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2013 and earlier Jeep Grand Cherokee Lease Questions
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Comments
Thanks for the heads-up (although it's too late for me, if there is a problem!)
Im also adding in 3 end payments from the current lease to the new lease totaling $1126. The dealer is quoting me $500 per month for 36 months and 12,000 miles. Do you think this is a good deal?
Also if they are adding in 3 payments from my current lease should these payments include the interest per month that I have been paying or should these remaining 3 payments be reduced?
His offer is $30,650 for the 08 Jeep, 3.7, 26x package. This is already reduced by a 4,000 rebate. I do not qualify for the loyalty 1,000 because i am ending my current lease early. Also add on $1,125 for my remaining 3 payments of my current lease to his offer.
Hes giving me $500 per month at .09 percent, 36 months, 12,000 miles. $0 down, only first payment
the MSRP is $36,720 and the invoice price is $33,562
08 Jeep GC V6, 26X, Nav
MSRP 36,910
Inv: 33,729
GCC: 32,972
CCR: 5,000 (3K, 1K, 1K)
ACC: 27,972
Res Val: 16,978
3yr. / 36K
$325/mo (not incl tax)
$100 toop
Unfortunately, I am not very good at the lease calculations etc... At the time I qualified for all of the rebates etc... To be honest it sounds a bit high.
I just came out of a lease on an 05 Hemi Ltd and was only at 460/mo. w/ tax..
The 1200 in remaining payments should translate to $30 - $40 additional per month max.... I would try hitting a couple other dealers to keep them honest.
Can you please provide the current rate and residual Chrysler Financial is providing on the 2008 Grand Cherokee Laredo for a 36 month lease with 12K miles per year?
Thank you.
For a 36mo/15K lease they are offering a residual of 44% and MF of 0.00083. Is that right? Is there a listing of the residuals and money factors somewhere like other captive banks or does Chrysler only tell the dealerships?
I will still negotiate the cap cost, but it looks like a bum MF from other MF's I have seen on the forum.
Thanks!
Mike
He quoted me 46% for a 12K mile per year 36mo lease. So I see your point. I'd like to get down to your MF of .00062. I have great credit, so I don't see why I'm getting a bad MF. Did you negotiate the MF or was it just the time of year etc.?
Thanks, Mike
36month, 15K a year
$555.00 a month (taxes and fees included)
First month payment due at signing
MSRP- $43,440 plus $695 destination.
Is this a good deal?
Chrysler is also absorbing 5 lease payments, per pull-ahead program.
The deal of $555.00 includes everything, (including 7% NJ sales tax).
First payment of $555.00 is due at signing.
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
For now I can work up an approximate payment for you. A 2008 Jeep Grand Cherokee Overland 2WD probably has a spread of around $3,600 between its MSRP and its dealer invoice price. Add to this the $3,500 lease cash that is currently available on this model and we get $7,100. Assuming that you were able to get this truck for $500 over invoice would result in an approximate selling price of $35,470. According to my calculations, if you were to lease a 2008 Jeep Grand Cherokee Overland 2WD that has an MSRP of $42,070 and a selling price of $35,470 through Chrysler Financial right now for 24 months with 12,000 miles per year, your zero down, pre-tax monthly payment should be around $594. As you can see, this is amazingly close to the payment that you were quoted. It looks like you are getting a pretty good deal to me, but again I don't know this truck's exact selling price.
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
What vehicle are you currently leasing? If it is a Chrysler product, you may be eligible to have your remaining payments waived for free through Chrysler Financial's early lease termination program instead of rolling them into your new lease.
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
36month
15k a year
MSRP- $43.440
$565 a month, sign and drive, $0 due at signing (7% NJ sales tax and all fees included)
I did a search and could not find a definite answer. Am I getting a good deal. I have been quoted on a 2008 GJC Laredo 4x4, X package, w/ blue tooth. MSRP $35,775. $429 a month, 36 months, 12,000 miles, w/ $1900 due at signing. What do you think? Sorry, I don't have the selling price at this time.
Can you share the dealer information. I am in a market to lease a one soon.
Paramus, NJ
Can I have the Money factor and residual for a Jeep Laredo 4x4 with 15k miles for 36 months.
Thanks.
I visited the local Jeep dealership and here is what they try to hose me down with. JGC Limited 4X4, MSRP of $43,890, Net Cap Cost $39,330.04, Residual 45%, MF .00041, 0 down, $585.14/month 36month/12K year. They would make the first payment of 585.14. After perusing your comments on previous quotes, I came up with a counteroffer of NetCap Cost of $37170, which I calculate to be about $522.42/month. Can I do better? Thanks for your advice!!!
Area: Southeast (Atlanta)
2008 Jeep Grand Cherokee Limited 4x4 / 2008 Jeep Grand Cherokee Overland 4x2
MSRP: $40,325 / $39,800
Term: 24 Months
Miles: 10,000
I have a spreadsheet that I've worked up for all of my leases but I'm having a hard time finding the MF rates. If you could provide both Tier 1 and Tier 2 that would be great. Thanks!!!
Michael :confuse:
Thanks in advance.Sasha7
I had a quick question that maybe someone can help with.
My wife and I are returning a 2006 Liberty lease for a 2008 Overland lease. It's being built right now... but I was trying to find out what the "New Day" special is on the Overland model... the Jeep website shows MyGIG for the Limited, but according to all the books, it's supposed to be standard on the Overland. When I (mistakenly) e-mailed Chrysler from the link, I was told to ask the dealer (lots of help there, huh?) and the dealer said it's too new for them.
Anyone have any ideas?
Thanks,
Kurt
I think it is a credit of $900 (the value of the offer in the Limited) but no one can tell me. That's why I was asking. Jeep was of no help.
- K
thanks for making me feel a little less crazy. My car is to be ready on 3/6/08, so I'll see what "NewDay" has in store then. The internet rep from the dealer says it was ordered with the "New Day Package" but I don't think they know what that means, either. I was quoted a "special" MSRP that happened to be $900 less than the usual... coupled with supplier discount, military, returning lessee, and the cash back (which looks to have been upped for March) it seems that I should be getting over $10500 off MSRP!
I wonder what the residual is... and does anyone know if it's based on MSRP or what you pay after discounts?
Thanks,
Kurt
- K
I have a JGC Overland on order as well. It's scheduled to ship from the factory on 3/7. This will be my first Jeep and will replace a 2001 Infiniti QX4 with 180,000 miles on it and which I have owned since new, It was an excellent vehicle and I would buy another but they discontinued the QX4 model and I don't like the styling of the FX45. Hope the Jeep turns out to be as good and last as long.