Rate my lease deal before I pull the trigger

Tyrone3

zip code 19143, Credit score 700, any tips? should I push for more or less of anything? I really want around 350 a month with as little down as possible.

Tyrone3

Here is the link to the car itself : https://www.familyautos.com/new-Philadelphia-2020-Jeep-+-CHEROKEE+ALTITUDE+4X4-1C4PJMLBXLD502687

Tyrone3

12k / 39 mos.

Michaell

Tyrone3 said:

zip code 19143, Credit score 700, any tips? should I push for more or less of anything? I really want around 350 a month with as little down as possible.

Tyrone3 said:

Here is the link to the car itself : https://www.familyautos.com/new-Philadelphia-2020-Jeep-+-CHEROKEE+ALTITUDE+4X4-1C4PJMLBXLD502687

Tyrone3 said:

12k / 39 mos.

The deal sheet shows 42 months, yet your post states 39. Which is it?

Our 42/12 numbers are .00097 and 46%; the .00139 MF shows represents the maximum MF markup allowed by the bank.

We confirm the $3000 incentive.

I agree with the dealer math, when I add 11% sales tax to my calculations.

The MF markup is adding $18/mo to the deal.

No discount from MSRP? That will be another place where you can lower the monthly payment; look here for help with setting a pricing target:

https://www.edmunds.com/new-cars/

Tyrone3

It is 42, my apologies! Typed too fast.

Tyrone3

I am going to talk to the dealer now but also take this info to another dealer (Bergey's , Cherry Hill) to see if I can use this to my advantage.

Michaell

Tyrone3 said:

I am going to talk to the dealer now but also take this info to another dealer (Bergey's , Cherry Hill) to see if I can use this to my advantage.

Always a good idea to shop multiple dealers.

Let us know how things turn out.