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  #13  
Old 04-03-2013, 09:55 PM
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Re: 14' Lease Rates (April)

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Originally Posted by sndrsk View Post
I thought Chrysler was done with Ally starting last Monday? Or does the contract end on the last day of the month?
That's been the rumor but I haven't seen confirmation of it. You know, it's so odd that it's so hard to get real, straight answers about leases from dealers. The basics like residuals and money factors should not be withheld from consumers. Why isn't it better regulated? It's like my credit card company trying to keep my APR hidden behind my minimum payment or something. Odd.
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  #14  
Old 04-03-2013, 11:50 PM
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Re: 14' Lease Rates (April)

I have heard that as well

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Originally Posted by torifle
That's been the rumor but I haven't seen confirmation of it. You know, it's so odd that it's so hard to get real, straight answers about leases from dealers. The basics like residuals and money factors should not be withheld from consumers. Why isn't it better regulated? It's like my credit card company trying to keep my APR hidden behind my minimum payment or something. Odd.
Its terrible, most people who lease just get absolutely screwed because its impossible for them to calculate everything they need to keep the dealer honest.

I don't think I have ever been presented with a lease that was calculated correctly the first time...
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  #15  
Old 04-04-2013, 09:51 AM
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Re: 14' Lease Rates (April)

The update I received yesterday from my dealer was that for an overland 36 month lease with 15000 miles the new resdiual is 48% (down from 50%) and the money factor is 0.00034. There is also a $1,000 incentive for competative lease conquest that applies to just about every vehicle out there, as long as it is a lease.

Also, after numerous "tests" it appears that the jeep.com website calculator is "fairly" accurate and does include tax into the calculation although it does not indicate so specifically on the website.

I have not had time yet to verify the math but my dealers calculation on a 36 month lease was $606/month. The vehicle is a 4x4 overland v6 with a cd player. MSRP: $47,185, negotiated price: $43,557.

Just some data.
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  #16  
Old 04-04-2013, 10:03 AM
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Re: 14' Lease Rates (April)

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Originally Posted by Daytonguy21 View Post
The update I received yesterday from my dealer was that for an overland 36 month lease with 15000 miles the new resdiual is 48% (down from 50%) and the money factor is 0.00034. There is also a $1,000 incentive for competative lease conquest that applies to just about every vehicle out there, as long as it is a lease.

Also, after numerous "tests" it appears that the jeep.com website calculator is "fairly" accurate and does include tax into the calculation although it does not indicate so specifically on the website.

I have not had time yet to verify the math but my dealers calculation on a 36 month lease was $606/month. The vehicle is a 4x4 overland v6 with a cd player. MSRP: $47,185, negotiated price: $43,557.

Just some data.
Plug those numbers into the spreadsheet above and let me know if it's what you're getting.
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Old 04-04-2013, 10:29 AM
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Re: 14' Lease Rates (April)

Torifile, The numbers come out within $2 per month. The difference could be that I am estimating the fees and could be $100 off somewhere.

The trade-off beween lease and buy is around $600 but to me thats still worth the "insurance" in case the truck has issues.

Thanks for sharing your calculator. Its a nice tool!
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Old 04-04-2013, 11:06 AM
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Re: 14' Lease Rates (April)

Quote:
Originally Posted by Daytonguy21 View Post
The update I received yesterday from my dealer was that for an overland 36 month lease with 15000 miles the new resdiual is 48% (down from 50%) and the money factor is 0.00034. There is also a $1,000 incentive for competative lease conquest that applies to just about every vehicle out there, as long as it is a lease.

Also, after numerous "tests" it appears that the jeep.com website calculator is "fairly" accurate and does include tax into the calculation although it does not indicate so specifically on the website.

I have not had time yet to verify the math but my dealers calculation on a 36 month lease was $606/month. The vehicle is a 4x4 overland v6 with a cd player. MSRP: $47,185, negotiated price: $43,557.

Just some data.
What the down payment on that figure (cap cost reduction)?
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Old 04-09-2013, 10:17 AM
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Re: 14' Lease Rates (April)

I was quoted around $490-500 per month with 2K total out of pocket on a 14' Limited with nav, V6. Sticker was around 42k. Problem is i was told this car has the LUXII package which it did not...I argued that the LUXII package should have the LED headlights and i was told no they don't. Also the HEMI won't be available until October

Came back home and verified here on the forums that both options are available on the Limited. I also found a handful of Limited HEMI's around my area and with the LUXII pkg. Not sure if i really want to go with the HEMI.

How much should i able to beat them up on the sticker price? A Limted HEMI with the LUXII pkg is around 46k, 44k with the V6. Plus i was told i can't get these options when i actually can, I had to do the work for them!
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Old 04-09-2013, 11:06 AM
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Re: 14' Lease Rates (April)

Don't lease anything without knowing the residual and money factor!
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Old 04-09-2013, 11:13 AM
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Re: 14' Lease Rates (April)

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Originally Posted by torifile View Post
Don't lease anything without knowing the residual and money factor!
He told me the residual is over 50%. I will find out for sure tomorrow when i go back.
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Old 04-09-2013, 12:25 PM
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Re: 14' Lease Rates (April)

Just spoke with a credit union lease rep. For the month of April, 2014 GC residuals are 56% for Limited and 52% for Overland.
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  #23  
Old 04-09-2013, 12:33 PM
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Re: 14' Lease Rates (April)

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Just spoke with a credit union lease rep. For the month of April, 2014 GC residuals are 56% for Limited and 52% for Overland.
With how many miles per year, did he say?
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  #24  
Old 04-09-2013, 12:35 PM
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Re: 14' Lease Rates (April)

That was with 12k per year and 36 months total. That keeps the vehicle in sync with full warranty--which is what they recommend.
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