Sign In Join 



Jeep Grand Cherokee: Lease Questions

538 messages,  Last post on Nov 20, 2009 at 3:05 PM

You are in the Jeep Cherokee and Jeep Grand Cherokee Forum. Your Hosts are steve_ & tidester

What is this discussion about? Jeep Grand Cherokee, Car Leasing, SUV


Messages Page 52 of 55
1
...
49
50
51
52
53
54
55
Prev
Next
Last
Go To Msg #
Search This Discussion

#506 of 538
Re: 2008 Grand Cherokee Lease [Car_man] by misterep
Aug 07, 2008 (8:13 pm)
Reply

Replying to: Car_man (Aug 04, 2008 1:14 am)

The fact that they are trying to claim that they will offer financing that has similar payments to what a lease would provide is laughable.
 
Without the lease subsidy these car deals are a joke. When sales plummet in august and they can't move the year-end models Chrysler will crater and offer leasing. Just wait them out... If you can wait a couple months it will be time well spent. It is laughable...but after all they are car dealers. A$$clowns at a picnic.
#508 of 538
Need a little help here please by evedder
Aug 10, 2008 (5:08 pm)
Reply
I am in the process of negotiating for a 2008 JGC, 4x4 Limited with NAV and MyGig/rearview camera/Bluetooth. MSRP is 40,020, sticker is approx 37,700, after all rebates and negotiating the cost is 28,700, they are offering me the following:
 
36 month lease, 20K miles per year (I need the miles)
$568/month with $908 down.
Total payment will be: $21,356
 
First time leaser, let me know if this is any good please.
#509 of 538
Re: Need a little help here please [evedder] by Car_man HOST
Aug 11, 2008 (1:50 am)
Reply

Replying to: evedder (Aug 10, 2008 5:08 pm)

Hi evedder. Chrysler is no longer offering leasing on any of its vehicles, so the lease that you were quoted must be through an independent bank. I am surprised that there are any independent banks that are willing to step up to the plate and offer leases on this truck. Its residual values are absolutely terrible. If I was in the market for a new SUV and I wanted to lease, I definitely would not go with a Chrysler product. You will be able to get much better deal on a lease if you go with a Ford, Honda, or Toyota at this time.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#510 of 538
Re: Need a little help here please [Car_man] by evedder
Aug 11, 2008 (4:15 am)
Reply

Replying to: Car_man (Aug 11, 2008 1:50 am)

Thanks Car man, yes, it is through a local bank, with that said, is this a good deal? Honestly, I don't know, it seems reasonable to me, but again, sort of new at this game. Looked at the other cars and not a big fan.
 
thanks
#511 of 538
Re: Need a little help here please [evedder] by ronaldc
Aug 12, 2008 (3:31 pm)
Reply

Replying to: evedder (Aug 10, 2008 5:08 pm)

Hi Evedder:
 
With the total miles you need, it would be wiser to simply to buy the GC. In my area, Chrysler is offering $7500 in rebates on the limited or $2000 in rebates with % financing for 72 months. With the dealer discount included, you should be able to purchase this vehicle for under $35000 with the % financing., which will bring your payments under the lease payments.
#512 of 538
Re: Need a little help here please [evedder] by Car_man HOST
Aug 20, 2008 (1:43 am)
Reply

Replying to: evedder (Aug 11, 2008 4:15 am)

Hi evedder. The best way to evaluate your deal is to find out the selling price that you are being charged for the Grand Cherokee that you want and compare it to the truck's dealer invoice price minus any available incentives.
 
You can look up the exact invoice price of the truck that you are interested in over in the New Vehicle Pricing section of Edmunds.com.
 
In most regions, Chrysler is providing $4,500 customer cash on the '08 Grand Cherokee right now. So shoot for invoice minus the cash as a cap cost for your lease and see what happens.
 
As the previous poster suggested, a better option than leasing through an independent bank would probably be to finance this truck through Chrysler Financial at 0% for 6 years and take advantage of $2,000 bonus cash.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#513 of 538
Re: Need a little help here please [Car_man] by snuddenstang
Oct 21, 2008 (2:29 pm)
Reply

Replying to: Car_man (Aug 20, 2008 1:43 am)

I was just at the dealer in NJ. Here is the lease deal is was offered.
2008 JGC Laredo 4X4 with the E package 31,330.00 - affiliates pricing and discounts brings price to 19,995.00.
39 month lease
10,000 miles a year
2200.00 down this includes tax and tags
payments of 275.00 a month.
Seem like a good deal?
#514 of 538
Re: Need a little help here please [snuddenstang] by djhalptert
Oct 21, 2008 (3:42 pm)
Reply

Replying to: snuddenstang (Oct 21, 2008 2:29 pm)

It would be a good deal only if that $2200 down included ONLY tax, title, license fees. If any of that is going towards cap cost I would say no. But even so, I would never put any money down on a lease.
 
FYI, if you get this vehicle and it is stolen and never recovered, the insurance company WILL NOT reimburse you for the $2200. Likewise if you are broad sided driving out of the dealer lot and the car is totalled you will not be compensated for your down payment. This is why most people don't put money down on leases.
#515 of 538
Jeep GC - 26X package at 2 dealers by will41
Oct 25, 2008 (10:11 am)
Reply
Went to 2 dealers in Northern NJ.
 
Here are the numbers:
Orig. MSRP: 37,880
Adjusted msrp:35,000
Cash/Rebate: 12,250 (lease)
Inception Fees: (2,408) they subtracted this from the cash rebate) to come with a...
Excess rebate: 9,841.17 (looks like tax to me)
 
Also; Supposedly a dealer cost of $35,379
Selling Price of 31,741
Down payment: 9,197.36 (apparently this is calced by subtracting 643.81 from the excess rebate)
 
Total Cap cost : 23,331.60
 
Residual value - 9,800
 
39 month lease $426
 
Does this make any sense?
 
Thanks

Messages Page 52 of 55
1
...
49
50
51
52
53
54
55
Prev
Next
Last
Go To Msg #
Search This Discussion
To POST a message, please Sign In.

New? Join Now!

Forum Tools

Please sign in.
Email Address:

Password:

Forgot Password?

Search Forums

Enter Keyword(s)

Advanced Search

Browse by Vehicle



View All Vehicles
Advertisement
Ask the Community
See What People Are Asking

Browse by Board

Browse by Topic


View All Topics

Today's Chats

Advertisement