Last post on Dec 11, 2013 at 6:03 AM
You are in the Prices Paid - Buying & Leasing Experiences
What is this discussion about?
Jeep Grand Cherokee, Car Leasing, SUV
#704 of 1406 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 1406 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!
#707 of 1406 may rates?
May 14, 2011 (2:46 am)
Hi Car Man,
Could you post May rates for 36 month/10K miles, Laredo/laredo x trim?
#708 of 1406 Re: TO Mook12 [miquelny]
May 14, 2011 (3:43 am)
You can't compare Grand Cherokee prices (or any car that matter) to that of 2-3 years ago. The current 2011 redesign was announced back in what, 2008 or 2009? The old body stlye Grand Cherokee was literally a dead duck for the past 2-3 years. Anybody could pretty much walk into a dealership and get one for between $8,000 & $10,000 off MSRP without even trying.
You can't expect that kind of discount on a brand new redesign in it's 1st model year. I'm not saying you should pay full boat MSRP, but there are NO factory to dealer incentives (cash back).
#709 of 1406 Re: may rates? [cbarrs]
May 17, 2011 (10:20 pm)
Can you please provide residual and money factor (or interest rate) for a Grand Cherokee Laredo 4x2, V8, 3 yr/36K mile lease?
I think I am finally about to close on a vehicle.
#710 of 1406 Laredo and Limited
May 18, 2011 (6:26 am)
Can you post the money factors, residuals, acquisition and disposition fees on both the Laredo and Limited for 36 months 15K miles?
#711 of 1406 Overland - MF - Residual - Incentives
May 18, 2011 (11:02 am)
Looking to lease a 2011 Overland (non-summit model) and wondering what the MF, Residual and any incentives there are for 36mos/10K in May. Also, are prices dipping below invoice these days? Thanks.
#712 of 1406 Changes for March 2011 lease factors?
May 18, 2011 (10:43 pm)
I was told today the lease interest rate is 0.15%, with a residual of 49%, on a 3yr/36K lease of a Laredo.
May sign papers in the next day or so.
#713 of 1406 Re: Overland - MF - Residual - Incentives [soupstar]
May 19, 2011 (8:16 am)
I got a 4x4 V6 limited for $700 under invoice, and the same dealer offered me $500 under invoice on an Overland. This was unprecipitated with no negotiation.
The dealer also noted that there was $1000 loyalty rebate as well as $1000 Conquest rebate. The latter was offered to individuals who currently owned an SUV, manufactured by a competitor. It was not necessary to trade in said SUV.