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Prices Paid: Buying & Leasing Experiences Jeep Grand Cherokee Lease Questions
538 messages, Last post on Nov 20, 2009 at 3:05 PM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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Hi Carman, Can you let me know what the current money factor and residual should be for a 2008 Laredo lease for 36 mths and 15k miles in New York ? Thanks |
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Hey Car_man, Since Chrysler Financial is offering such big incentives on the JGC right now, I am looking into a lease on one....so, if you wouldn't mind, please give me figures for 2008 2WD Jeep Grand Cherokee Ltd 15K/yr 36 or 39 months w/Hemi and Nav Also, what is the difference in residuals/money factor if I go with the Laredo, 2WD. Does the engine choice (V6 vs V8) impact the figures at all? The GC Ltd I am looking at has an MSRP of 38,485....Incentives for me would be $4500, plus whatever I can negotiate. I am hoping to get them close to invoice, which, if I've estimated correctly, would put me in the low 400's for a payment (425-435), if I calculate the sales tax on the negotiated final price (which is what I've always had done in the past). Thanks, ChiGirl
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| Car Man: Is Chrysler/Jeep currently offering an early lease termination (pull ahead) program? If so, how many months? | |
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Replying to: chigirlintexas (Dec 07, 2007 12:53 pm) 196 per month 27 months (payment includes the all taxes -high for NY) I paid in total drive out the door money of $3450 10k miles per year The car was automatic but with nothing else other then sirius satellite. I really had to fight for this deal, so I don't think its common. MSRP was 28.5K think it was 8K off of MSRP and then the residual 15,500 after 27 months. Did I get a good deal? Love the car, I've had other trucks before but I like this ones authetic feel. |
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Replying to: chigirlintexas (Dec 07, 2007 12:53 pm) Never mind.....I drove home in a new (2008) 2WD Grand Cherokee Overland on Saturday night....will post my figures soon. I got a great deal, love the vehicle, thanks to Edmunds for arming me with good info prior to negotiating! ChiGirl |
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Car Man 2008 Jeep Grand Cherokee Laredo 28 W package 4.7 L V8 Trailer Tow Class IV P245 tires msrp $34,530 sell to leasing company $30,550 3500 lease cash I turned last lease in 6 months ago so no loyaly? 36 months 10,500 miles a year money factor .00041 residual 52% Payment $326.00 plus $600 out of pocket to me. is the $750 dealer cash good in Michigan? Is this an ok deal? Thanks, Mark Wagner |
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Here's how my deal breaks down: 2008 Jeep Grand Cherokee Overland 2WD MSRP: $40,890 (OWL tires the only added option) Net Cap Cost: $31101 Sales Tax: $1944 (6.25% in Texas) Total Cap Cost: $33045 Residual: $17,173 (42%) Miles per year: 15K Money factor: .00135 Monthly payment: $474.74/39 months Paid first payment and registration down. We think we got a great deal and love the vehicle! Hope this is helpful to anyone considering a Grand Cherokee. |
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I am currently leasing a 2005 Chrysler Pacifica Touring AWD which is about to run out. I have tried to lease a 2008 Pacifica (any trim level) to no avail. The monthly lease payments even with $2500 down are off the charts. Apparently Chrysler does not want these vehicles back. My long time dealer is trying to steer me into a JGC Laredo lease because of the current incentives for this vehicle, ($4,500) in my case. My question is this. Monthly lease payments with $2,500 down would be $325+/- for a V6 model vs $350 +/- for a V8 (4.7). I am leaning toward the V8. as the 210 HP V6 seems under powered for a 4,500 lb vehicle. Dealer currently has about 20 V6s in his inventory, but only two 4.7 V8s and two Hemi's at $40,000+. Can anyone out there convince me to spend the extra $25/ month for the 4.7 V8. Thanks in advance for your input.
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Replying to: turbanski (Dec 20, 2007 8:53 am) 1) Do you haul (with trailer) things on a regular basis? If yes, go with the V-8. 2) Do you like to hit the gas and feel the response? Get on expressways frequently? If yes, go with the V-8. I had a V6 JGC rental for a week, and it really wasn't bad in terms of response, but after driving the V8, I knew my "need for speed" would require the larger engine. We also occasionally have to haul things, and since I don't have a long commute, gas mileage is not as big a factor for me (please no bashing, environmentalists!). I personally would opt for the bigger engine for the extra $25 since the gas mileage really isn't that much worse, but I'm one of those who likes to feel the response when I am getting on the expressway. I didn't plan on ending up with the Hemi, but to get a vehicle with navigation, the only one in the area was an Overland, so now I am loving the growl of this big boy, and watching the fuel gauge drop almost before my very eyes.... Either way, I think you'll enjoy the vehicle. Good luck with your decision!
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Replying to: chigirlintexas (Dec 20, 2007 3:50 pm)
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