2015 Jeep Grand Cherokee Lease Questions

Michaell · November 2014

cooper2014 said:
Hello,

First, not enough people say please or thank you when posting and asking for your help, so I just wanted to say this is a massive help and very much appreciated.

Could I please have the latest MF/RV for Southern California 2015 Summit, 24/12, 24/10 and 36/12 and 36/10?

Your opinion on this would be appreciated: a fully loaded Summit V8, $58,220 MRSP $3,200 cap reduction, and 1k conquest, I was offered:

$2800 drive off: $644.19 + tax = $698.90

Does this seem to work out as a good deal to you?

Finally, does Jeep do MSDs and if so, on what terms?

Thank you

RWD or AWD on the Summit?

What is the breakdown of the drive off?

When you say $3200 cap reduction, are you referring to the discount from sticker the dealer is giving you?

Chrysler does not offer MSD's, as their base MF is so low to begin with.

cooper2014 · November 2014

Sorry, AWD please.

Regarding the 3,200 is a discount from sticker.

There there is a $2,800 drive off, however I do not know what that is broken down to in terms of things like delivery and fees etc. Sorry. I will try to find out.

suna85 · November 2014

Hi, so new to leasing and had a question about money factor. The MF I was provided after asking on here was .00068 but dealer is telling me based on my credit app with Chrysler Capital they can't offer better than .0011. Does that make sense?

Michaell · November 2014

cooper2014 said:
Hello,

First, not enough people say please or thank you when posting and asking for your help, so I just wanted to say this is a massive help and very much appreciated.

Could I please have the latest MF/RV for Southern California 2015 Summit 4x4, 24/12, 24/10 and 36/12 and 36/10?

Your opinion on this would be appreciated: a fully loaded Summit V8, $58,220 MRSP $3,200 discount, and 1k conquest, I was offered:

$2800 drive off: $644.19 + tax = $698.90. There there is a $2,800 drive off, however I do not know what that is broken down to in terms of things like delivery and fees etc. Sorry. I will try to find out.

Does this seem to work out as a good deal to you?

Finally, does Jeep do MSDs and if so, on what terms?

Thank you

Summit 4x4 - .00026 and 59 for 24/12; .00072 and 51% for 36/12

Add 1% for 10K

Michaell · November 2014

suna85 said:
Hi, so new to leasing and had a question about money factor. The MF I was provided after asking on here was .00068 but dealer is telling me based on my credit app with Chrysler Capital they can't offer better than .0011. Does that make sense?

The MF will increase based on one's credit score. I don't have the score ranges but Tier 1 and 2 qualify for the best MF; tier 3 adds .00060.

It's also possible the dealer is using a finance company other than Chrysler; if so, we don't have access to those numbers and cannot verify them.

abeezies82 · November 2014

Can you please provide the MF and Residual for 2015 JGC Altitude 4x4 for both 36/39Month and 12k Miles in NJ?

Also are there any current Lease Conquest Incentives available?

Michaell · November 2014

abeezies82 said:
Can you please provide the MF and Residual for 2015 JGC Altitude 4x4 for both 36/39Month and 12k Miles in NJ?

Also are there any current Lease Conquest Incentives available?

.00010 and 53% / 51%.

Use the "Car Research" tab at the top of the page to show the current Jeep incentives.

cc3z · November 2014

Thank you for this excellent resource… What is the money factor and residual on a 2015 Jeep Grand Cherokee SRT? For 36 mos. and 36K miles?

Michaell · November 2014

cc3z said:
Thank you for this excellent resource… What is the money factor and residual on a 2015 Jeep Grand Cherokee SRT? For 36 mos. and 36K miles?

.00059 and 48%

cc3z · November 2014

Thanks so much!

tballs · November 2014

Thanks for your help as always. Your advice has helped me negotiate 5 different deals for me and my family.

Question regarding JGC - does the Diesel engine change the lease financials (residual?)

I'm interested in a JGC limited Diesel engine 4x4. 36/10 or 36/12.

Thanks,

kyfdx · November 2014

tballs said:
Thanks for your help as always. Your advice has helped me negotiate 5 different deals for me and my family.

Question regarding JGC - does the Diesel engine change the lease financials (residual?)

I'm interested in a JGC limited Diesel engine 4x4. 36/10 or 36/12.

Thanks,

This month, diesel matters..

.00030 MF and 57%/56% residual.

Gas engine residuals are 2% lower.

steves_66 · November 2014

First, thanks for teaching me the math of leasing, something I couldn't get out of many salesmen...could I please have the MF and RV on a '15 Summit w/10k for the sweet spot length in VA?

Michaell · November 2014

steves_66 said:
First, thanks for teaching me the math of leasing, something I couldn't get out of many salesmen...could I please have the MF and RV on a '15 Summit w/10k for the sweet spot length in VA?

4WD?

36/10 numbers are .00072 and 52%.

Limited has better numbers this month - .00030 and 55%.

Higher trim levels usually result in lower residuals.

osyabender1 · November 2014

Hello,
Could you please provide a current MF & RV for JGC Limited 4x4 and Overland 4x4 for NY, 36/39 months and 10K or 12K miles. Thank you for all the work you're doing.

Michaell · November 2014

osyabender1 said:
Hello,
Could you please provide a current MF & RV for JGC Limited 4x4 and Overland 4x4 for NY, 36/39 months and 10K or 12K miles. Thank you for all the work you're doing.

Limited - .00030 and 54% for 36/12. Subtract 2% for 39 months. Add 1% for 10K

Overland - .00026 and 50% for 36/12. Same adjustments as above.

helplz · November 2014

Ok so I'm not all that in the loop with how a lease works I understand residual value but not money factor. I'm looking at a 2015 grand cherokee laredo 4wd base model msrp 32500.
now on the website it says 0 due at signing 389 a month for 39 months 10k miles. I'm returning a mercedes lease for the 1000 rebate.
My local dealer is quoting me the 0 down rolling taxes tags and all in lease and it's coming out to 450 a month? Does this seem right? In advance I appreciate your help.

Michaell · November 2014

helplz said:
Ok so I'm not all that in the loop with how a lease works I understand residual value but not money factor. I'm looking at a 2015 grand cherokee laredo 4wd base model msrp 32500.
now on the website it says 0 due at signing 389 a month for 39 months 10k miles. I'm returning a mercedes lease for the 1000 rebate.
My local dealer is quoting me the 0 down rolling taxes tags and all in lease and it's coming out to 450 a month? Does this seem right? In advance I appreciate your help.

The $389/mo does not include any taxes or fees - if you don't pay them up front, then the lease payment will be higher.

You should be able to do better than the national deal - negotiate the besst possible selling price before any incentives.

Money factor is used to determine the rent charge, or interest, for the lease.

lambrettastarr · November 2014

Thank you in advance for your help! Looking for the rates for Florida for a lease on a 2015 Overland V8 for 36m/15k - trying to decide between that and a 2015 Summit V6 for 36m/15k. Which is the better deal currently?

Thanks!!

Michaell · November 2014

lambrettastarr said:
Thank you in advance for your help! Looking for the rates for Florida for a lease on a 2015 Overland V8 for 36m/15k - trying to decide between that and a 2015 Summit V6 for 36m/15k. Which is the better deal currently?

Thanks!!

4x4 or 4x2? V6 or V8 doesn't change the numbers; diesel does.

voderade · November 2014

Thanks so much for what you do! Checking back in on the MF/residual for 2015 GC Altitude 4x2, 10k and 36 month (or 39 month if that's better) in Los Angeles.

Michaell · November 2014

voderade said:
Thanks so much for what you do! Checking back in on the MF/residual for 2015 GC Altitude 4x2, 10k and 36 month (or 39 month if that's better) in Los Angeles.

.00043 and 53% for 36/10. Subtract 1% for 39 months.

lambrettastarr · November 2014

Michaell said:

lambrettastarr said:
Thank you in advance for your help! Looking for the rates for Florida for a lease on a 2015 Overland V8 for 36m/15k - trying to decide between that and a 2015 Summit V6 for 36m/15k. Which is the better deal currently?

Thanks!!
4x4 or 4x2? V6 or V8 doesn't change the numbers; diesel does.

Sorry, 4x2!

Michaell · November 2014

lambrettastarr said:
Thank you in advance for your help! Looking for the rates for Florida for a lease on a 2015 Overland V8 4x2 for 36m/15k - trying to decide between that and a 2015 Summit V6 4x2 for 36m/15k. Which is the better deal currently?

Thanks!!

Overland - .00068 and 50%

Summit - .00096 and 47%

slates · November 2014

Hi guys- amazing resource here- thanks to everyone providing these great insights.

Im looking at a 2015 GC limited with a v8, 36/10k miles tomorrow. Unsure of msrp as I haven't seen them yet, but assuming ~$48k from what I've built online.

Wanted to know MF and RV please.

Thanks!

slates · November 2014

Forgot to add, 4x4 and in NJ

kyfdx · November 2014

slates said:
Hi guys- amazing resource here- thanks to everyone providing these great insights.

Im looking at a 2015 GC limited with a v8, 36/10k miles tomorrow. Unsure of msrp as I haven't seen them yet, but assuming ~$48k from what I've built online.

Wanted to know MF and RV please.

Thanks!

slates said:
Forgot to add, 4x4 and in NJ

.00030 MF and 55% residual.

slates · November 2014

kyfdx said:

Hi guys- amazing resource here- thanks to everyone providing these great insights.

Im looking at a 2015 GC limited with a v8, 36/10k miles tomorrow. Unsure of msrp as I haven't seen them yet, but assuming ~$48k from what I've built online.

Wanted to know MF and RV please.

Thanks!

Forgot to add, 4x4 and in NJ
.00030 MF and 55% residual.

Thanks! Assuming a $41k purchase price from $48k msrp, what would pre-tax payment look like? Trying to stay below $500/month. Thanks!!

kyfdx · November 2014

slates said:

kyfdx said:

slates said:
Hi guys- amazing resource here- thanks to everyone providing these great insights.

Im looking at a 2015 GC limited with a v8, 36/10k miles tomorrow. Unsure of msrp as I haven't seen them yet, but assuming ~$48k from what I've built online.

Wanted to know MF and RV please.

Thanks!

slates said:
Forgot to add, 4x4 and in NJ

.00030 MF and 55% residual.

Thanks! Assuming a $41k purchase price from $48k msrp, what would pre-tax payment look like? Trying to stay below $500/month. Thanks!!

$426/mo.

RI32360 · December 2014

Good morning, Guys - great forum. I am looking for the MF and RV on a 2015 GC Limited, Overland and Summit - 4x4 V6 in Rhode Island. I am looking at a $48k to $49k msrp and was also wondering if you had any thoughts on what a fair/good purchase price might be. Thanks for your help.

RI32360 · December 2014

Sorry, I forgot to say 36 month, 12K per year. Thanks.

kyfdx · December 2014

RI32360 said:
Good morning, Guys - great forum. I am looking for the MF and RV on a 2015 GC Limited, Overland and Summit - 4x4 V6 in Rhode Island. I am looking at a $48k to $49k msrp and was also wondering if you had any thoughts on what a fair/good purchase price might be. Thanks for your help.

RI32360 said:
Sorry, I forgot to say 36 month, 12K per year. Thanks.

Limited: .00030 MF and 54% residual
Overland: .00026 MF and 52% residual
Summit: .00072 MF and 51% residual

RI32360 · December 2014

Thanks very much - very helpful. I was just offered a GC Overland msrp $47,140 for $499 mth (including sales tax at 7%) with $3000 down, $900 or so at signing, 36 mth 12k miles. I also get the $1000 lease loyalty or conquest rebate. Based on my calculations, they are at about $43,800 selling price (base cap cost). Seems like a reasonable deal but I think that there may be a bit more room in the price. Any thoughts? Dealer said the rates change tomorrow - Is that true?

kyfdx · December 2014

RI32360 said:
Thanks very much - very helpful. I was just offered a GC Overland msrp $47,140 for $499 mth (including sales tax at 7%) with $3000 down, $900 or so at signing, 36 mth 12k miles. I also get the $1000 lease loyalty or conquest rebate. Based on my calculations, they are at about $43,800 selling price (base cap cost). Seems like a reasonable deal but I think that there may be a bit more room in the price. Any thoughts? Dealer said the rates change tomorrow - Is that true?

Yes... new program tomorrow... we won't have the rates for a few days.

conny8412 · December 2014

Using November rates, is this a fair deal? I am located in Buffalo, NY. 2015 Overland, 4x4, V6, MSRP $47,200, 39 month/12k/year.

They have me at $594/month out the door, 0$ down. Thoughts?

bmwfan53 · December 2014

What is the MF and Residual on a 2015 JCG V8 Overland 4x4 for 36 and 39 months for 15K per year in NJ?

Michaell · December 2014

conny8412 said:
Using November rates, is this a fair deal? I am located in Buffalo, NY. 2015 Overland, 4x4, V6, MSRP $47,200, 39 month/12k/year.

They have me at $594/month out the door, 0$ down. Thoughts?

What is the negotiated selling price?

Michaell · December 2014

bmwfan53 said:
What is the MF and Residual on a 2015 JCG V8 Overland 4x4 for 36 and 39 months for 15K per year in NJ?

.00026and 50% / 48%

bmwfan53 · December 2014

Is the answer for the following question the November or the December Rates? What is the MF and Residual on a 2015 JCG V8 Overland 4x4 for 36 and 39 months for 15K per year in NJ? ANSWER (.00026and 50% / 48%)

Michaell · December 2014

bmwfan53 said:
Is the answer for the following question the November or the December Rates? What is the MF and Residual on a 2015 JCG V8 Overland 4x4 for 36 and 39 months for 15K per year in NJ? ANSWER (.00026and 50% / 48%)

December.

gobadgers1 · December 2014

Can you please provide RV and MF for 36 month 12k per year for GC Laredo Altitude and GC Limited. Rates for both NJ and VA (if different)

Michaell · December 2014

gobadgers1 said:
Can you please provide RV and MF for 36 month 12k per year for GC Laredo Altitude and GC Limited. Rates for both NJ and VA (if different)

4x4?

Altitude - .00010 and 53%

Limited - .00056 and 54%

voderade · December 2014

Sorry to keep asking the same month after month, but finally sourced the exact setup I am looking for and close to pulling the trigger! Can I please get the December MF and RV for 36 month, 10k per year JGC Altitude 4x2 in Los Angeles. Thank you!

Michaell · December 2014

voderade said:
Sorry to keep asking the same month after month, but finally sourced the exact setup I am looking for and close to pulling the trigger! Can I please get the December MF and RV for 36 month, 10k per year JGC Altitude 4x2 in Los Angeles. Thank you!

.00043 and 53%

osyabender1 · December 2014

Michaell said:

gobadgers1 said:
Can you please provide RV and MF for 36 month 12k per year for GC Laredo Altitude and GC Limited. Rates for both NJ and VA (if different)
4x4?

Altitude - .00010 and 53%

Limited - .00056 and 54%

Just looking for confirmation, so the MF went up in December for JGC Limited - from .00030 to .00056, but stayed the same for the other trims?

Thanks

gobadgers1 · December 2014

Yes, AWD. Thank you very much! Time to start calculating.

Michaell said:

gobadgers1 said:
Can you please provide RV and MF for 36 month 12k per year for GC Laredo Altitude and GC Limited. Rates for both NJ and VA (if different)
4x4?

Altitude - .00010 and 53%

Limited - .00056 and 54%

Michaell · December 2014

osyabender1 said:

Michaell said:

gobadgers1 said:
Can you please provide RV and MF for 36 month 12k per year for GC Laredo Altitude and GC Limited. Rates for both NJ and VA (if different)
4x4?

Altitude - .00010 and 53%

Limited - .00056 and 54%
Just looking for confirmation, so the MF went up in December for JGC Limited - from .00030 to .00056, but stayed the same for the other trims?

Thanks

Couldn't tell you what changes occurred from November to December. Too many numbers to keep straight as it is for the current month.

RI32360 · December 2014

Good morning. Anyone have the December MF and RV on a 2015 GC Limited, Overland and Summit - 4x4 V6 in Rhode Island - 36mth/12k per year? Thanks for your help.

Michaell · December 2014

RI32360 said:
Good morning. Anyone have the December MF and RV on a 2015 GC Limited, Overland and Summit - 4x4 V6 in Rhode Island - 36mth/12k per year? Thanks for your help.

Limited - .00030 and 54%

Overland - .00026 and 52%

Summit - .00072 and 51%

mbguy25 · December 2014

Jeep Grand Cherokee Limited and Overland 4x4, New York State, 15k miles a year?

2015 Jeep Grand Cherokee Lease Questions

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