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2016 Jeep Grand Cherokee Lease Questions

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  • kyfdxkyfdx Moderator Posts: 236,789

    Hi - I have an offer for a 2016 Jeep Grand Cherokee Overland 4x2 in Austin, TX for 549.00 per month including taxes etc..

    39/12 MF.00048 Residual 48%. MSRP is $48,180 and $8050 in discounts/rebates.

    Rolling in roughly 2000.00 in remaining payments rolled in. Adjusted total cap cost (incl taxes and title fees) is 45,507.13

    Is this a good deal? I have 4 months remaining on a current lease - but if the prices for a similarly situated lease will be subject to fewer discounts in June, I would pull the trigger now.

    Thanks!

    .00045 MF and 48% residual.

    With those terms, I get $606/mo.

    Can't tell you what might happen in June, other than there probably won't be any leases available on 2016 models.

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  • flaviafacieflaviafacie Member Posts: 9
    edited December 2016
    Hi there, could I have the MF and RV for a 2016 GC Overland 4x4 10K/15K miles, 36 months please?

    Does the MF or RV change regionally? Thank you!
  • MichaellMichaell Moderator Posts: 241,012

    Hi there, could I have the MF and RV for a 2016 GC Overland 4x4 10K/15K miles, 36 months please?

    Does the MF or RV change regionally? Thank you!

    .00017 and 52% / 49%

    There are regional numbers, but nothing so big as to make a difference.

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  • jkedmundsjkedmunds Member Posts: 2
    Michaell said:

    jkedmunds said:

    2016 Summit Ecodiesel demo model (already has 5k miles on odometer). $54k is the selling price. NJ sales tax of 7%.

    Can I get Residual and MF for the following options?:
    - 24 Months / 15k miles per year
    - 36 Months / 15k Miles per year

    Assuming 4x4 ...

    24/15 - .00015 and 54%
    36/15 - .00093 and 51%
    Yes 4x4
    Wow - the 36 month option is at a whopping 22.3% APR (.0093 MF) whereas the 24 month is 3.6%? Why so high for the extra year?
  • kyfdxkyfdx Moderator Posts: 236,789
    jkedmunds said:

    Michaell said:

    jkedmunds said:

    2016 Summit Ecodiesel demo model (already has 5k miles on odometer). $54k is the selling price. NJ sales tax of 7%.

    Can I get Residual and MF for the following options?:
    - 24 Months / 15k miles per year
    - 36 Months / 15k Miles per year

    Assuming 4x4 ...

    24/15 - .00015 and 54%
    36/15 - .00093 and 51%
    Yes 4x4
    Wow - the 36 month option is at a whopping 22.3% APR (.0093 MF) whereas the 24 month is 3.6%? Why so high for the extra year?
    It's .00093. Three zeroes.. That's 2.23% APR, more or less.

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  • colt250colt250 Member Posts: 43
    Hi. I am interested in leasing a 2016 GC diesel Overland 4x2 in Florida. Would you please give me the MF & RV for 36 or 39 with 12k and 10k. Thank you
  • MichaellMichaell Moderator Posts: 241,012
    colt250 said:

    Hi. I am interested in leasing a 2016 GC diesel Overland 4x2 in Florida. Would you please give me the MF & RV for 36 or 39 with 12k and 10k. Thank you

    .00045 and 52% (36/12) or 50% (39/12). Add 1% for 10K

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  • colt250colt250 Member Posts: 43
    Thank you. Is there a different MF & RV for the 2016 JGC High Altitude 4x2 Diesel (36/10k)?
  • kyfdxkyfdx Moderator Posts: 236,789
    colt250 said:

    Thank you. Is there a different MF & RV for the 2016 JGC High Altitude 4x2 Diesel (36/10k)?

    The other numbers expired yesterday.
    New January program:

    Standard MF and 51% residual

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  • jsbeach209jsbeach209 Member Posts: 25
    Good evening, Looking for MF & Residual on a 2016 SRT Night in Pa 36/12 27/12 and or wherever the leasing sweet spot is on this model. Thanks in advance.
  • MichaellMichaell Moderator Posts: 241,012

    Good evening, Looking for MF & Residual on a 2016 SRT Night in Pa 36/12 27/12 and or wherever the leasing sweet spot is on this model. Thanks in advance.

    No sweet spot to speak of.

    Standard MF (around .00200) and 47% (36/12) or 49% (27/12)

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  • anderm30anderm30 Member Posts: 88
    What are the 36/12 or 39/12 numbers for a 16 Overland 4x4 V6 in TN? Still decent? Thanks!
  • kyfdxkyfdx Moderator Posts: 236,789
    anderm30 said:

    What are the 36/12 or 39/12 numbers for a 16 Overland 4x4 V6 in TN? Still decent? Thanks!

    Standard MF and 50%/48% residual for 36/39 mo.

    Might be better off looking at a 2017 model, at this point.

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  • ryansiebeckerryansiebecker Member Posts: 42
    Could I have the Summit 4x4 numbers for 36/10K in Pennsylvania? Thanks in advance.
  • kyfdxkyfdx Moderator Posts: 236,789

    Could I have the Summit 4x4 numbers for 36/10K in Pennsylvania? Thanks in advance.

    Standard MF and 49% residual

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  • threefirststhreefirsts Member Posts: 24
    2017 Jeep Grand Cherokee Limited
    24/12
    36/12

    any chance leasing one under $300 with LOW $ down?
  • MichaellMichaell Moderator Posts: 241,012

    2017 Jeep Grand Cherokee Limited
    24/12
    36/12

    any chance leasing one under $300 with LOW $ down?

    2017 thread is here:

    https://forums.edmunds.com/discussion/42511/jeep/grand-cherokee/2017-jeep-grand-cherokee-lease-questions#latest

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  • cad4mecad4me Member Posts: 21
    Can you give me the MF and RV for 2016 JGC SRT8, 36 month, 7.5k & 10k a year in NJ?
  • MichaellMichaell Moderator Posts: 241,012
    cad4me said:

    Can you give me the MF and RV for 2016 JGC SRT8, 36 month, 7.5k & 10k a year in NJ?

    Standard MF and 50% for 36/10.

    No 7500 mileage allowance from Chrysler.

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  • jeep1941jeep1941 Member Posts: 16
    MF and residual for JGC Laredo 4x4 in MN please, thanks!

    36/10
    36/12
    36/15

    39/10
    39/12
    39/15
  • MichaellMichaell Moderator Posts: 241,012
    jeep1941 said:

    MF and residual for JGC Laredo 4x4 in MN please, thanks!

    36/10
    36/12
    36/15

    39/10
    39/12
    39/15

    No support on the 2016 JGC - .00270 and 51% (36/15) or 48% (39/15)

    Add 2% for 12K or 3% for 10K

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  • csmith461csmith461 Member Posts: 13
    Maybe late to the party here but I'm seeing a decent amount of "new" 2016 SRTs available. Is it still possible to lease these (36/15) or would I be better off going for a 2017? Seems like the discounts are MUCH better on the 2016s...
  • MichaellMichaell Moderator Posts: 241,012
    csmith461 said:

    Maybe late to the party here but I'm seeing a decent amount of "new" 2016 SRTs available. Is it still possible to lease these (36/15) or would I be better off going for a 2017? Seems like the discounts are MUCH better on the 2016s...

    No lease support on the 2016's.

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  • colt250colt250 Member Posts: 43
    Hi Would you please give me the MF & RV for a 2016 JGC Overland Diesel 2WD for 36/10k & 36/12k
  • kyfdxkyfdx Moderator Posts: 236,789
    colt250 said:

    Hi Would you please give me the MF & RV for a 2016 JGC Overland Diesel 2WD for 36/10k & 36/12k

    Standard MF and 45%/44% residual

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  • colt250colt250 Member Posts: 43
    Hi would you please give me the August MF& Rv for a 2016 JGC Overland Diesel 36/10k and 36/12k. Also if the MF is standard again this month what is the standard rate? Thank you
  • MichaellMichaell Moderator Posts: 241,012
    colt250 said:

    Hi would you please give me the August MF& Rv for a 2016 JGC Overland Diesel 36/10k and 36/12k. Also if the MF is standard again this month what is the standard rate? Thank you

    4x4 or 4x2?

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  • colt250colt250 Member Posts: 43
    Sorry it is a 4x2
  • MichaellMichaell Moderator Posts: 241,012
    Michaell said:

    colt250 said:

    Hi would you please give me the August MF& Rv for a 2016 JGC Overland Diesel 36/10k and 36/12k. Also if the MF is standard again this month what is the standard rate? Thank you

    4x4 or 4x2?
    colt250 said:

    Sorry it is a 4x2

    45% / 44% and standard MF; no information on what the standard MF rate is this month...

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  • colt250colt250 Member Posts: 43
    Thank you for the information. I am being told by one Jeep dealer that Chrysler financial is not offering leases on 2016 JGC. Is the MF & RV you quoted through Chrysler or Ally. How can I actually verify this if it is with Chrysler?
  • colt250colt250 Member Posts: 43
    Part 2 if the rate you quoted were Chrysler do you know Ally's rates?
  • kyfdxkyfdx Moderator Posts: 236,789
    colt250 said:

    Part 2 if the rate you quoted were Chrysler do you know Ally's rates?

    It's Chrysler.. But, just because they show the numbers doesn't mean they are actually offering the leases.

    We don't have Ally's rates. It's awfully late in the 2017 model year. It's possible there aren't any viable lease programs for a 2016 Jeep.

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  • colt250colt250 Member Posts: 43
    Thank you for answering. My issue is that one dealer is saying there are lease programs the other dealer is saying no just Ally. Unfortunately the best deal is with the dealer without Chrysler lease programs.
  • vsizzle39vsizzle39 Member Posts: 17
    What would be MF and RV on
    2016 Limited 4x4
    NY state (Nassau County)
    36/12
    36/15
  • MichaellMichaell Moderator Posts: 241,012
    vsizzle39 said:

    What would be MF and RV on
    2016 Limited 4x4
    NY state (Nassau County)
    36/12
    36/15

    There are no 2016 Grand Cherokee lease numbers.

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