Last post on Nov 07, 2013 at 5:09 PM
You are in the Prices Paid - Buying & Leasing Experiences
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Jeep Wrangler, Car Leasing, SUV
#13 of 208 Re: Lease Rates [mr_anton89]
Dec 10, 2006 (5:10 am)
Here's the information that you're looking for, mr_anton89. This truck's lease program varies depending upon how long you lease it for and how many miles per year you are able to drive it. For now I will assume that you are interested in a 36 month lease with 15,000 miles per year. Let me know if you want something different. Chrysler Financial's current buy rate lease money factor and residual value for a 36 month lease of a 2007 Jeep Wrangler Sahara Unlimited 4WD with 15,000 miles per year are .00341 and 68%, respectively. As you can see, Chrysler Financial is not currently providing any sort of lease support on the Wrangler. It does not have any cash incentives on it right now either. This is usually the case. It always manages to sell pretty well without any.
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#14 of 208 Re: Lease Rates [Car_man]
Dec 18, 2006 (4:51 pm)
I was looking to lease a Wrangler X, I saw one at the a local dealership, which was pretty much standard. They had the base cost of about $18,105 and the total price was $21,545. I have a honda now and the trade value according to edmunds for my car is $2000 over what the payoff on my loan is. So basically I am curious to see what you think is a good lease payment for me to pay. I would want a 3 year lease and 12,000 miles a year. I would also look to trade in my vehicle and apply the $2000 towards my lease. I am located in Florida and I went to the local dealership and test drove the car, but unfortunately the sales guy was somewhat clueless and I got a real bad vibe from him. So can you please advise me on what a good lease payment would be and how to negotiate this deal.
#15 of 208 Help with Lease Rates
Jan 06, 2007 (7:08 pm)
Dealer has offered me $24825 for a Wrangler Unlimited Sahara 4x2 (MSRP $25865). I'm looking to lease, could you let me know what money factor/residual % is reasonable? I drive under 10K mi/year, so the lowest mileage program is best for me. 36 or 39 mos, whatever is best deal. My FICO score should be in the 720 range. Southern California. Thx.
#16 of 208 Re: Lease Rates [bdsander]
Jan 09, 2007 (3:09 am)
Hi Brian. Unfortunately, DaimlerChrysler's lease program for the 2007 Jeep Wrangler is not very attractive. It never really provides any sort of lease support on this truck because it sells so well on its own. I suspect that the $21,545 price that you mentioned is this truck's MSRP. If so, you never mentioned its selling price. This is an important number 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 the price of the Wrangler that you want to lease you don't know how good a price you are getting it for. The second reason is that one needs the selling price of a vehicle that they want to lease is that it is necessary to calculate its lease payment. I would be more than happy to work up a sample lease payment on the truck that you are interested in for you if you let me know what its selling price is.
As far as your Honda goes, there's nothing wrong with trading it in when leasing a new vehicle. However, it would be in your best interest to have the dealer that you are working with cut you a check for any equity that you have in it rather than using the proceeds from it as a down payment for your lease. I personally always advise consumers against making down payments on leased vehicles. Consumers who do risk losing them if their vehicle is totaled in an accident or stolen and never recovered.
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#17 of 208 Re: Help with Lease Rates [smoscato]
Jan 09, 2007 (3:15 am)
Hi smoscato. I would be happy to give you an idea of what the latest lease program for this truck is like. Your credit is in good shape, so you should qualify for Chrysler Financial's best lease program. Unfortunately, its best lease program for the 2007 Jeep Wrangler is not very good. DaimlerChrysler never really provides any lease support on this truck. It always seems to sell pretty well without any. Chrysler Financial's current buy rate lease money factor and residual value for a 36 month lease of a 4-door 2007 Jeep Wrangler Sahara Unlimited 2WD with 10,500 miles per year are .00332 and 67%, respectively. The numbers for an otherwise identical 39 month lease are .00332 and 66%.
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#18 of 208 Re: Help with Lease Rates [Car_man]
Jan 12, 2007 (3:45 pm)
My wife and i are picking up our 07 wrangler unlimited sahara 4x4 monday. The dealer quoted us 420 on a 36 mo lease with 1000 down. Aq fee 700, MSRP is 27450, we paid 500 over invoice. I was told the best rate was .00385? Do they waive security? We have excellent credit. I am unsure about that fee and that rate. What do you think?
#19 of 208 Re: Help with Lease Rates [caudill]
Jan 16, 2007 (9:05 am)
Hi caudill. $500 over dealer invoice is good price for this truck. However, something is not right about the factor that you were quoted. Chrysler Financial's lease money factors for the 2007 Jeep Wrangler are bad, but they're not that bad. Assuming that you qualify for its top credit tier, its current buy rate lease money factor for a 36 month lease of a 2007 Jeep Wrangler Unlimited Sahara 4WD is only .00332. Chrysler Financial does not charge a security deposit on leased vehicles. It eliminated its security deposit requirement a couple of years ago when it increased its base acquisition fee on leases to $700. Make sure the dealer that you are working with uses the .00332 money factor to calculate your truck's monthly payment and you're in business.
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#20 of 208 Disposition Fee
Jan 23, 2007 (5:19 pm)
When I leased my 07 Unlimited I noticed on my papers that it said there is a $450 disposition fee if I do not buy or lease another new DCX product. I didn't make a big deal about it then, but I think I might have been taken to the cleaners.
Does everybody else have this fee too?
#21 of 208 Re: Disposition Fee [mr_anton89]
Jan 23, 2007 (5:31 pm)
I noticed that too, after the fact. I'll take it up when the time comes -- I think that if I bring it in below mileage, I can convince them to waive. Seems like you could make a pretty good argument that it's not enforceable since they snuck it in there...
#22 of 208 Re: Help with Lease Rates [Car_man]
Jan 27, 2007 (5:18 pm)
Hi Car Man,
What a great site. I'm glad I found it before heading to the dealership. Could you provide me with the money factor I'd qualify for if my credit score is 659? What range would I have to be in to get the best one .00332? I'm not sure if it matters but I'd like 36 month/15000 mile. Thanks!