2017 Jeep Grand Cherokee Lease Deals and Prices

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Comments

  • jcdallasjcdallas Member Posts: 2
    Hi all,

    which 4x4 5.7L trim has best leasing terms from mf and residual povs? Trailhawk, Overland, summit? Lease would be 36/12k. Thanks!
  • ridgeliner2ridgeliner2 Member Posts: 13
    Can I get MF and Residual for Limited and Overland 4x4, Cleveland OH ?

    36/12
    39/12
  • MichaellMichaell Moderator Posts: 264,410
    jcdallas said:

    Hi all,

    which 4x4 5.7L trim has best leasing terms from mf and residual povs? Trailhawk, Overland, summit? Lease would be 36/12k. Thanks!

    TRL - .00036 and 52%
    OVR - .00018 and 51%
    SUM - .00016 and 48%

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  • MichaellMichaell Moderator Posts: 264,410
    ridgeliner2 said:

    Can I get MF and Residual for Limited and Overland 4x4, Cleveland OH ?

    36/12
    39/12

    LTD - .00007 and 51% / 48%
    OVR - .00018 and 51% / 48%

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  • stingray23stingray23 Member Posts: 84
    Hello. May I please have current lease rates for a 2017 and 2018 JGC Summit 4x4 for 24 and 36 months and 7500 miles/yr? Are there any incentives for them? Kirkland, WA.
  • kyfdxkyfdx Moderator Posts: 267,627
    edited August 2017
    stingray23 said:

    Hello. May I please have current lease rates for a 2017 and 2018 JGC Summit 4x4 for 24 and 36 months and 7500 miles/yr? Are there any incentives for them? Kirkland, WA.

    10K/yr is the lowest allowance for Chrysler Capital
    .00026 MF and 57% residual
    .00012 MF and 49% residual

    Looks like they are waiving the acquisition fee, this month.
    No other incentive information.

    No 2018 numbers

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  • stingray23stingray23 Member Posts: 84
    kyfdx said:

    stingray23 said:

    Hello. May I please have current lease rates for a 2017 and 2018 JGC Summit 4x4 for 24 and 36 months and 7500 miles/yr? Are there any incentives for them? Kirkland, WA.

    10K/yr is the lowest allowance for Chrysler Capital
    .00026 MF and 57% residual
    .00012 MF and 49% residual

    Looks like they are waiving the acquisition fee, this month.
    No other incentive information.

    No 2018 numbers
    Thank You
  • dinosaur123dinosaur123 Member Posts: 24
    Hi. Can you please provide RV and MF for JGC Limited and Altitude, 36/12, for Maryland (Baltimore area)?
    Thanks very much.
  • kyfdxkyfdx Moderator Posts: 267,627
    dinosaur123 said:

    Hi. Can you please provide RV and MF for JGC Limited and Altitude, 36/12, for Maryland (Baltimore area)?
    Thanks very much.

    Assuming 4X4:

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

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  • dinosaur123dinosaur123 Member Posts: 24
    kyfdx said:

    dinosaur123 said:

    Hi. Can you please provide RV and MF for JGC Limited and Altitude, 36/12, for Maryland (Baltimore area)?
    Thanks very much.

    Assuming 4X4:

    LTD: .00002 MF and 51% residual
    ALT: .00009 MF and 52% residual
    Thank you and correct about 4X4. Why are the MFs so low?
  • kyfdxkyfdx Moderator Posts: 267,627
    dinosaur123 said:

    kyfdx said:

    dinosaur123 said:

    Hi. Can you please provide RV and MF for JGC Limited and Altitude, 36/12, for Maryland (Baltimore area)?
    Thanks very much.

    Assuming 4X4:

    LTD: .00002 MF and 51% residual
    ALT: .00009 MF and 52% residual
    Thank you and correct about 4X4. Why are the MFs so low?
    They are trying to sell cars... low money factors is a good thing.

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  • elliemaejelliemaej Member Posts: 79
    Michaell said:

    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
    Now that we are in September are the numbers the same? Any new incentives in Ct area?
  • kyfdxkyfdx Moderator Posts: 267,627
    elliemaej said:

    Michaell said:

    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
    Now that we are in September are the numbers the same? Any new incentives in Ct area?
    The new program doesn't start until September 6th

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  • mph1999mph1999 Member Posts: 4
    Hello:
    I am looking to lease a 2017 Grand Cherokee Laredo in NJ for 36mo/10k. MSRP is $35,790 and sale price should be around $31k. Does anyone have the MF and RV for September? Can you also predict a fair monthly payment? Assume paying just first month and DMV at signing.

    Also, if you have the MF and RV for GC Limited for NJ for September, that would be great.

    Thanks!
  • MichaellMichaell Moderator Posts: 264,410
    mph1999 said:

    Hello:
    I am looking to lease a 2017 Grand Cherokee Laredo in NJ for 36mo/10k. MSRP is $35,790 and sale price should be around $31k. Does anyone have the MF and RV for September? Can you also predict a fair monthly payment? Assume paying just first month and DMV at signing.

    Also, if you have the MF and RV for GC Limited for NJ for September, that would be great.

    Thanks!

    The current Jeep numbers don't expire until 5 September.

    Assuming 4x4, Laredo is .00009 and 53%; Limited is .00002 and 52%

    With the prices provided, I get $339/mo before taxes and fees.

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  • tvcham17tvcham17 Member Posts: 57
    edited September 2017
    2017 Jeep Grand Cherokee Limited 4x2
    36/15K
    75038

    2017 Jeep Grand Cherokee Altitude 4x2
    36/15K
    75038
  • MichaellMichaell Moderator Posts: 264,410
    tvcham17 said:

    2017
    Jeep Grand Cherokee Limited 4x2

    36/15K

    75038


    2017
    Jeep Grand Cherokee Altitude 4x2

    36/15K

    75038

    LTD - .00013 and 48%
    ALT - .00041 and 48%

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  • robert95z1robert95z1 Member Posts: 9
    edited September 2017
    Looking for numbers for the 2017 jeep grand Cherokee altitude edition 2x4. 36/10 ... 77539
  • robert95z1robert95z1 Member Posts: 9
    Good deal? 
  • MichaellMichaell Moderator Posts: 264,410
    robert95z1 said:

    Looking for numbers for the 2017 jeep grand Cherokee altitude edition 2x4. 36/10 ... 77539

    .00041 and 51%

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  • MichaellMichaell Moderator Posts: 264,410
    robert95z1 said:

    Good deal? 

    That looks like a quote from a 3rd party bank - we don't have those numbers.

    Be advised that TX assesses sales tax against the entire selling price, so your lease payment will be higher than in other states.

    Ask them to provide the adjusted cap cost, with taxes and fees added in.

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  • pompejcpompejc Member Posts: 12
    edited September 2017
    Do you have the lease rates for 2017 Summit and Overland as of September 6? Also, I'm trading down from a much more expensive car that is carrying negative equity. Any thoughts about the strategy using the discounts to absorb the negative equity and leasing near MSRP?
  • natebeaslenatebeasle Member Posts: 38
    Looking for RV/MF

    2017 or 18 Grand Cherokee

    Summit 4x4 V8 - 36/12 36/15

    Overland 4x4 V8 36/12 36/15

    Youngstown OH area

    and if anyone has any out of state high volume dealers i'd appreciate it, local dealers are killing me :/
  • MichaellMichaell Moderator Posts: 264,410
    pompejc said:

    Do you have the lease rates for 2017 Summit and Overland as of September 6? Also, I'm trading down from a much more expensive car that is carrying negative equity. Any thoughts about the strategy using the discounts to absorb the negative equity and leasing near MSRP?

    New programs won't be released until then.

    Negotiate your best price - better yet, wait it out until the negative equity shrinks or goes away completely. Every $1000 of negative equity adds about $28/mo to your pre-tax payment.

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  • robert95z1robert95z1 Member Posts: 9
    The adjusted cap cost is 32,041.66

    What do we think? 

    Michaell said:
    Do you have the lease rates for 2017 Summit and Overland as of September 6? Also, I'm trading down from a much more expensive car that is carrying negative equity. Any thoughts about the strategy using the discounts to absorb the negative equity and leasing near MSRP?
    New programs won't be released until then. Negotiate your best price - better yet, wait it out until the negative equity shrinks or goes away completely. Every $1000 of negative equity adds about $28/mo to your pre-tax payment.

  • MichaellMichaell Moderator Posts: 264,410
    robert95z1 said:

    The adjusted cap cost is 32,041.66

    What do we think? 

    Michaell said:



    pompejc said:

    Do you have the lease rates for 2017 Summit and Overland as of September 6? Also, I'm trading down from a much more expensive car that is carrying negative equity. Any thoughts about the strategy using the discounts to absorb the negative equity and leasing near MSRP?

    New programs won't be released until then.

    Negotiate your best price - better yet, wait it out until the negative equity shrinks or goes away completely. Every $1000 of negative equity adds about $28/mo to your pre-tax payment.



    Hard to say, since I don't have the 3rd party residuals or MF numbers.

    Can you have the dealer provide you a quote for the same unit through Chrysler Capital?

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  • alexball12alexball12 Member Posts: 4
    Hi all, long time reader, first time poster.

    I'm in the midst of negotiating a lease on a 2017 JGC Limited 4x4 in Indianapolis, IN. Here's where we stand, looking for feedback or advice.

    2017 Jeep Grand Cherokee Limited 4x4
    Lease for 36mo / 10k miles
    MSRP: $43,480
    Sales Price: $38,500 (Out The Door)
    MF: 0.00044
    RV: 52%

    Trading in my 2008 GC Laredo for a net credit of $3,200 towards the car.

    Payment of $379.40/mo + tax(?)

    Thoughts?

    Important to note they're probably overpaying on my trade by about $3k... I'm half inclined to take the deal just to take advantage of getting rid of my '08 Jeep for that price.
  • MichaellMichaell Moderator Posts: 264,410
    alexball12 said:

    Hi all, long time reader, first time poster.

    I'm in the midst of negotiating a lease on a 2017 JGC Limited 4x4 in Indianapolis, IN. Here's where we stand, looking for feedback or advice.

    2017 Jeep Grand Cherokee Limited 4x4
    Lease for 36mo / 10k miles
    MSRP: $43,480
    Sales Price: $38,500 (Out The Door)
    MF: 0.00044
    RV: 52%

    Trading in my 2008 GC Laredo for a net credit of $3,200 towards the car.

    Payment of $379.40/mo + tax(?)

    Thoughts?

    Important to note they're probably overpaying on my trade by about $3k... I'm half inclined to take the deal just to take advantage of getting rid of my '08 Jeep for that price.

    If I use $35,200 as the cap cost, I get $378/mo plus tax, so very close to your dealer quote.

    Is there a chance you can get the dealer to cut you a check for the equity they are giving you? We aren't big fans of large up front payments for leases - that money would be lost if the car is stolen or totaled.

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  • alexball12alexball12 Member Posts: 4
    Michaell said:
    Hi all, long time reader, first time poster. I'm in the midst of negotiating a lease on a 2017 JGC Limited 4x4 in Indianapolis, IN. Here's where we stand, looking for feedback or advice. 2017 Jeep Grand Cherokee Limited 4x4 Lease for 36mo / 10k miles MSRP: $43,480 Sales Price: $38,500 (Out The Door) MF: 0.00044 RV: 52% Trading in my 2008 GC Laredo for a net credit of $3,200 towards the car. Payment of $379.40/mo + tax(?) Thoughts? Important to note they're probably overpaying on my trade by about $3k... I'm half inclined to take the deal just to take advantage of getting rid of my '08 Jeep for that price.
    If I use $35,200 as the cap cost, I get $378/mo plus tax, so very close to your dealer quote. Is there a chance you can get the dealer to cut you a check for the equity they are giving you? We aren't big fans of large up front payments for leases - that money would be lost if the car is stolen or totaled.
    I will certainly ask for it. KBB has the value at a net $200, so I was just happy to get out of the car with anything. 

    Otherwise, look like a solid deal?
  • MichaellMichaell Moderator Posts: 264,410
    alexball12 said:


    Michaell said:

    alexball12 said:

    Hi all, long time reader, first time poster.

    I'm in the midst of negotiating a lease on a 2017 JGC Limited 4x4 in Indianapolis, IN. Here's where we stand, looking for feedback or advice.

    2017 Jeep Grand Cherokee Limited 4x4
    Lease for 36mo / 10k miles
    MSRP: $43,480
    Sales Price: $38,500 (Out The Door)
    MF: 0.00044
    RV: 52%

    Trading in my 2008 GC Laredo for a net credit of $3,200 towards the car.

    Payment of $379.40/mo + tax(?)

    Thoughts?

    Important to note they're probably overpaying on my trade by about $3k... I'm half inclined to take the deal just to take advantage of getting rid of my '08 Jeep for that price.

    If I use $35,200 as the cap cost, I get $378/mo plus tax, so very close to your dealer quote.

    Is there a chance you can get the dealer to cut you a check for the equity they are giving you? We aren't big fans of large up front payments for leases - that money would be lost if the car is stolen or totaled.

    I will certainly ask for it. KBB has the value at a net $200, so I was just happy to get out of the car with anything. 

    Otherwise, look like a solid deal?

    My calculations are in-line with the dealer quote; only way to improve it is to negotiate a higher price for your trade or a lower selling price on the new car.

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  • jsbeach209jsbeach209 Member Posts: 25
    Hi, 

    MF / Residual 36/15 in Pa

    2017 summit 4x4 v8
    2017 SRT Jeep

    thanks in advance.
  • rock514rock514 Member Posts: 4
    Hi, what is the MF and Residual for a Jeep Grand Cherokee Limited 4x4 in RI/CT/MA 36/15 for the new month. Thanks!
  • stingray23stingray23 Member Posts: 84
    Are the september numbers out yet?
  • natebeaslenatebeasle Member Posts: 38
    Looking for MF/RV 36/15 &12

    4x4 V8 Summit
    4x4 V8 Overland

    NE Ohio
  • hiphappyhiphappy Member Posts: 11
    Looking for MF/RV for 36/15

    4x4 Ltd.
    4x4 Altitude
    4x4 Laredo E

    Nassau County, NY (11530)

    Thanks in advance!
  • stingray23stingray23 Member Posts: 84
    ???? Anything?
  • jyotikanandamajyotikanandama Member Posts: 12
    New September numbers?

    4x4 V6 Overland for 36/10 ~ in Ventura County, CA

    Thank you! :)
  • stingray23stingray23 Member Posts: 84
    Seems to be top secret. Not even dealers are giving me this info. WTF
  • jyotikanandamajyotikanandama Member Posts: 12
    stingray23 said:

    Seems to be top secret. Not even dealers are giving me this info. WTF

    That's nuts! I've never heard of such a thing. I'm headed to the dealer now (into the wolves' den) to test drive, will let you know what I find.
  • stingray23stingray23 Member Posts: 84
    Great. Thanks.Looking for summit and trailhawk 4x4
  • MichaellMichaell Moderator Posts: 264,410
    jsbeach209 said:

    Hi, 

    MF / Residual 36/15 in Pa

    2017 summit 4x4 v8
    2017 SRT Jeep

    thanks in advance.

    SUM - .00011 and 45%
    SRT - .00012 and 49%

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  • MichaellMichaell Moderator Posts: 264,410
    rock514 said:

    Hi, what is the MF and Residual for a Jeep Grand Cherokee Limited 4x4 in RI/CT/MA 36/15 for the new month. Thanks!

    .00007 and 48%

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  • MichaellMichaell Moderator Posts: 264,410
    stingray23 said:

    Are the september numbers out yet?

    They are, as of today.

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  • MichaellMichaell Moderator Posts: 264,410
    natebeasle said:

    Looking for MF/RV 36/15 &12

    4x4 V8 Summit
    4x4 V8 Overland

    NE Ohio

    36/15 numbers; add 2% for 12K
    SUM - .00011 and 45%
    OVR - .00015 and 48%

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  • MichaellMichaell Moderator Posts: 264,410
    hiphappy said:

    Looking for MF/RV for 36/15

    4x4 Ltd.
    4x4 Altitude
    4x4 Laredo E

    Nassau County, NY (11530)

    Thanks in advance!

    LTD - .00007 and 48%
    ALT - .00018 and 49%
    LAR - .00018 and 49%

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  • MichaellMichaell Moderator Posts: 264,410
    jyotikanandama said:

    New September numbers?

    4x4 V6 Overland for 36/10 ~ in Ventura County, CA

    Thank you! :)

    .00015 and 51%

    What dealer are you shopping - I was an Oxnard native ....

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  • MichaellMichaell Moderator Posts: 264,410
    stingray23 said:

    Great. Thanks.Looking for summit and trailhawk 4x4

    What lease term and how many miles per year?

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  • stingray23stingray23 Member Posts: 84
    edited September 2017
    36/12. Also, if you have the numbers for 2018 JGC Summit 4x4 and 2018 Trail hawk.
    Thank you
  • MichaellMichaell Moderator Posts: 264,410
    stingray23 said:

    36/12. Also, if you have the numbers for 2018 JGC Summit 4x4 and 2018 Trail hawk.
    Thank you

    I've just started a 2018 Grand Cherokee thread, here:

    https://forums.edmunds.com/discussion/47000/jeep/grand-cherokee/2018-jeep-grand-cherokee-lease-deals-and-prices/p1?new=1

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  • stingray23stingray23 Member Posts: 84
    edited September 2017
    Ok, how about the 2017 summit 4x4 and trail hawk then? 36/12
    Thanks
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