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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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#461 of 512
Re: Good deal on lease? [mwag] by turbanski
Mar 10, 2008 (10:16 am)
Reply

Replying to: mwag (Mar 10, 2008 6:16 am)

Very interesting. I also leased a 2008 JGC 4.7 V8 in December. Here are the specifics.
 
MSRP: $34,195 (28E package)
Dealer Selling Price: $32,675.81
Residual Value: $16,071.65 (47%)
Annual Miles: 10,500
Money Factor: .00062
Total Rebates: $5,000
Cash Down: $3,000
Adj. Cap Cost after all fees, sales tax, title, first payment, etc.: $27,435.
Monthly PMT: $340 (36 months)
 
My adj. cap cost includes NYS & local sales tax 8.75% or over $2,800. The sales tax alone amounts to almost $80/month. Ouch!, I felt better before I figured that out.
#462 of 512
Re: Good deal on lease? [hytekjosh] by ksmith76
Mar 12, 2008 (3:36 am)
Reply

Replying to: hytekjosh (Mar 07, 2008 1:22 pm)

hytek -
 
be careful on the $4K incentive... in some regions, it's only $3500 if you lease... (check out the website).
 
- K
#463 of 512
JGC Laredo 4X4 Lease by nolealum05
Mar 13, 2008 (9:45 am)
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Does anyone know what the MFs and residuals are for 24 and 36 month leases with 15K miles? Also, can anyone confirm if the $3,500 customer cash and $400 marketing support can be combined?
 
Thanks
#464 of 512
2008 JGC Lardeo w/ 26x and uconnect - NJ by naft2717
Mar 19, 2008 (12:46 pm)
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Can someone let me know what lease numbers I should be expecting for a 2008 JGC Lardedo 4x4 w/ the 26x package and uconnect in NJ? Please price with nothing out of pocket. Thanks much.
#465 of 512
At lease end will Jeep Renegotiate buy out price? by gonzoe
Mar 26, 2008 (6:02 am)
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I still have 1 year left on my 2006 Overland lease but I'm wondering if anyone knows if Jep will rengotiate my buy out? My current Buy Out price on the contract is for $28,000 on my 36 month lease. Edmunds my book Value is currently at $18,000. In 1 Year, I estimate it will be closer to $15k. I have to believe that Jeep would rather negotiate with than sit with my car in inventory. Any thoughts or experiences is appreciated.
#466 of 512
Grand Cherokee Overland April Lease by f1freak
Apr 03, 2008 (10:00 am)
Reply
Car Man,
I am in the process of negotiating for a 2008 GC Overland for 10K, 36 month lease. Do you have the money factor and residual for April?
 
Thank you
#467 of 512
GC laredo 4x4 by friggenhammer
Apr 15, 2008 (5:45 pm)
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My lease is up on my wrangler the end of this month and i'm looking to get a GC laredo 4x4 E package. also looking at 10k miles for 36months. between all the cash jeep is giving me, it's going to be 5k off. if msrp is 31,220, can you help me figure out what kind of payments i should be seeing. i'm not sure what the money factor is or the residual. thank you in advance. i'm in NJ.
#468 of 512
Re: GC laredo 4x4 [friggenhammer] by turbanski
Apr 16, 2008 (8:00 am)
Reply

Replying to: friggenhammer (Apr 15, 2008 5:45 pm)

Without knowing the money factor, residual amount, dealer discount, down payment amount, etc. no one can really give you a number. For a ballpark number go to the Jeep webbsite or a dealer website, find a vehicle similar to what you want to lease and then use the payment calculator to obtain an approximate monthly payment for your zip code. Please note that the lease payment calculator assumes a 10% down payment an reflects the applicable incentives and discounts from Jeep. Any dealer discounts are not included and are negotiated separately by you. My guess is that you could receive an additional 5% off MSRP just for walking in the door. You might get more if you are good at haggling. Most dealerships have sales targets (quotas) for each month and it affects their flexibility. Good Luck.
#469 of 512
Re: GC laredo 4x4 [turbanski] by friggenhammer
Apr 17, 2008 (2:14 pm)
Reply

Replying to: turbanski (Apr 16, 2008 8:00 am)

Hi, I got some more info, thank you for the help.
MSRP - 32250
cap - 25945
residual - 14835
money factor - .00030
NJ tax - 7%
 
i only want to pay the first month out of pocket.
#470 of 512
Re: GC laredo 4x4 [friggenhammer] by turbanski
Apr 19, 2008 (8:43 am)
Reply

Replying to: friggenhammer (Apr 17, 2008 2:14 pm)

I have a similar lease (36 mo. 10.5K mi. per year) and a ACC of $27,400. Lease payments are $340 per month. With the information you already have, you probably have a firm quote by now. Your ACC and MF are lower than mine.

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