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2015 Jeep Grand Cherokee Lease Questions

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  • mikeysedmikeysed Member Posts: 63
    Hi my dealer has a 2014 Jeep Grand Cherokee Altitude ... for Sept what are the MF and residual for 15K a year... 33/36/39 months.. not sure what the best is?

    Also, they have a 2015 Altitude ... what are the MF and residual for the 2015?

    I want to compare both as I can still lease both... wonder how big of a diff there is.

    Thank you in advance kyfdx!
  • kyfdxkyfdx Moderator Posts: 235,200
    kris301 said:

    Looking for the numbers for 2015 Limited 4x4 24 or 27 months at 10k/yr in MA. Also 2015 Altitude 4x4 same, 24/27 at 10k/yr. Thanks!

    Altitude: .00056 MF and 61% residual

    Limited: .00020 MF and 61% residual

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  • kyfdxkyfdx Moderator Posts: 235,200
    mikeysed said:

    Hi my dealer has a 2014 Jeep Grand Cherokee Altitude ... for Sept what are the MF and residual for 15K a year... 33/36/39 months.. not sure what the best is?

    Also, they have a 2015 Altitude ... what are the MF and residual for the 2015?

    I want to compare both as I can still lease both... wonder how big of a diff there is.

    Thank you in advance kyfdx!

    2014: .00016 and 50% residual for 39mo, 15K/yr

    2015: .00093 and 51% residual

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  • mikeysedmikeysed Member Posts: 63
    kyfdx said:

    mikeysed said:

    Hi my dealer has a 2014 Jeep Grand Cherokee Altitude ... for Sept what are the MF and residual for 15K a year... 33/36/39 months.. not sure what the best is?

    Also, they have a 2015 Altitude ... what are the MF and residual for the 2015?

    I want to compare both as I can still lease both... wonder how big of a diff there is.

    Thank you in advance kyfdx!


    2014: .00016 and 50% residual for 39mo, 15K/yr

    2015: .00093 and 51% residual
    Thank you! The above numbers for kris301 look like much better for 2015 model. I know he has less miles but still seem off... maybe 24/27 better? what about 24/27 months for me at 15K a year on Altitude
  • kyfdxkyfdx Moderator Posts: 235,200
    mikeysed said:

    kyfdx said:

    mikeysed said:

    Hi my dealer has a 2014 Jeep Grand Cherokee Altitude ... for Sept what are the MF and residual for 15K a year... 33/36/39 months.. not sure what the best is?

    Also, they have a 2015 Altitude ... what are the MF and residual for the 2015?

    I want to compare both as I can still lease both... wonder how big of a diff there is.

    Thank you in advance kyfdx!


    2014: .00016 and 50% residual for 39mo, 15K/yr

    2015: .00093 and 51% residual
    Thank you! The above numbers for kris301 look like much better for 2015 model. I know he has less miles but still seem off... maybe 24/27 better? what about 24/27 months for me at 15K a year on Altitude
    Altitude: .00056 MF and 59% residual for 27mo, 15K/yr.

    That won't be any cheaper than the 39 month lease.... probably more.

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  • kris301kris301 Member Posts: 34
    Thanks kyfdx! Could you also supply me with 2014 numbers for same setup. Very much appreciated.
  • MichaellMichaell Moderator Posts: 240,142
    kris301 said:

    Looking for the numbers for 2014 Limited 4x4 24 or 27 months at 10k/yr in MA. Also 2014 Altitude 4x4 same, 24/27 at 10k/yr. Thanks!

    2014 numbers - 27 months is the preferred lease term this month.

    Limited - .00020 and 53%

    Altitude - .00014 and 51%

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  • ec61ec61 Member Posts: 2
    Looking for numbers for 2015 Limited 4x4, 12k/year, 36 months. Also, same numbers for 2014, although assuming that the 2014 would be less expensive.
  • MichaellMichaell Moderator Posts: 240,142
    ec61 said:

    Looking for numbers for 2015 Limited 4x4, 12k/year, 36 months. Also, same numbers for 2014, although assuming that the 2014 would be less expensive.

    What state is this? Chrysler numbers this month are regional.

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  • ec61ec61 Member Posts: 2
    Sorry. Massachusetts, although I am on the RI line, so could work a deal there as well.
  • MichaellMichaell Moderator Posts: 240,142
    ec61 said:

    Looking for numbers for 2015 Limited 4x4, 12k/year, 36 months. Also, same numbers for 2014, although assuming that the 2014 would be less expensive. Massachusetts, although I am on the RI line, so could work a deal there as well.

    2015 - .00053 and 53% for 36/15

    2014 - .00020 and 52% for 39/15

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  • cheyjey1cheyjey1 Member Posts: 11
    edited September 2014
    Could I please have Residual and MF in California on
    2015 Overland 4x2 24m/10k
    2014 Overland 4x2 24m/10k
  • kyfdxkyfdx Moderator Posts: 235,200
    cheyjey1 said:

    Could I please have Residual and MF in California on
    2015 Overland 4x2 24m/10k
    2014 Overland 4x2 24m/10k





    2015: .00034 MF and 62% residual

    2014: .00034 MF and 53% residual (27 months on 2014 model. No 24 month term avail.)

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  • wakka26wakka26 Member Posts: 4
    Residual and MF in NYC over a variety of options:
    4x4
    2014 & 2015 Overland - 27m & 36m/ 12K
    2014 & 2015 Summit - 27m & 36m/ 12K

    Thanks for everything, this forum has been helpful.
  • MichaellMichaell Moderator Posts: 240,142
    wakka26 said:

    Residual and MF in NYC over a variety of options:
    4x4
    2014 & 2015 Overland - 27m & 36m/ 12K
    2014 & 2015 Summit - 27m & 36m/ 12K

    Thanks for everything, this forum has been helpful.

    2015 Overland:

    27/12 - .00029 and 61%

    36/12 - .00038 and 51%

    2015 Summit:

    27/12 - .00011 and 56%

    36/12 - .00044 and 47%

    2014 Overland:

    27/12 - .00027 and 61%

    39/12 - .00012 and 50%

    2014 Summit:

    27/12 - .00028 and 56%

    39/12 - .00012 and 46%

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  • joh2731joh2731 Member Posts: 3
    Looking for MF and Residual for a '14 and '15 overland. 36/10 and 12 in the charlotte NC area. Would it be worth it to wait until end of November or Decemeber to try and take advantage of any specials, maybe dealers trying to move '14 models? Thanks in advance!
  • cschugercschuger Member Posts: 2
    Looking for numbers for 2015 Overland4x4, 12k/year, 36 months, Diesel in Michigan.Also, same numbers for 2014, if there is a significant difference
  • MichaellMichaell Moderator Posts: 240,142
    joh2731 said:

    Looking for MF and Residual for a '14 and '15 overland. 36/10 and 12 in the charlotte NC area. Would it be worth it to wait until end of November or Decemeber to try and take advantage of any specials, maybe dealers trying to move '14 models? Thanks in advance!

    RWD or AWD?

    Waiting another month or two might get you a better deal, but I'm also pretty certain that the availability will be a lot thinner, as folks snap up deals now.

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  • MichaellMichaell Moderator Posts: 240,142
    cschuger said:

    Looking for numbers for 2015 Overland4x4, 12k/year, 36 months, Diesel in Michigan.Also, same numbers for 2014, if there is a significant difference

    2015 - .00082 and 53% for 36/10

    2014 - .00012 and 53% for 39/10

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  • car_fan_flcar_fan_fl Member Posts: 4
    Hi Folks! Early September, I ordered a 2015 Grand Cherokee Summit 4x4 at my local dealer in the Tampa Bay. Got a decent deal on my trade and due to Affiliate Pricing, a good deal on the Jeep as well. However, the lease-numbers were awful.

    The rate from Chrysler Finance was .00044 with a Residual of 46% (!!) at 39 months with 12K miles/year. My dealer told me that this rate would be "worst case scenario" and if the rates were to improve, I could take advantage of that.

    Since it's October now, can anybody tell me if the October-numbers are any different/better? I won't take delivery until the first week of November, so if October is still as bad as September, there is still hope.(;

    Thank you for your input!
  • rawarren83rawarren83 Member Posts: 2

    I'd like to know the lease rates for a 2014 and 2015 GC Limited Diesel 4x4 for 36/39 mo and 12k miles per year. 

  • kyfdxkyfdx Moderator Posts: 235,200

    Hi Folks! Early September, I ordered a 2015 Grand Cherokee Summit 4x4 at my local dealer in the Tampa Bay. Got a decent deal on my trade and due to Affiliate Pricing, a good deal on the Jeep as well. However, the lease-numbers were awful.

    The rate from Chrysler Finance was .00044 with a Residual of 46% (!!) at 39 months with 12K miles/year. My dealer told me that this rate would be "worst case scenario" and if the rates were to improve, I could take advantage of that.

    Since it's October now, can anybody tell me if the October-numbers are any different/better? I won't take delivery until the first week of November, so if October is still as bad as September, there is still hope.(;

    Thank you for your input!


    .00017 MF and 46% residual for 39mo, 12K/yr

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  • kyfdxkyfdx Moderator Posts: 235,200

    I'd like to know the lease rates for a 2014 and 2015 GC Limited Diesel 4x4 for 36/39 mo and 12k miles per year. 

    2015: .00018 MF and 55% residual for 36mo, 12K/yr. 53% for 39/12

    2014: .00020 MF and 54% residual for 39 mo, 12K/yr.

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  • nsull410nsull410 Member Posts: 13
    Could you provide the 2015 JGC Altitude 4x4 mf and residual for a 36/12k lease in New England.
  • MichaellMichaell Moderator Posts: 240,142
    nsull410 said:

    Could you provide the 2015 JGC Altitude 4x4 mf and residual for a 36/12k lease in New England.

    .00052 and 55%

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  • nsull410nsull410 Member Posts: 13
    @Michaell - Do you know if the 39/12 MF and RV are better this month than the 36/12 figures for the 4x4 Altitude?
  • car_fan_flcar_fan_fl Member Posts: 4
    edited October 2014
    kyfdx said:


    .00017 MF and 46% residual for 39mo, 12K/yr

    Thank you so much for the numbers, kyfdx!

    So it seems residual is unchanged compared to September.

    Do you know by any chance what the MF for September was? I'm asking because I'm trying to figure out if the quoted .00044 I got from my dealer included some sort of mark-up.

    Thanks again!

  • schneller78schneller78 Member Posts: 21
    I'd like to know the lease rates for a 2014 and 2015 Summit Diesel 4x4 for 39/12k.
  • MichaellMichaell Moderator Posts: 240,142
    edited October 2014
    nsull410 said:

    @Michaell - Do you know if the 39/12 MF and RV are better this month than the 36/12 figures for the 4x4 Altitude?

    For the 2015 model year, the 36 month numbers are better than for the 39 month numbers.

    For the 2014 model year, 39 months is the sweet spot.

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  • jcarloughjcarlough Member Posts: 90
    kyfdx said:

    I'd like to know the lease rates for a 2014 and 2015 GC Limited Diesel 4x4 for 36/39 mo and 12k miles per year. 

    2015: .00018 MF and 55% residual for 36mo, 12K/yr. 53% for 39/12 2014: .00020 MF and 54% residual for 39 mo, 12K/yr.

    So at 10k is the Residual 1% or 2% higher?

  • MichaellMichaell Moderator Posts: 240,142
    jcarlough said:


    kyfdx said:

    I'd like to know the lease rates for a 2014 and 2015 GC Limited Diesel 4x4 for 36/39 mo and 12k miles per year. 

    2015: .00018 MF and 55% residual for 36mo, 12K/yr. 53% for 39/12

    2014: .00020 MF and 54% residual for 39 mo, 12K/yr.

    So at 10k is the Residual 1% or 2% higher?

    10K residual is 1% higher than 12K.

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  • ad1das101ad1das101 Member Posts: 13

    What are the MF and residual for 2015 overland diesel 4x4 for 36/15k. In PA. Thanks. 

  • jcarloughjcarlough Member Posts: 90
    edited October 2014
    kyfdx said:
    Hi Folks! Early September, I ordered a 2015 Grand Cherokee Summit 4x4 at my local dealer in the Tampa Bay. Got a decent deal on my trade and due to Affiliate Pricing, a good deal on the Jeep as well. However, the lease-numbers were awful. The rate from Chrysler Finance was .00044 with a Residual of 46% (!!) at 39 months with 12K miles/year. My dealer told me that this rate would be "worst case scenario" and if the rates were to improve, I could take advantage of that. Since it's October now, can anybody tell me if the October-numbers are any different/better? I won't take delivery until the first week of November, so if October is still as bad as September, there is still hope.(; Thank you for your input!
    .00017 MF and 46% residual for 39mo, 12K/yr

    So is that 46% because it's a Summit? Or am I misreading something? Seems like that's signicantly different residual vs say a 4x4 in Limited trim?

  • kyfdxkyfdx Moderator Posts: 235,200
    jcarlough said:


    kyfdx said:

    Hi Folks! Early September, I ordered a 2015 Grand Cherokee Summit 4x4 at my local dealer in the Tampa Bay. Got a decent deal on my trade and due to Affiliate Pricing, a good deal on the Jeep as well. However, the lease-numbers were awful.

    The rate from Chrysler Finance was .00044 with a Residual of 46% (!!) at 39 months with 12K miles/year. My dealer told me that this rate would be "worst case scenario" and if the rates were to improve, I could take advantage of that.

    Since it's October now, can anybody tell me if the October-numbers are any different/better? I won't take delivery until the first week of November, so if October is still as bad as September, there is still hope.(;

    Thank you for your input!

    .00017 MF and 46% residual for 39mo, 12K/yr

    So is that 46% because it's a Summit? Or am I misreading something? Seems like that's signicantly different residual vs say a 4x4 in Limited trim?


    The higher the trim level, the worse the residual.. As a rule of thumb.

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  • kyfdxkyfdx Moderator Posts: 235,200
    ad1das101 said:

    What are the MF and residual for 2015 overland diesel 4x4 for 36/15k. In PA. Thanks. 


    .00008 MF and 51% residual

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  • jcarloughjcarlough Member Posts: 90
    kyfdx said:

    jcarlough said:


    kyfdx said:

    Hi Folks! Early September, I ordered a 2015 Grand Cherokee Summit 4x4 at my local dealer in the Tampa Bay. Got a decent deal on my trade and due to Affiliate Pricing, a good deal on the Jeep as well. However, the lease-numbers were awful.

    The rate from Chrysler Finance was .00044 with a Residual of 46% (!!) at 39 months with 12K miles/year. My dealer told me that this rate would be "worst case scenario" and if the rates were to improve, I could take advantage of that.

    Since it's October now, can anybody tell me if the October-numbers are any different/better? I won't take delivery until the first week of November, so if October is still as bad as September, there is still hope.(;

    Thank you for your input!

    .00017 MF and 46% residual for 39mo, 12K/yr

    So is that 46% because it's a Summit? Or am I misreading something? Seems like that's signicantly different residual vs say a 4x4 in Limited trim?


    The higher the trim level, the worse the residual.. As a rule of thumb.

    Thank you. This forum is very educational.

    So, to compare (taking info I've seen here) -

    A 39mos lease, 12k per year

    Summit 4x4 V6 - 46% Residual
    vs.
    Limited 4x4 Diesel - 53% Residual

    The Limited is 7% higher because it's a lower trim line AND it's a Diesel?

  • jcarloughjcarlough Member Posts: 90
    Also - can I get the Residual and MF for:

    2015 Limited 4x4 V6

    36/10

    Thank you!
  • MichaellMichaell Moderator Posts: 240,142
    jcarlough said:

    kyfdx said:

    jcarlough said:


    kyfdx said:

    Hi Folks! Early September, I ordered a 2015 Grand Cherokee Summit 4x4 at my local dealer in the Tampa Bay. Got a decent deal on my trade and due to Affiliate Pricing, a good deal on the Jeep as well. However, the lease-numbers were awful.

    The rate from Chrysler Finance was .00044 with a Residual of 46% (!!) at 39 months with 12K miles/year. My dealer told me that this rate would be "worst case scenario" and if the rates were to improve, I could take advantage of that.

    Since it's October now, can anybody tell me if the October-numbers are any different/better? I won't take delivery until the first week of November, so if October is still as bad as September, there is still hope.(;

    Thank you for your input!

    .00017 MF and 46% residual for 39mo, 12K/yr

    So is that 46% because it's a Summit? Or am I misreading something? Seems like that's signicantly different residual vs say a 4x4 in Limited trim?


    The higher the trim level, the worse the residual.. As a rule of thumb.

    Thank you. This forum is very educational.

    So, to compare (taking info I've seen here) -

    A 39mos lease, 12k per year

    Summit 4x4 V6 - 46% Residual
    vs.
    Limited 4x4 Diesel - 53% Residual

    The Limited is 7% higher because it's a lower trim line AND it's a Diesel?



    You got it.

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  • MichaellMichaell Moderator Posts: 240,142
    jcarlough said:

    Also - can I get the Residual and MF for:

    2015 Limited 4x4 V6

    36/10

    Thank you!

    .00018 and 54%

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  • reldausareldausa Member Posts: 16
    edited October 2014
    Hi
    Can you please post MF and residual for 36mo/12k in California:

    2015 JGC Altitude 4x2

    2015 JGC Altitude 4x4

    Thank you
  • kyfdxkyfdx Moderator Posts: 235,200
    reldausa said:

    Hi
    Can you please post MF and residual for 36mo/12k in California:

    2015 JGC Altitude 4x2

    2015 JGC Altitude 4x4

    Thank you


    .00069 MF and 54% residual

    .00052 MF and 55% residual

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  • ezericsezerics Member Posts: 45
    HI could you please tell me the MF and residual for a 2015 JGC Limited 4x4 for 10 & 12k miles, 36 mo. term as I believe it was mentioned that was better than 39 for the 2015s.

    Thanks.
  • kyfdxkyfdx Moderator Posts: 235,200
    ezerics said:

    HI could you please tell me the MF and residual for a 2015 JGC Limited 4x4 for 10 & 12k miles, 36 mo. term as I believe it was mentioned that was better than 39 for the 2015s.

    Thanks.


    .00018 MF and 53% for 36mo, 12K/yr.
    Subtract 2% for 39 months, Add 1% for 10K/yr

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  • subglottissubglottis Member Posts: 10

    Hi,

    This forum has been very helpful. 

    Dealers in NY are still telling me that the best deals on 2015 JGC limited are with 39 month term. Does anyone know why? Could the deals in NY be different?

    Thanks in advance

  • MichaellMichaell Moderator Posts: 240,142

    Hi,

    This forum has been very helpful. 

    Dealers in NY are still telling me that the best deals on 2015 JGC limited are with 39 month term. Does anyone know why? Could the deals in NY be different?

    Thanks in advance

    The numbers we have from Chrysler finance show 39 month residuals as being stronger than the 36 month residuals for both September and October - for the 2014 models. This is true for the entire country, not just NY state. For the Limited 4x4, the 36/15 residual is 46%, while the 39/15 residual is 50%.

    For the 2015's, that is not true. For the JGC Limited 4x4, the 36/15 residual is 51% while the 39/15 residual is 49%.

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  • subglottissubglottis Member Posts: 10
    Michaell said:

    Hi,

    This forum has been very helpful. 

    Dealers in NY are still telling me that the best deals on 2015 JGC limited are with 39 month term. Does anyone know why? Could the deals in NY be different?

    Thanks in advance

    The numbers we have from Chrysler finance show 39 month residuals as being stronger than the 36 month residuals for both September and October - for the 2014 models. This is true for the entire country, not just NY state. For the Limited 4x4, the 36/15 residual is 46%, while the 39/15 residual is 50%. For the 2015's, that is not true. For the JGC Limited 4x4, the 36/15 residual is 51% while the 39/15 residual is 49%.

    Thank you Michaell,

    Are the MF numbers the same on 39 vs 36?


  • MichaellMichaell Moderator Posts: 240,142


    Michaell said:

    Hi,

    This forum has been very helpful. 

    Dealers in NY are still telling me that the best deals on 2015 JGC limited are with 39 month term. Does anyone know why? Could the deals in NY be different?

    Thanks in advance

    The numbers we have from Chrysler finance show 39 month residuals as being stronger than the 36 month residuals for both September and October - for the 2014 models. This is true for the entire country, not just NY state. For the Limited 4x4, the 36/15 residual is 46%, while the 39/15 residual is 50%.

    For the 2015's, that is not true. For the JGC Limited 4x4, the 36/15 residual is 51% while the 39/15 residual is 49%.

    Thank you Michaell,

    Are the MF numbers the same on 39 vs 36?


    Yes - .00020 for the 2014 and .00018 for the 2015.

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  • hindoghindog Member Posts: 1
    Hi,

    I'm shopping for a new JGC 2015 Overland 4x4. I'm in LA. Dealer came back with payments of $590 +$5,000 out the door (includes tax/fees/etc). Is that a decent deal or can I negotiate lower?

    I haven't looked at the lease terms yet, but what MF/residual should I be looking for tier 1?
  • MichaellMichaell Moderator Posts: 240,142
    hindog said:

    Hi,

    I'm shopping for a new JGC 2015 Overland 4x4. I'm in LA. Dealer came back with payments of $590 +$5,000 out the door (includes tax/fees/etc). Is that a decent deal or can I negotiate lower?

    I haven't looked at the lease terms yet, but what MF/residual should I be looking for tier 1?

    We would need to know the MSRP and selling price.

    MF and residual for the 2015 Overland 4x4 are .0008 and 49% for 36 months, 15K per year.

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  • bmwfan53bmwfan53 Member Posts: 36
    What is the MF and Residual on a 2015 JCG V8 Overland for 36 and 39 months for 15K per year in NJ and TX.
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