2021 Grand Cherokee Lease

Marty_McFly14

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?

kyfdx

Marty_McFly14 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?

Marty_McFly14

kyfdx said:

Marty_McFly14 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

Michaell

Marty_McFly14 said:

kyfdx said:

Marty_McFly14 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.