2016 Jeep Grand Cherokee Lease Questions

joee298

Hi,

Thanks for all the help over here. I'm looking at a Maryland, 36 month 12/yr Lease for a Jeep GC Limited 4x4 -

MSRP = $42450
Price offered after discounts - $37150

I'm getting MF of .000128 and haven't yet had a chance to look at the residuals. My calculations show a $387 monthly payment (pre-tax and pre-delivery/processing charges) based on the provided MF and a $2500 down-payment. Is this accurate and if so is this a reasonable price?

Michaell

joee298 said:

Hi,

Thanks for all the help over here. I'm looking at a Maryland, 36 month 12/yr Lease for a Jeep GC Limited 4x4 -

MSRP = $42450
Price offered after discounts - $37150

I'm getting MF of .000128 and haven't yet had a chance to look at the residuals. My calculations show a $387 monthly payment (pre-tax and pre-delivery/processing charges) based on the provided MF and a $2500 down-payment. Is this accurate and if so is this a reasonable price?

.00082 and 55% are the 36/12 numbers from Chrysler Finance.

With your prices, I get $433/mo before tax.

Confirm the adjusted cap cost, amount due at signing and whether this is a Chrysler sourced lease.

joee298

Is the $433 a month (pre-tax) with the $2500 down payment?

Michaell

joee298 said:

Is the $433 a month (pre-tax) with the $2500 down payment?

I simply used the numbers you provided. I assumed the $2500 went to up front costs and that your selling price is the cap cost.

joee298

Thanks!. I guess I'll have to negotiate with the MF they are using. Two dealers in my area have offered me the exact factor - .00126. I actually did not factor in the $2500 into the sales price but I guess the cap cost would come down further if I decided to put that much down.

Michaell

joee298 said:

Thanks!. I guess I'll have to negotiate with the MF they are using. Two dealers in my area have offered me the exact factor - .00126. I actually did not factor in the $2500 into the sales price but I guess the cap cost would come down further if I decided to put that much down.

The dealer can mark up the MF on Chrysler Capital funded leases by .00042.

Ask the dealers what bank they are using. It's possible they are using a 3rd party bank - we don't have those numbers, but they often come with bigger rebates to bring the price down.

joee298

Thank you Michaell for helping me figure this out. Your calculations were spot on. Went in to a different dealer last night and he offered the fair MF (0.00082) instead of the higher percentage that was being offered by others in my area. Since he had a different car the MSRP went up to $42700 and the negotiated price to $37278 for the Limited 4x4 with 23H and Nav. I paid only taxes, title/registration and processing charges (you take a big hit in MD with taxes, even on a lease) and the monthly payment for 12K/yr - 3 years comes in at $432.65.

kyfdx

joee298 said:

Thank you Michaell for helping me figure this out. Your calculations were spot on. Went in to a different dealer last night and he offered the fair MF (0.00082) instead of the higher percentage that was being offered by others in my area. Since he had a different car the MSRP went up to $42700 and the negotiated price to $37278 for the Limited 4x4 with 23H and Nav. I paid only taxes, title/registration and processing charges (you take a big hit in MD with taxes, even on a lease) and the monthly payment for 12K/yr - 3 years comes in at $432.65.

Congrats on the new Jeep!

hillestadk

Looking for residual and MF and any lease cash available for a Grand Cherokee Overland/High Altitude 24/15 and 36/15 in South Florida

eoseire

Hi, can you provide the MF and Residual for a 2016 GRAND CHEROKEE LIMITED 4X2 in SF, CA?
36 months/15K please. Thank you!

Michaell

hillestadk said:

Looking for residual and MF and any lease cash available for a Grand Cherokee Overland/High Altitude 24/15 and 36/15 in South Florida

4x4 or 4x2?

Michaell

eoseire said:

Hi, can you provide the MF and Residual for a 2016 GRAND CHEROKEE LIMITED 4X2 in SF, CA?
36 months/15K please. Thank you!

.00061 and 50%

regs213

Hello, can you provide the MF and residual for a Grand Cherokee Limited 4x4 36 months 12k and 15k miles in IL? Thank you!!!

carmaster1

Hello, can you provide MF and residual for 16 overland high altitude 2wd and 4wd for 36/12 and 36/15 in Texas? Thanks

hillestadk

Michaell said:

hillestadk said:

Looking for residual and MF and any lease cash available for a Grand Cherokee Overland/High Altitude 24/15 and 36/15 in South Florida

4x4 or 4x2?

4x2 Thanks

Michaell

regs213 said:

Hello, can you provide the MF and residual for a Grand Cherokee Limited 4x4 36 months 12k and 15k miles in IL? Thank you!!!

.00082 and 55% or 53%

Michaell

carmaster1 said:

Hello, can you provide MF and residual for 16 overland high altitude 2wd and 4wd for 36/12 and 36/15 in Texas? Thanks

36/15
4x4 .00053 and 51%
4x2 .00061 and 49%

Add 2% for 12k

Michaell

hillestadk said:

Michaell said:

hillestadk said:

Looking for residual and MF and any lease cash available for a Grand Cherokee Overland/High Altitude 24/15 and 36/15 in South Florida

4x4 or 4x2?

4x2 Thanks

Same numbers for both trims
24/15 .00002 and 55%
36/15 .00061 and 49%

eoseire

Hi,

Can you provide the MF and Residual for a

2016 GRAND CHEROKEE Laredo 4X2
2016 GRAND CHEROKEE Laredo 4X4
2016 GRAND CHEROKEE 75th Anniversary 4X2
2016 GRAND CHEROKEE 75th Anniversary 4X4

in SF, CA?
36 months/15K please. Thank you!

Michaell

eoseire said:

Hi,

Can you provide the MF and Residual for a

2016 GRAND CHEROKEE Laredo 4X2
2016 GRAND CHEROKEE Laredo 4X4
2016 GRAND CHEROKEE 75th Anniversary 4X2
2016 GRAND CHEROKEE 75th Anniversary 4X4

in SF, CA?
36 months/15K please. Thank you!

4x4 .00086 and 53% both trims

4x2
LAR .00085 and 51%
75 .00061 and 50%

l_p_v_99

Hi there,
Can I get MF and Residual for 2016 GC and a 2015 GC in Washington DC. 36months, 12k.
Thank you in advance!

Michaell

l_p_v_99 said:

Hi there,
Can I get MF and Residual for 2016 GC and a 2015 GC in Washington DC. 36months, 12k.
Thank you in advance!

No 2015 lease numbers

What trim level? 4x4 or 4x2?

l_p_v_99

Michaell said:

l_p_v_99 said:

Hi there,
Can I get MF and Residual for 2016 GC and a 2015 GC in Washington DC. 36months, 12k.
Thank you in advance!

No 2015 lease numbers

What trim level? 4x4 or 4x2?

4x4

kyfdx

l_p_v_99 said:

Michaell said:

l_p_v_99 said:

Hi there,
Can I get MF and Residual for 2016 GC and a 2015 GC in Washington DC. 36months, 12k.
Thank you in advance!

No 2015 lease numbers

What trim level? 4x4 or 4x2?

4x4

Okay... what trim? (about 7 choices)

jsbeach209

Hi, May I have Money factor and Residual on a 2016 Jeep Grand Cherokee SRT Night edition. 27/15k /36/15k in Pa. Thanks in advance.

l_p_v_99

kyfdx said:

l_p_v_99 said:

Michaell said:

l_p_v_99 said:

Hi there,
Can I get MF and Residual for 2016 GC and a 2015 GC in Washington DC. 36months, 12k.
Thank you in advance!

No 2015 lease numbers

What trim level? 4x4 or 4x2?

4x4

Okay... what trim? (about 7 choices)

Man I made this way more difficult than it needed to be, huh? Sorry about that. Let's try this again...

2016 Jeep Grand Cherokee 4x4
Washington DC
36 month, 12k miles
Limited & Limited 75th Anniversary

Thanks!

Michaell

jsbeach209 said:

Hi, May I have Money factor and Residual on a 2016 Jeep Grand Cherokee SRT Night edition. 27/15k /36/15k in Pa. Thanks in advance.

27/15 - .00037 and 52%
36/15 - .00089 and 49%

Michaell

l_p_v_99 said:

kyfdx said:

l_p_v_99 said:

Michaell said:

l_p_v_99 said:

Hi there,
Can I get MF and Residual for 2016 GC and a 2015 GC in Washington DC. 36months, 12k.
Thank you in advance!

No 2015 lease numbers

What trim level? 4x4 or 4x2?

4x4

Okay... what trim? (about 7 choices)

Man I made this way more difficult than it needed to be, huh? Sorry about that. Let's try this again...

2016 Jeep Grand Cherokee 4x4
Washington DC
36 month, 12k miles
Limited & Limited 75th Anniversary

Thanks!

Now we can answer your questions.

.00082 and 55% for both trims.

mvpsquared

Hello, can you provide the MF and residual for a 2016 Grand Cherokee Limited and 75th limited 4x2 36 months 12k and 15k miles in AZ? Thank you!!!

Michaell

mvpsquared said:

Hello, can you provide the MF and residual for a 2016 Grand Cherokee Limited and 75th limited 4x2 36 months 12k and 15k miles in AZ? Thank you!!!

.00082 and 53% for 36/15. Add 2% for 12K

tbbuc

Looking for lease values (MF and Residuals) for a 2016 Grand Cherokee Limited 75th, 4x4, for either 10k or 12k in Georgia. Thanks.

Michaell

tbbuc said:

Looking for lease values (MF and Residuals) for a 2016 Grand Cherokee Limited 75th, 4x4, for either 10k or 12k in Georgia. Thanks.

.00082 and 56% / 55%

tbbuc

what about 2016 GC overland 4x4 10k and 12k? Same as 75th limited? Thanks!

mrmilzo

Hello! Can you tell me the MF & RV for a 2016 GC Limited 4x4 in Cleveland Oh 36/12 please.

mrmilzo

mrmilzo said:

Hello! Can you tell me the MF & RV for a 2016 GC Limited 4x4 in Cleveland Oh 36/12 please.

And 42/12 please. Thank you!

kyfdx

tbbuc said:

what about 2016 GC overland 4x4 10k and 12k? Same as 75th limited? Thanks!

.00053 MF and 54%/53% residual

kyfdx

mrmilzo said:

mrmilzo said:

Hello! Can you tell me the MF & RV for a 2016 GC Limited 4x4 in Cleveland Oh 36/12 please.

And 42/12 please. Thank you!

.00082 MF and 55% residual.
.00063 MF and 50% residual

tbbuc

What are numbers for 2016 4x2 GC limited  for 36 or 39 mos at 10 or 12k in GA?  

Michaell

tbbuc said:

What are numbers for 2016 4x2 GC limited  for 36 or 39 mos at 10 or 12k in GA?  

.00082 and 55% for 36/12. Add 1% for 10k

Subtract 2% for 39 months.

marczami21

Hi guys: Looking to lease an 2016 Jeep GC Overland in Southern California. 2016 $50k MSRP. Dealer is quoting me $570/month (includes tax).
36 months/12k
53% with 0.00082

seems like a good deal. anything I'm missing?

Michaell

marczami21 said:

Hi guys: Looking to lease an 2016 Jeep GC Overland in Southern California. 2016 $50k MSRP. Dealer is quoting me $570/month (includes tax).
36 months/12k
53% with 0.00082

seems like a good deal. anything I'm missing?

4x4 or 4x2? Either way, MF is marked up. Just can't tell you the base rate.

marczami21

marczami21 said:
Hi guys: Looking to lease an 2016 Jeep GC Overland in Southern California. 2016 $50k MSRP. Dealer is quoting me $570/month (includes tax).
36 months/12k
53% with 0.00082

seems like a good deal. anything I'm missing?


4x4

marczami21

Michaell said:

marczami21 said:

Hi guys: Looking to lease an 2016 Jeep GC Overland in Southern California. 2016 $50k MSRP. Dealer is quoting me $570/month (includes tax).
36 months/12k
53% with 0.00082

seems like a good deal. anything I'm missing?

4x4 or 4x2? Either way, MF is marked up. Just can't tell you the base rate.

4x4. Base Rate is $44,385

Michaell

marczami21 said:

Michaell said:

marczami21 said:

Hi guys: Looking to lease an 2016 Jeep GC Overland in Southern California. 2016 $50k MSRP. Dealer is quoting me $570/month (includes tax).
36 months/12k
53% with 0.00082

seems like a good deal. anything I'm missing?

4x4 or 4x2? Either way, MF is marked up. Just can't tell you the base rate.

4x4. Base Rate is $44,385

.00053 and 53%.

marczami21

Michaell said:

marczami21 said:

Michaell said:

marczami21 said:

Hi guys: Looking to lease an 2016 Jeep GC Overland in Southern California. 2016 $50k MSRP. Dealer is quoting me $570/month (includes tax).
36 months/12k
53% with 0.00082

seems like a good deal. anything I'm missing?

4x4 or 4x2? Either way, MF is marked up. Just can't tell you the base rate.

4x4. Base Rate is $44,385

.00053 and 53%.

thanks

mvpsquared

Hi Michaell, I was curious where do you get the lease rates from? Thank you for your assistance.

Michaell

mvpsquared said:

Hi Michaell, I was curious where do you get the lease rates from? Thank you for your assistance.

That information is confidential.

mvpsquared

Thank you for your previous replies! Can you provide MF and Residual for 2016 75th Laredo in AZ? Thanks again!

Michaell

mvpsquared said:

Thank you for your previous replies! Can you provide MF and Residual for 2016 75th Laredo in AZ? Thanks again!

RWD or AWD? Lease term and miles per year?

mvpsquared

Michaell said:

mvpsquared said:

Thank you for your previous replies! Can you provide MF and Residual for 2016 75th Laredo in AZ? Thanks again!

RWD or AWD? Lease term and miles per year?

for both RWD and AWD 36mo 12k and 42mo 12k