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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
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Replying to: Car_man (Aug 04, 2008 1:14 am) 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. |
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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.
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Replying to: evedder (Aug 10, 2008 5:08 pm) Car_man Host Prices Paid: Buying & Leasing Experiences Forum
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Replying to: Car_man (Aug 11, 2008 1:50 am) thanks
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Replying to: evedder (Aug 10, 2008 5:08 pm) 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. |
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Replying to: evedder (Aug 11, 2008 4:15 am) 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
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Replying to: Car_man (Aug 20, 2008 1:43 am) 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?
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Replying to: snuddenstang (Oct 21, 2008 2:29 pm) 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. |
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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 Does this make any sense? Thanks |
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