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You have a higher MF, but also a higher residual, and a lower selling price after rebate.
That most likely adds up to a lower payment.
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I recieved the following quote on a GC Limited 75th 4x4. No packages excpet the "included" Unconnec
Good deal? I'm in Chicago 60607. I asked they give he MF and use highest tier credit but they didn't I like that.
10,000 Mile 24 Month lease
$622.77 Month
$4,441.13 Due at Signing
(includes: 1st Payment: $622.77
Lic/ Title: $196
Doc Fee: $169.27
Taxes: $3,453.09)
Final Cap Cost: $40,607.80
Residual: 62% = $27,664.44
Your 10,000 Mile 36 Month lease:
$500.07 Month
$4,972.47 Due at Signing
(includes: 1st Payment: $500.07
Lic/ Title: $196
Doc Fee: $169.27
Taxes: $4,107.13) (Taxes are higher because of Chicago Usage Tax for the extra 12 Months)
Final Cap Cost: $40,276.68
Residual: 58% = $25,879.60
You'd have to run all the numbers to see which gives you the best deal.
The only issue with third parties is that they aren't as vested in keeping you as a customer, so the end of lease charges may be different (read: higher) than from Chrysler.
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
The 36 month deal is certainly better. And, I confirm the math on both deals. MF is not being marked up, which is good.
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
for either model
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$399 per mo/36 mo/10k a yr
Thank you
Limited – .00089 and 58%
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
If I could get the MF & Residual for 3 Jeep vehicles in Massachusetts. The 1st is a 2016 Jeep Grand Cherokee Limited V6 & 4WD, the 2nd is a 2016 Jeep Wrangler Unlimited Sport 4-door & last, a 2016 Jeep Wrangler Unlimited Willy's Wheeler 4-door. Looking at 39 month leases w/ 12k a year. Most likely leased through Chrysler Capital since I currently lease through them.
Thanks in advance!
Wrangler questions go here:
http://forums.edmunds.com/discussion/37427/jeep/wrangler/2016-jeep-wrangler-lease-questions#latest
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Thanks in advance because I know it's quite a few requests. I'm on Fusion #2 after a 2000 GC Laredo, parents' 2004 GC Laredo, and a 1996 GC Limited I had until 16 years/200k miles before Fusion #1, but Fusion #2 is a nightmare, and I want out!
2016 Limited and 75th have the same numbers - .00089 and 55% for 36/15. Extra miles are charged up front, at the rate of, we think, .15-.25 per mile, and deducted from the calculated 15K residual.
2015 Limited numbers are not competitive.
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
My aunt/uncle/cousins got a Limited 75th anniversary this week (they share a car in Manhattan), and it's beautiful! A dealership here in Westchester is running some interesting promotions, and I get an affiliate discount through work, so I'm curious as to what I'll get. I'll report back after I go!
36/12
36/15
thanks!
Today is the last day for this program.
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1. MF and residual for 2016 JGC Limited 4x4; 36mos/15k per year
2. MF and residual for 2016 JGC Limited 75th Anniversary 4x4; 36mos/15k per year
3. MF and residual for 2016 JGC Overland 4x4; 36mos/15k per year
4. MF and residual for 2016 JGC High Altitude 4x4; 36mos/15k per year
Thanks!
2. Same as 1 above
3. .00037 and 52%
4. Same as 3 above
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
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Thanks!!
I went in, and I said I was interested in a GC. I didn't look like a schlub or anything. I look a little young for my age, but not like a teenager or anything (I'm in my early 30s). I was pushed toward a Cherokee, not a GC. I said, "Fine, I'm interested in both." The salesman said I could drive both, and we took out a Cherokee first. We came back in, and rather than getting the keys for the GC, he had me sit down at his desk and run numbers for the Cherokee...okay.
I have the affiliate program through work and gave him the control number, seeing that he clearly wasn't going to negotiate with me. I knew that there was a $2,500 incentive, and the affiliate program takes about $2,000 off, so it's roughly $2,500 off a $35,000-ish car, so let's call it $30,500.
I asked for 15,000 miles, and he comes back at $415 a month with me putting $1,000 down (NY requires you to pay the tax for the lease up-front, and the way it's calculated, you pay a lot more than you would if you paid tax on the monthly payment. If your car is stolen or a tree falls on it, even a week into the lease, NY says "oh well," and you don't get the money back, so I finance my taxes and put $1,000 down as a swap, because I'd get that back through insurance -- taxes are my job, so I know what I'm doing.).
Are you freaking kidding me? $415 a month on a car that is only $30,000? I asked him what residual he was using, and he said "around $18,500." That's about 60%. So what on earth is the money factor he was using? He wouldn't tell me. That's an MF of about 0.0018, when the Cherokee Limited 4x4 MF should be about 0.00005; they didn't run my credit or ask me about it, but considering that I told him my payment on a Fusion Titanium AWD (with options) is $347 a month, he should assume top tier credit. They really tried to play me.
That's aside from the fact that I showed him their ad for both the Cherokee and the GC, and even though I told him I know it's subject to stock/availability/etc., they advertised Limited 4x4s for both with a $7600 dealer/manufacturer contribution and a MUCH lower payment. They had matching down payments advertised, as well. Their ad had a Cherokee Limited 4x4 sign and drive for $279 a month: http://pictures.dealer.com/w/whiteplainscdjcllc/1596/0ebbee71dc4a1304c4482a592fe2e5e8x.jpg. Yes, the mileage is 7,500 a year, but when you factor in my down payment and that they advertised double down payments plus my affiliate discount, that should more than add up to my 15,000 mileage requirement.
Here's the other ad with the dealer contributions: http://www.whiteplainscars.com/images/specials/current/jeep-01.jpg. (Yes, there's a down payment on this one, but when you factor in the matching down payment and the affiliate discount, then ad in $30 per $1000, the numbers still don't match anywhere near $415; it was $280 at most, and the GC should be about $330.)
Their ad also had a GC Limited 4x4 sign and drive with everything I wanted except for the blindspot system for $379 a month. The same things go for the mileage, and I would also want the blindspot system, which is a minor cost.
I mentioned the ad for the Cherokee, and he said, "this is the cost." He was also trying to push a Trailhawk on me in white with black leather (the one I test drove), when it's not what I wanted!
I told him the numbers did not add up, and why would I get less of a car, a less expensive car than what I have now, but pay $70 a month more? He had the gall to tell me, "well maybe you should consider an Altitude." Excuse me? That has NOTHING that I want in the car. I drive a car that is MORE THAN $10,000 more than that! Let me decide what I can pay, and aside from that, you REFUSED TO SHOW ME THE CAR I CAME IN TO SEE! I told him from the start that I've had THREE GRAND CHEROKEES in the past, too. Yes, the newer ones are totally different from the 1993-1998 and 1999-2004 models, but give me a break; it was obvious I knew a lot about cars and leasing.
So, has anyone else had a dealer try to play him or her like this? I am disgusted that this is what happened when I tried to come back to Jeep.
Also, anyone in NY/NJ/CT have a fantastic dealer? UGH. Awful!
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OVL: .00039 MF and 53% residual
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I just got a GC limited 75th anniversary with Msrp of $46,720 for 399 a mo, 36/10, Rt 4 Paramus. I put 2k total down, which was taxes, fees, etc.
Overland – .00037 and 54%
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
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36/15 4x2
36/15 4x4
so cal. Thanks!
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4X2: .00039 MF and 50% residual
LTD 75th 4X4: .00089 MF and 55% residual
4X2: .00059 MF and 52% residual
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.00093 MF and 49% residual for Summit
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Any particular salesperson to ask for? Thanks again!
24/12
36/12
Thanks for your time!
.00017 MF and 60% residual
.00090 MF and 57% residual
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36/15 - .00090 and 55%
Assuming you pay all fees up front and the selling price is the cap cost. I get $558/mo for 24 months and $457/mo for 36 months.
Both of these are before tax.
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
Overland - .00037 and 55%
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4