Hello–In the market to lease a 2025 JGC Summit, 3yr/12k. Located in DFW. When I use the ratehackr rate finder, the MF is super high, +10%. Am I using the calculator wrong or is Jeep just horrible when it comes to lease deals? Welcome any insight/feedback. Below are the numbers posted on the site. Definitely going to work on a lower SP but with a high MF its feeling like a dead deal.
MSRP=$63,475
Savings=$3,769
Sales Price=$59,706
Thanks!
Are you clicking the option for the subvented program?
That was it. Thank you. I mocked up a deal where I roll in taxes. Payment still high for a $57k-ish SP, in the high $800s. Is that the new norm? Any chance you can look at my mock up? Trying to prepare myself on what I can expect. Curently dealer is offer $2500 dealer incentive and another $1265 in cash incentive.
Summits are garbage leases, always have been.
The taxes are adding $100 a month to your payment. I would consider paying these upfront given the relatively high MF (over 5%) if payment matters. You should include the $1265 as part of incentives in the calculator since it goes to reduce the cost. Doing this get you down to about $815 with about $1800 DAS. Paying taxes upfront gets you to about $700 with $5400 DAS.
I think at 2024 Summit should come with a bigger discount though…
Yup. Leases fall off the cliff above a limited trim.
No tdm on 25s either.
If you’re still in the market, be sure to look for lease tax credits. I was shopping many TX dealers for a GCL last month and most of them had them to offer.
If you have vehicle to trade in it will help cut some taxes.