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Old 09-06-2011, 04:33 PM
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Are the lease-numbers on jeep.com confirmed?

Hmm, I just "built" a 2012 SRT8 and it says that a fully loaded SRT8 with an MSRP of $61,375 and 15% down ($9,207) over 48 months and 12K miles/year would be $751/month. Of course, anything that could be saved off the MSRP would come off the down payment so $5K down might get you there.

If that would be accurate, that wouldn't be as bad as I thought. The fact that they keep production numbers low might have a positive effect on the residual value.

Any ideas?
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Old 09-06-2011, 07:54 PM
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Re: Are the lease-numbers on jeep.com confirmed?

If you add up your numbers you are leasing it for a total cost of $45K+ over 4 years. i have to think that buying it outright and financing for an extra 2 years (72 months total) makes more financial sense. i would think the residul value after 4 years would have to be at least $30K-$40K.
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Old 09-06-2011, 09:18 PM
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Re: Are the lease-numbers on jeep.com confirmed?

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Originally Posted by GCOverland View Post
Hmm, I just "built" a 2012 SRT8 and it says that a fully loaded SRT8 with an MSRP of $61,375 and 15% down ($9,207) over 48 months and 12K miles/year would be $751/month.
The figures on Jeep.com for the SRT are wrong, they do not include the recent price increases. Fully loaded it will be over $66k. And the lease payment they quote does not include sales tax (if you have that in your state).
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Old 09-06-2011, 09:41 PM
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Re: Are the lease-numbers on jeep.com confirmed?

those online lease things are never correct
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Old 09-06-2011, 09:42 PM
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Re: Are the lease-numbers on jeep.com confirmed?

and how'd u build one mine still says build ur 2011
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Old 09-06-2011, 09:55 PM
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Re: Are the lease-numbers on jeep.com confirmed?

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The figures on Jeep.com for the SRT are wrong, they do not include the recent price increases. Fully loaded it will be over $66k.
Well, In that case, I'm out. Will be the Overland/Summit then.

The SRT8 might be a great vehicle but I'm not insane (yet)..

That's how much more than the Summit? $16K? Crazy...

But anyway, thanks for your input, guys!
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Old 09-06-2011, 09:59 PM
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Re: Are the lease-numbers on jeep.com confirmed?

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and how'd u build one mine still says build ur 2011
http://www.jeep.com/hostc/models/CUJ...selectModel.do
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Old 09-21-2011, 09:17 PM
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Re: Are the lease-numbers on jeep.com confirmed?

Interesting though - the adjustment of the price-increase only added $40/month on the lease-calculator. Compared to the numbers for a finance, however, they still appear too high...

Let's see how the "real" numbers will be.
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Old 09-22-2011, 03:00 AM
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Re: Are the lease-numbers on jeep.com confirmed?

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Originally Posted by GCOverland View Post
Interesting though - the adjustment of the price-increase only added $40/month on the lease-calculator. Compared to the numbers for a finance, however, they still appear too high...

Let's see how the "real" numbers will be.
As recommended by another forum member, you should consider financing vs. leasing. The finance rates can range from 1.9-3% depending on financial institution. Your local credit union would be a good starting point.

Take into consideration that unless Chryco is subsidizing the lease terms, residual or m.f., financing will be the best path for ownership. The finance mgr will often mark-up the m.f. (common industry practice) plus other related fees such as acquisition and/or security.

In general the industry is moving away from leasing and providing better support with finance rates (even at 72 months). Finance $50k over 72 months @ 3% would result in a payment of $760.

I have leased my fair share of vehicles due to the benefit of a tax write-off but have since switched to traditional financing. Due what is best for your situation but leasing doesn't have the same attractive lure (i.e. high residuals) as in the past.





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Old 09-22-2011, 10:24 AM
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Re: Are the lease-numbers on jeep.com confirmed?

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Originally Posted by NHman View Post
As recommended by another forum member, you should consider financing vs. leasing. The finance rates can range from 1.9-3% depending on financial institution. Your local credit union would be a good starting point.

Take into consideration that unless Chryco is subsidizing the lease terms, residual or m.f., financing will be the best path for ownership. The finance mgr will often mark-up the m.f. (common industry practice) plus other related fees such as acquisition and/or security.

In general the industry is moving away from leasing and providing better support with finance rates (even at 72 months). Finance $50k over 72 months @ 3% would result in a payment of $760.

I have leased my fair share of vehicles due to the benefit of a tax write-off but have since switched to traditional financing. Due what is best for your situation but leasing doesn't have the same attractive lure (i.e. high residuals) as in the past.


Regards,
NHman
Thanks, NHman!

I also noticed that especially on the current numbers on the SRT8, leasing wouldn' pay off.

Anyway, it will be a while before I'm in the market but it's never a bad idea to keep an eye on the current numbers..
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Old 09-22-2011, 03:00 PM
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Re: Are the lease-numbers on jeep.com confirmed?

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Originally Posted by GCOverland View Post
Thanks, NHman!

I also noticed that especially on the current numbers on the SRT8, leasing wouldn' pay off.

Anyway, it will be a while before I'm in the market but it's never a bad idea to keep an eye on the current numbers..
Unless something changes in the economy I don't see leasing as be a viable path to vehicle ownership. It was the option to "own" some of the Euro brands but they have since reset the residuals to realistic levels. Some models will have lease programs but usually on difficult to move and/or a vehicle toward the end of the design cycle. I just don't see it happening with a new JGC SRT8. Financing is your best friend (with good credit).




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NHman
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Old 09-22-2011, 08:23 PM
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Re: Are the lease-numbers on jeep.com confirmed?

I was definitely interested when the price was in the $50's but now im kinda rethinking it.......
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