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Prices Paid: Buying & Leasing Experiences Jeep Commander Lease Questions
187 messages, Last post on Aug 11, 2008 at 6:24 AM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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Just thought I would make a quick post. I don't have all the details of my lease, but the major points are as follows: MSRP: $38250 (Base Commander, U Pkg, Nav, V8, Uconnect, + etc) Sell Price: $30,800(approx) Lease: 36 months/20k miles per year (I needed high mileage for business purpose, actually 27 mos lease was less) Price: $448.00/month including tax (MI 6%) $0 due, Sign and Drive I used a friends DaimlerChrysler Employee Choice # for discount plus $3,000 incentive, plus dealer added additional discount I assume due to special programs on Commander in Detroit area. Thought I would let you know that there are some really good leases to be had. FYI, load up a base Commander and it is much better value and you don't have to deal with the chrome "roll handles" on the back!! |
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Replying to: misheil (Mar 16, 2006 6:35 am) Car_man Host Smart Shopper / Prices Paid Forums |
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Replying to: asw1 (Mar 20, 2006 4:37 pm) Car_man Host Smart Shopper / Prices Paid Forums |
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Car Man, you're.. well.. the man! could you help me confirm a lease deal I was quoted today? With options, the MSRP is $43,445 and the EP price quoted was $35,976. They said this included the $2,500 rebate which I would get if I lease but not get if I go with 0% financing. Before I get into the nitty gritty detail on comparing those two options, I want to make sure I am getting the best lease deal possible. The monthly rate quoted was $568 for a 39-month, 15K miles/year lease where I would have to pay $1,133 as a "first payment". Does this sound aggressive to you or should there be more room in the rate? (I am not exactly sure how to calculate the money rate). Thanks!
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Replying to: jaguar325 (May 20, 2006 7:05 pm)  . Let's work up a lease payment on this truck using Chrysler Financial's actual lease program and see what we come up with. According to my calculations, if you were to lease a 2006 Jeep Commander non-Limited 4WD (this is an assumption, let me know if you want a different truck because it will make a difference) with an MSRP of $43,445 and a selling price of $35,976 through Chrysler Financial right now for 39 months with 15,000 miles per year, your zero down, pre-tax monthly payment should be around $468. This is a lot lower than the payment that you were quoted. I assume that your payment includes sales tax. This would make up for some, but not all of the difference. Perhaps the dealer that you are working with is marking up your truck's money factor. Make sure that Chrysler Financial's buy rate money factor of .00159 is being used to calculate your truck's lease payment. Car_man Host Smart Shopper / Prices Paid Forums
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Replying to: Car_man (May 30, 2006 3:20 am)
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Hey Car Man! Long time lurker here... second time lessee. The first time I knew nothing and don't think I did very well. I've now read "10 Steps to Leasing..." and played with the Calculator and still find myself feeling unsure of how to proceed. I picked up my last car - Ford Expedition - via Cars Direct at a very good price out of Las Vegas, but think I got ripped on the lease. Now I am looking again at Cars Direct for getting the car, but think I may have a hard time negotiating lease terms assuming the car turns out to be in another town or state. 2006 Commander Limited, 4x4, 5.7 Hemi and tow package. MSRP $40,850. Cars Direct target price $35,781 after $2,500 rebate. Local dealer offered the car to me at $37,425 and a 36 mo lease, 15k/yr for around $720/mo. Plus a first payment/registration fee. I said, "Say what?" Update: Just got a call back from the local dealer who quoted me $36,244 now... waiting now for lease info update. I guess I'm not even sure what advice to ask for at this point, but I need to make something happen in the next 10 days or so and would look to you for any guidance you might be able to give. Thanks for any input you can give me! Tad UPDATE: MSRP $40,925 27 mo lease  15k/yr: CAP $36,244. Money factor .00230. Residual 58% + $700 acquisition fee. $640.30/mo + tax. The calculator on this site says it should be $603.21 + tax w/ $650 security deposit(?) 36 mo lease 15k/yr: CAP $36,244. Money factor .00230. Residual 51% + $700 acquisition fee. $586.67/mo + tax. The calculator now tells me $562.63 + tax w/$600 security deposit.
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Some of my local dealers constantly advertised leasing deals on 2006 Commander 4X4 at $129-159 monthly payment with zero down for a 27-month term. Obviously it is too good to be true. Are these just their tricks to lure you to visit their stores? By the way, for a base style of 2006 Jeep Commander 4WD, what kind of deals can be considered as good? |
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Replying to: arthurking (Jun 13, 2006 9:32 pm) 
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Replying to: jaguar325 (May 30, 2006 1:15 pm) Car_man Host Prices Paid Forums |
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