2017 Jeep Grand Cherokee Lease Deals and Prices

kyfdx · August 2016

Ask your 2017 Grand Cherokee lease questions here! Get info about prices, money factor, deals, incentives, and payments.

Check out the 2017 Jeep Grand Cherokee here.

jsl1949 · August 2016

Can you tell me lease money factor/residual for 2017 Jeep Grand Cherokee Overland 4x4, 36 months, 10K miles.

kyfdx · August 2016

jsl1949 said:
Can you tell me lease money factor/residual for 2017 Jeep Grand Cherokee Overland 4x4, 36 months, 10K miles.

No info on the 2017 model, yet. Probably not until September

BEEMERX · August 2016

any luck on the numbers yet? I see some dealers have the cars in stock.

Michaell · August 2016

BEEMERX said:
any luck on the numbers yet? I see some dealers have the cars in stock.

Nothing yet .. perhaps next month.

hwajid2 · August 2016

New to leasing. I'm trying to understand will there be a benefit to leasing a 2017 Jeep Grand Cherokee Overland vs the 2016 model (plan on 36/12k or 24/10k)? Any advice would be helpful.

Michaell · August 2016

hwajid2 said:
New to leasing. I'm trying to understand will there be a benefit to leasing a 2017 Jeep Grand Cherokee Overland vs the 2016 model (plan on 36/12k or 24/10k)? Any advice would be helpful.

We don't have any 2017 Grand Cherokee lease numbers yet, so can't really answer your question.

hwajid2 · August 2016

Michaell said:

hwajid2 said:
New to leasing. I'm trying to understand will there be a benefit to leasing a 2017 Jeep Grand Cherokee Overland vs the 2016 model (plan on 36/12k or 24/10k)? Any advice would be helpful.
We don't have any 2017 Grand Cherokee lease numbers yet, so can't really answer your question.

Ok. Thanks.
But in general I would think that leasing the older model (2016) would have a lower purchase price because wouldn't the selling price of a new 2017 be closer to MSRP? I understand the RV of the 2016 would be lower compared to a 2017 model, but wouldn't the car manufacturer provide more incentives to get the older 2016 out of the lot? Or does leasing just matter on what deals the dealer provides that month and is a bit more convoluted than I think?

-Thanks for any help.Once again, novice here...

kyfdx · August 2016

hwajid2 said:

Michaell said:

hwajid2 said:
New to leasing. I'm trying to understand will there be a benefit to leasing a 2017 Jeep Grand Cherokee Overland vs the 2016 model (plan on 36/12k or 24/10k)? Any advice would be helpful.
We don't have any 2017 Grand Cherokee lease numbers yet, so can't really answer your question.
Ok. Thanks.
But in general I would think that leasing the older model (2016) would have a lower purchase price because wouldn't the selling price of a new 2017 be closer to MSRP? I understand the RV of the 2016 would be lower compared to a 2017 model, but wouldn't the car manufacturer provide more incentives to get the older 2016 out of the lot? Or does leasing just matter on what deals the dealer provides that month and is a bit more convoluted than I think?

-Thanks for any help.Once again, novice here...

All that is logical, but it doesn't always work out that way. If Chrysler wants to move 2016 models, they can either cut the price to sell them, or put lease incentives on them to move them that way. What they might do and why is a job for their bean counters.

Michaell · August 2016

kyfdx said:

hwajid2 said:

Michaell said:

hwajid2 said:
New to leasing. I'm trying to understand will there be a benefit to leasing a 2017 Jeep Grand Cherokee Overland vs the 2016 model (plan on 36/12k or 24/10k)? Any advice would be helpful.
We don't have any 2017 Grand Cherokee lease numbers yet, so can't really answer your question.
Ok. Thanks.
But in general I would think that leasing the older model (2016) would have a lower purchase price because wouldn't the selling price of a new 2017 be closer to MSRP? I understand the RV of the 2016 would be lower compared to a 2017 model, but wouldn't the car manufacturer provide more incentives to get the older 2016 out of the lot? Or does leasing just matter on what deals the dealer provides that month and is a bit more convoluted than I think?

-Thanks for any help.Once again, novice here...
All that is logical, but it doesn't always work out that way. If Chrysler wants to move 2016 models, they can either cut the price to sell them, or put lease incentives on them to move them that way. What they might do and why is a job for their bean counters.

...who often argue with the sales and marketing folks...

hwajid2 · August 2016

Michaell said:

kyfdx said:

hwajid2 said:

Michaell said:

hwajid2 said:
New to leasing. I'm trying to understand will there be a benefit to leasing a 2017 Jeep Grand Cherokee Overland vs the 2016 model (plan on 36/12k or 24/10k)? Any advice would be helpful.
We don't have any 2017 Grand Cherokee lease numbers yet, so can't really answer your question.
Ok. Thanks.
But in general I would think that leasing the older model (2016) would have a lower purchase price because wouldn't the selling price of a new 2017 be closer to MSRP? I understand the RV of the 2016 would be lower compared to a 2017 model, but wouldn't the car manufacturer provide more incentives to get the older 2016 out of the lot? Or does leasing just matter on what deals the dealer provides that month and is a bit more convoluted than I think?

-Thanks for any help.Once again, novice here...
All that is logical, but it doesn't always work out that way. If Chrysler wants to move 2016 models, they can either cut the price to sell them, or put lease incentives on them to move them that way. What they might do and why is a job for their bean counters.
...who often argue with the sales and marketing folks...

Thanks guys

hwajid2 · September 2016

Any update on 2017 Jeep GC MF/RV? AWD OVL 36/12K

Michaell · September 2016

hwajid2 said:
Any update on 2017 Jeep GC MF/RV? AWD OVL 36/12K

.00084 and 56%

jsl1949 · September 2016

Any idea on incentives on 2017 Overland 4x4 re lease? loyalty? etc?

jsl1949 · September 2016

If the dealer buys my car from Chrysler credit to sell on their lot, do they get a discount from my residual value per lease?

Michaell · September 2016

jsl1949 said:
Any idea on incentives on 2017 Overland 4x4 re lease? loyalty? etc?

We don't have any incentive information for Chrysler Capital.

jsl1949 said:
If the dealer buys my car from Chrysler credit to sell on their lot, do they get a discount from my residual value per lease?

I'm not sure I understand the nature of your question ... are you talking about at lease end? The dealer buyout option is often less than what Chrysler will sell you the car for.

jsbeach209 · September 2016

Hi, I am looking for money factor and residual 36/15K on a 2017 Summit 4x4 V8 in Pa. Thanks in advance.

jsl1949 · September 2016

When my lease is due I have a residual value that specifies what my cost would be to buy. I called Chrysler and their comment was that the dealer would buy the car from Chrysler for an amount less than the residual if they wanted to sell on their used car lot. Is that true? and any idea how much? My residual value is $25,010 on 2014 Jeep Overland 4x4 with 30K miles and perfect condition.

kyfdx · September 2016

jsl1949 said:
When my lease is due I have a residual value that specifies what my cost would be to buy. I called Chrysler and their comment was that the dealer would buy the car from Chrysler for an amount less than the residual if they wanted to sell on their used car lot. Is that true? and any idea how much? My residual value is $25,010 on 2014 Jeep Overland 4x4 with 30K miles and perfect condition.

It could be true. Chrysler Capital can't get the dealer to pay more than the actual wholesale value, regardless of the residual on your contract. The dealer is likely paying auction value for the vehicle.

kyfdx · September 2016

jsbeach209 said:
Hi, I am looking for money factor and residual 36/15K on a 2017 Summit 4x4 V8 in Pa. Thanks in advance.

.00117 MF and 52% residual

jet1959 · September 2016

2017 GC Trailhawk 36/12 lease - Received below quote from dealer. Seems ridiculously high to me. Any input on how bad this deal is or what I should be targeting for a payment given the info below? I know the residuals on the 17's aren't great right now, so maybe I would be better off waiting until they get better. Thanks

MSRP $49,225
Sale Price $46,004
MF .00117
Residual 52% 25,597
Sales Tax 7% NJ
Monthly Payment $696 (No money down)

kyfdx · September 2016

jet1959 said:
2017 GC Trailhawk 36/12 lease - Received below quote from dealer. Seems ridiculously high to me. Any input on how bad this deal is or what I should be targeting for a payment given the info below? I know the residuals on the 17's aren't great right now, so maybe I would be better off waiting until they get better. Thanks

MSRP $49,225
Sale Price $46,004
MF .00117
Residual 52% 25,597
Sales Tax 7% NJ
Monthly Payment $696 (No money down)

I show Standard MF and 59% residual through Chrysler Capital.
Your numbers look to be from an independent bank.

Either way, I'd wait before signing up for that monthly payment.

jet1959 · September 2016

kyfdx said:

2017 GC Trailhawk 36/12 lease - Received below quote from dealer. Seems ridiculously high to me. Any input on how bad this deal is or what I should be targeting for a payment given the info below? I know the residuals on the 17's aren't great right now, so maybe I would be better off waiting until they get better. Thanks MSRP $49,225 Sale Price $46,004 MF .00117 Residual 52% 25,597 Sales Tax 7% NJ Monthly Payment $696 (No money down)
I show Standard MF and 59% residual through Chrysler Capital. Your numbers look to be from an independent bank. Either way, I'd wait before signing up for that monthly payment.

What MF do you have?

If I use the 59% and my existing MF i get a monthly payment of $575. Sounds more reasonable to me. Does that make sense? Thanks

Michaell · September 2016

jet1959 said:

kyfdx said:

jet1959 said:
2017 GC Trailhawk 36/12 lease - Received below quote from dealer. Seems ridiculously high to me. Any input on how bad this deal is or what I should be targeting for a payment given the info below? I know the residuals on the 17's aren't great right now, so maybe I would be better off waiting until they get better. Thanks

MSRP $49,225
Sale Price $46,004
MF .00117
Residual 52% 25,597
Sales Tax 7% NJ
Monthly Payment $696 (No money down)
I show Standard MF and 59% residual through Chrysler Capital.
Your numbers look to be from an independent bank.

Either way, I'd wait before signing up for that monthly payment.

What MF do you have?

If I use the 59% and my existing MF i get a monthly payment of $575. Sounds more reasonable to me. Does that make sense? Thanks

Standard MF is around .00200 for Chrysler Capital.

Not likely to see the residuals improve, but there is a lot of room for the MF to come down.

jet1959 · September 2016

Thanks.

Just got another lease offer from a PA dealer for $731 a month on the same trailhawk. Guess these dealers just want to keep these cars to themselves. I can lease a gle or x5 for less.

Michaell · September 2016

jet1959 said:
Thanks.

Just got another lease offer from a PA dealer for $731 a month on the same trailhawk. Guess these dealers just want to keep these cars to themselves. I can lease a gle or x5 for less.

New model year + new trim level + limited availability = high lease payment.

Yes, you can lease a German SUV for a comparable price.

gobernaster · September 2016

Are 2017 Trailhawk and Summit lease rates available yet (MF & Residual)? If so please provide for best monthly term. Thank you!

Michaell · September 2016

gobernaster said:
Are 2017 Trailhawk and Summit lease rates available yet (MF & Residual)? If so please provide for best monthly term. Thank you!

Assuming 4x4 for the Summit ....

36/15 numbers:
Summit - .00117 and 52%
Trailhawk - standard MF (around .00200) and 57%

gobernaster · September 2016

Michaell said:

gobernaster said:
Are 2017 Trailhawk and Summit lease rates available yet (MF & Residual)? If so please provide for best monthly term. Thank you!
Assuming 4x4 for the Summit ....

36/15 numbers:
Summit - .00117 and 52%
Trailhawk - standard MF (around .00200) and 57%

Thank you! +2% for 12k, right?

Michaell · September 2016

gobernaster said:

Michaell said:

gobernaster said:
Are 2017 Trailhawk and Summit lease rates available yet (MF & Residual)? If so please provide for best monthly term. Thank you!
Assuming 4x4 for the Summit ....

36/15 numbers:
Summit - .00117 and 52%
Trailhawk - standard MF (around .00200) and 57%
Thank you! +2% for 12k, right?

Yes, that is correct.

stumc1 · September 2016

Hello,

I saw your answer above for the Summit 4X4, is the MF & residual % different for a 2017 GJC Summit 4X2?

Looking for 36/12 and 36/15 values if they are different.

Thanks

kyfdx · September 2016

stumc1 said:
Hello,

I saw your answer above for the Summit 4X4, is the MF & residual % different for a 2017 GJC Summit 4X2?

Looking for 36/12 and 36/15 values if they are different.

Thanks

4X2 numbers aren't as good.

.00142 MF and 53%/51% residual

davebosox1967 · September 2016

Looking for MF and residual on 2016 Trailhawk 4x4 with v6.
36/10k
Seeing crazy incentives on the trailhawk vs the other trims, is Jeep discontinuing the Trailhawk in '17?

Michaell · September 2016

davebosox1967 said:
Looking for MF and residual on 2016 Trailhawk 4x4 with v6.
36/10k
Seeing crazy incentives on the trailhawk vs the other trims, is Jeep discontinuing the Trailhawk in '17?

The 2016 discussion is here:

http://forums.edmunds.com/discussion/38729/jeep/grand-cherokee/2016-jeep-grand-cherokee-lease-questions#latest

bgosnell · September 2016

Looks like Jeep is pushing the 42 month lease on their site. Can you give the 2016 and 2017 42 month residual and mf on 4wd overland for 15k?

kyfdx · September 2016

bgosnell said:
Looks like Jeep is pushing the 42 month lease on their site. Can you give the 2016 and 2017 42 month residual and mf on 4wd overland for 15k?

2017: .00067 MF and 49% residual
2016: .00034 MF and 46% residual

impy5 · September 2016

Would you happen to have MF and residual for a 2017 Limited 4x4, 3/36 for Connecticut? Also is Chrysler Capital really now pushing 39 and 42 month leases? If so would you happen to have numbers on them?

Thanks!

kyfdx · September 2016

impy5 said:
Would you happen to have MF and residual for a 2017 Limited 4x4, 3/36 for Connecticut? Also is Chrysler Capital really now pushing 39 and 42 month leases? If so would you happen to have numbers on them?

Thanks!

.00026 MF and 57% residual
.00026 MF and 55% residual
.00011 MF and 52% residual

impy5 · September 2016

Thank you!

mctwist938 · September 2016

kyfdx said:

impy5 said:
Would you happen to have MF and residual for a 2017 Limited 4x4, 3/36 for Connecticut? Also is Chrysler Capital really now pushing 39 and 42 month leases? If so would you happen to have numbers on them?

Thanks!
.00026 MF and 57% residual
.00026 MF and 55% residual
.00011 MF and 52% residual

Can you give the same numbers here but with 15,000?

Thanks

kyfdx · September 2016

mctwist938 said:

kyfdx said:

impy5 said:
Would you happen to have MF and residual for a 2017 Limited 4x4, 3/36 for Connecticut? Also is Chrysler Capital really now pushing 39 and 42 month leases? If so would you happen to have numbers on them?

Thanks!
.00026 MF and 57% residual
.00026 MF and 55% residual
.00011 MF and 52% residual
Can you give the same numbers here but with 15,000?

Thanks

Subtract 2% to go from 12K/yr to 15K/yr

mctwist938 · September 2016

kyfdx said:

Would you happen to have MF and residual for a 2017 Limited 4x4, 3/36 for Connecticut? Also is Chrysler Capital really now pushing 39 and 42 month leases? If so would you happen to have numbers on them? Thanks!
.00026 MF and 57% residual .00026 MF and 55% residual .00011 MF and 52% residual
Can you give the same numbers here but with 15,000? Thanks
Subtract 2% to go from 12K/yr to 15K/yr

I was just quoted numbers in the 2017 thread as well , and at truecar.com estimated cost for each car as a baseline, I can actually lease a 2017 for cheaper than a 2016? Is that accurate? Very bad mf and residual on the 2016s?

kyfdx · September 2016

mctwist938 said:

kyfdx said:

Would you happen to have MF and residual for a 2017 Limited 4x4, 3/36 for Connecticut? Also is Chrysler Capital really now pushing 39 and 42 month leases? If so would you happen to have numbers on them?

Thanks!
.00026 MF and 57% residual
.00026 MF and 55% residual
.00011 MF and 52% residual

Can you give the same numbers here but with 15,000?

Thanks

Subtract 2% to go from 12K/yr to 15K/yr

I was just quoted numbers in the 2017 thread as well , and at truecar.com estimated cost for each car as a baseline, I can actually lease a 2017 for cheaper than a 2016? Is that accurate? Very bad mf and residual on the 2016s?

It's possible.

But, truecar isn't an actual dealer offer. There may be lease incentives that we don't know about, or that truecar isn't factoring into their estimate.

mctwist938 · September 2016

Can you please give me numbers in Connecticut for a 2017 overland and a 2017 limited 4x4, 12k and 15k?

thanks

Michaell · September 2016

mctwist938 said:
Can you please give me numbers in Connecticut for a 2017 overland and a 2017 limited 4x4, 12k and 15k?

thanks

36/15
Overland - .00084 and 54%
Limited - .00026 and 55

Add 2% for 12K

mctwist938 · September 2016

Michaell said:

mctwist938 said:
Can you please give me numbers in Connecticut for a 2017 overland and a 2017 limited 4x4, 12k and 15k?

thanks
36/15
Overland - .00084 and 54%
Limited - .00026 and 55

Add 2% for 12K

thank you for the quick reply. i apologize, but i forgot to specify, i assume those are the 36 and 39 month numbers, i would also like the 42 month numbers as it seems that there has been a dip in money factor at 42 months. thanks so much.

Michaell · September 2016

mctwist938 said:

Michaell said:

mctwist938 said:
Can you please give me numbers in Connecticut for a 2017 overland and a 2017 limited 4x4, 12k and 15k?

thanks
36/15
Overland - .00084 and 54%
Limited - .00026 and 55

Add 2% for 12K
thank you for the quick reply. i apologize, but i forgot to specify, i assume those are the 36 and 39 month numbers, i would also like the 42 month numbers as it seems that there has been a dip in money factor at 42 months. thanks so much.

Those are only the 36 month numbers; subtract 2% for 39 month terms

42/15 numbers
Overland - .00067 and 49%
Limited - .00011 and 50%

The lower MF is offset by the lower residual; but, run the numbers to see which gives you the best payment.

knackll · September 2016

Hello-would it be possible to get the mf & residual for a 2017 GC Summit 4x4? The term I'm interested in is 24mnths 10k/yr.
Also the same numbers for the Overland.
looking at past posts I have noticed the Summit does not seem to lease well. Why is that?
Thank you in advance!

knackll · September 2016

Thank you

Michaell · September 2016

knackll said:
Hello-would it be possible to get the mf & residual for a 2017 GC Summit 4x4? The term I'm interested in is 24mnths 10k/yr.
Also the same numbers for the Overland.
looking at past posts I have noticed the Summit does not seem to lease well. Why is that?
Thank you in advance!

Summit - .00041 and 58%
Overland - .00022 and 61%

Higher trim levels tend to have poorer numbers.

clawper · September 2016

Is this a good offer? Just got quoted for a 2017 Overland with tow pkg, blind spot detection, safety group upgrades ($48,575 MSRP) for $3500 down, $550/mo including taxes for 36 mo/10k miles/yr. I don't know cap cost, MF or residual numbers. Seems to be a pretty decent offer??

2017 Jeep Grand Cherokee Lease Deals and Prices

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