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Help on 2020 Jeep Grand Cherokee Altitude Lease offer

Driver622Driver622 Posts: 17
edited February 8 in Jeep
Hi,

I am currently in negotiations with two dealers on a 2020 Grand Cherokee Altitude lease, Below are the current offers. The Location is Massachusetts 01904 area.

2020 Jeep Grand Cherokee Altitude 4X4
MSRP: $43,875

Dealer #1

36/10K
$1,500 down
$402/mo

42/10K (with in house added 6 month warranty to match the 42 month term)
$1,500 down
$379/mo

Dealer #2

39mo/10K
$1,500 down
$399/mo

So far I am considering the 42 month lease from dealer #1 but I would like to know how these numbers are compared to whats the going lease price for this vehicle, any information helps!

Comments

  • MichaellMichaell ColoradoPosts: 140,647
    Driver622 said:

    Hi,

    I am currently in negotiations with two dealers on a 2020 Grand Cherokee Altitude lease, Below are the current offers. The Location is Massachusetts 01904 area.

    2020 Jeep Grand Cherokee Altitude 4X4
    MSRP: $43,875

    Dealer #1

    36/10K
    $1,500 down
    $402/mo

    42/10K (with in house added 6 month warranty to match the 42 month term)
    $1,500 down
    $379/mo

    Dealer #2

    39mo/10K
    $1,500 down
    $399/mo

    So far I am considering the 42 month lease from dealer #1 but I would like to know how these numbers are compared to whats the going lease price for this vehicle, any information helps!

    Need the MSRP from dealer 2, and the selling price / adjusted cap cost from both dealers, in order to adequately evaluate the quotes.

    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

  • Driver622Driver622 Posts: 17
    Michaell said:

    Driver622 said:

    Hi,

    I am currently in negotiations with two dealers on a 2020 Grand Cherokee Altitude lease, Below are the current offers. The Location is Massachusetts 01904 area.

    2020 Jeep Grand Cherokee Altitude 4X4
    MSRP: $43,875

    Dealer #1

    36/10K
    $1,500 down
    $402/mo

    42/10K (with in house added 6 month warranty to match the 42 month term)
    $1,500 down
    $379/mo

    Dealer #2

    39mo/10K
    $1,500 down
    $399/mo

    So far I am considering the 42 month lease from dealer #1 but I would like to know how these numbers are compared to whats the going lease price for this vehicle, any information helps!

    Need the MSRP from dealer 2, and the selling price / adjusted cap cost from both dealers, in order to adequately evaluate the quotes.
    Both MSRPs are $43,425

    Dealer 1
    selling price
    $41,091

    Dealer 2 has just been trying to "price match" whatever quote I get from Dealer 1 via email with the 39mo lease.
  • kyfdxkyfdx Posts: 148,108
    Driver622 said:

    Michaell said:

    Driver622 said:

    Hi,

    I am currently in negotiations with two dealers on a 2020 Grand Cherokee Altitude lease, Below are the current offers. The Location is Massachusetts 01904 area.

    2020 Jeep Grand Cherokee Altitude 4X4
    MSRP: $43,875

    Dealer #1

    36/10K
    $1,500 down
    $402/mo

    42/10K (with in house added 6 month warranty to match the 42 month term)
    $1,500 down
    $379/mo

    Dealer #2

    39mo/10K
    $1,500 down
    $399/mo

    So far I am considering the 42 month lease from dealer #1 but I would like to know how these numbers are compared to whats the going lease price for this vehicle, any information helps!

    Need the MSRP from dealer 2, and the selling price / adjusted cap cost from both dealers, in order to adequately evaluate the quotes.
    Both MSRPs are $43,425

    Dealer 1
    selling price
    $41,091

    Dealer 2 has just been trying to "price match" whatever quote I get from Dealer 1 via email with the 39mo lease.
    Is $1500 the total amount Due at Signing?
    Do the leases include sales tax?

    If the answer to both of those questions is yes, then those look like good deals, relative to MSRP

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

    Edmunds Moderator

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