2018 Jeep Grand Cherokee Lease Deals and Prices

fast164

Hi!
Can I get numbers for 36/10 and 24/10 for Grand Cherokee Summit 4X4 and High Altitude 4X4 with Turbo Diesel engine.

Zip Code:48193

Any Incentives?

bne2103

Michaell said:

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.

Ah I see your math now -- I wasn't factoring in the auto-added sales tax that the Edmunds lease calculator tool applies.

Interesting -- so assuming either $4000 or $4750 incentives, that's between a 3.7% and 5.1% discount off MSRP. Will use that as a jumping off point for the next dealership I suppose.

qbrozen

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.

Ah I see your math now -- I wasn't factoring in the auto-added sales tax that the Edmunds lease calculator tool applies. Interesting -- so assuming either $4000 or $4750 incentives, that's between a 3.7% and 5.1% discount off MSRP. Will use that as a jumping off point for the next dealership I suppose.

I don't know about Boston, but this is what I am seeing in NJ.

bne2103

qbrozen 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.

Ah I see your math now -- I wasn't factoring in the auto-added sales tax that the Edmunds lease calculator tool applies.

Interesting -- so assuming either $4000 or $4750 incentives, that's between a 3.7% and 5.1% discount off MSRP. Will use that as a jumping off point for the next dealership I suppose.

I don't know about Boston, but this is what I am seeing in NJ.




Interesting! Though if this is an internet offer, I've seen similar stuff around here from dealers who advertise low rates like this by including 2500 extra in incentives that few people will actually qualify for. For instance, I got am email offer today that looked great -- asked for more details and it turns out it assumes rebates like "$500 for members of the national realtors association"! Anything to get you in the door, I suppose ...

qbrozen

I don't know for sure but I have only heard a couple of reports from people who have used Honcker and they have not complained about that. I'd be curious to hear from someone on Edmunds who has tried it.

Michaell

fast164 said:

Hi!
Can I get numbers for 36/10 and 24/10 for Grand Cherokee Summit 4X4 and High Altitude 4X4 with Turbo Diesel engine.

Zip Code:48193

Any Incentives?

Summit
.00006 and 58%
.00020 and 51%

High Altitude
.00001 and 61%
.00015 and 54%

$4000 lease incentives for both

macinteez

Hi Michaell,

Can I get numbers for 36/12 for Grand Cherokee Limited 4X4? Could I get a lease price with those numbers at a sale price of 37,500 with 760+ credit.

Zip Code:02122

Any Incentives?

Thank you very much.

stylinhonda

Could I please get money factor, residual and any incentives for Louisville, KY 40220.  36/10

2018 Altitude 4x4
2018 Overland 4x4
2018 Limited 4x4

Thanks!  

kyfdx

macinteez said:

Hi Michaell,

Can I get numbers for 36/12 for Grand Cherokee Limited 4X4? Could I get a lease price with those numbers at a sale price of 37,500 with 760+ credit.

Zip Code:02122

Any Incentives?

Thank you very much.

.00009 MF and 53% residual
$4000 incentive

Michaell

stylinhonda said:

Could I please get money factor, residual and any incentives for Louisville, KY 40220.  36/10

2018 Altitude 4x4
2018 Overland 4x4
2018 Limited 4x4

Thanks!  

ALT - .00015 and 54%
OVR - .00015 and 54%
LTD - .00009 and 54%

$3000 incentives on ALT/OVR, $3500 on LTD

tkejr1145

Offer on 2018 Grand Cherokee 4WD - $34,600 MSRP
39/10k - nothing down sans first payment
$311 per month and they are throwing in all weather mats

Reasonable?

kyfdx

tkejr1145 said:

Offer on 2018 Grand Cherokee 4WD - $34,600 MSRP
39/10k - nothing down sans first payment
$311 per month and they are throwing in all weather mats

Reasonable?

Super cheap.... better grab it.

tkejr1145

Great to hear. They are using .0013 (not .00013) MF and 51% residual tho; which is in contrast to what I am reading here. Around $8k in rebates; typical fees (all rolled into the payment). Should I question the MF and residual or take it and run?

kyfdx

tkejr1145 said:

Great to hear. They are using .0013 (not .00013) MF and 51% residual tho; which is in contrast to what I am reading here. Around $8k in rebates; typical fees (all rolled into the payment). Should I question the MF and residual or take it and run?

If it's a Chrysler Capital lease, they couldn't markup the money factor that much... and, if they did, the payment would be a lot higher.

Find out what bank.. If it's Chrysler Capital, they are just making a mistake in relating the actual number to you.

tkejr1145

US Bank - I'm actually helping a friend negotiate remotely. Spoke with dealer they offered a couple thousand for using a non-Chrysler bank if I recall.

tkejr1145

She also works for UPS - but the dealer was telling her/me that they can't stack discounts or something. Or that they are giving more than they would get with UPS. That said I told her NOT to give the UPS code to them - to see if they ask for it later (since they said they aren't using it so why would they need it)...

tkejr1145

Final contract before signing - she’s going to sign tomorrow after I review but it looks good upon first glance. 

twigsnberries

That looks good. Im trying to get that same deal. There is a $3k rebate if they will use USBANK but my dealer wont do it. I think I am walking. How much did they discount the MSRP out of curiosity? Im doing 36/12k

jpcolorado1

Looking for MF, residual and incentives on 2018 Jeep Grand Cherokee 4x4 Overland in Denver, Colorado (or 80126) on 36/12 and 36/15. Top tier credit. Thanks.

bd38

Hi could I get the money factor and residual on a 4x4 trail hawk 36 month 7500 in Long Island NYC? any incentives? Thank you.

tkejr1145

They gave the $3,000 USBank rebate - MSRP was $34,640 - $7,816 in rebates.  It cracks me up that they tried to first offer $380 with $3k down - and we end at $317 with zero down.

eric7123

What is the residual, MF, and incentives on a 2018 Jeep Grand Cherokee Trailhawk in 48326? 36/15 lease.

kyfdx

tkejr1145 said:

They gave the $3,000 USBank rebate - MSRP was $34,640 - $7,816 in rebates.  It cracks me up that they tried to first offer $380 with $3k down - and we end at $317 with zero down.

That looks like a great deal.

I have a USBank lease on a Tacoma.

kyfdx

twigsnberries said:

That looks good. Im trying to get that same deal. There is a $3k rebate if they will use USBANK but my dealer wont do it. I think I am walking. How much did they discount the MSRP out of curiosity? Im doing 36/12k

$1050 discount on that deal, before $7500 rebate

kyfdx

jpcolorado1 said:

Looking for MF, residual and incentives on 2018 Jeep Grand Cherokee 4x4 Overland in Denver, Colorado (or 80126) on 36/12 and 36/15. Top tier credit. Thanks.

.00015 MF
53%/51% residual
$3000 incentive

kyfdx

bd38 said:

Hi could I get the money factor and residual on a 4x4 trail hawk 36 month 7500 in Long Island NYC? any incentives? Thank you.

36/10
.00023 MF and 55% residual
$4000 incentive

7.5K/yr not offered

kyfdx

eric7123 said:

What is the residual, MF, and incentives on a 2018 Jeep Grand Cherokee Trailhawk in 48326? 36/15 lease.

.00023 MF and 52% residual
$4000 incentive

user4to16

Can I please get the MF, residual and lease cash for a 2018 Jeep Grand Cherokee LAREDO 4X4 in zip 44124 for:

24/10k
24/12k
36/12k

Thanks!

kyfdx

user4to16 said:

Can I please get the MF, residual and lease cash for a 2018 Jeep Grand Cherokee LAREDO 4X4 in zip 44124 for:

24/10k
24/12k
36/12k

Thanks!

24/12: .00002 MF and 61% residual
36/12: .00013 MF and 53% residual

Add 1% for 10K/yr

$3500 incentive

no1b4me1

rebates, incentives, MF & residual for 36/12 lease for Grand Cherokee Limited 4x4 in 61072

Thanks

bne2103

Could I please get MF and residual for 27/10 lease on GC High Altitude 4x4 (MSRP 53,330) in 02478?

Thanks!

kyfdx

no1b4me1 said:

rebates, incentives, MF & residual for 36/12 lease for Grand Cherokee Limited 4x4 in 61072

Thanks

.00009 MF and 53% residual
$5000 incentive

kyfdx

bne2103 said:

Could I please get MF and residual for 27/10 lease on GC High Altitude 4x4 (MSRP 53,330) in 02478?

Thanks!

27 month term not supported

24/10: .00001 MF and 61% residual
36/10: .00015 MF and 54% residual

$4000 incentive

acaggino

Could I please get lease info on GC Limited, Altitude, and High Altitude in 11787 for 36/12k? Dealership is giving $9000 in rebates.

qbrozen

acaggino said:

Could I please get lease info on GC Limited, Altitude, and High Altitude in 11787 for 36/12k? Dealership is giving $9000 in rebates.

Ummm... what dealership is giving $9k rebates? And what is the discount before rebates?

kyfdx

acaggino said:

Could I please get lease info on GC Limited, Altitude, and High Altitude in 11787 for 36/12k? Dealership is giving $9000 in rebates.

I only have Chrysler Capital numbers, and there won't be $9000 rebates with their lease program.
Sorry..

bne2103

kyfdx said:

bne2103 said:

Could I please get MF and residual for 27/10 lease on GC High Altitude 4x4 (MSRP 53,330) in 02478?

Thanks!

27 month term not supported

24/10: .00001 MF and 61% residual
36/10: .00015 MF and 54% residual

$4000 incentive

Thanks -- so if my dealer is willing to arrange a 27 month term, does that indicate they are using someone else than Chrysler Capital?

Deal on the MSRP $53,330 car is $568/mo, zero down -- just wondering if it is fair?

donkeyflguy

Gentlemen... I am simply trying to get the cheapest/best GC deal in south FL. Either a base laredo or altitude 36/15k (4x2). I am being quoted at zero down $376+tax for laredo and 470+tax for altitude. Am I missing something here? I know the incentives are different across the states and months, but the deals I am seeing on here are making me think I can do a lot better... They showed me $36k -$6k net price between $30k-$31k net price for altitude and then they want 470+tax... It isn't making sense with the numbers here and the calculators online... Thank you in advance.

twigsnberries

Same here. I get $4k rebates but I cant get the dealership to budge on price. Only discounting MSRP $513..What a joke. I get the MF above and Res of 53%, but they wont budge. They have 200 between 2 lots here and the 2019s are coming soon. What gives??

qbrozen

Have you guys tried checking the prices on the Honcker app? For a Laredo, in NJ, I'm seeing $349 ALL IN with only first month at signing for 24 mos/12k. AWD. msrp $34,640. 
$392 on ALtitude msrp $40,835.

patricks24

Looking for money factor and residual on 4x4 Altitude 36 month / 12k in NJ. Went to dealer and they provided:
MSRP: $42,030
RV: 54%
MF: .0013 (I think it was a typo and should have been .00013)
Incentives of $4,000

Looks like they didn't provide me with the full picture. I would think total cap cost reduction should be around $8k since end of the month and new models arriving in a few months. I like to try and do 350 per month. Any thoughts on questions I should ask the dealer?

Michaell

bne2103 said:

kyfdx said:

bne2103 said:

Could I please get MF and residual for 27/10 lease on GC High Altitude 4x4 (MSRP 53,330) in 02478?

Thanks!

27 month term not supported

24/10: .00001 MF and 61% residual
36/10: .00015 MF and 54% residual

$4000 incentive

Thanks -- so if my dealer is willing to arrange a 27 month term, does that indicate they are using someone else than Chrysler Capital?

Deal on the MSRP $53,330 car is $568/mo, zero down -- just wondering if it is fair?

Yes, likely a different bank.

$0 down, or $0 out of pocket? They aren't the same thing.

Michaell

donkeyflguy said:

Gentlemen... I am simply trying to get the cheapest/best GC deal in south FL. Either a base laredo or altitude 36/15k (4x2). I am being quoted at zero down $376+tax for laredo and 470+tax for altitude. Am I missing something here? I know the incentives are different across the states and months, but the deals I am seeing on here are making me think I can do a lot better... They showed me $36k -$6k net price between $30k-$31k net price for altitude and then they want 470+tax... It isn't making sense with the numbers here and the calculators online... Thank you in advance.

Lots of egregious junk fees in SFL, which jack up the monthly payment. Ask them for the CAP cost associated with their payment quote, and an accounting of how they got there from the selling price.

Michaell

twigsnberries said:

Same here. I get $4k rebates but I cant get the dealership to budge on price. Only discounting MSRP $513..What a joke. I get the MF above and Res of 53%, but they wont budge. They have 200 between 2 lots here and the 2019s are coming soon. What gives??

All I can think of is .... stupidity.

Shop another dealer; only takes one to meet your price.

Michaell

patricks24 said:

Looking for money factor and residual on 4x4 Altitude 36 month / 12k in NJ. Went to dealer and they provided:
MSRP: $42,030
RV: 54%
MF: .0013 (I think it was a typo and should have been .00013)
Incentives of $4,000

Looks like they didn't provide me with the full picture. I would think total cap cost reduction should be around $8k since end of the month and new models arriving in a few months. I like to try and do 350 per month. Any thoughts on questions I should ask the dealer?

What payment did they quote?

.00013 and 53% for Laredo Altitude for 36/12
$2500 lease incentives

I'd confirm all the numbers from the dealer, as very little seems to be lining up.

With the MSRP you've given, and the numbers I've provided, the adjusted cap cost would have to be around $34,500 or so to get $350/mo

Not too sure you can get there.

edmgc18

Hi, I need some clarification on incentives for a GC Laredo Upland in 07666. I'm getting a lot of different numbers from different dealers. I also have lease conquest.

Some say I only qualify for $4,500 (2,500 lease cash, 1,000 GC Bonus Cash, 1,000 conquest)

But a bunch say I get another $1,000 (not sure what it is) for a total of $5,500. Do you know what this last $1,000 could be? I have the deal sheets for $5,500 in writing, but no breakdown of each incentive.

One dealer even added "CTOV Bonus" of $250 for a total of $5750.

Bottom line, what incentives are out now and why the discrepancies?

chad0159100

MF, Residual and incentives on GC Limited, and Altitude 4x4
72758 (assume I use my zip and not dealer if they're in another state?)
36/10 and 36/12
THANK YOU

qbrozen

patricks24 said:

Looking for money factor and residual on 4x4 Altitude 36 month / 12k in NJ. Went to dealer and they provided: MSRP: $42,030 RV: 54% MF: .0013 (I think it was a typo and should have been .00013) Incentives of $4,000 Looks like they didn't provide me with the full picture. I would think total cap cost reduction should be around $8k since end of the month and new models arriving in a few months. I like to try and do 350 per month. Any thoughts on questions I should ask the dealer?

Check out truecar. They are showing about $5k off sans incentives, which would put you at $9k off total. I come up with $333 with $1328 drive-offs (I allowed for $295 doc fee and $400 dmv).

bne2103

Michaell said:

bne2103 said:

kyfdx said:

bne2103 said:

Could I please get MF and residual for 27/10 lease on GC High Altitude 4x4 (MSRP 53,330) in 02478?

Thanks!

27 month term not supported

24/10: .00001 MF and 61% residual
36/10: .00015 MF and 54% residual

$4000 incentive

Thanks -- so if my dealer is willing to arrange a 27 month term, does that indicate they are using someone else than Chrysler Capital?

Deal on the MSRP $53,330 car is $568/mo, zero down -- just wondering if it is fair?

Yes, likely a different bank.

$0 down, or $0 out of pocket? They aren't the same thing.

He says its both -- just the first month's payment is required to drive off; no fees or other charges and no cap reduction payment required. Good deal?

qbrozen

bne2103 said:

Could I please get MF and residual for 27/10 lease on GC High Altitude 4x4 (MSRP 53,330) in 02478? Thanks!

27 month term not supported 24/10: .00001 MF and 61% residual 36/10: .00015 MF and 54% residual $4000 incentive

Thanks -- so if my dealer is willing to arrange a 27 month term, does that indicate they are using someone else than Chrysler Capital? Deal on the MSRP $53,330 car is $568/mo, zero down -- just wondering if it is fair?

Yes, likely a different bank. $0 down, or $0 out of pocket? They aren't the same thing.

He says its both -- just the first month's payment is required to drive off; no fees or other charges and no cap reduction payment required. Good deal?

$568 includes tax?
unless I'm doing something wrong, seems like a great deal. I'm calculating over $600/mo using the 24-mo numbers and 10% discount before incentives.