2017 Jeep Grand Cherokee Lease Deals and Prices

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Comments

  • torifile1torifile1 Member Posts: 9
    Is there a thread for 2018? Any numbers on 2018s available yet? Overland, 4x4, 36/15 in 27707 if there are numbers available. 
  • MichaellMichaell Moderator Posts: 264,410
    torifile1 said:

    Is there a thread for 2018? Any numbers on 2018s available yet? Overland, 4x4, 36/15 in 27707 if there are numbers available. 

    No 2018 lease numbers for August.

    2018 JGC lease thread can be found, here:

    https://forums.edmunds.com/discussion/46754/jeep/grand-cherokee/2018-jeep-grand-cherokee-lease-questions/p1?new=1

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  • jeep1941jeep1941 Member Posts: 16
    What credit tier are the Chrysler Cap MF numbers you are quoting based on?

    What is their breakdown, e.g. SuperPrime 800+. Prime 700+, ect

    Thanks!
  • bridenbriden Member Posts: 18
    Michaell said:

    briden said:

    Michaell said:

    briden said:

    May I please have the MF and Residual for an Overland 4x4 in 21017 on a 36m, 15k lease? Also, do you know the rate for purchasing additional upfront miles, and for addt'l miles at least end?

    .00014 and 49%

    No specific information on up front or penalty mileage charges, but likely to be in the range of .15-.25 per mile.
    Can I have the numbers for the same lease on a Summit, please?
    Summit 4x4 - .00012 and 46%
    Would you please double check that MF on the Summit? Also, is there any difference between 21017 and 21061?
  • MichaellMichaell Moderator Posts: 264,410
    jeep1941 said:

    What credit tier are the Chrysler Cap MF numbers you are quoting based on?

    What is their breakdown, e.g. SuperPrime 800+. Prime 700+, ect

    Thanks!

    All numbers we quote are for top tier credit.

    We don't have the actual scores that correspond to the tiers, however.

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  • MichaellMichaell Moderator Posts: 264,410
    briden said:

    Michaell said:

    briden said:

    Michaell said:

    briden said:

    May I please have the MF and Residual for an Overland 4x4 in 21017 on a 36m, 15k lease? Also, do you know the rate for purchasing additional upfront miles, and for addt'l miles at least end?

    .00014 and 49%

    No specific information on up front or penalty mileage charges, but likely to be in the range of .15-.25 per mile.
    Can I have the numbers for the same lease on a Summit, please?
    Summit 4x4 - .00012 and 46%
    Would you please double check that MF on the Summit? Also, is there any difference between 21017 and 21061?
    Confirm .00012 on Summit 4x4.

    Yes, the numbers for the 2016's are much worse. You'd have to get a gigantic discount to make leasing a 2016 better.

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  • bridenbriden Member Posts: 18
    Michaell said:

    briden said:

    Michaell said:

    briden said:

    Michaell said:

    briden said:

    May I please have the MF and Residual for an Overland 4x4 in 21017 on a 36m, 15k lease? Also, do you know the rate for purchasing additional upfront miles, and for addt'l miles at least end?

    .00014 and 49%

    No specific information on up front or penalty mileage charges, but likely to be in the range of .15-.25 per mile.
    Can I have the numbers for the same lease on a Summit, please?
    Summit 4x4 - .00012 and 46%
    Would you please double check that MF on the Summit? Also, is there any difference between 21017 and 21061?
    Confirm .00012 on Summit 4x4.

    Yes, the numbers for the 2016's are much worse. You'd have to get a gigantic discount to make leasing a 2016 better.
    Thanks, Michaell, but I was referring to the ZIP codes 21017 and 21061 and if there was a difference in terms between the two. Reason I ask is a dealer in 21061 showed me a MF chart that listed .00016 on a Summit 4x4; SRT had .00012.
  • MichaellMichaell Moderator Posts: 264,410
    briden said:

    Michaell said:

    briden said:

    Michaell said:

    briden said:

    Michaell said:

    briden said:

    May I please have the MF and Residual for an Overland 4x4 in 21017 on a 36m, 15k lease? Also, do you know the rate for purchasing additional upfront miles, and for addt'l miles at least end?

    .00014 and 49%

    No specific information on up front or penalty mileage charges, but likely to be in the range of .15-.25 per mile.
    Can I have the numbers for the same lease on a Summit, please?
    Summit 4x4 - .00012 and 46%
    Would you please double check that MF on the Summit? Also, is there any difference between 21017 and 21061?
    Confirm .00012 on Summit 4x4.

    Yes, the numbers for the 2016's are much worse. You'd have to get a gigantic discount to make leasing a 2016 better.
    Thanks, Michaell, but I was referring to the ZIP codes 21017 and 21061 and if there was a difference in terms between the two. Reason I ask is a dealer in 21061 showed me a MF chart that listed .00016 on a Summit 4x4; SRT had .00012.
    Ha! Total misinterpretation on my part. Mondays .... go figure. :smile:

    No difference between the zip codes.

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  • kyfdxkyfdx Moderator Posts: 267,627
    briden said:

    Michaell said:

    briden said:

    Michaell said:

    briden said:

    Michaell said:

    briden said:

    May I please have the MF and Residual for an Overland 4x4 in 21017 on a 36m, 15k lease? Also, do you know the rate for purchasing additional upfront miles, and for addt'l miles at least end?

    .00014 and 49%

    No specific information on up front or penalty mileage charges, but likely to be in the range of .15-.25 per mile.
    Can I have the numbers for the same lease on a Summit, please?
    Summit 4x4 - .00012 and 46%
    Would you please double check that MF on the Summit? Also, is there any difference between 21017 and 21061?
    Confirm .00012 on Summit 4x4.

    Yes, the numbers for the 2016's are much worse. You'd have to get a gigantic discount to make leasing a 2016 better.
    Thanks, Michaell, but I was referring to the ZIP codes 21017 and 21061 and if there was a difference in terms between the two. Reason I ask is a dealer in 21061 showed me a MF chart that listed .00016 on a Summit 4x4; SRT had .00012.
    It's possible that MD has different numbers than the one region that we show. Money factors can vary slightly by region. A dealer isn't going to bother to markup the rate by that small of an amount.

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  • mtamsettmtamsett Member Posts: 9
    Thank you in advance. What is the MF & Residual on a 2017 Grand Cherokee Limited 4x4 in New York for 36-months/18k miles.
  • kyfdxkyfdx Moderator Posts: 267,627
    mtamsett said:

    Thank you in advance. What is the MF & Residual on a 2017 Grand Cherokee Limited 4x4 in New York for 36-months/18k miles.

    .00002 MF and 49% residual for 36/15.

    Have to check with a dealer for the residual deduction for the extra 9000 miles.

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  • jeep1941jeep1941 Member Posts: 16
    Can i please get MF / RV for MN on a 4x4 Ltd:

    36/10, 12, 15
    39/10, 12, 15

    Thanks!
  • MichaellMichaell Moderator Posts: 264,410
    jeep1941 said:

    Can i please get MF / RV for MN on a 4x4 Ltd:

    36/10, 12, 15
    39/10, 12, 15

    Thanks!

    .00007 and 49% (36/15) or 46% (39/15)

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

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  • jsevenseven1jsevenseven1 Member Posts: 12
    Hi,
    I am in the Chicago area and looking at a 2017 Jeep Grand Cherokee Summit or Overland 4x4.
    What is the money factor and residual for a 36 month lease. 10K and 12K.

    Thanks,
  • j027j027 Member Posts: 20
    Hello, please provide the MF and RV for a Limited 4x4 and Altitude 4x4 36/12 in NJ. Thanks.
  • MichaellMichaell Moderator Posts: 264,410

    Hi,
    I am in the Chicago area and looking at a 2017 Jeep Grand Cherokee Summit or Overland 4x4.
    What is the money factor and residual for a 36 month lease. 10K and 12K.

    Thanks,

    36/12 numbers - add 1% for 10K

    SUM - .00016 and 48%
    OVR - .00018 and 51%

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  • MichaellMichaell Moderator Posts: 264,410
    j027 said:

    Hello, please provide the MF and RV for a Limited 4x4 and Altitude 4x4 36/12 in NJ. Thanks.

    LTD - .00007 and 51%
    ALT - .00027 and 52%

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  • carhunter2011carhunter2011 Member Posts: 4
    edited August 2017
    Can I get the MF and residual for a 2017 Jeep Grand Cherokee Laredo 4x4 36 months 12k miles? Thanks!
  • MichaellMichaell Moderator Posts: 264,410

    Can I get the MF and residual for a 2017 Jeep Grand Cherokee Laredo 4x4 36 months 12k miles? Thanks!

    .00027 and 52%

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  • plavecchiaplavecchia Member Posts: 2
    Hi, is $423 a month a good deal in ct for 36/15k?

    2018 JGC Limited AWD
    MSRP $44,075
    dealer discount 41758 plus 4500 rebates
    Due at signing $3k (taxes registration and 1st month payment)
    thanks
  • MichaellMichaell Moderator Posts: 264,410

    Hi, is $423 a month a good deal in ct for 36/15k?

    2018 JGC Limited AWD
    MSRP $44,075
    dealer discount 41758 plus 4500 rebates
    Due at signing $3k (taxes registration and 1st month payment)
    thanks

    .00007 and 49%

    If I use $37,258 as the cap cost, I get $439/mo

    Your quote looks pretty good - is this a Chrysler Capital lease or a 3rd party bank?

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  • elliemaejelliemaej Member Posts: 79
    Hi lease ending soon on 2015 GC, looking to lease 2017 or 2018 GC Limited 36/12k, in Connecticut. Anyone have luck with returning early and the dealer absorbing the final payments (not rolling into new lease). Also, are 24 month leases an option?
  • MichaellMichaell Moderator Posts: 264,410
    elliemaej said:

    Hi lease ending soon on 2015 GC, looking to lease 2017 or 2018 GC Limited 36/12k, in Connecticut. Anyone have luck with returning early and the dealer absorbing the final payments (not rolling into new lease). Also, are 24 month leases an option?

    2017 GC Limited 36/12 - assuming 4x4, .00007 and 51%

    24/12 - .00022 and 59%

    The 2018 thread is here, but we don't have any numbers for August:

    https://forums.edmunds.com/discussion/46754/jeep/grand-cherokee/2018-jeep-grand-cherokee-lease-questions#latest

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  • MichaellMichaell Moderator Posts: 264,410
    Michaell said:

    Hi, is $423 a month a good deal in ct for 36/15k?

    2018 JGC Limited AWD
    MSRP $44,075
    dealer discount 41758 plus 4500 rebates
    Due at signing $3k (taxes registration and 1st month payment)
    thanks

    .00007 and 49%

    If I use $37,258 as the cap cost, I get $439/mo

    Your quote looks pretty good - is this a Chrysler Capital lease or a 3rd party bank?
    I'm sorry, I just noticed that you asked about the 2018, and I gave you 2017 numbers.

    We don't have any lease info for the 2018 Grand Cherokee for August.

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  • huskytigger93huskytigger93 Member Posts: 2
    Looking for RV and MF for 2017 JGC Summit and Overland in Phila, PA area at 36 months and 12k/year miles. Thank you!
  • MichaellMichaell Moderator Posts: 264,410

    Looking for RV and MF for 2017 JGC Summit and Overland in Phila, PA area at 36 months and 12k/year miles. Thank you!

    Assuming 4x4,

    SUM - .00016 and 48%
    OVR - .00018 and 51%

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  • jzapf711jzapf711 Member Posts: 1
    What an awesome site!

    Can you please provide me with the Money Factor and Residual Value of a 2017 Grand Cherokee Limited with Luxury II package? 36 month/10k miles. Pittsburgh, PA.

    MSRP 46735
    Negotiated Price 39250

    Also curious what I should be comfortable with paying at 0% down and 10% down...
  • MichaellMichaell Moderator Posts: 264,410
    jzapf711 said:

    What an awesome site!

    Can you please provide me with the Money Factor and Residual Value of a 2017 Grand Cherokee Limited with Luxury II package? 36 month/10k miles. Pittsburgh, PA.

    MSRP 46735
    Negotiated Price 39250

    Also curious what I should be comfortable with paying at 0% down and 10% down...

    .00007 and 52%, assuming 4x4

    That price looks to be for a 3rd party lease - Ally or US Bank - and we don't have their numbers.

    We suggest you limit the out of pocket to just the first payment and registration costs. Roll everything else into the lease.

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  • rjdwi262rjdwi262 Member Posts: 2
    This site is fantastic, I was seeing if the following was a good deal for a 2017 Overland v8 in the milwaukee area. I read through the forum and non of my calculations are adding up. Thanks in advance!

    MSRP: $52,780
    Sale Price: $50,517
    Rebates: $5,435

    Term: 36

    Miles: 12,000

    Down $1,000  

    Monthly: $518

  • MichaellMichaell Moderator Posts: 264,410
    rjdwi262 said:

    This site is fantastic, I was seeing if the following was a good deal for a 2017 Overland v8 in the milwaukee area. I read through the forum and non of my calculations are adding up. Thanks in advance!

    MSRP: $52,780
    Sale Price: $50,517
    Rebates: $5,435

    Term: 36

    Miles: 12,000

    Down $1,000  

    Monthly: $518

    .00018 and 51%, from Chrysler Capital.

    Confirm which bank your dealer is quoting their payment from - with those rebates, I'm pretty sure it's Ally or US Bank.

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  • pjfla1975pjfla1975 Member Posts: 13
    edited August 2017
    Hey Michaell, can you pass me MF/RV for 3/36 for this GC?
    http://www.jeffbelzercdjr.com/new/Jeep/2017-Jeep-Grand+Cherokee-77e0225b0a0e0a6b0cf40ddbcb560a19.htm

    Assume a sales price of $33k.

    And if possible, payment with $0 (just tax) or $5k out of pocket (In MN, so have to pay tax up front).
  • kyfdxkyfdx Moderator Posts: 267,627
    pjfla1975 said:

    Hey Michaell, can you pass me MF/RV for 3/36 for this GC?
    http://www.jeffbelzercdjr.com/new/Jeep/2017-Jeep-Grand+Cherokee-77e0225b0a0e0a6b0cf40ddbcb560a19.htm

    Assume a sales price of $33k.

    And if possible, payment with $0 (just tax) or $5k out of pocket (In MN, so have to pay tax up front).

    That's not formatting correctly on my screen.
    Can you tell me the trim?

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  • pjfla1975pjfla1975 Member Posts: 13
    Sorry, its a 4wd Altitude.
  • kyfdxkyfdx Moderator Posts: 267,627
    pjfla1975 said:

    Sorry, its a 4wd Altitude.

    .00009 MF and 52% residual

    MSRP?

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  • boilersimboilersim Member Posts: 12
    Looking for residual and MF for '17 Summit 4x4 v8 for 36/12k and 39/15k? Thank you!
  • MichaellMichaell Moderator Posts: 264,410
    boilersim said:

    Looking for residual and MF for '17 Summit 4x4 v8 for 36/12k and 39/15k? Thank you!

    .00016 and 48% / 46%

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  • zodiac080704zodiac080704 Member Posts: 17
    edited August 2017
    Looking for MF/Residual on 2017 Jeep GC Altitude 4x4 in NC 27513.

    Do you have 3rd party information as well or only Chysler Capital?
  • MichaellMichaell Moderator Posts: 264,410

    Looking for MF/Residual on 2017 Jeep GC Altitude 4x4 in NC 27513.

    Do you have 3rd party information as well or only Chysler Capital?

    .00027 and 50% for 36/15

    We only have Chrysler Capital information.

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  • zodiac080704zodiac080704 Member Posts: 17
    Thanks, sorry forgot to mention 36/10k. Not sure how I forgot that.
  • MichaellMichaell Moderator Posts: 264,410

    Thanks, sorry forgot to mention 36/10k. Not sure how I forgot that.

    53% residual

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  • zodiac080704zodiac080704 Member Posts: 17
    Michaell said:

    Thanks, sorry forgot to mention 36/10k. Not sure how I forgot that.

    53% residual
    Thanks! Although money factor I was given was .00009.

    Worked out a deal on an Altitude 4x4 today. First month due at signing and $412/month. Not bad considering a couple thousand negative equity rolled in. I had a deal lined up for $388/month before factoring trade at another dealer.
  • MichaellMichaell Moderator Posts: 264,410

    Michaell said:

    Thanks, sorry forgot to mention 36/10k. Not sure how I forgot that.

    53% residual
    Thanks! Although money factor I was given was .00009.

    Worked out a deal on an Altitude 4x4 today. First month due at signing and $412/month. Not bad considering a couple thousand negative equity rolled in. I had a deal lined up for $388/month before factoring trade at another dealer.
    Congrats!

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  • 2bgoofy2bgoofy Member Posts: 1
    Hi MIchaell,

    Great site...much appreciated.

    Looking at a 2017 JGC Trailhawk, MSRP $49,725, discounted to $47,611
    Quoted $3,250 for rebates, .00036% and 53%
    (Phoenix AZ) Sales tax 7.95%

    Need help with payment after tax, title and License (if possiible) two ways.

    $3000k down
    or
    $13,500 down

    Thank you!

    Shawn
  • MichaellMichaell Moderator Posts: 264,410
    2bgoofy said:

    Hi MIchaell,

    Great site...much appreciated.

    Looking at a 2017 JGC Trailhawk, MSRP $49,725, discounted to $47,611
    Quoted $3,250 for rebates, .00036% and 53%
    (Phoenix AZ) Sales tax 7.95%

    Need help with payment after tax, title and License (if possiible) two ways.

    $3000k down
    or
    $13,500 down

    Thank you!

    Shawn

    .00036 and 53% for 36/10

    If I use $44,361 as the cap cost, I get $567/mo with tax included for $0 down.

    We don't recommend down payments on leases - that money would be lost if the car is stolen and totaled.

    Just first payment and DMV costs at signing, if it were me.

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  • sana_21sana_21 Member Posts: 2
    Looking for residual and MF for '17 GC Altitude 4x4 for 36/12k and 39/15k?
    MSRP:$39490
    Sales Price: $36480

    $0 down. Quoted for .00027 and 51%

    St.Louis MO ( sales tax around 9%)

    Thanks!
  • kyfdxkyfdx Moderator Posts: 267,627
    sana_21 said:

    Looking for residual and MF for '17 GC Altitude 4x4 for 36/12k and 39/15k?
    MSRP:$39490
    Sales Price: $36480

    $0 down. Quoted for .00027 and 51%

    St.Louis MO ( sales tax around 9%)

    Thanks!

    36/12: .00009 MF and 52% residual
    39/15: .00009 MF and 48% residual

    Why do you need a different mileage allowance per year for a 39 month lease vs. a 36 month lease?

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  • cantu77cantu77 Member Posts: 1
    Looking for RV and MF for 2017 GC Limited 4x2, 36 mo/12k & 36 mo/15k.
    Los Angeles, CA
    Thank you!
  • MichaellMichaell Moderator Posts: 264,410
    cantu77 said:

    Looking for RV and MF for 2017 GC Limited 4x2, 36 mo/12k & 36 mo/15k.
    Los Angeles, CA
    Thank you!

    .00013 and 50% / 48%

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  • sana_21sana_21 Member Posts: 2
    kyfdx said:

    sana_21 said:

    Looking for residual and MF for '17 GC Altitude 4x4 for 36/12k and 39/15k?
    MSRP:$39490
    Sales Price: $36480

    $0 down. Quoted for .00027 and 51%

    St.Louis MO ( sales tax around 9%)

    Thanks!

    36/12: .00009 MF and 52% residual
    39/15: .00009 MF and 48% residual

    Why do you need a different mileage allowance per year for a 39 month lease vs. a 36 month lease?

    Sorry it's a typo. should be 36 months for 12k or 15k.

    If the adjusted cap cost is $36480, can you help me calculate the monthly payment?

    Dealer quoted (include Tax) for $469 per month for 12K and $495 for 15K.

    Thanks,

  • kyfdxkyfdx Moderator Posts: 267,627
    sana_21 said:

    kyfdx said:

    sana_21 said:

    Looking for residual and MF for '17 GC Altitude 4x4 for 36/12k and 39/15k?
    MSRP:$39490
    Sales Price: $36480

    $0 down. Quoted for .00027 and 51%

    St.Louis MO ( sales tax around 9%)

    Thanks!

    36/12: .00009 MF and 52% residual
    39/15: .00009 MF and 48% residual

    Why do you need a different mileage allowance per year for a 39 month lease vs. a 36 month lease?

    Sorry it's a typo. should be 36 months for 12k or 15k.

    If the adjusted cap cost is $36480, can you help me calculate the monthly payment?

    Dealer quoted (include Tax) for $469 per month for 12K and $495 for 15K.

    Thanks,

    Using my numbers, I get $448/mo. or $470/mo... plus tax

    That's pretty close

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