2020 Jeep Cherokee 4x4 Limited - Deal Assessment

tglaunertglauner NYMember Posts: 1
edited December 2019 in Jeep
I got a new quote and wanted to ask for feedback please.

2020 Jeep Cherokee 4D Limited 4x4
Navigation and 2.0L Turbo Engine are extras
MSRP: $37,335
Cash: $908.27 (TOTAL OUT OF POCKET)
Rebate: $6,750
10K Miles for 36 Months
Residual: 49%

Payment is $372.89

Comments

  • MichaellMichaell ColoradoModerator Posts: 183,019
    tglauner said:

    I got a new quote and wanted to ask for feedback please.

    2020 Jeep Cherokee 4D Limited 4x4
    Navigation and 2.0L Turbo Engine are extras
    MSRP: $37,335
    Cash: $908.27 (TOTAL OUT OF POCKET)
    Rebate: $6,750
    10K Miles for 36 Months
    Residual: 49%

    Payment is $372.89

    what is your location?

    Is the payment inclusive of tax?

    Looks like an Ally or US Bank deal, with those incentives; we don't have their programs to do any sort of validation.

    But, relative to MSRP, seems like a decent deal.

    Edmunds Lease Calculator
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    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • porterhouseporterhouse Member Posts: 4
    I am looking at 2020 Cherokee Limited 4x4 with tech, sunroof, nav, and luxury package. MSRP is $42115.00.
    Is selling price of $34345 a good price? I am looking to lease. what is the MF and RV, and incentives for zip 07940?? Thank you!!!
  • kyfdxkyfdx Moderator Posts: 187,602

    I am looking at 2020 Cherokee Limited 4x4 with tech, sunroof, nav, and luxury package. MSRP is $42115.00.
    Is selling price of $34345 a good price? I am looking to lease. what is the MF and RV, and incentives for zip 07940?? Thank you!!!

    36/15
    .00006 MF and 51% residual
    $3250 incentive

    Edmunds Lease Calculator
    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • MichaellMichaell ColoradoModerator Posts: 183,019

    I am looking at 2020 Cherokee Limited 4x4 with tech, sunroof, nav, and luxury package. MSRP is $42115.00.
    Is selling price of $34345 a good price? I am looking to lease. what is the MF and RV, and incentives for zip 07940?? Thank you!!!

    We don't track pricing; look here for help:
    https://www.edmunds.com/new-cars/

    What lease term and how many miles per year are you looking for?

    Edmunds Lease Calculator
    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

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