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2016 Jeep Grand Cherokee Lease Questions

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Comments

  • Numbers in Southern California for 4x2 and 4x4 Laredo and Limited, 36/10 and 36/12. Trying to find the best leasing model. Thanks!
  • MichaellMichaell ColoradoPosts: 130,636
    mattyfo0z said:

    Numbers in Southern California for 4x2 and 4x4 Laredo and Limited, 36/10 and 36/12. Trying to find the best leasing model. Thanks!

    36/12 numbers:
    4x4 Laredo - .00090 and 57%
    4x4 Limited - .00089 and 57%
    4x2 Laredo - .00087 and 55%
    4x2 Limited - .00059 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

  • diggssss said:
    Hi - trying to understand if I am getting a good deal. Looking at a 2016 Grand Cherokee Limited 4x4 with 12k miles, 20in wheels, NAV and Sunroof. List is $44,295 negotiated down to $38,072. Lease is $431 all in, $0 down, no fees, nothing out of my pocket. This is in NJ.

    Do you mind sharing what dealership this is in NJ?
  • Hi, Looking for Money Factor and Residual value 36/15 for a 2017 Summit 4x4 V8 in Pa. Thanks in advance.
  • kyfdxkyfdx Posts: 137,983

    Hi, Looking for Money Factor and Residual value 36/15 for a 2017 Summit 4x4 V8 in Pa. Thanks in advance.

    We don't have any info on the 2017 Grand Cherokee.

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

    Edmunds Moderator

  • jmack3gjmack3g Posts: 2
    Hey, looking for MF and RV for 2016 Grnad Cherokee Overland 4x2. No additional options, 36m/12k in Florida. Thanks!
  • MichaellMichaell ColoradoPosts: 130,636
    jmack3g said:

    Hey, looking for MF and RV for 2016 Grnad Cherokee Overland 4x2. No additional options, 36m/12k in Florida. Thanks!

    .00039 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

  • diggssss said:

    Hi - trying to understand if I am getting a good deal. Looking at a 2016 Grand Cherokee Limited 4x4 with 12k miles, 20in wheels, NAV and Sunroof. List is $44,295 negotiated down to $38,072. Lease is $431 all in, $0 down, no fees, nothing out of my pocket. This is in NJ.

    Any reactions to this would be very much appreciated!

    May I ask what part of NJ you found this deal? Thanks.
  • fsem2016fsem2016 Posts: 12
    Hi all,

    looking for MF and Residual for 2016 overland 4x4 in Connecticut. Also, wondering how hte moderators are able to access this information??

    Thanks
  • kyfdxkyfdx Posts: 137,983
    fsem2016 said:

    Hi all,

    looking for MF and Residual for 2016 overland 4x4 in Connecticut. Also, wondering how hte moderators are able to access this information??

    Thanks

    .00037 MF and 52% residual for 36/15.

    Our sources are confidential.

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

    Edmunds Moderator

  • fsem2016fsem2016 Posts: 12
    edited August 2016
    got it, thanks..

    Sorry, should have specified mileage.. Would you mind providing numbers for the following as well?

    - 36/12
    - 39/12
    - 39/15

    Many thanks..
  • diggssssdiggssss Posts: 20
    edited August 2016
    larry248 said:

    diggssss said:
    Hi - trying to understand if I am getting a good deal. Looking at a 2016 Grand Cherokee Limited 4x4 with 12k miles, 20in wheels, NAV and Sunroof. List is $44,295 negotiated down to $38,072. Lease is $431 all in, $0 down, no fees, nothing out of my pocket. This is in NJ.

    Do you mind sharing what dealership this is in NJ?

    Hudson Jeep in Jersey City. I bought the truck today, but decided on a 75th Ann Limited. Love it. Same exact deal but different car. Salesperson is Aaron. I told about the interest and he said to tell folks to mention my name - Moe - when speaking with him. He'll take care of you, good guy.
  • kyfdxkyfdx Posts: 137,983
    fsem2016 said:

    got it, thanks..

    Sorry, should have specified mileage.. Would you mind providing numbers for the following as well?

    - 36/12
    - 39/12
    - 39/15

    Many thanks..

    Add 2% for 36/12.

    39 month residuals are 3% lower than 36 months.

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

    Edmunds Moderator

  • gh0385gh0385 Posts: 13
    diggssss said:

    larry248 said:

    diggssss said:
    Hi - trying to understand if I am getting a good deal. Looking at a 2016 Grand Cherokee Limited 4x4 with 12k miles, 20in wheels, NAV and Sunroof. List is $44,295 negotiated down to $38,072. Lease is $431 all in, $0 down, no fees, nothing out of my pocket. This is in NJ.

    Do you mind sharing what dealership this is in NJ?

    Hudson Jeep in Jersey City. I bought the truck today, but decided on a 75th Ann Limited. Love it. Same exact deal but different car. Salesperson is Aaron. I told about the interest and he said to tell folks to mention my name - Moe - when speaking with him. He'll take care of you, good guy.

    Hey Moe, quick question

    I went shopping myself.. looking at a $44,495 car as well. What bank did you lease through? And if you also don't mind me asking, what rebates did they apply to the deal?

  • diggssssdiggssss Posts: 20
    gh0385 said:

    diggssss said:

    larry248 said:

    diggssss said:
    Hi - trying to understand if I am getting a good deal. Looking at a 2016 Grand Cherokee Limited 4x4 with 12k miles, 20in wheels, NAV and Sunroof. List is $44,295 negotiated down to $38,072. Lease is $431 all in, $0 down, no fees, nothing out of my pocket. This is in NJ.

    Do you mind sharing what dealership this is in NJ?

    Hudson Jeep in Jersey City. I bought the truck today, but decided on a 75th Ann Limited. Love it. Same exact deal but different car. Salesperson is Aaron. I told about the interest and he said to tell folks to mention my name - Moe - when speaking with him. He'll take care of you, good guy.

    Hey Moe, quick question

    I went shopping myself.. looking at a $44,495 car as well. What bank did you lease through? And if you also don't mind me asking, what rebates did they apply to the deal?

    Hey - they used US Bank. Said Chrysler capital was no good right now. Didn't matter to me really who they used. I don't know exactly what rebates but it was about $6000 worth, then 1% more corporate discount added. So if you work for a company like JP Morgan or Citi or another large corporation you can get a rebate. Must prove you work there with a work ID. Call Aaron, tell him we spoke on a forum. I just got the car on Saturday so it's all still fresh. Still waiting for him to tell me my plates are in. Also, they have lots 2017 limiteds in the back lot, he can show you. They can't sell them yet but they have them. They are exactly the same as the 75th swapping the bronze for chrome trim/dark gray rims. My lease is $431/12k/39 months all in. I paid only 1st month at signing. Any other questions, feel free to ask.
  • hwajid2hwajid2 Posts: 15
    Hi! Do you have MF and RV for 2016 Grand Cherokee Overland AWD 36/12K, 24/12K, for MI and IL
  • MichaellMichaell ColoradoPosts: 130,636
    hwajid2 said:

    Hi! Do you have MF and RV for 2016 Grand Cherokee Overland AWD 36/12K, 24/12K, for MI and IL

    24/12 - .00002 and 58%
    36/12 - .00037 and 54%

    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

  • shazamshazam Posts: 11
    Hello

    I am looking for Residual and MF in Long Island, New York area:

    4X4 Laredo (75th Ann)
    4X4 Limited

    12k/36
    15k/36
    15k/24

    Thank You
  • MichaellMichaell ColoradoPosts: 130,636
    shazam said:

    Hello

    I am looking for Residual and MF in Long Island, New York area:

    4X4 Laredo (75th Ann)
    4X4 Limited

    12k/36
    15k/36
    15k/24

    Thank You

    24/15
    Laredo 75th - .00017 and 59%
    Limited - .00015 and 59%

    36/15
    Laredo 75th - .00090 and 55%
    Limited - .00089 and 55%
    Add 2% for 12K

    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

  • shazamshazam Posts: 11
    Michaell said:

    shazam said:

    Hello

    I am looking for Residual and MF in Long Island, New York area:

    4X4 Laredo (75th Ann)
    4X4 Limited

    12k/36
    15k/36
    15k/24

    Thank You

    24/15
    Laredo 75th - .00017 and 59%
    Limited - .00015 and 59%

    36/15
    Laredo 75th - .00090 and 55%
    Limited - .00089 and 55%
    Add 2% for 12K
    Thank you very much :D
  • BEEMERXBEEMERX Posts: 15
    edited August 2016
    @Michaell Do you have residual and MF for Overland 2017 model? NYC 36 month, 12k miles (or the minimum im used to 10k with bmw, does Jeep offer 10k?)
  • MichaellMichaell ColoradoPosts: 130,636
    BEEMERX said:

    @Michaell Do you have residual and MF for Overland 2017 model? NYC 36 month, 12k miles (or the minimum im used to 10k with bmw, does Jeep offer 10k?)

    No 2017 Grand Cherokee lease numbers, yet.

    Perhaps in September.

    Yes, Chrysler Capital offers 10K mileage.

    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, what is the residual and MF for the following terms in 48067? Looking for a GC Laredo 4x4 3.6L V6.

    10k/24 mo
    10k/36 mo

    Thanks!
  • Hello, I am looking for Residual and MF in Central New Jersey:

    4X4 Laredo (75th Ann)
    4X4 Limited

    12k/36
    12k/39
    10k/36
    10k/39

    Thanks in advance!
  • BEEMERXBEEMERX Posts: 15
    edited August 2016
    @Michaell & @kyfdx

    I just got a deal, can you please tell me if its a good one.

    4x4 overland msrp: 51,085

    36 months/10k miles..

    515/month tax inc. NYS


    thank you guys in advance
  • kyfdxkyfdx Posts: 137,983
    turbo340 said:

    Hi, what is the residual and MF for the following terms in 48067? Looking for a GC Laredo 4x4 3.6L V6.

    10k/24 mo
    10k/36 mo

    Thanks!

    .00017 MF and 61% residual
    .00090 MF and 58% residual

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

    Edmunds Moderator

  • kyfdxkyfdx Posts: 137,983
    iamsamiam said:

    Hello, I am looking for Residual and MF in Central New Jersey:

    4X4 Laredo (75th Ann)
    4X4 Limited

    12k/36
    12k/39
    10k/36
    10k/39

    Thanks in advance!

    Laredo 75th: .00090 MF and 57%/54% residual
    Limited: .00089 MF and 57%/54% residual

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

    Edmunds Moderator

  • kyfdxkyfdx Posts: 137,983
    BEEMERX said:

    @Michaell & @kyfdx

    I just got a deal, can you please tell me if its a good one.

    4x4 overland msrp: 51,085

    36 months/10k miles..

    515/month tax inc. NYS


    thank you guys in advance

    .00037 MF and 55% residual.

    No idea, without a selling price and/or CAP cost.
    Or, how much due at signing.

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

    Edmunds Moderator

  • BEEMERXBEEMERX Posts: 15
    kyfdx said:
    @Michaell & @kyfdx I just got a deal, can you please tell me if its a good one. 4x4 overland msrp: 51,085 36 months/10k miles.. 515/month tax inc. NYS thank you guys in advance
    .00037 MF and 55% residual. No idea, without a selling price and/or CAP cost. Or, how much due at signing.

    Not sure of the selling price...do you know what is generally a good discount off the msrp on this type of model? At signing in paying $1400 (first month, DMV, bank fee). 
  • kyfdxkyfdx Posts: 137,983
    BEEMERX said:


    kyfdx said:

    BEEMERX said:

    @Michaell & @kyfdx

    I just got a deal, can you please tell me if its a good one.

    4x4 overland msrp: 51,085

    36 months/10k miles..

    515/month tax inc. NYS


    thank you guys in advance

    .00037 MF and 55% residual.

    No idea, without a selling price and/or CAP cost.
    Or, how much due at signing.

    Not sure of the selling price...do you know what is generally a good discount off the msrp on this type of model? At signing in paying $1400 (first month, DMV, bank fee). 

    We don't track selling prices.
    Though $1400 upfront and $515/mo. looks pretty good for a $51K MSRP vehicle.

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

    Edmunds Moderator

  • Hey can any tell me the MF and RV for a 2016 grand Cherokee Overland at 36/12,000
    thank you so much!! 
  • kyfdxkyfdx Posts: 137,983

    Hey can any tell me the MF and RV for a 2016 grand Cherokee Overland at 36/12,000
    thank you so much!! 

    .00037 MF and 54% residual

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

    Edmunds Moderator

  • Thank you 
  • pikarupikaru Posts: 22
    Could you give me numbers for an Overland 4X2 and Summit 4X2  for Nevada? 36/12 and if possible 39/12?
  • nicksmu17nicksmu17 Posts: 165
    What about MF and residual on a 36/10 2016 SRT, Limited, Overland, and summit? Sorry for so many, but there are so many different models...In Illinois

    Thanks
  • nicksmu17nicksmu17 Posts: 165
    4/4 all of them
  • kyfdxkyfdx Posts: 137,983
    pikaru said:

    Could you give me numbers for an Overland 4X2 and Summit 4X2  for Nevada? 36/12 and if possible 39/12?

    OVL: .00039 MF and 52%/50% residual
    SUM: .00093 MF and 51%/48% residual

    Those numbers expire at end of today.

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

    Edmunds Moderator

  • kyfdxkyfdx Posts: 137,983
    nicksmu17 said:

    What about MF and residual on a 36/10 2016 SRT, Limited, Overland, and summit? Sorry for so many, but there are so many different models...In Illinois

    Thanks

    OVL: .00037 MF and 55% residual
    LTD: .00089 MF and 58% residual
    SUM: .00109 MF and 55% residual
    SRT: .00076 MF and 54% residual

    Numbers expire at end of day.

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

    Edmunds Moderator

  • Understand. Hope its a baseline for september... I will check back in a couple days to see if they change drastically
  • Thanks Again for all the help
  • MichaellMichaell ColoradoPosts: 130,636
    kyfdx said:

    nicksmu17 said:

    What about MF and residual on a 36/10 2016 SRT, Limited, Overland, and summit? Sorry for so many, but there are so many different models...In Illinois

    Thanks

    OVL: .00037 MF and 55% residual
    LTD: .00089 MF and 58% residual
    SUM: .00109 MF and 55% residual
    SRT: .00076 MF and 54% residual

    Numbers expire at end of day.
    September numbers are out; assuming AWD for each:

    OVL - .00053 and 54%
    LTD - .00082 and 56%
    SUM - .00108 and 53%
    SRT - .00089 and 52%

    Oops, looks like they all got a bit worse this month.

    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'm looking to lease 2016 Jeep GC Limited 75th anniversary edition with Navi for 10K miles.
    MSRP $44,620.
    Selling price $36,354 which includes discount off MSRP plus dealer incentives + loyalty.

    According to the dealer quote the price with taxes + fees rolled into the payment the per month is $459 for 39 months.

    According to my calculations using your numbers
    LTD: .00089 MF and 58% residual 36m/10K
    NY tax 8.75%

    I'm coming up with $357 per month + $31 tax. Something is off. Could you check my calculations? I'm not sure which bank they are using.
  • MichaellMichaell ColoradoPosts: 130,636
    varoykh said:

    Hi,

    I'm looking to lease 2016 Jeep GC Limited 75th anniversary edition with Navi for 10K miles.
    MSRP $44,620.
    Selling price $36,354 which includes discount off MSRP plus dealer incentives + loyalty.

    According to the dealer quote the price with taxes + fees rolled into the payment the per month is $459 for 39 months.

    According to my calculations using your numbers
    LTD: .00089 MF and 58% residual 36m/10K
    NY tax 8.75%

    I'm coming up with $357 per month + $31 tax. Something is off. Could you check my calculations? I'm not sure which bank they are using.

    The selling price may not be the cap cost the dealer is using - get that number from them and make sure you understand how they got there from the selling price.

    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

  • NJ Dealer offering the following lease on 2016 Jeep Grand Cherokee 4x4 Laredo 75th Anniversary Edition

    Please advise if this is a good deal, really appreciate your help in advance.

    MSRP = 40,060
    39 Months / 10K Miles
    $0 down all in cost with tax & fees = $428 per month
    NJ Tax = 7%
  • MichaellMichaell ColoradoPosts: 130,636
    iamsamiam said:

    NJ Dealer offering the following lease on 2016 Jeep Grand Cherokee 4x4 Laredo 75th Anniversary Edition

    Please advise if this is a good deal, really appreciate your help in advance.

    MSRP = 40,060
    39 Months / 10K Miles
    $0 down all in cost with tax & fees = $428 per month
    NJ Tax = 7%

    What is the adjusted cap cost?

    How much is due at signing?

    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:

    iamsamiam said:

    NJ Dealer offering the following lease on 2016 Jeep Grand Cherokee 4x4 Laredo 75th Anniversary Edition

    Please advise if this is a good deal, really appreciate your help in advance.

    MSRP = 40,060
    39 Months / 10K Miles
    $0 down all in cost with tax & fees = $428 per month
    NJ Tax = 7%

    What is the adjusted cap cost?

    How much is due at signing?
    They did not provide it yet, this number was provided with their internet sales department. They stat $0 due at signing.
  • MichaellMichaell ColoradoPosts: 130,636
    iamsamiam said:

    Michaell said:

    iamsamiam said:

    NJ Dealer offering the following lease on 2016 Jeep Grand Cherokee 4x4 Laredo 75th Anniversary Edition

    Please advise if this is a good deal, really appreciate your help in advance.

    MSRP = 40,060
    39 Months / 10K Miles
    $0 down all in cost with tax & fees = $428 per month
    NJ Tax = 7%

    What is the adjusted cap cost?

    How much is due at signing?
    They did not provide it yet, this number was provided with their internet sales department. They stat $0 due at signing.
    Without the details, it's hard to comment.

    And, I would confirm the $0 due at signing ... dealer may be telling you $0 down payment. You'll still have fees and taxes due up front, along with the first payment.

    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:

    iamsamiam said:

    Michaell said:

    iamsamiam said:

    NJ Dealer offering the following lease on 2016 Jeep Grand Cherokee 4x4 Laredo 75th Anniversary Edition

    Please advise if this is a good deal, really appreciate your help in advance.

    MSRP = 40,060
    39 Months / 10K Miles
    $0 down all in cost with tax & fees = $428 per month
    NJ Tax = 7%

    What is the adjusted cap cost?

    How much is due at signing?
    They did not provide it yet, this number was provided with their internet sales department. They stat $0 due at signing.
    Without the details, it's hard to comment.

    And, I would confirm the $0 due at signing ... dealer may be telling you $0 down payment. You'll still have fees and taxes due up front, along with the first payment.
    Hi Michael,

    Thanks for all your help. If they confirm truly $0 due ay signing and fees and taxes are included in the payment is $428 a good deal for this car? Thanks again.
  • MichaellMichaell ColoradoPosts: 130,636
    iamsamiam said:

    Michaell said:

    iamsamiam said:

    Michaell said:

    iamsamiam said:

    NJ Dealer offering the following lease on 2016 Jeep Grand Cherokee 4x4 Laredo 75th Anniversary Edition

    Please advise if this is a good deal, really appreciate your help in advance.

    MSRP = 40,060
    39 Months / 10K Miles
    $0 down all in cost with tax & fees = $428 per month
    NJ Tax = 7%

    What is the adjusted cap cost?

    How much is due at signing?
    They did not provide it yet, this number was provided with their internet sales department. They stat $0 due at signing.
    Without the details, it's hard to comment.

    And, I would confirm the $0 due at signing ... dealer may be telling you $0 down payment. You'll still have fees and taxes due up front, along with the first payment.
    Hi Michael,

    Thanks for all your help. If they confirm truly $0 due ay signing and fees and taxes are included in the payment is $428 a good deal for this car? Thanks again.
    If this is a true "sign and drive" deal, then $428/mo is pretty good, relative to the MSRP.

    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... I was offered this deal in NJ on a 16 GC Limited 42,500 MSRP. Is this a good deal? 
    $400 per month 
    36 months 
    12k miles per year
    First payment waived 
    $24,621 residual value & 25¢ per excess mile
    Lease company = AFCU Bank 

    Dealer will cut me a check for $765 to take me out of my lease early (my remaining payments) or take my car and I pay excess miles on my current lease. 

    Thanks! 
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