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Jeep Liberty Lease Questions

97 messages,  Last post on Jun 14, 2008 at 5:23 AM

You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx

What is this discussion about? Jeep Liberty, Car Leasing, SUV


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#2 of 97
Liberty Lease Factors/Residuals by jacknyc
Nov 17, 2005 (10:49 pm)
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Car_Man:
 
Still shopping for the right small sport ute as I way waiting for the new RAV 4 in 2006.
 
What's the money factor and residual on the 2006 Jeep Liberty Limited 4x4? I'm in NY, need 24, 30, and 36 months and 10/12,000 miles.
 
Thanks,
 
Jack
#3 of 97
06 Liberty lease by jr32
Nov 24, 2005 (11:26 am)
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I am thinking about leasing a 06 Liberty Renegade 4x4. The lease price I got from the dealer is $300 per month for either 27 or 39 months (same price either way).
 
- $3500 down (trade-in)
- $300 per month, includes all taxes, title, plates..... everything.
- 12k per year. Plus all maint (oil.....)
- sticker price for the Liberty is 27,705.
- they figured in the $2500 incent, no security.
 
Does this sound like a good deal?
#4 of 97
Re: Liberty Lease Factors/Residuals [jacknyc] by Car_man HOST
Nov 30, 2005 (4:06 pm)
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Replying to: jacknyc (Nov 17, 2005 10:49 pm)

Hi Jack. If you were to lease a 2006 Jeep Liberty Limited 4WD through Chrysler Financial right now for 24 months with 12,000 miles per year, its buy rate lease money factor and residual value should be .00212 and 61%, respectively. The numbers for an otherwise identical 30 month lease should be .00289 and 57%. The numbers for an otherwise identical 36 month lease should be .00289 and 54%. When negotiating your lease on this truck, don't forget to take the $1,500 lease cash and $1,000 bonus cash, $2,500 total into account.
 
Car_man
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#5 of 97
Re: 06 Liberty lease [jr32] by Car_man HOST
Nov 30, 2005 (4:08 pm)
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Replying to: jr32 (Nov 24, 2005 11:26 am)

Greetings jr32. You never mentioned the selling price or MSRP of the truck that you are interested in leasing. These are important numbers 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 this truck's selling price in relation to its MSRP you don't know how much of a discount you are getting on it. The second reason is that one needs the selling price and MSRP, including the destination charge, of a vehicle to calculate its lease payment. I would be more than happy to give you my opinion on this deal if you let me know what these numbers are.
 
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#6 of 97
Reasonable expectations by reel31
Dec 05, 2005 (8:03 pm)
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Hi,
 
Is it reasonable to expect a $350/month or less lease payment on the following:
 
2006 Liberty Limited
28G package
Heated Seats
Sunroof
36 month, 12,000 mile lease
 
With the current incentives of $2000 lease cash and $1000 loyalty (I have a jeep now)
 
Right now, I have a 2003 Jeep Liberty Limted whose 39 month 15,000miles/year lease is expiring in January. I'm under mileage and the car is in excellent condition. The residual of my current car is about $12,500. I figure that the dealer could sell it used for 16-17K if they figured something where they bought out my car etc.
 
Taking all this in to account, I figure that a $350/month or less new lease payment is realistic.
 
Can anyone set me straight?
#7 of 97
Re: Reasonable expectations [reel31] by aaron_t
Dec 06, 2005 (11:23 am)
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Replying to: reel31 (Dec 05, 2005 8:03 pm)

Liberty has $2000 rebate + $1500 CFC Bonus + $1000 lease loyalty. Say you can get $1500 off MSRP, I think <$300mo is easy to get for 24mo/12k mile lease, maybe $250. I have seen Renegade (base X package + automatic) advertised for $1899 one time payment (plus taxes/lease fees). That includes an extra $1000 employee bonus cash + employee price which is about a 10% discount from MSRP.
#8 of 97
Lease Rate Lock In by thomasw
Jan 19, 2006 (3:22 pm)
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I am negotiating a lease on a Liberty CRD, which will have to be ordered from the factory. If we reach a deal, the dealer told me that the lease money factor they are giving is only an estimate because Chrysler Credit won't lock in until delivery.
 
Is this true, or should I be concerned that the dealer is going to try to force me into a higher money factor when I go to take delivery?
 
THANKS!
#9 of 97
Liberty CRD 4X4 by dmjjpy
Jan 23, 2006 (8:37 am)
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Car_man, could I please get the residual and money factor for a Liberty CRD 4X4 for a $0 down/24 month/12k miles lease?
 
Thanks!!!
#10 of 97
Re: Lease Rate Lock In [thomasw] by Car_man HOST
Jan 30, 2006 (4:13 am)
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Replying to: thomasw (Jan 19, 2006 3:22 pm)

Hi thomasw. what your salesperson told you probably is true. While some banks, like BMW Financial Services, will lock in lease programs on ordered vehicles, it is very possible that Chrysler Financial (now known as DaimlerChrysler Financial Services) will not. If you are concerned that the dealer that you are working with is going to try to mark your truck's money factor up, stop back and ask me what it is at some point during the month that you expect to take delivery of it. I will be happy to let you know what its lease program is like. You can confront your dealer with this information if they try to pull anything.
 
Car_man
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#11 of 97
Re: Liberty CRD 4X4 [dmjjpy] by Car_man HOST
Jan 30, 2006 (4:15 am)
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Replying to: dmjjpy (Jan 23, 2006 8:37 am)

Hey dmjjpy. If you were to lease a 2006 Jeep Liberty Sport Diesel 4WD through DamilerChrysler Financial right now for 24 months with 12,000 miles per year, its buy rate lease money factor and residual value should be .00242 and 53%, respectively.
 
Car_man
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