Hi Guys! Been back and forth a few times and this is their “best deal”. Hoping to get some feedback.
$0 down
$360/mo (was $389, just got them down)
15k/36mo
CA
MF .00175
Residual 50% (is this normal?!? Seems low?)
MSRP $35.750
Invoice $34,300
Selling price $32,300
This is at Michael Stead Jeep in Walnut Creek, CA
State, MF, Residual?
Msrp, sales price ???
For a good deal, msrp better be north of 40k
Also, don’t fall for that rubbish, “The deal is only good today” line. They want to sell cars be it today or tomorrow and incentives may well be better tomorrow.
It’s not. Just updated all info into the original post. Thanks for your input!
I have to keep reminding myself of that!
Based on those numbers I make much higher payment so something is not quite right.
Having checked Edmunds it seems the correct residual is 51% and the MF should be 0.0007 so your numbers are wrong. Even with that adjustment the payment comes out at $489 a month.
They have a similar deal around here but it’s for 48 months
For 350 with absolutely 0 down, it is a go 
Do not do it. Look at my deal in the forum. Search 2016 Grand Cherokee deal NY.
It’s not that different? 319 vs 350. Residual is 50% vs your residual 57%. That’s the biggest discrepancy. Can someone verify?
Ok my car was 9k more in MSRP. For this deal, the selling price is too high. Do you have conquest or loyalty? Jeep has 1000 rebate or so i think for leasing that applies to anyone. Confirm via Jeep.com. This deal looks like a 3rd party bank so there should be 3000 IDL bonus cash. in addition, your MF is marked up. Plus residual is probably higher than 50% thats why numbers do not match. Same with mine, salesman said 55 percent but final paperwork was 57 percent. Again, I think you jave at least 2000 to 3000 of finals sales price they can give you.
Definitely. Knock a couple of notches off both the exorbitant mf and paltry discount and you should be at 300 or less
I would love to find a deal like this in Arizona. All the dealers here want 2k down & $430 a month for a 33k Laredo 4x2!!
Look for out of state and ship it to Arizona. I can get you in touch with the salesman i got my deal with, for a no bs deal. Shipping should be about 1000 or 28 bucks a month.
Sure send me the info, I had never thought of that. That would be great. Thanks!
Give me till tomorrow to contact the salesman to make sure they do out of state sales.
No problem. Thanks man.