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2018 Jeep GC Altitude lease

kidinfamouskidinfamous Posts: 4
edited January 2018 in Jeep
2018 Jeep GC Altitude package w added sunroof MSRP 39k, lease offered at $450, 10k annual miles, 36 mo w $1500 down. I’m in Los Angeles. Best they could do, is this a terrible deal or is it just me? New to leasing, be gentle.
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Best Answer

  • kyfdxkyfdx Posts: 116,324
    Accepted Answer

    4X2... Just felt so high comparable to what I was seeing on these forums...

    Yeah... the 4X2 program isn't as good.
    .00008 MF and 52% residual for 36/10.

    I get $418/mo.+tax, with that adjusted CAP..
    So, about $8/mo. higher than your quote.

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

Answers

  • kyfdxkyfdx Posts: 116,324

    2018 Jeep GC Altitude package w added sunroof MSRP 39k, lease offered at $450, 10k annual miles, 36 mo w $1500 down. I’m in Los Angeles. Best they could do, is this a terrible deal or is it just me? New to leasing, be gentle.

    What is the MSRP?
    Selling price and/or adjusted CAP cost?
    Tax rate?

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • MSRP is 39495, Adjusted cap cost is 35424, and the tax rate is 9.5% (Yikes, didn't realize the tax was so high out here!)
  • kyfdxkyfdx Posts: 116,324

    MSRP is 39495, Adjusted cap cost is 35424, and the tax rate is 9.5% (Yikes, didn't realize the tax was so high out here!)

    Is it 4X4 or 4X2?

    Either way, the payment doesn't look far off..
    That's only $411/mo, pre-tax.

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • 4X2... Just felt so high comparable to what I was seeing on these forums...
  • Thank you! That makes me feel a little better about it.
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