Hello, first lease so appreciate any guidance. 2017 Jeep Compass (Latitude) demo with almost 3000 miles.
Msrp. 28,860
Discounted price 19,860
MF. .00225
res. .53%
10k / 24
$296 month including taxes
$2000 due at signing (first and MV fees)
The dealer says he can try to convince the manager to get less than $2000 at signing and that he needs to run my credit to be able to give me a lower rate, I told him my credit was 700+ but he insists in running my credit. I’ve seen other dealers give estimates based on 700+ so I don’t know why they insist.
Considering that someone else recently posted a brand new 2018 Compass trailhawk for about 290 a month with first month due at signing, I’d say that’s not a deal that I’d waste a credit pull on.
$2000 seems high for first and fees. Did they provide a breakdown for you? Tell them to quote you based on 700+ without running credit or look elsewhere. Really dumb for them to not be able to do that. Agree with ElectricEliminator, don’t let them run your credit for this deal.
