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

Jeep Grand Cherokee Lease Questions

492 messages,  Last post on Jul 08, 2008 at 4:07 AM

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 37 of 50 1 ... 34 35 36 37 38 39 40 ... 50 Prev Next Last

Go To Msg # Search This Discussion

#360 of 492 Nov 07 residuals and MF by rpenna Nov 10, 2007 (11:27 am)
Hello Car_man,    I'm looking to lease an 08 Grand Cherokee Limited. Could you please provide November residuals and money factor for a 39 month 15k mi/yr lease? Thanks.   Also, jeep.com is only showing a $500 rebate for a lease on an 08 limited gas engine, with no lease loyalty incentives. But, when I build one, their car configuration program is showing $3500 off. Do you have any insight into what the actual rebates are for november?   The site lists 2 incentives:   Grand Cherokee Limited/Overland (Gas engine) $500 Grand Cherokee w/gas engine (excl. SRT8) $3000 lease cash $1000 lease loyalty   Replies to this message: Car_man (Nov 21, 2007 4:35 am)
#361 of 492 Nov residuals by rpenna Nov 20, 2007 (2:55 pm)
Figured out the incentives, but still looking for November residuals/MF on a 36/39 month lease, 15k miles a year for a 2008 Grand Cherokee Limited 4x4 w/ 5.7L. Thanks.
#362 of 492 Re: Lease terms 2008 [douglasny] by Car_man HOST Nov 21, 2007 (3:47 am)
Replying to: douglasny (Oct 11, 2007 6:45 am) Ahhh, you were interested in info on the 2007 Grand Cherokee. Unfortunately, Chrysler is no longer providing lease support on 2007 models. You can still lease one through Chrysler Financial, but if you do you will have to use its standard lease program. You would probably be better off going with a 2008 model at this point if you want to lease.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#363 of 492 Re: Lease terms 2008 [carhawk1] by Car_man HOST Nov 21, 2007 (3:54 am)
Replying to: carhawk1 (Oct 12, 2007 6:14 pm) Hi carhawk1. You definitely will not miss the boat by waiting until November or December to lease your new Grand Cherokee. The $4,200 dealer discount that you were quoted looks very attractive to me, but Chrysler has dramatically increased its cash incentives on the 2008 Grand Cherokee since you made your post. It is now providing $3,000 lease cash plus up to an additional $750 regional bonus cash on this model. The MyGIG bonus is still there as well. Make sure to take these higher cash allowances into account when negotiating your lease. By waiting to lease, you are now closer to the scheduled end of your current lease plus the incentives that are available on the truck that you want actually increased.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#364 of 492 Re: 2007 Jeep Grand Cherokee 4x4 [joshmmm] by Car_man HOST Nov 21, 2007 (4:04 am)
Replying to: joshmmm (Oct 25, 2007 2:51 pm) Greetings joshmmm. Chrysler pulled the plug on its lease support on 2007 models. If you really want to lease, you would probably be better off going with a 2008 model at this point.   This truck's lease program varies by term and mileage allowance. You never mentioned how long you want to lease it for or what mileage allowance you need, so for now I will assume that you are interested in a 36 month lease with 12,000 miles per year. Let me know if you want something different. Chrysler Financial's current 36 months buy rate lease money factor and residual value for a 2008 Jeep Grand Cherokee Limited 4WD with 12,000 miles per year are .00001 and 45%, respectively. The numbers for an otherwise identical lease of a 2008 Grand Cherokee Overland 4WD would be .00017 and 45%.   When negotiating your lease on these trucks, make sure to take the $3,000 lease cash and up to an additional $750 in regional bonus cash into account. The cash incentives will help you to negotiate an attractive capitalized cost for your lease.   You never mentioned the selling price or MSRP of the exact truck that you are interested in leasing. These are important numbers for you as a consumer to know for two reasons. First, the selling prices of leased vehicles can be negotiated, just as if you were paying cash for them. Without knowing what this vehicle's selling price is in relation to its MSRP you don't know how much of a discount you are getting on it. The second reason is that one needs the selling price and MSRP, including the destination charge, of a vehicle to calculate its lease payment. I would be more than happy to work up a sample lease payment on the Grand Cherokee that you are interested in for you if you let me know what these numbers are.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#365 of 492 Re: 2008 Grand Cherokee Laredo 4x4 residual & money factor? [deejay2099] by Car_man HOST Nov 21, 2007 (4:13 am)
Replying to: deejay2099 (Oct 30, 2007 4:29 pm) Things are going very well, deejay2099. Thanks. Here's the info that you're looking for. Chrysler Financial's current buy rate lease money factor and residual value for a 36 month lease of a 2008 Jeep Grand Cherokee Laredo 4WD with 15,000 miles per year are .00041 and 44%, respectively. The numbers for an otherwise identical 39 month lease are .00091 and 43%. Don't forget to take the lease cash that I mentioned in previous posts into account when negotiating the cap cost for your lease.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#366 of 492 Re: Nov 07 residuals and MF [rpenna] by Car_man HOST Nov 21, 2007 (4:35 am)
Replying to: rpenna (Nov 10, 2007 11:27 am) Hello rpenna. Here's the information that you're looking for. Chrysler Financial's current buy rate lease money factor and residual value for a 36 month lease of a 2008 Jeep Grand Cherokee Limited 4WD with 15,000 miles per year are .00068 and 45%, respectively. The numbers for an otherwise identical 39 month lease are .00120 and 44%.   As far as the cash incentives that are available on this truck go, Chrysler is currently providing $3,000 lease cash plus up to an additional $750 regional bonus cash on the '08 Grand Cherokee. Make sure to take this cash into account when negotiating your lease.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#367 of 492 Deal done by rpenna Nov 21, 2007 (6:33 am)
Hi everyone,   Talked to my salesperson last night, this is the final deal, which I'll be taking:   2008 Grand Cherokee 4x4 Limited with 5.7L Hemi   36 month lease / 15k miles/yr   MSRP: $42,600 Residual: 45% Cap Cost: $36,100 (includes $3500 in rebates) Money Factor: 0.00021 (0.5%) Additional Fees: $700 (I forget what this was, doc / dealer fee) Total out of pocket: $1000   Monthly payment: $507   This includes 7.25% sales tax.   It seems like a good deal to me. They started at 37,200 which made the payment 536/mo. I pressed them for 495/mo but they would not budge. I wasn't going to kill the deal over $12/mo.   Thanks to everyone for their experiences, it was a great help going into the negotiations. Replies to this message: Car_man (Nov 26, 2007 3:06 am)
#368 of 492 Re: Deal done [rpenna] by Car_man HOST Nov 26, 2007 (3:06 am)
Replying to: rpenna (Nov 21, 2007 6:33 am) Hi rpenna. Congratulations on arriving at a deal that you are happy with on the Grand Cherokee that you are interested in. Thanks for taking the time to share the details with everyone. Make sure to stop by the new Dealer Ratings & Reviews discussion to share your thoughts on your recent dealer experience. Thanks again and enjoy your new ride .   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#369 of 492 08 Gr Cherokee Overland Lease by christiands Nov 26, 2007 (3:19 pm)
We were going to get a Chrylser 300C loaded, but decided to stick with what we've had for years: a Jeep. People can slam gas mileage and everything else, but when we go "up north" in Michigan the capability is incredible. Anyway, this is our 5th new Jeep (Commanders and GCs) and this has to be by far the best deal we've made.   2008 GC Overland 4WD, only option white letter tires MSRP: $44,325 Sale Price: $36,903 Net Cap Cost: $32,342 (liscense, acq, fees, taxes, rebates, 1st payment)   36 mos, 10,500 miles = 46% residual Rebates total: $6,000 (we're eligible for everything including Employee price/bonus) Monthly payment: $395 even including 6% tax Money factor: .00077 (a little high, but I know why and still 1.8%!)   $0 due at signing "Sign and Drive"   I pushed the price down some, but didn't have too much to push. Detroit region by the way. If you can get all the rebates and the EP pricing, this is hard to pass for a $44k SUV.

Messages Page 37 of 50 1 ... 34 35 36 37 38 39 40 ... 50 Prev Next Last

Go To Msg # Search This Discussion

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