Residual Values

arsenarsen

I went to the dealership and they said the2019 Grand Cherokee Altitude 4x2 had a 49% residual. I feel like that is too low for that car.

arsenarsen

Zip code is 91605

Michaell

arsenarsen said:

I went to the dealership and they said the2019 Grand Cherokee Altitude 4x2 had a 49% residual. I feel like that is too low for that car.

arsenarsen said:

Zip code is 91605

What lease term and how many miles per year is this for?

arsenarsen

Its for a 12000 a year 36 month lease

Michaell

arsenarsen said:

Its for a 12000 a year 36 month lease

I show 48% for that model and 36/12

Dealer cannot alter the residual, as it is fixed by the bank. Ask them what bank they are using.