Hey All,
Been monitoring the forums for a little while and have leased a few MBs prior. Switching over to a Grand Cherokee now. This is the first offer I received from the dealer so would like to know your thoughts and how much you think I can improve on the discount off MSRP. I realize this is a 2020 so perhaps they aren’t being discounted much.
MSRP: $48,250
Price: $43,663
MF: .00004
Residual: 53%
Miles / Term: 12 / 36
Acquisition Fee: $595
Doc Fee: 85
Rebate: $2,500
Government Fees; $600.75
DAS: $500
Total Monthly: $519.08
I’m attaching the first lease sheet they gave me which has a marked up MF. With the MF at .00004, the payment goes to $519.08.
I had to net the $500 down payment with the first month payment, upfront fees, and upfront taxes in order to get the calculator to tie. If there is a better way to show this, please let me know.
Any thoughts would be appreciated.
Thanks.
