2018 Jeep Grand Cherokee Lease Deals and Prices

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  • scrayderscrayder Member Posts: 31
    Just received this quote on a 2018 Grand Cherokee Overland 4WD
    MSRP 49190
    ACC 42090
    MF .00152
    RES 55%
    0 down $589 inc tax
    12/36
  • jgchtvtjgchtvt Member Posts: 1
    Hi kyfdx & Michaell,

    Thank you for your contribution.

    Please provide MF and RV for 2018 JEEP GRAND CHEROKEE 4X4 Laredo with Altitude Package (20" BLK Gloss Wheel and BLK Grill) in New York. I am looking for to lease for 10K miles and 39 mos.

    Is the JGC Altitude the same as JGC Laredo w/ Altitude package?

    Dealer quoted:
    449/month includes tax with 846 out of pocket (includes electronic filing 299 + Doc Fee 75 + Inspection 10)

    MSRP 41,975
    Residual Value 23,086 (~55%)
    Selling Price (39,742)
    Customer Rebate (1,250)
    Capitalized Cost (38,492)
    Capped Taxes (1,650)
    Total Capital Cost (40,143)
    Retention Rate (0.00019) - what is this?
    Max Reserve Profit (0.00042) - is this the money factor?

    Please let me know if you need any other information.

    Thanks,
    Vishal




  • MichaellMichaell Moderator Posts: 259,609
    apa1128 said:

    I'm looking at a 2018 High Altitude 4x2. 36/10
    MSRP is $49680
    Selling Price is $43778

    Dealer quoted me $599/mo + tax
    I have no lease numbers. Does this sound correct?
    Seems high to me...what's the MF and RV on the 4x2?

    .00022 and 52%

    With your prices, I get $514/mo plus tax.

    Ask for the adjusted cap cost the dealer is using to get that quote; then, make sure you understand everything that was added in.

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  • MichaellMichaell Moderator Posts: 259,609
    scrayder said:

    Just received this quote on a 2018 Grand Cherokee Overland 4WD
    MSRP 49190
    ACC 42090
    MF .00152
    RES 55%
    0 down $589 inc tax
    12/36

    .00003 and 53%

    Confirm the bank the dealer is using.

    With the prices you've provided, I get $447/mo plus tax.

    What state and tax rate is this?

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  • MichaellMichaell Moderator Posts: 259,609
    jgchtvt said:

    Hi kyfdx & Michaell,

    Thank you for your contribution.

    Please provide MF and RV for 2018 JEEP GRAND CHEROKEE 4X4 Laredo with Altitude Package (20" BLK Gloss Wheel and BLK Grill) in New York. I am looking for to lease for 10K miles and 39 mos.

    Is the JGC Altitude the same as JGC Laredo w/ Altitude package?

    Dealer quoted:
    449/month includes tax with 846 out of pocket (includes electronic filing 299 + Doc Fee 75 + Inspection 10)

    MSRP 41,975
    Residual Value 23,086 (~55%)
    Selling Price (39,742)
    Customer Rebate (1,250)
    Capitalized Cost (38,492)
    Capped Taxes (1,650)
    Total Capital Cost (40,143)
    Retention Rate (0.00019) - what is this?
    Max Reserve Profit (0.00042) - is this the money factor?

    Please let me know if you need any other information.

    Thanks,
    Vishal

    .00019 and 55% for both Altitude and Laredo

    The .00019 is the base MF; the .00042 is the max markup the dealer can add to the base MF.

    With the selling price and total capital cost you've provided, I get $449/mo, as well.

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  • scrayderscrayder Member Posts: 31
    Michaell said:

    scrayder said:

    Just received this quote on a 2018 Grand Cherokee Overland 4WD
    MSRP 49190
    ACC 42090
    MF .00152
    RES 55%
    0 down $589 inc tax
    12/36

    .00003 and 53%

    Confirm the bank the dealer is using.

    With the prices you've provided, I get $447/mo plus tax.

    What state and tax rate is this?

    PA 9%
  • MichaellMichaell Moderator Posts: 259,609
    scrayder said:

    Michaell said:

    scrayder said:

    Just received this quote on a 2018 Grand Cherokee Overland 4WD
    MSRP 49190
    ACC 42090
    MF .00152
    RES 55%
    0 down $589 inc tax
    12/36

    .00003 and 53%

    Confirm the bank the dealer is using.

    With the prices you've provided, I get $447/mo plus tax.

    What state and tax rate is this?

    PA 9%
    $487/mo with tax.

    The only variables in a lease calculation are the adjusted cap cost and the MF.

    What bank is funding this lease?

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  • divisionbell77divisionbell77 Member Posts: 11
    Looking for MF and residual for a 2018 Limited 4x4, both the V6 and 5.7 liter(if there is a difference). If there is a change due to package, I am looking at the Sterling Ed with the Sterling Luxury Group.

    10k, 36 months. Live in Ohio, if that matters.
  • Carcar987Carcar987 Member Posts: 15
    Hello, Is this a decent deal? 2018 Grand Cherokee Limited black on black with sunroof and 4c nav 8.4, 36months, 15k a year in Massachusetts. Only first month down of $483. $483 a month (including sales tax) for 35 more months. MSRP $43,880. Sale Price after rebates $38,293. Rate of .0008. Residual 53% or $23,256. Lease through Chrysler Capital. Appreciate any comments. Thank you.
  • kyfdxkyfdx Moderator Posts: 261,673

    Looking for MF and residual for a 2018 Limited 4x4, both the V6 and 5.7 liter(if there is a difference). If there is a change due to package, I am looking at the Sterling Ed with the Sterling Luxury Group.

    10k, 36 months. Live in Ohio, if that matters.

    .00008 MF and 56% residual for Limited or Limited/Sterling

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  • MichaellMichaell Moderator Posts: 259,609

    Looking for MF and residual for a 2018 Limited 4x4, both the V6 and 5.7 liter(if there is a difference). If there is a change due to package, I am looking at the Sterling Ed with the Sterling Luxury Group.

    10k, 36 months. Live in Ohio, if that matters.

    No difference in the lease numbers for engine choice, or packages.

    .00008 and 56%

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  • kyfdxkyfdx Moderator Posts: 261,673
    Carcar987 said:

    Hello, Is this a decent deal? 2018 Grand Cherokee Limited black on black with sunroof and 4c nav 8.4, 36months, 15k a year in Massachusetts. Only first month down of $483. $483 a month (including sales tax) for 35 more months. MSRP $43,880. Sale Price after rebates $38,293. Rate of .0008. Residual 53% or $23,256. Lease through Chrysler Capital. Appreciate any comments. Thank you.

    .00008 (4 zeroes) MF and 53% residual.
    I get $422/mo.+tax, without adding in any fees/upfront charges.
    If acquisition, dealer and DMV fees adds up to around $1200, it looks good.

    That's a pretty good deal.

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  • MichaellMichaell Moderator Posts: 259,609
    Carcar987 said:

    Hello, Is this a decent deal? 2018 Grand Cherokee Limited black on black with sunroof and 4c nav 8.4, 36months, 15k a year in Massachusetts. Only first month down of $483. $483 a month (including sales tax) for 35 more months. MSRP $43,880. Sale Price after rebates $38,293. Rate of .0008. Residual 53% or $23,256. Lease through Chrysler Capital. Appreciate any comments. Thank you.

    Assuming 4x4, .00008 (4 zeroes) and 53%

    With the prices provided, I get $449/mo with 6.25% tax included. If I use the .00080 MF that you mentioned, the payment goes up to $496/mo.

    Ask the dealer for the adjusted cap cost, and make sure you understand everything that was added to the selling price to get to that number.

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  • nhholl18nhholl18 Member Posts: 16
    edited November 2017
    2018 Grand Cherokee SRT MF and Residual Please? 36mo and 15k. thanks!
  • MichaellMichaell Moderator Posts: 259,609
    nhholl18 said:

    2018 Grand Cherokee SRT MF and Residual Please? 36mo and 15k. thanks!

    .00102 and 51% for both 36/15 or 39/15

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  • persik1persik1 Member Posts: 4
    Could you post MF and Res numbers for 2018 GC Loredo 2x4, 36mo / 15k in South California.
    Also the same for 2017 (not to ask the same question twice:-)
    Thanks!
  • jmd4444jmd4444 Member Posts: 17
    edited November 2017
    Residual value and MF on 2018 Grand Cherokee 4x4 for the following trim levels:
    * Limited 4x4 36 months and 15,000 miles
    * Overland 4x4 36 months and 15,000 miles
    * Summit 4x4 36 months and 15,000 miles

    appleton, wi
  • MichaellMichaell Moderator Posts: 259,609
    persik1 said:

    Could you post MF and Res numbers for 2018 GC Loredo 2x4, 36mo / 15k in South California.
    Also the same for 2017 (not to ask the same question twice:-)
    Thanks!

    2018 - .00010 and 49% for 36/15; however, the residual is 50% for 39/15

    2017 Grand Cherokee lease thread is here:

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

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  • MichaellMichaell Moderator Posts: 259,609
    jmd4444 said:

    Residual value and MF on 2018 Grand Cherokee 4x4 for the following trim levels:
    * Limited 4x4 36 months and 15,000 miles
    * Overland 4x4 36 months and 15,000 miles
    * Summit 4x4 36 months and 15,000 miles

    appleton, wi

    LTD - .00008 and 53%
    OVR - .00003 and 51%
    SUM - .00036 and 49%

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  • trailhawker91trailhawker91 Member Posts: 10
    Hi, could I get the November RV/MF for 2018 Trailhawk 12/36 12/39 4x4
  • MichaellMichaell Moderator Posts: 259,609

    Hi, could I get the November RV/MF for 2018 Trailhawk 12/36 12/39 4x4

    .00053 and 55% for both terms.

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  • xhlar8cfxhlar8cf Member Posts: 22
    What’s a better term 36 or 39 months for JGC Overland High Altitude 15k miles year 4x4 in Virginia   Thanks 
  • MichaellMichaell Moderator Posts: 259,609
    xhlar8cf said:

    What’s a better term 36 or 39 months for JGC Overland High Altitude 15k miles year 4x4 in Virginia   Thanks 

    .00003 and 51% (36/15) or 50% (39/15)

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  • knackllknackll Member Posts: 21
    May I please get the November lease numbers on a JGC Summit 4x4?
    36/12k
    36/15k
    Also
    39/12k
    39/15k

    Thank you in advance!

  • kyfdxkyfdx Moderator Posts: 261,673
    knackll said:

    May I please get the November lease numbers on a JGC Summit 4x4?
    36/12k
    36/15k
    Also
    39/12k
    39/15k

    Thank you in advance!

    .00036 MF and 49%/48% residual for 36/39 mo, 15K/yr
    Add 2% for 12K/yr

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  • Andrew StevensAndrew Stevens Member Posts: 69
    2018 Jeep Grand Cherokee High Altitude 4WD . 19963 zip code. What are money factors, residual % and any lease rebates? 36/39 mos 12k/15k miles
  • MichaellMichaell Moderator Posts: 259,609
    vanzant68 said:

    2018 Jeep Grand Cherokee High Altitude 4WD . 19963 zip code. What are money factors, residual % and any lease rebates? 36/39 mos 12k/15k miles

    15K residuals; add 2% for 12K
    .00003 and 51% / 50%

    No incentive information

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  • bigbg25bigbg25 Member Posts: 23
    Checking on this deal:
    NJ- 08204 2018 Jeep GC Altitude 4x4

    MSRP $41,280
    Sale price $39,319
    Chrysler Capital rebate $1,250
    Returning lessee $1,250
    NJ taxes and fees already included

    Lease for 39 months/12,000 miles per year
    $0 Down, payments are $444.24

    The Residual is $22,291.20 at 54%.
    Chrysler Capital money factor is 0.00019.
    Top tier used in quote. (I don't think I'll qualify- more below)
    NJ lease tax $1,273.73
    NJ fees $624.


    I have a contact at a dealer who is a family friend. He told me to wait for better incentives. In the meantime, I had this dealer provide this quote. They seemed to provide the best offers in the Phila area so I checked back in with them. I suspect the family friend can push me through with better credit(assumption) and take my lease in without any additional fees, but I'm not 100% sure he always provides the best rate.

    thoughts on the above deal with this in mind? not sure they may try to hammer me with the trade in or credit(610)- could use tires. 1/4 inch crack in windshield(I read this would be fine.)

  • MichaellMichaell Moderator Posts: 259,609
    bigbg25 said:

    Checking on this deal:
    NJ- 08204 2018 Jeep GC Altitude 4x4

    MSRP $41,280
    Sale price $39,319
    Chrysler Capital rebate $1,250
    Returning lessee $1,250
    NJ taxes and fees already included

    Lease for 39 months/12,000 miles per year
    $0 Down, payments are $444.24

    The Residual is $22,291.20 at 54%.
    Chrysler Capital money factor is 0.00019.
    Top tier used in quote. (I don't think I'll qualify- more below)
    NJ lease tax $1,273.73
    NJ fees $624.


    I have a contact at a dealer who is a family friend. He told me to wait for better incentives. In the meantime, I had this dealer provide this quote. They seemed to provide the best offers in the Phila area so I checked back in with them. I suspect the family friend can push me through with better credit(assumption) and take my lease in without any additional fees, but I'm not 100% sure he always provides the best rate.

    thoughts on the above deal with this in mind? not sure they may try to hammer me with the trade in or credit(610)- could use tires. 1/4 inch crack in windshield(I read this would be fine.)

    I confirm .00019 and 54% for 39/12

    We don't have the scores that correspond to the tiers, but add .00021 / .00060 / .00159 / .00350 for tiers 2-5

    We don't have any incentive information.

    I'm a few dollars off of that quote - $448/mo

    What brand of vehicle are you turning in? The windshield crack may not be an issue, but the tires could be.

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  • bigbg25bigbg25 Member Posts: 23
    2015 Jeep Patriot. I actually double checked the tires and they aren't as bad as I originally thought. It's close, but should be fine.
  • guill1234guill1234 Member Posts: 16
    Can I get the MF and RV for a 2017 and 2018 Grand Cherokee altitude in Los Angeles CA?

    24/12k
    36/12k
  • MichaellMichaell Moderator Posts: 259,609
    guill1234 said:

    Can I get the MF and RV for a 2017 and 2018 Grand Cherokee altitude in Los Angeles CA?

    24/12k
    36/12k

    4x4 or 4x2?

    2017 Grand Cherokee lease thread is here:

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

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  • guill1234guill1234 Member Posts: 16
    4x2, thanks
  • 1cent1cent Member Posts: 5
    edited November 2017
    Can you provide the MF and Residual for 2018 Jeep Grand Cherokee Overland 4x4 and 2018 JGC Limited 4x4 in Detroit, Michigan?
    It is for 12k miles/yr at either 24 or 27 month lease, thanks.
  • kyfdxkyfdx Moderator Posts: 261,673
    guill1234 said:

    Can I get the MF and RV for a 2017 and 2018 Grand Cherokee altitude in Los Angeles CA?

    24/12k
    36/12k

    guill1234 said:

    4x2, thanks

    2018
    27/12: .00001 MF and 61% residual
    39/12: .00010 MF and 52% residual

    27 and 39 months are the best terms, this month.

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  • kyfdxkyfdx Moderator Posts: 261,673
    1cent said:

    Can you provide the MF and Residual for 2018 Jeep Grand Cherokee Overland 4x4 and 2018 JGC Limited 4x4 in Detroit, Michigan?
    It is for 12k miles/yr at either 24 or 27 month lease, thanks.

    Overland
    27/12: .00035 MF and 61% residual
    Limited
    27/12: .00018 MF and 62% residual

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  • _jychicago_jychicago Member Posts: 1
    Hi,

    Can I get the MF & residual for 36/10 for 2018 GC Limited 4x4 in Chicago?

    Thank you very much.

    J
  • MichaellMichaell Moderator Posts: 259,609

    Hi,

    Can I get the MF & residual for 36/10 for 2018 GC Limited 4x4 in Chicago?

    Thank you very much.

    J

    .00008 and 56%

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  • ccarz90ccarz90 Member Posts: 8
    edited November 2017
    Hi guys,
    Can I get the MF, RV and incentives for 2018 GC Altitude 4x4 for 12,000 miles / 36 months as well as 12,000 miles / 27 month in NJ. Also, I know Jeep offers 39 month leases. Would there be a reason someone would pick a 39 month opposed to a "standard" 36 month lease  considering that the last 3 months on a 39 month lease is out of warranty? I'm new to the whole leasing thing so any advice would be greatly appreciated! Thanks in advance!! 
  • MichaellMichaell Moderator Posts: 259,609
    ccarz90 said:

    Hi guys,
    Can I get the MF, RV and incentives for 2018 GC Altitude 4x4 for 12,000 miles / 36 months as well as 12,000 miles / 27 month in NJ. Also, I know Jeep offers 39 month leases. Would there be a reason someone would pick a 39 month opposed to a "standard" 36 month lease  considering that the last 3 months on a 39 month lease is out of warranty? I'm new to the whole leasing thing so any advice would be greatly appreciated! Thanks in advance!! 

    27/12 - .00037 and 64%
    39/12 - .00019 and 54%

    The payment on a 39 month lease will be slightly lower than on a 36 month lease, this month. Yes, there is a small risk of a warranty issue, but if you're that concerned with the reliability, you should stick with Toyota or Honda. :sunglasses:

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  • nathanjohn314nathanjohn314 Member Posts: 8
    Hello can I get the residual % and MF for 2018 GC Altitude 4x4 for 27/10k in detroit and for las vegas? I live in both areas. Curious if it is the same in both areas.

    Also how much do the numbers change if I went with 4x2? Thank you!
  • ccarz90ccarz90 Member Posts: 8
    Michaell said:
    Hi guys,
    Can I get the MF, RV and incentives for 2018 GC Altitude 4x4 for 12,000 miles / 36 months as well as 12,000 miles / 27 month in NJ. Also, I know Jeep offers 39 month leases. Would there be a reason someone would pick a 39 month opposed to a "standard" 36 month lease  considering that the last 3 months on a 39 month lease is out of warranty? I'm new to the whole leasing thing so any advice would be greatly appreciated! Thanks in advance!! 
    27/12 - .00037 and 64% 39/12 - .00019 and 54% The payment on a 39 month lease will be slightly lower than on a 36 month lease, this month. Yes, there is a small risk of a warranty issue, but if you're that concerned with the reliability, you should stick with Toyota or Honda. :sunglasses:
    Thanks for the speedy response! I agree though, 3 months of out of warranty shouldn't be an issue. What do you suggest rolling into a lease vs. what expenses I should pay out of pocket? 
  • ezericsezerics Member Posts: 49
    could you please give me the residual and mf for a 2018 JGC LTD 4x4, 10k mi and either 36 or 39 months? Thanks in advance.
  • MichaellMichaell Moderator Posts: 259,609

    Hello can I get the residual % and MF for 2018 GC Altitude 4x4 for 27/10k in detroit and for las vegas? I live in both areas. Curious if it is the same in both areas.

    Also how much do the numbers change if I went with 4x2? Thank you!

    .00037 and 65% for 4x4
    .00001 and 62% for 4x2

    Numbers are national.

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  • MichaellMichaell Moderator Posts: 259,609
    ccarz90 said:


    Michaell said:

    ccarz90 said:

    Hi guys,
    Can I get the MF, RV and incentives for 2018 GC Altitude 4x4 for 12,000 miles / 36 months as well as 12,000 miles / 27 month in NJ. Also, I know Jeep offers 39 month leases. Would there be a reason someone would pick a 39 month opposed to a "standard" 36 month lease  considering that the last 3 months on a 39 month lease is out of warranty? I'm new to the whole leasing thing so any advice would be greatly appreciated! Thanks in advance!! 

    27/12 - .00037 and 64%
    39/12 - .00019 and 54%

    The payment on a 39 month lease will be slightly lower than on a 36 month lease, this month. Yes, there is a small risk of a warranty issue, but if you're that concerned with the reliability, you should stick with Toyota or Honda. :sunglasses:

    Thanks for the speedy response! I agree though, 3 months of out of warranty shouldn't be an issue. What do you suggest rolling into a lease vs. what expenses I should pay out of pocket? 

    Out of pocket should include first payment and DMV costs only. Roll everything else into the lease payment.

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  • MichaellMichaell Moderator Posts: 259,609
    ezerics said:

    could you please give me the residual and mf for a 2018 JGC LTD 4x4, 10k mi and either 36 or 39 months? Thanks in advance.

    .00008 and 56% /54% for 36/39 months, 10K

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  • loveitliveloveitlive Member Posts: 5
    Hi, looking for the numbers for the following in Chicago area and does Jeep accept multiple security deposits to lower the money factor?
    18 4x4 Overland 36/12
    18 4x4 Sterling 36/12
    18 4x4 Limited 36/12

    Thanks!
  • MichaellMichaell Moderator Posts: 259,609

    Hi, looking for the numbers for the following in Chicago area and does Jeep accept multiple security deposits to lower the money factor?
    18 4x4 Overland 36/12
    18 4x4 Sterling 36/12
    18 4x4 Limited 36/12

    Thanks!

    No MSD program for Chrysler Capital.

    OVR - .00003 and 53%
    STER - .00008 and 55%
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  • bigbg25bigbg25 Member Posts: 23
    ccarz90 said:

    Hi guys,
    Can I get the MF, RV and incentives for 2018 GC Altitude 4x4 for 12,000 miles / 36 months as well as 12,000 miles / 27 month in NJ. Also, I know Jeep offers 39 month leases. Would there be a reason someone would pick a 39 month opposed to a "standard" 36 month lease  considering that the last 3 months on a 39 month lease is out of warranty? I'm new to the whole leasing thing so any advice would be greatly appreciated! Thanks in advance!! 

    let me know where you end up. also looking in the NJ/ Phila area but will register in NJ.
  • lewmer1lewmer1 Member Posts: 3
    Would like to upgrade from Cherokee lease (expiring) to 2018 six cylinder 4x4 Grand Cherokee Limited with lux2 and blind spot packages (MSRP $46380) 36/12 lease for 500/month including taxes in Kansas. Is that currently a reasonable expectation with first payment only down?
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