2021 Grand Cherokee Lease

Marty_McFly14Marty_McFly14 Member Posts: 4
edited March 13 in Jeep
Greetings! I was recently offered a monthly lease payment amount and was curious if this was a high starting point. The dealership offered a $613 monthly lease payment which includes taxes for a 2021 Grand Cherokee 80th Anniversary 4x2 that includes the customer preferred package, power sunroof, remote start system, among other features. The lease term is 36month, 15K a year with $0 down. Is $613 a high starting point or reasonable starting point for this type of vehicle?

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  • kyfdxkyfdx Moderator Posts: 197,641

    Greetings! I was recently offered a monthly lease payment amount and was curious if this was a high starting point. The dealership offered a $613 monthly lease payment which includes taxes for a 2021 Grand Cherokee 80th Anniversary 4x2 that includes the customer preferred package, power sunroof, remote start system, among other features. The lease term is 36month, 15K a year with $0 down. Is $613 a high starting point or reasonable starting point for this type of vehicle?

    MSRP?
    Selling price?
    Adjusted CAP cost?
    Amount Due at Signing?
    Your location?

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  • Marty_McFly14Marty_McFly14 Member Posts: 4
    kyfdx said:

    Greetings! I was recently offered a monthly lease payment amount and was curious if this was a high starting point. The dealership offered a $613 monthly lease payment which includes taxes for a 2021 Grand Cherokee 80th Anniversary 4x2 that includes the customer preferred package, power sunroof, remote start system, among other features. The lease term is 36month, 15K a year with $0 down. Is $613 a high starting point or reasonable starting point for this type of vehicle?

    MSRP?
    Selling price?
    Adjusted CAP cost?
    Amount Due at Signing?
    Your location?
    MSRP? 44,405
    Selling price? 38,279
    Adjusted CAP cost? I am not sure
    Amount Due at Signing? I am not sure of this amount, I will inquire.
    Your location? 70810
  • MichaellMichaell ColoradoModerator Posts: 193,063

    kyfdx said:

    Greetings! I was recently offered a monthly lease payment amount and was curious if this was a high starting point. The dealership offered a $613 monthly lease payment which includes taxes for a 2021 Grand Cherokee 80th Anniversary 4x2 that includes the customer preferred package, power sunroof, remote start system, among other features. The lease term is 36month, 15K a year with $0 down. Is $613 a high starting point or reasonable starting point for this type of vehicle?

    MSRP?
    Selling price?
    Adjusted CAP cost?
    Amount Due at Signing?
    Your location?
    MSRP? 44,405
    Selling price? 38,279
    Adjusted CAP cost? I am not sure
    Amount Due at Signing? I am not sure of this amount, I will inquire.
    Your location? 70810
    The adjusted CAP is the selling price plus any taxes or fees you aren't paying up front.

    $600/mo for a $44K car is not a great lease, in my opinion. But, when we get all the numbers, we can check.

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    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

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