Trying to make sense of this lease offer for a 2025 Jeep Wagoneer S.
24 months/10k miles
MSRP: 67590
Sale Price: 64999
Customer cash: 2500
Rebates: 17500
Doc fee: 399
Total Cap Reduction: 19049.92
Residual value: 43933.50
Money Factor: .00235%
Base payment: 505.58
Tax: 45.50
Total monthly payment: 551.08
Due on delivery: 2500
I feel like with that cap reduction and residual my monthly payment should be a lot less. I ran the numbers through the leasehackr calculator and got a number around $300 a month. What am I missing, and what should I go back to them with?
Just curious, have you done much research on the reliability of this model? The reason I ask is that I was thinking about going this holiday weekend and trying to get a great deal as I only have one payment left on my Grand Cherokee 4xe lease. I decided to join the Wagoneer S FB group and holy shit, they are having tons of issues. I know you will hear more from people with issues than without, but it was one of the very worst I saw.
Not trying to deter you from your purchase, just wanted to know if you had researched it much, or just looking for a good lease deal (this is what I usually do lol)