The "Standard MF" seems to frequently be a great unknown here on this forum. I have two questions about this:
1. I was wondering how accurate (or inaccurate) it is to use the Lease Calculator at the end of the Jeep.com "Build & Price" process to estimate the Chrysler Capital's "Standard MF" at any given time? Using the known residuals from this forum for the given model/term/mileage allowance, it seems to me that your can back-in to the MF rate used by Jeep.com's "Lease Calculator" (currently approximately .00179). Since the "Buy Calculator" uses the current Chrysler Standard APR of 4.28%, doesn't it stand to reason that the "Lease Calculator" would use the "Standard MF" (which incidentally is almost identical to the Chrysler Standard APR (4.28/2400=.001783333)?
2. Wouldn't some of the more knowledgeable persons on this forum (i.e. Moderators, who I assume are insiders with dealerships or otherwise closely involved in the industry) have the MF information the first time they leased any car to a customer that used Chrysler Capital's "Standard MF"? I am surprised given the number of vehicles that must be leased daily from any given CDJR Dealer that the "Standard MF" is not a know fact within a day or two of the start of the month.
FWIW, I was just "told" by a dealer that the Standard MF was .00217 for a 2-Dr JL Rubicon and that the lowest he would go on my deal was .00255 (with top tier credit), but I am not sure I believe him (i.e. I think he may have been padding the MF by more than the .00038 that he admitted).
Also, not sure if its true or not, but he also said the acquisition fee was $895 on a 48/12 lease and the $595 was only for 36-month leases (or he may have just been adding the allowed $300 padding and using the 48-mo term as justification for it).
-Greg
That seems like a whole lot of guessing...
1) You could be right, but if so, that's the lowest "Standard" MF that we've seen, this year, and seems unlikely. 2) We aren't dealers.
I wouldn't doubt that the .00217 MF given to you is correct. If the dealer is admitting to marking up the money factor, why bother lying about the actual number? I don't know the number, but I'd bet on that one vs. .00179.
The base acquisition fee for 48 months is indeed $895. (But, you are correct.. they can pad it by $300).
Was just quoted for a Jeep Wrangler JL Sahara 4DR, Leather Interior:
10k miles/year, 39 months MSRP-$45,970 CAP-$44,000 (about 4.2% below invoice) RV-65%, 29,880 MF-0.00209 Acquisition fee waived for July
If I put 4k down and pay first payment: 459/month
Any thoughts on this offer? I'm planning to negotiate the CAP price
Is it a Chrysler Capital lease? The residual matches.
With taxes, fees and first payment upfront, I get $517/mo. So... with $4000 upfront, your payment looks about right. Do you have the adjusted CAP cost with the $4000 upfront?
I agree... the selling price is the place to work on the deal. Every $1000 lower saves $28/mo.
Was just quoted for a Jeep Wrangler JL Sahara 4DR, Leather Interior:
10k miles/year, 39 months
MSRP-$45,970
CAP-$44,000 (about 4.2% below invoice)
RV-65%, 29,880
MF-0.00209
Acquisition fee waived for July
If I put 4k down and pay first payment: 459/month
Any thoughts on this offer? I'm planning to negotiate the CAP price
Is it a Chrysler Capital lease?
The residual matches.
With taxes, fees and first payment upfront, I get $517/mo.
So... with $4000 upfront, your payment looks about right.
Do you have the adjusted CAP cost with the $4000 upfront?
I agree... the selling price is the place to work on the deal. Every $1000 lower saves $28/mo.
Yes, it’s Chrysler capital. The exact breakdown was: Market selling price-43,900 Tax-378 License/registration fee-142.50 Tire fee-8 Net price-44,428.50 RV-29881 Total drive off: 4465 39 months/.00209 457/month
Hello, I’m looking for some guidance on an estimate payment on this lease: -2018 JLU Sahara -Selling price: $50k -36month lease -12miles/year -$1000 down -excellent credit score zip: 90505
Hello, I’m looking for some guidance on an estimate payment on this lease: -2018 JLU Sahara -Selling price: $50k -36month lease -12miles/year -$1000 down -excellent credit score zip: 90505
Hello, I’m looking for some guidance on an estimate payment on this lease: -2018 JLU Sahara -Selling price: $50k -36month lease -12miles/year -$1000 down -excellent credit score zip: 90505
What is the MSRP?
This is just an estimate, I’m guessing the msrp will be around 52-54k
Hello, I’m looking for some guidance on an estimate payment on this lease: -2018 JLU Sahara -Selling price: $50k -36month lease -12miles/year -$1000 down -excellent credit score zip: 90505
What is the MSRP?
This is just an estimate, I’m guessing the msrp will be around 52-54k
No need to guess; call the dealer and ask them - it's the bottom number of the factory window sticker.
Comments
1) You could be right, but if so, that's the lowest "Standard" MF that we've seen, this year, and seems unlikely.
2) We aren't dealers.
I wouldn't doubt that the .00217 MF given to you is correct. If the dealer is admitting to marking up the money factor, why bother lying about the actual number? I don't know the number, but I'd bet on that one vs. .00179.
The base acquisition fee for 48 months is indeed $895. (But, you are correct.. they can pad it by $300).
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Can I get the residual value on Jeep unlimited JL sport and sport s? In Florida 33556
Also what is a range or the most I should pay for MF?
Thank you
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
36/10k or 36/15k
72%/70% residual for Sport / Sport S
Add 3% for 10K/yr
We don't know the Standard MF for this month
It should be in the .00190-.00230 range.
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10k miles/year, 39 months
MSRP-$45,970
CAP-$44,000 (about 4.2% below invoice)
RV-65%, 29,880
MF-0.00209
Acquisition fee waived for July
If I put 4k down and pay first payment: 459/month
Any thoughts on this offer? I'm planning to negotiate the CAP price
The residual matches.
With taxes, fees and first payment upfront, I get $517/mo.
So... with $4000 upfront, your payment looks about right.
Do you have the adjusted CAP cost with the $4000 upfront?
I agree... the selling price is the place to work on the deal. Every $1000 lower saves $28/mo.
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Market selling price-43,900
Tax-378
License/registration fee-142.50
Tire fee-8
Net price-44,428.50
RV-29881
Total drive off: 4465
39 months/.00209
457/month
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Also the same for the 2018 JL wrangler Sport S 4 door
Thank you!
Standard MF and 73% / 70% (JLU Sport S) or 72% / 69% (JKU Sport S)
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Is acquisition waived for 28027?
Any incentives for a current Jeep leasee?
Acquisition fee is waived for the SE region, this month.
No information on loyalty incentives.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
I have one more. My dealer has a new 2017 Sahara Unlimited auto. Any numbers on 2017s for a 36/12 or can they no longer be leased?
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
60521
Thanks again
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67%/65% residual for Rubicon/Sahara
Waived in either Mid-Atlantic or Southeast region.
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2-door or 4-door?
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-2018 JLU Sahara
-Selling price: $50k
-36month lease
-12miles/year
-$1000 down
-excellent credit score
zip: 90505
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No need to guess; call the dealer and ask them - it's the bottom number of the factory window sticker.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
36/12 & 36/15 & 39/15
zip: 44446
Is my area one that is acquisition fee is waived?
Thank you!
Standard MF
70%/63% residual for SportS/Sahara
Subtract 1% for 39/15
Add 2% for 12K/yr
Yes... waived for either 36 or 39 month term.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
AT 36/12 (71% for July) and 36/10(1% adder)
JLU sport s
60010
MT ?
tganks!