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2018 Wrangler Rubicon JL - Money Factor and Residual Value

13

Comments

  • kyfdxkyfdx Everywhere, USAPosts: 126,124
    cosmins said:

    Michaell said:

    cosmins said:

    This website is very helpful and thank you ahead of time. I am looking at leasing a 2018 wrangler JL Sport S MSRP of roughly $39,000. zip code is 92886. Wondering what I might be able to bring the MSRP down to. Also considering the 48 month lease at 12k miles for lowest payment. Does the longer lease term help out enough to offset lower RV? What would be the best term for best payment and what should RV and MF be on the 48 month 12k miles? Thanks again.

    We don't have any Wrangler lease info yet for July; hopefully tomorrow.

    And, we don't track pricing.
    Thank you for the response, I will check back over the next 2 days. I look to pick one up by Wednesday.
    2-Door or Unlimited?

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

    Edmunds Moderator

  • kyfdxkyfdx Everywhere, USAPosts: 126,124
    tenneone said:

    I could also use some help with July numbers (MF/R) if available? Interested in 2018 Wrangler Unlimited 
    Sport S JL and Rubicon JL numbers. 24/10 and 36/10. Zip 37064. Thank you 

    Standard MF
    Sport S: 75%/73% residual for 24/36 months
    Rubicon: 71%/68% residual

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

    Edmunds Moderator

  • khcar2001khcar2001 Posts: 4
    Hi. Do you have July MF & Residuals for Tier 2 credit on 2018 JL Rubicon Unlimited? Looking at 15k 36/39/48 month lease. Thanks!
  • kyfdxkyfdx Everywhere, USAPosts: 126,124
    khcar2001 said:

    Hi. Do you have July MF & Residuals for Tier 2 credit on 2018 JL Rubicon Unlimited? Looking at 15k 36/39/48 month lease. Thanks!

    We don't have the standard MF number, but whatever it is, Tier 2 will add .00021 to it.

    65%/64%/63%/62% residual for 36/39/42/48 months

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

    Edmunds Moderator

  • tenneonetenneone Posts: 2
    Residuals for JL Sport S Unlimited Please zip 37064
    36/12k
  • kyfdxkyfdx Everywhere, USAPosts: 126,124
    tenneone said:

    Residuals for JL Sport S Unlimited Please zip 37064
    36/12k

    Standard MF and 72% residual

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

    Edmunds Moderator

  • momo9394momo9394 Posts: 4
    Hi there. Could I please get the residual and money factor for tier 1 credit on a Sahara 2018 4 cylinder turbo, 10k per year over both 24 and 36 months? Zip code is 98039.

    Also, are there any current incentives I should be aware of for this build? Price I am being quoted is $1k off FWP.

    Thanks!
  • MichaellMichaell ColoradoPosts: 117,463
    momo9394 said:

    Hi there. Could I please get the residual and money factor for tier 1 credit on a Sahara 2018 4 cylinder turbo, 10k per year over both 24 and 36 months? Zip code is 98039.

    Also, are there any current incentives I should be aware of for this build? Price I am being quoted is $1k off FWP.

    Thanks!

    2-door or 4-door?

    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

  • momo9394momo9394 Posts: 4
    4 door
  • MichaellMichaell ColoradoPosts: 117,463
    momo9394 said:

    Hi there. Could I please get the residual and money factor for tier 1 credit on a Sahara 2018 4 cylinder turbo, 10k per year over both 24 and 36 months? Zip code is 98039.

    Also, are there any current incentives I should be aware of for this build? Price I am being quoted is $1k off FWP.

    Thanks!

    momo9394 said:

    4 door

    Standard MF and 68% / 66%

    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

  • bpjeepguybpjeepguy Posts: 4
    Good afternoon... I could use some advice as well... I ordered a 2018 Rubicon JL (4 door) with most of the add on's. MSRP is $57,065, purchase price is $50,811... I live in New York and the dealer gave me the following quote...
    3yrs x12k miles with $1,750 down = 729.02 - Chrysler Cap and Ally
    Net Cap - 55,285.22
    Money Factor - .00282
    67% residual
    Buy Out = 38,568.55

    My credit is score is 775... so I was surprised by the money factor... can you confirm the residual and money factor please..

    **any advice from others is welcome.. Can I use a leasing company other than what the dealer is using?
  • kyfdxkyfdx Everywhere, USAPosts: 126,124
    bpjeepguy said:

    Good afternoon... I could use some advice as well... I ordered a 2018 Rubicon JL (4 door) with most of the add on's. MSRP is $57,065, purchase price is $50,811... I live in New York and the dealer gave me the following quote...
    3yrs x12k miles with $1,750 down = 729.02 - Chrysler Cap and Ally
    Net Cap - 55,285.22
    Money Factor - .00282
    67% residual
    Buy Out = 38,568.55

    My credit is score is 775... so I was surprised by the money factor... can you confirm the residual and money factor please..

    **any advice from others is welcome.. Can I use a leasing company other than what the dealer is using?

    The figures given have to be either Chrysler Capital or Ally, not both (other than the payment)
    That is the Chrysler Capital residual, so we'll assume that's the rest of it, as well.

    We don't know the money factor, this month. It's the "Standard" money factor. Lately, it's been between .00193 and .00220. I'll guess they've marked up your money factor (possibly by a lot).

    Do you have an accounting of your NET CAP? It's $4470 over your sale price. That seems like a lot, especially since you are paying another $1750 at signing?

    The problem isn't with the leasing bank... it's with your dealer, I think.

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

    Edmunds Moderator

  • bpjeepguybpjeepguy Posts: 4
    edited July 2018
    THANK YOU for your response! (Much appreciated)
    I agree...The two things that jumped out was the MF and then that 1750 down which appears to be a money grab. I whipped up a calculator using excel and came up with a $727 payment based on the variables...and I couldn't figure out the $1750... That coupled with the obviously highy MF irked me but I wanted to get additional opinions...

    I was expecting a monthly payment between $650-675 and it appears they are building in $3500 in profit to see if they can get away with it.

    I really thought the residuals for Rubicons were higher..

    Can I use any leasing company and if so, who do you recommend?
    Can I also bother you for residuals for 39, 42 & 48?

    Here is the breakdown on the Cap Cost... The processing piece I committed to in order to place a factory order at 10% below invoice... It appears they are looking to recoup that with a predatory financing department.

    Cap Cost $55,813
    Sell Price $50,811
    Registration $470
    Processing $699
    Taxes $3,833

  • kyfdxkyfdx Everywhere, USAPosts: 126,124
    bpjeepguy said:

    THANK YOU for your response! (Much appreciated)
    I agree...The two things that jumped out was the MF and then that 1750 down which appears to be a money grab. I whipped up a calculator using excel and came up with a $727 payment based on the variables...and I couldn't figure out the $1750... That coupled with the obviously highy MF irked me but I wanted to get additional opinions...

    I was expecting a monthly payment between $650-675 and it appears they are building in $3500 in profit to see if they can get away with it.

    I really thought the residuals for Rubicons were higher..

    Can I use any leasing company and if so, who do you recommend?
    Can I also bother you for residuals for 39, 42 & 48?

    Here is the breakdown on the Cap Cost... The processing piece I committed to in order to place a factory order at 10% below invoice... It appears they are looking to recoup that with a predatory financing department.

    Cap Cost $55,813
    Sell Price $50,811
    Registration $470
    Processing $699
    Taxes $3,833

    The tax number cannot be correct. NY taxes the sum of the payments. $699 processing? That's a garbage fee. A way for a NY dealer to get around the $75 cap on doc fees. (unless you are shopping out of state?)

    You can't go get your own lease through another bank. Technically, you could, but that won't save you any money. You just need a dealer that will use the base program, and not try to screw you.

    66%/65%/64% residual for 39/42/48 months.
    I generally recommend against longer term leases, but in this case, they are hard to pass up, given the residuals.

    But, your problem isn't the bank or the lease program. It's the dealer. Find another one.

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

    Edmunds Moderator

  • bpjeepguybpjeepguy Posts: 4
    edited July 2018
    I am purchasing using an out of state dealer because I was able to negotiate the lowest price under invoice for a Jeep that my local dealers are reluctant to move off MSRP. I am locked in to this dealer and that is probably why they are trying to screw me...
    Recap:
    $1750 is crap
    $699 is a processing fee that I agreed to pay because I was getting 10% off Invoice and ordering from the factory
    I am ordering out of state

    Question:
    Taxes: The tax rate is 7.375% and it is owed upfront in NY. Are you saying that they are wrong because they are actually adding sales tax of the cars entire value versus the difference in the residual and the negotiated price?

    (50,811 less $38,570 = $12,240 * 7.375% = $902 in taxes versus the $3,833) That coupled with the Money factor and the bogus $1750 is why you are sounding the alarm...? Did I miss anything?

    I didn't pick up on the tax thing so thank you! I am not committed to leasing.. I will obviously finance using my own credit union versus this... I just can't stand the audacity of some of these people to screw the hardworking people that don't analyze the numbers. This is similar to sub prime mortgage financing that finally got regulated. It appears auto leasing is still the wild wild west.
  • kyfdxkyfdx Everywhere, USAPosts: 126,124
    bpjeepguy said:

    I am purchasing using an out of state dealer because I was able to negotiate the lowest price under invoice for a Jeep that my local dealers are reluctant to move off MSRP. I am locked in to this dealer and that is probably why they are trying to screw me...
    Recap:
    $1750 is crap
    $699 is a processing fee that I agreed to pay because I was getting 10% off Invoice and ordering from the factory
    I am ordering out of state

    Question:
    Taxes: The tax rate is 7.375% and it is owed upfront in NY. Are you saying that they are wrong because they are actually adding sales tax of the cars entire value versus the difference in the residual and the negotiated price?

    (50,811 less $38,570 = $12,240 * 7.375% = $902 in taxes versus the $3,833) That coupled with the Money factor and the bogus $1750 is why you are sounding the alarm...? Did I miss anything?

    I didn't pick up on the tax thing so thank you! I am not committed to leasing.. I will obviously finance using my own credit union versus this... I just can't stand the audacity of some of these people to screw the hardworking people that don't analyze the numbers. This is similar to sub prime mortgage financing that finally got regulated. It appears auto leasing is still the wild wild west.

    Answer: Yes, that's exactly what I'm saying.

    Taxes: Not just depreciation... the whole payment.. So, closer to $727 X 36 = $26,172 X .07375 = $1930.

    If you were planning on leasing from the beginning, then picking a dealer solely on discount from MSRP was a mistake. I would walk away, before I would take this deal.

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

    Edmunds Moderator

  • bpjeepguybpjeepguy Posts: 4
    Very helpful - Thank you again
  • kaylunakayluna NYCPosts: 13
    Hi all, can I get the money factor and Residual for July - Rubicon JL 4 Door ... 36 months 10k Miles.
  • MichaellMichaell ColoradoPosts: 117,463
    kayluna said:

    Hi all, can I get the money factor and Residual for July - Rubicon JL 4 Door ... 36 months 10k Miles.

    standard MF and 68%

    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

  • gocaps18gocaps18 Posts: 2
    edited August 2018
    Hello, Can I get a money Factor and Residual for August - JL 4 door sport S unlimited. 36 moth/10k miles (zip 21701)

    Also, i see replies of Standard Money Factor. What is that? .002?
  • Could I get the residuals for a 2018 JL Rubicon Unlimited for August (24,36 and 39 month if possible)?  Thanks 
  • kyfdxkyfdx Everywhere, USAPosts: 126,124
    Sorry, but we don't yet have Wrangler info for August.

    Hopefully, soon.

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

    Edmunds Moderator

  • kyfdxkyfdx Everywhere, USAPosts: 126,124
    gocaps18 said:

    Hello, Can I get a money Factor and Residual for August - JL 4 door sport S unlimited. 36 moth/10k miles (zip 21701)

    Also, i see replies of Standard Money Factor. What is that? .002?

    Standard MF and 73% residual

    We don't know the standard MF for this month, but it's generally right around .00200

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

    Edmunds Moderator

  • kyfdxkyfdx Everywhere, USAPosts: 126,124
    badger98 said:

    Could I get the residuals for a 2018 JL Rubicon Unlimited for August (24,36 and 39 month if possible)?  Thanks 

    15K/yr
    69%/65%/64% residual

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

    Edmunds Moderator

  • jeffc92jeffc92 Posts: 7
    Hello,

    Could I get the MF and Residual for a 2 Door Wrangler JL Sport S?
    1. 24 Months, 12k Miles per year, Zipcode: 84102.
    2. 24 Months, 10k Miles per year, Zipcode: 84102.
    3. 36 Months, 12k Miles per year, Zipcode: 84102.
  • MichaellMichaell ColoradoPosts: 117,463
    jeffc92 said:

    Hello,

    Could I get the MF and Residual for a 2 Door Wrangler JL Sport S?
    1. 24 Months, 12k Miles per year, Zipcode: 84102.
    2. 24 Months, 10k Miles per year, Zipcode: 84102.
    3. 36 Months, 12k Miles per year, Zipcode: 84102.

    Standard MF and 68% / 69% / 65%

    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

  • Hi. 

    Can I get the MF and residual for a JLU Rubicon?
    12k/36/39/48 

    Thanks!
  • kyfdxkyfdx Everywhere, USAPosts: 126,124
    18JLURubi said:

    Hi. 

    Can I get the MF and residual for a JLU Rubicon?
    12k/36/39/48 

    Thanks!

    Standard MF
    67%/66%/64% residual

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

    Edmunds Moderator

  • kyfdx said:
    Hi. 

    Can I get the MF and residual for a JLU Rubicon?
    12k/36/39/48 

    Thanks!
    Standard MF 67%/66%/64% residual
    Thanks!! Standard is still around .00200?
  • kyfdxkyfdx Everywhere, USAPosts: 126,124
    18JLURubi said:


    kyfdx said:

    18JLURubi said:

    Hi. 

    Can I get the MF and residual for a JLU Rubicon?
    12k/36/39/48 

    Thanks!

    Standard MF
    67%/66%/64% residual

    Thanks!! Standard is still around .00200?

    As far as we know..

    I think it was .00209, last month

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

    Edmunds Moderator

This discussion has been closed.