Has anyone found a good lease deal on the Grand Cherokee 2017/18.
We just got a decent deal on a 2018 Limited 4x4. First payment due at signing and $499/month on roughly a $48k sticker.
Was $48,000 the price you paid? How many mile per year and did you put any money down?
18 Limited
47,200 MSRP
39/12
750 to pay off competitor lease (check from dealer)
480/mth
480 due at signing
47800 MSRP
39/12
4000 Rebates
.00012 MF
499/month
500 due at signing
Trade in was a wash on a lease buyout.
46,700 msrp. 444 a month with 600 in drive offs.
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The vehicle I’m looking at is 44,475.00 MSRP I have BOA discount, and dealer discount of 3.41% .
Brings the selling price is 42,57.74. doc fees 75.00 for a total of 43,032.74.
Rebates 4,000 and if I want to pay taxes first pymt. 2418.58 reduces it to 39,019.07.
Residual is .49 and mf is .12. for a payment of 449.00. As you can see you got a much better deal. Will continue the negotiations. Thanks
What’s the BOA discount?
How much in a rush are you? I did my deal early last week and since it was months end, they started getting real aggressive. You may want to work the numbers as far as you think they’ll go and then come the 26th, throw them an offer that is a hackr deal and see if they bite.
For the Jeeps it’s 1% below invoice.
Not in that much of a hurry. Can wait a few weeks. Right now a few dealers are quoting but I don’t like their deals. A friend got into the Jeep Altitude for 289.00/mo at the end of summer. Trying to stay below $400.00. Don’t need bells and whistles just leather. Thank you so much all help is appreciated.
I’ve had 2 leases of the 2014+ Grand Cherokee. My first was an altitude, which went back under lemon law, and my second is a limited with the hemi. If you’re just looking for leather and a cheaper payment you might be best off pushing a dealer to do a Laredo E pack and ask for them to install the Katzskin leather. You would still have the heated wheel and seats. I’m just saying this cause you can probably manage to get a Laredo for significantly cheaper a month than a limited and you can get the 8.4 screen with CarPlay. You wouldn’t have 4low or or heated rear seats but it’s something to consider.
MSRP for ~$45k for under $400 would be a really good deal (given you aren’t putting more than 1st months payment down).
Doable depending on rebates for the month and such.
Yes I agree. They have some really great rebates, I will get more information and post them.
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Do you confirm the following?
$2,000 Retail Lease Cash
$500 Retail Bonus Cash
$2,500 Bonus Lease Cash
The last one looks to be a factory to dealer incentive. The first 2 are advertised by Jeep.
On Saturday, I pulled the trigger on the following with a Southern California dealer:
Overland 4x2
MSRP $48,180
Selling Price $43,580 ($4,600 dealer discount, 9.5% off MSRP)
$3,500 in additional taxed rebates ($2,500 lease cash and $1,000 conquest bonus)
0.00019 money factor
52% residual (10K miles per year, 36-month lease term)
$0 down (rebates reduced by TTL, tax on the CCR/rebates, and first month’s payment)
$468 per month before tax
I also applied for the separate $500 rebate through the Bonus Drive program, but I’ll have to wait a couple months to see if it’s paid out. Thanks everyone for their help!
Great Deal. Good job
is that question for me
Dealer also gave me a chech for $1271 to pay for the three remaining lease payments on my old lease, and I able to keep my old vehicle as we’re under the lease miles.