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Old 03-07-2013, 06:34 PM
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2014 Overland ordered, look at this money factor

Just placed the order, the reason I went with the Overland over the Summit was because of this money factor. If you are in NJ/NY area, the dealer is Team Welsh Jeep. A dealer 10 miles away had a factor of .0018 on the same vehicle.

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Old 03-07-2013, 06:45 PM
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Re: 2014 Overland ordered, look at this money factor

Did you negotiate the price or just lease from the MSRP?
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Old 03-07-2013, 06:48 PM
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Re: 2014 Overland ordered, look at this money factor

Used Tread Lightly. MSRP was $50,175, Invoice $47,567, FFP is what I got at $47,166.
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Old 03-07-2013, 06:51 PM
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Re: 2014 Overland ordered, look at this money factor

Wow...thats incredible. Thats like no interest at all...
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Old 03-07-2013, 07:02 PM
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Re: 2014 Overland ordered, look at this money factor

Ya, that's a good deal for leasing!
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Old 03-07-2013, 07:27 PM
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Re: 2014 Overland ordered, look at this money factor

I've never leased a car. Is it normal to have life insurance and accident and health insurance on the invoice?
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Old 03-07-2013, 07:31 PM
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Re: 2014 Overland ordered, look at this money factor

What does all that mean?? You have no payment now?
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Old 03-07-2013, 07:51 PM
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Re: 2014 Overland ordered, look at this money factor

Quote:
Originally Posted by Srt8_hmi View Post
What does all that mean?? You have no payment now?
The payment is 327.10. My trade was $9k and I put down $2500 cash.
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Old 03-07-2013, 08:29 PM
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Re: 2014 Overland ordered, look at this money factor

I'm not really well-versed in leasing, so bear with me. Don't they recommend not putting so much down ($11,500 in this case) on a lease since if you total the vehicle you've lost that money?
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Old 03-07-2013, 08:34 PM
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How many miles per year?
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Old 03-07-2013, 08:43 PM
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Re: 2014 Overland ordered, look at this money factor

So it would be close to $650 per with no money down? That's not bad really. Why put that much down if rates are as stupid low right now? I got 2.39% for 75mos.
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Old 03-07-2013, 09:09 PM
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Re: 2014 Overland ordered, look at this money factor

I put that much down to keep the monthly low. It was either I pay more now and less later, or less now and more later, the lease amount is still the same. Just a preference, that's all. I like having a new vehicle every few years so it works for me.
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