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2018 Jeep Grand Cherokee Lease Deals and Prices

1565759616272

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    kyfdxkyfdx Moderator Posts: 237,361

    Could anyone provide details on a 12/36 lease of an Altitude 2ZB in 15243?

    Current offer from dealership is:

    Cap $37,305
    MF .00034
    RV 50%

    Comes to $518/mo ($471+tax)

    MSRP is $42,080.
    .00034 MF and 50% is correct
    $3500 customer incentive

    I get the same payment.

    How much is due at signing?

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    HerbertWestHerbertWest Member Posts: 15
    kyfdx said:

    Could anyone provide details on a 12/36 lease of an Altitude 2ZB in 15243?

    Current offer from dealership is:

    Cap $37,305
    MF .00034
    RV 50%

    Comes to $518/mo ($471+tax)

    MSRP is $42,080.
    .00034 MF and 50% is correct
    $3500 customer incentive

    I get the same payment.

    How much is due at signing?
    First payment of $518 + Plates @ $293 = $811
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    kyfdxkyfdx Moderator Posts: 237,361

    kyfdx said:

    Could anyone provide details on a 12/36 lease of an Altitude 2ZB in 15243?

    Current offer from dealership is:

    Cap $37,305
    MF .00034
    RV 50%

    Comes to $518/mo ($471+tax)

    MSRP is $42,080.
    .00034 MF and 50% is correct
    $3500 customer incentive

    I get the same payment.

    How much is due at signing?
    First payment of $518 + Plates @ $293 = $811
    Given the level of incentives, you might try to get a lower selling price (ergo, a lower CAP cost).
    That's the only place to lower the payment.

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    HerbertWestHerbertWest Member Posts: 15
    kyfdx said:

    kyfdx said:

    Could anyone provide details on a 12/36 lease of an Altitude 2ZB in 15243?

    Current offer from dealership is:

    Cap $37,305
    MF .00034
    RV 50%

    Comes to $518/mo ($471+tax)

    MSRP is $42,080.
    .00034 MF and 50% is correct
    $3500 customer incentive

    I get the same payment.

    How much is due at signing?
    First payment of $518 + Plates @ $293 = $811
    Given the level of incentives, you might try to get a lower selling price (ergo, a lower CAP cost).
    That's the only place to lower the payment.
    Thanks!
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    ScoppensScoppens Member Posts: 1
    Hello, would you be able to provide the following?

    2018 JGC Limited 4x4
    36/15 and 36/12
    48182 Michigan 
    MF\RV\Incentives

    Thanks!
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    MichaellMichaell Moderator Posts: 241,365
    Scoppens said:

    Hello, would you be able to provide the following?

    2018 JGC Limited 4x4
    36/15 and 36/12
    48182 Michigan 
    MF\RV\Incentives

    Thanks!

    .00014 and 58% / 50%
    $5000 lease cash

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    songshansongshan Member Posts: 102
    Hi, can I have the RV, MF, and incentives for TrailHawk, 36/12K, zip code 77584?
    Thanks a lot.
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    kyfdxkyfdx Moderator Posts: 237,361
    songshan said:

    Hi, can I have the RV, MF, and incentives for TrailHawk, 36/12K, zip code 77584?
    Thanks a lot.

    .00027 MF and 51% residual
    $4500 incentive

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    rjsky44rjsky44 Member Posts: 80
    Hi mf and rv for laredo 4x4 and altitude 4x4. 36/12k zip 21045
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    kyfdxkyfdx Moderator Posts: 237,361
    rjsky44 said:

    Hi mf and rv for laredo 4x4 and altitude 4x4. 36/12k zip 21045

    .00034 MF and 50% residual
    $3500 incentive

    Either trim

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    stsherwoodstsherwood Member Posts: 4
    Hi, mf and rv for 2018 altitude 4x4. 36/10k zip 10543
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    kyfdxkyfdx Moderator Posts: 237,361


    .00034 MF and 51% residual
    $4500 incentive

    Hi, mf and rv for 2018 altitude 4x4. 36/10k zip 10543

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    stsherwoodstsherwood Member Posts: 4
    kyfdx said:



    .00034 MF and 51% residual
    $4500 incentive

    Hi, mf and rv for 2018 altitude 4x4. 36/10k zip 10543

    Thanks!
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    SSongSSong Member Posts: 18
    Need help, please. Michael and kyfdx
    Get a quote from dealer. Limited 4x4 36/15 zip: 13152(mine) 14625(dealer’s) both located in NYS.
    MSRP: 44925
    Selling price: 41500
    rebates: 5500
    doc: 75 
    bank fee: waived
    DMV: around 100? (NYS)
    adjusted cap cost: 38122
    Money factor: 0.00014( doesn’t know yet)
    residual: 21564 (48%)
    tax: 8% (NY)

    Dealer quote me $495 monthly with $495 at signing. All the fees and taxes rolled in.
    I don’t know what else I missed to consider.
    It seems high to me. Did I get the right calculations of monthly payment?



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    MichaellMichaell Moderator Posts: 241,365
    SSong said:

    Need help, please. Michael and kyfdx
    Get a quote from dealer. Limited 4x4 36/15 zip: 13152(mine) 14625(dealer’s) both located in NYS.
    MSRP: 44925
    Selling price: 41500
    rebates: 5500
    doc: 75 
    bank fee: waived
    DMV: around 100? (NYS)
    adjusted cap cost: 38122
    Money factor: 0.00014( doesn’t know yet)
    residual: 21564 (48%)
    tax: 8% (NY)

    Dealer quote me $495 monthly with $495 at signing. All the fees and taxes rolled in.
    I don’t know what else I missed to consider.
    It seems high to me. Did I get the right calculations of monthly payment?



    Who doesn't know the MF? The dealer absolutely does, or they wouldn't have been able to quote you a payment.

    If I use your prices, I get $433/mo. My guess is the taxes and fees aren't part of the $38K cap cost you gave me. Get that adjusted number from the dealer.

    Also, they could be using a different bank, in which case we don't have those numbers to calculate.

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    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

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    SSongSSong Member Posts: 18
    Michaell said:

    SSong said:

    Need help, please. Michael and kyfdx
    Get a quote from dealer. Limited 4x4 36/15 zip: 13152(mine) 14625(dealer’s) both located in NYS.
    MSRP: 44925
    Selling price: 41500
    rebates: 5500
    doc: 75 
    bank fee: waived
    DMV: around 100? (NYS)
    adjusted cap cost: 38122
    Money factor: 0.00014( doesn’t know yet)
    residual: 21564 (48%)
    tax: 8% (NY)

    Dealer quote me $495 monthly with $495 at signing. All the fees and taxes rolled in.
    I don’t know what else I missed to consider.
    It seems high to me. Did I get the right calculations of monthly payment?



    Who doesn't know the MF? The dealer absolutely does, or they wouldn't have been able to quote you a payment.

    If I use your prices, I get $433/mo. My guess is the taxes and fees aren't part of the $38K cap cost you gave me. Get that adjusted number from the dealer.

    Also, they could be using a different bank, in which case we don't have those numbers to calculate.
    Its so weird. I got 3 different quotes from 3 dealers. They are all offered similar selling price. But the monthly payment is $510 with no down, $495 with first month , $469 with first month and DMV. What questions and info should I ask for in order to get the accurate monthly payment?
  • Options
    MichaellMichaell Moderator Posts: 241,365
    SSong said:

    Michaell said:

    SSong said:

    Need help, please. Michael and kyfdx
    Get a quote from dealer. Limited 4x4 36/15 zip: 13152(mine) 14625(dealer’s) both located in NYS.
    MSRP: 44925
    Selling price: 41500
    rebates: 5500
    doc: 75 
    bank fee: waived
    DMV: around 100? (NYS)
    adjusted cap cost: 38122
    Money factor: 0.00014( doesn’t know yet)
    residual: 21564 (48%)
    tax: 8% (NY)

    Dealer quote me $495 monthly with $495 at signing. All the fees and taxes rolled in.
    I don’t know what else I missed to consider.
    It seems high to me. Did I get the right calculations of monthly payment?



    Who doesn't know the MF? The dealer absolutely does, or they wouldn't have been able to quote you a payment.

    If I use your prices, I get $433/mo. My guess is the taxes and fees aren't part of the $38K cap cost you gave me. Get that adjusted number from the dealer.

    Also, they could be using a different bank, in which case we don't have those numbers to calculate.
    Its so weird. I got 3 different quotes from 3 dealers. They are all offered similar selling price. But the monthly payment is $510 with no down, $495 with first month , $469 with first month and DMV. What questions and info should I ask for in order to get the accurate monthly payment?
    The CAP cost, MF, and residual.

    Plus, the bank they are using for the quote - either Chrysler Capital, Ally or US Bank.

    Edmunds Price Checker
    Edmunds Lease Calculator
    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

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    qbrozenqbrozen Member Posts: 32,950
    SSong said:
    Need help, please. Michael and kyfdx
    Get a quote from dealer. Limited 4x4 36/15 zip: 13152(mine) 14625(dealer’s) both located in NYS.
    MSRP: 44925
    Selling price: 41500
    rebates: 5500
    doc: 75 
    bank fee: waived
    DMV: around 100? (NYS)
    adjusted cap cost: 38122
    Money factor: 0.00014( doesn’t know yet)
    residual: 21564 (48%)
    tax: 8% (NY)

    Dealer quote me $495 monthly with $495 at signing. All the fees and taxes rolled in.
    I don’t know what else I missed to consider.
    It seems high to me. Did I get the right calculations of monthly payment?



    Who doesn't know the MF? The dealer absolutely does, or they wouldn't have been able to quote you a payment. If I use your prices, I get $433/mo. My guess is the taxes and fees aren't part of the $38K cap cost you gave me. Get that adjusted number from the dealer. Also, they could be using a different bank, in which case we don't have those numbers to calculate.
    Its so weird. I got 3 different quotes from 3 dealers. They are all offered similar selling price. But the monthly payment is $510 with no down, $495 with first month , $469 with first month and DMV. What questions and info should I ask for in order to get the accurate monthly payment?
    Makes sense. Every $500 down equals about $15 on a 3-yr lease. So those 3 quotes are all pretty similar, depending on what DMV costs.

    '11 GMC Sierra 1500; '08 Charger R/T Daytona; '67 Coronet R/T; '13 Fiat 500c; '20 S90 T6; '22 MB Sprinter 2500 4x4 diesel; '97 Suzuki R Wagon; '96 Opel Astra; '08 Maser QP; '11 Mini Cooper S

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    SSongSSong Member Posts: 18
    Michaell said:
    Need help, please. Michael and kyfdx
    Get a quote from dealer. Limited 4x4 36/15 zip: 13152(mine) 14625(dealer’s) both located in NYS.
    MSRP: 44925
    Selling price: 41500
    rebates: 5500
    doc: 75 
    bank fee: waived
    DMV: around 100? (NYS)
    adjusted cap cost: 38122
    Money factor: 0.00014( doesn’t know yet)
    residual: 21564 (48%)
    tax: 8% (NY)

    Dealer quote me $495 monthly with $495 at signing. All the fees and taxes rolled in.
    I don’t know what else I missed to consider.
    It seems high to me. Did I get the right calculations of monthly payment?



    Who doesn't know the MF? The dealer absolutely does, or they wouldn't have been able to quote you a payment. If I use your prices, I get $433/mo. My guess is the taxes and fees aren't part of the $38K cap cost you gave me. Get that adjusted number from the dealer. Also, they could be using a different bank, in which case we don't have those numbers to calculate.
    Its so weird. I got 3 different quotes from 3 dealers. They are all offered similar selling price. But the monthly payment is $510 with no down, $495 with first month , $469 with first month and DMV. What questions and info should I ask for in order to get the accurate monthly payment?
    The CAP cost, MF, and residual. Plus, the bank they are using for the quote - either Chrysler Capital, Ally or US Bank.
    Dealer said they were using Chrysler Capital and MF is 0.00059. I told them I have FICO score of 779. But four years credit history.I am not sure whether it’s an enough score to get into tier 1 to get MF 0.00014. DMV fees around 256. Adj cap cost 38122.

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    SSongSSong Member Posts: 18
    qbrozen said:
    SSong said:
    Need help, please. Michael and kyfdx
    Get a quote from dealer. Limited 4x4 36/15 zip: 13152(mine) 14625(dealer’s) both located in NYS.
    MSRP: 44925
    Selling price: 41500
    rebates: 5500
    doc: 75 
    bank fee: waived
    DMV: around 100? (NYS)
    adjusted cap cost: 38122
    Money factor: 0.00014( doesn’t know yet)
    residual: 21564 (48%)
    tax: 8% (NY)

    Dealer quote me $495 monthly with $495 at signing. All the fees and taxes rolled in.
    I don’t know what else I missed to consider.
    It seems high to me. Did I get the right calculations of monthly payment?



    Who doesn't know the MF? The dealer absolutely does, or they wouldn't have been able to quote you a payment. If I use your prices, I get $433/mo. My guess is the taxes and fees aren't part of the $38K cap cost you gave me. Get that adjusted number from the dealer. Also, they could be using a different bank, in which case we don't have those numbers to calculate.
    Its so weird. I got 3 different quotes from 3 dealers. They are all offered similar selling price. But the monthly payment is $510 with no down, $495 with first month , $469 with first month and DMV. What questions and info should I ask for in order to get the accurate monthly payment?
    Makes sense. Every $500 down equals about $15 on a 3-yr lease. So those 3 quotes are all pretty similar, depending on what DMV costs.
    DMV costs around 256
  • Options
    kyfdxkyfdx Moderator Posts: 237,361
    SSong said:


    qbrozen said:


    SSong said:

    Michaell said:

    SSong said:

    Need help, please. Michael and kyfdx
    Get a quote from dealer. Limited 4x4 36/15 zip: 13152(mine) 14625(dealer’s) both located in NYS.
    MSRP: 44925
    Selling price: 41500
    rebates: 5500
    doc: 75 
    bank fee: waived
    DMV: around 100? (NYS)
    adjusted cap cost: 38122
    Money factor: 0.00014( doesn’t know yet)
    residual: 21564 (48%)
    tax: 8% (NY)

    Dealer quote me $495 monthly with $495 at signing. All the fees and taxes rolled in.
    I don’t know what else I missed to consider.
    It seems high to me. Did I get the right calculations of monthly payment?



    Who doesn't know the MF? The dealer absolutely does, or they wouldn't have been able to quote you a payment.

    If I use your prices, I get $433/mo. My guess is the taxes and fees aren't part of the $38K cap cost you gave me. Get that adjusted number from the dealer.

    Also, they could be using a different bank, in which case we don't have those numbers to calculate.
    Its so weird. I got 3 different quotes from 3 dealers. They are all offered similar selling price. But the monthly payment is $510 with no down, $495 with first month , $469 with first month and DMV. What questions and info should I ask for in order to get the accurate monthly payment?

    Makes sense. Every $500 down equals about $15 on a 3-yr lease. So those 3 quotes are all pretty similar, depending on what DMV costs.

    DMV costs around 256

    Base MF is .00014. Your credit score certainly qualifies you for Tier 1
    Chrysler Capital allows dealers to markup the rate by .00042 (ergo, .00056 MF).

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    SSongSSong Member Posts: 18
    kyfdx said:
    qbrozen said:
    SSong said:
    Need help, please. Michael and kyfdx
    Get a quote from dealer. Limited 4x4 36/15 zip: 13152(mine) 14625(dealer’s) both located in NYS.
    MSRP: 44925
    Selling price: 41500
    rebates: 5500
    doc: 75 
    bank fee: waived
    DMV: around 100? (NYS)
    adjusted cap cost: 38122
    Money factor: 0.00014( doesn’t know yet)
    residual: 21564 (48%)
    tax: 8% (NY)

    Dealer quote me $495 monthly with $495 at signing. All the fees and taxes rolled in.
    I don’t know what else I missed to consider.
    It seems high to me. Did I get the right calculations of monthly payment?



    Who doesn't know the MF? The dealer absolutely does, or they wouldn't have been able to quote you a payment. If I use your prices, I get $433/mo. My guess is the taxes and fees aren't part of the $38K cap cost you gave me. Get that adjusted number from the dealer. Also, they could be using a different bank, in which case we don't have those numbers to calculate.
    Its so weird. I got 3 different quotes from 3 dealers. They are all offered similar selling price. But the monthly payment is $510 with no down, $495 with first month , $469 with first month and DMV. What questions and info should I ask for in order to get the accurate monthly payment?
    Makes sense. Every $500 down equals about $15 on a 3-yr lease. So those 3 quotes are all pretty similar, depending on what DMV costs.
    DMV costs around 256
    Base MF is .00014. Your credit score certainly qualifies you for Tier 1 Chrysler Capital allows dealers to markup the rate by .00042 (ergo, .00056 MF). I 
    Is it possible to negotiate MF down with dealer? 
    If I do no money down, do I need to pay the tax for 5500 rebates ? 
  • Options
    MichaellMichaell Moderator Posts: 241,365
    SSong said:


    kyfdx said:

    SSong said:


    qbrozen said:


    SSong said:

    Michaell said:

    SSong said:

    Need help, please. Michael and kyfdx
    Get a quote from dealer. Limited 4x4 36/15 zip: 13152(mine) 14625(dealer’s) both located in NYS.
    MSRP: 44925
    Selling price: 41500
    rebates: 5500
    doc: 75 
    bank fee: waived
    DMV: around 100? (NYS)
    adjusted cap cost: 38122
    Money factor: 0.00014( doesn’t know yet)
    residual: 21564 (48%)
    tax: 8% (NY)

    Dealer quote me $495 monthly with $495 at signing. All the fees and taxes rolled in.
    I don’t know what else I missed to consider.
    It seems high to me. Did I get the right calculations of monthly payment?



    Who doesn't know the MF? The dealer absolutely does, or they wouldn't have been able to quote you a payment.

    If I use your prices, I get $433/mo. My guess is the taxes and fees aren't part of the $38K cap cost you gave me. Get that adjusted number from the dealer.

    Also, they could be using a different bank, in which case we don't have those numbers to calculate.
    Its so weird. I got 3 different quotes from 3 dealers. They are all offered similar selling price. But the monthly payment is $510 with no down, $495 with first month , $469 with first month and DMV. What questions and info should I ask for in order to get the accurate monthly payment?

    Makes sense. Every $500 down equals about $15 on a 3-yr lease. So those 3 quotes are all pretty similar, depending on what DMV costs.

    DMV costs around 256
    Base MF is .00014. Your credit score certainly qualifies you for Tier 1
    Chrysler Capital allows dealers to markup the rate by .00042 (ergo, .00056 MF). I 

    Is it possible to negotiate MF down with dealer? 
    If I do no money down, do I need to pay the tax for 5500 rebates ? 
    SSong said:


    kyfdx said:

    SSong said:


    qbrozen said:


    SSong said:

    Michaell said:

    SSong said:

    Need help, please. Michael and kyfdx
    Get a quote from dealer. Limited 4x4 36/15 zip: 13152(mine) 14625(dealer’s) both located in NYS.
    MSRP: 44925
    Selling price: 41500
    rebates: 5500
    doc: 75 
    bank fee: waived
    DMV: around 100? (NYS)
    adjusted cap cost: 38122
    Money factor: 0.00014( doesn’t know yet)
    residual: 21564 (48%)
    tax: 8% (NY)

    Dealer quote me $495 monthly with $495 at signing. All the fees and taxes rolled in.
    I don’t know what else I missed to consider.
    It seems high to me. Did I get the right calculations of monthly payment?



    Who doesn't know the MF? The dealer absolutely does, or they wouldn't have been able to quote you a payment.

    If I use your prices, I get $433/mo. My guess is the taxes and fees aren't part of the $38K cap cost you gave me. Get that adjusted number from the dealer.

    Also, they could be using a different bank, in which case we don't have those numbers to calculate.
    Its so weird. I got 3 different quotes from 3 dealers. They are all offered similar selling price. But the monthly payment is $510 with no down, $495 with first month , $469 with first month and DMV. What questions and info should I ask for in order to get the accurate monthly payment?

    Makes sense. Every $500 down equals about $15 on a 3-yr lease. So those 3 quotes are all pretty similar, depending on what DMV costs.

    DMV costs around 256
    Base MF is .00014. Your credit score certainly qualifies you for Tier 1
    Chrysler Capital allows dealers to markup the rate by .00042 (ergo, .00056 MF). I 

    Is it possible to negotiate MF down with dealer? 
    If I do no money down, do I need to pay the tax for 5500 rebates ? 

    Yes - simply tell them you want the base MF or you'll find another dealer.

    Yes, you will owe taxes on the incentives - you can add that to the monthly payment, too, if you want.

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    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


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    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

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    newportcarguynewportcarguy Member Posts: 8
    Hello. I need some help please.

    2018 grand Cherokee 4x2 high altitude 3.0 diesel

    So cal (90807)

    36 months 10k per

    Residual value+ money factor.


    Thank you.

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    kyfdxkyfdx Moderator Posts: 237,361

    Hello. I need some help please.

    2018 grand Cherokee 4x2 high altitude 3.0 diesel

    So cal (90807)

    36 months 10k per

    Residual value+ money factor.


    Thank you.

    .00026 MF and 50% residual
    $5500 incentive

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    HarridanHarridan Member Posts: 4
    edited October 2018
    Good evening!  

    Can I get MF, residual, and incentives for 2018 GC Limited AWD:

    36/7.5k
    36/10

    Zip code is 11746

    Thanks!
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    kyfdxkyfdx Moderator Posts: 237,361
    Harridan said:

    Good evening!  

    Can I get MF, residual, and incentives for 2018 GC Limited AWD:

    36/7.5k
    36/10

    Zip code is 11746

    Thanks!

    36/10
    .00014 MF and 51% residual
    $5500 incentive

    7.5K/yr not offered

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    thehankthehank Member Posts: 99
    Good evening!

    Can I get MF, residual, and incentives for 2018 & 2019 ?
    GC Limited AWD:

    36/10
    36/12

    Zip code is 63143

    Thanks!
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    kyfdxkyfdx Moderator Posts: 237,361
    thehank said:

    Good evening!

    Can I get MF, residual, and incentives for 2018 & 2019 ?
    GC Limited AWD:

    36/10
    36/12

    Zip code is 63143

    Thanks!

    2018
    36/12
    .00014 MF and 50% residual
    $5000 incentive

    2019 model discussion is here:
    https://forums.edmunds.com/discussion/52705/jeep/grand-cherokee/2019-jeep-grand-cherokee-lease-deals-and-prices#latest

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    SSongSSong Member Posts: 18
    Michaell said:
    kyfdx said:
    qbrozen said:
    SSong said:
    Need help, please. Michael and kyfdx
    Get a quote from dealer. Limited 4x4 36/15 zip: 13152(mine) 14625(dealer’s) both located in NYS.
    MSRP: 44925
    Selling price: 41500
    rebates: 5500
    doc: 75 
    bank fee: waived
    DMV: around 100? (NYS)
    adjusted cap cost: 38122
    Money factor: 0.00014( doesn’t know yet)
    residual: 21564 (48%)
    tax: 8% (NY)

    Dealer quote me $495 monthly with $495 at signing. All the fees and taxes rolled in.
    I don’t know what else I missed to consider.
    It seems high to me. Did I get the right calculations of monthly payment?



    Who doesn't know the MF? The dealer absolutely does, or they wouldn't have been able to quote you a payment. If I use your prices, I get $433/mo. My guess is the taxes and fees aren't part of the $38K cap cost you gave me. Get that adjusted number from the dealer. Also, they could be using a different bank, in which case we don't have those numbers to calculate.
    Its so weird. I got 3 different quotes from 3 dealers. They are all offered similar selling price. But the monthly payment is $510 with no down, $495 with first month , $469 with first month and DMV. What questions and info should I ask for in order to get the accurate monthly payment?
    Makes sense. Every $500 down equals about $15 on a 3-yr lease. So those 3 quotes are all pretty similar, depending on what DMV costs.
    DMV costs around 256
    Base MF is .00014. Your credit score certainly qualifies you for Tier 1 Chrysler Capital allows dealers to markup the rate by .00042 (ergo, .00056 MF). I 
    Is it possible to negotiate MF down with dealer? 
    If I do no money down, do I need to pay the tax for 5500 rebates ? 
    kyfdx said:
    qbrozen said:
    SSong said:
    Need help, please. Michael and kyfdx
    Get a quote from dealer. Limited 4x4 36/15 zip: 13152(mine) 14625(dealer’s) both located in NYS.
    MSRP: 44925
    Selling price: 41500
    rebates: 5500
    doc: 75 
    bank fee: waived
    DMV: around 100? (NYS)
    adjusted cap cost: 38122
    Money factor: 0.00014( doesn’t know yet)
    residual: 21564 (48%)
    tax: 8% (NY)

    Dealer quote me $495 monthly with $495 at signing. All the fees and taxes rolled in.
    I don’t know what else I missed to consider.
    It seems high to me. Did I get the right calculations of monthly payment?



    Who doesn't know the MF? The dealer absolutely does, or they wouldn't have been able to quote you a payment. If I use your prices, I get $433/mo. My guess is the taxes and fees aren't part of the $38K cap cost you gave me. Get that adjusted number from the dealer. Also, they could be using a different bank, in which case we don't have those numbers to calculate.
    Its so weird. I got 3 different quotes from 3 dealers. They are all offered similar selling price. But the monthly payment is $510 with no down, $495 with first month , $469 with first month and DMV. What questions and info should I ask for in order to get the accurate monthly payment?
    Makes sense. Every $500 down equals about $15 on a 3-yr lease. So those 3 quotes are all pretty similar, depending on what DMV costs.
    DMV costs around 256
    Base MF is .00014. Your credit score certainly qualifies you for Tier 1 Chrysler Capital allows dealers to markup the rate by .00042 (ergo, .00056 MF). I 
    Is it possible to negotiate MF down with dealer? 
    If I do no money down, do I need to pay the tax for 5500 rebates ? 
    Yes - simply tell them you want the base MF or you'll find another dealer. Yes, you will owe taxes on the incentives - you can add that to the monthly payment, too, if you want.
    Please help. Will close the deal tomorrow. Is all the numbers correct?                                                                 
    What’s the cash offset? total profit? It’s just really confusing. I told them I will put only first payment and DMV upfront, but it seems like the rebates goes into cap reduction and make it 6000+ due at signing. Is it possible to reduce the DAS or the rebates must calculated as cap reduction?


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    kyfdxkyfdx Moderator Posts: 237,361
    @SSong

    It looks to me like they are asking for $ZERO out of pocket from you at signing.

    Normally, you'd have $460.77 1st payment + $440 CAP reduction tax due at signing. But, the cash offset is because they are collecting ZERO from you. That's why that amount is added to the CAP cost in the left hand column.

    The $6400.77 due at signing =
    $5500 rebate
    +$900.77 cash offset (the amount normally due upfront that they are not collecting from you)

    The calculations are exact.
    Looks like the acquisition fee is waived.
    The profit is irrelevant to you. That's an internal measurement for the dealer.

    The only thing I don't see is the NY $75 doc fee and DMV fees. It's possible that they'll collect these at lease signing (about $300 total). You'll have to ask about that.

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    SSongSSong Member Posts: 18
    kyfdx said:
    @SSong It looks to me like they are asking for $ZERO out of pocket from you at signing. Normally, you'd have $460.77 1st payment + $440 CAP reduction tax due at signing. But, the cash offset is because they are collecting ZERO from you. That's why that amount is added to the CAP cost in the left hand column. The $6400.77 due at signing = $5500 rebate +$900.77 cash offset (the amount normally due upfront that they are not collecting from you) The calculations are exact. Looks like the acquisition fee is waived. The profit is irrelevant to you. That's an internal measurement for the dealer. The only thing I don't see is the NY $75 doc fee and DMV fees. It's possible that they'll collect these at lease signing (about $300 total). You'll have to ask about that.
    Thank you for answering. People recommend only first month due at signing. Is that mean the rebates is not included in due at signing? If I lost the car or totaled, what amount I will lost?
    Is the deal looks OK? First time leasing. Sorry for asking so many questions. Lol. I just want to make sure everything understandable.
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    dch01dch01 Member Posts: 4
    Can I please get the MF, residual, and incentives for 2018 Overland 4x4. 36/10. 68116. thanks!
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    kyfdxkyfdx Moderator Posts: 237,361
    SSong said:


    kyfdx said:

    @SSong

    It looks to me like they are asking for $ZERO out of pocket from you at signing.

    Normally, you'd have $460.77 1st payment + $440 CAP reduction tax due at signing. But, the cash offset is because they are collecting ZERO from you. That's why that amount is added to the CAP cost in the left hand column.

    The $6400.77 due at signing =
    $5500 rebate
    +$900.77 cash offset (the amount normally due upfront that they are not collecting from you)

    The calculations are exact.
    Looks like the acquisition fee is waived.
    The profit is irrelevant to you. That's an internal measurement for the dealer.

    The only thing I don't see is the NY $75 doc fee and DMV fees. It's possible that they'll collect these at lease signing (about $300 total). You'll have to ask about that.

    Thank you for answering. People recommend only first month due at signing. Is that mean the rebates is not included in due at signing? If I lost the car or totaled, what amount I will lost?
    Is the deal looks OK? First time leasing. Sorry for asking so many questions. Lol. I just want to make sure everything understandable.

    The rebates are used to pay taxes and reduce the CAP cost. You can't use them for anything else. You can't lose anything, if it's ZERO due at signing.

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    kyfdxkyfdx Moderator Posts: 237,361
    dch01 said:

    Can I please get the MF, residual, and incentives for 2018 Overland 4x4. 36/10. 68116. thanks!

    .00001 MF and 51% residual
    $4500 incentive

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    Ebarnes123Ebarnes123 Member Posts: 14
    Hi there. Can I get MF, residual, and rebates for 2018 GC Altitude in zip code 08078. 36 months 12,000 miles. AWD. Thanks!
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    mudduck09mudduck09 Member Posts: 1
    In process of negotiating a lease for a 2018 Jeep Grand Cherokee Overland 4x4. Looking for the current October 2018 Residual and Money Factor rates for zip code 10541 (NY). Leasing for 36 months and weighing a 12k and 15k lease. not sure if the RV or MF rate changes based on mileage option. Any help would be appreciated.
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    MichaellMichaell Moderator Posts: 241,365

    Hi there. Can I get MF, residual, and rebates for 2018 GC Altitude in zip code 08078. 36 months 12,000 miles. AWD. Thanks!

    .00034 and 50%
    $3500 incentives

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    MichaellMichaell Moderator Posts: 241,365
    mudduck09 said:

    In process of negotiating a lease for a 2018 Jeep Grand Cherokee Overland 4x4. Looking for the current October 2018 Residual and Money Factor rates for zip code 10541 (NY). Leasing for 36 months and weighing a 12k and 15k lease. not sure if the RV or MF rate changes based on mileage option. Any help would be appreciated.

    .00001 and 50% / 48%
    $4500 incentives

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    dolphingreydolphingrey Member Posts: 58
    edited October 2018
    Can I get 36/15 numbers V6 Gas and Diesel for:
    Altitude 4x4
    High Altitude 4x4
    zip: 94549
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    MichaellMichaell Moderator Posts: 241,365

    Can I get 36/15 number for:
    Altitude 4x4
    High Altitude 4x4
    zip: 94549

    HA - .00001 and 48%; $4500 incentive
    ALT - .00034 and 48%; $5000 incentive

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    NTVNTV Member Posts: 2
    Hi, can I get the residual and money factor for 2018 Grand Cherokee Upland 4x4.
    ZIP is 49508.
    Thanks!
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    kyfdxkyfdx Moderator Posts: 237,361
    NTV said:

    Hi, can I get the residual and money factor for 2018 Grand Cherokee Upland 4x4.
    ZIP is 49508.
    Thanks!

    36/15
    .00001 MF and 48% residual
    $5500 incentive

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    mitchryanmitchryan Member Posts: 15
    I'm a long-time Edmunds forums reader. You all are the best. Thanks for the help leveling the playing field for us...

    When you have a chance, please provide the residual, MF (top tier credit), and incentives for:

    - 2018 Grand Cherokee High Altitude 4 x 2
    - 2018 Grand Cherokee High Altitude 4 x 4
    - 12k miles/year and 15k miles/year
    - 36 months

    Zip is 33487 - South Florida. (Will pose basically the same questions for the 2019 models in that specific forum.)

    Also, does Jeep do MSD?

    Thanks again,

    Mitch
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    kyfdxkyfdx Moderator Posts: 237,361
    mitchryan said:

    I'm a long-time Edmunds forums reader. You all are the best. Thanks for the help leveling the playing field for us...

    When you have a chance, please provide the residual, MF (top tier credit), and incentives for:

    - 2018 Grand Cherokee High Altitude 4 x 2
    - 2018 Grand Cherokee High Altitude 4 x 4
    - 12k miles/year and 15k miles/year
    - 36 months

    Zip is 33487 - South Florida. (Will pose basically the same questions for the 2019 models in that specific forum.)

    Also, does Jeep do MSD?

    Thanks again,

    Mitch

    36/15
    2WD: .00026 MF and 47% residual
    4WD: .00001 MF and 48% residual

    $4500 incentive on either

    No MSD program, as far as we know

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    jmon3y82jmon3y82 Member Posts: 2
    Looking to purchase a 2018 High Altitude 4x2..
    Being told $560 a month. 12k miles and 36 month. Zero down. In Texas, 76542

    Any help

    Never leased before so this is all new.
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    qbrozenqbrozen Member Posts: 32,950
    jmon3y82 said:
    Looking to purchase a 2018 High Altitude 4x2.. Being told $560 a month. 12k miles and 36 month. Zero down. In Texas, 76542 Any help Never leased before so this is all new.
    $0 down or $0 due at signing? In other words, are all taxes and fees rolled into the payment? What is the MSRP?

    '11 GMC Sierra 1500; '08 Charger R/T Daytona; '67 Coronet R/T; '13 Fiat 500c; '20 S90 T6; '22 MB Sprinter 2500 4x4 diesel; '97 Suzuki R Wagon; '96 Opel Astra; '08 Maser QP; '11 Mini Cooper S

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    kyfdxkyfdx Moderator Posts: 237,361
    jmon3y82 said:

    Looking to purchase a 2018 High Altitude 4x2..
    Being told $560 a month. 12k miles and 36 month. Zero down. In Texas, 76542

    Any help

    Never leased before so this is all new.

    .00026 MF and 49% residual
    $4500 incentive

    What is the amount due at signing?
    Do you have the selling price or adjusted CAP cost?
    What is the MSRP?

    Leasing in TX is expensive. They charge full sales tax, even on a lease. So, the tax alone is going to be $70+/mo.

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    jmon3y82jmon3y82 Member Posts: 2
    I have no idea what MF or residual means. 😂
    Amount due at signing is $560.
    Sticker price is 51k
    Selling price is 43k
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    kyfdxkyfdx Moderator Posts: 237,361
    jmon3y82 said:

    I have no idea what MF or residual means. 😂
    Amount due at signing is $560.
    Sticker price is 51k
    Selling price is 43k

    That seems like a reasonable deal, given TX lease tax.

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