2017 Jeep Grand Cherokee Lease Deals and Prices

kyfdx

saabsandjeeps said:

Hello there!

Just joined this forum. This is for a 2017 GC Altitude 4x4 with sunroof lease.

MSRP: 41,480
employee pricing took MSRP down to about 38,500
36 mo/ 12k miles per year
6,500 in rebates (jeep celebration, Great Lakes, IDL and bonus cash)

The dealer didn't print the MF numbers for me, but I remember the residual is about 24,500 through Ally.

Can you tell me if 1,000 down (2049 total out of pocket thanks to taxes on rebates, 1st mo payment, plate transfer, doc fee, etc.) and $353/mo is a decent price?

Thank you!

We don't have the numbers for Ally leases.
But, your payment/upfronts seem pretty good, relative to MSRP.

kyfdx

annoyingcars said:

do you actually know the non FCA mf rates if trying to use IDL + lease cash?? would be interested in that as well for JGC Ltd 4x4 in bay area.

No.. we only have Chrysler Capital numbers.

cbw14

Hi - Looking at a 2017 JGC Overland RWD in FL - May I get the MF and Residual for 36 months 10K and 12K - Thanks for your help

elliemaej

Wanted to thank your for the great insight here and report back my lease deal in Southern Ct.
2017 GC Limited 4X4
36 montth 12k
MRSP 43975
Affiliates discount and dealer markdown to 40750
rebates brought down cap cost to 35952
only first months payment down of 416.86
and dealer is cutting me a check for my last month left on my current 2015 Jeep GC lease.

I feel like its a good deal and realizing my last deal was not that great, Paying $25 less a month than our previous lease (basically the same vehicle)

Michaell

cbw14 said:

Hi - Looking at a 2017 JGC Overland RWD in FL - May I get the MF and Residual for 36 months 10K and 12K - Thanks for your help

.00014 and 49% / 48%

Michaell

elliemaej said:

Wanted to thank your for the great insight here and report back my lease deal in Southern Ct.
2017 GC Limited 4X4
36 montth 12k
MRSP 43975
Affiliates discount and dealer markdown to 40750
rebates brought down cap cost to 35952
only first months payment down of 416.86
and dealer is cutting me a check for my last month left on my current 2015 Jeep GC lease.

I feel like its a good deal and realizing my last deal was not that great, Paying $25 less a month than our previous lease (basically the same vehicle)

Congrats! Every lease transaction is a learning experience - good that you were able to apply that knowledge to your latest deal.

need_a_car

Looking for residuals, MF, and incentives for Jeep Grand Cherokee Altitude 36mo/12k in Southern Nevada

Both 4x4 and 4x2

Thank you

Michaell

need_a_car said:

Looking for residuals, MF, and incentives for Jeep Grand Cherokee Altitude 36mo/12k in Southern Nevada

Both 4x4 and 4x2

Thank you

4x2 - .00018 and 48%
4x4 - .00018 and 51%

themisn

Any numbers on mf and residual for 2017 GC Limited 4x4 in NJ? 24/10, 36/10

scubasteve111

Could I please get the MF and residual for 2017 Overland/Limited 4x4 36/10k in FL? Thanks

kyfdx

themisn said:

Any numbers on mf and residual for 2017 GC Limited 4x4 in NJ? 24/10, 36/10

.00028 MF and 55% residual
.00019 MF and 49% residual

kyfdx

scubasteve111 said:

Could I please get the MF and residual for 2017 Overland/Limited 4x4 36/10k in FL? Thanks

Limited: .00019 MF and 49% residual
Overland: .00011 MF and 48% residual

sabe820

Looking for MF and residual for 2017 GC Laredo & Limited 4x4; 36/12K in MA. Thank you

ineedacar2

Can I please get the numbers to:
2017 GC Limited 4x4 36/15K and 12K in NJ
2017 GC Altitude 4x4 36/15K and 12K in NJ
Thanks in advance!

kyfdx

sabe820 said:

Looking for MF and residual for 2017 GC Laredo & Limited 4x4; 36/12K in MA. Thank you

Laredo: .00025 MF and 50% residual
Limited: .00019 MF and 49% residual

kyfdx

ineedacar2 said:

Can I please get the numbers to:
2017 GC Limited 4x4 36/15K and 12K in NJ
2017 GC Altitude 4x4 36/15K and 12K in NJ
Thanks in advance!

Limited: .00019 MF and 47%/49% residual
Altitude: .00025 MF and 48%/50% residual

adam127

Can I please have the number for the following in FL. All 10,000 miles, 4x2

2017 GC Larendo E
2017 GC Altitude
2017 GC Limited

Thanks!

scubasteve111

scubasteve111 said:
Could I please get the MF and residual for 2017 Overland/Limited 4x4 36/10k in FL? Thanks

Limited: .00019 MF and 49% residual
Overland: .00011 MF and 48% residual


This is for 4x4 and 36/10? Are residuals lower in FL than other states? Thanks again.

Michaell

adam127 said:

Can I please have the number for the following in FL. All 10,000 miles, 4x2

2017 GC Larendo E
2017 GC Altitude
2017 GC Limited

Thanks!

What lease term?

Michaell

scubasteve111 said:

scubasteve111 said:
Could I please get the MF and residual for 2017 Overland/Limited 4x4 36/10k in FL? Thanks

Limited: .00019 MF and 49% residual
Overland: .00011 MF and 48% residual


This is for 4x4 and 36/10? Are residuals lower in FL than other states? Thanks again.

50% residual for Limited 36/10
Limited MF and both Overland numbers are correct

Residuals are national.

adam127

Michaell said:

adam127 said:

Can I please have the number for the following in FL. All 10,000 miles, 4x2

2017 GC Larendo E
2017 GC Altitude
2017 GC Limited

Thanks!

What lease term?

What's the best option? 36,39 or 42?

kyfdx

adam127 said:

Michaell said:

adam127 said:

Can I please have the number for the following in FL. All 10,000 miles, 4x2

2017 GC Larendo E
2017 GC Altitude
2017 GC Limited

Thanks!

What lease term?

What's the best option? 36,39 or 42?

39/10

Laredo: .00050 MF and 48% residual
Altitude: .00050 MF and 48% residual
Limited: .00007 MF and 47% residual

themisn

Hi, one more if you can, 2017 GC Altitude 4x4 in NJ 36/10. Thanks again!

Michaell

themisn said:

Hi, one more if you can, 2017 GC Altitude 4x4 in NJ 36/10. Thanks again!

.00025 and 51%

ademelo2

MF & RV on a 2017 Grand Cherokee Altitude for 48/12 in MA? US Bank, Ally or CCAP. Any info on lease incentives?

kmatdenver

Should I just let the dealer know that I want the current residual and MF? Or, is that just a starting point and I will have to negotiate up from there?

Michaell

ademelo2 said:

MF & RV on a 2017 Grand Cherokee Altitude for 48/12 in MA? US Bank, Ally or CCAP. Any info on lease incentives?

We only have Chrysler Capital numbers.

48 month terms are not that great for Jeep.

.00025 and 50% is the best term, for 36/12

Michaell

kmatdenver said:

Should I just let the dealer know that I want the current residual and MF? Or, is that just a starting point and I will have to negotiate up from there?

The residual is fixed; if the dealer tries to submit the contract with the wrong residual, it will get kicked back by the bank.

For the MF, politely tell them you won't sign a deal where the MF is inflated. They know what the base rate is.

ademelo2

Michaell said:

ademelo2 said:

MF & RV on a 2017 Grand Cherokee Altitude for 48/12 in MA? US Bank, Ally or CCAP. Any info on lease incentives?

We only have Chrysler Capital numbers.

48 month terms are not that great for Jeep.

.00025 and 50% is the best term, for 36/12

I know, they're not the best, but do you have the numbers for 48/12 anyways?

luan_sb

hi, I'm new to this forum. I'm looking for a JGC Limited 4x2 12k/39 and here's what I received from the dealer after first contact:
MSRP $40,980
Selling PRICE $38,280
Capitalized Cost $34,266
Residual Value 46%
Down Payment of $2,000, we do not know trade in value
Term 39
Money Factor .00055 Based on Tier 2 credit. This can change when get credit
Acquisition Fee $595
Doc fees and registration $478.75.
Monthly Payment $428 Before Tax
Monthly Payment with tax $461.64

My zip code is 93109 - CA. Can you help me understand how this compares to MF and Residual based on my area?

Also, I hear that having a down payment is not recommended on a lease, but I could still trade in my car, which is probably worth around $1,000. So I'd like to negotiate that down payment to be lower. Any suggestions on that idea?

Finally, the dealer offered a 2018 model as well, which had a bigger discount on selling price and a residual of 53%, which brought the monthly payment with Tax to $467 (only $6 higher than the 2017 model). I'm curious as to why he wouldn't be trying to get rid of the 2017 instead. Any ideas?

Thanks!

Michaell

ademelo2 said:

Michaell said:

ademelo2 said:

MF & RV on a 2017 Grand Cherokee Altitude for 48/12 in MA? US Bank, Ally or CCAP. Any info on lease incentives?

We only have Chrysler Capital numbers.

48 month terms are not that great for Jeep.

.00025 and 50% is the best term, for 36/12

I know, they're not the best, but do you have the numbers for 48/12 anyways?

Standard MF and 43%

If you think the longer term will result in a lower payment, think again.

And, with a longer term, you'll likely be responsible for consumables, like tires and brakes.

Michaell

luan_sb said:

hi, I'm new to this forum. I'm looking for a JGC Limited 4x2 12k/39 and here's what I received from the dealer after first contact:
MSRP $40,980
Selling PRICE $38,280
Capitalized Cost $34,266
Residual Value 46%
Down Payment of $2,000, we do not know trade in value
Term 39
Money Factor .00055 Based on Tier 2 credit. This can change when get credit
Acquisition Fee $595
Doc fees and registration $478.75.
Monthly Payment $428 Before Tax
Monthly Payment with tax $461.64

My zip code is 93109 - CA. Can you help me understand how this compares to MF and Residual based on my area?

Also, I hear that having a down payment is not recommended on a lease, but I could still trade in my car, which is probably worth around $1,000. So I'd like to negotiate that down payment to be lower. Any suggestions on that idea?

Finally, the dealer offered a 2018 model as well, which had a bigger discount on selling price and a residual of 53%, which brought the monthly payment with Tax to $467 (only $6 higher than the 2017 model). I'm curious as to why he wouldn't be trying to get rid of the 2017 instead. Any ideas?

Thanks!

.00007 and 46% for 39/12; add .00021 for tier 2

Trade equity is the same as cash down - not a good idea. Use it to pay the first payment and DMV costs only, then get a check back from the dealer for the difference.

Generally, dealers want to rid themselves of old inventory, so I can't give you a good reason why the 2018 leases out at almost the same payment.

labrador22

Would you be able to provide the MF and residual on a 2017 Jeep GC Limited 4x4? 36/39 Months, 15k miles. I'm located in Massachusetts. Thank you!

Michaell

labrador22 said:

Would you be able to provide the MF and residual on a 2017 Jeep GC Limited 4x4? 36/39 Months, 15k miles. I'm located in Massachusetts. Thank you!

.00006 and 46% / 44%

jradglens

MF and residual on a 2017 GC Overland 5.7L V8 4x4 for 36/10, 36/12, 39/10, 39/12? I'm in MA.

Michaell

jradglens said:

MF and residual on a 2017 GC Overland 5.7L V8 4x4 for 36/10, 36/12, 39/10, 39/12? I'm in MA.

.00011 and 47% for both 36/12 and 39/12
Add 1% for 10K

adam127

MF and residual on a 2017 Altitude 4x4

48/10
39/10

Michaell

adam127 said:

MF and residual on a 2017 Altitude 4x4

48/10
39/10

39/10 - .00018 and 49%
48/10 - standard MF and 44%

adam127

Michaell said:

adam127 said:

MF and residual on a 2017 Altitude 4x4

48/10
39/10

39/10 - .00018 and 49%
48/10 - standard MF and 44%

Michaell,

Thanks for getting back to me.

Why is the 48 month not recommend more by dealers? Do not all dealers offer it? Maybe I'm missing something but see bellow.


MSRP 39,790
Sale Price 34,000

39/10
Monthly (with 7% tax) 425
Due at signing ~1200

48/10
Monthly (with 7% tax) 388
Due at signing ~1200

Yes you have the car longer but your payments are lower without paying a higher interest. At a rate of .432%, its much better than any finance. Especially with the great residual, if needed I see being able to sell it at CarMax after 36 months a possibility.

Again I just want to make sure I'm not missing anything else on the 48 month.

Also wanted to make sure that 5790 discount is a good amount on a 2017.

Michaell

adam127 said:

Michaell said:

adam127 said:

MF and residual on a 2017 Altitude 4x4

48/10
39/10

39/10 - .00018 and 49%
48/10 - standard MF and 44%

Michaell,

Thanks for getting back to me.

Why is the 48 month not recommend more by dealers? Do not all dealers offer it? Maybe I'm missing something but see bellow.


MSRP 39,790
Sale Price 34,000

39/10
Monthly (with 7% tax) 425
Due at signing ~1200

48/10
Monthly (with 7% tax) 388
Due at signing ~1200

Yes you have the car longer but your payments are lower without paying a higher interest. At a rate of .432%, its much better than any finance. Especially with the great residual, if needed I see being able to sell it at CarMax after 36 months a possibility.

Again I just want to make sure I'm not missing anything else on the 48 month.

Also wanted to make sure that 5790 discount is a good amount on a 2017.

Yes, the payment may be lower, but consider this:

1. Are you comfortable leasing vehicle out of warranty?
2. With a lease that long, you will be responsible for consumables, like tires or brakes.

Will the monthly payment savings be eaten up by the potential costs of those things?

adam127

Michaell said:

adam127 said:

Michaell said:

adam127 said:

MF and residual on a 2017 Altitude 4x4

48/10
39/10

39/10 - .00018 and 49%
48/10 - standard MF and 44%

Michaell,

Thanks for getting back to me.

Why is the 48 month not recommend more by dealers? Do not all dealers offer it? Maybe I'm missing something but see bellow.


MSRP 39,790
Sale Price 34,000

39/10
Monthly (with 7% tax) 425
Due at signing ~1200

48/10
Monthly (with 7% tax) 388
Due at signing ~1200

Yes you have the car longer but your payments are lower without paying a higher interest. At a rate of .432%, its much better than any finance. Especially with the great residual, if needed I see being able to sell it at CarMax after 36 months a possibility.

Again I just want to make sure I'm not missing anything else on the 48 month.

Also wanted to make sure that 5790 discount is a good amount on a 2017.

Yes, the payment may be lower, but consider this:

1. Are you comfortable leasing vehicle out of warranty?
2. With a lease that long, you will be responsible for consumables, like tires or brakes.

Will the monthly payment savings be eaten up by the potential costs of those things?

I just checked with my dealer. They show the rates for the 48 months but it 0s out the payment which means according to them that its not available. Is this true?

Also is 5500 off a good discount? This includes all incentives.

Michaell

adam127 said:

Michaell said:

adam127 said:

Michaell said:

adam127 said:

MF and residual on a 2017 Altitude 4x4

48/10
39/10

39/10 - .00018 and 49%
48/10 - standard MF and 44%

Michaell,

Thanks for getting back to me.

Why is the 48 month not recommend more by dealers? Do not all dealers offer it? Maybe I'm missing something but see bellow.


MSRP 39,790
Sale Price 34,000

39/10
Monthly (with 7% tax) 425
Due at signing ~1200

48/10
Monthly (with 7% tax) 388
Due at signing ~1200

Yes you have the car longer but your payments are lower without paying a higher interest. At a rate of .432%, its much better than any finance. Especially with the great residual, if needed I see being able to sell it at CarMax after 36 months a possibility.

Again I just want to make sure I'm not missing anything else on the 48 month.

Also wanted to make sure that 5790 discount is a good amount on a 2017.

Yes, the payment may be lower, but consider this:

1. Are you comfortable leasing vehicle out of warranty?
2. With a lease that long, you will be responsible for consumables, like tires or brakes.

Will the monthly payment savings be eaten up by the potential costs of those things?

I just checked with my dealer. They show the rates for the 48 months but it 0s out the payment which means according to them that its not available. Is this true?

Also is 5500 off a good discount? This includes all incentives.

They may be using a bank (Ally or US Bank) that does not support 48 month terms.

smittz32

Hey Michaell - thanks for providing all this info!

Would you be able to share the MF and residual on 2017 Limited 4x2 with 10k/miles 36 months?

Thanks

adam127

Wanted to get an opinion on a deal for a 4x2 Jeep GC Altitude.

MSRP 37,490
Selling Price 30,600
39 Months / 10,000 miles
Residual 48%
MF .00050 (Seem to be getting conflicting numbers on here, is that marked up for a 4x2 Altitude?)
Fees 1,595 (Dealer Fee, Acquisition Fee, Taxes, Registration)
Sales Tax 7%

Total due at signing 1,000
Monthly Payment with Tax 399

Michaell

smittz32 said:

Hey Michaell - thanks for providing all this info!

Would you be able to share the MF and residual on 2017 Limited 4x2 with 10k/miles 36 months?

Thanks

.00007 and 48%

Michaell

adam127 said:

Wanted to get an opinion on a deal for a 4x2 Jeep GC Altitude.

MSRP 37,490
Selling Price 30,600
39 Months / 10,000 miles
Residual 48%
MF .00050 (Seem to be getting conflicting numbers on here, is that marked up for a 4x2 Altitude?)
Fees 1,595 (Dealer Fee, Acquisition Fee, Taxes, Registration)
Sales Tax 7%

Total due at signing 1,000
Monthly Payment with Tax 399

.00050 and 48% are the correct numbers

I get a payment just north of $400/mo, tax included

What is the adjusted cap cost the dealer is using, to get that payment?

mblazer1

Can you let me know if this is good lease deal on Grand Cherokee limited. MSRP, 43,575. No money down. Total Cap Cost 37,184.90. MF .000190, residual 46%. Payment 490 (includes tax all in). term is 39 months.

kyfdx

mblazer1 said:

Can you let me know if this is good lease deal on Grand Cherokee limited. MSRP, 43,575. No money down. Total Cap Cost 37,184.90. MF .000190, residual 46%. Payment 490 (includes tax all in). term is 39 months.

39/10?

I get $450/mo.+tax with those numbers, so the calculations look good.

No idea if that's a competitive price, or not.

vsizzle39

What is the current MF and Residual for 2017 Grand Cherokee Limited 4x4 for NYC.
I'm looking at
39/12
39/15
36/12
36/15

Also what are the dealer incentives.

Michaell

vsizzle39 said:

What is the current MF and Residual for 2017 Grand Cherokee Limited 4x4 for NYC.
I'm looking at
39/12
39/15
36/12
36/15

Also what are the dealer incentives.

.00019 and 47% (36/15) or 46% (39/15)

Add 2% for 12K

No incentive information.