Lease Payment on 2018 Jeep Grand Cherokee Altitude

sgrays1sgrays1 Member Posts: 1
edited March 2018 in Jeep
Looking at a 2018 Jeep Grand Cherokee Altitude in Pittsburgh, PA area. Found one priced at $40,085 with Everybody Qualifies Savings it takes it to $37,155. For 36months, $0 Down and 12,000mi/yr dealer quoted me $486/month includes tax/plates/fees. Is this a good deal? If not, can someone tell me what I can get my monthly payments down to with $0 down up front?

Here is the Window Sticker if it helps…just keep in mind the $40,085 is reduced to $37,155.
https://www.chrysler.com/hostd/windowsticker/getWindowStickerPdf.do?vin=1C4RJFAG0JC257615

Answers

  • kyfdxkyfdx Moderator Posts: 267,222
    sgrays1 said:

    Looking at a 2018 Jeep Grand Cherokee Altitude in Pittsburgh, PA area. Found one priced at $40,085 with Everybody Qualifies Savings it takes it to $37,155. For 36months, $0 Down and 12,000mi/yr dealer quoted me $486/month includes tax/plates/fees. Is this a good deal? If not, can someone tell me what I can get my monthly payments down to with $0 down up front?

    Here is the Window Sticker if it helps…just keep in mind the $40,085 is reduced to $37,155.
    https://www.chrysler.com/hostd/windowsticker/getWindowStickerPdf.do?vin=1C4RJFAG0JC257615

    Assuming 4X4, .00011 MF and 54% residual for 36/12.

    With that MSRP and selling price, I get $437/mo.+tax
    Given the 9%-11% tax in PA, $486 looks pretty good, if it's just first payment due at signing.

    We don't track pricing, so I can't tell you if you can do better on the selling price, though.

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