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Jeep Grand Cherokee Lease Questions
1144 messages, Last post on May 23, 2013 at 4:11 AM
You are in the Prices Paid - Buying & Leasing Experiences Forum.What is this discussion about? Jeep Grand Cherokee, Car Leasing, SUV
#1135 of 1144 Re: New Banks [asd302] by Car_man HOST
May 22, 2013 (4:47 pm)
Replying to: asd302 (May 04, 2013 1:25 pm)
I'd be happy to help you out, asd302. Chrysler Capital's May buy rate lease money factor and residual value for a 24-month lease of a 2014 Jeep Grand Cherokee Limited 4WD with 15,000 miles per year are .00030 and 66%. The numbers for an otherwise identical 36-month lease are .00027 and 54%.
The numbers for the 2014 Jeep Grand Cherokee Overland 4WD are .00066 / 63% and .00009 / 50%.
If you were to lease with only 12,000 miles per year, its residual values will be 2% higher.
Chrysler is no longer offering special leases through Ally.
I don't think that Chrysler is currently providing any cash incentives on leases of the '14 Grand Cherokee.
Car_man
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#1136 of 1144 Re: Please Help with May's Numbers [yideng23] by Car_man HOST
May 22, 2013 (4:49 pm)
Replying to: yideng23 (May 04, 2013 7:01 pm)
You're welcome yideng23. Chrysler Capital's May buy rate lease money factor for a 36-month lease of a 2014 Jeep Grand Cherokee Limited 4WD with 12,000 miles per year are .00027 and 56%. Car_man
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#1137 of 1144 Re: Can anyone confirm the May lease rate/residual for the 2014 Jeep Grand Cher [jovani] by Car_man HOST
May 22, 2013 (4:50 pm)
Replying to: jovani (May 07, 2013 7:33 am)
Hello jovani. Please see my previous post for the information that you're looking for. Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#1138 of 1144 Re: New Banks[Car_man] [asd302] by Car_man HOST
May 22, 2013 (4:53 pm)
Replying to: asd302 (May 13, 2013 7:21 pm)
Hey asd302. I'm glad that you've found my posts so helpful. Chrysler Capital's May buy rate lease money factor and residual value for a 24-month lease of a 2014 Jeep Grand Cherokee Limited 4WD with 15,000 miles per year are .00030 and 66%. This truck's 36-month numbers are .00027 and 54%.
The numbers for the Overland 4WD are .00013 / 65% and .00056 / 56%.
The residual value for a lease with 12,000 miles per year would be 2% higher.
Car_man
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#1139 of 1144 Re: 2014 Jeep GC Massachusetts lease numbers [greenwell39] by Car_man HOST
May 22, 2013 (4:58 pm)
Replying to: greenwell39 (May 14, 2013 7:54 am)
Hi greenwell39. The money factor and selling price that you were quoted look great. Using an MSRP of $39,185, a selling price of $35,185, a money factor of .00027 and a residual value of 57% I estimate that this truck's zero down, pre-tax monthly payment should be around $373.
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#1140 of 1144 Re: need some info plz [geox19] by Car_man HOST
May 22, 2013 (5:04 pm)
Replying to: geox19 (May 16, 2013 9:43 pm)
Hello geox19. Chrysler Capital's May buy rate lease money factor and residual value for a 2014 Jeep Grand Cherokee Overland 4WD with 15,000 miles per year are .00009 and 50%. Chrysler Capital is Chrysler's new captive finance company. They just started using them exclusively this month.
If you provide me with this truck's dealer invoice price (you can find it here) I will work up a sample payment on it for you.
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#1141 of 1144 Re: Jeep Overland V6 [vettel3] by Car_man HOST
May 22, 2013 (5:06 pm)
Replying to: vettel3 (May 17, 2013 12:32 pm)
Hey vettel3. Chrysler Capital's May buy rate lease money factor and residual value for a 36-month lease of a 2013 Jeep Grand Cherokee Overland 4WD with 15,000 miles per year are .00009 and 50%. I am not aware of any cash incentives on leases of this truck right now.
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#1142 of 1144 Re: 2014 Overland lease quote - discount and residual value question [remcob] by Car_man HOST
May 22, 2013 (5:13 pm)
Replying to: remcob (May 22, 2013 4:03 pm)
Hi remcob. The 50% residual value that you were quoted is spot on for a 36-month lease of this truck with 15,000 miles per year through Chrysler Capital. the money factor should be .00009. Using that lease program, an MSRP of $50,880 and a selling price of $48,520, I come up with a zero down, pre-tax monthly payment of $648.
This truck probably has a spread of around $3,000 or so between its MSRP and dealer invoice price. The discount that you were quoted doesn't look too bad.
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#1143 of 1144 Re: 2014 JGC Lease (hose job?) [hamfist1] by Car_man HOST
May 22, 2013 (5:20 pm)
Replying to: hamfist1 (May 22, 2013 4:13 pm)
Welcome hamfist1. The money factor that you were quoted is off. Chrysler Capital's May buy rate lease money factor for a 39-month lease of a 2014 Jeep Grand Cherokee Limited 2WD is .00033. The factor for a Limited 4WD is .00027. You might be able to shave a little off of this truck's selling price as well.
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
- hamfist1 (May 23, 2013 4:11 am)
Replies to this message:
#1144 of 1144 Re: 2014 JGC Lease (hose job?) [Car_man] by hamfist1
May 23, 2013 (4:11 am)
Replying to: Car_man (May 22, 2013 5:20 pm)
Thanks! On further investigation, the .00087 was the 'sell rate.' From my research, this is the rate the bank will allow the dealership to pad the lease rate. Is that correct? /hamfist/
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