2021 Jeep Cherokee Lease Deals and Prices

MichaellMichaell ColoradoModerator Posts: 206,288
edited September 2020 in Jeep
Ask your 2021 Cherokee lease questions here! Get information on money factors, residuals, incentives, deals and payments.

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  • Dan_WDan_W MichiganMember Posts: 29
    edited September 2020
    First!! Lol

    What is the MF and residual for a 2021 Cherokee Latitude Lux 4x4?
    Zip is 48647 (or 48154 if that changes anything)

    And any incentives?

    Thanks!
  • MichaellMichaell ColoradoModerator Posts: 206,288
    Dan_W said:

    First!! Lol

    What is the MF and residual for a 2021 Cherokee Latitude Lux 4x4?
    Zip is 48647 (or 48154 if that changes anything)

    And any incentives?

    Thanks!

    36/15
    .00071 and 57%
    $750 incentives

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  • Could I please get MF, Residual, and Incentives for 2021 Cherokee Limited 4x4? ZIP 01801. 2 year or 3 year, 12k miles.

    Thanks much!
  • kyfdxkyfdx Moderator Posts: 207,889

    Could I please get MF, Residual, and Incentives for 2021 Cherokee Limited 4x4? ZIP 01801. 2 year or 3 year, 12k miles.

    Thanks much!

    .00015 MF and 63% residual
    .00002 MF and 58% residual

    $750 incentive

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  • redbrd19redbrd19 ColoradoMember Posts: 2
    Hi. Looking for MF, residual and any incentives for a 2021 Cherokee Trailhawk in 80126 zip.

    Thanks!
  • kyfdxkyfdx Moderator Posts: 207,889
    redbrd19 said:

    Hi. Looking for MF, residual and any incentives for a 2021 Cherokee Trailhawk in 80126 zip.

    Thanks!

    36/15
    .00043 MF and 58% residual
    $750 incentive

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  • rv27rv27 Member Posts: 5
    Hi! Can I please get the MF, residual and any incentives for a 2021 Cherokee Latitude Plus 4x4 Sport Utility in 03079 zip for a 36 month lease with 10k miles/year?

    Thanks!
  • kyfdxkyfdx Moderator Posts: 207,889
    rv27 said:

    Hi! Can I please get the MF, residual and any incentives for a 2021 Cherokee Latitude Plus 4x4 Sport Utility in 03079 zip for a 36 month lease with 10k miles/year?

    Thanks!

    No lease support for that trim.

    Latitude Lux
    Limited
    Trailhawk
    High Altitude
    80th Anniversay

    are the only AWD trims with lease support

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  • rv27rv27 Member Posts: 5
    Okay thank you! Are you able to do the MF, residual and any incentives for a 2021 Cherokee Limited 4x4 in 03079 zip for a 36 month lease with 10k miles/year?
  • MichaellMichaell ColoradoModerator Posts: 206,288
    rv27 said:

    Okay thank you! Are you able to do the MF, residual and any incentives for a 2021 Cherokee Limited 4x4 in 03079 zip for a 36 month lease with 10k miles/year?

    .00002 and 59%
    $750 incentive

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  • BK_FitBK_Fit Davenport, FLMember Posts: 3
    Could I please get MF, Residual, and Incentives for 2021 Cherokee Limited Plus for Zip Code 33896? 4 or 5 years with 12,000 miles annual
  • MichaellMichaell ColoradoModerator Posts: 206,288
    BK_Fit said:

    Could I please get MF, Residual, and Incentives for 2021 Cherokee Limited Plus for Zip Code 33896? 4 or 5 years with 12,000 miles annual

    FWD or AWD?

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  • BK_FitBK_Fit Davenport, FLMember Posts: 3
    Michaell said:

    BK_Fit said:

    Could I please get MF, Residual, and Incentives for 2021 Cherokee Limited Plus for Zip Code 33896? 4 or 5 years with 12,000 miles annual

    FWD or AWD?
    Can I see both? I don’t remember which I test drove today
  • MichaellMichaell ColoradoModerator Posts: 206,288
    BK_Fit said:

    Michaell said:

    BK_Fit said:

    Could I please get MF, Residual, and Incentives for 2021 Cherokee Limited Plus for Zip Code 33896? 4 or 5 years with 12,000 miles annual

    FWD or AWD?
    Can I see both? I don’t remember which I test drove today
    I don't see a Limited Plus trim.

    And, 36 months is the longest lease term I see.

    36/12
    LTD FWD - .00004 and 55%
    LTD AWD - .00002 and 58%
    $750 incentives

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  • hun34hun34 Member Posts: 1
    edited October 2020
    Could I please get MF and residual for 2021 Cherokee Limited AWD for both 36/12k and 36/10k please. Zip code is 02471

    thank you in advance
  • MichaellMichaell ColoradoModerator Posts: 206,288
    hun34 said:

    Could I please get MF and residual for 2021 Cherokee Limited AWD for both 36/12k and 36/10k please. Zip code is 02471

    thank you in advance

    36/12
    .00002 and 58%
    $1750 incentives

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  • jray12590jray12590 Member Posts: 17
    What is the MF and residual for a 2021 Cherokee Latitude Lux 4x4?
    Zip is 11725
    36/10 and 36/7.5

    Thanks!
  • MichaellMichaell ColoradoModerator Posts: 206,288
    jray12590 said:

    What is the MF and residual for a 2021 Cherokee Latitude Lux 4x4?
    Zip is 11725
    36/10 and 36/7.5

    Thanks!

    36/10
    .00071 and 60%
    $1750 incentives

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  • snakeyes128snakeyes128 Member Posts: 9
    edited October 2020
    Hello, could I please get MF, residual, and incentives for 2021 Cherokee Trailhawk 4x4 for both 36/12k and 36/10k? Zip is 91204
  • MichaellMichaell ColoradoModerator Posts: 206,288

    Hello, could I please get MF, residual, and incentives for 2021 Cherokee Trailhawk 4x4 for both 36/12k and 36/10k? Zip is 91204

    36/12
    .00043 and 60%
    $750 incentive

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  • Sgraziano89Sgraziano89 Boston, MAMember Posts: 47
    Would you please provide the lease numbers (mf/resid) for a 2021 Jeep Cherokee Limited 2WD and 4WD for 36/12 in 02052. And incentives please?
  • kyfdxkyfdx Moderator Posts: 207,889

    Would you please provide the lease numbers (mf/resid) for a 2021 Jeep Cherokee Limited 2WD and 4WD for 36/12 in 02052. And incentives please?

    FWD: .00004 MF and 55% residual. $1310 incentive
    AWD: .00002 MF and 58% residual. $1750 incentive

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  • california02california02 Member Posts: 3
    Could I please get MF, Residual, and Incentives for 2021 Cherokee Limited 2WD ?
    36/7.5 Zip is 90006
  • MichaellMichaell ColoradoModerator Posts: 206,288

    Could I please get MF, Residual, and Incentives for 2021 Cherokee Limited 2WD ?
    36/7.5 Zip is 90006

    36/10
    .00004 and 56%
    $1310 incentives

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  • california2221california2221 Member Posts: 3
    is this a good lease offer ?
    2021 Jeep Cherokee Limited with Elite Package
    MRSP $36,820 / / 36 / 10 / 0 Down / 0 Drive Off
    Selling price $33,690
    $439 + tax per month.
    zip 90006
  • kyfdxkyfdx Moderator Posts: 207,889

    is this a good lease offer ?
    2021 Jeep Cherokee Limited with Elite Package
    MRSP $36,820 / / 36 / 10 / 0 Down / 0 Drive Off
    Selling price $33,690
    $439 + tax per month.
    zip 90006

    FWD or AWD?

    What is the adjusted CAP cost?

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  • Jowall4487Jowall4487 02169Member Posts: 3
    Could I please get MF, Residual, and Incentives for 2021 Cherokee Limited 4x4 w/ Elite Package MSRP $38,565 ZIP 02169. 36mo, 12k mi/yr as well as 42mo, 12k mi/yr. thank you
  • california2221california2221 Member Posts: 3
    is this a good lease offer ?
    2021 Jeep Cherokee FWD Limited with Elite Package
    MRSP $36,820 / / 36 / 10 / 0 Down / 0 Drive Off
    Selling price $33,690
    $439 + tax per month.
    zip 90006
  • MichaellMichaell ColoradoModerator Posts: 206,288

    Could I please get MF, Residual, and Incentives for 2021 Cherokee Limited 4x4 w/ Elite Package MSRP $38,565 ZIP 02169. 36mo, 12k mi/yr as well as 42mo, 12k mi/yr. thank you

    36/12
    .00002 and 58%
    $1750 incentives

    42 month term not supported.

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  • MichaellMichaell ColoradoModerator Posts: 206,288

    is this a good lease offer ?
    2021 Jeep Cherokee FWD Limited with Elite Package
    MRSP $36,820 / / 36 / 10 / 0 Down / 0 Drive Off
    Selling price $33,690
    $439 + tax per month.
    zip 90006

    See my co-hosts questions above.

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  • Jowall4487Jowall4487 02169Member Posts: 3
    @Michaell do you know the qualifications for the $1750 in incentives?
  • california2221california2221 Member Posts: 3
    Michaell said:

    is this a good lease offer ?
    2021 Jeep Cherokee FWD Limited with Elite Package
    MRSP $36,820 / / 36 / 10 / 0 Down / 0 Drive Off
    Selling price $33,690
    $439 + tax per month.
    zip 90006

    See my co-hosts questions above.
    i don't know about Adjusted CAP cost, but i pay $0 when i pick up the car. and then next 35 months i pay $439+tax.
  • MichaellMichaell ColoradoModerator Posts: 206,288

    @Michaell do you know the qualifications for the $1750 in incentives?

    Just have to lease the car through Chrysler Capital.

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  • MichaellMichaell ColoradoModerator Posts: 206,288

    Michaell said:

    is this a good lease offer ?
    2021 Jeep Cherokee FWD Limited with Elite Package
    MRSP $36,820 / / 36 / 10 / 0 Down / 0 Drive Off
    Selling price $33,690
    $439 + tax per month.
    zip 90006

    See my co-hosts questions above.
    i don't know about Adjusted CAP cost, but i pay $0 when i pick up the car. and then next 35 months i pay $439+tax.
    Without the details, there isn't much feedback we can give you.

    Ask the dealer to provide a copy of the lease worksheet.

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  • DtDanTannaDtDanTanna Member Posts: 4
    edited October 2020
    Hi, could I get a MF & residual for a 2021 Jeep Cherokee Limited 4x4, zip code 06107, 36/12? Many thx!!
  • MichaellMichaell ColoradoModerator Posts: 206,288

    Hi, could I get a MF & residual for a 2021 Jeep Cherokee Limited 4x4, zip code 06107, 36/12? Many thx!!

    .00002 and 58%
    $1750 incentives

    Edmunds Price Checker
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  • DtDanTannaDtDanTanna Member Posts: 4
    Hi, still shopping around. Could I get a MF & residual for a 2021 Jeep Cherokee Trailhawk 4x4, zip code 06107, 36/12? Many thx!!
  • MichaellMichaell ColoradoModerator Posts: 206,288

    Hi, still shopping around. Could I get a MF & residual for a 2021 Jeep Cherokee Trailhawk 4x4, zip code 06107, 36/12? Many thx!!

    .00043 and 60%
    $750 incentives

    Edmunds Price Checker
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  • DtDanTannaDtDanTanna Member Posts: 4
    Michaell, you’re the man! And lastly, MF / Resid / Incentives for a 2021 Cherokee Limited Lux 4x4. 36/12. Zip 06107.

    Last request from me I hope! So many trim levels out there and inventory in my area.
  • kyfdxkyfdx Moderator Posts: 207,889

    Michaell, you’re the man! And lastly, MF / Resid / Incentives for a 2021 Cherokee Limited Lux 4x4. 36/12. Zip 06107.

    Last request from me I hope! So many trim levels out there and inventory in my area.

    .00002 MF and 58% residual
    $1750 incentive

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  • Sgraziano89Sgraziano89 Boston, MAMember Posts: 47
    kyfdx said:

    Would you please provide the lease numbers (mf/resid) for a 2021 Jeep Cherokee Limited 2WD and 4WD for 36/12 in 02052. And incentives please?

    FWD: .00004 MF and 55% residual. $1310 incentive
    AWD: .00002 MF and 58% residual. $1750 incentive
    Could you also provide the MF and residual for the 4x4 Cherokee Limited with 42 months and 12K per yr?
  • MichaellMichaell ColoradoModerator Posts: 206,288

    kyfdx said:

    Would you please provide the lease numbers (mf/resid) for a 2021 Jeep Cherokee Limited 2WD and 4WD for 36/12 in 02052. And incentives please?

    FWD: .00004 MF and 55% residual. $1310 incentive
    AWD: .00002 MF and 58% residual. $1750 incentive
    Could you also provide the MF and residual for the 4x4 Cherokee Limited with 42 months and 12K per yr?
    42 month term not supported, this month

    Edmunds Price Checker
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  • Sgraziano89Sgraziano89 Boston, MAMember Posts: 47
    Michaell said:

    kyfdx said:

    Would you please provide the lease numbers (mf/resid) for a 2021 Jeep Cherokee Limited 2WD and 4WD for 36/12 in 02052. And incentives please?

    FWD: .00004 MF and 55% residual. $1310 incentive
    AWD: .00002 MF and 58% residual. $1750 incentive
    Could you also provide the MF and residual for the 4x4 Cherokee Limited with 42 months and 12K per yr?
    42 month term not supported, this month
    Strange. The dealer I am in talks with initially offered $392 for 36/12 included registration/sales tax/fees. I told him I'd like to see that closer to $350 based on the figures I've used from here. He came back with $359 for 42 months. Do you have any advice?
  • MichaellMichaell ColoradoModerator Posts: 206,288

    Michaell said:

    kyfdx said:

    Would you please provide the lease numbers (mf/resid) for a 2021 Jeep Cherokee Limited 2WD and 4WD for 36/12 in 02052. And incentives please?

    FWD: .00004 MF and 55% residual. $1310 incentive
    AWD: .00002 MF and 58% residual. $1750 incentive
    Could you also provide the MF and residual for the 4x4 Cherokee Limited with 42 months and 12K per yr?
    42 month term not supported, this month
    Strange. The dealer I am in talks with initially offered $392 for 36/12 included registration/sales tax/fees. I told him I'd like to see that closer to $350 based on the figures I've used from here. He came back with $359 for 42 months. Do you have any advice?
    He could be using Ally or US Bank for their quote; we don't have those programs available to us, so I've got no feedback.

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  • DtDanTannaDtDanTanna Member Posts: 4
    Thanks for all the help so far! Before I put an offer on a 2021 Cherokee Limited, the dealer website pricing has his disclaimer. Is there anything in here that would not be eligible for a lease? I am returning a leased vehicle to the same dealer so I know there is incentive on that:

    $2750 - 2021 Retail Consumer Cash **CM1 (All Regions).
    $500 - 2021 Returning Lessee 38CMB3 (EP Eligible).
    $750 - 2021 National Non-Prime Retail Bonus Cash 21CM1V
    $750 - Chrysler Capital 2021 Bonus Cash 20CM5.
  • MichaellMichaell ColoradoModerator Posts: 206,288

    Thanks for all the help so far! Before I put an offer on a 2021 Cherokee Limited, the dealer website pricing has his disclaimer. Is there anything in here that would not be eligible for a lease? I am returning a leased vehicle to the same dealer so I know there is incentive on that:

    $2750 - 2021 Retail Consumer Cash **CM1 (All Regions).
    $500 - 2021 Returning Lessee 38CMB3 (EP Eligible).
    $750 - 2021 National Non-Prime Retail Bonus Cash 21CM1V
    $750 - Chrysler Capital 2021 Bonus Cash 20CM5.

    Here is what we show for the lease incentives:

    $750 Chrysler Capital 2021 Bonus Cash 20CM5 exp. 11/02/2020
    $1000 2021 Northeast Lease Bonus Cash NELMB exp. 11/02/2020

    You'll likely also get the $500 loyalty, if you are a returning customer.

    Anything with "retail" in the name is for purchase only.

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  • farisnearfarisnear Member Posts: 66
    Can I get the MF, residual % and incentives for a 2021 Cherokee Limited 4x4 for 36 months/10,000 miles in zip code 60564? Also do you know if Costco incentive would be eligible? Thanks.
  • kyfdxkyfdx Moderator Posts: 207,889
    farisnear said:

    Can I get the MF, residual % and incentives for a 2021 Cherokee Limited 4x4 for 36 months/10,000 miles in zip code 60564? Also do you know if Costco incentive would be eligible? Thanks.

    .00002 MF and 59% residual
    $750 incentive

    No info on Costco

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  • khtnolekhtnole Member Posts: 10
    edited October 2020
    Can I get the MF, residual % and incentives for a 2021 Cherokee Lux for 36 months/10,000 miles in zip code 32308?
  • MichaellMichaell ColoradoModerator Posts: 206,288
    khtnole said:

    Can I get the MF, residual % and incentives for a 2021 Cherokee Lux for 36 months/10,000 miles in zip code 32308?

    FWD or AWD?

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