- #464 of 490
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2008 JGC Lardeo w/ 26x and uconnect - NJ
by naft2717
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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.
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- #465 of 490
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At lease end will Jeep Renegotiate buy out price?
by gonzoe
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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.
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- #466 of 490
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Grand Cherokee Overland April Lease
by f1freak
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Apr 03, 2008 (10:00 am)
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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
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- #467 of 490
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GC laredo 4x4
by friggenhammer
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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.
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- #468 of 490
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Re: GC laredo 4x4 [friggenhammer]
by turbanski
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Apr 16, 2008 (8:00 am)
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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.
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- #469 of 490
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Re: GC laredo 4x4 [turbanski]
by friggenhammer
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Apr 17, 2008 (2:14 pm)
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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.
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- #470 of 490
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Re: GC laredo 4x4 [friggenhammer]
by turbanski
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Apr 19, 2008 (8:43 am)
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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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- #471 of 490
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Re: JGC Laredo 4X4 Lease [nolealum05]
by Car_man HOST
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Apr 21, 2008 (3:22 am)
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Replying to: nolealum05 (Mar 13, 2008 9:45 am)
Hi nolealum05. Here's the information that you're looking for. Chrysler Financial's current buy rate lease money factor and residual value for a 24 month lease of a 2008 Jeep Grand Cherokee Laredo 4WD with 15,000 miles per year are .00011 and 48%, respectively. The numbers for an otherwise identical 36 month lease are .00030 and 43%. Chrysler is currently providing a $3,500 cash incentive on leases of this truck in most areas (a little more than this in select regions). Make sure to take advantage of this cash when negotiating the capitalized cost for your lease.
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
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- #472 of 490
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Re: 2008 JGC Lardeo w/ 26x and uconnect - NJ [naft2717]
by Car_man HOST
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Apr 21, 2008 (3:44 am)
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Replying to: naft2717 (Mar 19, 2008 12:46 pm)
Hi naft2717. This truck's lease payment will depend upon a number of variables, including its MSRP, selling price, how long you want to lease it for, what mileage allowance you need. I will have to make a number of assumptions to estimate a payment for you. For now I will assume that you are interested in a 36 month lease of a 2008 Jeep Grand Cherokee Laredo 4WD that has an MSRP of $35,415 and a selling price of $29,418 ($500 over invoice - $3,500 lease cash + $500) with 15,000 miles per year. Let me know if you want something different. According to my calculations, the zero down, pre-tax monthly payment for this lease would be around $408.
Car_man
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- #473 of 490
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Re: At lease end will Jeep Renegotiate buy out price? [gonzoe]
by Car_man HOST
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Apr 21, 2008 (3:51 am)
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Replying to: gonzoe (Mar 26, 2008 6:02 am)
Hi gonzoe. while some banks will occasionally negotiate the end-of-term purchase prices of leased vehicles, it seems that they are becoming increasingly less interested in lowering vehicles prices. the main reason behind this trend is that many banks insure their leased vehicles to protect them from residual value exposure. With the insurance in place, they do not have any need to lower vehicles' prices. I don't know what Chrysler Financial's specific policy is on this matter. If you are considering purchasing your Jeep at lease-end definitely give them a call. You don't have anything to lose by trying to negotiate. If you wouldn't mind, I would love it if you report back on what they tell you when you call.
Car_man
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