2018 Jeep Grand Cherokee Lease Deals and Prices

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  • richardycrichardyc Member Posts: 7
    looking for MF and Residual

    2018
    GC Trailhawk for 12k/39 (V6 engine)
    MSRP of ~$50300 (fully loaded with all factory options)
    Zip Code 01033 (Granby)
    is acquisition fee waived too for 12k/39 too or only for 10k/36mo?
  • MichaellMichaell Moderator Posts: 265,026
    richardyc said:

    looking for MF and Residual

    2018
    GC Trailhawk for 12k/39 (V6 engine)
    MSRP of ~$50300 (fully loaded with all factory options)
    Zip Code 01033 (Granby)
    is acquisition fee waived too for 12k/39 too or only for 10k/36mo?

    .00037 and 53% for 39/12
    Acquisition fee waived for 39 month leases

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  • carrie312carrie312 Member Posts: 5
    Michaell said:

    carrie312 said:

    kyfdx said:

    carrie312 said:

    Hi there-

    Can you tell me a good MF and RV on a 2018 Grand Cherokee High Altitude 4x4 zip code 15146?

    My goal is to get payments between 350-400 for a lease 36/10k- do you think this is reasonable?

    Thank you!

    .00019 MF and 55% residual for 36/10

    What is the MSRP?
    MSRP is 51,785
    To get to $400/mo, before tax, the cap cost would have to be around $43,500, and that assumes all fees are paid up front.

    We don't track pricing, but I'm not sure that 15% or more off sticker is possible.

    But, you won't know unless you try.
    Figured I'd get my info out there-

    Got my payment to $413 with $4000 down. They ended up buying my lease 5 months early. Hope this helps someone else get a good deal :)
  • MichaellMichaell Moderator Posts: 265,026
    carrie312 said:

    Michaell said:

    carrie312 said:

    kyfdx said:

    carrie312 said:

    Hi there-

    Can you tell me a good MF and RV on a 2018 Grand Cherokee High Altitude 4x4 zip code 15146?

    My goal is to get payments between 350-400 for a lease 36/10k- do you think this is reasonable?

    Thank you!

    .00019 MF and 55% residual for 36/10

    What is the MSRP?
    MSRP is 51,785
    To get to $400/mo, before tax, the cap cost would have to be around $43,500, and that assumes all fees are paid up front.

    We don't track pricing, but I'm not sure that 15% or more off sticker is possible.

    But, you won't know unless you try.
    Figured I'd get my info out there-

    Got my payment to $413 with $4000 down. They ended up buying my lease 5 months early. Hope this helps someone else get a good deal :)
    Congrats!

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  • barrybuckeyesbarrybuckeyes Member Posts: 12
    HI,
    I seek the MF/RV for a JGC Summit with RWD and platinum series group. Looks like including the ridiculous $1445 destination fee, my MSRP is $53,435.
    36month/15,000 miles.
    Thank you,
    Barry
  • MichaellMichaell Moderator Posts: 265,026

    HI,
    I seek the MF/RV for a JGC Summit with RWD and platinum series group. Looks like including the ridiculous $1445 destination fee, my MSRP is $53,435.
    36month/15,000 miles.
    Thank you,
    Barry

    .00026 and 47%

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  • robdp2018robdp2018 Member Posts: 19
    edited March 2018
    Looking for MF and Residual

    2018 GRAND CHEROKEE ALTITUDE 4X2
    MSRP of $36,790
    Los Angeles California

    Is it likely I can get the payment for this model under $320 a month including tax with $1000 down?
    First time leasing so reading up about MF and residual and what that means..
    Appreciate any help :))
  • robdp2018robdp2018 Member Posts: 19
    Oh forgot to mention 12K miles too.
  • kyfdxkyfdx Moderator Posts: 267,789
    robdp2018 said:

    Looking for MF and Residual

    2018 GRAND CHEROKEE ALTITUDE 4X2
    MSRP of $36,790
    Los Angeles California

    Is it likely I can get the payment for this model under $320 a month including tax with $1000 down?
    First time leasing so reading up about MF and residual and what that means..
    Appreciate any help :))

    robdp2018 said:

    Oh forgot to mention 12K miles too.

    .00002 MF and 52% residual for 36/12

    There seem to be some aggressive deals on the Grand Cherokee.
    Of course, a 9.5% sales tax rate might make $320/mo. a little harder to achieve.

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  • robdp2018robdp2018 Member Posts: 19
    Thanks so much!!
  • robdp2018robdp2018 Member Posts: 19
    edited April 2018
    Pardon my ignorance... If I'm getting a quote from a dealer on a particular Vehicle I like,
    what do I say if he gives me a higher Money factor and residual than the one I have been quoted here on Edmunds? What language should I use to say to him that he is over charging, or pushing up the figures and that the correct figures are xxxx??

    Appreciate any advice :)


    Also, Just got this quote from a dealer.. Any good?

    MSRP & sales price: $38,980
    Invoice: $38,062
    Rebates: $2,000
    EVTS: $895 Mopar Electronic Vehicle Tracking System
    Net Cap Cost: $37,875
    Base Payment $479 plus $44.34 Tax = $523 Tax included
    Residual %53 on 10k miles / year
    MF: %0.00002
    Drive off: $1,358 = $192.40 sales tax, $561.75 DMV fees, $80 doc fees & $523 first month payment

  • andy187andy187 Member Posts: 26
    edited April 2018
    2018 Jeep GrandCherokee Summit 4x4.

    MSRP: $44,675

    12,000 Miles. 36 Months.

    Oil Changes Included for Period of Lease

    $499 Per Month Sign and Drive Including NJ sales Tax. Is this a good deal?
  • MichaellMichaell Moderator Posts: 265,026
    robdp2018 said:

    Pardon my ignorance... If I'm getting a quote from a dealer on a particular Vehicle I like,
    what do I say if he gives me a higher Money factor and residual than the one I have been quoted here on Edmunds? What language should I use to say to him that he is over charging, or pushing up the figures and that the correct figures are xxxx??

    Appreciate any advice :)

    Also, Just got this quote from a dealer.. Any good?

    MSRP & sales price: $38,980
    Invoice: $38,062
    Rebates: $2,000
    EVTS: $895 Mopar Electronic Vehicle Tracking System
    Net Cap Cost: $37,875
    Base Payment $479 plus $44.34 Tax = $523 Tax included
    Residual %53 on 10k miles / year
    MF: %0.00002
    Drive off: $1,358 = $192.40 sales tax, $561.75 DMV fees, $80 doc fees & $523 first month payment

    The first thing you need to determine is what bank the dealer is using for their quote; we only have the Chrysler Capital numbers available to us.

    What trim is this quote for? 4x4 or 4x2?

    Why is there no discount in the selling price?

    What state and tax rate is this?

    The $895 is pretty much padding for the dealer.

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  • MichaellMichaell Moderator Posts: 265,026
    andy187 said:

    2018 Jeep GrandCherokee Summit 4x4.

    MSRP: $44,675

    12,000 Miles. 36 Months.

    Oil Changes Included for Period of Lease

    $499 Per Month Sign and Drive Including NJ sales Tax. Is this a good deal?

    .00006 and 50%

    What is the adjusted cap cost associated with this quote?

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  • robdp2018robdp2018 Member Posts: 19
    Michaell said:

    robdp2018 said:

    Pardon my ignorance... If I'm getting a quote from a dealer on a particular Vehicle I like,
    what do I say if he gives me a higher Money factor and residual than the one I have been quoted here on Edmunds? What language should I use to say to him that he is over charging, or pushing up the figures and that the correct figures are xxxx??

    Appreciate any advice :)

    Also, Just got this quote from a dealer.. Any good?

    MSRP & sales price: $38,980
    Invoice: $38,062
    Rebates: $2,000
    EVTS: $895 Mopar Electronic Vehicle Tracking System
    Net Cap Cost: $37,875
    Base Payment $479 plus $44.34 Tax = $523 Tax included
    Residual %53 on 10k miles / year
    MF: %0.00002
    Drive off: $1,358 = $192.40 sales tax, $561.75 DMV fees, $80 doc fees & $523 first month payment

    The first thing you need to determine is what bank the dealer is using for their quote; we only have the Chrysler Capital numbers available to us.

    What trim is this quote for? 4x4 or 4x2?

    Why is there no discount in the selling price?

    What state and tax rate is this?

    The $895 is pretty much padding for the dealer.

    Yes I think this was with Chrysler Capital. The trim was for the 4x2. I'm in California where I think it's 7.5% tax.



  • robdp2018robdp2018 Member Posts: 19
    edited April 2018
    Here's another I've been given...



    Any thoughts?
  • kyfdxkyfdx Moderator Posts: 267,789
    robdp2018 said:

    Michaell said:

    robdp2018 said:

    Pardon my ignorance... If I'm getting a quote from a dealer on a particular Vehicle I like,
    what do I say if he gives me a higher Money factor and residual than the one I have been quoted here on Edmunds? What language should I use to say to him that he is over charging, or pushing up the figures and that the correct figures are xxxx??

    Appreciate any advice :)

    Also, Just got this quote from a dealer.. Any good?

    MSRP & sales price: $38,980
    Invoice: $38,062
    Rebates: $2,000
    EVTS: $895 Mopar Electronic Vehicle Tracking System
    Net Cap Cost: $37,875
    Base Payment $479 plus $44.34 Tax = $523 Tax included
    Residual %53 on 10k miles / year
    MF: %0.00002
    Drive off: $1,358 = $192.40 sales tax, $561.75 DMV fees, $80 doc fees & $523 first month payment

    The first thing you need to determine is what bank the dealer is using for their quote; we only have the Chrysler Capital numbers available to us.

    What trim is this quote for? 4x4 or 4x2?

    Why is there no discount in the selling price?

    What state and tax rate is this?

    The $895 is pretty much padding for the dealer.

    Yes I think this was with Chrysler Capital. The trim was for the 4x2. I'm in California where I think it's 7.5% tax.



    If this is an Altitude or Laredo (you didn't say?), then .00002 MF and 53% residual is correct.
    The calculations are also correct.

    No discount and a dubious $895 dealer add-on.. Not much of a deal.

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  • kyfdxkyfdx Moderator Posts: 267,789
    robdp2018 said:

    Here's another I've been given...



    Any thoughts?

    Not much better than the other deal.. Lower payment, but the drive-off is $650 higher.

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  • robdp2018robdp2018 Member Posts: 19
    edited April 2018
    kyfdx said:
    Pardon my ignorance... If I'm getting a quote from a dealer on a particular Vehicle I like, what do I say if he gives me a higher Money factor and residual than the one I have been quoted here on Edmunds? What language should I use to say to him that he is over charging, or pushing up the figures and that the correct figures are xxxx?? Appreciate any advice :) Also, Just got this quote from a dealer.. Any good? MSRP & sales price: $38,980 Invoice: $38,062 Rebates: $2,000 EVTS: $895 Mopar Electronic Vehicle Tracking System Net Cap Cost: $37,875 Base Payment $479 plus $44.34 Tax = $523 Tax included Residual %53 on 10k miles / year MF: %0.00002 Drive off: $1,358 = $192.40 sales tax, $561.75 DMV fees, $80 doc fees & $523 first month payment
    The first thing you need to determine is what bank the dealer is using for their quote; we only have the Chrysler Capital numbers available to us. What trim is this quote for? 4x4 or 4x2? Why is there no discount in the selling price? What state and tax rate is this? The $895 is pretty much padding for the dealer.
    Yes I think this was with Chrysler Capital. The trim was for the 4x2. I'm in California where I think it's 7.5% tax.
    If this is an Altitude or Laredo (you didn't say?), then .00002 MF and 53% residual is correct. The calculations are also correct. No discount and a dubious $895 dealer add-on.. Not much of a deal.
    These are all quotes for the Altitude 4x2.
    Straight off the bat I’m getting quotes that basically give me no discount and they are trying to sell me the car way to close to the MSRP. 
  • PapajuicePapajuice Member Posts: 20
    Can you please comment on this lease offer from a local NY Jeep dealer:

    Grand Cherokee Limited 4x4 -- MSRP $46,170, Selling Price $43,800, Incentives $6,500, Adjusted Cap Cost $37,300, Money Factor .0001, Residual 55%, Taxes in lease payment, Putting down only first payment and DMV fees -- Monthly payment of $459/month for 36/10k or $454 for 39/10k. Thanks.
  • robdp2018robdp2018 Member Posts: 19
    Here's another on the Grand Cherokee Altitude 4X2...

    Sale price @ invoice: $38,062
    Rebates: $2,000
    I removed the EVTS $895 off the deal to lower your net cap cost
    Net Cap is: $36,062
    Monthly $468 Tax included
    $1291 drive off

    It's almost like they want me to say no. :disappointed:
  • wintersx866wintersx866 Member Posts: 21
    Hey guys! What are the numbers for Jeep Grand Cherokee High Altitude 4x4 for 36 months/12k in both area code 63108 and area code 98012?

    Also is the Acquisition fee still waived this month??
  • starbaistarbai Member Posts: 61
    Hi there.

    Looking for 36/10 and 39/10 lease rates for a High Altitude 4x4 in Orlando FL. Also any incentives in April?
  • edmundssuvedmundssuv Member Posts: 56
    Hello, may I get the 36/10 MF & RV numbers for Laredo(Altitude), Limited, Trailhawk. ALL 4 * 4. And still minus 1% for 12K, right? Thanks a lot!
  • soonersdudesoonersdude Member Posts: 19
    April Numbers when you get a chance:
    High Altitude 4x2
    Overland 4x2

    36/12 or 39/12 (whichever is best)
    Dallas, TX 75225
  • anh3anh3 Member Posts: 75
    JGC trail hawk 4x4, 36/39 mos, 15k m/y, any new numbers?

    much appreciated
  • byesubybyesuby Member Posts: 49
    What is the MF and residual for 2018 Overland 15/36 in MA? Thank you!
  • kyfdxkyfdx Moderator Posts: 267,789
    Papajuice said:

    Can you please comment on this lease offer from a local NY Jeep dealer:

    Grand Cherokee Limited 4x4 -- MSRP $46,170, Selling Price $43,800, Incentives $6,500, Adjusted Cap Cost $37,300, Money Factor .0001, Residual 55%, Taxes in lease payment, Putting down only first payment and DMV fees -- Monthly payment of $459/month for 36/10k or $454 for 39/10k. Thanks.

    Looks like a pretty good deal. I'm not moving to 39 months to save $5, though

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  • kyfdxkyfdx Moderator Posts: 267,789

    Hey guys! What are the numbers for Jeep Grand Cherokee High Altitude 4x4 for 36 months/12k in both area code 63108 and area code 98012?

    Also is the Acquisition fee still waived this month??

    .00019 MF and 54% residual
    Looks like acquisition fee is waived out West, but not in MO.

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  • kyfdxkyfdx Moderator Posts: 267,789
    starbai said:

    Hi there.

    Looking for 36/10 and 39/10 lease rates for a High Altitude 4x4 in Orlando FL. Also any incentives in April?

    .00019 MF and 55%/52% residual for 36/39 mo.

    No incentive info

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  • kyfdxkyfdx Moderator Posts: 267,789

    Hello, may I get the 36/10 MF & RV numbers for Laredo(Altitude), Limited, Trailhawk. ALL 4 * 4. And still minus 1% for 12K, right? Thanks a lot!

    Altitude: .00011 MF and 55% residual
    Limited: .00010 MF and 55% residual
    Trailhawk: .00037 MF and 56% residual

    Yes, -1% for 12K/yr

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  • kyfdxkyfdx Moderator Posts: 267,789

    April Numbers when you get a chance:
    High Altitude 4x2
    Overland 4x2

    36/12 or 39/12 (whichever is best)
    Dallas, TX 75225

    36/12
    .00020 MF and 52% residual
    Either trim

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  • kyfdxkyfdx Moderator Posts: 267,789
    anh3 said:

    JGC trail hawk 4x4, 36/39 mos, 15k m/y, any new numbers?

    much appreciated

    .00037 MF and 53%/51% residual for 36/39 mo.

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  • kyfdxkyfdx Moderator Posts: 267,789
    byesuby said:

    What is the MF and residual for 2018 Overland 15/36 in MA? Thank you!

    Assuming AWD
    .00019 MF and 52% residual

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  • nola222nola222 Member Posts: 48
    Do you show acq fee waived on Trailhawk trim this month for Texas region (Dallas)? I assume 3yr/12k at .00037 and 55% like other regions above for trailhawk v6?
  • MichaellMichaell Moderator Posts: 265,026
    nola222 said:

    Do you show acq fee waived on Trailhawk trim this month for Texas region (Dallas)? I assume 3yr/12k at .00037 and 55% like other regions above for trailhawk v6?

    Yes, acquisition fee waived for 36 months

    I confirm .00037 and 55% for 36/12

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  • byesubybyesuby Member Posts: 49
    kyfdx said:

    byesuby said:

    What is the MF and residual for 2018 Overland 15/36 in MA? Thank you!

    Assuming AWD
    .00019 MF and 52% residual
    Thank you. Does the Trailhawk have the best residual?
  • mr___gqmr___gq Member Posts: 12
    Hi...can you please provide the RV and MF for the altitude and high altitude for 36 months at 10k or 12k miles in zip code 30213? Also is the acquisition fee waived for these trims this month?
  • MichaellMichaell Moderator Posts: 265,026
    byesuby said:

    kyfdx said:

    byesuby said:

    What is the MF and residual for 2018 Overland 15/36 in MA? Thank you!

    Assuming AWD
    .00019 MF and 52% residual
    Thank you. Does the Trailhawk have the best residual?
    Yes - 53% for 36/15, but .00037 MF

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  • MichaellMichaell Moderator Posts: 265,026
    mr___gq said:

    Hi...can you please provide the RV and MF for the altitude and high altitude for 36 months at 10k or 12k miles in zip code 30213? Also is the acquisition fee waived for these trims this month?

    4x4 or 4x2?

    Yes, acquisition fee is waived for those trim levels in April.

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  • rbc2003rbc2003 Member Posts: 13
    Hi guys! I’m new to the forum, I’ve been reading and doing research and finally I understand the MF and RV lol
    So now that I know that, can I get numbers for the 2018 Jeep GC High Altitude in NYC
    AWD, 36 mo and 12k or 15k lease.
    If possible numbers for the GC Altitude as well,
    thank you in advance.


  • mr___gqmr___gq Member Posts: 12
    Michaell said:
    Hi...can you please provide the RV and MF for the altitude and high altitude for 36 months at 10k or 12k miles in zip code 30213? Also is the acquisition fee waived for these trims this month?
    4x4 or 4x2? Yes, acquisition fee is waived for those trim levels in April.
    Both the 4x4 and 4x2
  • jits999jits999 Member Posts: 5
    Just left a dealershop, got offer for 2018 Grand Cherokee Overland 4x4. 

    MSRP $49,685
    Negotiated price $46,769
    Rebates $6750
    0 down
    Residual 54%
    Money Factor .00183

    Everything looks great except for the money factor, it has me at a price of $561/month when I thought I'd be in the 4s based on the money factor I've seen on this forum (.00019) . Dealer says they can't bring MF down at all. 

    Any thoughts?
  • jits999jits999 Member Posts: 5
    sorry forgot to mention in Massachusetts with 6.25% tax included in payment, and this is a 36month lease with 15k miles per year.
    jits999 said:

    Just left a dealershop, got offer for 2018 Grand Cherokee Overland 4x4. 

    MSRP $49,685
    Negotiated price $46,769
    Rebates $6750
    0 down
    Residual 54%
    Money Factor .00183

    Everything looks great except for the money factor, it has me at a price of $561/month when I thought I'd be in the 4s based on the money factor I've seen on this forum (.00019) . Dealer says they can't bring MF down at all. 

    Any thoughts?

  • kyfdxkyfdx Moderator Posts: 267,789
    rbc2003 said:

    Hi guys! I’m new to the forum, I’ve been reading and doing research and finally I understand the MF and RV lol
    So now that I know that, can I get numbers for the 2018 Jeep GC High Altitude in NYC
    AWD, 36 mo and 12k or 15k lease.
    If possible numbers for the GC Altitude as well,
    thank you in advance.


    Altitude: .00011 MF and 54%/52% residual
    HighAlt: .00019 MF and 54%/52% residual

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  • kyfdxkyfdx Moderator Posts: 267,789
    jits999 said:

    sorry forgot to mention in Massachusetts with 6.25% tax included in payment, and this is a 36month lease with 15k miles per year.

    jits999 said:

    Just left a dealershop, got offer for 2018 Grand Cherokee Overland 4x4. 

    MSRP $49,685
    Negotiated price $46,769
    Rebates $6750
    0 down
    Residual 54%
    Money Factor .00183

    Everything looks great except for the money factor, it has me at a price of $561/month when I thought I'd be in the 4s based on the money factor I've seen on this forum (.00019) . Dealer says they can't bring MF down at all. 

    Any thoughts?

    Looks like an independent bank lease, and not Chrysler Capital.
    Residual is higher than Chrysler Capital, and the rebate level looks a lot higher than what we see for Chrysler Capital lease.

    Ask the dealer which bank they are using, and ask them to give you a quote using Chrysler Capital program. Then, you can compare.

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  • jits999jits999 Member Posts: 5
    Yes it's with a local credit union.  Do you know what the Chrysler Capital MF and residual would be in MA for the 15k per year and 36 months for the Overland Trim? The salesperson told me that they run all the numbers and this was the best, but he refused to show me any other lease quotes .

    Thanks!
  • nacdalenacdale Member Posts: 17
    Does anyone know if they are doing any decent lease deals on the 2018 Grand Cherokee Trackhawk? Trying to find out more information in Illinois.
  • kyfdxkyfdx Moderator Posts: 267,789
    jits999 said:

    Yes it's with a local credit union.  Do you know what the Chrysler Capital MF and residual would be in MA for the 15k per year and 36 months for the Overland Trim? The salesperson told me that they run all the numbers and this was the best, but he refused to show me any other lease quotes .

    Thanks!

    .00019 MF and 52% residual

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  • kyfdxkyfdx Moderator Posts: 267,789
    nacdale said:

    Does anyone know if they are doing any decent lease deals on the 2018 Grand Cherokee Trackhawk? Trying to find out more information in Illinois.

    I don't think you'll ever find a "deal" on a Trackhawk.

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