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2017 Jeep Compass Lease Questions

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  • MichaellMichaell Moderator Posts: 262,288
    gavin33 said:

    current MF and residual value numbers in AZ

    2017 Jeep New Compass Lattitude FWD - 36/12k & 36/10k?

    Thanks!

    .00011 and 55% / 56%

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  • gavin33gavin33 Member Posts: 10
    Thanks! Any info on the acquisition fee for July?
  • MichaellMichaell Moderator Posts: 262,288
    gavin33 said:

    Thanks! Any info on the acquisition fee for July?

    Looks like the acquisition fee is waived for the new Compass in July for leases of 24-39 month terms.

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  • formula1fan5formula1fan5 Member Posts: 50
    I picked up my Compass limited on Saturday and was not aware that the acquisition fee was waived for July. Needless to say the dealer never mentioned it. Is the waiver stated anywhere? I would like to show the dealer and see if I can get me acquisition fee refunded to me as I put that cost up front.
  • MichaellMichaell Moderator Posts: 262,288

    I picked up my Compass limited on Saturday and was not aware that the acquisition fee was waived for July. Needless to say the dealer never mentioned it. Is the waiver stated anywhere? I would like to show the dealer and see if I can get me acquisition fee refunded to me as I put that cost up front.

    The waived acquisition fee is valid only for leases through Chrysler Capital. If your lease is funded through Ally or US Bank you'll have to pay their acquisition fee.

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  • formula1fan5formula1fan5 Member Posts: 50
    It was Chrysler Capital.
  • MichaellMichaell Moderator Posts: 262,288

    It was Chrysler Capital.

    Hmm, then I believe you've got a good case to get that money back.

    Politely talk with the finance manager who wrote up your deal, and see what can be done.

    Don't be surprised if they want to offer you parts and service credit instead of a check.

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  • formula1fan5formula1fan5 Member Posts: 50
    They are not amenable to doing anything about it as I did not structure my deal well. I generally put the acquisition fee down as a part of my upfront costs along with the first month. They are claiming that was used as a cap cost to reduce my payment as my lease shows no acquisition fee on it. The original lease deal was based on June's lease numbers where the $695 was used to offset the June bank fee. Now they are saying its just a cap cost reduction. I'll give a try with the finance guy but I think its going to be a losing argument.
  • MichaellMichaell Moderator Posts: 262,288

    They are not amenable to doing anything about it as I did not structure my deal well. I generally put the acquisition fee down as a part of my upfront costs along with the first month. They are claiming that was used as a cap cost to reduce my payment as my lease shows no acquisition fee on it. The original lease deal was based on June's lease numbers where the $695 was used to offset the June bank fee. Now they are saying its just a cap cost reduction. I'll give a try with the finance guy but I think its going to be a losing argument.

    So they waived the acquisition fee (which they should have done), then took the money you thought you were giving them for that fee and used it as cap reduction?

    Shady, but probably nothing wrong with it, as you signed the paperwork.

    Good luck with the finance manager; if the dealer wants to keep you as a happy customer, they might be willing to restructure the deal.

    Keep us posted.

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  • formula1fan5formula1fan5 Member Posts: 50
    That's exactly what happened, I'll let you know, but as you say I'm not expecting much.
  • formula1fan5formula1fan5 Member Posts: 50
    Sales manager called to inform me that there was no bank fee from Chrysler in June either and that I was not charged one. Not sure how I can verify that but that seems to be the end of it.
    Thanks for providing all the info.
  • kyfdxkyfdx Moderator Posts: 265,718

    Sales manager called to inform me that there was no bank fee from Chrysler in June either and that I was not charged one. Not sure how I can verify that but that seems to be the end of it.
    Thanks for providing all the info.

    It's possible they are correct. We'd have to see a copy of the numbers to verify it.

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  • robs5589robs5589 Member Posts: 13
    edited July 2017
    2017 New Jeep Compass Latitude 4x4 in NJ
    36/15 or 39/15

    current MF and residual?

    Thanks!
  • MichaellMichaell Moderator Posts: 262,288
    robs5589 said:

    2017 New Jeep Compass Latitude 4x4 in NJ
    36/15 or 39/15

    current MF and residual?

    Thanks!

    .00016 and 54% / 52%

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  • theagencytheagency Member Posts: 8
    Looking for advice please. Looking in MA at a 2017 Compass Trailhawk with MSRP of $30,980. For sign and drive, $0 down with taxes, fees, etc. included, the original quoted price was $361/mo for 39/12K lease. After some conversation they offered $299/month for same terms. I have friends and family and competitor lease deals to help, but this appears low?
  • kyfdxkyfdx Moderator Posts: 265,718
    theagency said:

    Looking for advice please. Looking in MA at a 2017 Compass Trailhawk with MSRP of $30,980. For sign and drive, $0 down with taxes, fees, etc. included, the original quoted price was $361/mo for 39/12K lease. After some conversation they offered $299/month for same terms. I have friends and family and competitor lease deals to help, but this appears low?

    What is the selling price and/or adjusted CAP cost?

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  • theagencytheagency Member Posts: 8
    the last paper i saw was $28,480. They wouldn't show anything other than writing down the details of monthly payment, $0 down, and all taxes/fees included.
  • MichaellMichaell Moderator Posts: 262,288
    theagency said:

    the last paper i saw was $28,480. They wouldn't show anything other than writing down the details of monthly payment, $0 down, and all taxes/fees included.

    .00010 and 54% for 39/10.

    With your prices, I get $306/mo before tax.

    How much is the dealer asking for at signing?

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  • theagencytheagency Member Posts: 8
    $0 at signing. their claim is the motivation to meet mid month lease numbers. thank you for your help with this. we've decided to go with the RAV4 because it's $100 less per month for more options.
  • MichaellMichaell Moderator Posts: 262,288
    theagency said:

    $0 at signing. their claim is the motivation to meet mid month lease numbers. thank you for your help with this. we've decided to go with the RAV4 because it's $100 less per month for more options.

    Congrats!

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  • jmaconwatkinsjmaconwatkins Member Posts: 7
    what about the rate and MF for a 24/10k Compass Latitude 4x4 24S package here in Georgia (showing online promotional of $159/month for $25.6k MSRP and downpayment, etc.) Thank you!
  • kyfdxkyfdx Moderator Posts: 265,718
    edited July 2017

    what about the rate and MF for a 24/10k Compass Latitude 4x4 24S package here in Georgia (showing online promotional of $159/month for $25.6k MSRP and downpayment, etc.) Thank you!

    .00011 MF and 66% residual

    Tax is going to kill you on a 24 month lease in GA

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  • atplatoon1atplatoon1 Member Posts: 2
    Looking for the Residual % and MF on the following:
    - '17 New Compass Latitude 4x4
    - '17 New Compass Limited 4x4

    36mos/12K on both and located in Denver metro. Thanks.
  • kyfdxkyfdx Moderator Posts: 265,718

    Looking for the Residual % and MF on the following:
    - '17 New Compass Latitude 4x4
    - '17 New Compass Limited 4x4

    36mos/12K on both and located in Denver metro. Thanks.

    Lat: .00016 MF and 56% residual
    LTD: .00019 MF and 57% residual

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  • jayvincentjayvincent Member Posts: 19
    Could you please provide me with the MF and residual for a 2017 keep compass latitude AWD, 36mo, 15k in Rhode Island? Cold weather package 
  • kyfdxkyfdx Moderator Posts: 265,718

    Could you please provide me with the MF and residual for a 2017 keep compass latitude AWD, 36mo, 15k in Rhode Island? Cold weather package 

    .00016 MF and 54% residual

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  • omarqureshyomarqureshy Member Posts: 14
    edited August 2017
    Can I please get the RV/MF for a 24/12K, 24/10K, 36/12K and 36/10K lease of a 2017 Jeep Compass Latitude in Miami, FL? Also, any incentives? and are the lease programs nationwide? Thanks!!!
  • kyfdxkyfdx Moderator Posts: 265,718

    Can I please get the RV/MF for a 24/12K, 24/10K, 36/12K and 36/10K lease of a 2017 Jeep Compass Latitude in Miami, FL? Also, any incentives? and are the lease programs nationwide? Thanks!!!

    AWD or FWD?

    Lease programs are national.

    We don't have Jeep incentive info.

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  • omarqureshyomarqureshy Member Posts: 14
    kyfdx said:

    Can I please get the RV/MF for a 24/12K, 24/10K, 36/12K and 36/10K lease of a 2017 Jeep Compass Latitude in Miami, FL? Also, any incentives? and are the lease programs nationwide? Thanks!!!

    AWD or FWD?

    Lease programs are national.

    We don't have Jeep incentive info.
    Sorry, FWD. Thanks for all of your help
  • MichaellMichaell Moderator Posts: 262,288

    kyfdx said:

    Can I please get the RV/MF for a 24/12K, 24/10K, 36/12K and 36/10K lease of a 2017 Jeep Compass Latitude in Miami, FL? Also, any incentives? and are the lease programs nationwide? Thanks!!!

    AWD or FWD?

    Lease programs are national.

    We don't have Jeep incentive info.
    Sorry, FWD. Thanks for all of your help
    24/12 - .00029 and 64%
    36/12 - .00011 and 55%
    Add 1% for 10K

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  • drlev1999drlev1999 Member Posts: 52
    edited August 2017
    Hi, 2017 Compass Latitude 4x4...MF, residual for 36mo/12K..? Thanks! 15642 zip in PA
  • MichaellMichaell Moderator Posts: 262,288
    drlev1999 said:

    Hi, 2017 Compass Latitude 4x4...MF, residual for 36mo/12K..? Thanks! 15642 zip in PA

    .00016 and 56%

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  • drlev1999drlev1999 Member Posts: 52
    edited August 2017
    Michaell said:

    drlev1999 said:

    Hi, 2017 Compass Latitude 4x4...MF, residual for 36mo/12K..? Thanks! 15642 zip in PA

    .00016 and 56%
    dealer is trying to insist 3%..LOL...they say it's determined by the bank. I know they're FOS, but my bro is falling for this line. I keep telling him MF is 0.00016, but they're saying they wont go below .00125. They started at .0025...tyring to screw him!! Your thoughts? How does he get them to do the correct MF without walking away? Thanks!

    Oh, MSRP 30,170, cap cost 24,831, acq fee 695. 3 years, 12K, $0 down, acq fee rolled in the lease...I'm getting $270/month including 10% PA tax. They're saying $289 somehow (MF mark up obviously).
  • drlev1999drlev1999 Member Posts: 52
    he said they use US Bank and not Chrysler Financial...and that bank gives $4K rebate vs $1750 thru Chrysler, but with a higher MF, which still ends up being cheaper...I've never heard of this,
  • MichaellMichaell Moderator Posts: 262,288
    drlev1999 said:

    Michaell said:

    drlev1999 said:

    Hi, 2017 Compass Latitude 4x4...MF, residual for 36mo/12K..? Thanks! 15642 zip in PA

    .00016 and 56%
    dealer is trying to insist 3%..LOL...they say it's determined by the bank. I know they're FOS, but my bro is falling for this line. I keep telling him MF is 0.00016, but they're saying they wont go below .00125. They started at .0025...tyring to screw him!! Your thoughts? How does he get them to do the correct MF without walking away? Thanks!

    Oh, MSRP 30,170, cap cost 24,831, acq fee 695. 3 years, 12K, $0 down, acq fee rolled in the lease...I'm getting $270/month including 10% PA tax. They're saying $289 somehow (MF mark up obviously).
    drlev1999 said:

    he said they use US Bank and not Chrysler Financial...and that bank gives $4K rebate vs $1750 thru Chrysler, but with a higher MF, which still ends up being cheaper...I've never heard of this,

    Yes, 3rd party banks like US Bank have different numbers (usually worse), but offset that with big rebates. The payment often ends up cheaper than with a Chrysler Capital lease.

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  • pjfla1975pjfla1975 Member Posts: 13
    Could you please pass me MF/RV for Compass Limited for a 3/36k lease? Thank you!
  • kyfdxkyfdx Moderator Posts: 265,718
    pjfla1975 said:

    Could you please pass me MF/RV for Compass Limited for a 3/36k lease? Thank you!

    .00019 MF and 57% residual

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  • cubemanprocubemanpro Member Posts: 6
    Hey There, Any chance I could get the MF and RV for a 2018 Compass Trailhawk 10k mile / 36 month lease?

    Thanks!
  • MichaellMichaell Moderator Posts: 262,288

    Hey There, Any chance I could get the MF and RV for a 2018 Compass Trailhawk 10k mile / 36 month lease?

    Thanks!

    I've just created a 2018 Compass lease thread, here:

    https://forums.edmunds.com/discussion/46998/jeep/compass/2018-jeep-compass-lease-deals-and-prices/p1?new=1

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  • nickp1976nickp1976 Member Posts: 6
    Can you give me the MF and Residual for a Jeep Compass Sport Front wheel drive for 36/15 and 36/20?

    Thanks
  • MichaellMichaell Moderator Posts: 262,288
    nickp1976 said:

    Can you give me the MF and Residual for a Jeep Compass Sport Front wheel drive for 36/15 and 36/20?

    Thanks

    No 20K numbers; ask the dealer how the extra miles are handled.

    36/15 - standard MF (around .00190-.00210) and 52%

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  • rookiecarbuyerrookiecarbuyer Member Posts: 6
    edited September 2017
    Hi could someone please provide me with the MF and residual for the compass trail hawk and limited 36/10k

  • kyfdxkyfdx Moderator Posts: 265,718

    Hi could someone please provide me with the MF and residual for the compass trail hawk and limited 36/10k

    Limited: .00019 MF and 58% residual
    TrailHawk: .00010 MF and 57% residual

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  • woolykriswoolykris Member Posts: 9
    Could I get numbers for a 2017 Compass Trailhawk 36 months, 15k miles in Connecticut?
    Thanks.
  • MichaellMichaell Moderator Posts: 262,288
    woolykris said:

    Could I get numbers for a 2017 Compass Trailhawk 36 months, 15k miles in Connecticut?
    Thanks.

    .00010 and 54%

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  • tykush21tykush21 Member Posts: 13
    Can I get MF and Residual on 2017 Jeep Compass Lattitude. 24/12k, 36/10k and 36/12k. Zip 45504

    Thanks! 
  • kyfdxkyfdx Moderator Posts: 265,718
    tykush21 said:

    Can I get MF and Residual on 2017 Jeep Compass Lattitude. 24/12k, 36/10k and 36/12k. Zip 45504

    Thanks! 

    Assuming 4X4:

    24/12: .00006 MF and 64% residual
    36/12: .00016 MF and 56% residual
    Add 1% for 10K/yr

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  • compassbuyercompassbuyer Member Posts: 2
    Please send me MF and residual for 2017 Compass limited 4x4 in MI..thanks
  • compassbuyercompassbuyer Member Posts: 2
    Let me rephrase: Please send me MF and residual for 2017 Compass limited 4x4 in MI..Lease is for 2 yrs, 10K miles per year. Also, are you providing the MF for a specific bank? I believe the dealership uses US Bank? Is US Bank going to provide more rebates that Chrysler Capital? Also, do you think Interest rates and rebates will go down for November?
  • MichaellMichaell Moderator Posts: 262,288

    Let me rephrase: Please send me MF and residual for 2017 Compass limited 4x4 in MI..Lease is for 2 yrs, 10K miles per year. Also, are you providing the MF for a specific bank? I believe the dealership uses US Bank? Is US Bank going to provide more rebates that Chrysler Capital? Also, do you think Interest rates and rebates will go down for November?

    .00008 and 66%.

    We only have numbers from Chrysler Capital.

    Yes, US Bank and Ally tend to have larger incentives.

    No clue what will happen to the numbers, next month. Be advised that support for the 2017's will end eventually. We just don't know when that will be.

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