2018 Jeep Grand Cherokee Lease Deals and Prices

kyfdx

phineasred said:

kyfdx said:

phineasred said:

kyfdx said:

phineasred said:

Michaell said:

Hello, I am looking for any information on leasing a GC Limited in the Chicago area (60640).   It looks like those numbers ML and % numbers that everyone is asking for must be important so I should probably start there.  

Also, I was just quoted 512 a month (including the ridiculous Chicago taxes, $425 before taxes) with 0 down and just first payment/title/doc fees for 36/10k on a GC limited with the advanced safety tech package. This seems pretty high given some of the numbers I see people mentioned in here, anyone have a ballpark monthly payment I should be shooting for in this situation? I don’t mind if the dealer makes some money, I just don’t want to get fleeced.  Thanks so much in advance! 

4x4 or 4x2?

If you live in the city of Chicago, your total tax rate is something like 17%, so any quote you get will be significantly higher than other posts on this thread.

If you provide the MSRP and selling price / adjusted CAP cost, we can model the payment.

Use this link to help understand how all the numbers work:

https://www.edmunds.com/car-leasing/calculate-your-own-lease-payment.html

Thank you so much for responding! I truly appreciate the help! It’s a 4x4 and I believe the original Msrp was about 45,345 plus a 1500 destination charge, but the total cost after the incentives was about 42,120.   That was an interesting read, thanks for providing that link. I think I’m getting a better idea on how all this works now  

.00009 MF and 54% residual
$4500 incentive

Find out the actual MSRP - The bottom line on the official window sticker.
Destination charges are not $1500.

Ok, so I got the window sticker. “Total price” is actually 46,620 and the destination charge is 1,445.  Is there anything else on the sticker that could help? Thank you so much for your help! 

Are they offering any discount, other than the incentives?

Not that I am aware of, they just told me about the current incentives, there was no mention of any additional discounts. 

You need to negotiate a discount, in addition to the incentives. No one pays MSRP.

kyfdx

335xiguy said:

Is there a difference in MF / residual for 4x4 Limted, Overland and High Altitude? 36/10k in 60137

Are dealers allowed to markup?
Ty

LTD: .00009 MF and 54% residual. $4500 incentive
OVL: .00015 MF and 54% residual. $2500 incentive
HA: .00015 MF and 54% residual. $2500 incentive

Dealers can markup the money factor by .00042 max

wsy2018

Hi,MF,Res,Incentives for LTD and TH for36/12k.zip 44124. also wondering if you have any insight into discount from MSRP I should target. thanks

Michaell

wsy2018 said:

Hi,MF,Res,Incentives for LTD and TH for36/12k.zip 44124. also wondering if you have any insight into discount from MSRP I should target. thanks

LTD 4x4 - .00009 and 53%
TH - .00023 and 54%
$2500 lease incentives

We don't track pricing, sorry.

edmgc18

Hi, what are the incentives on a GC Altitude if I have lease conquest? I thought it was a total of $4500, but a dealer just told me that the $2500 lease cash wouldn't apply and that I'd only get $2000 in rebates.

Thanks

purzlol

Hi MF , RV and incentives for area code 12009. 12k miles 36/39 months whatever is better.

Jeep Grand Cherokee limited 4×4
Sterling / overland / high altitude as well if they're separate. My one quote so far has the Sterling listed as limited so maybe all are just limited variations. Thank you

mackib1

Hello looking at MF, RV and rebates etc in 02631 12/k 36/39
Grand Cherokee Laredo E
Thanks!

vpegany1

kyfdx said:

Hello again ! I am helping my sis in law purchase a GC.  Can I get MF, residual, and MF for the following:
Altitude & Limited trim
4X2 + 4X4
36month 10k 
zip code : 95901 
+ Any incentives (conquest etc)
thank you guys so much !

4X2 Altitude: .00004 MF and 52% residual 4X2 Limited: .00016 MF and 53% residual
4X4 Altitude: .00013 MF and 54% residual 4X4 Limited: .00009 MF and 54% residual $2500 incentive

Thank you again for all the valuable info on this forum! I was able to close a deal with the above info. from a dealer in the Sacramento, Ca area. PM me for the dealer info if needed. 

2018 Grand Cherokee Altitude 4X4
MSRP: 40,835
Sale Price: 32,335 after rebates 
Residual: 54%
MF: .00013
Term: 36/10k
Fees: roughly $1,200
Tax: 8%
Monthly: $316 taxes incl
Down: $2,500
 

Michaell

vpegany1 said:

kyfdx said:

Hello again ! I am helping my sis in law purchase a GC.  Can I get MF, residual, and MF for the following:
Altitude & Limited trim
4X2 + 4X4
36month 10k 
zip code : 95901 
+ Any incentives (conquest etc)
thank you guys so much !

4X2 Altitude: .00004 MF and 52% residual
4X2 Limited: .00016 MF and 53% residual


4X4 Altitude: .00013 MF and 54% residual
4X4 Limited: .00009 MF and 54% residual


$2500 incentive


Thank you again for all the valuable info on this forum! I was able to close a deal with the above info. from a dealer in the Sacramento, Ca area. PM me for the dealer info if needed. 

2018 Grand Cherokee Altitude 4X4
MSRP: 40,835
Sale Price: 32,335 after rebates 
Residual: 54%
MF: .00013
Term: 36/10k
Fees: roughly $1,200
Tax: 8%
Monthly: $316 taxes incl
Down: $2,500
 



Congrats!

Feel free to post the dealer name - just no contact info (URL, phone, etc.)

Michaell

edmgc18 said:

Hi, what are the incentives on a GC Altitude if I have lease conquest? I thought it was a total of $4500, but a dealer just told me that the $2500 lease cash wouldn't apply and that I'd only get $2000 in rebates.

Thanks

We don't have any conquest information.

Michaell

purzlol said:

Hi MF , RV and incentives for area code 12009. 12k miles 36/39 months whatever is better.

Jeep Grand Cherokee limited 4×4
Sterling / overland / high altitude as well if they're separate. My one quote so far has the Sterling listed as limited so maybe all are just limited variations. Thank you

LTD / STR - .00009 and 53% / 50%
OVR / HA - .00015 and 53% / 48%
$3500 lease incentives for all 4

Michaell

mackib1 said:

Hello looking at MF, RV and rebates etc in 02631 12/k 36/39
Grand Cherokee Laredo E
Thanks!

Assuming 4x4...

.00013 and 53% / 49%
$3500 lease incentives

jjgneedsinfo

hi, could you please provide me the RV, MF, and lease incentives on a Jeep GC High Altitude in Miami, FL? Thank you!

jjgneedsinfo

jjgneedsinfo said:

hi, could you please provide me the RV, MF, and lease incentives on a Jeep GC High Altitude in Miami, FL? Thank you!

4x2 and 4c4 programs please.

kyfdx

jjgneedsinfo said:

jjgneedsinfo said:

hi, could you please provide me the RV, MF, and lease incentives on a Jeep GC High Altitude in Miami, FL? Thank you!

4x2 and 4c4 programs please.

36/15
RWD: .00016 MF and 49% residual
AWD: .00015 MF and 51% residual

$2500 incentive

ned_digger

Just signed this deal today. It is my 2nd Grand Cherokee in 8 months....this one for the wife!

New Jeep Grand Cherokee Limited 4x4

MSRP $47,515

Cash due at signing $2,500 ( includes first month ($370), cap reduction($1,840), taxes($265) and fees($25) )

36 mo/12K miles

Total Payment $370 / month ($345.79 (lease) + $24.21(7% sales tax) = $370 / month

I think i got a fair deal.....

finisher9876

Hi,

I'm looking for a 2018 GC Overland 4x4 about $50k MSRP. I'm in zip code 10801. 36 months with 10k miles. The dealer said they would reduce MSRP by 6k if I put down 6k as well. The total monthly price with everything else rolled in is $450. Is this a good price?

Thank you

Michaell

finisher9876 said:

Hi,

I'm looking for a 2018 GC Overland 4x4 about $50k MSRP. I'm in zip code 10801. 36 months with 10k miles. The dealer said they would reduce MSRP by 6k if I put down 6k as well. The total monthly price with everything else rolled in is $450. Is this a good price?

Thank you

So, you're giving them the $6K that they will discount the car by?

Pass on that offer - we do not recommend putting money down on a lease, beyond the first payment and registration costs.

But, negotiate for that $6K off MSRP, then subtract the incentives.

.00015 and 54%
$3500 lease incentives

petertar

May I please have MF, residuals and incentives for GC Limited. 36/12 and 36/15 AWD 01730

Thanks in advance

Michaell

petertar said:

May I please have MF, residuals and incentives for GC Limited. 36/12 and 36/15 AWD 01730

Thanks in advance

.00009 and 53% / 51%
$3500 lease incentives

kyfdx

ned_digger said:

Just signed this deal today. It is my 2nd Grand Cherokee in 8 months....this one for the wife!

New Jeep Grand Cherokee Limited 4x4

MSRP $47,515

Cash due at signing $2,500 ( includes first month ($370), cap reduction($1,840), taxes($265) and fees($25) )

36 mo/12K miles

Total Payment $370 / month ($345.79 (lease) + $24.21(7% sales tax) = $370 / month

I think i got a fair deal.....

Congrats! Looks like a very good deal.

pnwboater

Oregon- 97215
GC Limited
15K /36 months

Seeking MF, Residual and incentives. Thank you in advance

Michaell

pnwboater said:

Oregon- 97215
GC Limited
15K /36 months

Seeking MF, Residual and incentives. Thank you in advance

4x4 or 4x2?

pnwboater

Michaell said:

pnwboater said:

Oregon- 97215
GC Limited
15K /36 months

Seeking MF, Residual and incentives. Thank you in advance

4x4 or 4x2?

4x4

kyfdx

pnwboater said:

Michaell said:

pnwboater said:

Oregon- 97215
GC Limited
15K /36 months

Seeking MF, Residual and incentives. Thank you in advance

4x4 or 4x2?

4x4

.00009 MF and 51% residual
$3000 incentive

daww00d

mf and residual on Grand Cherokee Trailhawk 4x4 for 24 month 15k miles zip code 11040

finisher9876

Hi, I got an offer for a 2018 GC Altitude 4x4, MSRP of 40,895, 36mo/10k miles for $3000 down and everything else rolled into a $350 payment. As an added bonus I get 3 years of free oil changes. My zip is 10801. Is this a good deal or could I do better? Thank you

Michaell

daww00d said:

mf and residual on Grand Cherokee Trailhawk 4x4 for 24 month 15k miles zip code 11040

.00004 and 60%
$4000 lease incentives

Michaell

finisher9876 said:

Hi,

I got an offer for a 2018 GC Altitude 4x4, MSRP of 40,895, 36mo/10k miles for $3000 down and everything else rolled into a $350 payment. As an added bonus I get 3 years of free oil changes. My zip is 10801. Is this a good deal or could I do better?

Thank you

.00015 and 54%
$4000 lease incentives

What is the selling price or adjusted CAP cost?
What does the $3000 cover?

The oil changes are worth a few hundred dollars, at most. Don't step over dollars to pick up pennies.

daww00d

Michaell said:

daww00d said:

mf and residual on Grand Cherokee Trailhawk 4x4 for 24 month 15k miles zip code 11040

.00004 and 60%
$4000 lease incentives

my dealer told me the residual was 56% for 24 month?

kyfdx

daww00d said:

Michaell said:

daww00d said:

mf and residual on Grand Cherokee Trailhawk 4x4 for 24 month 15k miles zip code 11040

.00004 and 60%
$4000 lease incentives

my dealer told me the residual was 56% for 24 month?

It's possible he is quoting a different bank than Chrysler Capital
I confirm the numbers given above.

carseek14

Please provide mf and residual on Grand Cherokee Trailhawk for...

36 months 15k miles zip code 07728
39 months 15k miles zip code 07728

Michaell

carseek14 said:

Please provide mf and residual on Grand Cherokee Trailhawk for...

36 months 15k miles zip code 07728
39 months 15k miles zip code 07728

.00023 and 52% / 48%
$4000 lease incentives

rcbtx67

Anyway to get the Ally numbers for the following:

2018
Grand Cherokee Trailhawk
36 months
12K miles/yr
77459

Thanks kindly

tkejr1145

Hi - Jeep Grand Cherokee Laredo; 36/10k ZIP 18018 - thanks much!

Michaell

rcbtx67 said:

Anyway to get the Ally numbers for the following:

2018
Grand Cherokee Trailhawk
36 months
12K miles/yr
77459

Thanks kindly

No Ally numbers

Michaell

tkejr1145 said:

Hi - Jeep Grand Cherokee Laredo; 36/10k ZIP 18018 - thanks much!

Assuming 4x4, .00013 and 54%; $2500 lease incentives

jamiejust

Hi. Hoping someone can help me figure out what my lease should be on a 4x4 Grand Cherokee limited 36 months/10k. Msrp is $43730. Zip code is 11507.
thank you in advance.

Michaell

jamiejust said:

Hi. Hoping someone can help me figure out what my lease should be on a 4x4 Grand Cherokee limited 36 months/10k. Msrp is $43730. Zip code is 11507.
thank you in advance.

.00009 and 54%
$4000 lease incentives

Need to know the selling price in order to give you a payment.

jamiejust

Michaell said:

Hi. Hoping someone can help me figure out what my lease should be on a 4x4 Grand Cherokee limited 36 months/10k. Msrp is $43730. Zip code is 11507.
thank you in advance.

.00009 and 54% $4000 lease incentives Need to know the selling price in order to give you a payment.

Thank you! They said its $41,003.

Michaell

jamiejust said:

Michaell said:

jamiejust said:

Hi. Hoping someone can help me figure out what my lease should be on a 4x4 Grand Cherokee limited 36 months/10k. Msrp is $43730. Zip code is 11507.
thank you in advance.

.00009 and 54%
$4000 lease incentives

Need to know the selling price in order to give you a payment.

Thank you! They said its $41,003.

$41,003
-$4000 (incentive)
+$595 (acquisition fee)
+$75 (doc fee, capped in NY)

I get a payment of $394/mo, plus tax

jamiejust

Michaell said:

Michaell said:

Hi. Hoping someone can help me figure out what my lease should be on a 4x4 Grand Cherokee limited 36 months/10k. Msrp is $43730. Zip code is 11507.
thank you in advance.

.00009 and 54% $4000 lease incentives Need to know the selling price in order to give you a payment.

Thank you! They said its $41,003.

$41,003 -$4000 (incentive) +$595 (acquisition fee) +$75 (doc fee, capped in NY) I get a payment of $394/mo, plus tax

Thank you so much. They gave me a price of $411 with taxes rolled in and fees up front with first payment. Can someone tell me if this is fair or am I getting ripped? 

Thank you in advance.

bne2103

Hi there,

I'm looking at a 2018 Jeep Grand Cherokee High Altitude 4x4, MSRP $53,330, in Boston.

Could someone tell me the numbers on:

36 mo / 10k
24 mo / 10k

Thanks!!

kyfdx

jamiejust said:

Michaell said:

Michaell said:

Hi. Hoping someone can help me figure out what my lease should be on a 4x4 Grand Cherokee limited 36 months/10k. Msrp is $43730. Zip code is 11507.
thank you in advance.

.00009 and 54%
$4000 lease incentives

Need to know the selling price in order to give you a payment.

Thank you! They said its $41,003.

$41,003
-$4000 (incentive)
+$595 (acquisition fee)
+$75 (doc fee, capped in NY)

I get a payment of $394/mo, plus tax


Thank you so much. They gave me a price of $411 with taxes rolled in and fees up front with first payment. Can someone tell me if this is fair or am I getting ripped? 

Thank you in advance.

That looks very good, but find out the exact amount due upfront.

kyfdx

bne2103 said:

Hi there,

I'm looking at a 2018 Jeep Grand Cherokee High Altitude 4x4, MSRP $53,330, in Boston.

Could someone tell me the numbers on:

36 mo / 10k
24 mo / 10k

Thanks!!

.00015 MF and 54% residual
.00001 MF and 61% residual

$4000 incentive

bne2103

kyfdx said:

bne2103 said:

Hi there,

I'm looking at a 2018 Jeep Grand Cherokee High Altitude 4x4, MSRP $53,330, in Boston.

Could someone tell me the numbers on:

36 mo / 10k
24 mo / 10k

Thanks!!

.00015 MF and 54% residual
.00001 MF and 61% residual

$4000 incentive

//

Thank you! Do these numbers presume a very creditworthy lessee? Assuming dealer does not mark up MF, should I expect to see these numbers?

Really appreciate the help.

kyfdx

bne2103 said:

kyfdx said:

bne2103 said:

Hi there,

I'm looking at a 2018 Jeep Grand Cherokee High Altitude 4x4, MSRP $53,330, in Boston.

Could someone tell me the numbers on:

36 mo / 10k
24 mo / 10k

Thanks!!

.00015 MF and 54% residual
.00001 MF and 61% residual

$4000 incentive

//

Thank you! Do these numbers presume a very creditworthy lessee? Assuming dealer does not mark up MF, should I expect to see these numbers?

Really appreciate the help.

Yes.. this is for top tier credit.

CC allows dealers to markup by as much as .00042 over this rate, so watch out for that.

qbrozen

jamiejust said:

Michaell said:

Michaell said:

Hi. Hoping someone can help me figure out what my lease should be on a 4x4 Grand Cherokee limited 36 months/10k. Msrp is $43730. Zip code is 11507.
thank you in advance.

.00009 and 54% $4000 lease incentives Need to know the selling price in order to give you a payment.

Thank you! They said its $41,003.

$41,003 -$4000 (incentive) +$595 (acquisition fee) +$75 (doc fee, capped in NY) I get a payment of $394/mo, plus tax

Thank you so much. They gave me a price of $411 with taxes rolled in and fees up front with first payment. Can someone tell me if this is fair or am I getting ripped? 

Thank you in advance.

Not for nothin, but I just downloaded this Honcker app and it shows me  a Grand Cherokee Ltd for $400/mo with only first month due at signing. This is 12k/24 mos and includes all taxes and fees, so they say.

bne2103

kyfdx said:

bne2103 said:

kyfdx said:

bne2103 said:

Hi there,

I'm looking at a 2018 Jeep Grand Cherokee High Altitude 4x4, MSRP $53,330, in Boston.

Could someone tell me the numbers on:

36 mo / 10k
24 mo / 10k

Thanks!!

.00015 MF and 54% residual
.00001 MF and 61% residual

$4000 incentive

//

Thank you! Do these numbers presume a very creditworthy lessee? Assuming dealer does not mark up MF, should I expect to see these numbers?

Really appreciate the help.

Yes.. this is for top tier credit.

CC allows dealers to markup by as much as .00042 over this rate, so watch out for that.

Thanks!

Dealt with a dealer today who appears to be making me a good offer, but was a little shady on how he's coming up with his numbers (frustratingly, he wouldn't simply negotiate discount, then discuss incentives, etc.). In the end, they are offering:

$588 per month for 24/10k; 0 down; $587.99 out of pocket (assuming this is fees but I don't have details).

Based on the $53,330 MSRP, assuming the MF and residual you provided, and factoring in $4000 incentives and the $750 appreciation incentive Jeep sent me recently, I'm thinking that they are basically taking 7 percent off MSRP to get to this figure. That seems reasonable, I think.

Going to shop it around; any thoughts though?

Michaell

bne2103 said:

kyfdx said:

bne2103 said:

kyfdx said:

bne2103 said:

Hi there,

I'm looking at a 2018 Jeep Grand Cherokee High Altitude 4x4, MSRP $53,330, in Boston.

Could someone tell me the numbers on:

36 mo / 10k
24 mo / 10k

Thanks!!

.00015 MF and 54% residual
.00001 MF and 61% residual

$4000 incentive

//

Thank you! Do these numbers presume a very creditworthy lessee? Assuming dealer does not mark up MF, should I expect to see these numbers?

Really appreciate the help.

Yes.. this is for top tier credit.

CC allows dealers to markup by as much as .00042 over this rate, so watch out for that.

Thanks!

Dealt with a dealer today who appears to be making me a good offer, but was a little shady on how he's coming up with his numbers (frustratingly, he wouldn't simply negotiate discount, then discuss incentives, etc.). In the end, they are offering:

$588 per month for 24/10k; 0 down; $587.99 out of pocket (assuming this is fees but I don't have details).

Based on the $53,330 MSRP, assuming the MF and residual you provided, and factoring in $4000 incentives and the $750 appreciation incentive Jeep sent me recently, I'm thinking that they are basically taking 7 percent off MSRP to get to this figure. That seems reasonable, I think.

Going to shop it around; any thoughts though?

CAP cost would have to be around $46,600 to get that payment.