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Jeep Grand Cherokee Lease Questions

512 messages,  Last post on Aug 20, 2008 at 2:43 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


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#381 of 512
Re: 2008 Grand Cherokee Laredo [naatz1] by turbanski
Dec 20, 2007 (8:43 pm)
Reply

Replying to: naatz1 (Dec 20, 2007 7:10 pm)

Many thanks to you also. 15/20 city highway is exactly what I am getting with the Pacifica AWD. Overall MPG per computer is 17.7 MPG. E85 is not widely available here in western NYS, although two ethanol producing facilities are currently under construction within 25 miles of Buffalo. Current price of 87 octane locally is $3.19 to $3.29/ gal. and about $.20 per gallon less on the Indian Reservation.(no nys tax) I am also looking at the Saturn Outlook AWD which is very close to the Pacifica in overall size and performance. However, no lease quotes yet.
#382 of 512
Re: 2008 Grand Cherokee Laredo [turbanski] by chigirlintexas
Dec 21, 2007 (5:18 pm)
Reply

Replying to: turbanski (Dec 20, 2007 8:43 pm)

I drove an Outlook a few weeks ago, but the lease programs on those were not nearly as aggressive as on the JGC. Like you, I got the $4500 in incentives, a decent lease rate, plus the dealer was willing to negotiate much more than the Saturn guy. For the equivalent Saturn (with leather, nav, etc.), my payment would have been much higher than what I ended up with on the Jeep.
 
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!
#383 of 512
Re: 2008 Grand Cherokee Laredo [naatz1] by turbanski
Dec 21, 2007 (5:51 pm)
Reply

Replying to: naatz1 (Dec 20, 2007 7:10 pm)

Drove GCL's today, V6 and 4.7 V8. The V6 has decent power and acceleration, but I decided to lease the V8. The deal breaks down like this.
 
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.
#384 of 512
Re: 2008 Grand Cherokee Laredo [chigirlintexas] by turbanski
Dec 21, 2007 (6:37 pm)
Reply

Replying to: chigirlintexas (Dec 21, 2007 5:18 pm)

Ditto here. Saturn dealer (same dealer group as Jeep) could not help me. Monthly payment for base AWD Outlook ($31,400 MSRP) was $471.00 per month for 36 months with $2,500 cash down. Although their residual was high (63%), the interest rate was a very high 6.95%. No rebates or incentives as the Outlooks are selling very well. Went next door to the Jeep/Chrysler and the rest is history. Please see my previous post. Set to pick up JGC (Red Rock Chrystal) next Wednesday. Thanks and Merry Christmas to all.
#385 of 512
Re: 2008 Grand Cherokee Laredo [turbanski] by chigirlintexas
Dec 21, 2007 (8:26 pm)
Reply

Replying to: turbanski (Dec 21, 2007 6:37 pm)

Congrats on the new Jeep; I'm sure you'll enjoy it! I love that Red--you'll be getting lots of looks in that baby.
 
Merry Christmas to you and all forum posters/lurkers!
#386 of 512
Activate Daytime Running Lights (DRL) by turbanski
Dec 29, 2007 (10:52 am)
Reply
Picked up my 2008 JGC on Wednesday 12/26. Very smooth and powerfull with the 4.7 V8. Question, Can anyone tell me how to activate the DRL's or is this a dealer function? or perhaps someone could direct me to the proper forum. Thanks for all your help to date.
#387 of 512
Chrysler Lease Disposition by joejeep
Dec 29, 2007 (4:51 pm)
Reply
Hello,
 
I recently leased a JGC via Chrysler Leasing.... They are using a $425.00 disposition fee... ? Is this standard across all Chrysler Leases ... ? is it negotiable... ? I am fully aware they will waive the fee if you purchase another Chrysler / Jeep product and curious how to avoid it all together... My current JGC lease is expiring from 2005 and it has a $300 disposition.
 
Thanks in advance....
#388 of 512
Re: Chrysler Lease Disposition [joejeep] by turbanski
Dec 30, 2007 (9:19 am)
Reply

Replying to: joejeep (Dec 29, 2007 4:51 pm)

It must be standard. My lease dated 12/26/07 also includes a $425 amount under Item 3 (other charges). The upper left corner of the document states "NEW YORK" and "Motor Vehicle Lease Agreement"
#389 of 512
Lease Deal yea or nah by buckeye777
Dec 30, 2007 (3:42 pm)
Reply
My 2005 Aviator lease is up next month and I have to find a new car,
 
Below is the deal I have been offered.
 
08 Limited
package 25H
 
MSRP $42,585
36 mo term
12,000 per year
0 dollars down
507 a month
MF .00038
 
Opinions?
 
Also will these deals go away in 2008?
#390 of 512
Re: Lease Deal yea or nah [buckeye777] by turbanski
Dec 31, 2007 (9:16 am)
Reply

Replying to: buckeye777 (Dec 30, 2007 3:42 pm)

What is the adjusted cap capitalized cost amount which includes all fees and taxes? The .00038 MF equates to a less than 1% interest rate which is very good. Current Jeep incentives and rebates are scheduled to expire on 1/2/08. After that who knows. They could be reduced or disappear entirely. $507/mo. x 36 mo. = $18,252 total pay out.

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