2017 Jeep Grand Cherokee Lease Deals and Prices

1151618202133

Comments

  • nnovak4209nnovak4209 Member Posts: 3
    Any chance I can get the numbers on a 

    2017 grand Cherokee limited and altitude package also.

    MF/Residual

    Michigan- 36mo/15k lease.

    thanks so much for the help! 
  • MichaellMichaell Moderator Posts: 264,639

    Any chance I can get the numbers on a 

    2017 grand Cherokee limited and altitude package also.

    MF/Residual

    Michigan- 36mo/15k lease.

    thanks so much for the help! 

    Assuming 4x4,

    LTD - .00006 and 52%
    ALT - .00032 and 54%

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  • jjj0hnsonjjj0hnson Member Posts: 10
    May I please have the MF and residuals for a 2017 jeep grand Cherokee Overland.

    24 or 36 month
    10, 12, 15K miles per year
  • MichaellMichaell Moderator Posts: 264,639
    jjj0hnson said:

    May I please have the MF and residuals for a 2017 jeep grand Cherokee Overland.

    24 or 36 month
    10, 12, 15K miles per year

    4x4 or 4x2?

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  • giffy21giffy21 Member Posts: 19
    2017 Grand Cherokee Altitude 4x4
    MF? Residual? Lease cash?
    39/15 
    24588 zip
    thank you!
  • jjj0hnsonjjj0hnson Member Posts: 10
    Sorry 4x4, zip code 98032
  • kyfdxkyfdx Moderator Posts: 267,684
    giffy21 said:

    2017 Grand Cherokee Altitude 4x4
    MF? Residual? Lease cash?
    39/15 
    24588 zip
    thank you!

    .00032 MF and 51% residual

    Looks like acquisition fee is waived in most areas, this month.
    We don't have any other incentive info.

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  • kyfdxkyfdx Moderator Posts: 267,684
    jjj0hnson said:

    May I please have the MF and residuals for a 2017 jeep grand Cherokee Overland.

    24 or 36 month
    10, 12, 15K miles per year

    jjj0hnson said:

    Sorry 4x4, zip code 98032

    24/15: .00002 MF and 58% residual
    Add 2% or 1% for 10K or 12K
    36/15: .00006 MF and 51% residual
    Add 3% or 2% for 10K or 12K

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  • jjj0hnsonjjj0hnson Member Posts: 10
    Does anyone know if these two incentives apply to lease deals? Dealer is telling me they don't.

    $2,000 cash back on select Jeep Grand Cherokee models

    $2,000 cash back
    Applies to select new 2017 Jeep Grand Cherokee.
    Offer only valid 5-02-2017 through 5-31-2017
    Get up to 2,000 Cash Allowance
    $250 West 2017 Bonus Cash WECHA(1)
    $1750 West BC Retail Consumer Cash 70CH1(2)
    * Disclaimer(s)
    (1) West 2017 Bonus Cash WECHA Residency restrictions apply. See dealer for details. Must take retail delivery by 05/31/2017.
    (2) West BC Retail Consumer Cash 70CH1 Residency restrictions apply. See dealer for details. Must take retail delivery by 05/31/2017. (See Trims)
    See State Disclaimer *
  • ramses1979ramses1979 Member Posts: 2
    Was quoted $539 for a grand Cherokee overland 4x4 today 39/12. This was from Chrysler financial with the price of the Jeep at $45k. I didn't get much more info as this was over the phone. Sound right? 46947
  • MichaellMichaell Moderator Posts: 264,639
    jjj0hnson said:

    Does anyone know if these two incentives apply to lease deals? Dealer is telling me they don't.

    $2,000 cash back on select Jeep Grand Cherokee models

    $2,000 cash back
    Applies to select new 2017 Jeep Grand Cherokee.
    Offer only valid 5-02-2017 through 5-31-2017
    Get up to 2,000 Cash Allowance
    $250 West 2017 Bonus Cash WECHA(1)
    $1750 West BC Retail Consumer Cash 70CH1(2)
    * Disclaimer(s)
    (1) West 2017 Bonus Cash WECHA Residency restrictions apply. See dealer for details. Must take retail delivery by 05/31/2017.
    (2) West BC Retail Consumer Cash 70CH1 Residency restrictions apply. See dealer for details. Must take retail delivery by 05/31/2017. (See Trims)
    See State Disclaimer *

    Cash allowances are usually only valid for purchase.

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  • MichaellMichaell Moderator Posts: 264,639

    Was quoted $539 for a grand Cherokee overland 4x4 today 39/12. This was from Chrysler financial with the price of the Jeep at $45k. I didn't get much more info as this was over the phone. Sound right? 46947

    What is the MSRP?

    State and tax rate?

    How much is due at signing?

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  • ramses1979ramses1979 Member Posts: 2
    Sorry, msrp was $49k, my EP was at $45k.  I told them to do the numbers so I assume they used the $45k. Indiana and the tax rate is 7%, 0 down at signing.
  • MichaellMichaell Moderator Posts: 264,639
    Michaell said:

    Was quoted $539 for a grand Cherokee overland 4x4 today 39/12. This was from Chrysler financial with the price of the Jeep at $45k. I didn't get much more info as this was over the phone. Sound right? 46947

    What is the MSRP?

    State and tax rate?

    How much is due at signing?

    Sorry, msrp was $49k, my EP was at $45k.  I told them to do the numbers so I assume they used the $45k. Indiana and the tax rate is 7%, 0 down at signing.

    .00006 and 51% for 39/12

    With $49K and $45K, I get $564/mo including tax.

    I'd confirm the adjusted cap cost with the dealer.

    And, is the $0 the down or the due at signing - they aren't the same.

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  • dknyc02dknyc02 Member Posts: 23
    Hi, Can I get the RV MF for a 2017 GC 4x4 Limited 36/10 in Log Angeles (90036)?
    From what I gathered on the Forum it was 56% .00001, however the dealer today told me its actually 55% .00006.

    Thank you!
  • scottskyscottsky Member Posts: 21
    Hello, may I have the RV & MF for a FWD Grand Cherokee Limited 36/10 in Fort Lauderdale Fl
  • MichaellMichaell Moderator Posts: 264,639
    dknyc02 said:

    Hi, Can I get the RV MF for a 2017 GC 4x4 Limited 36/10 in Log Angeles (90036)?
    From what I gathered on the Forum it was 56% .00001, however the dealer today told me its actually 55% .00006.

    Thank you!

    .00006 and 55% are correct for May.

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  • MichaellMichaell Moderator Posts: 264,639
    scottsky said:

    Hello, may I have the RV & MF for a FWD Grand Cherokee Limited 36/10 in Fort Lauderdale Fl

    .00009 and 54%

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  • MichaellMichaell Moderator Posts: 264,639
    dknyc02 said:

    Hi, Can I get the RV MF for a 2017 GC 4x4 Limited 36/10 in Log Angeles (90036)?
    From what I gathered on the Forum it was 56% .00001, however the dealer today told me its actually 55% .00006.

    Thank you!

    .00006 and 55% are correct for May

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  • carbuyer322carbuyer322 Member Posts: 1
    Can I get numbers for Jeep Grand Cherokee limited 4x4. 94534 is the zip. Msrp 48k. 3 yrs 12k miles and 0 down.
  • MichaellMichaell Moderator Posts: 264,639

    Can I get numbers for Jeep Grand Cherokee limited 4x4. 94534 is the zip. Msrp 48k. 3 yrs 12k miles and 0 down.

    .00006 and 54%

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  • aajsilvaaajsilva Member Posts: 1
    Could I get residual and MF (3yr, 12000) for a the following in Northern California (Sacramento)

    2017 Grand Cherokee Limited 4X4
    2017 Grand Cherokee Laredo Altitude 4X4
  • MichaellMichaell Moderator Posts: 264,639
    aajsilva said:

    Could I get residual and MF (3yr, 12000) for a the following in Northern California (Sacramento)

    2017 Grand Cherokee Limited 4X4
    2017 Grand Cherokee Laredo Altitude 4X4

    LTD - .00006 and 54%
    LAR - .00032 and 56%

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  • brianmislebrianmisle Member Posts: 21
    Interested in leasing a 2017 Jeep Grand Cherokee Altitude OR Limited 4x4 36/12 in Utah. Can you provide the current Residual % and Money Factor? Thanks!
  • kyfdxkyfdx Moderator Posts: 267,684

    Interested in leasing a 2017 Jeep Grand Cherokee Altitude OR Limited 4x4 36/12 in Utah. Can you provide the current Residual % and Money Factor? Thanks!

    Altitude: .00032 MF and 56% residual
    Limited: .00006 MF and 54% residual

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  • ktl5005ktl5005 Member Posts: 1
    edited May 2017
    Hi. Live in PA by likely headed to VA to buy my vehicle. Can I get numbers and MF on a 17 Grand Cherokee Trailhawk with MSRP 49225, their sale price 42275 with 36months/15k with 1000$ down? ZIP of purchase area is 22182
  • MichaellMichaell Moderator Posts: 264,639
    ktl5005 said:

    Hi. Live in PA by likely headed to VA to buy my vehicle. Can I get numbers and MF on a 17 Grand Cherokee Trailhawk with MSRP 49225, their sale price 42275 with 36months/15k with 1000$ down? ZIP of purchase area is 22182

    .00075 and 55%

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  • athortonathorton Member Posts: 12
    48111 MI
    Jeep GC 4x4 TH $48k(luxery pkg)
    Jeep GC 4x4 LTD $46(luxery pkg)

    36 mo lease 15,000 mi, . Plus i have employee pricing and wondering about returning lesse cash and new graduation cash. Turning in 2016 300sLease.

    Thanks Guys!
  • kyfdxkyfdx Moderator Posts: 267,684
    athorton said:

    48111 MI
    Jeep GC 4x4 TH $48k(luxery pkg)
    Jeep GC 4x4 LTD $46(luxery pkg)

    36 mo lease 15,000 mi, . Plus i have employee pricing and wondering about returning lesse cash and new graduation cash. Turning in 2016 300sLease.

    Thanks Guys!

    TH: .00075 MF and 55% residual
    LTD: .00006 MF and 52% residual

    No info on the incentives.

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  • rrosoffrrosoff Member Posts: 3
    MF and residual for Laredo 4X4 for 36 months @ 10k miles please?
  • MichaellMichaell Moderator Posts: 264,639
    rrosoff said:

    MF and residual for Laredo 4X4 for 36 months @ 10k miles please?

    .00032 and 57%

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  • ace55ace55 Member Posts: 4
    Could you please MF and RV values for 2017 High Altitude in New Jersey, 12K/36 Months.. Thanks.
  • MichaellMichaell Moderator Posts: 264,639
    ace55 said:

    Could you please MF and RV values for 2017 High Altitude in New Jersey, 12K/36 Months.. Thanks.

    .00032 and 56%, assuming 4x4

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  • ace55ace55 Member Posts: 4
    Thanks Michael. This forum has been very useful and thanks for all members updates.

    Yes, it is 4x4.

    MSRP: 39,790
    Selling Price: 33,451 - Affiliate pricing
    36 Months, 12K Year, NJ 6.88% tax
    Down Payment: 3K, comes to $273 from the lease calculator. The dealer is quoting me $385,

    Is my calculation correct?

    Also, I am interested in another 2017 75th Anniversary Limited 4x4 . Can you provide the MF and RV for 36Months/12K in NJ.

  • MichaellMichaell Moderator Posts: 264,639
    ace55 said:

    Thanks Michael. This forum has been very useful and thanks for all members updates.

    Yes, it is 4x4.

    MSRP: 39,790
    Selling Price: 33,451 - Affiliate pricing
    36 Months, 12K Year, NJ 6.88% tax
    Down Payment: 3K, comes to $273 from the lease calculator. The dealer is quoting me $385,

    Is my calculation correct?

    Also, I am interested in another 2017 75th Anniversary Limited 4x4 . Can you provide the MF and RV for 36Months/12K in NJ.

    $328/mo, plus tax.

    Ask the dealer for the adjusted cap cost, and how they got to that number from the selling price.

    Also, get a breakdown of the $3000 due at signing

    75th Ltd - .00006 and 54%

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  • ace55ace55 Member Posts: 4
    Thanks Michaell. I will followup with the dealer on adjusted cap cost and breakdown of down payment.

    For my learning, if possible could you please list the breakdown of the numbers you used to get to 328/mo+tax. I checked on few other calculators and it is still coming to 283~ range per month. I am trying to figure out the incorrect values I am using.

    I used following calculations to get to 283 range:
    MSRP: 39,790
    Base cost (Lease Price): 33,451
    Cost Included in Lease (Acquisition fees): 750
    Cap cost reduction: 3000 (down payment)
    Adjusted (Net) capitalized cost: 31201
    Residual value: 22,282 (56%)
    Money factor: 0.00032 (0.77%)
    NJ sales tax: 6.88%
    36 Months

    =264.86 + 18.22 (tax)
    Total= 283.08

  • MichaellMichaell Moderator Posts: 264,639
    ace55 said:

    Thanks Michaell. I will followup with the dealer on adjusted cap cost and breakdown of down payment.

    For my learning, if possible could you please list the breakdown of the numbers you used to get to 328/mo+tax. I checked on few other calculators and it is still coming to 283~ range per month. I am trying to figure out the incorrect values I am using.

    I used following calculations to get to 283 range:
    MSRP: 39,790
    Base cost (Lease Price): 33,451
    Cost Included in Lease (Acquisition fees): 750
    Cap cost reduction: 3000 (down payment)
    Adjusted (Net) capitalized cost: 31201
    Residual value: 22,282 (56%)
    Money factor: 0.00032 (0.77%)
    NJ sales tax: 6.88%
    36 Months

    =264.86 + 18.22 (tax)
    Total= 283.08

    I didn't use the $3000 cap reduction in my calculations.

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  • kjskjskjskjs Member Posts: 12
    edited May 2017
    Could I get residual and MF (3yr, 12000) for the following in Upstate NY (Buffalo)

    2017 Grand Cherokee Limited 4X4
    2017 Grand Cherokee Laredo Altitude
  • kyfdxkyfdx Moderator Posts: 267,684
    kjskjs said:

    Could I get residual and MF (3yr, 12000) for the following in Upstate NY (Buffalo)

    2017 Grand Cherokee Limited 4X4
    2017 Grand Cherokee Laredo Altitude

    Both 4X4, right?

    Limited: .00006 MF and 54% residual
    Altitude: .00032 MF and 56% residual

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  • smcroskeysmcroskey Member Posts: 4
    Could I get a RV and MF (12K/36m) for a 2017 Grand Cherokee Altitude 4x2 in Seattle, WA? What's a reasonable monthly payment (supposed MSRP is $39790)?
  • kyfdxkyfdx Moderator Posts: 267,684
    smcroskey said:

    Could I get a RV and MF (12K/36m) for a 2017 Grand Cherokee Altitude 4x2 in Seattle, WA? What's a reasonable monthly payment (supposed MSRP is $39790)?

    Standard MF and 40% residual
    Can't help you with a price, but that isn't likely to lease well.

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  • rosenkrancebrosenkranceb Member Posts: 1
    Can I get the RV and MF for the zip 83702 on a 4x4 Limited, Trailhawk, Overland, and Summit?  12k per year for 36 months and 42?  From reading this chain it seems like LTD and TH will lease better.
    thanks!
  • kyfdxkyfdx Moderator Posts: 267,684

    Can I get the RV and MF for the zip 83702 on a 4x4 Limited, Trailhawk, Overland, and Summit?  12k per year for 36 months and 42?  From reading this chain it seems like LTD and TH will lease better.
    thanks!

    LTD: .00006 MF and 54% residual
    TH: .00075 MF and 57%
    OVL: .00006 MF and 53%
    SUM: .00009 MF and 50%

    42 month terms are not competitive.

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  • toemas_toemas_ Member Posts: 7

    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.

    Where did you land on this? I am looking on LI as well.
  • toemas_toemas_ Member Posts: 7
    Looking for the MF and residual on a 2017 Jeep Grand Cherokee Limited 4x4 for 36 months 10k and 12k miles per year - Long Island, NY. Thank you!
  • kyfdxkyfdx Moderator Posts: 267,684
    toemas_ said:

    Looking for the MF and residual on a 2017 Jeep Grand Cherokee Limited 4x4 for 36 months 10k and 12k miles per year - Long Island, NY. Thank you!

    .00006 MF and 55%/54% residual

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  • jasoparty23jasoparty23 Member Posts: 6
    Think I'm getting a bad end quote with good numbers. Can you help? 2017 Grand Cherokee Limited 4x4

    MSRP is 44,075
    Agreed selling price - 40,783
    Cash Reductions in rebates and down payment (7750)..5250 in rebate, 2500 in down payment)
    They are quoting $23,800 residual value for 10k miles,but based on this thread this seems like it should be $23,800 for 12k
    acquisition fee $695
    Down Payment tax $572 (guess this is off the rebates???)
    Listed sales tax at 8.875% - $1,405
    They list Total Cap Cost at 36,417
    They are using a Money Factor of 0.0014 (which seems WAY too high)


    They are quoting monthly price of 409/month, but with these numbers, much of this doesn't seem right.
    Thank you
  • MichaellMichaell Moderator Posts: 264,639

    Think I'm getting a bad end quote with good numbers. Can you help? 2017 Grand Cherokee Limited 4x4

    MSRP is 44,075
    Agreed selling price - 40,783
    Cash Reductions in rebates and down payment (7750)..5250 in rebate, 2500 in down payment)
    They are quoting $23,800 residual value for 10k miles,but based on this thread this seems like it should be $23,800 for 12k
    acquisition fee $695
    Down Payment tax $572 (guess this is off the rebates???)
    Listed sales tax at 8.875% - $1,405
    They list Total Cap Cost at 36,417
    They are using a Money Factor of 0.0014 (which seems WAY too high)

    They are quoting monthly price of 409/month, but with these numbers, much of this doesn't seem right.
    Thank you

    With those large incentives and the high MF, I'm guessing this is an Ally or US Bank lease. We don't have those numbers to verify what the dealer is using in their quote calculation.

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  • njjeepgrandnjjeepgrand Member Posts: 1
    ace55 said:

    Thanks Michaell. I will followup with the dealer on adjusted cap cost and breakdown of down payment.

    For my learning, if possible could you please list the breakdown of the numbers you used to get to 328/mo+tax. I checked on few other calculators and it is still coming to 283~ range per month. I am trying to figure out the incorrect values I am using.

    I used following calculations to get to 283 range:
    MSRP: 39,790
    Base cost (Lease Price): 33,451
    Cost Included in Lease (Acquisition fees): 750
    Cap cost reduction: 3000 (down payment)
    Adjusted (Net) capitalized cost: 31201
    Residual value: 22,282 (56%)
    Money factor: 0.00032 (0.77%)
    NJ sales tax: 6.88%
    36 Months

    =264.86 + 18.22 (tax)
    Total= 283.08

    Hello Ace,

    I am in north Jersey and would love to get a deal like this....
    Can you help me?

    or anyone for that matter...


    I just had initial discussion at Jeep in paramus for an altitude.. The quote was mid 400 with zero down. 12k/yr. for 3 years.
  • ace55ace55 Member Posts: 4
    Hello njjeepgrand,

    The deal did not work out for me. They have different numbers in the system. For example, the selling price was incorrectly given to me. They were deducting 5250 rebate and telling me that was the selling price.

    However, it was an interesting experience where I was well prepared in asking questions to financial guy to explain each number and breakdown. Ofcourse they were dancing around and doing their sales pitch.

    Please don't wait up on this. If you are getting a better deal in north jersey, go for it.

    Good luck.

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