Hi All, I was looking to do a lease on the jeep Cherokee latitude plus (v6, cold weather group, and blind spot monitoring features) when I contacted a few jeep dealerships they were giving me better quotes on the limited due to the money factor and residual rates this month.
My question would be if you think the following deal is good:
$298/month with $500 due at signing for a 2019 jeep Cherokee limited 4x4 v6 engine, cold weather group, blind spot monitoring (no nav. or sunroof).
Ideally I wanted to get this deal for $250/month and possibly $750-1,000 down. Is this unrealistic? I’m in the upstate NY area (Albany)
I was hoping to make a deal by the end of this month but will wait if others believe better deals are in November / December
The MSRP is $36,385 and they said the only separate fee outside of the $500 down is the DMV fee for the transfer of new plates.
I really wanted to have a cheaper monthly payment but I’m not sure if they will go down to closer to $250, do you think it’s worth putting more money down to get there, or is that not advisable ?
Not advisable. Remember you are looking at the total lease cost (all your payments combined), not just the monthly payment. Putting money down only changes what the monthly looks like, not your total cost.
Seems good. For comparison last month we got a '19 Cherokee Latitude Plus loaded except Nav and sunroof, 2.4L $32k sticker for $800 due at signing (this included first month payment, taxes, etc.) and $299/m for 36 w/10k miles. Wife loves it…
I got a Jeep Cherokee Limited 39,880 MSRP. Every option including towsing package without the 4x4. for 379 a month. 1st month paid for. and 12k miles back on Aug 31/Sept1 weekend
