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Jeep Wrangler Lease Questions

in Jeep
Hi everyone. Please use the following discussion to post any questions that you have about leasing a Jeep Wrangler. Thanks.
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Apparently, the new October 2006 program has a money factor of .00301, which does seem very high. The dealer claims that the Liberty also has a similar money factor, which is absurd, given the mass-market appeal of the Liberty. The dealer feels that the programs will have to be adjusted, so I should wait.
Does anyone know the facts behind this? Can someone independently provide residuals and money factors for 2006 Wrangler Unlimiteds?
Would it make sense to work a different financial institution?
Thanks, jeep111
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those figures are exactly what i was quoted for an 06 x this week(nov.) with 1500 in rebates. residual being 14,842 on $22,086 price. this is without negotiating as i just wanted a baseline. I will be using the friends and family discount which i just found out i could get and now i see the free gas and maintenance incentives. Is there any reason to think that I should wait until december for better buy rate money facotrs and residual?
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appreciate the help
-mike
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I am interested in what lease numbers are available for an '06 Wrangler (either Limited or Rubicon). I can lease two new Honda Pilots for what we are paying to purchase my wife's Lexus and am curious if I can get close with a Wrangler style as noted?
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Thanks
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I was looking to lease a Wrangler X, I saw one at the a local dealership, which was pretty much standard. They had the base cost of about $18,105 and the total price was $21,545. I have a honda now and the trade value according to edmunds for my car is $2000 over what the payoff on my loan is. So basically I am curious to see what you think is a good lease payment for me to pay. I would want a 3 year lease and 12,000 miles a year. I would also look to trade in my vehicle and apply the $2000 towards my lease. I am located in Florida and I went to the local dealership and test drove the car, but unfortunately the sales guy was somewhat clueless and I got a real bad vibe from him. So can you please advise me on what a good lease payment would be and how to negotiate this deal.
-Brian
Dealer has offered me $24825 for a Wrangler Unlimited Sahara 4x2 (MSRP $25865). I'm looking to lease, could you let me know what money factor/residual % is reasonable? I drive under 10K mi/year, so the lowest mileage program is best for me. 36 or 39 mos, whatever is best deal. My FICO score should be in the 720 range. Southern California. Thx.
As far as your Honda goes, there's nothing wrong with trading it in when leasing a new vehicle. However, it would be in your best interest to have the dealer that you are working with cut you a check for any equity that you have in it rather than using the proceeds from it as a down payment for your lease. I personally always advise consumers against making down payments on leased vehicles. Consumers who do risk losing them if their vehicle is totaled in an accident or stolen and never recovered.
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Does everybody else have this fee too?
What a great site. I'm glad I found it before heading to the dealership. Could you provide me with the money factor I'd qualify for if my credit score is 659? What range would I have to be in to get the best one .00332? I'm not sure if it matters but I'd like 36 month/15000 mile. Thanks!
(I am debating whether to lease or buy).
thnxs much.
newjeepgirl
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Anybody know the money factor and residule value (for both 12,000 and 15,000 miles) on a 2007 wrangler unlimited X 4 door, 4X4 in new mexico? Also what other fees appart from the $450 dispo fee does chrysler add, and chysler only deals with closed end leases correct? Is is possible to include TT&L to the bottom line and add this to the lease?Thanks
My lease on a 03 VW Jetta is up in May and I am looking to lease a 07 2dr Wrangler. Does anyone know if it is wise to turn in the Jetta to Jeep so that they can pay it off. Are there hidden cost in this? Do I benefit in any way? Or is it wise to turn in to VW, pay the $350 turn in fee and start fresh with Jeep? The last payment on the jetta is in April, thats when I am looking to get the jeep. Thanks.
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Also, why does Chrysler do 39-month leases vs 36 when the warranty is only for 36? Thanks for your help.
I want a 39 month/12,000 mile lease.
Thanks in advance.
10,500 mile / 39 month
MF = .00375 (9%!)
Bank Acq Fee = 700
Lease Term Fee = 450
Resid: 70%
Car is sweet....
PO'd that the MF went from .00345 to .00375 in a week...
:mad:
Hicksville, NY dealer
Would appreciate hearing from others to see if they had same financials....
GOOD LUCK !!!
I was hoping someone here could take a look at my girlfriend's lease. I decided to look at this and I think she may have been taken a bit.
I've posted a link below to the main part of the contract. I thought that would be easier. My calculations seem to be pretty close, but the one thing that freaks me out is the total of payments in box 4 at the top. It seems pretty high and when added to the residual it adds up to like $37,000.
Also, my calculations get about .00394 for the money factor...about 9%. This seems very high, especially since her credit is great (764).
If someone could please check this out and shed some light on things that would be great. Please click here for the link.
Thanks for your time!
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Thanks for the insight. I have sent letters to the dealer, to Chrysler Financial and the BBB. .00375 is just not right. I have great credit and a strong income. They wanted to make up for the fact that I got the 4 door Unlimited Sahara for 1% under invoice....
Regards,
Redfox85
.00345 money factor
70% residual, 12K miles
36 months
MSRP of $23214
2300 cap cost
I get a monthly payment of $257.
That's close to same amount on the Jeep website. It seems way too good to be true. Are these calculators pretty accurate? We have excellent credit.
TIA
What are the July Residual/Money factor numbers for the 2Dr rubicon? I am interested in numbers for a 12k and 15k mile, 36-39 month lease. Thanks!
I am looking to get into a jeep wrangler...which one not sure kinda depends on cost.
The sahara 4dr i was looking at had an MSRP of 31245 and the x unlimited had an msrp of 25515. I am not sure how much wiggle room there is on the selling price I am guessing between 500-1000 dollars??
i don't really want to put anything down but will if needed, based on 36 or 39 mos and 12k miles, how much should I pay ofr these vehicles.
I see a lot of discussion around money factors and residuals, can someone lety me know what I should expect these values to be given I am in Denver CO and have good credit.
Thanks for your help!!!
The lease for me for a X Unlimited with a similar MSRP was 375 tax in for 39 months/12k a year. The car has Power convenience package the preferred package with cruise control and all that stuff. supplemental front air bag and a soft top and like a few other things. Unfortunately its not easy to find one down here with the extra air bag so my options are limited.
"Employee discounts" aren't worth a whole lot (I have one too through my work), because you still have to find a dealer that will agree to give it to you for your employee price. Dealers are not obligated to honor Daimler's Affilliate Rewards program.
*If* the residual were 70% as originally quoted in this thread, you could get a great lease on the wrangler. Not that 63% is bad, It's actually one of the highest of any vehicle on the market. But the .00345 money factor is one of if not the worst MF on any vehicle I have seen right now. It's not a bad lease, leasing vs Buying will still save you 100-150 a month on the new wrangler, but it's nothing spectacular.
I worked for 3 weeks with a dealership on a 2dr rubicon. MSRP 31500, Purchase price would have been 28300 (100 over invoice) With 490 tax title license, 700 lease aquisition fee, 39 month, 12000 mile, 63% residual .0037MF;
435/mo with 1435 due at signing (dp and first month's payment) And That was a MAJOR chunk of work to get those numbers (they were blanking during a major sale weekend and needed the units) Which, for the record, I still didn't take the offer.
Honestly, the new 08 wrangler is coming out in 2-3 months. They will be marking down the 07's significantly once the new models start rolling in. I would wait for that and see what you can scoop at year end model clearance. Waiting a few weeks paid off for me by way of the new lifetime powertrain warranty that went into effect on friday. I think I'll hold out and see what else Chrysler has up their sleeve before the year is up.
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