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Jeep Liberty Lease Questions

102 messages,  Last post on Aug 27, 2008 at 3:20 AM

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

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#43 of 102 Formulas I used in attempting to figure out my lease by fletcher3 Feb 25, 2007 (2:11 am)
here are the formulas I used:   Monthly Finance Fee = Lease Charge ÷ Term   Finance Fee = ( Net Cap Cost + Residual ) × Money Factor   Depreciation Fee = ( Net Cap Cost – Residual ) ÷ Term   $ fac = Lease Charge ÷ ( (Net Cap Cost + Residual) x Term )   Interest Rate = Money Factor x 2400   Total Monthly Payment = Depreciation Fee + Finance Fee Replies to this message: fletcher3 (Feb 25, 2007 2:27 am) fletcher3 (Mar 07, 2007 3:13 am)
#44 of 102 Re: Formulas I used in attempting to figure out my lease [fletcher3] by fletcher3 Feb 25, 2007 (2:27 am)
Replying to: fletcher3 (Feb 25, 2007 2:11 am) Ok last post till I get a response (just kidding) After doing some reading it appears I should use the MSRP in computing the residual so:   I came up with 42% on a 39 month 15k a year lease ( I think) seems low but .. .   I guess that is the least of all evils becuase from what I understand if you have equity at the end you can re-coup it with a trade-in or buyout/sell at the end of your lease.   Give me your thougts: Dave Replies to this message: fletcher3 (Mar 07, 2007 3:13 am)
#46 of 102 Re: Formulas I used in attempting to figure out my lease [fletcher3] by fletcher3 Mar 07, 2007 (3:13 am)
man is anyone out there with some info?   I should mention the liberty was leased in nothern new jersey (nj)
#48 of 102 Re: Current lease buy rate [fletcher3] by Car_man HOST Mar 12, 2007 (2:55 am)
Replying to: fletcher3 (Feb 22, 2007 2:57 pm) Hi Dave. The selling price that she was able to negotiate looks good to me. The truck's lease-end purchase option price is set by the bank that she leased it through, which is most likely Chrysler Financial. Individual dealers do not have the authority to alter vehicles' lease-end purchase prices. In fact, the higher your truck's end of term purchase option price is, the better it is for you as a lessee. That is because the higher a vehicle's purchase option price is, the less depreciation you have to pay for over the life of your lease and the lower your monthly payment will be. As long as the dealer used Chrysler Financial's current buy rate lease money factor to calculate her monthly payment, and they probably did because Jeep dealers seem to rarely mark up money factors, this looks like a good deal to me.   Car_man Host Prices Paid Forum
#49 of 102 Re: Liberty Lease Evaluation, Help Please [fletcher3] by Car_man HOST Mar 12, 2007 (2:56 am)
Replying to: fletcher3 (Feb 25, 2007 2:01 am) Hey Dave. Chrysler Financial's current 39 month buy rate lease money factor and residual value for a 2007 Jeep Liberty Sport 4WD with 15,000 miles per year are .00136 and 42%, respectively. Vehicles' residual values are based upon a percentage of their full MSRPs, including the destination charge and the MSRPs of any options that can be residualized.   Car_man Host Prices Paid Forum Replies to this message: fletcher3 (Mar 12, 2007 1:10 pm) 4jeeps (Mar 15, 2007 7:01 am) Car_man (Apr 16, 2007 2:36 am)
#50 of 102 Re: Liberty Lease Evaluation, Help Please [Car_man] by fletcher3 Mar 12, 2007 (1:10 pm)
Replying to: Car_man (Mar 12, 2007 2:56 am) So, in your opinion based on the numbers I provided I got a good deal correct?
#51 of 102 Re: Liberty Lease Evaluation, Help Please [Car_man] by 4jeeps Mar 15, 2007 (7:01 am)
Replying to: Car_man (Mar 12, 2007 2:56 am) Car man, Do you also have the current 39 lease money factor and residual value for an 07 Liberty Limited 4x4 with 12k miles? Thank you very much! Replies to this message: Car_man (Apr 16, 2007 2:36 am)
#52 of 102 new and don't know anything about.... by mr_n Apr 07, 2007 (12:26 pm)
Hey everyone, I'm new in this forum and I don't know much about leasing. I'm really interested in leasing a Jeep Liberty. It could be up to 3 years old (2004 to 07). I would like your advice before I go to the dealership and make mistakes. I've been reading your postings and you suggest to don't give any down payment.Can you explain that please? Please help me out here and give me advice about how to get a good deal. Also, can you pease explain what is the "lease money factor and residual value?" Thanks for your help Replies to this message: Car_man (Apr 16, 2007 2:38 am) lindamarie3023 (Apr 17, 2007 5:02 am) Car_man (May 14, 2007 2:27 am)

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