo.

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