2020 Jeep Grand Cherokee Altitude monthly cost

Driver622Driver622 Member Posts: 17
edited January 2020 in Jeep
So I've been actively searching dealerships in Massachusetts to lease a 2020 Jeep Grand Cherokee Altitude. I've seen multiple deals for $279/mo for ZERO down at 36/10K miles and every time I try to inquire about this deal the monthly price goes up to $399/mo. I know with taxes and upfront costs it can jump a monthly payment up quite a bit but to go up that much seems a bit much.

What is the ball park range to pay a month to lease one of these with zero money down other than upfronts? I know this is specific to MA/New England but any area would be appreciated.

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  • MichaellMichaell Moderator Posts: 259,844
    Driver622 said:

    So I've been actively searching dealerships in Massachusetts to lease a 2020 Jeep Grand Cherokee Altitude. I've seen multiple deals for $279/mo for ZERO down at 36/10K miles and every time I try to inquire about this deal the monthly price goes up to $399/mo. I know with taxes and upfront costs it can jump a monthly payment up quite a bit but to go up that much seems a bit much.

    What is the ball park range to pay a month to lease one of these with zero money down other than upfronts? I know this is specific to MA/New England but any area would be appreciated.

    4x4 or 4x2?

    Can't really help with payments unless we get the MSRP and selling price.

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  • Driver622Driver622 Member Posts: 17




    4x4 or 4x2?

    Can't really help with payments unless we get the MSRP and selling price.

    Definitely should of stated that, sorry!

    4x4
    MSRP: $43,425
    Dealer Price: $37,498

    Thanks!
  • MichaellMichaell Moderator Posts: 259,844
    Driver622 said:

    So I've been actively searching dealerships in Massachusetts to lease a 2020 Jeep Grand Cherokee Altitude. I've seen multiple deals for $279/mo for ZERO down at 36/10K miles and every time I try to inquire about this deal the monthly price goes up to $399/mo. I know with taxes and upfront costs it can jump a monthly payment up quite a bit but to go up that much seems a bit much.

    What is the ball park range to pay a month to lease one of these with zero money down other than upfronts? I know this is specific to MA/New England but any area would be appreciated.

    Driver622 said:



    4x4 or 4x2?

    Can't really help with payments unless we get the MSRP and selling price.

    Definitely should of stated that, sorry!

    4x4
    MSRP: $43,425
    Dealer Price: $37,498

    Thanks!

    .00016 and 51%
    $4250 incentives

    With those prices, I get $436/mo, plus tax

    Do you have a link to the $299/mo offer?

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  • Driver622Driver622 Member Posts: 17
    Heres the link you have to scroll down a bit.

    https://www.quirkchryslerjeep.com/manager-specials-in-braintree-ma
  • kyfdxkyfdx Moderator Posts: 262,019
    Driver622 said:

    Heres the link you have to scroll down a bit.

    https://www.quirkchryslerjeep.com/manager-specials-in-braintree-ma

    Those are garbage ads.. The price is automatically short $1500 in fees, plus you have to qualify for 7 different rebates, that most people will likely only qualify for one or two. You can see the BS immediately, as soon as you ask for an offer.

    Read the fine print:
    Lease based on 10k miles/year. Tax title, acq, sec, reg, inspection and doc fee additional, must qualified lease conquest inventive, available to current lessees of competitive non-Chrysler vehicles, Commercial Bonus available to current business owner registered with State, Association of Realtor available to realtor agent whom belong National Realtor Association. Extra charge may apply at lease end. Must qualified tier 1 credit,. Finance bonus required finance through Chrysler capital. 0% finance in lieu of rebate. Must qualify for lease loyalty to receive loyalty price.Sub-Prime bonus only available for customer has 620 or below FICO credit score. Subject to program change without notice. Must qualify Grand Cherokee lease loyalty. $299 documentation fee not included in final price. $20 per $1,000 borrowed. Security deposit not required. Residency restriction apply. All transaction must be complete at time of sale. By submitting you agree to our terms and conditions .Honda conquest required owner/lessee of Honda vehicle for more than 30 days at time of purchase Stock #J20481, CJ3967, D10343 @ DISCOUNT Sale ends 02-02-2020.

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  • Driver622Driver622 Member Posts: 17
    edited January 2020
    Thanks so much for the help and insight! Now it all makes sense.
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