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Old 11-23-2010, 10:50 AM
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2011 cherokee laredo lease

Can someone please very if lease residual and money factor percentages increased for November? I am wondering if my dealer is pulling a fast one on me. He jacked up original $465 per month to $485 due to changes in lease percentages? Is this true?

For:
Jeep Grand cherokee laredo: 26x package, panoramic sunroof and navigator-2200 due at signing....

In addition- to include wife on lease( who its for) with 659 credit...he says it will cost an extra 40 MONTH???
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Old 11-23-2010, 10:54 AM
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Re: 2011 cherokee laredo lease

I would buy one instead.
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Old 11-23-2010, 11:14 AM
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Re: 2011 cherokee laredo lease

Never get a lease where you're putting something down up front (other than sales tax and document fees). Buying is almost always a better financial outcome unless you buy a vehicle that is obscure or may have no market appeal in 2-3 yrs (whatever the lease length is). Don't forget about mileage re$triction$ on leased vehicles!
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Old 11-23-2010, 11:15 AM
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Re: 2011 cherokee laredo lease

Walk, or at least stall and continue to shop around.

There are a lot of dealers making deals on Laredos so they can qualify for an allocation of Overlands.
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Old 11-23-2010, 02:45 PM
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Re: 2011 cherokee laredo lease

Quote:
Originally Posted by iJeep View Post
I would buy one instead.
x2


And a score of 659 isn't that great so that may have been the reason for the payment jump.
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