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Old 09-09-2014, 07:58 PM
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Re: Lease question

Originally Posted by macfan View Post
Depends on a few things. The sticker price of the vehicle and your credit rating to begin with. I am leasing my loaded 2014 Jeep Cherokee Limited ADII with a $40,000 sticker and no money or trade down for $408 a month (includes all taxes and fees) on a 39 month lease at 10,000 miles a year. So just for kicks double that and it comes out to an $80,000 sticker and $916 a month lease. Yes, I know the residual is part of this too. Still under a $1,000 with 0 down. Chrysler Capital is making some fantastic deals right now even if you have sub prime credit.

You can't compare leasing a limited with manufacturer incentives to an SRT.

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Old 09-12-2014, 07:12 PM
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Re: Lease question

The residual is bad on the SRT as it should be. Mileage over what was purchased up front is $.50 per mile. That is in line with actual depreciation in my opinion. High end vehicles drop in value faster. With $0 down, expect $1,250 plus for an SRT with 15k miles a year. If you can write it off or like trading every 3 years on a schedule it is a good option. If you like to drive it out for 4 plus years and can't take a deduction for it then leasing a $70,000 vehicle might not be the answer for you. I love my new SRT. Just got it less than a week ago and have already driven it 550 miles. It's a beast and I have received a ton of compliments.

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