Jeep GC SRT Lease

Ask the Hackrs
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1

Has anyone had any luck getting 1% or close to it on an SRT model? I’ve researched a read around a bit and can’t find much info other than there are not much incentives on them.

I’ve reached out to 3 dealers locally (Miami,FL) and I’ve gotten quoted 925 a month 1500 down 36/10K, and 4K down for 845 a month 36/12k. Third dealer would only say that they are in the $1100 dollar ball park but wanted me to come in and talk numbers. The MSRP on these where between 71-73k.

Most of these dealers seem pretty far off and I’m not really interested in going over 725 a month with little down for one of these. Am I wasting my time on this car? Any suggestions from the pros?

2

I’m no pro but I would say based off the money factor and residual you would probably need about 20% off to make it a 1% deal… in 2016 I was quote 1072 effective payment and it never crossed my mind again

3

Is there any reason why these models are so notoriously hard to hack?

4

Because it’s considered a high performance “sports truck” if you will, which means the rates are typically higher then that of a regular SUV and also very little support from the manufacturer as far as rebates.

Sports Cars / High Performance don’t typically have great lease programs on them thus making them difficult to hack.

5

thanks for the feedback, Just find it hard to believe that the dealers are not motivated to get these moving as most dealers in my area still have remaining stock for 2018s and one even has a remaining 2017 model. Clearly they are not moving with the deals they are offering.

6

They basically have zero incentives with them and the current residual for the SRT is 59% on a 24/10 lease

7

I like the GC SRT but with awful numbers it’s not well suited to leasing. For that kind of MSRP I would go for a GLC63 or Alfa Stelvio Quadrifoglio and probably finance them.

In terms of bang for your buck the Audi SQ5 is currently the best in the performance SUV field.

8

Thank you all for the feedback and recommendations. I Will definitely be taking a look at the SQ5

Does anyone know if this is the same situation with the SRT Durangos?

9

I believe the SRT Durangos are worse off.

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10

If you want one, you’ll have to wait until the 2020’s come out. I tried to lease one in August and they were at $650 with $1k down. Which wasn’t terrible, but if I’m paying $680ish for a car I’m driving a Beamer or Mercedes. Just my opinion

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11

Just out of curiosity what area are you located in?

12

Cincinnati. This was an out of state inquiry, which is probably why they gave a big discount

13

Awesome thanks for the info. I’ll give it another try in August which is when my current lease is actually due so hopefully I get lucky.

14

I looked into leasing the SRT in the summer of 2018. As some people mentioned, they do not lease well. The manufacturer doesn’t give any lease rebates. In order for the SRT to be hacked it would have to be a minimum of 20% discount from the dealer and FCA only gives standard MF and residual for SRT which is not competitive. You can ask for US Bank or Ally #s but that will depend on your region and dealer.

It’s probably better to just finance the car if you can find a low car loan rate. Then sell it after 3 years.