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  #13  
Old 11-04-2013, 08:14 PM
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Re: Can someone give thoughts on this deal. Please!

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Originally Posted by longisland View Post
I have been shopping around looking for a great deal. I was appreciate some feedback on a deal I am strongly considering. Is this a solid deal or can I do better?

2014 Overland V8 (granite/black) Without the advanced technology package
15K miles per year
36 Month lease
MSRP of this vehicle is $49,885
Price lease is based on is $47,275 (I was told this is $145 below invoice price)
total out of pocket $1,700, which icludes:
$650 first month payment
$381.50 dealer filing fee
$78.00 plate transfer fee
$590.50 cap cost reduction


Total monthly payment…..$650

Money factor .00009
Residual %50
bank used is chrysler

Thank you in advance for any comments and/or suggestion/opinions.
Wow, you got some negative responses. The deal is not a good one. I haven't leased in a while but that residual sucks. 50% in 3 years. **** that. Buy it!!!! if you love it and it's a great vehicle. I am buying mine. Money costs are so low right now. 1.99% from many different sources.
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  #14  
Old 11-04-2013, 08:29 PM
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Re: Can someone give thoughts on this deal. Please!

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Originally Posted by kjohnson913 View Post
Wow, you got some negative responses. The deal is not a good one. I haven't leased in a while but that residual sucks. 50% in 3 years. **** that. Buy it!!!! if you love it and it's a great vehicle. I am buying mine. Money costs are so low right now. 1.99% from many different sources.
well, with this residual at 50% in 36 months or in my case 46% in 39 months, it actually sets up well for the potential to buy on the back end. with a MF of 0.0009, that is an implied APR of about 2.1%, not far off the 1.99% you mention, which is cheap money over three years. so you are paying finance charges only on the depreciation of the vehicle, instead of the entire value of the vehicle. so for 3 years, you pay 2.1% to rent the depreciation, can let your money work in the market or elsewhere instead of being a down payment and then negotiate on the residual at the end when you have 100% of the leverage. plus you have no obligation to buy and don't have to try to trade it in. so to my mind, it's actually a very good formula if purchasing the vehicle is a thought. just my $0.02.

QT
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Old 11-04-2013, 08:38 PM
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Re: Can someone give thoughts on this deal. Please!

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Originally Posted by jdshaw View Post
Best advice: Walk away. You can't get a good deal on an unreliable vehicle. 2014 JGC is not ready for prime time.
Let me guess, You had a bad one so they are all bad?

Even though you know that the outstanding issues are mostly being fixed with software upgrades????????

What a putz! Can we get him off here? he's obviously a troll!

It was suggested that you open your own thread and relay your issues there so we could all help you with them. Yet you insist on krapping all over every other thread in here!

What do you hope to accomplish? Hasn't Jeep made any attempt to address your issues or are you just hoping for a free SRT?
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  #16  
Old 11-04-2013, 08:58 PM
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Re: Can someone give thoughts on this deal. Please!

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Originally Posted by quartertank View Post
well, with this residual at 50% in 36 months or in my case 46% in 39 months, it actually sets up well for the potential to buy on the back end. with a MF of 0.0009, that is an implied APR of about 2.1%, not far off the 1.99% you mention, which is cheap money over three years. so you are paying finance charges only on the depreciation of the vehicle, instead of the entire value of the vehicle. so for 3 years, you pay 2.1% to rent the depreciation, can let your money work in the market or elsewhere instead of being a down payment and then negotiate on the residual at the end when you have 100% of the leverage. plus you have no obligation to buy and don't have to try to trade it in. so to my mind, it's actually a very good formula if purchasing the vehicle is a thought. just my $0.02.

QT
I don't get it, you asked for advice/opinions and now you say you are convinced your deal is great, the best even. OK, so what are you asking for if you know so GD much?

jeez, guess you're looking for people to say what a great deal you got.
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  #17  
Old 11-04-2013, 09:10 PM
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Re: Can someone give thoughts on this deal. Please!

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Originally Posted by kjohnson913 View Post
I don't get it, you asked for advice/opinions and now you say you are convinced your deal is great, the best even. OK, so what are you asking for if you know so GD much?

jeez, guess you're looking for people to say what a great deal you got.
i thnk you are confusing me (the OP) who asked for the advice/opinions with someone who was just offering their help by sharing a recent deal they received on the vehicle.
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