Last post on Aug 27, 2009 at 2:24 AM
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Jeep Commander, Jeep Commander SRT-8, Car Leasing, Car Buying, SUV
#151 of 219 Re: Jeep Commander: Lease Questions [triesen]
Jan 16, 2007 (3:14 am)
Hi triesen. this truck's lease program will vary depending upon the length of the lease that you want and its mileage allowance. For now I will assume that you are interested in a 36 month lease with 15,000 miles per year. Let me know if you want something different. Chrysler Financial's current buy rate lease money factor and residual value for a 36 month lease of a 2007 Jeep Commander Limited 2WD with the 5.7L Hemi engine and with 15,000 miles per year are .00185 and 50%, respectively. When negotiating your lease on this truck, make sure to take the $2,500 lease cash that is currently available on it into account. It will help you to negotiate an attractive capitalized cost.
Prices Paid Forum
#152 of 219 Re: Lease on 2007 Commander [tleray]
Jan 16, 2007 (3:16 am)
Hi tleray. You never mentioned the selling price of the Commander that you are interested in leasing. This is an important number for you as a consumer to know for two reasons. First, the selling prices of leased vehicles can be negotiated, just as if you were paying cash for them. Without knowing the price of the truck that you want to lease you don't know how good a price you are getting it for. The second reason is that one needs the selling price of a vehicle that they want to lease is that it is necessary to calculate its lease payment. I would be more than happy to give you my opinion of this deal if you let me know what its selling price is.
For now I can tell you that $4,000 is too much money to put down when leasing. Consumers can and should lease any vehicle that they are interested in without making any sort of capitalized cost reduction. I say this because if your leased vehicle is totaled in an accident or stolen and never recovered, your down payment essentially disappears.
Prices Paid Forum
#153 of 219 Re: Lease on 2007 Commander [tleray]
Jan 16, 2007 (3:23 am)
Hi tleray. Not only should the dealer that you are working with be reducing your truck's selling price by the $2,500 lease cash, they should be providing you with an additional dealer discount on top of it. The selling prices of leased vehicles are negotiable, just as if you were paying cash for or financing them. You should be able to negotiate a selling price for this truck that is $500 to $1,000 over dealer invoice, have the $2,500 lease cash subtracted from that, and then have the dealer work up your monthly payment.
I see that you are considering trading in your current vehicle when you lease your new Commander. There's nothing wrong with trading in a car or truck when leasing a new one, but it would be in your best interest to have the dealer that you are working with cut you a check for your trade rather than using the proceeds from it as a down payment for your lease. I always advise consumers not to make large down payments on leased vehicles. Those who make them risk losing them if their leased vehicle is totaled in an accident or stolen and never recovered.
Prices Paid Forum
#154 of 219 Re: Lease on 2007 Commander [tleray]
Jan 16, 2007 (6:00 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.
#155 of 219 Detroit Jeep Commander
Jan 19, 2007 (2:34 pm)
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.
#156 of 219 Lease question 2007 jeep commander
Jan 21, 2007 (12:39 am)
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!
#157 of 219 2007 Jeep Commander 4x4 sport - Lease Question
Jan 29, 2007 (5:44 pm)
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.
#158 of 219 Re: 2007 Jeep Commander 4x4 sport - Lease Question [heyrocco]
Feb 09, 2007 (3:59 am)
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.
Prices Paid Forum
#159 of 219 Commander 4x2 Limited and Loaded Lease...HELP!
Feb 17, 2007 (3:22 pm)
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.
Feb 25, 2007 (1:26 pm)
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.