Sold my 2018 GC to ALgo for $3200 positive equity and decided to use the funds to upgrade to a higher trim. It was delivered about an hour after the old one was hauled off:
Year, Make, Model, and Trim: 2020 Jeep GC High Altitude, Slate Blue
Sell price: 1% under invoice from Affiliate pricing (through my job)
Monthly Payment: $496
Drive-Off Amount: $496
Annual Mileage: 12,000
Region: NY Tri State
I couldn’t get the calc to match perfectly, also the DAS was about $1200, but the dealer covered the amount above 1st month (about $700)
Leasehackr Calculator Link
Some notes: After factoring in the $3200 that I’ll use towards this lease, as well as the $250 from BonusDrive, the effective payment for me is $400.
Also, normally 1% under invoice isn’t considered very strong, but inventory is very tight now. $8250 in rebated helped a lot, too. Having Grand Cherokee loyalty got me like $3000 in rebates alone.