2017 Jeep Grand Cherokee Lease Deals and Prices

cgarr856

Hi guys, hopefully you can give me a hand with this deal I'm trying to put together.

2017 Limited 4x2 (20" upgraded wheels, sunroof, blind spot, Uconnect 8.4 Nav)
The MSRP is $45,470
Selling price is $43,859
Rebates ($5250)
Sales Tax is 8.625%
36 months/12K
Residual 57%
MF 0.00134

He emailed me a price before sending the disclosure doc and said it would be $494. Although the paperwork says $525/month. He said he didn't want to go back and forth so gave me his "best number". Any help is appreciated.

kyfdx

cgarr856 said:

Hi guys, hopefully you can give me a hand with this deal I'm trying to put together.

2017 Limited 4x2 (20" upgraded wheels, sunroof, blind spot, Uconnect 8.4 Nav)
The MSRP is $45,470
Selling price is $43,859
Rebates ($5250)
Sales Tax is 8.625%
36 months/12K
Residual 57%
MF 0.00134

He emailed me a price before sending the disclosure doc and said it would be $494. Although the paperwork says $525/month. He said he didn't want to go back and forth so gave me his "best number". Any help is appreciated.

Looks like a 3rd party bank lease, so we can't verify the numbers.
If he dropped the price by $30/mo, then he most likely dropped the price or a money factor markup.

Seems to be a decent deal. What state is this?

cgarr856

NY

kyfdx

cgarr856 said:

NY

You are buying a 4X2 Jeep in NY? Surprised you can find one.

cgarr856

that was a mistype. 4x4

kyfdx

cgarr856 said:

that was a mistype. 4x4

Looks like a decent price. As noted, we can't verify the numbers on a 3rd party lease. I would ask them to run the numbers using Chrysler Capital, just as a reference point.

iammdub

From yesterday if anyone can help... Thanks!
Can I get MF/RV for JGC Limited 4x2 in texas please? 36/12 and 15

kyfdx

iammdub said:

From yesterday if anyone can help... Thanks!
Can I get MF/RV for JGC Limited 4x2 in texas please? 36/12 and 15

.00005 MF and 54%/52% residual

air1059

Can anyone help with my original message? Thanks

air1059 said:

Could you tell me what monthly payment you get and if this is a good deal in Texas (tax rate is 6.25%)? The dealership is offering to do this for $520 a month, which includes gap, fees, and tax. This is my first time leasing so any advice would be appreciated. Thank you

2017 Limited 4x2 (includes Lux group II and Uconnect 8.4 Nav)
The MSRP is $44,140
Rebates ($6250)
Total Sales Tax $2,368
Total Adds to Cap $828 (this is for Gap & other fees)
Adjusted Cap Cost $41,085
Security Deposit $500
36 months/12K
Residual 53% / $23,394
Customer Cash Down $713 for first month payment +$125 in fees
MF 0.00150

Michaell

air1059 said:

Can anyone help with my original message? Thanks

air1059 said:

Could you tell me what monthly payment you get and if this is a good deal in Texas (tax rate is 6.25%)? The dealership is offering to do this for $520 a month, which includes gap, fees, and tax. This is my first time leasing so any advice would be appreciated. Thank you

2017 Limited 4x2 (includes Lux group II and Uconnect 8.4 Nav)
The MSRP is $44,140
Rebates ($6250)
Total Sales Tax $2,368
Total Adds to Cap $828 (this is for Gap & other fees)
Adjusted Cap Cost $41,085
Security Deposit $500
36 months/12K
Residual 53% / $23,394
Customer Cash Down $713 for first month payment +$125 in fees
MF 0.00150

Using your numbers, as is, I get $588/mo

Confirm the adjusted cap cost with the dealer - that's a couple thousand dollar difference.

drandeo11

Hello. Looking for RV/MF for the Jeep Grand Cherokee Summit 4x4 V8 in Maryland...36/12K...thank you very much!

Michaell

drandeo11 said:

Hello. Looking for RV/MF for the Jeep Grand Cherokee Summit 4x4 V8 in Maryland...36/12K...thank you very much!

.00030 and 52%

jgnewcar

Hello
Can you provide me with the MF and RV for Jeep Grand Cherokee LIMITED 4x4 in Los Angeles, CA?
36 months / 10,000 miles.
Many thanks.

Michaell

jgnewcar said:

Hello
Can you provide me with the MF and RV for Jeep Grand Cherokee LIMITED 4x4 in Los Angeles, CA?
36 months / 10,000 miles.
Many thanks.

.00001 and 56%

kepazar

Can you please provide the MF & residual for a 2017 Jeep Grand Cherokee Trailhawk for 36 months / 15,000 miles?

Michaell

kepazar said:

Can you please provide the MF & residual for a 2017 Jeep Grand Cherokee Trailhawk for 36 months / 15,000 miles?

.00053 and 55%

98jeepzj

Can you please share the MF & residual for a 2017 Jeep Grand Cherokee Laredo 4x4 in MA for 36/10 and 36/12?

Also, is the acquisition fee waived this month?

Michaell

98jeepzj said:

Can you please share the MF & residual for a 2017 Jeep Grand Cherokee Laredo 4x4 in MA for 36/10 and 36/12?

Also, is the acquisition fee waived this month?

.00022 and 58% / 57%

Acquisition fee is not waived this month.

sdpaulie

This forum has been an invaluable tool for me in buying my new jeep. I appreciate the information posted here! 

Just a little FYI

Summit 4x4 36/12
Chysler Financial 52% .00030 plus $1250 rebates $595 acquisition fee
US Bank 53% .0015 plus $5750 rebates $695 acquisition fee. USB didn't have the crazy $2500 fee if you wanted to buy from them like Ally. 

Can add in additional conquest cash for $1000

picked up a $59,675 Summit for $525 13% off msrp

US Bank was $26 a month cheaper than CF. Ally was $20 more than CF and $46 more than USB

I still didn't have an answer about acquisition fee from the forum for April. I think it is not waived through CF this month as I was told by a couple of dealers  that it wasn't waived this month and could not get them to budge on it at all. Had 9 dealers bidding for my business and am completely happy with the deal I got. Was originally going to get an Overland with sticker $53,675 and couldn't get the payment below $500 even at .00006 and 54%. More than happy paying the extra $25 for a Summit

Thank you for your help!

Paul

A little shout out to Massoud at Tuttle Click for a great deal and easy purchase. I was in and out in an hour! No games no drama. Happier with this car than Range Rover already.  

Michaell

sdpaulie said:

This forum has been an invaluable tool for me in buying my new jeep. I appreciate the information posted here! 

Just a little FYI

Summit 4x4 36/12
Chysler Financial 52% .00030 plus $1250 rebates $595 acquisition fee
US Bank 53% .0015 plus $5750 rebates $695 acquisition fee. USB didn't have the crazy $2500 fee if you wanted to buy from them like Ally. 

Can add in additional conquest cash for $1000

picked up a $59,675 Summit for $525 13% off msrp

US Bank was $26 a month cheaper than CF. Ally was $20 more than CF and $46 more than USB

I still didn't have an answer about acquisition fee from the forum for April. I think it is not waived through CF this month as I was told by a couple of dealers  that it wasn't waived this month and could not get them to budge on it at all. Had 9 dealers bidding for my business and am completely happy with the deal I got. Was originally going to get an Overland with sticker $53,675 and couldn't get the payment below $500 even at .00006 and 54%. More than happy paying the extra $25 for a Summit

Thank you for your help!

Paul

A little shout out to Massoud at Tuttle Click for a great deal and easy purchase. I was in and out in an hour! No games no drama. Happier with this car than Range Rover already.  

Congrats, and thanks for sharing your details and research with us.

ethankyang

Hi,

Wondering if you think I got a good deal. I was offered in NY a Limited 4x4 with 5.7 Hemi, sunroof, blind spot and Uconnect for the following:

39/10000

MSRP: 47370
Rebates: 5250
Residual: 26505

First Month and Registration (Approx 900) due at signing

552 / month.

Finance Manager offered to do the deal for under 500 if I took it today. How much wiggle room do I really have?

Thanks!

Michaell

ethankyang said:

Hi,

Wondering if you think I got a good deal. I was offered in NY a Limited 4x4 with 5.7 Hemi, sunroof, blind spot and Uconnect for the following:

39/10000

MSRP: 47370
Rebates: 5250
Residual: 26505

First Month and Registration (Approx 900) due at signing

552 / month.

Finance Manager offered to do the deal for under 500 if I took it today. How much wiggle room do I really have?

Thanks!

With the rebates, I'm guessing this is a 3rd party lease. We don't have those numbers to confirm.

What is the negotiated selling price, before the incentives are applied?

ethankyang

Hi, the negotiated price is the same as the msrp. Since so much was taken out from rebates, we didnt think they're was room left to negotiate. 

kyfdx

ethankyang said:

Hi, the negotiated price is the same as the msrp. Since so much was taken out from rebates, we didnt think they're was room left to negotiate. 

The rebates come from Chrysler. If you don't get a discount from the dealer, it's like paying MSRP for the vehicle. You should definitely negotiate a discount, in addition to the rebates.

ethankyang

Well, I pulled the trigger as they dropped it to 499 per month. 700 total due at signing. 

thehank

Hi, what is the the ResidRate and MF for the Limited 4x4 - 36/12k miles? St. Louis, MO. Thanks

kyfdx

ethankyang said:

Well, I pulled the trigger as they dropped it to 499 per month. 700 total due at signing. 

Congrats on the new Jeep!

Michaell

thehank said:

Hi, what is the the ResidRate and MF for the Limited 4x4 - 36/12k miles? St. Louis, MO. Thanks

.00001 and 55%

ebmat

What are the disadvantages, if any, of sourcing the lease through a third party bank VS Chrysler?

Michaell

ebmat said:

What are the disadvantages, if any, of sourcing the lease through a third party bank VS Chrysler?

The only one we can think of is that third party banks aren't looking for repeat customers, so your end of lease charges could be higher.

gbarney

Please provide MF and residual for 2017 4x4 Outlander in Charlotte, NC. Thanks.

eviltwin12

Does anyone know the Residual and money factor on a 2016 Grand Cherokee limited, 12K a year on the lease. Also they are asking 42K online what do you think there rock bottom is?

Michaell

gbarney said:

Please provide MF and residual for 2017 4x4 Outlander in Charlotte, NC. Thanks.

Did you mean Overland?

.00006 and 52% for 36 months, 15,000 miles per year

Michaell

eviltwin12 said:

Does anyone know the Residual and money factor on a 2016 Grand Cherokee limited, 12K a year on the lease. Also they are asking 42K online what do you think there rock bottom is?

4x4 or 4x2?

eviltwin12

4x4 it is a 2017 apologies.

gbarney

Yes. Overland. Sorry. Would it be the same for 10,000 and 12,000 miles per year. I don't drive 15,000. Thanks again.

Michaell

Michaell said:

eviltwin12 said:

Does anyone know the Residual and money factor on a 2016 Grand Cherokee limited, 12K a year on the lease. Also they are asking 42K online what do you think there rock bottom is?

4x4 or 4x2?

eviltwin12 said:

4x4 it is a 2017 apologies.

.00001 and 55%

Use the 'make / model / year' pull downs at the top of the page to link to the price tools - that should give you an idea of pricing.

Michaell

gbarney said:

Yes. Overland. Sorry. Would it be the same for 10,000 and 12,000 miles per year. I don't drive 15,000. Thanks again.

Add 2% to the residual for 12K and 3% for 10K

iammdub

Can I get MF/RV for JGC Limited 4x2 in texas please? 36/12 and 15

Michaell

iammdub said:

Can I get MF/RV for JGC Limited 4x2 in texas please? 36/12 and 15

.00005 and 54% / 52%

jgnewcar

Hi All
Thanks for the help. Negotiated a great deal in Los Angeles.
Jeep Grand Cherokee Limited 4x4 Granite Crystal Metallic / Black interior
MSRP $45,670 (OPTIONS: sunroof, 20 inch wheels, UConnect Nav 8.4)
Monthly: $430 (incl Tax @ 9.75%)
I knew where i wanted to be using information from this site and www.leaseguide.com (they have a great lease calculator)
Appreciate the information and insights.
Cheers!!

jgnewcar

oooops.....continued from previous message.
I put down first month and fees ~$900

kyfdx

jgnewcar said:

oooops.....continued from previous message.
I put down first month and fees ~$900

Congrats!

eviltwin12

was just offered a deal in NY, 2017 Jeep Grand Cherokee Limited with nav and side assistance $44,075. $390 a month with 1K down and 12K per year. This is based in long island, NY. What do you think?

cgarr856

in LI too looking for same car. Which dealer did you go to?

eviltwin12

I went to Town and Country, they met there numbers this month so they aren't budging at all. I am going to Merrick on Friday.

mel1754

Hello -

Can you please provide the MF and RV for 36/12k and 36/15k for the Limited, OVL and Summit? (All V8 and 4x4 in Massachusetts) Thank you.

kyfdx

eviltwin12 said:

was just offered a deal in NY, 2017 Jeep Grand Cherokee Limited with nav and side assistance $44,075. $390 a month with 1K down and 12K per year. This is based in long island, NY. What do you think?

That looks cheap

kyfdx

mel1754 said:

Hello -

Can you please provide the MF and RV for 36/12k and 36/15k for the Limited, OVL and Summit? (All V8 and 4x4 in Massachusetts) Thank you.

36/15: Add 2% for 12K/yr

LTD .00001 MF and 53% residual
OVL .00006 MF and 52% residual
SUM .00030 MF and 50% residual

eviltwin12

I know I might have asked this before and I am finishing up my calculation just want to make sure I am correct before I go to the dealer. What is the residual and money factor on a 2017 grand Cherokee limited, 12K per year, 39 month lease?