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Old 09-09-2013, 11:40 AM
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leasing a 2014 SRT

Newbie here, I get one vehicle lease through my medical practice as part of my compensation and am considering an SRT (as a replacement for my 2010 Range Rover supercharged). Can't be a purchase, has to be a lease. My dealer seems surprisingly ignorant as to my leasing options if I order a SRT since they don't have what I want (black with laguna interior). What are the leasing rates like for the SRT currently? ie, residuals, money factor, etc.

Would be interested in hearing from those that are leasing a 2014, particularly if you ordered your vehicle.

Thanks guys.
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Old 09-09-2013, 12:52 PM
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I saw a lease on the jeep.com for 799 per month
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Old 09-09-2013, 07:01 PM
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Re: leasing a 2014 SRT

i know you are asking about 2014, but when I was looking at 2012's, the lease payments were 1300-1400 per month with residuals in the mid 20's after three years. they didn't lease well back then, would be surprised if things changed for 2014 but don't know for sure.
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Old 09-09-2013, 10:00 PM
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Re: leasing a 2014 SRT

Residuals in the 20's?

good lord, I've never heard of such a low residual. I just got quoted a 60 residual on a X5.
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Old 09-10-2013, 02:47 PM
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Re: leasing a 2014 SRT

Quote:
Originally Posted by eye.surgeon View Post
residuals in the 20's?

Good lord, i've never heard of such a low residual. I just got quoted a 60 residual on a x5.
x5m ?
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Old 09-10-2013, 04:28 PM
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Re: leasing a 2014 SRT

I know banks that provide leasing options to CDJR dealers in Northern California set the residual value at 45% for a three year lease regardless of whether the actual market resale value is above or below that threshold. Dealers can add maybe a few percentage points to reduce the total amount leased but it does not move the needle in a significant way. Also, the 45% is calculated against the MSRP - not the actual selling price. If you plan on buying the vehicle at the end of the lease AND you keep within the maximum annual lease mileage then you can end up buying the car with less miles and at a lower price compared to similar cars on the market three years from now. I'll add that those miles are your miles and not from someone else. One more thing: The leasing bank will report the residual value to FICO (Fair-Isaac Company) since technically they are loaning the residual amount to you.
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Old 09-10-2013, 07:24 PM
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Re: leasing a 2014 SRT

yes, like i said before, i think a 39 month lease with 15000 miles gave you a purchase at end of lease option around 25K. again, this is what it was for a 2012.

Quote:
Originally Posted by eye.surgeon View Post
Residuals in the 20's?

good lord, I've never heard of such a low residual. I just got quoted a 60 residual on a X5.
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