2016 Jeep Grand Cherokee Lease Questions

Michaell · June 2016

rsamerica1 said:

Michaell said:

rsamerica1 said:
Deal not looking likely for May here - interested in June RV and MF for 36/15K Overland and Summit when available - thank you.
Hopefully available in the next day or two.
Any news?

4x4?

Overland - .00037 and 52%
Summit - .00109 and 52%

nola222 · June 2016

36/12 & 36/15 numbers for 16 Limited 75th Anniversary 4X2 for TX please. Also, what does Chrysler Cap charge for acquisition fee typically?

aoreilly88 · June 2016

Can I get the MF + Residules for 24/10k, 36/10k and 39/10k for Jeep GC Laredo and Limited 4WD. Thanks alot

kyfdx · June 2016

nola222 said:
36/12 & 36/15 numbers for 16 Limited 75th Anniversary 4X2 for TX please. Also, what does Chrysler Cap charge for acquisition fee typically?

.00059 MF and 54%/52% residual.

$595 acquisition fee

kyfdx · June 2016

aoreilly88 said:
Can I get the MF + Residules for 24/10k, 36/10k and 39/10k for Jeep GC Laredo and Limited 4WD. Thanks alot

Laredo:
.00047 MF for 24 months
.00090 MF for 36/39 months
Limited:
.00045 MF for 24 months
.00089 MF for 36/39 months

Residuals are 62%/58%/56% for either model.

ktf2811 · June 2016

Hey Guys. I'm looking at a 2016 Jeep Grand Cherokee Overland 4x4 24/10 and 36/10. Can you please provide the MF and Residual for June. Also, is it better to roll taxes etc. into a lease or pay them up front in NYC? I apologize, as I am new to leasing. Thanks a million in advance.

nola222 · June 2016

General question, I know Chrysler Cap has a acquisition fee - but do they typically charge a security deposit for tier 1 credit? My dealer is saying they do and I did a Jeep lease a little over a year ago with Chrysler capital and there was never a security deposit.

kyfdx · June 2016

ktf2811 said:
Hey Guys. I'm looking at a 2016 Jeep Grand Cherokee Overland 4x4 24/10 and 36/10. Can you please provide the MF and Residual for June. Also, is it better to roll taxes etc. into a lease or pay them up front in NYC? I apologize, as I am new to leasing. Thanks a million in advance.

.00003 MF and 60% residual
.00037 MF and 55% residual

I like to minimize upfront payments on a lease. It's a good way to see exactly how much the monthly cost is for the vehicle.

kyfdx · June 2016

nola222 said:
General question, I know Chrysler Cap has a acquisition fee - but do they typically charge a security deposit for tier 1 credit? My dealer is saying they do and I did a Jeep lease a little over a year ago with Chrysler capital and there was never a security deposit.

With Chrysler Capital, security deposits are waived for Tier 1 and 2 credit, provided the program has a discounted money factor. (no waiver if vehicle uses the Standard MF). This month.

skrontz · June 2016

What are the MF and RV in TX for the following?

36/10K 2016 Grand Cherokee Overland
36/10K 2016 Grand Cherokee Summit

Thank you!

kyfdx · June 2016

skrontz said:
What are the MF and RV in TX for the following?

36/10K 2016 Grand Cherokee Overland
36/10K 2016 Grand Cherokee Summit

Thank you!

Assuming 4X4?

Overland: .00037 MF and 55% residual
Summit: .00109 MF and 55% residual

egarciaal · June 2016

Could you please validate the following numbers for a 2016 Grand Cherokee 75th Anniv. 36/15k:

MSRP: 38,060
Cap Cost: 35,049
MF: 0.00087
Res: 53%
Down: 1,000
Monthly payment: 489 (including 6% tax)

Thanks!

Michaell · June 2016

egarciaal said:
Could you please validate the following numbers for a 2016 Grand Cherokee 75th Anniv. 36/15k:

MSRP: 38,060
Cap Cost: 35,049
MF: 0.00087
Res: 53%
Down: 1,000
Monthly payment: 489 (including 6% tax)

Thanks!

The MF and residual are correct.

The math is correct as well.

rsamerica1 · June 2016

kyfdx said:

nola222 said:
General question, I know Chrysler Cap has a acquisition fee - but do they typically charge a security deposit for tier 1 credit? My dealer is saying they do and I did a Jeep lease a little over a year ago with Chrysler capital and there was never a security deposit.
With Chrysler Capital, security deposits are waived for Tier 1 and 2 credit, provided the program has a discounted money factor. (no waiver if vehicle uses the Standard MF). This month.

Interested in what you mean by "discounted money factor". For instance, .00037 is MF for 36/15K lease on Overland. Are you indicating that money factor can go lower than this? Interested to know how one gets that to be lowered - is it just about asking/negotiating or another method such as MSD's? I have Tier 1 credit so would like to take advantage of waiting the security deposit.

Michaell · June 2016

rsamerica1 said:

kyfdx said:

nola222 said:
General question, I know Chrysler Cap has a acquisition fee - but do they typically charge a security deposit for tier 1 credit? My dealer is saying they do and I did a Jeep lease a little over a year ago with Chrysler capital and there was never a security deposit.
With Chrysler Capital, security deposits are waived for Tier 1 and 2 credit, provided the program has a discounted money factor. (no waiver if vehicle uses the Standard MF). This month.
Interested in what you mean by "discounted money factor". For instance, .00037 is MF for 36/15K lease on Overland. Are you indicating that money factor can go lower than this? Interested to know how one gets that to be lowered - is it just about asking/negotiating or another method such as MSD's? I have Tier 1 credit so would like to take advantage of waiting the security deposit.

The standard MF from Chrysler is around .00200. Any MF lower than that is considered "discounted", and thus is exempt from the security deposit.

The MF we quote is for top tier credit - can't get any lower than that.

No MSD program available from Chrysler.

misstatiyana · June 2016

can you please give me the MF &RV for GRAND CHEROKEE LIMITED (leather int. & navi) in New Jersey for 36 mo/ 10k & 36mo/12k (there is one i found that seemed cheap to me with internet price of $35,094)
thanks so much

kyfdx · June 2016

misstatiyana said:
can you please give me the MF &RV for GRAND CHEROKEE LIMITED (leather int. & navi) in New Jersey for 36 mo/ 10k & 36mo/12k (there is one i found that seemed cheap to me with internet price of $35,094)
thanks so much

Assuming 4X4?

.00089 MF and 58%/57% for 10K/12K/yr

For either the Limited or Limited 75th anniversary model.

misstatiyana · June 2016

yes 4x4 thank you so much kyfdx!

rsamerica1 · June 2016

Here is a deal I have solidified:

2016 Overland 4x4 5.7L
$55,120 MSRP (5.7L, HK, Advance, CD player)
$51,625 Selling price
$46,491.70 Cap Cost
Conquest rebate plus others
Dealer using non Chrysler bank for lease financing
MF .00114
Residual 52%
$0 down only first month due up front of $591.70 including 9% state/lease tax

Apparently bank allows for more rebates / discount to be used, even though MF much higher than Chrysler Financial. This is for a car currently being built per dealer / my order due to arrive late June. Even though I'm not a huge fan of the higher MF, I have had no luck getting a lower monthly payment / overall deal elsewhere despite many attempts and dealers in surrounding states. Closest is a $1400 lower $53,720 MSRP (no Advance but has BLIS) with $800 up front including 1st month payment and $589/month. So lower payment but slighly higher down $ for lesser vehicle.

Just wanted to share - open to comments, especially on the MF and strategies on how anyone has negotiated something from an outside bank lower.

Michaell · June 2016

rsamerica1 said:
Here is a deal I have solidified:

2016 Overland 4x4 5.7L
$55,120 MSRP (5.7L, HK, Advance, CD player)
$51,625 Selling price
$46,491.70 Cap Cost
Conquest rebate plus others
Dealer using non Chrysler bank for lease financing
MF .00114
Residual 52%
$0 down only first month due up front of $591.70 including 9% state/lease tax

Apparently bank allows for more rebates / discount to be used, even though MF much higher than Chrysler Financial. This is for a car currently being built per dealer / my order due to arrive late June. Even though I'm not a huge fan of the higher MF, I have had no luck getting a lower monthly payment / overall deal elsewhere despite many attempts and dealers in surrounding states. Closest is a $1400 lower $53,720 MSRP (no Advance but has BLIS) with $800 up front including 1st month payment and $589/month. So lower payment but slighly higher down $ for lesser vehicle.

Just wanted to share - open to comments, especially on the MF and strategies on how anyone has negotiated something from an outside bank lower.

Yes, 3rd party leases often have larger incentives to offset the lower residual and/or higher MF. If you're comfortable with the pre-tax selling price and the end payment, all is good.

carfan74 · June 2016

Looking for NY metro area MF and RV (and any lease cash info) on AWD Limited and Overland:
36/12k miles per year

Thank you!

MarioCLE · June 2016

Hello! I am looking for the MF and RV for a 2016 Jeep GC Limited 75th Anniversary Model 4x4 with the HEMI V8. (Package 28k)

36/39 months
12k/15k miles
Location - Cleveland, OH

Thank you

Michaell · June 2016

carfan74 said:
Looking for NY metro area MF and RV (and any lease cash info) on AWD Limited and Overland:
36/12k miles per year

Thank you!

Limited - .00089 and 57%
Overland - .00037 and 54%

Michaell · June 2016

MarioCLE said:
Hello! I am looking for the MF and RV for a 2016 Jeep GC Limited 75th Anniversary Model 4x4 with the HEMI V8. (Package 28k)

36/39 months
12k/15k miles
Location - Cleveland, OH

Thank you

.00089 and 55% for 36/15. Add 2% for 12K

39 month numbers are not viable, this month.

jbrewha74 · June 2016

Is this a good deal?? Jeep Grand Cherokee Limited 75th Anniversary, MSRP-$46,720
I know this is the wrong way to do it, but I worked a few dealers on monthly lease price only and have one down to $385 a month 36/10k $2500 total out of pocket includes taxes, dmv, 1st month, etc. this is a 3rd vehicle so I was just throwing numbers out to see if anyone would come close, I have no intentions of buying the car out at the end of the lease.
I have no clue what MF or residual they are using but seems to me at this price per month, they must be discounting it rather nicely.

Michaell · June 2016

jbrewha74 said:
Is this a good deal?? Jeep Grand Cherokee Limited 75th Anniversary, MSRP-$46,720
I know this is the wrong way to do it, but I worked a few dealers on monthly lease price only and have one down to $385 a month 36/10k $2500 total out of pocket includes taxes, dmv, 1st month, etc. this is a 3rd vehicle so I was just throwing numbers out to see if anyone would come close, I have no intentions of buying the car out at the end of the lease.
I have no clue what MF or residual they are using but seems to me at this price per month, they must be discounting it rather nicely.

Either that, or they are using a 3rd party bank which has some nice incentives to go along with it.

Not a good idea to negotiate the payment; better to negotiate the selling price, then apply any incentives and run the numbers yourself.

No idea if that $385/mo quote could be even lower if you know all the numbers behind the calculation.

smp9 · June 2016

What are MF and residual for GC Overland High altitude with v8 engine. 36mos/15k miles in the San Diego area? Dealership is bein real fuzzy over the phone and I think they gave me the low tier credit MF of .00235 when they will see I have top tier credit when i apply

smp9 · June 2016

btw, this is for a 4x4

kyfdx · June 2016

smp9 said:
What are MF and residual for GC Overland High altitude with v8 engine. 36mos/15k miles in the San Diego area? Dealership is bein real fuzzy over the phone and I think they gave me the low tier credit MF of .00235 when they will see I have top tier credit when i apply

smp9 said:
btw, this is for a 4x4

.00037 MF and 52% residual.

jmd9000 · June 2016

Hi - excellent site and information. Could you share RV & MF numbers for a 24/12, 36/12 (and 27/12 if it exists) for a Limited Luxury 75th anniversary edition, 4x4 in Minnesota? Thanks in advance!

Michaell · June 2016

jmd9000 said:
Hi - excellent site and information. Could you share RV & MF numbers for a 24/12, 36/12 (and 27/12 if it exists) for a Limited Luxury 75th anniversary edition, 4x4 in Minnesota? Thanks in advance!

24/12 - .00045 and 61%
36/12 - .00089 and 57%

There is a 27 month program, but the numbers aren't viable this month.

mdubdroid3 · June 2016

Can I please get #s for Ltd and 75th Ltd 2WD/4WD for 36/12 in Bay Area? Any incentives other than what's n website? Are 16 programs way better than 15 JGC at this point? Thanks!

Michaell · June 2016

mdubdroid3 said:
Can I please get #s for Ltd and 75th Ltd 2WD/4WD for 36/12 in Bay Area? Any incentives other than what's n website? Are 16 programs way better than 15 JGC at this point? Thanks!

4x4 - .00089 and 55%
4x2 - .00059 and 54%

For both trims

No incentive information

Yes, 2016 lease numbers are way more attractive than the 2015 numbers.

mdubdroid3 · June 2016

Michaell said:

mdubdroid3 said:
Can I please get #s for Ltd and 75th Ltd 2WD/4WD for 36/12 in Bay Area? Any incentives other than what's n website? Are 16 programs way better than 15 JGC at this point? Thanks!
4x4 - .00089 and 55%
4x2 - .00059 and 54%

For both trims

No incentive information

Yes, 2016 lease numbers are way more attractive than the 2015 numbers.

thanks. would you be able to say which trim tends to lease the best? Ltd/High Altitude/Overland? obv Ltd is cheaper, but any guesses on what gets the best value?

Michaell · June 2016

mdubdroid3 said:

Michaell said:

mdubdroid3 said:
Can I please get #s for Ltd and 75th Ltd 2WD/4WD for 36/12 in Bay Area? Any incentives other than what's n website? Are 16 programs way better than 15 JGC at this point? Thanks!
4x4 - .00089 and 55%
4x2 - .00059 and 54%

For both trims

No incentive information

Yes, 2016 lease numbers are way more attractive than the 2015 numbers.
thanks. would you be able to say which trim tends to lease the best? Ltd/High Altitude/Overland? obv Ltd is cheaper, but any guesses on what gets the best value?

They all lease about the same. Either the MF and residual are both high, or they are both low.

Avoid the Summit.

mdubdroid3 · June 2016

mdubdroid3 said:

Michaell said:

mdubdroid3 said:
Can I please get #s for Ltd and 75th Ltd 2WD/4WD for 36/12 in Bay Area? Any incentives other than what's n website? Are 16 programs way better than 15 JGC at this point? Thanks!
4x4 - .00089 and 55%
4x2 - .00059 and 54%

For both trims

No incentive information

Yes, 2016 lease numbers are way more attractive than the 2015 numbers.
thanks. would you be able to say which trim tends to lease the best? Ltd/High Altitude/Overland? obv Ltd is cheaper, but any guesses on what gets the best value?

sorry. thought I requested 36/10 as well. can i get those please?

Michaell · June 2016

mdubdroid3 said:

mdubdroid3 said:

Michaell said:

mdubdroid3 said:
Can I please get #s for Ltd and 75th Ltd 2WD/4WD for 36/12 in Bay Area? Any incentives other than what's n website? Are 16 programs way better than 15 JGC at this point? Thanks!
4x4 - .00089 and 55%
4x2 - .00059 and 54%

For both trims

No incentive information

Yes, 2016 lease numbers are way more attractive than the 2015 numbers.
thanks. would you be able to say which trim tends to lease the best? Ltd/High Altitude/Overland? obv Ltd is cheaper, but any guesses on what gets the best value?
sorry. thought I requested 36/10 as well. can i get those please?

Add to 1% to the residual value

manwithnoname · June 2016

Hello, I really appreciate this specific forum and the assistance you give, thank you so much!

Can I get the Money Factor and Residual Value for:
2016 Jeep Grand Cherokee Laredo 4x4 75th Anniversary Edition
I'm in Northern California 95131

Thanks again!

Michaell · June 2016

manwithnoname said:
Hello, I really appreciate this specific forum and the assistance you give, thank you so much!

Can I get the Money Factor and Residual Value for:
2016 Jeep Grand Cherokee Laredo 4x4 75th Anniversary Edition
I'm in Northern California 95131

Thanks again!

.00090 and 55%, assuming 36 months, 15,000 miles per year.

rprestel · June 2016

Hello! I am looking for the MF and RV for a 2016 Jeep GC Limited 75th Anniversary Model 4x4 with the V6 (Package 23k), 75th Anniversary Luxury Tech Package and Tow Group.

36 months
12k/15k miles
Location - Columbus, OH

Michaell · June 2016

rprestel said:
Hello! I am looking for the MF and RV for a 2016 Jeep GC Limited 75th Anniversary Model 4x4 with the V6 (Package 23k), 75th Anniversary Luxury Tech Package and Tow Group.

36 months
12k/15k miles
Location - Columbus, OH

.00089 and 57% or 55%

manwithnoname · June 2016

Hello, I am looking for the MF and RV for:

4X2 2016 Jeep GC Laredo E
36 Month Lease
12k Miles
95131 (Northern California)

I'd also like it in a 4X4 configuration if possible:
4X4 2016 Jeep GC Laredo E
36 Month Lease
12k Miles
95131 (Northern California

Thanks!!!!

Michaell · June 2016

manwithnoname said:
Hello, I am looking for the MF and RV for:

4X2 2016 Jeep GC Laredo E
36 Month Lease
12k Miles
95131 (Northern California)

I'd also like it in a 4X4 configuration if possible:
4X4 2016 Jeep GC Laredo E
36 Month Lease
12k Miles
95131 (Northern California

Thanks!!!!

4x4 .00090 and 57%.

4x2 .00087 and 55%

carfan74 · June 2016

One more request, please - High Altitude AWD MF and Residual in NY Metro area. 36/12k mille lease. Thanks!

Michaell · June 2016

carfan74 said:
One more request, please - High Altitude AWD MF and Residual in NY Metro area. 36/12k mille lease. Thanks!

.00037 and 54%

sharkey969 · June 2016

MF and Residual 2016 Grand Cherokee Laredo 4x4. 37k msrp. 24 month lease, 15k miles. Jackson, Michigan

rprestel · June 2016

Michaell said:

rprestel said:
Hello! I am looking for the MF and RV for a 2016 Jeep GC Limited 75th Anniversary Model 4x4 with the V6 (Package 23k), 75th Anniversary Luxury Tech Package and Tow Group.

36 months
12k/15k miles
Location - Columbus, OH
.00089 and 57% or 55%

I've had 2 dealers come back and say that US Bank is the best financing they can offer on the lease. Why are they not quoting Chrysler Capital? Here is the one of those deals.

MF: .00120
Residual: 60%

MSRP: $46720
Cap Cost: $40930.76 (Fees:$1078.50)
Rebate: $4750
Tax: $376.39
Holdback:$1372
Total Gross: $67
Payment: $505 on 36mo

Good deal?

jbrewha74 · June 2016

I'm working on the same MSRP, how much out of pocket do you have to put down?

rprestel · June 2016

Zero money down.

kyfdx · June 2016

sharkey969 said:
MF and Residual 2016 Grand Cherokee Laredo 4x4. 37k msrp. 24 month lease, 15k miles. Jackson, Michigan

.00047 MF and 60% residual

2016 Jeep Grand Cherokee Lease Questions

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