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2013 and earlier Jeep Grand Cherokee Lease Questions
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Apparently Allied no longer uses MF and instead uses interest rates because MF just confuses everyone!
2012 Jeep GC Overland
MSRP: $47,585
Negotiated Price: $41,985
Terms: 36 Month w/ 15k miles @ .55 interest through Ally (I don't think they do money factor)
The sales reps also told me he factored in the $1,500 lease incentive.
Monthly cost $559 + $36 in tax = $595 total
I'm negotiating on the phone right now as I don't believe in going to the dealer unless the price is firm.
Any way to lease through someone other than ally?
Thank you.
I was quoted for JGC Laredo with X and E package a 38625 msrp with selling cost 36285. They quoted a money factor of .0012 that I think equates to 2.88%. They didn't mention the bank but seems fairly high. Residual was 55% for 12k and 39month lease. Any thoughts on what money factor is this month?
Can you please list the MF & Residual for a 2012 JGC 4x4 Laredo E Package for 12k/36 months? You have been so helpful for all my leases in the past and I appreciate any info you can give.
Thanks!
Steve
Can you please post the residual and MF for a 2012 JGC Laredo 4x4 for 3yrs/36k? Many thanks,
Steve
thanks in advance.
When negotiating your deal on this truck, make sure to take advantage of the $1,500 cash incentive that is currently available on leases of it.
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
Can someone tell me what's the absolute best lease deal on this vehicle with 12k/36 or 39 mo lease? I've been offered $360 per month payment (includes tax of 6.75) and that is with 2,000 cash due at signing.
I don't know what the actual sale price is but it's probably around 30,000. Dealer said there is 1,500 insentive and then they can deduct additional $500 but not more.
Thoughts? Thank you so much!
Can someone share their REAL LIFE experience with 2012 Grand Cherokee, particularly gas mileage. What is the average you get in the city and freeway? I know what EPA estimates are but what's your real life experience? Thanks for sharing.
The gas mileage wasn't great. About 17 -20 average. Also service prices were very very high. However that wasn't until I hot about 70K miles..
After trying a supposedly less expensive car (VW Passat) turns out it cost me just as much as a new Laredo would cost me on a lease, and there is a world of difference. I loved my Jeep! Great great automobile.
I leased a 2012 Grand Cherokee Laredo Altitude 4x4 5.7L from Lithia about 10 days ago. The price is great: MSRP ~$42K. The price before TTL is ~$36K which is used to calculate the down payment and monthly payments.
However, there's a serious problem that I identified after I drove it a couple days. The RPM would go up to 4k+ while the car was not gaining much speed (40-50 miles per hour), each time after I drove the car for 30-60 minutes. The only thing I did was turning on the air conditioning, before or while I was accelerating on the ramp to get onto the highway - then there's noticeable increase with the RPM to 4K+ while other parameters remained about the same. Typically the RPM stays in 1K to 2K range. The typically toggling "ECO" indicator disappeared. It seemed that the 8 cylinder mode is running. There must be something wrong with the transmission, or some sensors.
I have a couple of questions:
1) the lease is with the Ally bank. Should Ally, Chrysler, or the Lithia dealer be taking care of the problem?
2) This is a brand new Jeep. When I leased it, the mileage is less than 50. Is this considered a lemon car such that the lease should be invalidated?
3) I called the dealer. they were hesitating that I use the 24-hour assistance/towing service. they said they will have the service department to pick up the Jeep tomorrow. Do you think I should actually insist on using the Jeep 24-towing service, and/or tow the car to a different dealer (5 miles away) so that they can independently check the Jeep?
thanks for your help.
You won't be able to have your truck declared a lemon until this probably persists for quite some time with several unsuccessful attempts by the dealer to repair it.
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
Can you please post residuals and money factors for a 2012 Jeep Cherokee Altitude 4X2 and 4X4 for 39 months 15k/yr. Is there a residual change for a V8 or V6 as well. The availability of these cars are light so I have to be pretty open.
Also do you know of the lease incentives or rebates.
Thanks for all your help Car_Man you are a life saver!
Could you please provide me with the MF and residual on a 2012 GC Overland V8? My understanding is that Jeep uses several financing instructions. Thanks for your help.
Brooklyn guy.
Please let me clarify: I'm looking for the MF and residual on a 2012 JGC Overland V8 on 39 Month Lease (sweet spot I'm told) with 12K in the New York area.
Thanks for all your help.
Brooklyn man.
When negotiating your deal on this truck, make sure to take advantage of the $1,500 cash incentive that is currently available on leases of it.
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
2nd - Any chance anyone can tell me what the tier 1 MF and residual is for a '12 Jeep GC Limited 4x4?
I've spent time putting together a lease breakdown to take back to that last dealer in the morning and tell them this is it or no deal. The lease sheets this particular dealer sends you out with don't list all the lease details and so I ran the numbers and they're of course hiding thousands of dollars somewhere. Frustrating!
Can you please post the base lease rate and residual for the following?
2013 Grand Cherokee Limited 4X2 - 36 months/15K a year
2013 Grand Cherokee Limited 4X2 - 36 months/12K a year
We're looking in San Diego, CA.
Thanks so much,
Brett
While I don't know the base rate MF nor RV for lease terms in question, I leased our GC Ltd 4x4 from Bob Baker in Carlsbad. I worked with their internet sales team, and I would suggest contacting the gentleman with the initials NR or his boss. They were transparent on MF and RV which were identical to the rates that CarMan provided. It was seamless transaction as everything was done over email and phone, and I simply picked up the truck.
Cheers!
When negotiating your deal on this truck, make sure to take advantage of the $1,500 cash incentive that is currently available on leases of it.
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
The residual value for a lease with only 12,000 miles per year would be 2% higher.
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
Are the numbers and incentive the same for the Overland and Laredo trim models?
I'm assuming that leasing a 2012 is a better deal as the interest looks negligible and there's $1500 incentive, but if the 2013 has a much higher residual it might not be that much of a difference. If the cash incentive goes up over time, then the 2012 gets more attractive to me as December rolls around.
Thanks much for your expertise and time!
I just signed a new lease for my first Jeep but wanted to see if I got a good deal. I got a 2013 Grand Cherokee Limited 4x4 5.7L V8 with Luxury Group II package.
MSRP $43,310
Negotiated Price $38,900
Cap Cost Reductions $3,250
$747.35 due at start which includes the title, registration and license fees
Monthly payments $484.35
12k miles per year / 39 months
Money factor is 0.00055
Residual is 49%
Buy out at end of lease is $21,571
I also got the dealership to throw in 3 years of free maintenance. This is from a dealership on Long Island. How did I do?
Congrats on the purchase of your new 2013 Jeep Grand Cherokee Limited!
Sounds like you worked out a pretty good deal for yourself! As long as you are happy with your purchase and feel good about it - it doesn't matter what anyone else thinks.
Enjoy your new ride!
Lisa
Customer Care
Chrysler Group LLC
It's difficult to say what Chrysler's incentives on the Grand Cherokee will be like in December, but I personally doubt that they will have less support on it then. Of course, only time will tell for certain.
The numbers for the other trim levels that you asked about are different.
Ally's September base lease rate and residual value for a 36-month lease of a 2012 Jeep Grand Cherokee Laredo 4WD with 15,000 miles per year are 1.5% and 50%, respectively.
Ally's September base lease rate and residual value for a 36-month lease of a 2012 Jeep Grand Cherokee Overland 4WD with 15,000 miles per year are 2.1% and 47%, respectively.
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
negotiated selling price $37,000 Plus incentives 2300
10,500 miles a year for 36 months
1000 down ( first month plus whatever to equal 1k)
monthly- $415.00
Thank you
Money Factor & Residual 2013 Jeep GC Laredo
-Automatic, 4X4, V6
-39 month lease
-15,000 miles/year
-Denver, CO area
Thanks!!
Thank you for all the great information. Can you please help with:
Incentives, Money Factor & Residual 2012 Jeep GC Laredo Altitude
-Automatic, 4X4, V6
-36/39 month lease
-10,000 miles/year
-Chicago area