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2016 Jeep Grand Cherokee Lease Questions

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Comments

  • Hello, looking for MF and Residual in WI for a Jeep Grand Cherokee Overland 4x4 for 36/15 please. Thanks in advance.
  • MichaellMichaell ColoradoPosts: 134,980
    frank784 said:

    Hello, looking for MF and Residual in WI for a Jeep Grand Cherokee Overland 4x4 for 36/15 please. Thanks in advance.

    .00017 and 49%

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • Hello. looking for MF, Residual, incentives for 2016 Jeep Grand Cherokee 4x2 75th Anniv. Limited in Phoenix, AZ??
  • kyfdxkyfdx Posts: 143,239

    Hello. looking for MF, Residual, incentives for 2016 Jeep Grand Cherokee 4x2 75th Anniv. Limited in Phoenix, AZ??

    .00045 MF and 51% residual for 36/12.

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • Hi - Can you please help with the current MF and residual for a 2016 Jeep GC Summit 4x4 in southern California (LA) for 36/12 and 36/15? Thanks for your help!
  • kyfdxkyfdx Posts: 143,239
    qbraid05 said:

    Hi - Can you please help with the current MF and residual for a 2016 Jeep GC Summit 4x4 in southern California (LA) for 36/12 and 36/15? Thanks for your help!

    .00093 MF and 51%/49% residual

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • Hello, looking for MF and Residual in Southeast PA for a 2016 Jeep Grand Cherokee Overland 4x4 for 36/15 please. Thanks in advance.
  • kyfdxkyfdx Posts: 143,239
    mojo4sini said:

    Hello, looking for MF and Residual in Southeast PA for a 2016 Jeep Grand Cherokee Overland 4x4 for 36/15 please. Thanks in advance.

    .00017 MF and 49% residual

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • kyfdx said:

    mojo4sini said:

    Hello, looking for MF and Residual in Southeast PA for a 2016 Jeep Grand Cherokee Overland 4x4 for 36/15 please. Thanks in advance.

    .00017 MF and 49% residual
    Thank you. Could you also provide same info for a 2016 Limited 36/15, 39/15 and 42/15? Thanks in advance
  • kyfdxkyfdx Posts: 143,239
    mojo4sini said:

    kyfdx said:

    mojo4sini said:

    Hello, looking for MF and Residual in Southeast PA for a 2016 Jeep Grand Cherokee Overland 4x4 for 36/15 please. Thanks in advance.

    .00017 MF and 49% residual
    Thank you. Could you also provide same info for a 2016 Limited 36/15, 39/15 and 42/15? Thanks in advance
    .00067 MF and 52% residual
    .00067 MF and 50% residual
    .00047 MF and 47% residual

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • Hello, looking for MF and Residual value for a 2016 GC High Altitude for 36 months and 15,000 miles a year.

    Thanks in advance!
  • MichaellMichaell ColoradoPosts: 134,980
    pman1255 said:

    Hello, looking for MF and Residual value for a 2016 GC High Altitude for 36 months and 15,000 miles a year.

    Thanks in advance!

    4x4 or 4x2?

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • 4x2, Thanks Michaell
  • Michaell said:

    pman1255 said:

    Hello, looking for MF and Residual value for a 2016 GC High Altitude for 36 months and 15,000 miles a year.

    Thanks in advance!

    4x4 or 4x2?
    4x2
  • MichaellMichaell ColoradoPosts: 134,980
    pman1255 said:

    Michaell said:

    pman1255 said:

    Hello, looking for MF and Residual value for a 2016 GC High Altitude for 36 months and 15,000 miles a year.

    Thanks in advance!

    4x4 or 4x2?
    4x2
    .00045 and 48%

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • Michaell said:

    pman1255 said:

    Michaell said:

    pman1255 said:

    Hello, looking for MF and Residual value for a 2016 GC High Altitude for 36 months and 15,000 miles a year.

    Thanks in advance!

    4x4 or 4x2?
    4x2
    .00045 and 48%
    Great thanks! The dealership quoted me 54% RV and .00329 MF which seems extremely high or maybe they quoted me wrong?
  • MichaellMichaell ColoradoPosts: 134,980
    pman1255 said:

    Michaell said:

    pman1255 said:

    Michaell said:

    pman1255 said:

    Hello, looking for MF and Residual value for a 2016 GC High Altitude for 36 months and 15,000 miles a year.

    Thanks in advance!

    4x4 or 4x2?
    4x2
    .00045 and 48%
    Great thanks! The dealership quoted me 54% RV and .00329 MF which seems extremely high or maybe they quoted me wrong?
    Could be a third party bank - we don't have any numbers except for Chrysler Financial.

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • 2016 GRAND CHEROKEE LIMITED 4X4 75TH EDITION
    Please provide the RV and MF for 24/12k and 36/12k lease in Northern California (SF Bay Area).
    Thank you.
  • kyfdxkyfdx Posts: 143,239
    jonayd1 said:

    2016 GRAND CHEROKEE LIMITED 4X4 75TH EDITION
    Please provide the RV and MF for 24/12k and 36/12k lease in Northern California (SF Bay Area).
    Thank you.

    .00007 MF and 57% residual
    .00067 MF and 54% residual

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • rcabts123rcabts123 Posts: 2
    edited December 2016
    3 Part question:

    1) What's the month number (33, 36, 39, etc.) sweet spot for 10k miles for a 2016 Jeep Grand Cherokee High Altitude in MN?

    2) What's the MF & residual for that month number?

    3) Given that we're 29 days away from 2017, shouldn't we expect the MSRP of a "new" 2016 Jeep Grand Cherokee to drop quite a bit as soon as it hits 2017?

    Thanks a bunch! Really appreciate this forum.
  • MichaellMichaell ColoradoPosts: 134,980
    rcabts123 said:

    3 Part question:

    1) What's the month number (33, 36, 39, etc.) sweet spot for 10k miles for a 2016 Jeep Grand Cherokee High Altitude in MN?

    2) What's the MF & residual for that month number?

    3) Given that we're 29 days away from 2017, shouldn't we expect the MSRP of a "new" 2016 Jeep Grand Cherokee to drop quite a bit as soon as it hits 2017?

    Thanks a bunch! Really appreciate this forum.

    1. I will assume 4x4, given your location. 52% for 36/10
    2. .00017
    3. The MSRP won't change on cars that are already on the lot. The discounts may get better, but the lease numbers next month may get worse, to offset that.

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • 2016 Jeep GC Overland RWD Florida (36/10k and 36/12k).

    Does anyone know the MF and Residual on the above car for Florida in December? Also, any GC SRT numbers? Many thanks!
  • MichaellMichaell ColoradoPosts: 134,980
    onmyway5 said:

    2016 Jeep GC Overland RWD Florida (36/10k and 36/12k).

    Does anyone know the MF and Residual on the above car for Florida in December? Also, any GC SRT numbers? Many thanks!

    .00045 and 51% or 50%

    SRT - .00072 and 50% or 49%

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • 2016 JGC Limited 4x4 in NJ
    24/10
    24/12
    36/10
    36/12

    Thanks!
  • MichaellMichaell ColoradoPosts: 134,980

    2016 JGC Limited 4x4 in NJ
    24/10
    24/12
    36/10
    36/12

    Thanks!

    24/12 - .00007 and 57%
    36/12 - .00067 and 54%

    Add 1% for 10K

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • Michaell said:
    2016 JGC Limited 4x4 in NJ
    24/10
    24/12
    36/10
    36/12

    Thanks!
    24/12 - .00007 and 57% 36/12 - .00067 and 54% Add 1% for 10K
    Thanks so much, how about a 2016 JGC Laredo 4x4 NJ for:
    24/10
    36/10
    42/10
    48/10
  • kyfdxkyfdx Posts: 143,239


    Michaell said:

    2016 JGC Limited 4x4 in NJ
    24/10
    24/12
    36/10
    36/12

    Thanks!

    24/12 - .00007 and 57%
    36/12 - .00067 and 54%

    Add 1% for 10K

    Thanks so much, how about a 2016 JGC Laredo 4x4 NJ for:
    24/10
    36/10
    42/10
    48/10

    24/10: .00013 MF and 58% residual
    36/10: .00070 MF and 54% residual
    42/10: .00049 MF and 50% residual
    48/10: Not competitive

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • December Residual and MF for 2016 4x2 limited 75th anniversary 15k/36 month and 15k/24 month vs 2016 overland 15k/36month and 15k/24month please. I'm in Atlanta, GA
  • MichaellMichaell ColoradoPosts: 134,980
    teflon80 said:

    December Residual and MF for 2016 4x2 limited 75th anniversary 15k/36 month and 15k/24 month vs 2016 overland 15k/36month and 15k/24month please. I'm in Atlanta, GA

    24/15
    Ltd 75th - .00010 and 56%
    Overland - .00010 and 54%

    36/15
    Ltd 75th - .00045 and 49%
    Overland - .00045 and 48%

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • Could someone help with the MF and RV for a 2016 SRT Night in San Jose, CA. Looking at 36mo/12K. Thanks!
  • kyfdxkyfdx Posts: 143,239
    jppjr79 said:

    Could someone help with the MF and RV for a 2016 SRT Night in San Jose, CA. Looking at 36mo/12K. Thanks!

    .00072 MF and 49% residual

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • I asked for these same numbers in November, but didn't end up leasing. Can you please provide the current December MF and RV for a 2016 GC Overland High Altitude 4x4 in Northern Virginia or MD (36 month, 12k miles)? Thanks in advance.
  • MichaellMichaell ColoradoPosts: 134,980

    I asked for these same numbers in November, but didn't end up leasing. Can you please provide the current December MF and RV for a 2016 GC Overland High Altitude 4x4 in Northern Virginia or MD (36 month, 12k miles)? Thanks in advance.

    .00017 and 51% - both trims.

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • Hi,

    I was looking to lease a 2016 Jeep Grand Cherokee Limited 4x4. It has a Hemi V8, Power Sunroof, 8.4 Nav, Blindspot, All Season Tires, and 20" Aluminum Wheels. The MSRP is $48,480. I was able to negotiate them to $43,401. The sales tax is 9.8%. The terms were 36 Months/15K miles. The final monthly payment was $506/Mo with $4,500 Down.
    Is this a good deal? Should I negotiate them down further, if so how far down can I go?

    Thanks in advance for your help
  • MichaellMichaell ColoradoPosts: 134,980
    kgymef3 said:

    Hi,

    I was looking to lease a 2016 Jeep Grand Cherokee Limited 4x4. It has a Hemi V8, Power Sunroof, 8.4 Nav, Blindspot, All Season Tires, and 20" Aluminum Wheels. The MSRP is $48,480. I was able to negotiate them to $43,401. The sales tax is 9.8%. The terms were 36 Months/15K miles. The final monthly payment was $506/Mo with $4,500 Down.
    Is this a good deal? Should I negotiate them down further, if so how far down can I go?

    Thanks in advance for your help

    .00067 and 52%

    Using your prices, I get $699 with tax added in.

    What is the breakdown of the $4500 due at signing?

    On the surface, the deal looks pretty solid - but, we'd need the details to know for sure.

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • Looking to lease a 2016 GC High Altitude in Los Angeles. 24mo 15k. Can you give me the MF and residual. Thanks.
  • kyfdxkyfdx Posts: 143,239
    flyfish23 said:

    Looking to lease a 2016 GC High Altitude in Los Angeles. 24mo 15k. Can you give me the MF and residual. Thanks.

    .00029 MF and 56% residual
    27/15: .00024 MF and 55% residual

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • ryansiebeckerryansiebecker Posts: 37
    edited December 2016
    May I have the MF and residual for a Summit and Overland 4x4 in PA? Looking for 36mos/10k. Thanks in advance!
  • MichaellMichaell ColoradoPosts: 134,980

    May I have the MF and residual for a Summit and Overland 4x4 in PA? Looking for 36mos/10k. Thanks in advance!

    SUM - .00093 and 52%
    OVR - .00017 and 52%

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • mr_plpmr_plp Posts: 18
    May I have the MF and residual for a SRT in FL: 36 months(or best residual)/15k. Thanks!
  • kyfdxkyfdx Posts: 143,239
    mr_plp said:

    May I have the MF and residual for a SRT in FL: 36 months(or best residual)/15k. Thanks!

    .00072 MF and 49% residual (47% for 39/15)

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • marcot5724marcot5724 Posts: 1
    edited December 2016
    May I please have money factor and residual for a 2016 Overland for Overland Park, KS
    4x4, 39month, 12,000
  • kyfdxkyfdx Posts: 143,239

    May I please have money factor and residual for a 2016 Overland for Overland Park, KS
    4x4, 39month, 12,000

    .00017 MF and 49% residual

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • I need a bit of help here getting down to the correct lease number on a 2016 GC High Altitude in LA.

    Please let me know if scenario A or B is correct?

    Calculation A:

    MSRP: 49,080
    Selling Price: 43,330
    15k year
    Residual: 48%
    MF: .00045
    Tax: 9%
    Pmt: $600.69

    Calculation B:
    MSRP: 49,080
    Selling Price: 43,330
    15k year
    Residual: 48%
    MF: .00045
    Tax: 9%
    Pmt: $682.91

    Please let me know if one or these or another is correct? Each dealer is coming out with a different calculation.
  • NYC region (4x4)
    Looking for the Grand Cherokee, between Summit, Overland and Limited
    Best term (36 months?)
    15k miles

    Is it better for a 2016 or 2017, also what is the IDL rebate ?
    I'm getting a 2017 53k Overland for $489 monthly 39m/15k, with inception upfront out of pocket
    (bank, NY tax 8.875%, DMV, and first month, no cap cost), which sounds a bit on the expensive side
  • kyfdxkyfdx Posts: 143,239
    flyfish23 said:

    I need a bit of help here getting down to the correct lease number on a 2016 GC High Altitude in LA.

    Please let me know if scenario A or B is correct?

    Calculation A:

    MSRP: 49,080
    Selling Price: 43,330
    15k year
    Residual: 48%
    MF: .00045
    Tax: 9%
    Pmt: $600.69

    Calculation B:
    MSRP: 49,080
    Selling Price: 43,330
    15k year
    Residual: 48%
    MF: .00045
    Tax: 9%
    Pmt: $682.91

    Please let me know if one or these or another is correct? Each dealer is coming out with a different calculation.

    .00045 MF and 48% is correct for RWD version for 36/15.
    The numbers you want from each dealer is:
    Adjusted CAP cost
    Amount due at signing

    Those two numbers will tell you where the differences lie.

    It should be $579.31/mo.+tax = $631.45/mo.

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • kyfdxkyfdx Posts: 143,239

    NYC region (4x4)
    Looking for the Grand Cherokee, between Summit, Overland and Limited
    Best term (36 months?)
    15k miles

    Is it better for a 2016 or 2017, also what is the IDL rebate ?
    I'm getting a 2017 53k Overland for $489 monthly 39m/15k, with inception upfront out of pocket
    (bank, NY tax 8.875%, DMV, and first month, no cap cost), which sounds a bit on the expensive side

    Can't say which is better between the two model years, because the level of discounts/rebates can make all the difference.

    2016: 36/15
    LTD: .00067 MF and 52% residual
    OVR: .00017 MF and 49% residual
    SUM: .00093 MF and 49% residual
    Subtract 2% from residual for 39/15.

    That 2017 deal looks pretty good, from here.
    But, the 2017 discussion is here:
    https://forums.edmunds.com/discussion/42511/jeep/grand-cherokee/2017-jeep-grand-cherokee-lease-questions#latest

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • jkedmundsjkedmunds Posts: 2
    edited December 2016
    2016 Summit Ecodiesel demo model (already has 5k miles on odometer). $54k is the selling price. NJ sales tax of 7%.

    Can I get Residual and MF for the following options?:
    - 24 Months / 15k miles per year
    - 36 Months / 15k Miles per year
  • MichaellMichaell ColoradoPosts: 134,980
    jkedmunds said:

    2016 Summit Ecodiesel demo model (already has 5k miles on odometer). $54k is the selling price. NJ sales tax of 7%.

    Can I get Residual and MF for the following options?:
    - 24 Months / 15k miles per year
    - 36 Months / 15k Miles per year

    Assuming 4x4 ...

    24/15 - .00015 and 54%
    36/15 - .00093 and 51%

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • lambrettastarrlambrettastarr Posts: 5
    edited December 2016
    Hi - I have an offer for a 2016 Jeep Grand Cherokee Overland 4x2 in Austin, TX for 549.00 per month including taxes etc..

    39/12 MF.00048 Residual 48%. MSRP is $48,180 and $8050 in discounts/rebates.

    Rolling in roughly 2000.00 in remaining payments rolled in. Adjusted total cap cost (incl taxes and title fees) is 45,507.13

    Is this a good deal? I have 4 months remaining on a current lease - but if the prices for a similarly situated lease will be subject to fewer discounts in June, I would pull the trigger now.

    Thanks!

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