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Jeep Grand Cherokee, Car Leasing, SUV
Apr 17, 2011 (4:26 pm)
Hi im new to leasing and when to a dealership ...
there offer was for a 2011 Jeep Grand Cherokee Laredo 4x4 with a sunroof was
first they wanted 4k down with 480 a month for 36 months 12k miles a year .. i was like no way .. after some taking i got a offer for 5k down 390 a month for same 36/ 12k a year .. is this a good deal or should i shop around .. also this is in NJ ( if that matters ) ?
thanks for any responses
#698 of 1376 Re: New to leasing [igotmadclout]
Apr 17, 2011 (8:26 pm)
Run away. Unless you have bad credit, they are trying to take you to the cleaners, IMO.
I won't put any money down, nor use a trade-in with any equity, on a lease. First payment, T&L, and maybe origination fee, that's it.
Again, this is my opinion only, but you asked for opinions.
#699 of 1376 Re: New to leasing [karch]
Apr 18, 2011 (11:26 am)
i actually got a 740 credit score .. so i thinks thats pretty good .. i only owned one used car after highschool .. then when i graduated college i was always give a work vehicle .. this is my first time leasing a vehicle and i didnt have any paperwork with me so i told them i would come back sometime this week
what would you consider a fair deal for this truck ? .. here i am thinking its a good deal lol
#700 of 1376 Re: New to leasing [igotmadclout]
Apr 18, 2011 (4:37 pm)
I would research, maybe truecar.com, then use a lease calculator or something like that.
#701 of 1376 Lease question on JGC ?
Apr 20, 2011 (11:24 am)
Hey guys i have a deal on the table in Suffolk county long island NY for a Jeep grand cher X package w/ moonroof and nav on 36 month lease ,(msrp is 38,234.57 ) im paying (36,585).White exterior and black interior. They are taking back 4 payments of my current lease of 300.51 mo and rolling into the new lease.I also received $1000 rebate for coming out of a non Chrysler/dodge/jeep lease.They gave me a deal of $2022.07 down(includes tax/1st month payment) with 470 a month 12 k miles a year ! What do you guys think of this deal??Thanks in advance for any input !!Oh lease is thru Ally Bank.
Apr 21, 2011 (4:06 pm)
I have the following lease deal on the table, and I would appreciate folks' feedback.
GC Ltd. V6, 4WD
- 20in wheels
- Trailer hitch
36 month, 15K miles/year
$648/month (includes tax)
Sales Price - $700 below invoice
Residual Value = 45%
MF = 0.00046
As an aside, can one negotiate inclusion of complementary maintenance for the 36 months?
#703 of 1376 Re: Laredo Lease rates for April [a2_m3]
Apr 25, 2011 (3:27 pm)
I'm glad that you like this forum so much, a2_m3. Ally's current base lease rate and residual value for a 36 month lease of a 2011 Jeep Grand Cherokee Laredo X 4WD with 15,000 miles per year are 0.38% and 48%, respectively.
The numbers for an otherwise identical lease with only 12,000 miles per year are 0.38% and 50%.
I haven't seen the US Bank program lately, so I'll have to ask around for that one for you.
I believe that Chrysler is providing a $1,000 cash incentive on leases of this truck through US Bank right now, but nothing on leases through Ally.
Prices Paid: Buying & Leasing Experiences Forum
#704 of 1376 Re: Laredo Lease rates for May [Car_man]
May 06, 2011 (9:06 am)
Wanted to know your opinion on a lease that was being offered me here in NJ. It's for a 2011 jeep grand cherokee with 26x package. They offered
2499 down 3 years 12 miles a year 479 a month. I am returning my end lease vehicle which is a 2008 jeep liberty which has 2 more payments of 279
left which they are taking care of and not including in the deal....This seems a little high to me considering what other people on here are paying. What's your opinion? do you think i can push more to get a lower monthly payment or does that sound right. the MSRP on the new vehicle is about $38,000. Thanks in advance for your time and thoughts.
#705 of 1376 Re: Laredo Lease rates for May [dzl70]
May 09, 2011 (11:17 pm)
Hey dzl, in a year or two from now these Cherokees will be leasing for a lot cheaper than now. They are new and the dealerships want to see what people will pay they want $600 and $700 for the limited and overland but only fools or people with a lot of money are paying that much. My advise is for the time being and unless you wanna wait a while is to lease a demo, look for one with low miles mine is a demo limited $44000 Msrp I got them down to $35500 and my payment is $509 monthly 2000 out of pocket and $19300 to buyout after lease which is awesome. I understand people don't like to have any miles on a new car but big deal its a rental. Good luck
May 11, 2011 (6:51 am)
You are so right! The prices the dealers want for the new GC are absolutely ridiculous . Just 2 - 3 yrs ago these cars were sold with 25 % discount no problem. Now I have been offering like 15% off the MSRP and dealers are not even contacting me, like my offer is too far off... I am looking to lease this car in next 30 days, I appreciate any info you are posting here.
Thanks and good luck!