Asking for the MF without Credit Check

Hello,

Can a dealer give you a MF without doing a credit check? I just went to Jeep dealer looking at Grand Cherokee Limited X. Liked the truck but when we started discussing the deal. They wouldn’t give me a breakdown of the monthly payment. They just said its $799! I thought it was crazy they wouldn’t give me a breakdown of the monthly payment. The truck was $43K so tI walked out.

They can give you a conditional MF (basically, here’s what the MF is assuming tier 1 credit).

If they won’t give you a breakdown of monthly payment, just leave. And for the next dealers, email them instead of going in.

First thing I always say, “I have A tier credit so run me at that”

If you aren’t, then your numbers will go up in the end. Simple as that

That is a great deal if you’re Z-Tier and rolling 10k in negative equity. Might as well just say “I dunno, like $1000 a month” if you’re going to fib your way to a boat payment.

You can get the base MF from Edmund’s. They could quote you with whatever. You’ll get the actual MF after your credit check and whatever finance chooses.

I wanted to test drive the truck but I like the e-mail instead of going idea. I told them multiple times I had excellent credit. Next time I’ll ask for the conditional MF. Thanks

Going to the dealer is for test drives and taking delivery of the vehicle after you’ve negotiated the deal remotely.

Also, personally I won’t email a dealer asking for numbers until I already know what they should be. If you’re asking the dealer for MF, what you’re really trying to find out is how much, if any, they’re marking it up. You can only figure this out if you already know the correct answer to the question.

Makes sense. People on this forum can give me the MF? Sorry, never leased a car. Usually I just got to my bank and get preapproved and buy my car. :grinning:

Best source for mf information is the model specific lease forum on edmunds. Edmunds has access to the information from all the manufacturers/banks, so step 1 when looking at a lease should always be to head there to get mf/rv/incentives for the model/trim you’re interested in your zip code.

Will the MF change month to month? or are they pretty static

They change month to month. You also want the residual value which changes monthly.

And the incentives applicable to a lease that you qualify for, which also varies month to month

We bought our last 4 vehicles through email and told them it was contingent on ‘thorough walk around and test drive’. It was never an issue.

where do you find the MF on Edmunds

you want to go to the edmunds lease forum specific for the vehicle you’re looking for and post asking.

Easiest way to find it is to go to google and type in “edmunds lease 2020 grand cherokee”