2018 Jeep Grand Cherokee Lease Deals and Prices

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  • miboundmibound Member Posts: 14
    Looking for Rv and MF on GC Limited & Altitude 4x4
    27/15 and 39/15 
    Metro Detroit 

    Thanks in advance 
  • MichaellMichaell Moderator Posts: 264,434

    Hello, thank you in advance for the great info! I'm looking to lease a 2018 Grand Cherokee preferably with heated seats and auto start. Am I way off base to start negotiations at $345 per month for 36 months with 12 k miles per year? I'm willing to put down somewhere around $1500. I would be bringing a 2015 Cherokee lease back 7 months early. The payments on that vehicle are $239 per month. I wasn't happy with the first dealer I went to so I started emailing other but haven't gotten much of a response. Thanks again 

    You don't want to negotiate the payment, but rather the selling price, then make sure you understand all the taxes and fees that may be added in.

    Why are you returning your existing lease early? Those payments have to go somewhere, and usually that means into your new deal.

    Use the articles at this link to help educate yourself about leasing:

    https://www.edmunds.com/car-leasing/

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  • MichaellMichaell Moderator Posts: 264,434
    mibound said:

    Looking for Rv and MF on GC Limited & Altitude 4x4
    27/15 and 39/15 
    Metro Detroit 

    Thanks in advance 

    ALT
    .00037 and 63%
    .00019 and 52%

    LTD
    .00018 and 61%
    .00008 and 51%

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  • leasinginlaleasinginla Member Posts: 1
    edited November 2017
    Hello! Looking for advice! My friend referred me to a broker and he came back with a deal for a 2018 JGC limiter in Southern California w/ luxury + tow + blind spot for $45170 total price (after destination fee). The deal is $4k down, $490/month, 36/10. What’s best way for me to research if this is a good deal? Thanks ahead of time!
  • ccarz90ccarz90 Member Posts: 8

    Hello! Looking for advice! My friend referred me to a broker and he came back with a deal for a 2018 JGC limiter in Southern California w/ luxury + tow + blind spot for $45170 total price (after destination fee). The deal is $4k down, $490/month, 36/10. What’s best way for me to research if this is a good deal? Thanks ahead of time!

    Just looking at what other people on this forum are getting for similar leases, it doesn't seem like a good deal. I could be wrong though because I don't know your area and I'm not a lease pro. It seems like the $4,000 down is just buying down the sales price. Hopefully, someone with more experience will be able to chime in and help you out.
  • kyfdxkyfdx Moderator Posts: 267,637

    Hello! Looking for advice! My friend referred me to a broker and he came back with a deal for a 2018 JGC limiter in Southern California w/ luxury + tow + blind spot for $45170 total price (after destination fee). The deal is $4k down, $490/month, 36/10. What’s best way for me to research if this is a good deal? Thanks ahead of time!

    I'd go directly to a dealer and see what they offer.

    The whole point of using a broker is you aren't able, or don't want to do the work, yourself.
    If you are, why pay a broker?

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  • jflorianjflorian Member Posts: 32
    Can I get the mf and rv on grand Cherokee srt 4x4 24 month and 36 mont 10k and 7500 miles thank you 
  • ned_diggerned_digger Member Posts: 9
    I just closed this lease deal.

    2018 Jeep Grand Cherokee Limited 4x4

    MSRP: $47,560
    Selling price $41,000 ($4,310 discount + $2,250 rebate)
    Cash Down Payment $1,800
    Adjusted Capital Cost $39,200

    39 month / 12K per year

    $363.68 per month + $25.46/month sales tax (7% Indiana) = $389.14 / month.

    Fair?



  • MichaellMichaell Moderator Posts: 264,434
    jflorian said:

    Can I get the mf and rv on grand Cherokee srt 4x4 24 month and 36 mont 10k and 7500 miles thank you 

    There is no 7500 mileage allowance from Chrysler.

    And, 27 and 39 months are the featured terms, this month.

    27/10 - .00088 and 61%
    39/10 - .00102 and 54%

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  • MichaellMichaell Moderator Posts: 264,434

    I just closed this lease deal.

    2018 Jeep Grand Cherokee Limited 4x4

    MSRP: $47,560
    Selling price $41,000 ($4,310 discount + $2,250 rebate)
    Cash Down Payment $1,800
    Adjusted Capital Cost $39,200

    39 month / 12K per year

    $363.68 per month + $25.46/month sales tax (7% Indiana) = $389.14 / month.

    Fair?

    More than fair.

    Congrats, and enjoy!

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  • newcarsoonlanewcarsoonla Member Posts: 2
    Looking for RV and MF on GC Limited
    36/10 and 39/10
    Los Angeles, California Area

    Thanks in advance!
  • newcarsoonlanewcarsoonla Member Posts: 2
    I'm new to this, so forgive me if I'm asking newbie questions :)

    I went to dealer and got a lease on a $46,360 with $0 drive off at 39/10 for $550. Does this sound high?

    In Los Angeles, CA
  • albert72albert72 Member Posts: 203
    Michaell said:

    mibound said:

    Looking for Rv and MF on GC Limited & Altitude 4x4
    27/15 and 39/15 
    Metro Detroit 

    Thanks in advance 

    ALT
    .00037 and 63%
    .00019 and 52%

    LTD
    .00018 and 61%
    .00008 and 51%

    Michael, are the #s above for the LTD for 2018? Can you give me 2018 LTD 3 yr 7,500 and 3 yr 10,000

    Thank you
  • mtex429mtex429 Member Posts: 24
    Looking for RV and MF on 2017 Jeep Cherokee limited and altitude 10k miles and 36 month lease. New Jersey
    Also on 2018 too. Thanks.
  • kyfdxkyfdx Moderator Posts: 267,637

    Looking for RV and MF on GC Limited
    36/10 and 39/10
    Los Angeles, California Area

    Thanks in advance!

    4X4?

    .00008 MF and 56%/54% residual

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  • kyfdxkyfdx Moderator Posts: 267,637

    I'm new to this, so forgive me if I'm asking newbie questions :)

    I went to dealer and got a lease on a $46,360 with $0 drive off at 39/10 for $550. Does this sound high?

    In Los Angeles, CA

    What is the sale price?
    Adjusted CAP cost?
    Tax rate?

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  • kyfdxkyfdx Moderator Posts: 267,637
    albert72 said:

    Michaell said:

    mibound said:

    Looking for Rv and MF on GC Limited & Altitude 4x4
    27/15 and 39/15 
    Metro Detroit 

    Thanks in advance 

    ALT
    .00037 and 63%
    .00019 and 52%

    LTD
    .00018 and 61%
    .00008 and 51%

    Michael, are the #s above for the LTD for 2018? Can you give me 2018 LTD 3 yr 7,500 and 3 yr 10,000

    Thank you
    .00008 MF and 56% residual for 36/10
    Chrysler does not offer 7.5K/yr

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  • kyfdxkyfdx Moderator Posts: 267,637
    mtex429 said:

    Looking for RV and MF on 2017 Jeep Cherokee limited and altitude 10k miles and 36 month lease. New Jersey
    Also on 2018 too. Thanks.

    2017 Cherokee discussion is here:
    https://forums.edmunds.com/discussion/43044/jeep/cherokee/2017-jeep-cherokee-lease-deals-and-prices#latest

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  • mtex429mtex429 Member Posts: 24
    How about 2018?
  • MichaellMichaell Moderator Posts: 264,434

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  • divisionbell77divisionbell77 Member Posts: 11
    When are the December incentives known?
  • kyfdxkyfdx Moderator Posts: 267,637

    When are the December incentives known?

    November numbers run through Monday for Chrysler Capital.
    New program starts Tuesday.
    We usually get the new programs within a couple of days.

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  • lunch62lunch62 Member Posts: 32
    What trim(s) seems to usually have the best lease numbers(MF/RV) and what percentage should I target to come off of MSRP? Thank you!
  • kyfdxkyfdx Moderator Posts: 267,637
    lunch62 said:

    What trim(s) seems to usually have the best lease numbers(MF/RV) and what percentage should I target to come off of MSRP? Thank you!

    Can't help you with pricing.

    Right now, the Laredo, Altitude, Limited have the best terms.

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  • trailhawker91trailhawker91 Member Posts: 10
    kyfdx said:
    When are the December incentives known?
    November numbers run through Monday for Chrysler Capital. New program starts Tuesday. We usually get the new programs within a couple of days.

    Hoping they are slightly better than November’s, I Have a 2018 Trailhawk order coming in between dec 12-17. 
  • mlevinemlevine Member Posts: 591
    Hi, guys
    Please let me know the residual and money factor for a summit 4X4 for 24, 27, 30, and 36 months at 12K a year. Thanks.
  • kyfdxkyfdx Moderator Posts: 267,637
    mlevine said:

    Hi, guys
    Please let me know the residual and money factor for a summit 4X4 for 24, 27, 30, and 36 months at 12K a year. Thanks.

    27/12: .00027 MF and 57% residual
    36/12: .00036 MF and 51% residual
    39/12: .00036 MF and 50% residual

    Other terms are either bad, or unavailable to us.

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  • jmd4444jmd4444 Member Posts: 17
    residual value and MF for 2018 GC SRT8 15,000 miles and 36 months in appleton, wi area. WHat is jeep sweet spot for months 36 or 39?
  • kyfdxkyfdx Moderator Posts: 267,637
    jmd4444 said:

    residual value and MF for 2018 GC SRT8 15,000 miles and 36 months in appleton, wi area. WHat is jeep sweet spot for months 36 or 39?

    .00102 MF and 51% residual for either 36 or 39 months.

    That makes 39 months the best term.

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  • killroy2kkillroy2k Member Posts: 3
    Looking for December Rv and MF on GC Overland High Altitude 4x4
    36/15 and 39/15
    Metro NYC Area

    Thank you in advance
  • MichaellMichaell Moderator Posts: 264,434
    killroy2k said:

    Looking for December Rv and MF on GC Overland High Altitude 4x4
    36/15 and 39/15
    Metro NYC Area

    Thank you in advance

    There is an Overland trim level, and a High Altitude ....

    .00003 and 51% / 50% for both

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  • jim2527jim2527 Member Posts: 11
    Last month, IIRC, Limiteds, Laredos and Alltitudes had the best terms at 27 or 39 months.

    Which trim level is leasing best for December and at how many months?

    Thanks...Jim
  • kyfdxkyfdx Moderator Posts: 267,637
    jim2527 said:

    Last month, IIRC, Limiteds, Laredos and Alltitudes had the best terms at 27 or 39 months.

    Which trim level is leasing best for December and at how many months?

    Thanks...Jim

    Still the same, this month

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  • divisionbell77divisionbell77 Member Posts: 11
    Any news on December incentives?

    What are the terms for the 27 and 39 months on a 4x4 JGC Limited or Trailhawk at 10K miles that are being mentioned as the best terms?
  • ericmo88ericmo88 Member Posts: 5
    edited December 2017
    Looking for approximate MF, RV, and expected payment on 2018 GC Laredo E 4x4 v6 and 2018 GC Altitude 4x4 v6 with 39/15 in Missouri. MSRP for the Laredo and Altitude are approx 37,500 and 40,100, and the dealer is quoting me approx 33,500 and 35,900 with incentives, rebates, and discounts (not including taxes and fees). I'd like to put 0 down.

    Very thankful for any help.
  • kyfdxkyfdx Moderator Posts: 267,637

    Any news on December incentives?

    What are the terms for the 27 and 39 months on a 4x4 JGC Limited or Trailhawk at 10K miles that are being mentioned as the best terms?

    New programs start tomorrow.

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  • kyfdxkyfdx Moderator Posts: 267,637
    ericmo88 said:

    Looking for approximate MF, RV, and expected payment on 2018 GC Laredo E 4x4 v6 and 2018 GC Altitude 4x4 v6 with 39/15 in Missouri. MSRP for the Laredo and Altitude are approx 37,500 and 40,100, and the dealer is quoting me approx 33,500 and 35,900 with incentives, rebates, and discounts (not including taxes and fees). I'd like to put 0 down.

    Very thankful for any help.

    .00019 MF and 52% residual for either model.
    $369/mo or $396/mo, not including fees or taxes (using the sale price as the CAP cost)

    That's assuming those prices are valid for a lease, of course.

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  • antnyv17antnyv17 Member Posts: 12
    current 2018 Grand Cherokee residual and MF for limited 4x4 and overland 4X4 philadelphia pa
  • kyfdxkyfdx Moderator Posts: 267,637
    antnyv17 said:

    current 2018 Grand Cherokee residual and MF for limited 4x4 and overland 4X4 philadelphia pa

    39/15
    Limited: .00008 MF and 51% residual
    Overland: .00003 MF and 50% residual

    Today is last day.. new programs tomorrow

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  • cqcq001cqcq001 Member Posts: 14
    Hi what is the MF and RV for Jeep GC Limited?
    Interested to know 24mo/10k, 36mo/10k and 39mo/10k.

    Also, do you have any information regarding the new program yet?
    Thank you!
  • trailhawker91trailhawker91 Member Posts: 10
    Hi, can I have the RV and MF for the Trailhawk for 36/12 and 39/12 for December with the new program? Thank you!
  • antnyv17antnyv17 Member Posts: 12
    current 2018 Grand Cherokee residual and MF for limited 4x4 and overland 4X4 philadelphia pa for new programs starting today. 12/5/17
  • killroy2kkillroy2k Member Posts: 3
    Do you have any updates on the December Programs/Incentives yet? Thanks in advance.
  • albert72albert72 Member Posts: 203
    I was hoping to get new MF & RV on a 2018 LTD 4x4 36mo 10K.

    Can I get same info as above except for Sterling Edition 4x4? The way I want the LTD configured may be hard to find and the Sterling Edition seems to be on dealer lots in a way I would purchase.

    Also, any new incentives (Lease or Buy)? Black Friday programs gone now.

    Thank you for your help.
  • tywebb1973tywebb1973 Member Posts: 115
    New program info on 2018 Overland, Sterling and Limited?

    36 or 39 months (whichever is better), 10K and 12K?

    This would be in NJ/PA. Thanks!

    PS - Does powertrain matter? So would the V8 Hemi Sterling have a different residual than the V6 Sterling?
  • kyfdxkyfdx Moderator Posts: 267,637
    cqcq001 said:

    Hi what is the MF and RV for Jeep GC Limited?
    Interested to know 24mo/10k, 36mo/10k and 39mo/10k.

    Also, do you have any information regarding the new program yet?
    Thank you!

    27/10: .00018 MF and 63% residual
    36/10: .00008 MF and 56% residual
    39/10: .00008 MF and 54% residual

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  • kyfdxkyfdx Moderator Posts: 267,637

    Hi, can I have the RV and MF for the Trailhawk for 36/12 and 39/12 for December with the new program? Thank you!

    .00053 MF and 55% residual for either term.

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  • kyfdxkyfdx Moderator Posts: 267,637
    antnyv17 said:

    current 2018 Grand Cherokee residual and MF for limited 4x4 and overland 4X4 philadelphia pa for new programs starting today. 12/5/17

    39/15:
    Limited: .00008 MF and 51% residual
    Overland: .00003 MF and 50% residual

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  • kyfdxkyfdx Moderator Posts: 267,637
    killroy2k said:

    Do you have any updates on the December Programs/Incentives yet? Thanks in advance.

    Yes... ask for the numbers you want.

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  • kyfdxkyfdx Moderator Posts: 267,637
    albert72 said:

    I was hoping to get new MF & RV on a 2018 LTD 4x4 36mo 10K.

    Can I get same info as above except for Sterling Edition 4x4? The way I want the LTD configured may be hard to find and the Sterling Edition seems to be on dealer lots in a way I would purchase.

    Also, any new incentives (Lease or Buy)? Black Friday programs gone now.

    Thank you for your help.

    .00008 MF and 56%/54% residual for 36/39 mo, 10K/yr
    Either trim.

    Don't have the incentive information.

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