2017 Jeep Grand Cherokee Lease Deals and Prices

ben_great

Location: Indianapolis, IN.

2017 Grand Cherokee Laredo 4x4, MSRP 39790, capitalized cost 37288, with all incentive/rebates, and $2000 down (first month payment included), Adjusted capitalized cost 30859; 36 mth lease, 15000 mile/yr. Final monthly payment 323/ Month with a money factor of .00009.

Is this a good deal? Is the MF too high? how much is the residual?

Thanks!

Michaell

ben_great said:

Location: Indianapolis, IN.

2017 Grand Cherokee Laredo 4x4, MSRP 39790, capitalized cost 37288, with all incentive/rebates, and $2000 down (first month payment included), Adjusted capitalized cost 30859; 36 mth lease, 15000 mile/yr. Final monthly payment 323/ Month with a money factor of .00009.

Is this a good deal? Is the MF too high? how much is the residual?

Thanks!

.00009 and 50% for 36/15

I get $309/mo plus tax, so $323/mo looks to be right.

ben_great

Michaell said:

ben_great said:

Location: Indianapolis, IN.

2017 Grand Cherokee Laredo 4x4, MSRP 39790, capitalized cost 37288, with all incentive/rebates, and $2000 down (first month payment included), Adjusted capitalized cost 30859; 36 mth lease, 15000 mile/yr. Final monthly payment 323/ Month with a money factor of .00009.

Is this a good deal? Is the MF too high? how much is the residual?

Thanks!

.00009 and 50% for 36/15

I get $309/mo plus tax, so $323/mo looks to be right.

Thanks a lot!

ineedacar2

Looking for numbers on a 4x4 Overland and 36/12 in New York, Thanks!

Michaell

ineedacar2 said:

Looking for numbers on a 4x4 Overland and 36/12 in New York, Thanks!

.00014 and 51%

jeep1941

pensfan83 said:

I've been casually following this topic over the last month because this car is on my list and I'm interested to see how the residual values shake out as I get closer to turning in my Audi. 

Maybe I was being too optimistic but I expected larger dealer discounts on these. I made up a workbook for my next purchase and on my Grand Cherokee tab the closest dealer has the same one, and others. that I initially put my eye on three months ago. They don't seem to be moving much stock. With such a low residual value they arent a real good lease opportunity.

Even with a base money factor is that all they are willing to discount from sticker before applying the rebate?

agreed July incentives were a disappointment to say the least. With 2018 order banks open and marketing launch for 2018 models in September I'd think August incentives will be higher than June/July

inventory levels of JGC Ltd 4x4 in MN are really high compared with other sub models i.e. Laredo, Altitude, Overland and Summit and seem to be the best model to lease/purchase, but somethings gotta give in the near term.

jimmybrady

Can I get the mf and residual for jeep SRT. 36/12k. Michigan

kyfdx

jimmybrady said:

Can I get the mf and residual for jeep SRT. 36/12k. Michigan

.00012 MF and 51% residual

pensfan83

jeep1941 said:

agreed July incentives were a disappointment to say the least. With 2018 order banks open and marketing launch for 2018 models in September I'd think August incentives will be higher than June/July

inventory levels of JGC Ltd 4x4 in MN are really high compared with other sub models i.e. Laredo, Altitude, Overland and Summit and seem to be the best model to lease/purchase, but somethings gotta give in the near term.

Closest dealer to me has at least 12 LTD's on the lot, a few Overland, and a Trailhawk with the Hemi but nothing else in terms of options. I would want either a Overland w/Active Safety or Trailhawk w/Active Safety & Trailhawk Luxury. There's a few dealers in the area that have examples that meet that criteria, it just depends if they start discounting them more to makeup for the low residual. If they offer a strong dealer discount and incentives improve I would give serious consideration to buying now.

Michaell

pensfan83 said:

jeep1941 said:

agreed July incentives were a disappointment to say the least. With 2018 order banks open and marketing launch for 2018 models in September I'd think August incentives will be higher than June/July

inventory levels of JGC Ltd 4x4 in MN are really high compared with other sub models i.e. Laredo, Altitude, Overland and Summit and seem to be the best model to lease/purchase, but somethings gotta give in the near term.

Closest dealer to me has at least 12 LTD's on the lot, a few Overland, and a Trailhawk with the Hemi but nothing else in terms of options. I would want either a Overland w/Active Safety or Trailhawk w/Active Safety & Trailhawk Luxury. There's a few dealers in the area that have examples that meet that criteria, it just depends if they start discounting them more to makeup for the low residual. If they offer a strong dealer discount and incentives improve I would give serious consideration to buying now.

Don't expect much movement on the MF - they are already about as low as they can go.

The residual values are likely to go down over the next few months, as they get older and older.

The only real maneuver left is to increase the incentives available, which is the one piece of the puzzle we don't have any visibility into.

pensfan83

Michaell said:

Don't expect much movement on the MF - they are already about as low as they can go.

The residual values are likely to go down over the next few months, as they get older and older.

The only real maneuver left is to increase the incentives available, which is the one piece of the puzzle we don't have any visibility into.

Oh I don't anticipate that dropping farther, it's almost free money now. I'm not entirely surprised by RV dropping at this time of year....seems my lease is expiring at the wrong time. The the 2 FCA vehicles I was going to look at (JGC me, Durango wife) wouldn't seem to lease particularly well right now so it's likely they will be shelved unless there is some deep discounting, I'll find out in the 2-3 weeks when I start shopping. The sweet spot for them seems to have been end of 1st quarter, beginning of 2nd quarter.

aaronbev

Looking for MF, RV, and estimated Invoice on GC Limited with Lux II in New Jersey. Trying to see if typical negotiated price in this area is above/below invoice and by how much. Thanks!

kyfdx

aaronbev said:

Looking for MF, RV, and estimated Invoice on GC Limited with Lux II in New Jersey. Trying to see if typical negotiated price in this area is above/below invoice and by how much. Thanks!

What term and mileage allowance?

The pricing information is available on Edmunds, by using the Make/Model/Year tabs at the top of the page.

aaronbev

36/12 and 36/15. Sorry about that

dre_pdac

Can I get the MF and RV, 36/12k and 36/10k in MA:

GC Limited 4x4
GC Latitude 4x4

dre_pdac

I mean, Altitude!:)

Bobbyj007

Can I get the residual and money factor for 2017 Laredo Altitude 4x2 v6 In Palm Beach County Florida please 36 mos and 15k miles? I pay way too much for my Mazda6 2015, and I dont want to make the same mistakes. I have no idea how to keep the dealer honest though and make sure they are showing all of their cards. The sticker I'm looking at says it costs $38,325. Can I negotiate the price of the car from there? At this point in the year is $345 a month crazy to ask for? Is even that amount too much? I am so stressed out with this, and any expert advice would be greatly appreciated.

ben_great

Report a data point. Just signed lease today.

Location: Indianapolis, IN.

2017 Grand Cherokee Laredo 4x4, MSRP 39790, with all incentive/rebates, and $2000 down (first month payment included); 36 mth lease, 15000 mile/yr.

Final monthly payment 310/ Month x35 payments

ben_great

ben_great said:

Report a data point. Just signed lease today.

Location: Indianapolis, IN.

2017 Grand Cherokee Laredo 4x4, MSRP 39790, with all incentive/rebates, and $2000 down (first month payment included); 36 mth lease, 15000 mile/yr.

Final monthly payment 310/ Month x35 payments

Correction: Grand Cherokee Altitude 4x4

Michaell

aaronbev said:

Looking for MF, RV, and estimated Invoice on GC Limited with Lux II in New Jersey. Trying to see if typical negotiated price in this area is above/below invoice and by how much. Thanks!

aaronbev said:

36/12 and 36/15. Sorry about that

36/15 numbers; add 2% for 12K

Assuming 4x4, .00002 and 49%

Michaell

dre_pdac said:

Can I get the MF and RV, 36/12k and 36/10k in MA:

GC Limited 4x4
GC Latitude 4x4

dre_pdac said:

I mean, Altitude!:)

Limited - .00002 and 51% / 52%
Altitude - .00009 and 52% / 53%

Michaell

Bobbyj007 said:

Can I get the residual and money factor for 2017 Laredo Altitude 4x2 v6 In Palm Beach County Florida please 36 mos and 15k miles? I pay way too much for my Mazda6 2015, and I dont want to make the same mistakes. I have no idea how to keep the dealer honest though and make sure they are showing all of their cards. The sticker I'm looking at says it costs $38,325. Can I negotiate the price of the car from there? At this point in the year is $345 a month crazy to ask for? Is even that amount too much? I am so stressed out with this, and any expert advice would be greatly appreciated.

.00029 and 48%

Negotiate your best price - use the 'make / model / year' pull downs at the top of the page to get your target price.

Then, have the dealer disclose all the fees they are adding in (big doc fees in Florida). At that point, we can help you model a payment and compare to the number you are being quoted.

Michaell

ben_great said:

ben_great said:

Report a data point. Just signed lease today.

Location: Indianapolis, IN.

2017 Grand Cherokee Laredo 4x4, MSRP 39790, with all incentive/rebates, and $2000 down (first month payment included); 36 mth lease, 15000 mile/yr.

Final monthly payment 310/ Month x35 payments

Correction: Grand Cherokee Altitude 4x4

Congrats! Was this a Chrysler Capital lease?

ben_great

Michaell said:

ben_great said:

ben_great said:

Report a data point. Just signed lease today.

Location: Indianapolis, IN.

2017 Grand Cherokee Laredo 4x4, MSRP 39790, with all incentive/rebates, and $2000 down (first month payment included); 36 mth lease, 15000 mile/yr.

Final monthly payment 310/ Month x35 payments

Correction: Grand Cherokee Altitude 4x4

Congrats! Was this a Chrysler Capital lease?

Yes, That's through Chrysler. Is this a good price?

Michaell

ben_great said:

Michaell said:

ben_great said:

ben_great said:

Report a data point. Just signed lease today.

Location: Indianapolis, IN.

2017 Grand Cherokee Laredo 4x4, MSRP 39790, with all incentive/rebates, and $2000 down (first month payment included); 36 mth lease, 15000 mile/yr.

Final monthly payment 310/ Month x35 payments

Correction: Grand Cherokee Altitude 4x4

Congrats! Was this a Chrysler Capital lease?

Yes, That's through Chrysler. Is this a good price?

Yes

mtrainsho

Looking for MF and residuals for the following terms and models:
36 mo, 15k per year
Grand Cherokee 4x4 Limited 5.7L
Grand Cherokee 4x4 Overland 5.7L

I am in Chicagoland. Does one model lease out better than the other?

Michaell

mtrainsho said:

Looking for MF and residuals for the following terms and models:
36 mo, 15k per year
Grand Cherokee 4x4 Limited 5.7L
Grand Cherokee 4x4 Overland 5.7L

I am in Chicagoland. Does one model lease out better than the other?

Ltd - .00002 and 49%
Over - .00014 and 49%

Limited will lease better

mkvigti

Might I please get the residual and MF for a 2017 Grand Cherokee Limited 4x4 for a 36 month 12k/yr lease in New York (Long Island).

Thank you!

Michaell

mkvigti said:

Might I please get the residual and MF for a 2017 Grand Cherokee Limited 4x4 for a 36 month 12k/yr lease in New York (Long Island).

Thank you!

.00002 and 51%

mkvigti

Michaell said:

mkvigti said:

Might I please get the residual and MF for a 2017 Grand Cherokee Limited 4x4 for a 36 month 12k/yr lease in New York (Long Island).

Thank you!

.00002 and 51%

Thank you, sir.

pjfla1975

Hey Michaell, I've got a dealer in Minnesota at $32,432 for a Grand Cherokee Altitude. Can you estimate 36/12 payment please?

Michaell

pjfla1975 said:

Hey Michaell, I've got a dealer in Minnesota at $32,432 for a Grand Cherokee Altitude. Can you estimate 36/12 payment please?

What is the MSRP?

pjfla1975

Sorry, 39,490.

Also, tax is 6.99%, doc fees of $100, $0 down.

Dealer gave me MF of .00069 and RES of 52%

Michaell

pjfla1975 said:

Sorry, 39,490.

Also, tax is 6.99%, doc fees of $100, $0 down.

Dealer gave me MF of .00069 and RES of 52%

I show .00009 and 52%

Can you confirm that this is a Chrysler Capital funded lease?

sta2008

Could I get residual and MF for 2017 Overland 4x2 for 36/15k in Louisiana?

Does adding options affect residual at all?

kyfdx

sta2008 said:

Could I get residual and MF for 2017 Overland 4x2 for 36/15k in Louisiana?

Does adding options affect residual at all?

.00012 MF and 47% residual

Options don't affect the residual percentage, but of course, a higher MSRP will have a higher residual dollar amount.

smoothpuppy

Hi! Looking for MF/residual for 2017 GC Trailhawk in MA. 36mo/12k. Thanks!

Michaell

smoothpuppy said:

Hi! Looking for MF/residual for 2017 GC Trailhawk in MA. 36mo/12k. Thanks!

.00031 and 52%

pjfla1975

I will confirm this am. Can you run lease payment using .00009 and .00069?

Michaell said:

pjfla1975 said:

Sorry, 39,490.

Also, tax is 6.99%, doc fees of $100, $0 down.

Dealer gave me MF of .00069 and RES of 52%

I show .00009 and 52%

Can you confirm that this is a Chrysler Capital funded lease?

Michaell

pjfla1975 said:

I will confirm this am. Can you run lease payment using .00009 and .00069?

Michaell said:

pjfla1975 said:

Sorry, 39,490.

Also, tax is 6.99%, doc fees of $100, $0 down.

Dealer gave me MF of .00069 and RES of 52%

I show .00009 and 52%

Can you confirm that this is a Chrysler Capital funded lease?

$356/mo plus tax for .00069
$324/mo plus tax for .00009

pjfla1975

THANKS!

bjjeong

Hello,

Can I get the MF and RV for Southern CA.

GC Limited 4x2
36/10K
36/12K

smoothpuppy

Hi! Looking for MF/residual for 2017 GC Overland in MA. 36mo/12k. Thanks!

kyfdx

bjjeong said:

Hello,

Can I get the MF and RV for Southern CA.

GC Limited 4x2
36/10K
36/12K

.00008 MF and 51%/50% residual

kyfdx

smoothpuppy said:

Hi! Looking for MF/residual for 2017 GC Overland in MA. 36mo/12k. Thanks!

Assuming 4X4:

.00014 MF and 51% residual

smoothpuppy

Yes, thank you!!

knelson74

Can you tell me MF and RV for WA state (98101),  4x4 Limited and Altitude 36 mos, 12k/yr please?

Thank you.

kyfdx

knelson74 said:

Can you tell me MF and RV for WA state (98101),  4x4 Limited and Altitude 36 mos, 12k/yr please?

Thank you.

LTD: .00002 MF and 51% residual
ALT: .00009 MF and 52% residual

jeep1941

ben_great said:

Report a data point. Just signed lease today.

Location: Indianapolis, IN.

2017 Grand Cherokee Laredo 4x4, MSRP 39790, with all incentive/rebates, and $2000 down (first month payment included); 36 mth lease, 15000 mile/yr.

Final monthly payment 310/ Month x35 payments

please breakdown your final cap cost with incentives & dealer discount? thx

smoothpuppy

Any suggestions regarding recommended/target discount from MSRP (PRIOR to any incentives/rebates) on a GC 4x4 Limited or Trailhawk? 7-10% off MSRP before incentives? I have a dealer who claims no hassle/no negotiation pricing and 7.5-8% off. Not haggling is appealing, but I'm wondering if I could do better with a dealer who truly negotiates. Thanks for any advice!