2018 Jeep Grand Cherokee Lease Deals and Prices

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Comments

  • MichaellMichaell Moderator Posts: 264,434
    jradglens said:

    I’d be grateful for information on the Oct 2017 money factor and residual for a 2018 GC Limited 5.7L V8 for terms of 36/10, 36/12, 39/10, 39/12 in MA. Im flexible on options but I do want the 5.7L V8. One I’m considering in my area has specific models codes of 5N9, NAS, 5TB, 4EX, DFK, PW7, EZH, YL, -XA, A2N, 5N6, 28D. 

    Opinion on if it’s wise to pursue this now?

    Assuming 4x4, .00009 and 55% (36/12) or 54% (39/12); add 1% for 10K

    Can't help you with timing; get the car when you need it. :wink:

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  • jradglensjradglens Member Posts: 20
    edited October 2017
    Michaell said:
    I’d be grateful for information on the Oct 2017 money factor and residual for a 2018 GC Limited 5.7L V8 for terms of 36/10, 36/12, 39/10, 39/12 in MA. Im flexible on options but I do want the 5.7L V8. One I’m considering in my area has specific models codes of 5N9, NAS, 5TB, 4EX, DFK, PW7, EZH, YL, -XA, A2N, 5N6, 28D. 

    Opinion on if it’s wise to pursue this now?
    Assuming 4x4, .00009 and 55% (36/12) or 54% (39/12); add 1% for 10K Can't help you with timing; get the car when you need it. :wink:
    Thanks! Yes on a 4x4. To confirm the MF is .00009 and not .0009? Should I be demanding that MF and residual from the dealer? Or some reasonable markup from this rates?

    They had previously quoted me a MF of .0013 and a residual of 51% on a 2017 GC Limited with a V6. How close are those to what you see?
  • MichaellMichaell Moderator Posts: 264,434
    jradglens said:


    Michaell said:

    I’d be grateful for information on the Oct 2017 money factor and residual for a 2018 GC Limited 5.7L V8 for terms of 36/10, 36/12, 39/10, 39/12 in MA. Im flexible on options but I do want the 5.7L V8. One I’m considering in my area has specific models codes of 5N9, NAS, 5TB, 4EX, DFK, PW7, EZH, YL, -XA, A2N, 5N6, 28D. 

    Opinion on if it’s wise to pursue this now?
    Assuming 4x4, .00009 and 55% (36/12) or 54% (39/12); add 1% for 10K

    Can't help you with timing; get the car when you need it. :wink:

    Thanks! Yes on a 4x4. To confirm the MF is .00009 and not .0009? Should I be demanding that MF and residual from the dealer? Or some reasonable markup from this rates?

    They had previously quoted me a MF of .0013 and a residual of 51% on a 2017 GC Limited with a V6. How close are those to what you see?


    .00009 (4 zeroes)

    Demand? No - politely tell the dealer you won't sign a deal with an inflated MF. They know the base rate.

    And, the other numbers you cite could be from a third party bank - Ally and US Bank are both popular with Jeep dealers. We don't have that information to confirm, however.

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  • romfin1romfin1 Member Posts: 11
    Hi - I am looking at a 2018 Grand Cherokee Overland with the Hemi Motor- MSRP 54475
    What is the residual value and money factor for October 2017
  • MichaellMichaell Moderator Posts: 264,434
    romfin1 said:

    Hi - I am looking at a 2018 Grand Cherokee Overland with the Hemi Motor- MSRP 54475
    What is the residual value and money factor for October 2017

    What lease term and how many miles per year?

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  • romfin1romfin1 Member Posts: 11
    36 mo
    10k nd 12k
  • romfin1romfin1 Member Posts: 11
    Michaell - my wife is also looking at the 2018 XC90 Volvo Inscription MSRP 65,000 she wants a 39 month lease with 10k miles. Do you know what the residual should be on it and the money factor? They told her 53% on the residual for the inscription but the momentum trim had a higher residual value. Doesn't seem right. Thanks for your help
  • MichaellMichaell Moderator Posts: 264,434
    romfin1 said:

    Michaell - my wife is also looking at the 2018 XC90 Volvo Inscription MSRP 65,000 she wants a 39 month lease with 10k miles. Do you know what the residual should be on it and the money factor? They told her 53% on the residual for the inscription but the momentum trim had a higher residual value. Doesn't seem right. Thanks for your help

    The 2018 XC90 lease thread is here:

    https://forums.edmunds.com/discussion/46408/volvo/xc90/2018-volvo-xc90-lease-deals-and-prices#latest

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  • MichaellMichaell Moderator Posts: 264,434
    romfin1 said:

    Hi - I am looking at a 2018 Grand Cherokee Overland with the Hemi Motor- MSRP 54475
    What is the residual value and money factor for October 2017

    romfin1 said:

    36 mo
    10k nd 12k

    One last question - 4x4 or 4x2?

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  • romfin1romfin1 Member Posts: 11
    4x4
  • romfin1romfin1 Member Posts: 11
    4x4
  • MichaellMichaell Moderator Posts: 264,434
    Michaell said:

    romfin1 said:

    Hi - I am looking at a 2018 Grand Cherokee Overland with the Hemi Motor- MSRP 54475
    What is the residual value and money factor for October 2017

    romfin1 said:

    36 mo
    10k nd 12k

    One last question - 4x4 or 4x2?
    romfin1 said:

    4x4

    .00008 and 55% / 54%

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  • romfin1romfin1 Member Posts: 11
    Thank You- !!!!!!!!!!!
  • tresamigos3tresamigos3 Member Posts: 1
    Hi - I'm in VT and looking for MF and RV for:
    2018 JGC Limited Sterling 4x4 36/12
    2018 JGC High Altitude 4x4 36/12
    Thank you!
  • MichaellMichaell Moderator Posts: 264,434
    tresamigos3 said:

    Hi - I'm in VT and looking for MF and RV for:
    2018 JGC Limited Sterling 4x4 36/12
    2018 JGC High Altitude 4x4 36/12
    Thank you!

    LTD - .00009 and 55%
    HA - .00008 and 54%

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  • cohiba262cohiba262 Member Posts: 45
    2018 JGC High Altitude 4X4 36/10 Please? Thanks
  • cohiba262cohiba262 Member Posts: 45
    Lease Cash as well please?
  • cohiba262cohiba262 Member Posts: 45
    60025
  • MichaellMichaell Moderator Posts: 264,434
    cohiba262 said:

    2018 JGC High Altitude 4X4 36/10 Please? Thanks

    .00008 and 55%
    cohiba262 said:

    Lease Cash as well please?

    We do not have any incentive information.
    cohiba262 said:

    60025

    The Chrysler Capital numbers are national.

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  • rabbmanrabbman Member Posts: 2
    2018 JGC Summit 4x4 best terms and 2018 JGC Overland 4x4 best terms in Maryland (lowest money factor as priority, as I am seriously considering acquisition after lease)?

    Also, what are total fixed fees for each of initiation, disposal, and acquisition for Chrysler Capital in Maryland (starting lease, giving back car, and buying out lease, I think those are the correct terms)? Thank you very much.
  • trailhawker91trailhawker91 Member Posts: 10
    2018 Trailhawk V6 4x4, thanks!!
  • MichaellMichaell Moderator Posts: 264,434
    trailhawker91 said:

    2018 Trailhawk V6 4x4, thanks!!

    Lease term and miles per year?

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  • MichaellMichaell Moderator Posts: 264,434
    rabbman said:

    2018 JGC Summit 4x4 best terms and 2018 JGC Overland 4x4 best terms in Maryland (lowest money factor as priority, as I am seriously considering acquisition after lease)?

    Also, what are total fixed fees for each of initiation, disposal, and acquisition for Chrysler Capital in Maryland (starting lease, giving back car, and buying out lease, I think those are the correct terms)? Thank you very much.

    If your intention is to keep the car after the lease term, better to just buy it up front, especially in Maryland, where you pay sales tax on the transaction price, for a lease.

    Then, you'll pay sales tax again, when you buy it out at the end of the lease term.

    How many miles a year do you think you'll need?

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  • trailhawker91trailhawker91 Member Posts: 10
    Michaell said:

    trailhawker91 said:

    2018 Trailhawk V6 4x4, thanks!!

    Lease term and miles per year?
    Sorry, 36/10 36/12 and 39/12 THANKS!
  • kyfdxkyfdx Moderator Posts: 267,637
    trailhawker91 said:

    Michaell said:

    trailhawker91 said:

    2018 Trailhawk V6 4x4, thanks!!

    Lease term and miles per year?
    Sorry, 36/10 36/12 and 39/12 THANKS!
    .00055 MF and 57%/56% residual for 36/39 mo, 12K/yr
    Add 1% for 10K/yr

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  • rabbmanrabbman Member Posts: 2
    Michaell said:
    2018 JGC Summit 4x4 best terms and 2018 JGC Overland 4x4 best terms in Maryland (lowest money factor as priority, as I am seriously considering acquisition after lease)? Also, what are total fixed fees for each of initiation, disposal, and acquisition for Chrysler Capital in Maryland (starting lease, giving back car, and buying out lease, I think those are the correct terms)? Thank you very much.
    If your intention is to keep the car after the lease term, better to just buy it up front, especially in Maryland, where you pay sales tax on the transaction price, for a lease. Then, you'll pay sales tax again, when you buy it out at the end of the lease term. How many miles a year do you think you'll need?
    Lets say then 4x4 36/10 36/12 on both summit and overland. Im just running numbers for the lease option, unsure if I will purchase outright or not. I look at it as a way to hedge a potentially less reliable car.
  • MichaellMichaell Moderator Posts: 264,434
    rabbman said:


    Michaell said:

    rabbman said:

    2018 JGC Summit 4x4 best terms and 2018 JGC Overland 4x4 best terms in Maryland (lowest money factor as priority, as I am seriously considering acquisition after lease)?

    Also, what are total fixed fees for each of initiation, disposal, and acquisition for Chrysler Capital in Maryland (starting lease, giving back car, and buying out lease, I think those are the correct terms)? Thank you very much.

    If your intention is to keep the car after the lease term, better to just buy it up front, especially in Maryland, where you pay sales tax on the transaction price, for a lease.

    Then, you'll pay sales tax again, when you buy it out at the end of the lease term.

    How many miles a year do you think you'll need?

    Lets say then 4x4 36/10 36/12 on both summit and overland. Im just running numbers for the lease option, unsure if I will purchase outright or not. I look at it as a way to hedge a potentially less reliable car.

    36/12 numbers; add 1% for 10K

    SUM - .00041 and 52%
    OVR - .00008 and 54%

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  • BrianH14BrianH14 Member Posts: 2
    Can you provide numbers for a 2018 Laredo E 4x4 36/10 and 36/12 in New Jersey.
  • MichaellMichaell Moderator Posts: 264,434
    BrianH14 said:

    Can you provide numbers for a 2018 Laredo E 4x4 36/10 and 36/12 in New Jersey.

    .00001 and 56% / 55%

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  • stumc1stumc1 Member Posts: 34
    kyfdx said:

    stumc1 said:

    Hello,

    I'm interested in residual and Oct MF for a 2018 Grand Cherokee Overland - 36/15

    I'm in the Central Florida area, 32801

    4X4 or 4X2?
    Sorry, 4X4 please.
  • kyfdxkyfdx Moderator Posts: 267,637
    stumc1 said:

    kyfdx said:

    stumc1 said:

    Hello,

    I'm interested in residual and Oct MF for a 2018 Grand Cherokee Overland - 36/15

    I'm in the Central Florida area, 32801

    4X4 or 4X2?
    Sorry, 4X4 please.
    .00008 MF and 52% residual
    .00008 MF and 51% residual for 39/15

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  • stumc1stumc1 Member Posts: 34
    kyfdx said:

    stumc1 said:

    kyfdx said:

    stumc1 said:

    Hello,

    I'm interested in residual and Oct MF for a 2018 Grand Cherokee Overland - 36/15

    I'm in the Central Florida area, 32801

    4X4 or 4X2?
    Sorry, 4X4 please.
    .00008 MF and 52% residual
    .00008 MF and 51% residual for 39/15
    Thank you very much. One last question. Do you know where (other than the dealership) I can find what the CDI discount is for this model? FCA is giving me a CDI number but I don't know how to research exactly what that CDI discount is... Thanks for all the help.
  • arlvahooarlvahoo Member Posts: 23
    So to clarify some of what I've seen in this thread, on the 2018 GC Limited 4x4, 36 mo/15k miles, I'm seeing MF = .00009 and residual = .53
    Is that correct, and are those numbers the same for both 36 and 39 months?
  • MichaellMichaell Moderator Posts: 264,434
    stumc1 said:

    kyfdx said:

    stumc1 said:

    kyfdx said:

    stumc1 said:

    Hello,

    I'm interested in residual and Oct MF for a 2018 Grand Cherokee Overland - 36/15

    I'm in the Central Florida area, 32801

    4X4 or 4X2?
    Sorry, 4X4 please.
    .00008 MF and 52% residual
    .00008 MF and 51% residual for 39/15
    Thank you very much. One last question. Do you know where (other than the dealership) I can find what the CDI discount is for this model? FCA is giving me a CDI number but I don't know how to research exactly what that CDI discount is... Thanks for all the help.
    No information on CDI - what is it?

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  • MichaellMichaell Moderator Posts: 264,434
    edited October 2017
    arlvahoo said:

    So to clarify some of what I've seen in this thread, on the 2018 GC Limited 4x4, 36 mo/15k miles, I'm seeing MF = .00009 and residual = .53
    Is that correct, and are those numbers the same for both 36 and 39 months?

    I confirm those numbers for 36/15; subtract 1% for 39/15

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  • lucybents1lucybents1 Member Posts: 10
    2018 JGC Laredo Altitude 4x4 (MSRP $40,780). Looking at a 36/12000 or 39/12000. Zip code 60004 (IL). Can you let me know what the MF and Residual is?
  • romfin1romfin1 Member Posts: 11
    2018 Jeep GC 60 month 12k miles - what is the residual and MF? thanks
  • romfin1romfin1 Member Posts: 11
    Sorry Overland

  • romfin1romfin1 Member Posts: 11
    4x4
  • MichaellMichaell Moderator Posts: 264,434
    lucybents1 said:

    2018 JGC Laredo Altitude 4x4 (MSRP $40,780). Looking at a 36/12000 or 39/12000. Zip code 60004 (IL). Can you let me know what the MF and Residual is?

    .00001 and 55% / 54%

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  • MichaellMichaell Moderator Posts: 264,434
    romfin1 said:

    2018 Jeep GC 60 month 12k miles - what is the residual and MF? thanks

    romfin1 said:

    Sorry Overland

    romfin1 said:

    4x4

    There are no 60 month numbers from Chrysler Capital.

    You don't want to lease for that long a term - not financially viable. You may as well just purchase outright.

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  • tr0gd0rtr0gd0r Member Posts: 26
    Can I get the MF and Residual for a 4x4 Limited 36 month 12k miles?
  • MichaellMichaell Moderator Posts: 264,434
    tr0gd0r said:

    Can I get the MF and Residual for a 4x4 Limited 36 month 12k miles?

    .00009 and 55%

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  • hoosier203hoosier203 Member Posts: 9
    I’m 11 months out on my 2015 V6 JGC High Altitude addition. Dealer says I have positive equity and will role me into a new lease. Live in Lake County, IL. Qualify for top tier credit and turning in a lease with very low miles. Wrote it at 15k per year and have 18k miles on it. What should a lease look like with no money down. Hopefull to maybe move up to V8 and keep payments the same or lower. Can do a low mileage lease too. Can anyone help me?!  Thanks. 
  • kyfdxkyfdx Moderator Posts: 267,637
    hoosier203 said:

    I’m 11 months out on my 2015 V6 JGC High Altitude addition. Dealer says I have positive equity and will role me into a new lease. Live in Lake County, IL. Qualify for top tier credit and turning in a lease with very low miles. Wrote it at 15k per year and have 18k miles on it. What should a lease look like with no money down. Hopefull to maybe move up to V8 and keep payments the same or lower. Can do a low mileage lease too. Can anyone help me?!  Thanks. 

    Model, trim?
    RWD/AWD?
    MSRP?
    Selling price?
    Term/mileage?
    How much positive equity?

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  • stumc1stumc1 Member Posts: 34
    Looking for the residual and MF for a 2018 Jeep Grand Cherokee Sterling 4x4 36/15. I pulled a 659 score from Chrysler Capital today so that's prob tier 2 or tier 3 if you have those numbers. Located in Central FL.
  • kyfdxkyfdx Moderator Posts: 267,637
    stumc1 said:

    Looking for the residual and MF for a 2018 Jeep Grand Cherokee Sterling 4x4 36/15. I pulled a 659 score from Chrysler Capital today so that's prob tier 2 or tier 3 if you have those numbers. Located in Central FL.

    .00009 MF and 53% residual

    Tier 2: Add .00021
    Tier 3: Add .00060

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  • chris_2emchris_2em Member Posts: 2
    edited October 2017
    What are the MF and residuals for the High Altitude 4x2 and Trailhawk 4x4? Both are going to be v6. Looking for 39 months, 10k a year and top tier. I'm was first thinking of the Limited or Altitude edition, but your site is helping me get a little more for my money.
  • MichaellMichaell Moderator Posts: 264,434
    chris_2em said:

    What are the MF and residuals for the High Altitude 4x2 and Trailhawk 4x4? Both are going to be v6. Looking for 39 months, 10k a year and top tier. I'm was first thinking of the Limited or Altitude edition, but your site is helping me get a little more for my money.

    HA - .00025 and 53%
    TRL - .00055 and 56%

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  • cohiba262cohiba262 Member Posts: 45
    Can you tell me what I am missing in this calculation?

    Sticker: $55495
    Selling Price: $46705
    Residual: 54%
    MF: .00008
    Tax: 7%
    Down Payment: $2,000
    Processing Fees: $350

    I get $542 with tax a month. They are telling me $632.
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