Car buying Advice - 2017 jeep grand cherokee limited lease

Answers

• kyfdx Moderator Posts: 275,244

  April 2017

  redquartz said:

  I am looking to lease a 2017 jeep grand cherokee limited. MSRP 42380. I can't remember the rest of the figures as they wouldn't let me keep the paper they were on.
  they gave me 2 quotes
  36 @431.46 12000 0 down
  36 @ 399.41 12000 1000 down
  this is all with 5200 in rebates. Is it possible to get the 0 down to 385.00/month?

  We would need to know the selling price and/or adjusted CAP cost.
  Also, the state and tax rate.

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• bjjeong Member Posts: 3

  July 2017 edited July 2017

  Just got lease offer but I'm not sure how good a deal it is.
  
  - California: 7.75% tax
  - 36 month, 10K miles
  
  Grand Cherokee Limited 4x2
  - Luxury Group II
  - Navigation
  
  MSPR: $44,140
  Dealer Discount: $2000
  Rebate: $2750
  Adjusted Cap. Cost: $41,586
  Down Payment: $0
  Acquisition fee: Waived
  Drive Off: Waived
  
  = $518/month (w/o Tax)
  = $560/month (w/ Tax)

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• kyfdx Moderator Posts: 275,244

  July 2017

  bjjeong said:

  Just got lease offer but I'm not sure how good a deal it is.
  
  - California: 7.75% tax
  - 36 month, 10K miles
  
  Grand Cherokee Limited 4x2
  - Luxury Group II
  - Navigation
  
  MSPR: $44,140
  Dealer Discount: $2000
  Rebate: $2750
  Adjusted Cap. Cost: $41,586
  Down Payment: $0
  Acquisition fee: Waived
  Drive Off: Waived
  
  = $518/month (w/o Tax)
  = $560/month (w/ Tax)

  I get $535/mo.+tax with those numbers
  .00008 MF and 51% residual
  
  Considering the lease program, it's not a bad payment. If there is any room to get lower, it's with a bigger dealer discount.

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