just like I said, an unbelievably huge discount.
Edit - get real @mllcb42 with your ninja edit from 30% to 50% and US Bank to credit unions. Ridiculous.
Here’s the thing, I don’t know how much dealers are willing to discount these 2022 in stock units (which are multiple within my area), it’s year end and maybe they’re desperate to move units? So least i can do is ask…. I need to know my numbers no matter what!! You gurus are experts and know what you know but again, I just can’t leave any stones unturned.
Dealers who were desperate but rational sold off all their 22s when they knew 22 lease support was ending.
The only ones who still have 22s in 11/23 are the “I know what I got” geniuses.
But hey, you do you.
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Thank you Max, let me find out myself what you already know, isn’t that the slogan amongst you gurus “do your research”
Alright, lets stick with original topic please 
So quick update
I went to sell the car to the dealer today I agreed to buy out at 55K and he said value tanked over 6-8K overnight
He can only offer me 48K now. So I’m probably stuck with this lease
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Was getting conflicting info about the usbank numbers but solid info on the credit union ones, so i left the numbers i knew were legit.
In either situation, it sucks.
I am not understanding how the 15% isn’t a decent deal (considering most dealers are adding incentives as well). Maybe I’m misreading your post.
The GC’s in Overland trim are selling in the $50k range w/the added dealer discounts in Las Vegas. Fully loaded summit w/all the stupid stuff like rear seat entertainment (How 20th century of you, Jeep), is less than $60k. Driving any car off the lot depreciates the snot out of it.
This being said, any brokers want to shoot me an offer on a '23 GC Overland 4x4 w/Advanced Pro Tech Group III and Luxury Tech Group IV as well as 19 speaker high performance audio? I can travel a reasonable distance to get it.
I had one of the GC’s as a rental for the last 10 days/1100 miles and it was pretty nice (I drive BMWs). That’s what got me interested in buying one. My back (see Sciatica thread) had zero pain and this was with the “limited” trim seats. It doesn’t handle like a BMW but for a long distance hauler, it was stellar. Perfect size.
Because I just got a Cherokee, same specs you want… my buyout is 55K (10% off, and sll CARB Incentives) but at the auctions they are at 48K now. My lease payment is low for a SUV with these options so I’m stuck with lease
If you want to buy out my lease and help LH member out lol
Edit: it’s not a smart lease if you plan on only keeping it for 12-18 months. You’re better off buying a lightly used one coming out of a lease like I will probably do with my dealer. My local dealer offered to wash out the lease as a favor since they know they probably make easy 3-4K
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Good info. Thanks!
If youre going to lease one, youre generally better off leasing a 4xe one anyway due to all the extra incentives.
@djrabbi I am looking to lease a similar GC 4xe Overland as you in NJ. Did you use a broker? Or what NJ dealer?
Im in NC sorry
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Hey Leasehackrs!
Hope everyone is hacking away at those lease deals! I’m currently on the hunt for a 2023 leftover Jeep Grand Cherokee 4xe, specifically the Summit Reserve edition, here on the beautiful West Coast.
I’ve been hitting up a few dealerships, and they’re throwing some numbers at me that have me scratching my head. Quotes are rolling in at $1,200 and above for a 39-month lease with 12,000 miles per year. Now, call me crazy, but that seems a bit steep. Are these numbers out of this world, or is this the norm for leasing the 4xe summit reserve?
How are your December lease negotiations going? Do we anticipate better deals rolling in come January?
Gc 4xe lease prices fall off a cliff generally as you get into the higher trims
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Your money factor probably maxed out by the dealer. Post your deal if you have so we can help!
i appreciate the replies… i don’t have a specific deal with solid numbers, the dealer gave me the ballpark figures without coming in or running my credit.
i think he said residual. was 50%
$1,000 + is a bit steep
First step before ever talking to a dealer about numbers is establishing your target deal. Put together a calc of what this should cost you.
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Yeah unfortunately dealerships operate on a mode of profit by price obfuscation so if you roll up and are like “how much is this” they’ll quote you something insane.
Try east coast dealer
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i agree with you.
if the dealer said a MF of 50% and my sticker is 81k and the lease is for 39 months.
do I take the $81k sticker, subtract $7500 ev bonus and lets just say $3,500 extra dealer discounts = $70,000 then divide the 70k x2 for a 50% mf = $35,000 and then divide that into 39 =$897
did i do that correctly ? i did not include taxes etc.