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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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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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Replying to: turbanski (Dec 20, 2007 4:19 pm)
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Replying to: naatz1 (Dec 20, 2007 6:10 pm)
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Replying to: turbanski (Dec 20, 2007 7:43 pm) I felt a little cramped in the Saturn (I'm 5'11, hubby is 6'3") and l prefer being higher up for visibility. The Saturn is smooth, no doubt, but I personally liked the trim/finish in the Jeep better. The wood trim in the Outlook looked fake and cheap, IMO, and I just couldn't get excited about it. I am loving the Jeep--the higher ride, the V8 power, the interior look....what can I say? I looked with an open mind, but just couldn't find anything I liked as much as the Jeep for the $$$. Let us know what you end up doing, and good luck!
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Replying to: naatz1 (Dec 20, 2007 6:10 pm) MSRP: $34,195 (28E package) Annual Miles: 10,500 Residual Value: $16,071.65 (47%) Lease Rate: .00062 (1.488% Selling Price: $32, 675.81 Rebates: $5,000 Cash Down: $3,000 Adjusted Cap Cost after all fees, tax title, 1st. pmt. etc.: $27,435 Monthly PMT. $340 (36 months) I don't think I could do much better than this. I was at the dealership over 4 hours between test driving various vehicles and haggeling with the sales manager. I think they glad to see me go. |
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Replying to: chigirlintexas (Dec 21, 2007 4:18 pm)
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