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  #25  
Old 09-09-2014, 01:11 AM
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Re: 2015 Grand Cherokee Altitude Lease (Good Deal?)

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Originally Posted by Antny74 View Post
I copied this from my first post on this thread ..

$483/month sign and drive ($0 down/due at signing), plus tax 8.1% = $522 total monthly payment on an Altitude with a MSRP of $39,575 or $37,596 w/discount.

I'm going to pay ~$550/m to finance it. You shouldn't pay more than $400 to lease an Altitude.

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  #26  
Old 09-10-2014, 07:07 AM
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Re: 2015 Grand Cherokee Altitude Lease (Good Deal?)

@$39,575 what would be the difference between leasing and buying?


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  #27  
Old 09-10-2014, 06:54 PM
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Re: 2015 Grand Cherokee Altitude Lease (Good Deal?)

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Originally Posted by LuxMan View Post
I'm going to pay ~$550/m to finance it. You shouldn't pay more than $400 to lease an Altitude.

How much did you put down and what was the purchase and OTD price if you don't mind me asking?

At a purchase price of $37000 before TTL, $4000 down, 3% APR, and 72 month term I just barely make $550 a month. Add $100 more a month if you change it to 60 months. Just curious how you got to the $550 because I'm on the fence between purchasing and leasing.


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  #28  
Old 09-10-2014, 07:22 PM
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Re: 2015 Grand Cherokee Altitude Lease (Good Deal?)

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Originally Posted by LuxMan View Post
I'm going to pay ~$550/m to finance it. You shouldn't pay more than $400 to lease an Altitude.
Even if you lease it for $450 a month with zero down, and hypothetically you lease another one after three years for $450 again. You just had two cars for 6 years for $32400.

If you finance it for $550 a month after 6 years you paid $39600.

The price difference plus the money you put in to the financed car after warranty, probably ends up being the same as what the car is worth after 6 years.

My opinion I would rather lease two cars in 6 years to never have to be out of warranty and then also not have to worry about resale value. But I usually only keep cars for 6 years anyways. If you usually keep cars for longer, then for sure financing makes more sense.
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  #29  
Old 09-14-2014, 06:04 PM
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Re: 2015 Grand Cherokee Altitude Lease (Good Deal?)

Also, you should try and keep your vehicle for at least another 3-5 years after you pay it off for it to make financial sense in the long run.
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  #30  
Old 09-14-2014, 11:14 PM
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Re: 2015 Grand Cherokee Altitude Lease (Good Deal?)

There's a bunch of lease vs financing type threads with benefits.
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  #31  
Old 09-15-2014, 08:54 PM
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2015 Grand Cherokee Altitude Lease (Good Deal?)

Lol my original dealer (before I ordered one from the group buy) just told me they want 555 a month plus tax title and fees down for a 3yr 10k/yr mile lease on a fully loaded altitude.... I told them they are nuts. I'll be paying 572 a month with 0 down to finance a fully loaded 2015 altitude how does that make any sense!


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  #32  
Old 09-15-2014, 09:46 PM
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Re: 2015 Grand Cherokee Altitude Lease (Good Deal?)

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Originally Posted by skunkd View Post
Lol my original dealer (before I ordered one from the group buy) just told me they want 555 a month plus tax title and fees down for a 3yr 10k/yr mile lease on a fully loaded altitude.... I told them they are nuts. I'll be paying 572 a month with 0 down to finance a fully loaded 2015 altitude how does that make any sense!


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What lease quote did you get from the group buy?
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  #33  
Old 09-15-2014, 11:03 PM
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Re: 2015 Grand Cherokee Altitude Lease (Good Deal?)

Group buy is only good for purchasing
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  #34  
Old 11-13-2014, 12:44 AM
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Re: 2015 Grand Cherokee Altitude Lease (Good Deal?)

Quote:
Originally Posted by LuxMan View Post
I'm going to pay ~$550/m to finance it. You shouldn't pay more than $400 to lease an Altitude.
Facts, esp with no navi, backup cam or no full leather
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  #35  
Old 03-14-2015, 11:04 PM
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Re: 2015 Grand Cherokee Altitude Lease (Good Deal?)

No Way I have a 2014 Altitude without the Audio option I am only paying 329, but also you need to look at how much to put down.
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  #36  
Old 03-15-2015, 03:21 PM
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Re: 2015 Grand Cherokee Altitude Lease (Good Deal?)

I pay $350 a month and put $1700 out of pocket on my 14 altitude w/sunroof


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