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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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#59 of 143
Re: Sahara Unlimited Lease [sathomps10] by felbie1
Aug 04, 2007 (8:53 am)
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Replying to: sathomps10 (Aug 04, 2007 7:04 am)

Go to the jeep website and type in 33483, thats south florida, delray beach, itll give you 11 dealers, all with inventory of atleast 10, One dealer was 26! so my credibility isnt gone, thats only 11 thats near me, theres much more if you go to miami. Meanwhile, I went to another dealer that was fair, I saved money, they made money, I paid below invoice. And I know residual changes based on mileage, base residual is on 15k, add 2% for 12k miles and another 1% for 10k, whats your point? they wanted to give me prices based on the mileage for 15k miles, have me agree on the price, then get that extra money built in, fortunately I was smarter another dealer gave me the correct residual, a .00337 money factor, and didnt pressure me at all.
 
BTW, corporate owned dealers have to show you the invoice, AND the money factor and residual used to come up with your price. Oh, and I don't drink bottles of coke, I prefer water or iced tea, tap is fine, and so is home brewed Mark up is mark up, and I have no problem with a dealer making money, but I am only going to pay so much of it. Thats what I did, and so many other of the consumer who do their homework, don't worry you will still get your uninformed buyers who will gladly pay over sticker for a widely available vehicle.
#60 of 143
Re: Sahara Unlimited Lease [felbie1] by sathomps10
Aug 04, 2007 (11:09 am)
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Replying to: felbie1 (Aug 04, 2007 8:53 am)

Wow... I feel like I'm taling politics and dealing with spin.
 
Ok.. Jeep.com, zip code 33483. ONE Dealer in your city. the next closest dealer is 30 minutes away according to mapquest. Of the Eleven dealers listed, they are anywhere from 30 mintues to over an hour away. Again, according to mapquest.
 
Next, inventory. if I searched inventory, I saw anything from ZERO to your 26. I made a few phone calls, and started with the 26 number first. They had ONE available. The next highest Number was 15. They had ZERO. I asked this gentleman on the phone why Jeep.com listed 15 and he stated they had listed 15 available the entire year, and they had not seen one in over a month. I called a few more and got the same replies.
 
I am sure you know this because you obviously have been searchign and searching for a Wrangler and have yet to find your deal. You claim to have purchased one, and recieved this great deal but again, based on your untruthfullness and spin thus far, I am highly doubting you at this point.
 
Regardless of that, you are incorrect in deducting percentage points based on lower mileage. You ADD percentage points based on higher mileage. But again, what would I know, I only desk these deals day in and day out.
 
Lastly, there are Corporate owned dealerships. all dealerhsips are independent of Chrysler. You should know this. What dealers have an option of is participating in the Employee Advantage Program, and other Affinty Programs. If they choose to participate, then they have to obide by those rules.
 
No dealer adjusts the residual at their own discretion. This again magnifies your lack of knowledge and understanding, and your obvious inability to purchase a vehicle. A contract is a legal binding document, and on a contract, it must clearly state the residual, the payment, all documentation fees, taxes and so on. A dealer is NOT required to show you the MF used to determine payment. If you believe this, you will die an uneducated man. What all dealers are required to do is clearly explain, (we make our customers sign an ackowledgement form) that all financing arragements ARE NEGOTIABLE. Therefore, if you are unhappy with the financing terms, you can not sue later.
 
You my friend are one of the most uneducated custoemrs I have ever met. Most customers understand most of this basic information but you either one... want to make your own rules and own assertations regarding the business, or two are just incable of understanding these terms.
 
Either way... it goes back to the same thign I keep saying. The Jeep Wrangler Unlimited is the most desriable vehcile currently on the market. Those that purchase one now will pay a premium. Just as those who stood out in line for a PS3 or an Xbox 360. As demand diminishes, then prices will go down. But even when that happens, you will be asked to pay a price by a dealer and you have the option to pay that price or walk. You will never have the power you seem to think you have and demand a dealer sell it to you at your price or strong arm him into making an unaffordiable vehcile for you now affordible.
 
In the meantime... purchase a KIA until you have the cash to pay for a car you can only now dream of.
#61 of 143
Re: Sahara Unlimited Lease [sathomps10] by felbie1
Aug 04, 2007 (12:35 pm)
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Replying to: sathomps10 (Aug 04, 2007 11:09 am)

I said my area, not my city, and that dealership in my city I drive by everyday. There are atleast 3-4 out there. Im not still looking for my deal as I have found it, I am not going to satisfy you by scanning and posting my lease agreement but I am driving a Red Rock Sahara Unlimited. I apologize if I worded the residual adjustment incorrectly, as doing these car deals, is NOT my job, I do know what I paid, and what I was willing to pay. Purchase a Kia? What is this a shot at my financial status? The only reason I responded to your post was because you made a direct reference to the prices I was given, Oh yea, and I posted on here with a question about my lease, you came up because you felt the need to explain to people why they can't buy the car they want for a price they want. I personally do not care whether or not you believe me because while you are doubting my credibility and budget, I will be driving around on A1A by the beach with my top down. So enjoy the rest of your weekend, writing up deals for the car that I drive, and you have to watch everyone else drive, but you do not. The next ridiculous, and ignorant, post you make, will not be dignified with an answer by me, To whomever else paid below invoice with the appropriate money factor and didnt get ripped off by a dealer like this guy, have at him because I know I am not the only one.
#62 of 143
Re: Help [fifa] by Car_man HOST
Aug 06, 2007 (1:14 am)
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Replying to: fifa (Jul 30, 2007 9:37 am)

Hi fifa. Vehicles' residual values are based upon a percentage of their full pre-tax MSRPs, including destination charges. You can use the formula that is outlined in the following article to calculate what your Wrangler's monthly payment should be: Calculate Your Own Lease Payment. Use Chrysler Financial's current 24 month, 12,000 mile per year buy rate lease money factor of .00330 and residual value of 70% to calculate what your payment should be.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#63 of 143
Re: Help [Car_man] by fifa
Aug 06, 2007 (9:39 am)
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Replying to: Car_man (Aug 06, 2007 1:14 am)

Thank you for your help.
#64 of 143
Lease for an 07 Unlimited X Wrangler by marybethmcg
Aug 14, 2007 (2:08 am)
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I wish I had found this forum prior to leasing a Wrangler Unlimited 07 Jeep yesterday. While I thought I had done my homework based on going to a few dealers many of the questions that have come up in other discussions I failed to ask. So please tell me how bad did I get ripped off and do I have any recourse. I signed paperwork last night and am due back at the dealership this morning to have car detailed, ect..
MSRP was 24,260. I put down $3,500 for a 27 month lease with 15K miles per year. Monthly payments are $429 per mo. w/ residual value of 16739.40.
#65 of 143
Re: Lease for an 07 Unlimited X Wrangler [marybethmcg] by mb789
Aug 15, 2007 (2:54 pm)
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Replying to: marybethmcg (Aug 14, 2007 2:08 am)

How did it work out with your Jeep lease situation? I thought someone would have responded to your question by now.
#66 of 143
Re: Lease for an 07 Unlimited X Wrangler [marybethmcg] by panzer
Aug 17, 2007 (1:54 pm)
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Replying to: marybethmcg (Aug 14, 2007 2:08 am)

Looks like you paid about a $3000 gotta have it now premium.
#67 of 143
Re: Lease for an 07 Unlimited X Wrangler [mb789] by marybethmcg
Aug 19, 2007 (9:06 am)
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Replying to: mb789 (Aug 15, 2007 2:54 pm)

It is what it is. No didn't get any response. Any thoughts?
#68 of 143
Re: Lease for an 07 Unlimited X Wrangler [panzer] by marybethmcg
Aug 19, 2007 (9:11 am)
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Replying to: panzer (Aug 17, 2007 1:54 pm)

Do you think so? I agree since my lease was based on full MSRP, however after receiving several internet quotes and a visit to another dealership it seems like everything is in the same ballpark. I also can't understand how several friends of mine who are leasing Volvos and Saabs with higher stickerprices, less money down, and similar lease terms are paying less money in monthly payments. Even if I am paying full MSRP the car still had a sticker price of $24,749. Any insight?

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