Looking at leasing a Jeep GC Limited 4x4 in upstate NY
MSRP for the Limited with the luxury package is $47580
I have $5k of incentives I am eligible for, and then have affiliate pricing which is 1% under invoice.
MF from edmunds is .00009 and residual 53%.
Need 36 months/12k lease.
Is $400/month with $1000 down out the door unrealistic? I know I have seen others get same MSRP with $400/$0 down but I know NY seems to be always more expensive.
If I did this right i tlooks like I have to negotiate down the price to $42k before incentives and the affiliate to get me to $421 with 0 down.
Can someone check my math, and I apologize for being bad at this.
Hey there. I think that’s fairly unrealistic, $440 with two thousand down might be more doable for 12k/yr @ 39 months, with $430 being a stretch and a tremendous pain.
It seems to me like you would like to get this vehicle for $5500 off not including incentives. These SUVs just don’t have that much markup, about $1500. Getting that much even with holdback is going to be a $3000 loser deal. Doing a $1200 loser is a real pain and a bit of a stretch. Maybe there will be some more lease cash next month but shoot for a $1000 loser and prepare to pull teeth for hours. Is it possible? I guess. Is it likely? No way.
Seems like a pretty good deal if you can get it. I have leased 10+ jeeps and have a Overland, a Limited Hemi, and a JKU right now (all in NJ). The Limited Hemi (my son drives it) I got about a year ago with an MSRP that was slightly higher than yours and with 2k drive offs and a 36 month @ 12k miles it came to $417 a month. I would say take the offer if you can get it. Occasionally there are amazing deals on Grand Cherokees but often they are lesser equipped limited or altitudes.
No I’m saying that’s a different lease program. I don’t know about the 24 month program. I’m talking about a 39 month program. I’ve seen some interesting things on honcker though that are crazy loser deals. Sometimes dealers take the big losers, they usually take little losers, and seldom make much on cars.
This is a number I got in the Chicago area, end of July, on a 4x4 limited w luxury group pkg… msrp right under $48k. This is without further negotiations, because they didn’t have the color I wanted. Could of prob knocked off another $1000 or so from DAS. Hopefully it helps. Thanks.
FCA is creating their own captive, or at least were planning on it, over the past few months. They want to control their own bank to offer floor plans to dealers and to help boost sales. Chrysler Financial is part of santander and not controlled by FCA. No captive for FCA.
