You are here: Forums Prices Paid: Buying & Leasing Experiences Jeep Grand Cherokee Lease Questions

Jeep Grand Cherokee Lease Questions

490 messages,  Last post on Jul 03, 2008 at 1:57 PM

You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx

What is this discussion about? Jeep Grand Cherokee, Car Leasing, SUV

Messages Page 33 of 50 1 ... 30 31 32 33 34 35 36 ... 50 Prev Next Last

Go To Msg # Search This Discussion

#318 of 490 Re: Residual Value and Money Factors [pbs0626] by pbs0626 May 21, 2007 (6:18 am)
Replying to: pbs0626 (May 21, 2007 6:17 am) Car_Man,   Sorry, this is for a 2WD.   Thanks, Jen from NC
#319 of 490 Grand Cherokee Limited 4WD Lease Payment by joab May 21, 2007 (6:21 pm)
Hi Car_man,   Can you please let me know whether the lease number that I get from my dealer is reasonable? I am interested in leasing with 15,000 mileages per year and I am told that the best deal is 39-month lease, with residual of 45% and money cost of 0.00183.   The car I am interested in is a Grand Cherokee Limited 4WD with 25H Package (Hemi engine), Navigation / Rear back up Camera   MSRP 42,195 Affiliate rewards price: 38,667 (1% below invoice) Cap Cost: 34,167 (include 4,500 cash rebate)   I am quoted 423.88 monthly lease payments with 5,500 due at signing, which include all the fees and 1st month payment.   I am in CT with 6% sales tax, unless I miss some fees, my cap cost reduction should be around 3,628 with the following calculation:   Amount due at signing: 5,500 1st month lease payment: 423.88 * 1.06 = 449.31 Affiliate rewards administration fee: 75 Conveyance Fee: 247 Registration Fee: 183 Bank Fee: 700 Amount due minus all the fees above is 3,845.69 after tax and that correspond to 3,628 pre tax.   My monthly lease should be: Depreciation fee: (cap cost 34,167 – cap cost reduction 3,628 – (msrp 42,195 * 45%)) / term 39 = 296 Monthly Finance Fee: (cap cost 34,167 – cap cost reduction 3,628 + (msrp 42,195 * 45%)) * money cost 0.00183 = 91 Monthly Lease payment = 296 + 91 = 387 + 23 (6% tax) = 410   Can you please tell me whether I am completely off?   Thanks a lot for your help Replies to this message: Car_man (Jun 19, 2007 2:23 am)
#320 of 490 Is this a good deal? by rmalloy1976 May 31, 2007 (10:05 am)
Is this a good deal? 2007 GRAND CHEROKEE ROCKY MOUNTAIN EDITION 4X4 MSRP $32,405 27 Mos 12000 MI/YR $315 a Mo w/2000 out of pocket including all fees and taxes and rebates.   Should I go for more? I also have supplier pricing which according to the sales man is figured in.   Thanks, Replies to this message: Car_man (Jun 19, 2007 2:26 am)
#321 of 490 Residual and money factor by mss1 Jun 08, 2007 (5:15 am)
Hi car man.   I was wondering if you could give me the residuals and money factors on a 2007 Grand Cherokee Overland 4x4 for a 24, 30 and 36 month lease all with 15k miles per year. Also, could you give me the same info on a 2007 Grand Cherokee SRT8?   Any insight as to whether Chrysler will continue incentives past July 2? Thanks in advance. Replies to this message: Car_man (Jun 19, 2007 2:33 am)
#322 of 490 Re: Residual Value and Money Factors [pbs0626] by Car_man HOST Jun 19, 2007 (2:14 am)
Replying to: pbs0626 (May 21, 2007 6:17 am) Hi Jen. Chrysler Financial's lease program for the Jeep Grand Cherokee varies by trim level. You never mentioned which exact model you are interested in, so for now I will assume that you want an '07 Grand Cherokee Laredo 4WD. Let me know if you want something different. Its current buy rate lease money factor and residual value for a 36 month lease of an '07 Grand Cherokee Laredo 4WD with 12,000 miles per year are .00102 and 43%, respectively. DaimlerChrysler is currently providing $3,500 lease cash plus an additional $500 bonus cash, $4,000 total on leases of this model. Make sure to use this cash to help you negotiate an attractive capitalized cost for your lease.   Car_man Host Prices Paid Forum
#323 of 490 Re: Grand Cherokee Limited 4WD Lease Payment [joab] by Car_man HOST Jun 19, 2007 (2:23 am)
Replying to: joab (May 21, 2007 6:21 pm) Greetings joab. The money factor that you were quoted for this truck is right in line with Chrysler Financial's buy rate for it. This is a good thing. Furthermore, a selling price of 1% below dealer invoice is very attractive. I see that you are considering making a $3,600 capitalized cost reduction on your truck. I personally always advise consumers against making large cap cost reductions on leases. Those how make them risk losing all or part of the money that they put down if their vehicle is totaled in an accident or stolen and never recovered. You would be better off going with no cap cost reduction and having a slightly higher monthly payment. In case you are interested, I estimate that this truck's zero down, pre-tax monthly payment is around $519.   Car_man Host Prices Paid Forum
#324 of 490 Re: Is this a good deal? [rmalloy1976] by Car_man HOST Jun 19, 2007 (2:26 am)
Replying to: rmalloy1976 (May 31, 2007 10:05 am) Hi rmalloy1976. The fact that you qualify for DaimlerChrysler's supplier purchase program almost assures that you of getting a good deal on this lease. The $315 per month looks like a very attractive monthly payment for this truck to me.   Car_man Host Prices Paid Forum
#325 of 490 Re: Residual and money factor [mss1] by Car_man HOST Jun 19, 2007 (2:33 am)
Replying to: mss1 (Jun 08, 2007 5:15 am) Hi mss1. I believe that DaimlerChrysler's lease program varies by region. For now I will give you what I believe it its most widely available program. If you let me know what state you are in I can confirm that it is available in your area. Chrysler Financial's current buy rate lease money factor and residual value for a 24 month lease of a 2007 Jeep Grand Cherokee Overland 4WD with 15,000 miles per year are .00167 and 49%, respectively. The numbers for an otherwise identical 30 month lease are .00238 and 45%. Its 36 month numbers are .00238 and 42%.   Chrysler Financial's current buy rate lease money factor and residual value for a 24 month lease of a 2007 Jeep Grand Cherokee SRT-8 4WD with 15,000 miles per year are .00294 and 53%, respectively. The numbers for an otherwise identical 30 month lease are .00319 and 49%. Its 36 month numbers are .00319 and 46%.   I highly doubt that DaimlerChrysler will extend its July lease program past 7/2. If it does extend it, it will probably only be for a few days. I suspect that Chrysler Financial will publish new lower residual values for most vehicles that it leases for the third quarter. DaimlerChrysler will then have to decide if it wants to increase its lease support to maintain the lease payments that it is currently featuring on its vehicles.   Car_man Host Prices Paid Forum
#326 of 490 Expected Lease Payments by hawks29 Jun 20, 2007 (2:24 pm)
Car_Man   Can you please let me know what types of pre-tax lease payments to expect for the following:   GC Limited MSRP $39500 Affiliate Rewards (1% below factory invoice) $3500 Factory Rebate $500 Maximize Miles $1000 Rebate for Limited Pull forward for 3 months 12,000 miles 27 month lease (or others if cheaper)   Thanks for any help. Replies to this message: realtorken1 (Jul 19, 2007 8:30 pm)
#327 of 490 Lease Termination by jilld73 Jun 21, 2007 (8:19 am)
My lease is nearing termination (Oct 1) and I'd like to buy my 04 Grand Cherokee for my contract buy out price of 12,500. This is the first lease I've ever had so this is all new to me...   My question is, will Chrysler Financial offer me financing for that $12,500? Will it be standard used car financing or what can I expect? Should I be seeking my own financing options right now as well? I was told to call back in July when I'm within 90 days of termination for more details but I'd like to know what to expect re: financing and monthly payment.   I definitely want to buy my Jeep,love the truck and I'm also way over miles so I don't want to get hit with all those fees. My researchtells me that my buy out price is a good deal.

Messages Page 33 of 50 1 ... 30 31 32 33 34 35 36 ... 50 Prev Next Last

Go To Msg # Search This Discussion

You are here: Forums Prices Paid: Buying & Leasing Experiences Jeep Grand Cherokee Lease Questions