2017 Jeep Grand Cherokee Lease Deals and Prices

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Comments

  • MichaellMichaell Moderator Posts: 264,417

    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!

    We don't track pricing - check back a few pages on this thread to see what others have paid.

    Also, use the "make / model / year" pull downs at the top of the page to link to the price tools.

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  • jshwon78jshwon78 Member Posts: 18
    Hi,
    I was just given a quote for a GC Limited 4x2 of 57% residual and MF of 9 which I believe equates to .00375 in Houston. Is that off?
  • MichaellMichaell Moderator Posts: 264,417
    jshwon78 said:

    Hi,
    I was just given a quote for a GC Limited 4x2 of 57% residual and MF of 9 which I believe equates to .00375 in Houston. Is that off?

    That sounds like a third party lease.

    Chrysler Capital numbers are .00008 and 48% for 36/15

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  • jshwon78jshwon78 Member Posts: 18
    Michaell said:

    jshwon78 said:

    Hi,
    I was just given a quote for a GC Limited 4x2 of 57% residual and MF of 9 which I believe equates to .00375 in Houston. Is that off?

    That sounds like a third party lease.

    Chrysler Capital numbers are .00008 and 48% for 36/15
    Ah I'll need to check on that. Also for more info what would the payments look like with those numbers for the GC 4x2 3/12k with price being $32,418?

    And am I calculating correctly for MF? APR/2400=MF, MF*2400=APR
  • kyfdxkyfdx Moderator Posts: 267,637
    jshwon78 said:

    Michaell said:

    jshwon78 said:

    Hi,
    I was just given a quote for a GC Limited 4x2 of 57% residual and MF of 9 which I believe equates to .00375 in Houston. Is that off?

    That sounds like a third party lease.

    Chrysler Capital numbers are .00008 and 48% for 36/15
    Ah I'll need to check on that. Also for more info what would the payments look like with those numbers for the GC 4x2 3/12k with price being $32,418?

    And am I calculating correctly for MF? APR/2400=MF, MF*2400=APR
    We would need the MSRP to calculate a payment.

    Yes, on the APR equivalent calculation.

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  • jshwon78jshwon78 Member Posts: 18
    kyfdx said:

    jshwon78 said:

    Michaell said:

    jshwon78 said:

    Hi,
    I was just given a quote for a GC Limited 4x2 of 57% residual and MF of 9 which I believe equates to .00375 in Houston. Is that off?

    That sounds like a third party lease.

    Chrysler Capital numbers are .00008 and 48% for 36/15
    Ah I'll need to check on that. Also for more info what would the payments look like with those numbers for the GC 4x2 3/12k with price being $32,418?

    And am I calculating correctly for MF? APR/2400=MF, MF*2400=APR
    We would need the MSRP to calculate a payment.

    Yes, on the APR equivalent calculation.
    The MSRP is $43,390
    I'm being quoted $32,418 after rebates and incentives.

    Thanks,
  • gilbert_ivangilbert_ivan Member Posts: 3
    Hello,

    Can I have MF and RV for JGC Limited 4x4 36/12 and 39/12 lease please? Also do you know if there are any incentives at the moment?

    Thanks.
  • MichaellMichaell Moderator Posts: 264,417
    jshwon78 said:

    kyfdx said:

    jshwon78 said:

    Michaell said:

    jshwon78 said:

    Hi,
    I was just given a quote for a GC Limited 4x2 of 57% residual and MF of 9 which I believe equates to .00375 in Houston. Is that off?

    That sounds like a third party lease.

    Chrysler Capital numbers are .00008 and 48% for 36/15
    Ah I'll need to check on that. Also for more info what would the payments look like with those numbers for the GC 4x2 3/12k with price being $32,418?

    And am I calculating correctly for MF? APR/2400=MF, MF*2400=APR
    We would need the MSRP to calculate a payment.

    Yes, on the APR equivalent calculation.
    The MSRP is $43,390
    I'm being quoted $32,418 after rebates and incentives.

    Thanks,
    Is the $32,418 the selling price or the adjusted cap cost, after taxes and fees are accounted for?

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  • MichaellMichaell Moderator Posts: 264,417

    Hello,

    Can I have MF and RV for JGC Limited 4x4 36/12 and 39/12 lease please? Also do you know if there are any incentives at the moment?

    Thanks.

    .00002 and 51% / 48%

    No information on incentives

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  • jshwon78jshwon78 Member Posts: 18
    Michaell said:
    Hi, I was just given a quote for a GC Limited 4x2 of 57% residual and MF of 9 which I believe equates to .00375 in Houston. Is that off?
    That sounds like a third party lease. Chrysler Capital numbers are .00008 and 48% for 36/15
    Ah I'll need to check on that. Also for more info what would the payments look like with those numbers for the GC 4x2 3/12k with price being $32,418? And am I calculating correctly for MF? APR/2400=MF, MF*2400=APR
    We would need the MSRP to calculate a payment. Yes, on the APR equivalent calculation.
    The MSRP is $43,390 I'm being quoted $32,418 after rebates and incentives. Thanks,
    Is the $32,418 the selling price or the adjusted cap cost, after taxes and fees are accounted for?
    It would be the selling price. I would be trading a car in so the taxes/fees should only be a couple hundred dollars 
  • kyfdxkyfdx Moderator Posts: 267,637
    @jshwon78 Using the MF and residual that you gave, that would be $428/mo.

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  • jshwon78jshwon78 Member Posts: 18
    kyfdx said:
    @jshwon78 Using the MF and residual that you gave, that would be $428/mo.
    Understood. Would the numbers be different based on Chrysler Capital numbers at .00008 and 48%?
  • MichaellMichaell Moderator Posts: 264,417
    jshwon78 said:


    kyfdx said:

    @jshwon78 Using the MF and residual that you gave, that would be $428/mo.

    Understood. Would the numbers be different based on Chrysler Capital numbers at .00008 and 48%?

    I get $326/mo plus tax

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  • kyfdxkyfdx Moderator Posts: 267,637
    jshwon78 said:


    kyfdx said:

    @jshwon78 Using the MF and residual that you gave, that would be $428/mo.

    Understood. Would the numbers be different based on Chrysler Capital numbers at .00008 and 48%?

    It's not likely you'll get that selling price with a Chrysler Capital lease.

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  • jshwon78jshwon78 Member Posts: 18
    kyfdx said:

    jshwon78 said:


    kyfdx said:

    @jshwon78 Using the MF and residual that you gave, that would be $428/mo.

    Understood. Would the numbers be different based on Chrysler Capital numbers at .00008 and 48%?
    It's not likely you'll get that selling price with a Chrysler Capital lease.

    Really? So the rebates incentives separate from the lease numbers?
  • MichaellMichaell Moderator Posts: 264,417
    jshwon78 said:

    kyfdx said:

    jshwon78 said:


    kyfdx said:

    @jshwon78 Using the MF and residual that you gave, that would be $428/mo.

    Understood. Would the numbers be different based on Chrysler Capital numbers at .00008 and 48%?
    It's not likely you'll get that selling price with a Chrysler Capital lease.
    Really? So the rebates incentives separate from the lease numbers?

    There are large incentives available to dealers who sources their leases through Ally or US Bank. But, we don't have the MF or residual values for those banks, so we can't tell you if they've been marked up or not.

    If you use Chrysler Capital as the bank, there may be some incentives, but not likely as large as for 3rd party banks.

    Just want you to go into negotiations with your eyes open.

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  • jshwon78jshwon78 Member Posts: 18
    Thank you for that insight!
  • aaronbevaaronbev Member Posts: 6
    edited July 2017
    In North NJ, got an offer for $48,330 MSRP Grand Cherokee Limited with Lux II, 20 inch wheels, blind spot detectors. 36 months / 12K miles. $430/month. $2500 for taxes/fees due at signing.

    Decent deal?
  • kyfdxkyfdx Moderator Posts: 267,637
    aaronbev said:

    In North NJ, got an offer for $48,330 MSRP Grand Cherokee Limited with Lux II, 20 inch wheels, blind spot detectors. 36 months / 12K miles. $430/month. $2500 for taxes/fees due at signing.

    Decent deal?

    Yeah.. looks cheap

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  • jayl710jayl710 Member Posts: 20
    Could you please provide me with the MF and Residual in NJ for

    Trailhawk
    24-12K
    36-12K

    and

    Altitude 4x4
    24-12K
    36-12K

    Thank you.
  • MichaellMichaell Moderator Posts: 264,417
    jayl710 said:

    Could you please provide me with the MF and Residual in NJ for

    Trailhawk
    24-12K
    36-12K

    and

    Altitude 4x4
    24-12K
    36-12K

    Thank you.

    24/12
    TRL - .00021 and 60%
    ALT - .00027 and 61%

    36/12
    TRL - .00031 and 52%
    ALT - .00009 and 52%

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  • jayl710jayl710 Member Posts: 20
    Thanks a lot for such a quick response... first time I don't know exact vehicle I want. Looking at Grand Cherokee, Wrangler Unlimited and Durango R/T again ( which I currently have). What do you think of numbers changing if at all for August in a few days?

  • MichaellMichaell Moderator Posts: 264,417
    jayl710 said:

    Thanks a lot for such a quick response... first time I don't know exact vehicle I want. Looking at Grand Cherokee, Wrangler Unlimited and Durango R/T again ( which I currently have). What do you think of numbers changing if at all for August in a few days?

    No guesses as to what may happen next month.

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  • jshwon78jshwon78 Member Posts: 18
    Here is a lease quote I just received for the GC 4x2 Limited with Lux grp 2. The MF is .00333333. It through Ally which is giving $8500 in rebates. Hopefully you can see this. This is with just paying the first month as the drive out cost. Does it look ok?


  • MichaellMichaell Moderator Posts: 264,417
    jshwon78 said:

    Here is a lease quote I just received for the GC 4x2 Limited with Lux grp 2. The MF is .00333333. It through Ally which is giving $8500 in rebates. Hopefully you can see this. This is with just paying the first month as the drive out cost. Does it look ok?


    What is the MSRP?

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  • jshwon78jshwon78 Member Posts: 18
    Michaell said:
    Here is a lease quote I just received for the GC 4x2 Limited with Lux grp 2. The MF is .00333333. It through Ally which is giving $8500 in rebates. Hopefully you can see this. This is with just paying the first month as the drive out cost. Does it look ok?


    What is the MSRP?
    MSRP is $43,390
  • kyfdxkyfdx Moderator Posts: 267,637
    @jshwon78 That's a really solid deal.
    Not much sales tax... what state?

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  • jshwon78jshwon78 Member Posts: 18
    kyfdx said:
    @jshwon78 That's a really solid deal. Not much sales tax... what state?
    This is in Texas. The dealer said there was a tax credit being given going with ally. 
  • kyfdxkyfdx Moderator Posts: 267,637
    jshwon78 said:


    kyfdx said:

    @jshwon78 That's a really solid deal.
    Not much sales tax... what state?

    This is in Texas. The dealer said there was a tax credit being given going with ally. 

    Ah.. that's a huge bonus then. Saves you over $2000

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  • jshwon78jshwon78 Member Posts: 18
    kyfdx said:
    kyfdx said:
    @jshwon78 That's a really solid deal. Not much sales tax... what state?
    This is in Texas. The dealer said there was a tax credit being given going with ally. 
    Ah.. that's a huge bonus then. Saves you over $2000
    Awesome thanks for your help guys
  • davee926davee926 Member Posts: 4
    2017 JGC Laredo w/ Altitude Package.
    Peoria, AZ 85382
    MSRP 37640
    Price w/fees/taxes 35000
    MF .000620
    RV 19196.40

    0 down
    $475 month for 39 months @10k miles

    Good deal or no? If not, what's recommendation?  Thanks!!
  • MichaellMichaell Moderator Posts: 264,417
    davee926 said:

    2017 JGC Laredo w/ Altitude Package.
    Peoria, AZ 85382
    MSRP 37640
    Price w/fees/taxes 35000
    MF .000620
    RV 19196.40

    0 down
    $475 month for 39 months @10k miles

    Good deal or no? If not, what's recommendation?  Thanks!!

    4x4 or 4x2?

    How much is due at signing?

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  • jeep1941jeep1941 Member Posts: 16
    jshwon78 said:

    Here is a lease quote I just received for the GC 4x2 Limited with Lux grp 2. The MF is .00333333. It through Ally which is giving $8500 in rebates. Hopefully you can see this. This is with just paying the first month as the drive out cost. Does it look ok?


    what rebates did you qualify for? whats the breakdown of the $8500 - lease loyalty, conquest, military, ect?

    looks like dealer discounted it about $3K
  • davee926davee926 Member Posts: 4
    edited July 2017
    Michaell said:
    2017 JGC Laredo w/ Altitude Package.
    Peoria, AZ 85382
    MSRP 37640
    Price w/fees/taxes 35000
    MF .000620
    RV 19196.40

    0 down
    $475 month for 39 months @10k miles

    Good deal or no? If not, what's recommendation?  Thanks!!
    4x4 or 4x2? How much is due at signing?
    4x2 . I am trying to put literally nothing down today and have them roll the fees into the monthly.

    adjusted cap is 32785

    Ah, and I made a mistake, the residual after 39 months is 18443.60 if that changes things.

    Thanks for your help!
  • danny123456danny123456 Member Posts: 6
    Hello,

    Do you think this is a good deal?

    GC Altitude 12k miles 36 months
    MSRP 39790
    Sale Price 36988
    3000 incentives
    Fees are 1925
    MF .00009
    RV .52
    460/month 
    Located in NJ
    First month payment due at signing
  • kyfdxkyfdx Moderator Posts: 267,637
    davee926 said:


    Michaell said:

    2017 JGC Laredo w/ Altitude Package.
    Peoria, AZ 85382
    MSRP 37640
    Price w/fees/taxes 35000
    MF .000620
    RV 19196.40

    0 down
    $475 month for 39 months @10k miles

    Good deal or no? If not, what's recommendation?  Thanks!!
    4x4 or 4x2?

    How much is due at signing?

    4x2 . I am trying to put literally nothing down today and have them roll the fees into the monthly.

    adjusted cap is 32785

    Ah, and I made a mistake, the residual after 39 months is 18443.60 if that changes things.

    Thanks for your help!

    .00029 MF and 51% residual
    davee926 said:


    Michaell said:

    2017 JGC Laredo w/ Altitude Package.
    Peoria, AZ 85382
    MSRP 37640
    Price w/fees/taxes 35000
    MF .000620
    RV 19196.40

    0 down
    $475 month for 39 months @10k miles

    Good deal or no? If not, what's recommendation?  Thanks!!
    4x4 or 4x2?

    How much is due at signing?

    4x2 . I am trying to put literally nothing down today and have them roll the fees into the monthly.

    adjusted cap is 32785

    Ah, and I made a mistake, the residual after 39 months is 18443.60 if that changes things.

    Thanks for your help!

    Okay, .00029 MF and 49% residual for 39/12.

    With that adjusted CAP, I get $383/mo.+tax

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  • kyfdxkyfdx Moderator Posts: 267,637

    Hello,

    Do you think this is a good deal?

    GC Altitude 12k miles 36 months
    MSRP 39790
    Sale Price 36988
    3000 incentives
    Fees are 1925
    MF .00009
    RV .52
    460/month 
    Located in NJ
    First month payment due at signing

    What is the adjusted CAP cost?

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  • danny123456danny123456 Member Posts: 6
    kyfdx said:
    Hello,

    Do you think this is a good deal?

    GC Altitude 12k miles 36 months
    MSRP 39790
    Sale Price 36988
    3000 incentives
    Fees are 1925
    MF .00009
    RV .52
    460/month 
    Located in NJ
    First month payment due at signing
    What is the adjusted CAP cost?
    35913.39
  • MichaellMichaell Moderator Posts: 264,417


    kyfdx said:

    Hello,

    Do you think this is a good deal?

    GC Altitude 12k miles 36 months
    MSRP 39790
    Sale Price 36988
    3000 incentives
    Fees are 1925
    MF .00009
    RV .52
    460/month 
    Located in NJ
    First month payment due at signing

    What is the adjusted CAP cost?

    35913.39

    I get $428/mo with those numbers.

    Does the $1925 due at signing cover everything? Or, are some of the taxes and fees going back into the cap cost and the payment?

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  • danny123456danny123456 Member Posts: 6
    Michaell said:
    kyfdx said:
    Hello,

    Do you think this is a good deal?

    GC Altitude 12k miles 36 months
    MSRP 39790
    Sale Price 36988
    3000 incentives
    Fees are 1925
    MF .00009
    RV .52
    460/month 
    Located in NJ
    First month payment due at signing
    What is the adjusted CAP cost?
    35913.39
    I get $428/mo with those numbers. Does the $1925 due at signing cover everything? Or, are some of the taxes and fees going back into the cap cost and the payment?
    It's 460 due at signing, the fees are included with the lease payment.
  • MichaellMichaell Moderator Posts: 264,417


    Michaell said:


    kyfdx said:

    Hello,

    Do you think this is a good deal?

    GC Altitude 12k miles 36 months
    MSRP 39790
    Sale Price 36988
    3000 incentives
    Fees are 1925
    MF .00009
    RV .52
    460/month 
    Located in NJ
    First month payment due at signing

    What is the adjusted CAP cost?

    35913.39
    I get $428/mo with those numbers.

    Does the $1925 due at signing cover everything? Or, are some of the taxes and fees going back into the cap cost and the payment?

    It's 460 due at signing, the fees are included with the lease payment.

    If they are rolled in, then that looks like a good payment.

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  • ridgeliner2ridgeliner2 Member Posts: 13
    Can I get MF and Res. for a Grand Cherekee 4x4, Limited and Altitude Cleveland OH.

    36/12
    39/12

    Thank you.
  • kyfdxkyfdx Moderator Posts: 267,637

    Can I get MF and Res. for a Grand Cherekee 4x4, Limited and Altitude Cleveland OH.

    36/12
    39/12

    Thank you.

    LTD: .00002 MF and 51%/48% residual for 36/39 months
    ALT: .00009 MF and 52%/50% residual

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  • jsbeach209jsbeach209 Member Posts: 25
    Hi,

    MF / Residual 36/15
    2017 Jeep Grand Cherokee Summit 4x4 5.7
    2017 SRT 

    Thanks in advance.
  • kyfdxkyfdx Moderator Posts: 267,637

    Hi,

    MF / Residual 36/15
    2017 Jeep Grand Cherokee Summit 4x4 5.7
    2017 SRT 

    Thanks in advance.

    .00012 MF and 46%/49% residual for Summit/SRT

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  • baghutchbaghutch Member Posts: 1
    edited August 2017
    I'm wondering if this looks like a solid deal, and what I should consider between the 2 options? They wouldn't let me take the sheet home, so I'm rounding some of the numbers...

    2017 Grand Cherokee 4x4 Altitude in Ohio -- Lease for 36 months / 12,000 miles per year
    MSRP 39,790
    Sale price 34,000 (they said they are very firm on sale price)
    Est taxes ~ 1,900 brings total to 35,900
    Down Payment 5,000 brings adjusted cap to 30,900

    This is where I need help:
    They quoted me with an Ally lease with an RV of 58-59% for ~23,470, but with the Chrysler #'s (52%), the RV would be 20,690.

    They told me the payments would be approximately the same with either company, so the MF on the Ally lease is WAY higher, as the MF on the Chrysler lease (0.00009) gives a rent charge of just over $4/mo if I'm computing that correctly...

    So I guess my questions would be:
    1. Is this a fair deal?
    2. If so, what would be the better company to finance with?
    3. Would a lower residual value be a better option b/c it'd be cheaper to buy at the end of lease?
    4. Are they getting something out of it for pushing me to Ally and if so, should I try to use that to negotiate a better sale price? (I saw 2,000 mentioned earlier, should I try to get 1,000+ of that from them?)

    Sorry that was long, thank you in advance!
  • MichaellMichaell Moderator Posts: 264,417
    baghutch said:

    I'm wondering if this looks like a solid deal, and what I should consider between the 2 options? They wouldn't let me take the sheet home, so I'm rounding some of the numbers...

    2017 Grand Cherokee 4x4 Altitude in Ohio -- Lease for 36 months / 12,000 miles per year
    MSRP 39,790
    Sale price 34,000 (they said they are very firm on sale price)
    Est taxes ~ 1,900 brings total to 35,900
    Down Payment 5,000 brings adjusted cap to 30,900

    This is where I need help:
    They quoted me with an Ally lease with an RV of 58-59% for ~23,470, but with the Chrysler #'s (52%), the RV would be 20,690.

    They told me the payments would be approximately the same with either company, so the MF on the Ally lease is WAY higher, as the MF on the Chrysler lease (0.00009) gives a rent charge of just over $4/mo if I'm computing that correctly...

    So I guess my questions would be:
    1. Is this a fair deal?
    2. If so, what would be the better company to finance with?
    3. Would a lower residual value be a better option b/c it'd be cheaper to buy at the end of lease?
    4. Are they getting something out of it for pushing me to Ally and if so, should I try to use that to negotiate a better sale price? (I saw 2,000 mentioned earlier, should I try to get 1,000+ of that from them?)

    Sorry that was long, thank you in advance!

    We don't have the Ally lease numbers, so can't tell you if the MF the dealer is using is marked up or not. But yes, it will be higher than the Chrysler Capital MF, but that is offset with the big incentives.

    We also don't track prices, so can't tell you if there is more room to negotiate the selling price.

    If your intention is to keep the car after the end of the lease, you may be better off just buying it outright.

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    2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige

  • thehjicthehjic Member Posts: 15
    Good afternoon... Can I please get updated August numbers for:

    2017 Summit 4x4 (V6) / 36 mos. with 10k miles?

    Thanks,

    HJIC
  • MichaellMichaell Moderator Posts: 264,417
    thehjic said:

    Good afternoon... Can I please get updated August numbers for:

    2017 Summit 4x4 (V6) / 36 mos. with 10k miles?

    Thanks,

    HJIC

    .00012 and 49%

    Edmunds Price Checker
    Edmunds Lease Calculator
    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 / 2024 Kia Sportage Hybrid SX Prestige

  • jeep1941jeep1941 Member Posts: 16
    baghutch said:

    I'm wondering if this looks like a solid deal, and what I should consider between the 2 options? They wouldn't let me take the sheet home, so I'm rounding some of the numbers...

    2017 Grand Cherokee 4x4 Altitude in Ohio -- Lease for 36 months / 12,000 miles per year
    MSRP 39,790
    Sale price 34,000 (they said they are very firm on sale price)
    Est taxes ~ 1,900 brings total to 35,900
    Down Payment 5,000 brings adjusted cap to 30,900

    This is where I need help:
    They quoted me with an Ally lease with an RV of 58-59% for ~23,470, but with the Chrysler #'s (52%), the RV would be 20,690.

    They told me the payments would be approximately the same with either company, so the MF on the Ally lease is WAY higher, as the MF on the Chrysler lease (0.00009) gives a rent charge of just over $4/mo if I'm computing that correctly...

    So I guess my questions would be:
    1. Is this a fair deal?
    2. If so, what would be the better company to finance with?
    3. Would a lower residual value be a better option b/c it'd be cheaper to buy at the end of lease?
    4. Are they getting something out of it for pushing me to Ally and if so, should I try to use that to negotiate a better sale price? (I saw 2,000 mentioned earlier, should I try to get 1,000+ of that from them?)

    Sorry that was long, thank you in advance!

    Look at the ALLY lease above on that 4x2 LTD..$8500 in rebates and only $425 out of pocket. Id check with a different dealer. ALLY is known for giving big reabates. $5k out of pocket..ouch
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