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Jeep Wrangler Lease Questions

143 messages,  Last post on Oct 27, 2008 at 3:45 AM

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

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


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#31 of 143
Re: leasing in april [sinnombre] by Car_man HOST
Apr 16, 2007 (2:56 am)
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Replying to: sinnombre (Mar 30, 2007 10:20 am)

Hi sinnombre. Here's the information that you're looking for. Chrysler Financial's current buy rate lease money factor and residual value for a 36 month lease of a 2007 Jeep Wrangler Unlimited X 4-Door 4WD with 15,000 miles per year are .00345 and 67%, respectively. The residual value for an otherwise identical lease with only 12,000 miles per year would be 2% higher. Chrysler Financial charges a security deposit equivalent to your vehicle's monthly payment rounded up to the nearest $25 increment and a $700 acquisition fee at lease signing. Like most banks today, Chrysler Financial leases are closed end. Some states do allow lessees to add tax, title, and license to their vehicle's capitalized cost rather than pay them at lease signing.
 
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#32 of 143
Leasing this weekend - best deal? by julgb
Apr 26, 2007 (2:29 pm)
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The Jeep Unlimited Sahara 4x4 took a little time to find in the color I wanted (Rescue Green), but it is finally on its way after my salesman found one in So. California (I'm in Nor Cal). MSRP is 25, 570, sale price he is quoting me is $26,598 - still about $2k above invoice in my estimation. Can I get him lower even though he had to do a trade for it? What is a good residual/ money factor? I am looking at a 39-month lease, which on these numbers is $402.67 per month. My credit score is over 700 (738 Experian).
 
Also, why does Chrysler do 39-month leases vs 36 when the warranty is only for 36? Thanks for your help.
#33 of 143
07 Sahara Wrangler current rates? by timwhite
May 17, 2007 (12:43 pm)
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Can anyone tell me the current Residual Rate and Money Factors for an 07 Sahara Wrangler?
 
I want a 39 month/12,000 mile lease.
 
Thanks in advance.
#34 of 143
07 Sahara Wrangler current rates by redfox85
May 22, 2007 (8:00 am)
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Replying to: timwhite (May 17, 2007 12:43 pm)

Yesterday I received delivery on my 4 dr Unlimited Sahara.
 
10,500 mile / 39 month
 
MF = .00375 (9%!)
Bank Acq Fee = 700
Lease Term Fee = 450
Resid: 70%
 
Car is sweet....
 
PO'd that the MF went from .00345 to .00375 in a week...
 
 
Hicksville, NY dealer
 
Would appreciate hearing from others to see if they had same financials....
 
GOOD LUCK !!!
#35 of 143
New Sahara Lease Questions by sdsponger
May 26, 2007 (11:35 am)
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Hi
  
I was hoping someone here could take a look at my girlfriend's lease. I decided to look at this and I think she may have been taken a bit.
  
I've posted a link below to the main part of the contract. I thought that would be easier. My calculations seem to be pretty close, but the one thing that freaks me out is the total of payments in box 4 at the top. It seems pretty high and when added to the residual it adds up to like $37,000.
  
Also, my calculations get about .00394 for the money factor...about 9%. This seems very high, especially since her credit is great (764).
  
If someone could please check this out and shed some light on things that would be great. Please click here for the link.
  
Thanks for your time!
#36 of 143
Re: New Sahara Lease Questions [sdsponger] by mr_anton89
Jun 13, 2007 (11:01 am)
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Replying to: sdsponger (May 26, 2007 11:35 am)

Given that I am paying $400 a month for 27 for my wrangler with the same msrp and the monthlys were the same +/- up to 39 i'd say thats about right. Thats without going into details. But I got mine for 600 below 1% below invoice with about $500 due and 6.25% ohio tax on the monthly.
#37 of 143
Re: 07 Sahara Wrangler current rates? [timwhite] by Car_man HOST
Jun 19, 2007 (1:43 am)
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Replying to: timwhite (May 17, 2007 12:43 pm)

Hi Tim. Chrysler Financial's current buy rate lease money factor and residual value for a 39 month lease of a 2-Door Jeep Wrangler Sahara with 12,000 miles per year are .00345 and an astounding 70%, respectively.
 
Car_man
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#38 of 143
Re: 07 Sahara Wrangler current rates [redfox85] by Car_man HOST
Jun 19, 2007 (1:47 am)
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Replying to: redfox85 (May 22, 2007 8:00 am)

Hi redfox85. The Wrangler's buy rate lease money factor did not increase to .00375. It is still .00345, which still isn't good, but given this truck's amazing residual values leasing one isn't as bad as one would initially think given the high money factor. If the dealer tries to charge you a higher factor than .00345, they are trying to mark your truck's factor up to add additional back-end profit to your deal (or you don't qualify for Chrysler Financial's best rates).
 
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#39 of 143
Re: New Sahara Lease Questions [sdsponger] by Car_man HOST
Jun 19, 2007 (1:56 am)
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Replying to: sdsponger (May 26, 2007 11:35 am)

Hi sdsponger. The contract that you posted a link to contains this truck's capitalized cost, but I still need to know what its full MSRP is. The MSRP will show me how much of a discount your girlfriend was given on her Wrangler. It will also enable me to use Chrysler Financial's current lease program to estimate what her monthly payment should be. Off of the top of my head it doesn't look as though she was "taken," but if you provide me with the MSRP I will be able to give you a more thorough analysis of this deal.
 
Car_man
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#40 of 143
Re: 07 Sahara Wrangler current rates [Car_man] by redfox85
Jun 19, 2007 (4:58 am)
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Replying to: Car_man (Jun 19, 2007 1:47 am)

Car_man,
Thanks for the insight. I have sent letters to the dealer, to Chrysler Financial and the BBB. .00375 is just not right. I have great credit and a strong income. They wanted to make up for the fact that I got the 4 door Unlimited Sahara for 1% under invoice....
Regards,
Redfox85

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