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Jeep Grand Cherokee Lease Questions

1132 messages,  Last post on May 22, 2013 at 4:07 AM

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

Messages Page 45 of 114

#436 of 1132 Re: 2008 Grand Cherokee Lease Rates & Residuals [f1freak] by Car_man HOST

Jan 28, 2008 (3:33 am)

Replying to: f1freak (Jan 09, 2008 11:48 am)
Here's the information that you're looking for, f1freak. 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 10,500 miles per year are an incredibly low .00001 and 46%, respectively. The numbers for an otherwise identical lease of a 2008 Jeep Grand Cherokee Overland 4WD are .00017 and 46%. When negotiating your lease on this truck, make sure to take advantage of the $3,500 lease cash that Chrysler is currently providing on it. It will help you to negotiate an attractive capitalized cost for your lease. Chrysler is providing an additional $500 bonus cash on this truck in select areas, but I haven't seen any mention of the MyGig promotion.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#437 of 1132 Re: Lease questions for Carman [jgriffs] by Car_man HOST

Jan 28, 2008 (3:52 am)

Replying to: jgriffs (Jan 10, 2008 8:26 pm)
Hey jgriffs. You never mentioned the selling price of the Grand Cherokee that you are interested in leasing. This is an important number 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 the price of the car that you want to lease you don't know how good a price you are getting it for. The second reason is that one needs the selling price of the vehicle that they want to lease is that it is necessary to calculate its lease payment. I would be more than happy to work up a sample lease payment on the exact truck that you are interested in for you if you let me know what its selling price is.
 
For now I can work up an approximate payment for you. A 2008 Jeep Grand Cherokee Overland 2WD probably has a spread of around $3,600 between its MSRP and its dealer invoice price. Add to this the $3,500 lease cash that is currently available on this model and we get $7,100. Assuming that you were able to get this truck for $500 over invoice would result in an approximate selling price of $35,470. According to my calculations, if you were to lease a 2008 Jeep Grand Cherokee Overland 2WD that has an MSRP of $42,070 and a selling price of $35,470 through Chrysler Financial right now for 24 months with 12,000 miles per year, your zero down, pre-tax monthly payment should be around $594. As you can see, this is amazingly close to the payment that you were quoted. It looks like you are getting a pretty good deal to me, but again I don't know this truck's exact selling price.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#438 of 1132 Re: residual value 2008 laredo and is this a good deal? [nyliferocks] by Car_man HOST

Jan 28, 2008 (4:04 am)

Replying to: nyliferocks (Jan 12, 2008 1:27 pm)
Hi nyliferocks. 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 12,000 miles per year are .00020 and 45%, respectively. The navigation system has no impact upon this truck's money factor or residual. When negotiating your lease on this truck, make sure to take the $3,500 lease cash that is currently available on it into account. Chrysler is providing an additional $500 bonus cash on this truck in certain regions.
 
What vehicle are you currently leasing? If it is a Chrysler product, you may be eligible to have your remaining payments waived for free through Chrysler Financial's early lease termination program instead of rolling them into your new lease.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#439 of 1132 Re: Rate and Residual for '08 JGC Laredo? [deejay2099] by Car_man HOST

Jan 28, 2008 (4:13 am)

Replying to: deejay2099 (Jan 17, 2008 5:28 pm)
Hello deejay2099. 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 12,000 miles per year are .00020 and 45%, respectively for consumers who qualify for its top credit tier. When negotiating your lease on this truck, make sure to take advantage of the $3,500 lease cash that is currently available on it. Chrysler is providing an additional $500 bonus cash on this truck in select regions.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#440 of 1132 Re: Lease questions for Carman [Car_man] by jf7227

Jan 28, 2008 (6:35 pm)

Replying to: Car_man (Jan 28, 2008 3:52 am)
FYI...I just got a quote for a JGC Overland 4x4 in NJ:
 
36month
15k a year
MSRP- $43.440
$565 a month, sign and drive, $0 due at signing (7% NJ sales tax and all fees included)

#441 of 1132 Grand Cherokee Laredo 4x4, X package, w/bluetooth and tow. by rwwong

Jan 29, 2008 (11:47 am)

Car Man,
 
I did a search and could not find a definite answer. Am I getting a good deal. I have been quoted on a 2008 GJC Laredo 4x4, X package, w/ blue tooth. MSRP $35,775. $429 a month, 36 months, 12,000 miles, w/ $1900 due at signing. What do you think? Sorry, I don't have the selling price at this time.

#442 of 1132 Re: Grand Cherokee Laredo 4x4, X package, w/bluetooth and tow. [rwwong] by eights38

Jan 29, 2008 (12:01 pm)

Replying to: rwwong (Jan 29, 2008 11:47 am)
rwwong - Where are you located?

#443 of 1132 Re: Grand Cherokee Laredo 4x4, X package, w/bluetooth and tow. [eights38] by rwwong

Jan 30, 2008 (1:26 pm)

Replying to: eights38 (Jan 29, 2008 12:01 pm)
I'm in Minnesota, I acutally did some shopping around and got a much better quote on a 5.7L V8 Hemi Limited with My Gig Nav, Bluetooth, back up camera. $449 a month, $1929 due at signing, 36months, 12,000 miles. MSRP $40,500

#444 of 1132 Re: Lease questions for Carman [jf7227] by dsnj06

Feb 05, 2008 (12:32 pm)

Replying to: jf7227 (Jan 28, 2008 6:35 pm)
jf7227,
Can you share the dealer information. I am in a market to lease a one soon.

#445 of 1132 Re: Lease questions for Carman [dsnj06] by jf7227

Feb 05, 2008 (9:07 pm)

Replying to: dsnj06 (Feb 05, 2008 12:32 pm)
Jeep 17
Paramus, NJ

Messages Page 45 of 114

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