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Jeep Commander Lease Questions

196 messages, Last post on Aug 27, 2009 at 2:24 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.
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Replying to: assangbid (Dec 09, 2005 10:09 am) Car_man Host Smart Shopper / Prices Paid Forums |
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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
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Replying to: mr_anton89 (Jan 05, 2006 1:20 pm) 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 |
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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.
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Replying to: bobc5 (Jan 29, 2006 6:52 pm) 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 |
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Replying to: kyfdx (Dec 09, 2005 4:20 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
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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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