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Jeep Commander Lease Questions

196 messages,  Last post on Aug 27, 2009 at 2:24 AM

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

What is this discussion about? Jeep Commander, Jeep Commander SRT-8, Jeep Grand Cherokee, Car Leasing, Truck, Wagon, SUV


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#1 of 196
Jeep Commander: Lease Questions by kyfdx HOST
Dec 09, 2005 (4:20 am)
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Ask your lease questions here!
#2 of 196
Jeep Commander Lease by assangbid
Dec 09, 2005 (10:09 am)
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Hi, I don't know where I can ask questions about Jeep Commander lease. I'll do it here. I would like to know the current lease program, like money factor, residual value, for the new Jeep Commander? I'm interested in getting a LTD HEMI fully loaded. I went to a dealer today and they told me the money factor is 0.00219 and residual value is 52% for a 39 mos/12K lease. However, they are saying the monthly payment would be almost $750/mo as they have a markup on the jeep and the asking price will be $53000. I just smiled and politely walked away.
#3 of 196
Re: Jeep Commander Lease [assangbid] by Car_man HOST
Jan 05, 2006 (3:10 am)
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Replying to: assangbid (Dec 09, 2005 10:09 am)

Hi assangbid. Through January 9th, if you were to lease a 2006 Jeep Commander Limited 4WD through Chrysler Financial for 39 months with 12,000 miles per year, its buy rate lease money factor and residual value should be .00219 and 55%, respectively. When negotiating a lease on this truck, keep in mind that DaimlerChrysler is currently providing $1,000 lease cash plus an additional $1,000 bonus for leasing or financing through Chrysler Financial ($2,000 total) on it. This money will help you to negotiate an attractive capitalized cost.
 
Car_man
Host
Smart Shopper / Prices Paid Forums
#4 of 196
Low Lease by mr_anton89
Jan 05, 2006 (1:20 pm)
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I am looking to get a Commander. Is there anyway to get one with a lease of 39 months or less and a payment of under $300 a month with under $1,000 down? 4x4 is nice, but not a necessity. I am looking to get one for my son. No options are required.
Thanks,
mr_anton89
#5 of 196
Re: Low Lease [mr_anton89] by Car_man HOST
Jan 09, 2006 (4:58 am)
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Replying to: mr_anton89 (Jan 05, 2006 1:20 pm)

Hi mr_anton89. You never mentioned the selling price or MSRP of the truck that you are interested in leasing. These are important numbers 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 this truck's selling price in relation to its MSRP you don't know how much of a discount you are getting on it. The second reason is that one needs the selling price and MSRP, including the destination charge, of a vehicle to calculate its lease payment. I would be more than happy to work up a sample lease payment on the Commander that you are interested in for you if you let me know what these numbers are. I also need to know exactly which model you want, i.e Limited 4WD, non-Limited 2WD, etc... Let me know and I will try to give you a ballpark monthly payment.
 
Hi everyone. Please use the following discussion to post any questions that you have about leasing a Cadillac STS. Thanks.
 
Car_man
Host
Smart Shopper / Prices Paid Forums
#6 of 196
Lease Homework by bobc5
Jan 29, 2006 (6:52 pm)
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I am trying to do some homework being this will be my first lease.
 
There is a vehicle on the lot I would like to figure a sample lease for.
 
BASE 29,290
Options:
Dark Khaki Paint 150
Trailer Tow Group IV 255
Quick Order Pkg 28s 1,340
Rear AC/Heater 610
Adj Roof Rack 75
Destination Charge 695
===========================
MSRP 32,415
 
Edmunds: Invoice 29,766
What Others Pay 31,193
 
I'm looking for the information on the 36 month lease 12k and 15k miles. Am I correct in assuming that I should be able to get a little closer to invoice than "what others pay" price? For the sake of argument use the 31,193 and 0 down.
 
Thanks in advance for your help.
#7 of 196
Re: Lease Homework [bobc5] by Car_man HOST
Jan 30, 2006 (2:54 am)
Reply

Replying to: bobc5 (Jan 29, 2006 6:52 pm)

Welcome bobc5. 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 think that your assumption that you should be able to get a lower selling price than the "What Others Pay" price (Edmunds.com TMV) is very safe. I've found that Edmunds.com's TMV can usually be beaten fairly easily by smart shoppers who live in an area where there is a decent level of competition for their business. Also, when negotiating your lease on this truck, don't forget that DaimlerChrysler is providing $1,000 lease cash plus $1,000 bonus cash ($2,000 total) on it right now. These incentives will help you to negotiate an attractive capitalized cost.
 
If you were to lease a base 2006 Jeep Commander 4WD (not the Limited model) through DaimlerChrysler financial Services right now for 36 months with 15,000 miles per year, its buy rate lease money factor and residual value should be .00196 and 53%, respectively. The money factor for a lease with only 12,000 miles per year would be the same, but the residual value would be 2% higher. You can plug these numbers and the selling price that you negotiate into the lease payment formula that is out lined in the aforementioned articles to estimate what your lease payment should be on this truck.
 
Car_man
Host
Smart Shopper / Prices Paid Forums
#8 of 196
Re: Jeep Commander: Lease Questions [kyfdx] by hockeymom1
Jan 30, 2006 (6:27 am)
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Replying to: kyfdx (Dec 09, 2005 4:20 am)

I am looking at leasing a 2006 Commander with 40,000 miles on it. How can I determine if I am getting the best deal on a used lease? The MSRP is 32310.00 and the sales price is 27799.00. I'm just not sure that is a fair price for a used vehicle (also driven by a smoker, which I am not).
#9 of 196
jeep lease by fire123
Feb 03, 2006 (11:58 am)
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I am getting conflicting residual and money factor on Jeep Grand Cherokee Leases. I'm looking for a 2006 Jeep Grand Cherokee X package w/ bluetooth 12k/ 36 months. Just 1st months payment and ny dmv. I have received offers anywhere from 427 - 387.00. I think 375.00
MSRP-33,925
Neg price - 32,100
Discounts - 4,500
Adj. price - 27,600
Residual 52%
money factor - .00156 - Quoted 416 then dealer when to 400
#10 of 196
Jeep Commander Lease Questions by vogelgator
Feb 06, 2006 (4:31 pm)
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We went to a dealer (in NY State) and received a lease quote of $509/month with $2,500 down for a Limited 4x4 Commander with 5.7 Hemi. It included a rear entertainment center, sirius radio and upgraded color to Inferno red with saddle brown leather. Everything else was pretty much standard in the Limited vehicle. The term of the lease was 27 months, 12k miles/year. I think he used a price of $40,840 to calculate the payment. What do you think? He didn't tell us of any discounts available from manufacturer, but I guess he could have built them in. What is the free gas all about? I saw it on a posting by someone. Thank you.

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