Year, Make, Model, and Trim: 2020 Jeep Grand Cherokee limited 4x4
MSRP: $44,845
Selling Price: 42,260
Incentives: 5400
Monthly Payment: $440 includes 6.35% sales tax
Drive-Off Amount: $0 sign and drive
Months:42
Annual Mileage:10,000
MF:.00028 ( marked up from .00007)
Residual:49%
Region:CT
Lease Hacker Score: 9.3 years
Thoughts? Seems like a decent deal but wondering if I can do better.
Marked up money factor plus light dealer discount. There is definitely a better deal out there
Don’t forget it’s 42 Months hard pass on that look at 36 months instead.
Jeep isn’t doing 36 months this month. It’s 39 or 42. Curious on the issues with a 42 month lease? Thanks!
@TBLE324 You will be out of warranty and will have to pay registration for only 6 months of use.
You may want to wait a little bit… a dealer in MI told me that the Employee Pricing deal will include 2020 GC staring 11/26. Could possibly have Black Friday bonus cash, too.
Good Morning! I need help!
I have a 2017 Jeep Cherokee LATITUDE Lease(12,000 annual mile) currently. I pay $320 per month for it, 9 months left with 38,500 miles currently. I will have at least 48,000 miles on this lease by the time the lease is up.
A dealership i’m dealing with is offering me to get out of this lease for $1,400(includes first month payment) down, 17,000 mile lease for a 2020 Jeep GRAND Cherokee Laredo for $475 per month. The sales manager said i have like $3,000 negative equity in my current lease. Is this a good deal???
@TSOUKO Without the dealers lease worksheet with all the numbers no one can evaluate that deal and it seems like u need more miles or leasing may not be for u. If u are driving 48K in 36 months.