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Jeep Grand Cherokee Lease Questions

495 messages,  Last post on Jul 22, 2008 at 8:43 PM

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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#472 of 495
Re: 2008 JGC Lardeo w/ 26x and uconnect - NJ [naft2717] by Car_man HOST
Apr 21, 2008 (3:44 am)
Reply

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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Prices Paid: Buying & Leasing Experiences Forum
#473 of 495
Re: At lease end will Jeep Renegotiate buy out price? [gonzoe] by Car_man HOST
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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Prices Paid: Buying & Leasing Experiences Forum
#474 of 495
Re: Grand Cherokee Overland April Lease [f1freak] by Car_man HOST
Apr 21, 2008 (3:58 am)
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Replying to: f1freak (Apr 03, 2008 10:00 am)

Hello f1freak. Here's the information that you're looking for. Chrysler Financial's current buy rate lease money factor and residual value for a 36 month lease of a 2008 Jeep Grand Cherokee Overland 4WD with 10,000 miles per year are .00024 and 43%, respectively. When negotiating your lease on this truck, make sure to take the $3,500 lease cash that is currently available on it into account.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#475 of 495
JGC Limited by sspano
Apr 21, 2008 (12:40 pm)
Reply
Hi Carman,
 
I am negotiating a lease on a JGC Limited with a MSRP of $40,280.
 
The deal is as follows:
 
$0 down
Taxes rolled in
12k per year
they are paying my last 2 payments on my current vehicle which equals $980.
 
Lease Payment is $469 per month
 
Does this seem to good to be true? I am also allowing them to take my current GMC lease and turn it in. Is there anything I need to watch out for?
 
Thanks.
#476 of 495
dcx emp dis by 80srockgod
Apr 27, 2008 (7:50 am)
Reply
Can someone please tell me the DCX employee discount?
  
Some people have told me it's a dollar amount under invoice.. some people said it's 3% under invoice... some 6% under invoice...
  
Is the reason I've heard differeng stories is because it changes with time? Changes depending on make//model?
  
The last person I believed said it was 6% below invoice across the board for any chrysler product....
  
What is right?
  
Thanks!
#477 of 495
Re: At lease end will Jeep Renegotiate buy out price? [Car_man] by gonzoe
Apr 28, 2008 (6:00 am)
Reply

Replying to: Car_man (Apr 21, 2008 3:51 am)

Thanks I have several months left on my lease and I will certainly report back when I have more details. Its interesting because I checked Chrysler Financial's Owners page and requested a buy out price. They came back with $100 under the buyout on the lease contract which is $28k. The book on my 06 Overland is closer to $19k right now with 10 mos. left. We shall what happens. I'll check back.
#478 of 495
New Lease by jf7227
Apr 30, 2008 (6:10 pm)
Reply
Just leased a 2008 Jeep Grand Cherokee 4X4 Limited:
 
4.7L
HID Headlamps
My Gig Navi.
18" Chrome Wheels
M.S.R.P. $41, 680.00
 
36months/15,000 miles a year
$499.00 a month/ $0 down, Sign and Drive (includes NJ 7% sales tax and various fees)
 
Thought I made a pretty good deal. Hope this helps.
BTW, had a '06 limited, the '08 has a much better interior and the HID lights are a must have! Beautiful car for the money!
#479 of 495
New Lease by jeepman7
May 02, 2008 (2:55 pm)
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Do anyone know the new lease numbers (Residual rate, MF, incentives) for May?
 
I was shopping today and was offered '08 Overland 4WD with VES for $569 month, 0 down and pull ahead of 2 payments ($1100 total). Would like to know if this is good deal.
#480 of 495
Re: New Lease [jf7227] by lfranco1
May 11, 2008 (8:23 am)
Reply

Replying to: jf7227 (Apr 30, 2008 6:10 pm)

jf7227,
 
You got an amazing deal I think. I am trying to get a base model Overland with no additional options and I cant get any dealers out of the mid 500s on a sign and drive lease. From what I have been told, the money factor right now is .00127 and the residual on 10,500 is 45% 12,000 44%. Does anyone have any information to confirm these numbers? How much should I be paying on a sign and drive lease on a base model overland that has MSRP of $39,835 and an invoice price of $36,358? Any help would be greatly appreciated.
#481 of 495
Re: JGC Limited [sspano] by Car_man HOST
May 15, 2008 (2:18 am)
Reply

Replying to: sspano (Apr 21, 2008 12:40 pm)

Hi sspano. 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 truck 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 am sure that either myself or another community member will be more than happy to give you our opinion of this deal if you let us know what its selling price is.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

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