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2017 Jeep Grand Cherokee Lease Deals and Prices

1568101133

Comments

  • MichaellMichaell ColoradoPosts: 140,786
    eldanorex said:

    kyfdx said:

    eldanorex said:

    hello, can I get the MF and Residual value on the Laredo 4X2? 36/12k in Los Angeles, Ca.

    .00018 MF and 57% residual
    Thank you! This is coming from Chrysler correct?
    That is correct.

    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 / 2014 MINI Countryman S ALL4

  • MichaellMichaell ColoradoPosts: 140,786

    Wondering how this deal looks...
    In Connecticut...2017 Jeep Grand Cherokee Limited 4x4 with the Luxury II Package. 36 months, 12,000 miles per year, payment is $564 per month, $0 due at signing (all fees rolled in). MSRP is $46,635. I don't have the sale price, although the sales manager told me it was $100 under invoice and then a $750 incentive on the lease. An Overland 4x4 loaded was $616 a month from the same dealership. Any input would be greatly appreciated!

    What are the selling prices?

    Lease numbers are as follows:

    Limited 4x4 - .00006 and 57%
    Overland 4x4 - .00007 and 56%

    If we can get the specific prices, we can run the payments.

    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 / 2014 MINI Countryman S ALL4

  • camacamacamacama Posts: 5
    edited January 2017
    May I have the residual and money factor for laredo with preferred altitude package 4x2 $38,285 msrp ($34,785 after rebates) for 36/12 and 36/15? Zip code 33437, what would be a fair lease payment also with $0 down?
  • kyfdxkyfdx Posts: 148,312
    edited January 2017
    camacama said:

    May I have the residual and money factor for laredo with preferred altitude package 4x2 $38,285 msrp ($34,785 after rebates) for 36/12 and 36/15? Zip code 33437, what would be a fair lease payment also with $0 down?

    .00018 MF and 57%/55% residual

    If that price is good on a lease, then $391/mo.+tax, assuming all other costs are paid upfront. (36/15)

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • May I please have the MF and residual for a 2017 Jeep Grand Cherokee Overland 4X2? Term would be 36 mos/12K
  • Hey Michaell...the MSRP is $46,635 and the selling price is $44,635. Would also wondering a reasonable price for the same exact vehicle, just at a different dealership for $43,885. Thanks!
  • kyfdxkyfdx Posts: 148,312
    jct28580 said:

    May I please have the MF and residual for a 2017 Jeep Grand Cherokee Overland 4X2? Term would be 36 mos/12K

    .00006 MF and 54% residual

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • kyfdxkyfdx Posts: 148,312

    Hey Michaell...the MSRP is $46,635 and the selling price is $44,635. Would also wondering a reasonable price for the same exact vehicle, just at a different dealership for $43,885. Thanks!

    If the selling price is the CAP cost, then $506/mo.+tax
    But, I didn't add any of the fees, etc, as those weren't quoted.

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • kyfdx said:

    camacama said:

    May I have the residual and money factor for laredo with preferred altitude package 4x2 $38,285 msrp ($34,785 after rebates) for 36/12 and 36/15? Zip code 33437, what would be a fair lease payment also with $0 down?

    .00018 MF and 57%/55% residual

    If that price is good on a lease, then $391/mo.+tax, assuming all other costs are paid upfront. (36/15)
    Thank you! Out of curiosity, what is the money factor and residual on 39/12?
  • thanks Michaell!  always appreciate the help. for what its worth to the other forum members, found a dealership that will do $0 down, 36 month, 12,000 miles a year Grand Cherokee Limited 4x4 with the Luxury II package, Blind Spot Monitoring package willing to do $490 a month  MSRP was $46,635, but didnt pay that. 
  • kyfdxkyfdx Posts: 148,312
    camacama said:

    kyfdx said:

    camacama said:

    May I have the residual and money factor for laredo with preferred altitude package 4x2 $38,285 msrp ($34,785 after rebates) for 36/12 and 36/15? Zip code 33437, what would be a fair lease payment also with $0 down?

    .00018 MF and 57%/55% residual

    If that price is good on a lease, then $391/mo.+tax, assuming all other costs are paid upfront. (36/15)
    Thank you! Out of curiosity, what is the money factor and residual on 39/12?
    Subtract 5% from 36 month residual. Stick with 36 months.

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • kyfdxkyfdx Posts: 148,312

    thanks Michaell!  always appreciate the help. for what its worth to the other forum members, found a dealership that will do $0 down, 36 month, 12,000 miles a year Grand Cherokee Limited 4x4 with the Luxury II package, Blind Spot Monitoring package willing to do $490 a month  MSRP was $46,635, but didnt pay that. 

    Looks like a good deal.

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • Hi, i'm looking for the MF & Residual (10k/12k/15k) on a 2017 Overland 4x4 V6. Thanks Michael!
  • Hi,

    Just wondering if this is a good deal for a 2017 Grand Cherokee Limited 4x4 with 8.4 NAV and Power Sunroof in Detroit, MI. MSRP is $43,380 but I used an employee discount and other rebates. Lease payment I am quoted at is $335 for 36 month 12K miles with $750 down which includes first month and fees. Thank you!
  • kyfdxkyfdx Posts: 148,312
    cmaccali said:

    Hi, i'm looking for the MF & Residual (10k/12k/15k) on a 2017 Overland 4x4 V6. Thanks Michael!

    .00007 MF and 57%/56%/54% residual for 36 months.

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • kyfdxkyfdx Posts: 148,312

    Hi,

    Just wondering if this is a good deal for a 2017 Grand Cherokee Limited 4x4 with 8.4 NAV and Power Sunroof in Detroit, MI. MSRP is $43,380 but I used an employee discount and other rebates. Lease payment I am quoted at is $335 for 36 month 12K miles with $750 down which includes first month and fees. Thank you!

    Yes, incredibly cheap.

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • Hi

    I'm looking for the MF & residual on a 17 Grand Cherokee Altitude in Rhode Island. 

    36/12
    36/15

    Thanks in advance
  • kyfdxkyfdx Posts: 148,312
    joepes82 said:

    Hi

    I'm looking for the MF & residual on a 17 Grand Cherokee Altitude in Rhode Island. 

    36/12
    36/15

    Thanks in advance

    Assuming 4X4?

    .00002 MF and 58%/56% residual

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • Can you Please give me your thoughts on this deal? I know MF is high because it is with Ally but residual is also at 58% vs 54% with Chrysler. Your thoughts would be appreciated.

    2017 Overland 4X2
    MSRP $46,780.00
    Dealer Discount $1919.00
    Agreed Upon Value $44861.00
    Ally Administrative Fee $595.00
    Capitalized fees and taxes $1595.00 (not specified what they are)
    Gross Capitalized Cost $47,051.00
    Program CCRA/Other $6750.00
    Adjusted Capitalized Cost $40,301.00
    36 mos / 12 K miles (in NC)
    58% Residual of $27,132.40
    Total Base Payment $558.39
    NC Tax 3%/mo $16.75
    Total Monthly Payment $575.14

    Total Payments $20,705.04

    Adjusted Capitalized Costs $40,301.00
    Less Adjusted Residual Value $27,132.40
    Depreciation and Amoritized Amounts $13,168.60 (Depreciation $10,978.60 and Amoritzed Amts 2190.00)

    Total Base Payments $20,102.04
    Less Depreciation and Amortized Amounts $13168.60
    Total Rent Charge $6933.44 (I'm lost on how they calculate this amount - I thought it would be selling price less the residual then amortized at the applicable rate.


    They also list Program CCRA $5250.00
    MFG Rebates $1500.00


    Can you help me understand the rent charge??
  • martoddmartodd Posts: 23
    Can I get MF and RV on Laredo 4x2 and 4x4 36/12 and 24/12 in So Cal area? Getting a great deal on Chev Equinox but hoping to get a good deal when turn in leased Jeep Cherokee so would like to compare. Thanks!
  • kyfdxkyfdx Posts: 148,312
    jct28580 said:

    Can you Please give me your thoughts on this deal? I know MF is high because it is with Ally but residual is also at 58% vs 54% with Chrysler. Your thoughts would be appreciated.

    2017 Overland 4X2
    MSRP $46,780.00
    Dealer Discount $1919.00
    Agreed Upon Value $44861.00
    Ally Administrative Fee $595.00
    Capitalized fees and taxes $1595.00 (not specified what they are)
    Gross Capitalized Cost $47,051.00
    Program CCRA/Other $6750.00
    Adjusted Capitalized Cost $40,301.00
    36 mos / 12 K miles (in NC)
    58% Residual of $27,132.40
    Total Base Payment $558.39
    NC Tax 3%/mo $16.75
    Total Monthly Payment $575.14

    Total Payments $20,705.04

    Adjusted Capitalized Costs $40,301.00
    Less Adjusted Residual Value $27,132.40
    Depreciation and Amoritized Amounts $13,168.60 (Depreciation $10,978.60 and Amoritzed Amts 2190.00)

    Total Base Payments $20,102.04
    Less Depreciation and Amortized Amounts $13168.60
    Total Rent Charge $6933.44 (I'm lost on how they calculate this amount - I thought it would be selling price less the residual then amortized at the applicable rate.


    They also list Program CCRA $5250.00
    MFG Rebates $1500.00


    Can you help me understand the rent charge??

    The rent charge is the finance portion of the payments.
    (Adjusted CAP + residual) X money factor = monthly rent charge.
    Did they disclose the money factor?
    Looks like it's about .00350 (8.4% APR, equivalent)

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • kyfdxkyfdx Posts: 148,312
    martodd said:

    Can I get MF and RV on Laredo 4x2 and 4x4 36/12 and 24/12 in So Cal area? Getting a great deal on Chev Equinox but hoping to get a good deal when turn in leased Jeep Cherokee so would like to compare. Thanks!

    4X2:
    .00020 MF and 65% residual
    .00018 MF and 57% residual
    4X4:
    .00021 MF and 65% residual
    .00002 MF and 58% residual

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • martoddmartodd Posts: 23
    kyfdx said:

    martodd said:

    Can I get MF and RV on Laredo 4x2 and 4x4 36/12 and 24/12 in So Cal area? Getting a great deal on Chev Equinox but hoping to get a good deal when turn in leased Jeep Cherokee so would like to compare. Thanks!

    4X2:
    .00020 MF and 65% residual
    .00018 MF and 57% residual
    4X4:
    .00021 MF and 65% residual
    .00002 MF and 58% residual
    Thank you!!
  • Yes they did - they stated it was .0028 or 6.75%. I used the lease calculator at Edmunds and entered their numbers but kept getting a lower payment using the .0028 as they had stated. I also used the numbers you had given of 54% residual and .00006 MF and was able to calculate etc. The lower residual with Chrysler is actually offset by the far less money factor by my calculations.
  • kyfdxkyfdx Posts: 148,312
    jct28580 said:

    Yes they did - they stated it was .0028 or 6.75%. I used the lease calculator at Edmunds and entered their numbers but kept getting a lower payment using the .0028 as they had stated. I also used the numbers you had given of 54% residual and .00006 MF and was able to calculate etc. The lower residual with Chrysler is actually offset by the far less money factor by my calculations.

    Yes.. if the independent bank lease comes with a $5250 rebate, and an extra 4% on the residual ($1800+), then that more than offsets the full finance charge, so it's not surprising that it makes for a cheaper payment than the CC lease.

    On the negative side: With more finance charge, and less depreciation, the payoff balance will be higher than with a CC lease, for the 2nd half of the lease. So, if you like to trade out early, etc.. you'll be giving back some of that advantage. Same goes for if you want to buy the vehicle at lease end. The price will be higher.

    Also, the independent bank isn't likely to throw any incentives your way to get you to re-lease with Chrysler. And, also may be a little more of a stickler on lease-end charges.

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • Thoughts on this deal please?

    2017 Overland 4x4 in Virginia
    MSRP: $55,270
    Discount: -$7,297
    mid-atl cash: -$750
    Final Price: $47,223
    VA Tax: $2,096
    Proc. Fee: $689
    VA Tags: $75

    CC: 36/10 57% Res 0.00049MF --> $554/mo

    Am I missing anything?

    Thanks!
  • kyfdxkyfdx Posts: 148,312
    safuser said:

    Thoughts on this deal please?

    2017 Overland 4x4 in Virginia
    MSRP: $55,270
    Discount: -$7,297
    mid-atl cash: -$750
    Final Price: $47,223
    VA Tax: $2,096
    Proc. Fee: $689
    VA Tags: $75

    CC: 36/10 57% Res 0.00049MF --> $554/mo

    Am I missing anything?

    Thanks!

    The money factor is marked up from .00007 MF
    (maximum markup is .00042)
    $689 processing fee? They must have monks transcribe it by hand.

    So, what is the payment quote?
    Amount due at signing?

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • I am looking into leasing a Grand Cherokee 75th Anniversary Limited.

    I was able to work a deal down to $424 down and $424 a month. Do you think I can do better?

    Is the luxury package worth it? Is the upgraded Alpine stereo much better and is the panoramic roof that important?
  • kyfdx said:

    safuser said:

    Thoughts on this deal please?

    2017 Overland 4x4 in Virginia
    MSRP: $55,270
    Discount: -$7,297
    mid-atl cash: -$750
    Final Price: $47,223
    VA Tax: $2,096
    Proc. Fee: $689
    VA Tags: $75

    CC: 36/10 57% Res 0.00049MF --> $554/mo

    Am I missing anything?

    Thanks!

    The money factor is marked up from .00007 MF
    (maximum markup is .00042)
    $689 processing fee? They must have monks transcribe it by hand.

    So, what is the payment quote?
    Amount due at signing?
    payment $554/mo only 1st payment due at signing.
  • MichaellMichaell ColoradoPosts: 140,786
    andrew422 said:

    I am looking into leasing a Grand Cherokee 75th Anniversary Limited.

    I was able to work a deal down to $424 down and $424 a month. Do you think I can do better?

    Is the luxury package worth it? Is the upgraded Alpine stereo much better and is the panoramic roof that important?

    What lease term and how many miles per year?

    State and tax rate?

    What is the MSRP and selling price?

    We can't tell you much about your deal without these details.

    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 / 2014 MINI Countryman S ALL4

  • kyfdxkyfdx Posts: 148,312
    safuser said:

    kyfdx said:

    safuser said:

    Thoughts on this deal please?

    2017 Overland 4x4 in Virginia
    MSRP: $55,270
    Discount: -$7,297
    mid-atl cash: -$750
    Final Price: $47,223
    VA Tax: $2,096
    Proc. Fee: $689
    VA Tags: $75

    CC: 36/10 57% Res 0.00049MF --> $554/mo

    Am I missing anything?

    Thanks!

    The money factor is marked up from .00007 MF
    (maximum markup is .00042)
    $689 processing fee? They must have monks transcribe it by hand.

    So, what is the payment quote?
    Amount due at signing?
    payment $554/mo only 1st payment due at signing.
    I'm within a couple of dollars of that.

    The money factor markup is adding $35/mo.

    But, that's a big discount, and a pretty good payment, relative to the MSRP.

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • maxlevmaxlev Posts: 78
    Asking in advance for February ---- looking for the following:

    Grand Cherokee Limited 4x4
    3years (or 39 months) 15k per year
    Off-Road Adventure II Package (this is the only way to get the 'snow mode' right?)
    Sunroof
    MSRP in PA @ $43830

    Please share incentives, residual, MF etc.

    Thanks in advance.
  • jpwarnejpwarne Posts: 2
    edited January 2017
    Hello,

    This question is regarding a 2017 Jeep GC (of course) Summit. I'm wondering what the Residual % and MF are for such a vehicle in Portland, OR on a 3yr @ 12k mile/yr lease. Reading around it looks like it could be around 52% and .00004, but wanted to make sure.

    This is the possible deal I'm going for based on this dealer's listing, though I have not spoken to them directly.

    The Numbers (w/Affiliate Rewards Program):
    • MSRP: $56,080
    • Possible Invoice (95% of MSRP): $53,276
    • Affiliate Reward Pricing (1% below invoice): $52,743
    • Dealer Discount: $6,204
    • Regional Customer Bonus Cash (WECHA): $750
    • Conquest Customer Bonus Cash (38CHA1): $1,000
    • Direct Mailer Certificate: $500
    Total Cost: $44,289
    Down Payment: $4,000
    Total (w/Down Payment): $40,289
    • Possible Residual (52% of MSRP): $29,162
    • MF for 36/12: .00004
    Possible Payment: $309 (wasn't really sure how to calculate the payment)

    How likely do you think this scenario is?

    Thanks for your time,
    Jason
  • Can you please give me some information on what to expect. Looking to lease a 2017 Jeep Grand Cherokee SRT MSRP 74,865. Looking 36months 12k per year. What are current MF and Residuals or incentives. Thanks!
  • MichaellMichaell ColoradoPosts: 140,786
    maxlev said:

    Asking in advance for February ---- looking for the following:

    Grand Cherokee Limited 4x4
    3years (or 39 months) 15k per year
    Off-Road Adventure II Package (this is the only way to get the 'snow mode' right?)
    Sunroof
    MSRP in PA @ $43830

    Please share incentives, residual, MF etc.

    Thanks in advance.

    We won't see the February numbers until later this week.

    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 / 2014 MINI Countryman S ALL4

  • MichaellMichaell ColoradoPosts: 140,786
    jpwarne said:

    Hello,

    This question is regarding a 2017 Jeep GC (of course) Summit. I'm wondering what the Residual % and MF are for such a vehicle in Portland, OR on a 3yr @ 12k mile/yr lease. Reading around it looks like it could be around 52% and .00004, but wanted to make sure.

    This is the possible deal I'm going for based on this dealer's listing, though I have not spoken to them directly.

    The Numbers (w/Affiliate Rewards Program):

    • MSRP: $56,080
    • Possible Invoice (95% of MSRP): $53,276
    • Affiliate Reward Pricing (1% below invoice): $52,743
    • Dealer Discount: $6,204
    • Regional Customer Bonus Cash (WECHA): $750
    • Conquest Customer Bonus Cash (38CHA1): $1,000
    • Direct Mailer Certificate: $500
    Total Cost: $44,289
    Down Payment: $4,000
    Total (w/Down Payment): $40,289
    • Possible Residual (52% of MSRP): $29,162
    • MF for 36/12: .00004
    Possible Payment: $309 (wasn't really sure how to calculate the payment)

    How likely do you think this scenario is?

    Thanks for your time,
    Jason
    I confirm .00004 and 52% for Summit 4x4 for 36/12.

    Do you think you can get $12,000 off sticker? It may be that some of those incentives are for purchase only.

    And, we do not recommend any sort of down payment on a lease - in fact, restrict your up front cash to only the first payment and DMV costs. Roll everything else into the lease payment.

    I don't have any insights into the incentives, either.

    At some point, you'll have to contact the dealer and talk numbers with them.

    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 / 2014 MINI Countryman S ALL4

  • MichaellMichaell ColoradoPosts: 140,786

    Can you please give me some information on what to expect. Looking to lease a 2017 Jeep Grand Cherokee SRT MSRP 74,865. Looking 36months 12k per year. What are current MF and Residuals or incentives. Thanks!

    .00013 and 51%

    No incentive information for Chrysler Capital.

    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 / 2014 MINI Countryman S ALL4

  • jpwarnejpwarne Posts: 2
    edited January 2017
    Michaell said:

    jpwarne said:

    Hello,

    This question is regarding a 2017 Jeep GC (of course) Summit. I'm wondering what the Residual % and MF are for such a vehicle in Portland, OR on a 3yr @ 12k mile/yr lease. Reading around it looks like it could be around 52% and .00004, but wanted to make sure.

    This is the possible deal I'm going for based on this dealer's listing, though I have not spoken to them directly.

    The Numbers (w/Affiliate Rewards Program):

    • MSRP: $56,080
    • Possible Invoice (95% of MSRP): $53,276
    • Affiliate Reward Pricing (1% below invoice): $52,743
    • Dealer Discount: $6,204
    • Regional Customer Bonus Cash (WECHA): $750
    • Conquest Customer Bonus Cash (38CHA1): $1,000
    • Direct Mailer Certificate: $500
    Total Cost: $44,289
    Down Payment: $4,000
    Total (w/Down Payment): $40,289
    • Possible Residual (52% of MSRP): $29,162
    • MF for 36/12: .00004
    Possible Payment: $309 (wasn't really sure how to calculate the payment)

    How likely do you think this scenario is?

    Thanks for your time,
    Jason
    I confirm .00004 and 52% for Summit 4x4 for 36/12.

    Do you think you can get $12,000 off sticker? It may be that some of those incentives are for purchase only.

    And, we do not recommend any sort of down payment on a lease - in fact, restrict your up front cash to only the first payment and DMV costs. Roll everything else into the lease payment.

    I don't have any insights into the incentives, either.

    At some point, you'll have to contact the dealer and talk numbers with them.
    Thank you.

    It certainly won't hurt to try. Those are the current incentives available on Leasing in my area. There's also an option for $5,750 West 2017 IDL (Independent Leasing) Bonus Cash if I go through an alternate bank, but I know the Lease Rates may be higher, but the residual may also be higher. Not totally sure of those numbers as FCA seems to be a "special" case in the Ally Bank Lease Guide (https://rvlg.allydealer.com/rvlg/index.aspx). It'll take some fancy foot work on when to deliver each bit of information, but I'm gonna shoot for the moon. :smile:

    You say to restrict the down $ and roll it into the lease payment. Why is that? Won't I then be paying interest on that amount? My thought process is, what I pay now is really taking down the gap between the total sale price and the residual at the end of the lease. Is that not a good way of thinking?

    Again, thanks for the confirmation on the rates.

    Jason
  • MichaellMichaell ColoradoPosts: 140,786
    jpwarne said:

    Michaell said:

    jpwarne said:

    Hello,

    This question is regarding a 2017 Jeep GC (of course) Summit. I'm wondering what the Residual % and MF are for such a vehicle in Portland, OR on a 3yr @ 12k mile/yr lease. Reading around it looks like it could be around 52% and .00004, but wanted to make sure.

    This is the possible deal I'm going for based on this dealer's listing, though I have not spoken to them directly.

    The Numbers (w/Affiliate Rewards Program):

    • MSRP: $56,080
    • Possible Invoice (95% of MSRP): $53,276
    • Affiliate Reward Pricing (1% below invoice): $52,743
    • Dealer Discount: $6,204
    • Regional Customer Bonus Cash (WECHA): $750
    • Conquest Customer Bonus Cash (38CHA1): $1,000
    • Direct Mailer Certificate: $500
    Total Cost: $44,289
    Down Payment: $4,000
    Total (w/Down Payment): $40,289
    • Possible Residual (52% of MSRP): $29,162
    • MF for 36/12: .00004
    Possible Payment: $309 (wasn't really sure how to calculate the payment)

    How likely do you think this scenario is?

    Thanks for your time,
    Jason
    I confirm .00004 and 52% for Summit 4x4 for 36/12.

    Do you think you can get $12,000 off sticker? It may be that some of those incentives are for purchase only.

    And, we do not recommend any sort of down payment on a lease - in fact, restrict your up front cash to only the first payment and DMV costs. Roll everything else into the lease payment.

    I don't have any insights into the incentives, either.

    At some point, you'll have to contact the dealer and talk numbers with them.
    Thank you.

    It certainly won't hurt to try. Those are the current incentives available on Leasing in my area. There's also an option for $5,750 West 2017 IDL (Independent Leasing) Bonus Cash if I go through an alternate bank, but I know the Lease Rates may be higher, but the residual may also be higher. Not totally sure of those numbers as FCA seems to be a "special" case in the Ally Bank Lease Guide (https://rvlg.allydealer.com/rvlg/index.aspx). It'll take some fancy foot work on when to deliver each bit of information, but I'm gonna shoot for the moon. :smile:

    You say to restrict the down $ and roll it into the lease payment. Why is that? Won't I then be paying interest on that amount? My thought process is, what I pay now is really taking down the gap between the total sale price and the residual at the end of the lease. Is that not a good way of thinking?

    Again, thanks for the confirmation on the rates.

    Jason
    OK, the big incentives are if you use a 3rd party bank, like US Bank. We don't have those numbers to verify, only those from Chrysler Capital.

    Yes, you'll pay interest, but if the car is stolen or totaled, you won't get any refunds on the fees or taxes that you've prepaid.

    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 / 2014 MINI Countryman S ALL4

  • Hi, i'm looking for the MF & Residual (10k/12k/15k) on a 2017 Laredo E 4x4 V6 for February 2017, and Limited 4x4 V6.
  • czcon1czcon1 Posts: 39
    Hello
    looking for MF & residual for 2017 Overland 4X4 36/15K, Feb. numbers.
    Thanks
  • czcon1czcon1 Posts: 39
    I also would like to know does it make any difference if you go through Chrysler or a 3rd party to fiance? If the payment is going to be cheaper I don;t see the problem. Any comments?
    Thanks
  • Looking for MF & res on 2017 Overland 4x4 V8, 36/12 and 36/15

    thank you!
  • surferdrewsurferdrew Posts: 9
    edited February 2017
    Curious to get your input on this quote I just got in SoCal.

    Jeep Grand Cherokee Trailhawk Hemi V8 (Trailhawk Luxury Group, Rock Rails, UConnect 8.4 NAV, Blind Spot and Cross Path Detection)
    MSRP: $52,020
    Total Rebates and Incentives: $5750
    Total Cap Reduction: $2675
    Residual Amount: $29,651.40 (57% Residual)
    MF: 0.020
    36/12k: $535.32 monthly (including taxes of $43.06)
    Drive off: $1650 (1st month 535.23 + upfront charges(?) $688.89)

  • kyfdxkyfdx Posts: 148,312
    etm2017 said:

    Hi, i'm looking for the MF & Residual (10k/12k/15k) on a 2017 Laredo E 4x4 V6 for February 2017, and Limited 4x4 V6.

    Laredo: .00002 MF and 59%/58%/56% residual
    Limited: .00006 MF and 58%/57%/55% residual

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • kyfdxkyfdx Posts: 148,312
    czcon1 said:

    Hello
    looking for MF & residual for 2017 Overland 4X4 36/15K, Feb. numbers.
    Thanks

    .00007 MF and 54% residual

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • kyfdxkyfdx Posts: 148,312
    czcon1 said:

    I also would like to know does it make any difference if you go through Chrysler or a 3rd party to fiance? If the payment is going to be cheaper I don;t see the problem. Any comments?
    Thanks

    Third party banks don't worry about a continuing relationship with you. That could make them a stickler on lease-end issues. Also, it could leave you out, as far as waiving disposition fees for re-leasing the same make, etc.

    Other issues? A higher residual might make it harder to exit the lease, mid-term, if needed.

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • kyfdxkyfdx Posts: 148,312
    brakedust said:

    Looking for MF & res on 2017 Overland 4x4 V8, 36/12 and 36/15

    thank you!

    .00007 MF and 56%/54% residual

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • kyfdxkyfdx Posts: 148,312

    Curious to get your input on this quote I just got in SoCal.

    Jeep Grand Cherokee Trailhawk Hemi V8 (Trailhawk Luxury Group, Rock Rails, UConnect 8.4 NAV, Blind Spot and Cross Path Detection)
    MSRP: $52,020
    Total Rebates and Incentives: $5750
    Total Cap Reduction: $2675
    Residual Amount: $29,651.40 (57% Residual)
    MF: 0.020
    36/12k: $535.32 monthly (including taxes of $43.06)
    Drive off: $1650 (1st month 535.23 + upfront charges(?) $688.89)

    The money factor should be .00020. Decimal placement is important.
    57% is the correct residual.

    To hit a pre-tax payment of $492.26, the adjusted CAP cost would have to be about $46,800.
    How does that square up with your quote?

    Also, if you have $1650 upfront, you want to know exactly what that money is for.

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator


  • Hello,

    Do you have February numbers for Limited (4x2) and Overland (4x2) for 36/10 and 39/10?

    Thank You.
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