2017 Jeep Grand Cherokee Lease Deals and Prices

Michaell

jpjeep2017 said:

Thanks kyfdx! I was quoted 55%, but .00043 for the MF

How strange!

Chrysler allows the dealer to mark up the MF by .00042.

Go figure.

nola222

Can I get RV/MF for '17 GC Limited 4x2 for 36/12k year? Also, is Chrysler Capital still waiving the ACQ fee this month? Seems like limited is the best deal with numbers this month on a lease.

Michaell

nola222 said:

Can I get RV/MF for '17 GC Limited 4x2 for 36/12k year? Also, is Chrysler Capital still waiving the ACQ fee this month? Seems like limited is the best deal with numbers this month on a lease.

.00005 and 54%

Yes, acquisition fee is waived this month.

joejoe1718

appreciate all of your continued help.

i have 2015 JGC overland 4x4. leased in may 2015 for 4k down 429/month

currently has 19000 miles and 12 payments/months left on lease

i dont quite understand residuals and when its explained to me it seems like something they use to try to confuse the consumer

im being told my book value is $30,500 and they would buy it from me

im looking at the 2017 summit 4x4 v6 California edition with premium interior.
MSRP 60580
SALE 57500
being told with 4k down my payment would be $651/month

as i said forgive me as im not sure how residuals actually work nor what MF even stands for but this seems sort of high.

im being told if it has to be a factory order " residuals may change, could be better could be worse" how do they not know? do they know what events will be coming? for instance theyre currently running "spring clearance" but they come off to me as if they have no idea what next month may bring...

im wondering if this is a fair deal? and if you have any suggestions for me to say, wait until later in the year for a better deal? is there any way to know what incentives and events they have upcoming? how does it all work? thank you again for your help.

Michaell

joejoe1718 said:

appreciate all of your continued help.

i have 2015 JGC overland 4x4. leased in may 2015 for 4k down 429/month

currently has 19000 miles and 12 payments/months left on lease

i dont quite understand residuals and when its explained to me it seems like something they use to try to confuse the consumer

im being told my book value is $30,500 and they would buy it from me

im looking at the 2017 summit 4x4 v6 California edition with premium interior.
MSRP 60580
SALE 57500
being told with 4k down my payment would be $651/month

as i said forgive me as im not sure how residuals actually work nor what MF even stands for but this seems sort of high.

im being told if it has to be a factory order " residuals may change, could be better could be worse" how do they not know? do they know what events will be coming? for instance theyre currently running "spring clearance" but they come off to me as if they have no idea what next month may bring...

im wondering if this is a fair deal? and if you have any suggestions for me to say, wait until later in the year for a better deal? is there any way to know what incentives and events they have upcoming? how does it all work? thank you again for your help.

A couple of questions to help us understand things

1. What lease term and how many miles per year are you looking for?
2. What does the $4000 at signing cover?
3. Why are you looking to trade out of your lease with 12 months left?

What you need is information:

First, call the bank you are currently leasing with and get the payoff value of your current Jeep.

Second, take your Jeep to a local CarMax (if one is nearby) and find out what they'll offer to buy it from you for. Or, you can check out the 'real world trade in value' discussion here at Edmunds and ping our experts

That way, you'll know how much positive or negative equity you have.

Yes, the lease numbers change each month, but in general not enough to substantially affect any lease payment. Nobody knows what those numbers will be.

Last, don't negotiate the payment - negotiate the selling price.

scottnova

Looking for MF and Residual on a 2017 Jeep GC Summit 4x4 36/15 as well as for a GC Overland 4x4 36/15 in Northern Virginia.

Michaell

scottnova said:

Looking for MF and Residual on a 2017 Jeep GC Summit 4x4 36/15 as well as for a GC Overland 4x4 36/15 in Northern Virginia.

SUM - .00030 and 50%
OVR - .00006 and 52%

Acquisition fee waived this month.

geminiram

Hi there, can I get the MF and RV for the following models in CA:

Altitude 4x2
36/12
36/15

Altitude 4x4
36/12
36/15

Thank you,

Michaell

geminiram said:

Hi there, can I get the MF and RV for the following models in CA:

Altitude 4x2
36/12
36/15

Altitude 4x4
36/12
36/15

Thank you,

36/15 numbers; add 2% for 12K

4x2 - .00027 and 53%
4x4 - .00021 and 55%

spockihana

Looking for MF and Residual on a 2017 Jeep GC Overland 4x4 36/12k miles in Oregon. Thanks!

hoosiers17

Could I get the MF and Residual on a 2017 Jeep GC Overland 4x4 36/12k miles in Indiana.

Thank you

kyfdx

spockihana said:

Looking for MF and Residual on a 2017 Jeep GC Overland 4x4 36/12k miles in Oregon. Thanks!

.00006 MF and 54% residual

kyfdx

hoosiers17 said:

Could I get the MF and Residual on a 2017 Jeep GC Overland 4x4 36/12k miles in Indiana.

Thank you

.00006 MF and 54% residual

spockihana

Is Jeep waiving the acquisition fee this month? Or is that something I dreamed last night? :-)

Thanks.

spockihana

I have a few questions about the Jeep GC Overland 4x4 rebates on the Edmunds rebates page:

• What is the total rebate amount on a lease right now?
  
• How restrictive is the Conquest rebate? I'm coming from a car lease, non-Chrysler.
  
• Who is eligible for the Regional IDL bonus cash ($4500)?
  

Thanks!

kyfdx

spockihana said:

Is Jeep waiving the acquisition fee this month? Or is that something I dreamed last night? :-)

Thanks.

Yes, waived on that model.

You need better dreams

kyfdx

spockihana said:

I have a few questions about the Jeep GC Overland 4x4 rebates on the Edmunds rebates page:

• What is the total rebate amount on a lease right now?
  
• How restrictive is the Conquest rebate? I'm coming from a car lease, non-Chrysler.
  
• Who is eligible for the Regional IDL bonus cash ($4500)?
  

Thanks!

The IDL bonus is only for NON- Chrysler Capital leases.

No info on the other rebates.

spockihana

kyfdx said:

spockihana said:

I have a few questions about the Jeep GC Overland 4x4 rebates on the Edmunds rebates page:

• What is the total rebate amount on a lease right now?
  
• How restrictive is the Conquest rebate? I'm coming from a car lease, non-Chrysler.
  
• Who is eligible for the Regional IDL bonus cash ($4500)?
  

Thanks!

The IDL bonus is only for NON- Chrysler Capital leases.

No info on the other rebates.

Thanks! Is an Ally lease eligible for IDL? I'm not sure how each dealership decides who they use. Can I ask for Ally? Is Chrysler Capital the most used?

Michaell

spockihana said:

kyfdx said:

spockihana said:

I have a few questions about the Jeep GC Overland 4x4 rebates on the Edmunds rebates page:

• What is the total rebate amount on a lease right now?
  
• How restrictive is the Conquest rebate? I'm coming from a car lease, non-Chrysler.
  
• Who is eligible for the Regional IDL bonus cash ($4500)?
  

Thanks!

The IDL bonus is only for NON- Chrysler Capital leases.

No info on the other rebates.

Thanks! Is an Ally lease eligible for IDL? I'm not sure how each dealership decides who they use. Can I ask for Ally? Is Chrysler Capital the most used?

Ally leases are eligible for the IDL incentives.

You can ask - dealers often use Ally or US Bank specifically due to the incentives available.

spockihana

Are rebates different per VIN or is that nonsense? Seems like rebates are per model/trim, lease company, etc., but not VIN.

kyfdx

spockihana said:

Are rebates different per VIN or is that nonsense? Seems like rebates are per model/trim, lease company, etc., but not VIN.

No idea about that

lhpfish

Can I have the money factor/residual on a jeep grand cherokee 4x2 limited in florida?

36/12 and 36/15

Thanks,!

Michaell

lhpfish said:

Can I have the money factor/residual on a jeep grand cherokee 4x2 limited in florida?

36/12 and 36/15

Thanks,!

.00005 and 54% / 52%

lhpfish

10k too just for fun thanks

kyfdx

lhpfish said:

10k too just for fun thanks

55%

spockihana

Can you tell me the MF and Residual for a Limited 4x4 12k miles/36 mos in OR? Does it make a difference if it has Luxury or Off-Road or any other packages? Thank you!

gatornation

Looking for MF and Residual for 2017 Grand Cherokee Limited (Nav/Blind Spot). Model MSRP is ~$42K.

36 mo
12K

State of Georgia.

spockihana

This 2017 Limited 4x4 has an MSRP of $50,625 and an Edmunds invoice of $48,269. The sales price is $43,720. Does anyone know if that is low to average? Thanks!

Michaell

spockihana said:

Can you tell me the MF and Residual for a Limited 4x4 12k miles/36 mos in OR? Does it make a difference if it has Luxury or Off-Road or any other packages? Thank you!

.00001 and 55%

Packages and options do not affect the numbers.

Michaell

gatornation said:

Looking for MF and Residual for 2017 Grand Cherokee Limited (Nav/Blind Spot). Model MSRP is ~$42K.

36 mo
12K

State of Georgia.

4x4 or 4x2?

Michaell

spockihana said:

This 2017 Limited 4x4 has an MSRP of $50,625 and an Edmunds invoice of $48,269. The sales price is $43,720. Does anyone know if that is low to average? Thanks!

That sales price could include incentives that are not applicable to a lease.

Use the "make / model / year" pull downs to link to the price tools.

spockihana

Michaell said:

spockihana said:

This 2017 Limited 4x4 has an MSRP of $50,625 and an Edmunds invoice of $48,269. The sales price is $43,720. Does anyone know if that is low to average? Thanks!

That sales price could include incentives that are not applicable to a lease.

Use the "make / model / year" pull downs to link to the price tools.

Thanks. Apparently the only incentives are $1500 (750+750) in rebates which apply to a lease. And the overall price is the same for purchase or lease per the sales guy. Ha, too good to be true? Maybe I'm getting the runaround. :-) The Edmunds TMV for this configuration is $48,034. Quite a difference. So it makes me wonder.

Michaell

spockihana said:

Michaell said:

spockihana said:

This 2017 Limited 4x4 has an MSRP of $50,625 and an Edmunds invoice of $48,269. The sales price is $43,720. Does anyone know if that is low to average? Thanks!

That sales price could include incentives that are not applicable to a lease.

Use the "make / model / year" pull downs to link to the price tools.

Thanks. Apparently the only incentives are $1500 (750+750) in rebates which apply to a lease. And the overall price is the same for purchase or lease per the sales guy. Ha, too good to be true? Maybe I'm getting the runaround. :-) The Edmunds TMV for this configuration is $48,034. Quite a difference. So it makes me wonder.

We don't have any lease incentive info, but if that $43K price is valid for a lease, I can't see any reason not to go forward.

nola222

Dealer is telling me that the acquisition fee is normally waived for grand cherokee this month, but she says that it is not waived for the trailhawk trim I am looking at.

Is this legit? I call BS but just want to verify on here before I go to war.

gatornation

Michaell said:

gatornation said:

Looking for MF and Residual for 2017 Grand Cherokee Limited (Nav/Blind Spot). Model MSRP is ~$42K.

36 mo
12K

State of Georgia.

4x4 or 4x2?

4x2

kyfdx

nola222 said:

Dealer is telling me that the acquisition fee is normally waived for grand cherokee this month, but she says that it is not waived for the trailhawk trim I am looking at.

Is this legit? I call BS but just want to verify on here before I go to war.

We show waived for all trims, except those equipped with diesel engines.

kyfdx

gatornation said:

Michaell said:

gatornation said:

Looking for MF and Residual for 2017 Grand Cherokee Limited (Nav/Blind Spot). Model MSRP is ~$42K.

36 mo
12K

State of Georgia.

4x4 or 4x2?

4x2

.00005 MF and 54% residual

jdwil00

Hello. Can I get the MF and residual for a Limited and Overland 4X4 for 36/15 in Ohio?

kyfdx

jdwil00 said:

Hello. Can I get the MF and residual for a Limited and Overland 4X4 for 36/15 in Ohio?

LTD: .00001 MF and 53% residual
OVL: .00006 MF and 52% residual

spockihana

Do you guys happen to know if Chrysler is waiving the acquisition fee in April as well? Thanks.

Michaell

spockihana said:

Do you guys happen to know if Chrysler is waiving the acquisition fee in April as well? Thanks.

No insight as to what the numbers or incentives will look like next month.

jeep1941

MF and residual for JGC Laredo 4x4 in MN please, thanks!

36/10
36/12
36/15

39/10
39/12
39/15

phillysoaper

Dealer quoted me a MF of .00145 in PA for a Grand Cherokee LTD. 36 mo/12k Is this accurate? thanks.

Michaell

jeep1941 said:

MF and residual for JGC Laredo 4x4 in MN please, thanks!

36/10
36/12
36/15

39/10
39/12
39/15

.00021 and 55% (36/15) or 52% (39/15)

Add 2% for 12K or 3% for 10K

Michaell

phillysoaper said:

Dealer quoted me a MF of .00145 in PA for a Grand Cherokee LTD. 36 mo/12k Is this accurate? thanks.

Not if it's a Chrysler Finance lease - we show the MF as .00001, assuming 4x4

spockihana

kyfdx said:

nola222 said:

Dealer is telling me that the acquisition fee is normally waived for grand cherokee this month, but she says that it is not waived for the trailhawk trim I am looking at.

Is this legit? I call BS but just want to verify on here before I go to war.

We show waived for all trims, except those equipped with diesel engines.

I was told something similar today. Limited 4x4 not waived. Not sure what's up. Anyone get this waived?

Michaell

spockihana said:

kyfdx said:

nola222 said:

Dealer is telling me that the acquisition fee is normally waived for grand cherokee this month, but she says that it is not waived for the trailhawk trim I am looking at.

Is this legit? I call BS but just want to verify on here before I go to war.

We show waived for all trims, except those equipped with diesel engines.

I was told something similar today. Limited 4x4 not waived. Not sure what's up. Anyone get this waived?

If there was a mid-month update to the programs, we wouldn't get that information.

Check with multiple dealers and see if you get a consistent answer.

spockihana

Here is my current offer on a 2017 Limited 4x4 36mo/12k.

MSRP: 50,625
Final Price: 44,890
Acq Fee: 595
Fees: 395
MF: .00001
Res: 55%
Cap: 45,880
Monthly Payment: 501.74

0 down. First month payment at signing. Everything else rolled into the monthly.

The TMV on this package is 48,034. Another rating site had recent prices paid at 42,753 to 46,634, but I'm guessing that lowest amount was a purchase, not a lease.

What do you guys think?

Thanks!

Michaell

spockihana said:

Here is my current offer on a 2017 Limited 4x4 36mo/12k.

MSRP: 50,625
Final Price: 44,890
Acq Fee: 595
Fees: 395
MF: .00001
Res: 55%
Cap: 45,880
Monthly Payment: 501.74

0 down. First month payment at signing. Everything else rolled into the monthly.

The TMV on this package is 48,034. Another rating site had recent prices paid at 42,753 to 46,634, but I'm guessing that lowest amount was a purchase, not a lease.

What do you guys think?

Thanks!

I get that payment, to the penny.

I would agree that the prices you see include incentives not available when you lease.

If you're comfortable with the discount from sticker, all looks good.

spockihana

Michaell said:

spockihana said:

Here is my current offer on a 2017 Limited 4x4 36mo/12k.

MSRP: 50,625
Final Price: 44,890
Acq Fee: 595
Fees: 395
MF: .00001
Res: 55%
Cap: 45,880
Monthly Payment: 501.74

0 down. First month payment at signing. Everything else rolled into the monthly.

The TMV on this package is 48,034. Another rating site had recent prices paid at 42,753 to 46,634, but I'm guessing that lowest amount was a purchase, not a lease.

What do you guys think?

Thanks!

I get that payment, to the penny.

I would agree that the prices you see include incentives not available when you lease.

If you're comfortable with the discount from sticker, all looks good.

Thanks Michaell. :-) I honestly have no idea about that discount from sticker. Lease ranges are so difficult to find. But within the market it seems to be a good discount. On a purchase I might keep pushing and pushing. I need to look through this thread and see if I can find any comparable numbers.