Last post on Dec 08, 2013 at 2:48 PM
You are in the Prices Paid - Buying & Leasing Experiences
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Jeep Grand Cherokee, Car Leasing, SUV
#890 of 1388 Re: Lease Details [bgchar]
Mar 25, 2012 (1:01 pm)
I certainly can bgchar. Ally's March buy rate lease money factor and residual value for a 36-month lease of a 2012 Jeep Grand Cherokee Limited 4WD with 15,000 miles per year are 0.55% and 47%, respectively.
The numbers for an otherwise identical lease of a 2012 Grand Cherokee Laredo X 4WD are 0.4% and 50%.
When negotiating your deal on this truck, make sure to take advantage of the $1,500 cash incentive that Jeep is currently providing on leases of these trucks.
Prices Paid: Buying & Leasing Experiences Forum
#891 of 1388 Re: march mf and residual [dman123]
Mar 25, 2012 (1:02 pm)
Here you go dman123. Ally's March base lease rate and residual value for a 36-month lease of a 2012 Jeep Grand Cherokee Laredo X 2WD with 15,000 miles per year are 0.6% and 49%.
Jeep is currently providing a $1,500 cash incentive on leases of this truck.
Prices Paid: Buying & Leasing Experiences Forum
#892 of 1388 Lease Question
Mar 26, 2012 (9:50 am)
I'm a first time lease guy, don't know much about leases. Could you please help run the numbers form me so I can have an educated idea of what to look for when i visit the dealer.
Lease term 36 months
up front money $2500.00 plus TTR
do not know what my buy out is..... can you figure that out?
Again any help you can give to a newbie would be great. Thank you... Jerry
#893 of 1388 Re: march mf and residual [Car_man]
Mar 29, 2012 (6:45 am)
In your opinion, how would a FICO score of 670 affect getting a lease for a 2012 JGC ?
I'm assumming it is easier to get approved for a lease vs a bank loan for a new or used car.
Your thoughts ?
#894 of 1388 Quote Thoughts
Apr 02, 2012 (4:40 pm)
Been looking at the Grand Laredo X package with nav dual sunroof and leather,
I got a quote today in NJ for
2500 due at sign covering fees etc,
12k 36 months at 350 + tax per mon
residual is 52 mf is 0001
Thoughts? I think its ok
Also any input on if the ride control selector is worthwhile, i plan on occasionally running on the beach with it.
#895 of 1388 Re: Quote Thoughts [simike]
Apr 02, 2012 (4:53 pm)
I think that's a good deal and about the same as the one I secured in November. One consideration to make. The MF being .0001 essentially means you're at 0% interest. You're better off rolling the 2500 into the payments. Yes the payments will be higher but there's no reason to hand them 2500 upfront. You'd probably be looking at around 420+tax instead.
#896 of 1388 Feedback on this deal needed
Apr 05, 2012 (3:52 pm)
2012 Jeep GC Laredo 4x4 Base: $28,995
Customer Preferred package 26x: $5,300
Laredo E Group: $2,000
Panoramic SR: $1,195
Dest charge: $925
Lease Deal offered:
20K residual value
$2800 due at signing (includes tax, title, etc)
Any feedback would be appreciated! Making the move this weekend.
#897 of 1388 Re: Feedback on this deal needed [teddyboy]
Apr 06, 2012 (10:02 am)
You noted that th3 $2800 includes tax, title, etc. If you don't mind my asking, where are you located and what is the tax. I ask because I think that is a decent deal, but where I am (Illinois) the the lease includes taxes on the full negotiated price of the vehicle.
#898 of 1388 Walked out of dealership... Need help.
Apr 07, 2012 (3:13 pm)
I have never leased a car before, only bought, so this was going to be a new experience. I did some research on this site and thought that I had an idea of what to expect and was really frustrated with the dealer. I couldn't resolve the number they were giving with what I read hear so I walked out and now think that I need to regroup. Also, they wouldn't print anything out for me so I had to actually take a picture with my phone of the numbers. Anyway, the lease proposal is below and I assume this is awful but I would really like some feedback.
Grand Cherokee Laredo X / 4x4 / Nav / Dual pane sunroof
Negotiated price: $34,885
36 months - 12,000 miles/year
Rate: 1.4% (he wouldn't let me see the "money factor")
Down payment: $2,800
I am in Chicago so there is an additional 7% use tax, and in Illinois I think you pay taxes on the whole purchase price at 10.25%. I still couldn't get the number to make sense.
Any feedback would be really helpful and if someone could post the Ally April rates for the above that would be wonderful. Thanks.
#899 of 1388 Re: Walked out of dealership... Need help. [pm22]
Apr 13, 2012 (7:47 am)
The monthly payment is too high. I got a quote for similar car in Paramus, NJ: 2K out of pocket and $460 per month. Despite some extra taxes in your state, the numbers you got do not make sense... You have to really watch out, this dealer was trying to make some serious profits... Same thing happened to me at Warnock/Nielsen in East Hanover, NJ, they robbed me blind. They actually managed to do that, because they tricked me, so I am out of money and no way to complain...