2021 Jeep Cherokee Lease Deals and Prices

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  • Ragingbull13Ragingbull13 Member Posts: 7
    Hey,

    Looking for MF, residual, and incentives for a 2021 Cherokee Latitude Lux AWD. Lease is 36/10 and zip code is 60558. Thanks!
  • kyfdxkyfdx Moderator Posts: 267,420

    Hey,

    Looking for MF, residual, and incentives for a 2021 Cherokee Latitude Lux AWD. Lease is 36/10 and zip code is 60558. Thanks!

    .00047 MF and 58% residual
    $1250 incentive

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  • SunDriverSunDriver Member Posts: 39
    Hi, can I please have the MF, residual and incentives for 2021 CHEROKEE 80TH ANNIVERSARY FWD for 36/10 in zip code 33351. Thanks in advanced.
  • MichaellMichaell Moderator Posts: 263,601
    SunDriver said:

    Hi, can I please have the MF, residual and incentives for 2021 CHEROKEE 80TH ANNIVERSARY FWD for 36/10 in zip code 33351. Thanks in advanced.

    .00016 and 57%
    $1750 incentives

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  • MiteyJoeMiteyJoe Member Posts: 27
    Hello, Looking for the MF and residual for a 2021 Cherokee Latitude Lux 4x4 39-month lease with 7,500 miles. Zip is 19073. Also, any current incentives?

    Thank you.
  • kyfdxkyfdx Moderator Posts: 267,420
    MiteyJoe said:

    Hello, Looking for the MF and residual for a 2021 Cherokee Latitude Lux 4x4 39-month lease with 7,500 miles. Zip is 19073. Also, any current incentives?

    Thank you.

    36/10

    .00047 MF and 58% residual
    $1750 incentive

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  • audi77707audi77707 Member Posts: 54
    Hi,

    I'm looking for MF, residual, tax rate, and incentives for: 2021 Cherokee Latitude Lux 4x4, 36 month lease with 7,500 miles in 20817.

    Thanks!
  • kyfdxkyfdx Moderator Posts: 267,420
    audi77707 said:

    Hi,

    I'm looking for MF, residual, tax rate, and incentives for: 2021 Cherokee Latitude Lux 4x4, 36 month lease with 7,500 miles in 20817.

    Thanks!

    36/10

    .00047 MF and 58% residual
    $750 incentive

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  • ZingkingZingking Member Posts: 11
    Can I have the MF and Residual for 2021 Cherokee Lattitude Lux FWD 3.2L at 36 months/ 10k, 91789?
  • MichaellMichaell Moderator Posts: 263,601
    Zingking said:

    Can I have the MF and Residual for 2021 Cherokee Lattitude Lux FWD 3.2L at 36 months/ 10k, 91789?

    .00003 and 55%
    $1500 incentives

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  • ZingkingZingking Member Posts: 11
    Michaell said:

    Zingking said:

    Can I have the MF and Residual for 2021 Cherokee Lattitude Lux FWD 3.2L at 36 months/ 10k, 91789?

    .00003 and 55%
    $1500 incentives
    Thank you Michaell for the prompt reply.
  • audi77707audi77707 Member Posts: 54
    Hi, can someone review my lease calc and tell me if it looks right or where an error may be? Thanks

  • MichaellMichaell Moderator Posts: 263,601
    audi77707 said:

    Hi, can someone review my lease calc and tell me if it looks right or where an error may be? Thanks

    I agree with the pre-tax amount.

    You have two different taxes, however. State of IL taxes the sum of the payments - if you don't pay them up front, they get added into the cap cost. That needs to be accounted for in your sheet.

    The City of Chicago then taxes that payment each month.

    What is the $700 fee? Shouldn't there be both a bank fee and a dealer doc fee?

    Do you have an actual quote from the dealer, or are you trying to prepare for battle by calculating things up front?

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  • MichaellMichaell Moderator Posts: 263,601
    Michaell said:

    audi77707 said:

    Hi, can someone review my lease calc and tell me if it looks right or where an error may be? Thanks

    I agree with the pre-tax amount.

    You have two different taxes, however. State of IL taxes the sum of the payments - if you don't pay them up front, they get added into the cap cost. That needs to be accounted for in your sheet.

    The City of Chicago then taxes that payment each month.

    What is the $700 fee? Shouldn't there be both a bank fee and a dealer doc fee?

    Do you have an actual quote from the dealer, or are you trying to prepare for battle by calculating things up front?
    Also, no negotiated discount from sticker?

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  • audi77707audi77707 Member Posts: 54
    Thanks for the clarification on the taxes. The fees are just placeholders right now and any negotiated discount can be added to the net cap reduction.

    I'm using this to prepare for battle but also have been quoted at $500-600/month for a Jeep Cherokee, which seems outrageous. Is the supply that low that dealers are able to get more aggressive?
  • kyfdxkyfdx Moderator Posts: 267,420
    audi77707 said:

    Thanks for the clarification on the taxes. The fees are just placeholders right now and any negotiated discount can be added to the net cap reduction.

    I'm using this to prepare for battle but also have been quoted at $500-600/month for a Jeep Cherokee, which seems outrageous. Is the supply that low that dealers are able to get more aggressive?

    We have no idea of supply or pricing. Shop more dealers

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  • SalmonSalmon Member Posts: 16
    Hi, can I please have the MF, RV and any incentives for the AWD Cherokee Limited 10k/36 months in 11357? Thank you!
  • MichaellMichaell Moderator Posts: 263,601
    Salmon said:

    Hi, can I please have the MF, RV and any incentives for the AWD Cherokee Limited 10k/36 months in 11357? Thank you!

    .00002 and 57%
    $1750 incentives

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  • MiteyJoeMiteyJoe Member Posts: 27
    Would you have any feedback on lease acquisition costs? With prior leases, this has typically been $650. The dealer we are working with is looking to charge us $1,335. In our experience, this seems high for what is basically a bank fee.
  • kyfdxkyfdx Moderator Posts: 267,420
    MiteyJoe said:

    Would you have any feedback on lease acquisition costs? With prior leases, this has typically been $650. The dealer we are working with is looking to charge us $1,335. In our experience, this seems high for what is basically a bank fee.

    For Chrysler Capital, the 36 month acquisition fee is $595. Dealers can mark it up to $895.

    If it's higher than that, it is likely a different bank. That does seem egregious

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  • TNJedTNJed Member Posts: 16
    looking for MF / RV / Incentives for Cherokee TrailHawk 24/12
    looking for MF / RV / Incentives for Cherokee Latitude 4x4 24/12 (4 turbo or V6)

    ZIP 17050
  • kyfdxkyfdx Moderator Posts: 267,420
    TNJed said:

    looking for MF / RV / Incentives for Cherokee TrailHawk 24/12
    looking for MF / RV / Incentives for Cherokee Latitude 4x4 24/12 (4 turbo or V6)

    ZIP 17050

    Trailhawk
    .00068 MF and 65% residual
    $750 incentive

    No lease programs on the base Latitude

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  • KennyRaymKennyRaym Member Posts: 5
    Looking for MF / RV / Incentives for Jeep Cherokee Limited (msrp of 37,500) zip:02494
    12/10 k miles
    36/42 months
  • MichaellMichaell Moderator Posts: 263,601
    KennyRaym said:

    Looking for MF / RV / Incentives for Jeep Cherokee Limited (msrp of 37,500) zip:02494
    12/10 k miles
    36/42 months

    FWD or AWD?

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  • KennyRaymKennyRaym Member Posts: 5
    Michaell said:

    KennyRaym said:

    Looking for MF / RV / Incentives for Jeep Cherokee Limited (msrp of 37,500) zip:02494
    12/10 k miles
    36/42 months

    FWD or AWD?
    AWD
  • MichaellMichaell Moderator Posts: 263,601
    KennyRaym said:

    Michaell said:

    KennyRaym said:

    Looking for MF / RV / Incentives for Jeep Cherokee Limited (msrp of 37,500) zip:02494
    12/10 k miles
    36/42 months

    FWD or AWD?
    AWD
    36/12
    .00002 and 56%
    $1750 incentives

    Longer terms not supported

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  • lern2lvewithitlern2lvewithit Member Posts: 52
    Hello, can someone please provide me with the MF and Residual for a 2021 Jeep Cherokee Limited in 33428 for 10k and12k miles and 36 month lease, also any rebates?

    Thank You Very Much
  • MichaellMichaell Moderator Posts: 263,601

    Hello, can someone please provide me with the MF and Residual for a 2021 Jeep Cherokee Limited in 33428 for 10k and12k miles and 36 month lease, also any rebates?

    Thank You Very Much

    FWD or AWD?

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  • lern2lvewithitlern2lvewithit Member Posts: 52
    Michaell said:

    Hello, can someone please provide me with the MF and Residual for a 2021 Jeep Cherokee Limited in 33428 for 10k and12k miles and 36 month lease, also any rebates?

    Thank You Very Much

    FWD or AWD?
    FWD...sorry forgot to add that
  • MichaellMichaell Moderator Posts: 263,601

    Michaell said:

    Hello, can someone please provide me with the MF and Residual for a 2021 Jeep Cherokee Limited in 33428 for 10k and12k miles and 36 month lease, also any rebates?

    Thank You Very Much

    FWD or AWD?
    FWD...sorry forgot to add that
    36/12
    .00014 and 55%
    $1750 customer incentives

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  • nomad317nomad317 Member Posts: 111
    Looking for MF/Res and incentives for 36mo/10k on Cherokee Latitude LUX 4x4. Zip 46614. Thanks!
  • kyfdxkyfdx Moderator Posts: 267,420
    nomad317 said:

    Looking for MF/Res and incentives for 36mo/10k on Cherokee Latitude LUX 4x4. Zip 46614. Thanks!

    .00047 MF and 58% residual
    $1250 incentive

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  • LQR1011LQR1011 Member Posts: 1
    What is the MF and residual for a 2021 Grand Cherokee Limited 2x4?

    Zip is 78732 (or 75006 if that changes anything)

    Any incentives?

    Thanks so much!
  • kyfdxkyfdx Moderator Posts: 267,420
    LQR1011 said:

    What is the MF and residual for a 2021 Grand Cherokee Limited 2x4?

    Zip is 78732 (or 75006 if that changes anything)

    Any incentives?

    Thanks so much!

    Grand Cherokee discussion

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  • lern2lvewithitlern2lvewithit Member Posts: 52
    Hello, since it is the first of the month has the MF and Residual changed or too early and changing in a few days? If they did change can someone please provide me with the MF and Residual for a 2021 Jeep Cherokee Limited FWD in 33428 for 10k and12k miles and 36 month lease, also any rebates?

    Thank You Very Much
  • kyfdxkyfdx Moderator Posts: 267,420

    Hello, since it is the first of the month has the MF and Residual changed or too early and changing in a few days? If they did change can someone please provide me with the MF and Residual for a 2021 Jeep Cherokee Limited FWD in 33428 for 10k and12k miles and 36 month lease, also any rebates?

    Thank You Very Much

    New programs start on Tuesday

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  • lovedeals4evalovedeals4eva Member Posts: 5
    Hello! Can I please get MF, RV, and incentives on a 2021 Cherokee Limited 4x4 elite package for 36/12 and 36/10 for zip code 10475.

    I currently lease a 2019 Cherokee Limited.

    Thank you!
  • kyfdxkyfdx Moderator Posts: 267,420

    Hello! Can I please get MF, RV, and incentives on a 2021 Cherokee Limited 4x4 elite package for 36/12 and 36/10 for zip code 10475.

    I currently lease a 2019 Cherokee Limited.

    Thank you!

    36/12
    .00014 MF and 55% residual
    $750 incentive

    We don't have the loyalty information

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  • lern2lvewithitlern2lvewithit Member Posts: 52
    Hello,

    Not sure if anyone knows or can confirm this information. I am currently leasing a 2019 Jeep Cherokee Limited FWD for $297 a month. Its got 10k miles / year 36 month lease.

    The dealer told me today that Jeep in 2018 was pushing leases, but right now they are not and pushing to finance. So their offer for a lease of the 2021 Jeep Cherokee Limited for 12k miles / year on 36 month lease was almost $600/ month with $1k down.

    Can anyone confirm that this is correct with Jeep leases now? Like this is crazy...more then double the amount im paying now.

    Thanks
  • MichaellMichaell Moderator Posts: 263,601

    Hello,

    Not sure if anyone knows or can confirm this information. I am currently leasing a 2019 Jeep Cherokee Limited FWD for $297 a month. Its got 10k miles / year 36 month lease.

    The dealer told me today that Jeep in 2018 was pushing leases, but right now they are not and pushing to finance. So their offer for a lease of the 2021 Jeep Cherokee Limited for 12k miles / year on 36 month lease was almost $600/ month with $1k down.

    Can anyone confirm that this is correct with Jeep leases now? Like this is crazy...more then double the amount im paying now.

    Thanks

    Lease programs are not as good as they were several years ago.

    Buying will always result in a higher payment, as you are financing the entire selling price of the vehicle - with leasing, you are only financing the portion the bank believes the car will depreciate.

    Check with another dealer; lots of folks are leasing Cherokees.

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  • lern2lvewithitlern2lvewithit Member Posts: 52
    Michaell said:

    Hello,

    Not sure if anyone knows or can confirm this information. I am currently leasing a 2019 Jeep Cherokee Limited FWD for $297 a month. Its got 10k miles / year 36 month lease.

    The dealer told me today that Jeep in 2018 was pushing leases, but right now they are not and pushing to finance. So their offer for a lease of the 2021 Jeep Cherokee Limited for 12k miles / year on 36 month lease was almost $600/ month with $1k down.

    Can anyone confirm that this is correct with Jeep leases now? Like this is crazy...more then double the amount im paying now.

    Thanks

    Lease programs are not as good as they were several years ago.

    Buying will always result in a higher payment, as you are financing the entire selling price of the vehicle - with leasing, you are only financing the portion the bank believes the car will depreciate.

    Check with another dealer; lots of folks are leasing Cherokees.
    Thanks for the info Michaell. I just couldn't believe that was the price they were giving me. double what im paying now. I wonder if i could get a similar deal on a Cherokee to what i am paying now.
  • kyfdxkyfdx Moderator Posts: 267,420

    Michaell said:

    Hello,

    Not sure if anyone knows or can confirm this information. I am currently leasing a 2019 Jeep Cherokee Limited FWD for $297 a month. Its got 10k miles / year 36 month lease.

    The dealer told me today that Jeep in 2018 was pushing leases, but right now they are not and pushing to finance. So their offer for a lease of the 2021 Jeep Cherokee Limited for 12k miles / year on 36 month lease was almost $600/ month with $1k down.

    Can anyone confirm that this is correct with Jeep leases now? Like this is crazy...more then double the amount im paying now.

    Thanks

    Lease programs are not as good as they were several years ago.

    Buying will always result in a higher payment, as you are financing the entire selling price of the vehicle - with leasing, you are only financing the portion the bank believes the car will depreciate.

    Check with another dealer; lots of folks are leasing Cherokees.
    Thanks for the info Michaell. I just couldn't believe that was the price they were giving me. double what im paying now. I wonder if i could get a similar deal on a Cherokee to what i am paying now.
    Not likely

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  • lern2lvewithitlern2lvewithit Member Posts: 52
    kyfdx said:

    Michaell said:

    Hello,

    Not sure if anyone knows or can confirm this information. I am currently leasing a 2019 Jeep Cherokee Limited FWD for $297 a month. Its got 10k miles / year 36 month lease.

    The dealer told me today that Jeep in 2018 was pushing leases, but right now they are not and pushing to finance. So their offer for a lease of the 2021 Jeep Cherokee Limited for 12k miles / year on 36 month lease was almost $600/ month with $1k down.

    Can anyone confirm that this is correct with Jeep leases now? Like this is crazy...more then double the amount im paying now.

    Thanks

    Lease programs are not as good as they were several years ago.

    Buying will always result in a higher payment, as you are financing the entire selling price of the vehicle - with leasing, you are only financing the portion the bank believes the car will depreciate.

    Check with another dealer; lots of folks are leasing Cherokees.
    Thanks for the info Michaell. I just couldn't believe that was the price they were giving me. double what im paying now. I wonder if i could get a similar deal on a Cherokee to what i am paying now.
    Not likely
    Need a dislike button for that comment!
  • MichaellMichaell Moderator Posts: 263,601

    Michaell said:

    Hello,

    Not sure if anyone knows or can confirm this information. I am currently leasing a 2019 Jeep Cherokee Limited FWD for $297 a month. Its got 10k miles / year 36 month lease.

    The dealer told me today that Jeep in 2018 was pushing leases, but right now they are not and pushing to finance. So their offer for a lease of the 2021 Jeep Cherokee Limited for 12k miles / year on 36 month lease was almost $600/ month with $1k down.

    Can anyone confirm that this is correct with Jeep leases now? Like this is crazy...more then double the amount im paying now.

    Thanks

    Lease programs are not as good as they were several years ago.

    Buying will always result in a higher payment, as you are financing the entire selling price of the vehicle - with leasing, you are only financing the portion the bank believes the car will depreciate.

    Check with another dealer; lots of folks are leasing Cherokees.
    Thanks for the info Michaell. I just couldn't believe that was the price they were giving me. double what im paying now. I wonder if i could get a similar deal on a Cherokee to what i am paying now.
    Do you have the details behind that quote?

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  • lovedeals4evalovedeals4eva Member Posts: 5

    Hello! Could you please provide May numbers for a 2021 Cherokee Limited 4x4 for 36/10K in 10475? Also is the acquisition fee still waived if leased through Chrysler Capital? Thank you.

  • kyfdxkyfdx Moderator Posts: 267,420

    @lovedeals4eva said:
    Hello! Could you please provide May numbers for a 2021 Cherokee Limited 4x4 for 36/10K in 10475? Also is the acquisition fee still waived if leased through Chrysler Capital? Thank you.

    .00007 MF and 56% residual
    $2250 incentive

    No acquisition fee info this month, yet.

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  • brimasbrimas Member Posts: 57

    Hi do you have current numbers for May? Limited, 4WD, 36/12 and 36/10 in 12603?

  • kyfdxkyfdx Moderator Posts: 267,420

    @brimas said:
    Hi do you have current numbers for May? Limited, 4WD, 36/12 and 36/10 in 12603?

    36/12
    .00007 MF and 55% residual
    $2250 incentive

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  • lern2lvewithitlern2lvewithit Member Posts: 52

    @Michaell said:
    Do you have the details behind that quote?

    this is the quote they gave me.

  • lern2lvewithitlern2lvewithit Member Posts: 52

    Hello, since its the new month can someone please provide me with the MF and Residual for a 2021 Jeep Cherokee Limited FWD in 33428 for 10k and12k miles and 36 month lease, also any rebates/incentives?

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