2016 Jeep Renegade MF and Residual

Wondering if anyone knows numbers for a 2016 renegade sport? They have a few good incentives going on right now, so just checking it out…

2016 Jeep Renegade Sport

Residual: 53%
MF: .00003

There’s $500 in Southeast February Fast Start Bonus Cash (SECGX1+).


This is my first lease so everyone correct me if I am wrong but here are the key numbers I am looking at:

Truecar estimate would be $17,124 for base sport
Jeep shows $1500 cash allowance:
Presidents’ Day Retail Bonus Cash 41CG6B[1] $500
Southeast BC Retail Consumer Cash 66CG1[2] $500
Southeast February Fast Start Bonus Cash SECGX1[3] $500

MF .00003
Residual: 53%
Plugging this into calculator nets a $189 per month lease payment. All looks right?

The “retail” cash is for cash-purchases only. They cannot be combined with leases or special finance offers.