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Jeep Grand Cherokee, Car Leasing, SUV
#256 of 1406 Re: Carman, can you give me your opinion? [groundhog6]
Feb 09, 2007 (4:48 am)
Hi groundhog6. A base 2007 Jeep Grand Cherokee Overland has a spread of around $3,500 between its full MSRP and its dealer invoice price. On top of that, DaimlerChrysler is providing $3,500 lease cash. That means there is a total of $7,000 to play with. You were quoted a discount of $3,350 on the truck that you are interested in. If this price is after the lease cash is taken into account it is too high. If you are able to have the lease cash subtracted from this number, you're in good shape. Make sure that the dealer uses Chrysler Financial's current .00172 36 month money factor to calculate your truck's monthly payment.
Prices Paid Forum
#257 of 1406 Re: need help [crepitus]
Feb 09, 2007 (4:50 am)
Greetings crepitus. Since you are new to the world of leasing, you definitely should check out the following informative articles that are available here at Edmunds.com prior to visiting any dealers: 10 Steps to Leasing a New Car and Calculate Your Own Lease Payment.
I can give you an idea of what this truck's lease payment would be like, but in order for me to do so I need you to tell me exactly what model you want, i.e. a Laredo 4WD, a Limited 2WD, etc..., and what mileage allowance you need.
Prices Paid Forum
#258 of 1406 Re: Lease end [minn55441]
Feb 09, 2007 (4:54 am)
Hi minn55441. If you are interested in getting out of your lease early, DaimlerChrysler frequently runs early lease termination programs that allow Chrysler Financial lessees out of their deals up to three months early at no charge. You may or may not receive an offer in the mail describing this program to you, but it usually exists. It does not batter whether you finance or lease your new DaimlerChrysler vehicle, but you have to do one of the two through Chrysler Financial to qualify for it. I am not sure if Chrysler Financial still allows you your vehicle's full mileage limit or an adjusted one for the three months that you are not paying for if you take advantage of this program. You will have to check with them or your dealer to find out for certain. Unfortunately, consumers who are significantly under their vehicles' mileage allowances do not receive any credit for unused miles.
Prices Paid Forum
Feb 10, 2007 (6:31 pm)
We test drove the CGL w/Hemi today. My dealer, who I tend to trust priced out the truck with nav and dvd as follows (rough):
said invoice was about 3.5 k off msrp
gave me 4k incentive off
1.5 k i have to pay for my current lease
so selling aroun 39.5
he told me out the door for about 550 a month. Is this in the ballpark?
also, is the hemi worth the extra 1k?
#260 of 1406 Laredo 07 Lease
Feb 10, 2007 (11:06 pm)
Car man, do you know the current money factor, residual #s, and incentives for a 2007 Laredo with either a:
27 / 36 months lease
12k / 15k miles
#261 of 1406 March Lease Deals
Feb 12, 2007 (6:33 am)
Does anyone know when the March lease deals get released?
#262 of 1406 Re: March Lease Deals [fsledjeski]
Feb 13, 2007 (12:26 pm)
I dont think you are getting that great of a deal. I leased a Limited with Hemi a month ago. Car was fully loaded including Nav, DVD, U connect everything possible except the tow package. MSRP was 44,000. I paid $800 at signing total and my lease is $499 a month 27 months with 15k per year in miles.
Hope this helps
Feb 14, 2007 (7:12 pm)
what dealership did you go to if you don't mind me asking? also what was you factor and rebates
#264 of 1406 Lease deals don's look great
Feb 15, 2007 (8:28 am)
I have leased 4 GC's since 1996.
I am currently driving a 04 base 4wd GC, the lease is up in August. Anyhow what I want to say is that on my 02 they had a 6 month pull ahead program and I got the 04, nothing down,no bank fee 0 out of pocket, 289 a month plus 9%pa tax.
They must have been even more desperate to move these back then.
To me some of these lease payments look high, but of course I have the base model 4wd no extras. They will have to give me an even better deal to lease another, 13 MPG going to work on back roads does not cut it with these gas prices, and when it was over 3.25 a gallon I was really not happy. That being said I love driving it. Old Mike
Feb 19, 2007 (3:05 pm)
Thanks for the info Mike. I'm interested in your 6 month pull ahead from a few years ago. How did they treat your mileage at the time? Where you about where you needed to be with 6 months left on your lease? After 24 months on a 39 month lease, I'm about 1,500 miles (one month)over where I should be. It won't be hard to cut back and drive our other vehicle, I'm just wonder how hard I should work at cutting back the miles if they are just going to forgive the excess miles at the time of trade-in anyway.