Hi all, new to leasing. Interested in getting a 4xe and had a Seattle dealer provide me some figures. I pasted them into the calculator below. Liking the discount on MSRP(14)% and the rebate(13k), the MF being at the equivalent of 9% is bothering me. In your opinions, is the discount enough to offset the high MF? Confused at to why I was quoted such a high MF, my credit score is low 800s. Wondering if that is the just the rate environment at the moment.
MSRP 77050
Sell Price after discount 65550
After Rebate 52550
Residual Value 47350.50
0 down, just under 800 monthly payment
How does this look to you all, am I getting torched somewhere? Thanks!
Yes, you are getting torched somewhere. How does WA handle taxes? It looks like you are paying over 10% of sales price upfront. That is worse than MD and VA. Your calculator is not correct. You have 36% tax rate. Using the lease calculator on the Jeep website I get a payment under $500 a month before taxes, tags and other fees with your given numbers.