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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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#131 of 196
Re: Lease on 2007 Commander [tleray] by triesen
Jan 16, 2007 (6:00 am)
Reply

Replying to: tleray (Jan 08, 2007 7:07 am)

Hi - sorry for the delay. Their residual is higher (and I'm sure it is the correct value) because I was only estimating fo the money factor and residual percentage they gave you). I'd follow the guidance of the forum host for the best information.
#132 of 196
Detroit Jeep Commander by npitrone
Jan 19, 2007 (2:34 pm)
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I am extremely interested in leasing an 07 commander. I looked at a Sport yesterday with a monthly price of 370 a month.. BUT it could get as low as 270 with the E.C. discount.
 
Does anyone have an E.C. number they can part with? It would be extremely helpful.
 
Thanks
#133 of 196
Lease question 2007 jeep commander by star13
Jan 21, 2007 (12:39 am)
Reply
I am just about ready to lease a 2007 Jeep Commander but am questioning the deal offered.I live on Long Island in NY. The vehicle I am considering is mineral grey 2007 4x4 sport Commander. The sticker price is 30,760 and I qualify for an employee affiliate discount which comes to 1 percent below invoice and includes incentives. The thing is our credit has always been good until the last year where my husband suffered illness and our credit really has taken a tremendous fall.. I currently have 2 chrysler leases and will be turning in a 2003 leased Durango. So I also qualify for the lease loyalty. The deal offered was 319.00 a month with 2000 down for 27 months and a 10.5 mileage allowance. I was never shown the invoice price for the vehicle . When I asked the salesmen said he didn't know it.. I am suspect of whether I am getting a good deal.It is hard to calculate myself since I know my credit is lower tier..I have no idea how much this effects my price. I would have preferred a 39 month lease.. Can you offer an opinion on this please? Thanks!
#134 of 196
2007 Jeep Commander 4x4 sport - Lease Question by heyrocco
Jan 29, 2007 (5:44 pm)
Reply
I live in Westchester, NY. My dealership has offered me a lease price of $472/month. I am turning in a 2004 Dodge Durango.........but the lease is not up until July. The invoice price is $29,029, no money down, Chrysler credit $2500, 15K miles/year, lease for 39 months. Is the lease price of $472 a good price..........it seems high to me.
Also, they gave me these #'s, but I'm not sure what they mean: Pull $1501.40, Cust $1335.20, and EFT $2836.01. Help!
 
Thanks for you input.
#135 of 196
Re: 2007 Jeep Commander 4x4 sport - Lease Question [heyrocco] by Car_man HOST
Feb 09, 2007 (3:59 am)
Reply

Replying to: heyrocco (Jan 29, 2007 5:44 pm)

Hi heyrocco. DaimlerChrysler has an early lease termination program, but it only waives lessees' final three payments at no charge. If you try to get out of your current lease more than three months early, you are going to have to pay money out of your own pocket. You may want to consider waiting until you are closer to the scheduled end of your current lease to get something new. I would be happy to give you my opinion on this deal, but in order for me to do so I need you to provide me with this truck's MSRP and selling price. These numbers will show me how much of a discount you are bring given and they will enable mt to use Chrysler Financial's actual lease program to estimate what your monthly payment should be. Let me know and I'll tell you what I think.
 
Car_man
Host
Prices Paid Forum
#136 of 196
Commander 4x2 Limited and Loaded Lease...HELP! by bamatide01
Feb 17, 2007 (3:22 pm)
Reply
Hi. I have never leased before. I am thinking of leasing a 2007 Jeep Commander 4x2 limited with nav, dvd, bluetooth, etc in Birmingham, AL. The sticker MSRP is $41,660. There is currently a $2,500 cash rebate. The car is a dealer demo with 4,999 miles(too convenient??). I am not quite ready to make a decision on a car yet for a week or two. My new Pathfinder was totaled and the insurance is paying it off next week. I love the Pathfinder but I took this bad circumstance as a good opportunity to try another new car out and I would like a lower monthly payment. The salesman gave me a quick quote of $38,600 after demo reduction and $2,500 rebate. I did not want to sit down today and negotiate b/c it would waste there time b/c I will not be able to finanlize it today. The salesman is very understanding and basically said this $38,600 was still negotiable. Is this a fair price? How much should the discount be just for the demo miles? Can you tell me what I should expect for a 39 mo / 18k (if available) lease on this vehicle. I do not want to put much down (maybe 1k). What is the current money factor, residual, etc. that would be helpful to calculate all my options? I am a finance guy so I understand the calcs and the pros and cons of leasing but I need this info and some input from you to help me make a decision.
 
Thanks!!!!!
#137 of 196
commander by uffllaa
Feb 25, 2007 (1:26 pm)
Reply
I looked today at a limited loaded with a hemi navi backup camera sticker was just over 39k
im swaping a pacifica lease (chrysler financial) so would probably be entitled to lease loyalty, if they're offering anything this month. id like to put down as little as possible.
any idea where my payment should be for 36 months
im willing to do shorter if there is a good program available.
thxs
#138 of 196
follow up by uffllaa
Feb 26, 2007 (10:17 am)
Reply
msrp is $41025 (limited 4x2 with nav - saddle brown seats ...). They offered the car to me for what they claim to be invoice - $37961 - less 2500 cash less 1500 lease loyalty, since im currently a chrysler financial customer, plus tax tag and dealer fee
 
15k miles and said 39 mo was the best program currently
with 1k at inception - monthly pay was $524.70 plus tax = $558.81 What do you think?
 
seems a little high to me - my 06 durango stickered at 41k and im paying closer to $475/mo (same terms)
#139 of 196
also by uffllaa
Feb 26, 2007 (11:06 am)
Reply
said the residual was 49% and the money factor used to figure the payment was .00224
#140 of 196
Re: also [uffllaa] by bamatide01
Feb 26, 2007 (11:44 am)
Reply

Replying to: uffllaa (Feb 26, 2007 11:06 am)

Hi. I just leased an 07 limited commander with 4.7 V8, nav, back up camera, dvd, remote ignition, power liftgate, bluetooth, etc. in Birmingham, AL. The sticker was $41,500. It was a demo so I got them down to $37,100 minus $2,500 rebate. I am a finance guy and I have done an incredible amount of research on leasing negotiations and was well prepared (this is my first lease). They originally gave me a payment of $550 for 39mo/18k miles. I think the money factor was .00224 and residual of 49%. HOWEVER, they were not calculating the residual off of the MSRP (I don't know what they were using and they woudn't show me). So I walked out.
 
They called me back and I just showed the business manager my calculations and told him that is what I would pay. My new proposed terms were 27mo/15k miles, MF of .0017, residual of 55% of MSRP. He said no one had ever approached him with the amount of detail I had and gave it to me for the "fair" price. Payments came out to $560/mo after tax. He even offered me a job because of how well I understood the process.
 
I hope this helps and make sure that you know the correct numbers that should be used to calculate your lease payment. If you know what your payment should be and they come back with something different then they are using different numbers than you...simple as that. And they WILL do it if you do not point it out to them.
 
Good luck!

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