Deal Check/Help 2024 Grand Wagoneer

Ask the Hackrs
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1

Hey Hackrs

Using @delta737h’s sheet here. The wife really wants one of these grand wagoneer’s so i did a little research on mf,rv, and incentives and right now the 2024 seems like a decent one to go after. I’m not certain if im being too aggressive or not aggressive enough as this one is a demo with 4k miles on it. Its in good shape but could use a detail. Theres another one with 5k, but this the L version she likes. Any input would be appreciated.

July 6th, 2025 Lease Proposal
2024 Jeep Gran Wagoneer L Series III Stock#
Demo/4k miles

Retail Pricing Data

Base MSRP 101,945.00
Color: Silver Zynith / Global Black Interior 695.00
Added Features 7,065.00
Destination 2,000.00
Total MSRP 111,705.00

Selling Price
Agreed Upon Value 83,980.00

Capitalized Amounts
Lease Financial Acquisition Fee 595.00
Dealer Documentation Fee 500.00
Capitalized Costs / Reductions

Gross Capitalized Cost 82,095
CCR Partial Rebate 6683.62
Adjusted Capitalized Cost 75,411.38

Residual Data
Residual Factor 51%
Residual Value (Residual Factor x MSRP) 56,969.55
Cost of Money / Term
Money Factor .00004
Term (months) 27
Lease Payment

Base Payment 762.48
SC Lease Tax @ 6% 45.75
Monthly Lease Payment 808.23

Lease Inception Fees
1 st Payment 808.23
CCR Partial Rebate 6683.62
CCR Sales Tax @ 6% x 6683.62 401.02
Gov Fees- license/title/reg.(IMF) 500
TOTAL 7892.87
Rebates/Credits 7892.87
Amount Due at Signing 0.00
Annual Mileage Allowance: 12K Excess Mileage Charge: $0.25 per mile

Zero drive-off followed by 26 monthly payments of 808.23 each.

2

What is this nonsense?

3

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4

Isn’t SC tax just a flat $500?

5

hmmmmm… a couple of things…

  1. Your numbers are way off. How do you arrive at a base payment = 762.48? Based on the data you provided, I get 688.33. However, a closer look shows that the adj. cap is wrong.
  2. What is the rebate/credits total? I get 6683.62 + 7892.87 = 14576.49 which doesn’t look right. Please itemize the rebate/credits.
  3. Don’t show this to a dealer b/c they’re going to wonder what you did… looks like there are a lot of mistakes.
6

at 110k MSRP it’s worth checking if getting 7.5k/10k and buying extra miles at $0.25/mile is cheaper than sacrificing residual on 12k.

1 Like
7

Yep, i bungled it. Take 2!

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8

Your CCR partial rebates do not match. One is 7702.35, the other is 7778.10. I suspect it should be 7778.10 which means your adj. cap should be 76316.90 yielding a base payment of 721.90. Nowhere do I see SC tax.

9

You are correct. Sorry im transferring over numbers from a spreadsheet on my phone. Its my understanding that there are no taxes in SC, only the IMF. Then each year you pay property tax which is the cost to get a sticker.

10

I assume that you’ll pay that separately from the lease. If it’s paid with the lease, you’ll need to either cap it or, pay it a lease inception.

1 Like