2019 Jeep Grand Cherokee Lease Deals and Prices

Brooklynaccents

Michaell said:

kyfdx said:

Brooklynaccents said:

Question. So I have an offer from a salesmen.

I’m in a lease with a dealer and I have about 7 months more to go until my lease is up.

I currently have a 2017 summit and my payments are $600 a month.

He’s offering me to buy out my lease with no penalties and is offering me $6000 down at $550 a month for a 2019 high altitude with a msrp of 53k. I looked up the rebates and I qualify for 7k in rebates.

So how are my payments still so high?
$7000 in rebates
$6000 down
The money factor is 00017, NY tax is 8.87% and residual is 50% on a 36 month lease

According to trucare the true market price for a H altitude is 46k minus all the rebates should take it down to about 40k plus the $6000 down I should be looking at around 34k no?

When I use the lease calculater is says my payments should be around $450 so if anyone could help I’d appreciate it.

We aren't Truecar, but $7000 off MSRP, before rebates seems like a fantasy.

Frankly, the $6000 down covers your remaining lease payments, the tax and the fees. Probably nothing going to cap reduction.

IMO

Salesman stated they are buying out the car and those payments would not be added to new car.

Michaell

Brooklynaccents said:

Michaell said:

kyfdx said:

Brooklynaccents said:

Question. So I have an offer from a salesmen.

I’m in a lease with a dealer and I have about 7 months more to go until my lease is up.

I currently have a 2017 summit and my payments are $600 a month.

He’s offering me to buy out my lease with no penalties and is offering me $6000 down at $550 a month for a 2019 high altitude with a msrp of 53k. I looked up the rebates and I qualify for 7k in rebates.

So how are my payments still so high?
$7000 in rebates
$6000 down
The money factor is 00017, NY tax is 8.87% and residual is 50% on a 36 month lease

According to trucare the true market price for a H altitude is 46k minus all the rebates should take it down to about 40k plus the $6000 down I should be looking at around 34k no?

When I use the lease calculater is says my payments should be around $450 so if anyone could help I’d appreciate it.

We aren't Truecar, but $7000 off MSRP, before rebates seems like a fantasy.

Frankly, the $6000 down covers your remaining lease payments, the tax and the fees. Probably nothing going to cap reduction.

IMO

Salesman stated they are buying out the car and those payments would not be added to new car.

No, they aren't being added to the new lease; you are paying off those payments with the $6000, is my take.

Why do they need $6000 from you to get a $550/mo payment?

kyfdx

Brooklynaccents said:

Michaell said:

kyfdx said:

Brooklynaccents said:

Question. So I have an offer from a salesmen.

I’m in a lease with a dealer and I have about 7 months more to go until my lease is up.

I currently have a 2017 summit and my payments are $600 a month.

He’s offering me to buy out my lease with no penalties and is offering me $6000 down at $550 a month for a 2019 high altitude with a msrp of 53k. I looked up the rebates and I qualify for 7k in rebates.

So how are my payments still so high?
$7000 in rebates
$6000 down
The money factor is 00017, NY tax is 8.87% and residual is 50% on a 36 month lease

According to trucare the true market price for a H altitude is 46k minus all the rebates should take it down to about 40k plus the $6000 down I should be looking at around 34k no?

When I use the lease calculater is says my payments should be around $450 so if anyone could help I’d appreciate it.

We aren't Truecar, but $7000 off MSRP, before rebates seems like a fantasy.

Frankly, the $6000 down covers your remaining lease payments, the tax and the fees. Probably nothing going to cap reduction.

IMO

Salesman stated they are buying out the car and those payments would not be added to new car.

You should get the actual numbers
Selling price
Adjusted CAP cost

Otherwise, you are just guessing.

Brooklynaccents

He told me the money factor is .00139 and residual is 49%

Which you guys told me is 00017 and a residual of 50%

kyfdx

Brooklynaccents said:

He told me the money factor is .00139 and residual is 49%

Which you guys told me is 00017 and a residual of 50%

They aren't running your lease through Chrysler Capital. Which is why the rebates aren't what we quoted, as well.

Brooklynaccents

Michaell said:

Brooklynaccents said:

Michaell said:

kyfdx said:

Brooklynaccents said:

Question. So I have an offer from a salesmen.

I’m in a lease with a dealer and I have about 7 months more to go until my lease is up.

I currently have a 2017 summit and my payments are $600 a month.

He’s offering me to buy out my lease with no penalties and is offering me $6000 down at $550 a month for a 2019 high altitude with a msrp of 53k. I looked up the rebates and I qualify for 7k in rebates.

So how are my payments still so high?
$7000 in rebates
$6000 down
The money factor is 00017, NY tax is 8.87% and residual is 50% on a 36 month lease

According to trucare the true market price for a H altitude is 46k minus all the rebates should take it down to about 40k plus the $6000 down I should be looking at around 34k no?

When I use the lease calculater is says my payments should be around $450 so if anyone could help I’d appreciate it.

We aren't Truecar, but $7000 off MSRP, before rebates seems like a fantasy.

Frankly, the $6000 down covers your remaining lease payments, the tax and the fees. Probably nothing going to cap reduction.

IMO

Salesman stated they are buying out the car and those payments would not be added to new car.

No, they aren't being added to the new lease; you are paying off those payments with the $6000, is my take.

Why do they need $6000 from you to get a $550/mo payment?

That’s what I’m saying. Something isn’t adding up. He also told me registration, title and inspection is $495. I checked the nydmv website which says according to weight the registration should be $100 and title is $50

Brooklynaccents

Salesmen just told me they’re only giving me the rebates off the msrp...aren’t rebates suppose to be taken off after you agree on a selling price?

Michaell

Brooklynaccents said:

Salesmen just told me they’re only giving me the rebates off the msrp...aren’t rebates suppose to be taken off after you agree on a selling price?

Generally, yes.

Might be time to find another dealer, if this one is not being forthcoming with the numbers.

Brooklynaccents

Yeah I think I’m just gonna ride out my lease till it ends and shop around.

ysehgal_

Hi,

Looking for the money factor and residual for a Jeep Grand Cherokee Altitude 36/10k, 11426. Also any incentives/rebates.

Thanks!

ysehgal_

ysehgal_ said:

Hi,

Looking for the money factor and residual for a Jeep Grand Cherokee Altitude 36/10k, 11426. Also any incentives/rebates.

Thanks!

Forgot to mention, 4x4!

SteelCityFlo

Looking for MF/RV on a Jeep Grand Cherokee Limited X 4x4 36/12 36/15 28460, also incentives for the new month of July... thanks in advance...

Jpugliese21

Hi! Can you provide incentives and rebates, residual value, and money factor data for a 2019 Jeep Grand Cherokee Altitude 4x4, Zip:11596
36/10
39/10
thank you!

sandhus2

Looking for MF/RV and incentives for Jeep Grand Cherokee 4x4 Limited X
36/12K & 36/15K, Zip 53202

kyfdx

ysehgal_ said:

ysehgal_ said:

Hi,

Looking for the money factor and residual for a Jeep Grand Cherokee Altitude 36/10k, 11426. Also any incentives/rebates.

Thanks!

Forgot to mention, 4x4!

.00018 MF and 50% residual
$5000 incentive

kyfdx

SteelCityFlo said:

Looking for MF/RV on a Jeep Grand Cherokee Limited X 4x4 36/12 36/15 28460, also incentives for the new month of July... thanks in advance...

36/15
.00003 MF and 47% residual
$3500 incentive

kyfdx

Jpugliese21 said:

Hi! Can you provide incentives and rebates, residual value, and money factor data for a 2019 Jeep Grand Cherokee Altitude 4x4, Zip:11596
36/10
39/10
thank you!

36/10
.00018 MF and 50% residual
$5000 incentive

39 month term is not supported

kyfdx

sandhus2 said:

Looking for MF/RV and incentives for Jeep Grand Cherokee 4x4 Limited X
36/12K & 36/15K, Zip 53202

36/15
.00003 MF and 47% residual
$4750 incentive

mcc11

Looking for Grand Cherokee 4X2 36/12 Zip Code 33145

Overland
High Altitude
Summit

geminiram

Hi can I get the July #s for 2019 JGC 4x4 in 91107 for 36/10k?

High Altitude
Limited

Is there an acquisition fee this month? Thank you!

Denny_Denny

Thoughts on this grand Cherokee limited lease... $401x39 months, 10k miles, $826 due at signing ($425 down + first month payment), in Brooklyn NY. Nothing additional ie: taxes, fees, etc. I feel it’s okay but not great.

PrinceMaurice

Hey, can I get the July MF, RV, and Lease incentives on a 2019 Jeep Grand Cherokee SRT 36months/12k miles for 33543?

Michaell

mcc11 said:

Looking for Grand Cherokee 4X2 36/12 Zip Code 33145

Overland
High Altitude
Summit

OVR / HA - .00023 and 48%
SUM - .00022 and 45%
$3500 incentives

Michaell

geminiram said:

Hi can I get the July #s for 2019 JGC 4x4 in 91107 for 36/10k?

High Altitude
Limited

Is there an acquisition fee this month? Thank you!

LTD - .00003 and 50%; $4500 incentives
HA - .00017 and 51%; $3500 incentives

Michaell

Denny_Denny said:

Thoughts on this grand Cherokee limited lease... $401x39 months, 10k miles, $826 due at signing ($425 down + first month payment), in Brooklyn NY. Nothing additional ie: taxes, fees, etc. I feel it’s okay but not great.

MSRP?
Selling price?
Adjusted cap cost?

Michaell

PrinceMaurice said:

Hey, can I get the July MF, RV, and Lease incentives on a 2019 Jeep Grand Cherokee SRT 36months/12k miles for 33543?

.00077 and 51%
No lease incentives

SpartanKnight07

Hi, can I please get MF,Res,Incentives on 19 JGC 4x4 High Altitude and Limited X for 36/12 in location 37203? Thanks

kyfdx

SpartanKnight07 said:

Hi, can I please get MF,Res,Incentives on 19 JGC 4x4 High Altitude and Limited X for 36/12 in location 37203? Thanks

LTD: .00003 MF and 49% residual
HA: .00017 MF and 50% residual

$3500 incentive

Jdub2019

Can I get the money factor, residual, and incentives on a 2019 Jeep Grand Cherokee Altitude for zip code 24211?

kyfdx

Jdub2019 said:

Can I get the money factor, residual, and incentives on a 2019 Jeep Grand Cherokee Altitude for zip code 24211?

RWD or AWD?

jwkiser2

kyfdx said:

Jdub2019 said:

Can I get the money factor, residual, and incentives on a 2019 Jeep Grand Cherokee Altitude for zip code 24211?

RWD or AWD?

Awd

gaskin914

Hi,

Looking for RV, MF and incentives for 2019 GC Limited 4x4, 36/12. Zip 55447. Thanks

Danwink

Hi-

2019 Grand Cherokee Summit 4x4 Hemi V8 with signature leather interior package (65k msrp)

89501

24m and 12k
36m and 12k

Incentives, residual, MF if you can. Thank you!

Michaell

jwkiser2 said:

kyfdx said:

Jdub2019 said:

Can I get the money factor, residual, and incentives on a 2019 Jeep Grand Cherokee Altitude for zip code 24211?

RWD or AWD?

Awd

36/15
.00018 and 47%
$4000 incentives

Michaell

gaskin914 said:

Hi,

Looking for RV, MF and incentives for 2019 GC Limited 4x4, 36/12. Zip 55447. Thanks

.00003 and 49%
$4000 incentives

Michaell

Danwink said:

Hi-

2019 Grand Cherokee Summit 4x4 Hemi V8 with signature leather interior package (65k msrp)

89501

24m and 12k
36m and 12k

Incentives, residual, MF if you can. Thank you!

.00012 and 53%
.00039 and 48%
$3500 incentives

Denny_Denny

Michaell said:

Denny_Denny said:

Thoughts on this grand Cherokee limited lease... $401x39 months, 10k miles, $826 due at signing ($425 down + first month payment), in Brooklyn NY. Nothing additional ie: taxes, fees, etc. I feel it’s okay but not great.

MSRP?
Selling price?
Adjusted cap cost?

Msrp 44,200
Sell price 41,500
Adj cap cost 35,500

Michaell

Denny_Denny said:

Michaell said:

Denny_Denny said:

Thoughts on this grand Cherokee limited lease... $401x39 months, 10k miles, $826 due at signing ($425 down + first month payment), in Brooklyn NY. Nothing additional ie: taxes, fees, etc. I feel it’s okay but not great.

MSRP?
Selling price?
Adjusted cap cost?

Msrp 44,200
Sell price 41,500
Adj cap cost 35,500

Great deal.

Did you take it?

Denny_Denny

Michaell said:

Denny_Denny said:

Michaell said:

Denny_Denny said:

Thoughts on this grand Cherokee limited lease... $401x39 months, 10k miles, $826 due at signing ($425 down + first month payment), in Brooklyn NY. Nothing additional ie: taxes, fees, etc. I feel it’s okay but not great.

MSRP?
Selling price?
Adjusted cap cost?

Msrp 44,200
Sell price 41,500
Adj cap cost 35,500

Great deal.

Did you take it?

Thanks Yes!

mwitrak1

Hi,
Please provide MF, RV, incentives for a 2019 Jeep Grand Cherokee Limited X, 4x2, zip 33764
36/10K
Thanks

Michaell

Denny_Denny said:

Michaell said:

Denny_Denny said:

Michaell said:

Denny_Denny said:

Thoughts on this grand Cherokee limited lease... $401x39 months, 10k miles, $826 due at signing ($425 down + first month payment), in Brooklyn NY. Nothing additional ie: taxes, fees, etc. I feel it’s okay but not great.

MSRP?
Selling price?
Adjusted cap cost?

Msrp 44,200
Sell price 41,500
Adj cap cost 35,500

Great deal.

Did you take it?

Thanks Yes!

Congrats!

Thanks for the report.

Michaell

mwitrak1 said:

Hi,
Please provide MF, RV, incentives for a 2019 Jeep Grand Cherokee Limited X, 4x2, zip 33764
36/10K
Thanks

.00014 and 49%
$4500 incentives

ksalvatore

Hello,

can you pls tell me the MF, RV, and incentives for 2019 Jeep Grand CHerokee Laredo E, 4x2, zip 10306? 36/10k

thanks

Michaell

ksalvatore said:

Hello,

can you pls tell me the MF, RV, and incentives for 2019 Jeep Grand CHerokee Laredo E, 4x2, zip 10306? 36/10k

thanks

.00015 and 48%
$4500 incentives

Smjbstockton22

Numbers for Altitude vs Limited vs Overland zip 28716. 4x4 with incentives. Thank you

lmdavidsons

Wondering if a JGC Limited w/Lux II package @ $415 - 36 months with $1,500 down in NYC is this a good deal. I feel pressured especially after reading someone paid 401 for 39 months and only 425 down. when does credit factor in? Also this deal was made over the phone even though I asked for MSRP/RV and they told me they'd show me in the paper work when i come to the dealership. I almost forgot to mention i have a current Nissan lease with only 2 payments left totaling $598.
any help would be much appreciated - Thanks!

Michaell

Smjbstockton22 said:

Numbers for Altitude vs Limited vs Overland zip 28716. 4x4 with incentives. Thank you

What lease term and how many miles per year?

Michaell

lmdavidsons said:

Wondering if a JGC Limited w/Lux II package @ $415 - 36 months with $1,500 down in NYC is this a good deal. I feel pressured especially after reading someone paid 401 for 39 months and only 425 down. when does credit factor in? Also this deal was made over the phone even though I asked for MSRP/RV and they told me they'd show me in the paper work when i come to the dealership. I almost forgot to mention i have a current Nissan lease with only 2 payments left totaling $598.
any help would be much appreciated - Thanks!

We don't know the tier cutoffs, but if your credit is less than perfect, the MF will go up.

What is the MSRP and cap cost for that quote?

Also, that $600 from the existing lease may be finding its way into the new deal.

lmdavidsons

See the MSRP is something they have yet to provide they keep telling me its a 48K car. My credit is 799 does that matter?

lmdavidsons

MSRP is 48K and there are incentives from teh manufacturer totaling about $5K I am not sure what the dealer offered if anything