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Jeep Liberty Lease Questions

102 messages,  Last post on Aug 27, 2008 at 3:20 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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#50 of 102
Re: Liberty Lease Evaluation, Help Please [Car_man] by fletcher3
Mar 12, 2007 (1:10 pm)
Reply

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)
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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!
#52 of 102
new and don't know anything about.... by mr_n
Apr 07, 2007 (12:26 pm)
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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
#53 of 102
Re: Liberty Lease Evaluation, Help Please [4jeeps] by Car_man HOST
Apr 16, 2007 (2:36 am)
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Replying to: 4jeeps (Mar 15, 2007 7:01 am)

Hello 4jeeps. Here is the information that you're looking for. Chrysler Financial's current buy rate lease money factor and residual value for a 39 month lease of a 2007 Jeep Grand Cherokee Limited 4WD with 12,000 miles per year are .00211 and 48%, respectively. When negotiating your lease on this truck, make sure to take the $3,500 lease cash and $1,000 bonus cash that are available on it right now into account. They will help you to negotiate an attractive capitalized cost for your lease.
 
Car_man
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#54 of 102
Re: new and don't know anything about.... [mr_n] by Car_man HOST
Apr 16, 2007 (2:38 am)
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Replying to: mr_n (Apr 07, 2007 12:26 pm)

Welcome mr_n. Since you are new to the world of leasing, you definitely should check out the following informative articles that are available here at Edmunds.com prior to visiting any dealers: 10 Steps to Leasing a New Car and Calculate Your Own Lease Payment.
 
I personally always advise consumers against making down payments on leased vehicles. Those who make them risk losing them if their vehicle is totaled in an accident or stolen and never recovered.
 
Check out the aforementioned articles and I would be happy to answer any specific questions that you have after reading them.
 
Car_man
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#55 of 102
Re: new and don't know anything about.... [Car_man] by lindamarie3023
Apr 17, 2007 (5:02 am)
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Replying to: Car_man (Apr 16, 2007 2:38 am)

Hi - my name is Linda and I just have a quick question. I have a car that has "negative equity" - quite alot as I bought it thru JD Byrider (I will NEVER do that again). Anyway, I was looking to trade it in, but my credit isn't strong at all (550) and I called a car dealer and she said that I owe too much and since my credit isn't that strong, it wouldn't work. She said that I could possibly lease a car and that the Jeep Liberty has a big rebate to absorb some of the costs. I know nothing about leasing..can anyone help me or offer any suggestions? Thank you so much
#56 of 102
To Lease or Not to Lease by lindamarie3023
Apr 17, 2007 (12:35 pm)
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Hi - my name is Linda and I just have a quick question. I have a car that has "negative equity" - quite alot as I bought it thru JD Byrider (I will NEVER do that again). Anyway, I was looking to trade it in, but my credit isn't strong at all (550) and I called a car dealer and she said that I owe too much and since my credit isn't that strong, it wouldn't work. She said that I could possibly lease a car and that the Jeep Liberty has a big rebate to absorb some of the costs. I know nothing about leasing..can anyone help me or offer any suggestions? Thank you so much
#57 of 102
Re: new and don't know anything about.... [lindamarie3023] by Car_man HOST
May 14, 2007 (2:27 am)
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Replying to: lindamarie3023 (Apr 17, 2007 5:02 am)

Greetings lindamarie3023. Your least expensive option would be to continue driving your current vehicle until you are less upside down on it. Not only will you save money by doing so, but you also will give yourself time to repair your damaged credit.
 
If you absolutely have to get a new car now, you need to learn exactly how leasing works prior to negotiating with dealers to keep from being taken advantage of. You definitely should check out the following informative articles that are available here at Edmunds.com prior to visiting any dealers: 10 Steps to Leasing a New Car and Calculate Your Own Lease Payment.
 
Check out these articles and let me know if you have any specific questions.
 
Car_man
Host
Prices Paid Forum
#58 of 102
Extra Fees by vezeu
May 29, 2007 (2:29 pm)
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I am negotiating a lease for the Jeep Liberty and the dealer told me that besides the monthly fee that I calculated using the Edmunds.com method, I need to pay:
 
  • "bank fee" about $700
  • "motor vehicle" fees (registration?) about $340
  • "dealership costs" about $270

  • Is this normal?
    #59 of 102
    2007 Liberty Limited Residual Value by smo1345
    Jun 06, 2007 (8:03 am)
    Reply
    Does any one know what the residual on a 27 month lease (2k per year currently is for a Jeep Liberty Limited (MSRP 30k)

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