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Jeep Wrangler Lease Questions

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

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

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#43 of 143 2007 4 Dr Wrangler unlimited sahara lease? by alstu Jul 07, 2007 (12:58 pm)
Hey i am interested in a 2007 Wrangler Unlimited Sahara. MSRP IS AROUND 29,000. i WOULD WANT THE LEASE FOR 2 YEARS WITH 12,000 MILES A YEAR. Does anyone know what i owuld be looking at for monthly payments if i put 2,500 down? Replies to this message: Car_man (Jul 30, 2007 1:18 am)
#44 of 143 2007 Wrangler Rubicon 2Dr by megakarl99 Jul 20, 2007 (3:01 pm)
I sent an e-mail offer to a local dealership using the 70% residual and the .00345 MF, and They said that "these numbers may have been good quotes for the Detroit market, but they are different here (In Arizona)" I was under the impression that Residual was universal. I can understand some differences In the money factor...but not drastic enough to warrant a drastic difference in monthly payments...   What are the July Residual/Money factor numbers for the 2Dr rubicon? I am interested in numbers for a 12k and 15k mile, 36-39 month lease. Thanks! Replies to this message: Car_man (Jul 30, 2007 1:23 am)
#45 of 143 2007 Wrangler X Unlimited by felbie1 Jul 23, 2007 (8:13 am)
I am looking at getting a 4DR Wrangler X 4x2 with 17" and the S Pkg, I have an MSRP of 22,655 and a sale price of 21,328. I am looking at a 39Month Lease 12,000 a year. I just want to put inceptions down. I know that the residual is different for the 4dr to 2dr as well as the MF but using The ones listed on here I get MUCH lower prices than the dealer is giving me, 411 they are saying. Im showing high 2s and low 3s with varying residuals and MF. What are the current MF Rates and Residuals. I am going in to talk prices today. My current car had a 33 sticker, 26 sale and I was at 400 even with tax in. Why would a sale price of 21,328 be even higher? Respectively my previous car was 23,000 about and I payed 330 with tax in. I want the truck but it seems like something isnt right. Replies to this message: Car_man (Jul 30, 2007 1:29 am)
#46 of 143 Re: Lease caluclators accurate? [angc2007] by felbie1 Jul 23, 2007 (1:42 pm)
Replying to: angc2007 (Jun 29, 2007 10:49 pm) My dealership gave me the print out used to calculate my price, and the lease calculator is accurate within a penny, mainly because you cant use prices with decimals. It is a month later but the residual for a 4 door is 60% on here with a .00395 money factor. and that was on 39 months, 36 the payment is higher. When they input the numbers they add on their dealer fee, acquisition fee through chrysler, so it brings it back up, it all depends on what you negotiated, but if you got those numbers good for you because 70% residual doesnt even seem to exist on the 2Dr which is higher than the 4dr. Seems like you get more car for your money with the 2door. IM hoping to get the residual and money factor of the 2door sahara as well as 4 door X, they only have 2 left at this dealership :/
#47 of 143 What should I expect to pay? by aamirsiddiqi Jul 26, 2007 (1:44 pm)
Hi there,   I am looking to get into a jeep wrangler...which one not sure kinda depends on cost.   The sahara 4dr i was looking at had an MSRP of 31245 and the x unlimited had an msrp of 25515. I am not sure how much wiggle room there is on the selling price I am guessing between 500-1000 dollars??   i don't really want to put anything down but will if needed, based on 36 or 39 mos and 12k miles, how much should I pay ofr these vehicles.   I see a lot of discussion around money factors and residuals, can someone lety me know what I should expect these values to be given I am in Denver CO and have good credit.   Thanks for your help!!! Replies to this message: felbie1 (Jul 28, 2007 5:52 am) megakarl99 (Jul 29, 2007 9:20 pm)
#48 of 143 Re: What should I expect to pay? [aamirsiddiqi] by felbie1 Jul 28, 2007 (5:52 am)
Replying to: aamirsiddiqi (Jul 26, 2007 1:44 pm) In Florida the residual I got for a Wrangler X Unlimited was 63% for 39months(this is usually the best deal) and a money factor rate of .00337 , the other dealer ship I was using was trying to use .00395 so they can raise the money factor, I dont know if these values are the same for everywhere, but they should be, you should be able to get the car for invoice or below, thats what Im paying if I decide to take the car, but I have employee pricing but even without it, i think you can get it.   The lease for me for a X Unlimited with a similar MSRP was 375 tax in for 39 months/12k a year. The car has Power convenience package the preferred package with cruise control and all that stuff. supplemental front air bag and a soft top and like a few other things. Unfortunately its not easy to find one down here with the extra air bag so my options are limited. Replies to this message: megakarl99 (Jul 29, 2007 9:20 pm)
#49 of 143 Re: What should I expect to pay? [felbie1] by megakarl99 Jul 29, 2007 (9:20 pm)
Replying to: felbie1 (Jul 28, 2007 5:52 am) Between 60-63% is a legit number for the residual from what I have found in the month or so of daily research I have been doing. Money factor starts at .00345, but that is for 740+ credit score. Assuming you have decent (over 690) credit, anything under .004 is acceptable for these leases (but still absolutely rediculous in the world of leasing) In a perfect world, yes you would get the vehicle at or around invoice, But it's just not the case right now with the 07 jeeps. Dealerships are still charging between 2500-8000 markups OVER MSRP and people are still coming in and spending it, so there is no reason to drop the price on them. The difference between MSRP and Invoice on most all of the wranglers is $2000 or less.   "Employee discounts" aren't worth a whole lot (I have one too through my work), because you still have to find a dealer that will agree to give it to you for your employee price. Dealers are not obligated to honor Daimler's Affilliate Rewards program.   *If* the residual were 70% as originally quoted in this thread, you could get a great lease on the wrangler. Not that 63% is bad, It's actually one of the highest of any vehicle on the market. But the .00345 money factor is one of if not the worst MF on any vehicle I have seen right now. It's not a bad lease, leasing vs Buying will still save you 100-150 a month on the new wrangler, but it's nothing spectacular.   I worked for 3 weeks with a dealership on a 2dr rubicon. MSRP 31500, Purchase price would have been 28300 (100 over invoice) With 490 tax title license, 700 lease aquisition fee, 39 month, 12000 mile, 63% residual .0037MF;   435/mo with 1435 due at signing (dp and first month's payment) And That was a MAJOR chunk of work to get those numbers (they were blanking during a major sale weekend and needed the units) Which, for the record, I still didn't take the offer.   Honestly, the new 08 wrangler is coming out in 2-3 months. They will be marking down the 07's significantly once the new models start rolling in. I would wait for that and see what you can scoop at year end model clearance. Waiting a few weeks paid off for me by way of the new lifetime powertrain warranty that went into effect on friday. I think I'll hold out and see what else Chrysler has up their sleeve before the year is up.
#50 of 143 Re: 2007 4 Dr Wrangler unlimited sahara lease? [alstu] by Car_man HOST Jul 30, 2007 (1:18 am)
Replying to: alstu (Jul 07, 2007 12:58 pm) Hi alstu. This truck's lease payment will depend upon the selling price that you are able to negotiate on it. I would be happy to give you an idea of what sort of lease payment you can expect if you provide me with this number.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#51 of 143 Re: 2007 Wrangler Rubicon 2Dr [megakarl99] by Car_man HOST Jul 30, 2007 (1:23 am)
Replying to: megakarl99 (Jul 20, 2007 3:01 pm) You are correct, megakarl99. Chrysler Financial's residual values are the same across the entire country. Vehicles' special lease money factors do sometimes vary by region, but DaimlerChrysler is not currently providing any lease support on the Wrangler. If you were to lease one through Chrysler Financial right now for 36 or 39 months, you would have to use its standard lease money factor of .00355. This should be the same in all areas. Chrysler Financial's July residual value for a 36 month lease of a 2007 Jeep Wrangler Rubicon 2-Dr with 15,000 miles per year is 63%. The residual value for an otherwise identical 39 month lease is 62%. If you were to lease with only 12,000 miles per year, this truck's residual values would be 2% higher.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#52 of 143 Re: 2007 Wrangler X Unlimited [felbie1] by Car_man HOST Jul 30, 2007 (1:29 am)
Replying to: felbie1 (Jul 23, 2007 8:13 am) Hello felbie1. Chrysler Financial's current buy rate lease money factor and residual value for a 39 month lease of a 2007 Jeep Wrangler X 4-Dr 4WD (cool truck by the way, I love the 4-Dr Wranglers ) with 12,000 miles per year are .00355 and 66%, respectively. Using these numbers, an MSRP of $22,655, and a selling price of $21,328 I estimate that this truck's zero down, pre-tax monthly payment should be around $293. I don't know where the dealer that you are working with came up with a monthly payment of $411 per month. Even if with sales tax, that is way too high. Even if you were to roll Chrysler Financial's $700 acquisition fee into your payment, it would only increase to around $313. You may want to consider comparison shopping with a different dealer in your area.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum

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