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-   -   Current leasing question (http://www.jeepgarage.org/f73/current-leasing-question-17391.html)

Breitling65 01-12-2011 09:50 PM

Current leasing question
 
Hi,

Anyone could refer to the page with this current tv Gr Cherokee 2011 lease promotion: 369/month & 2500 due at signing to print it out and see all details? I can't find this besides 1 sec on TV and some small quick text on Jeep.com.

Also if anyone know I assume this is base model, 10K/year, $2500 includes all (tax, registration, etc), am I correct?

Thanks!

tfinan 01-12-2011 10:27 PM

Re: Current leasing question
 
The programs must be being revised now since the website says "
Contact a dealer for your best offer."

Below are the terms of a similiar, but dated and now expired offer that I printed at the end of December. I cleared out some time and zip details.

I've read elsewhere that the calculated residual has an amount added to it if you choose the purchase the jeep at the end of the lease. That practice, if true, appears to me to act as a recapture of incentives offered.

One dealer told me that single-pay leases are no longer available, but I have not verified further.

===
Well-qualified customers can lease a 2011 Grand Cherokee Laredo 4x4 for: on a 2011 Grand Cherokee
Laredo 4x4
$369 a month for 36 months with $2,499 due at signing[2]


Sat, 25 Dec 2010 0x:xx:xx UTC
Only one offer valid per each sale
Offer good for the ZIP Code 070xx
[2] For well-qualified lessees based on MSRP example with a 26E package after application of all cash incentives. Total due at signing is $2,499
which includes a down payment of $2,129 and first months payment of $369.35, and a $0 security deposit. Requires a dealer contribution of $1,580.
Monthly payments total $13,296.60. Tax, title and license extra. Pay for excess wear and mileage of $.20/mile for each mile over 12,000 miles per
year if vehicle is returned at end of term. Option to buy at lease end at prenegotiated price. Residency restrictions apply. Each participating dealers
actual terms may vary. Offer through Ally. Must take retail delivery by 01/03/2011.

*MSRP excludes destination, taxes, title and registration fees. Starting at price refers to the base model, optional equipment not included.
A more expensive model may be shown. Pricing and offers may change at any time without notification. To get full pricing details, see your dealer.

tfinan 01-12-2011 11:29 PM

Re: Current leasing question
 
just saw the tv ad, it says:

Call 1 888 925 jeep for lease details
Expires 1/31/2011

Breitling65 01-13-2011 06:27 AM

Re: Current leasing question
 
Thanks a lot! I went to the dealer yesterday and they told me it is 10k miles program ... oh well. Now I need good dealer for this, in my area (Central NJ) that is not easy.

FrankNJ1 01-13-2011 06:41 AM

Re: Current leasing question
 
I would use Seaview Jeep in Ocean on Rt35. They are great to deal with.

Breitling65 01-13-2011 07:41 AM

Re: Current leasing question
 
Quote:

Originally Posted by FrankNJ1 (Post 333544)
I would use Seaview Jeep in Ocean on Rt35. They are great to deal with.

Thanks I will try, some people suggesting flemington jeep as good place too.

plynn7 01-13-2011 04:55 PM

Re: Current leasing question
 
Quote:

Originally Posted by tfinan (Post 333439)
read elsewhere that the calculated residual has an amount added to it if you choose the purchase the jeep at the end of the lease. That practice, if true, appears to me to act as a recapture of incentives offered.

When I read my lease agreement on my 11 Overland, there was an added cost of $2300 above the residual $21,800(residual)+ $2300 to purchase at the end of my lease. When I questioned my dealer what this extra cost was, he told me, it must be the cost of paperwork and such to buy the lease, since they get the numbers from the finance company they were not sure what exactly the $2300 was for. I find this hard to believe since my other buyout for a lease was 2008 JGC where residual plus whatever the dealer would charge to do the paperwork, and that charge was $700. The dealer did say that the added $2300 could be negotiated. We will see.:rolleyes:

Breitling65 01-15-2011 04:16 AM

Re: Current leasing question
 
Got one!!! :) Thanks everybody, Laredo 4x4/blackberry pearl. They took my 2008 Gr Cherockee 5 month before lease is over. Very happy, that printout helped since they don't like much this program details. Oh well...:)
Car runs completly different to 2008 model, also tried Toyota Highlander 2011 and Subaru Outback 2011, both cars are total ju.k in compare to new Jeep Gr Cherokee.

tfinan 01-15-2011 08:31 AM

Re: Current leasing question
 
Great!

Where did you get it? Did you just use the printout? Did you get a laredo E as specified in the offer? Did the lease have the residual add-on? What are the residual and money factors from the contract?

jeepjeep 01-16-2011 02:02 AM

Re: Current leasing question
 
I just picked up my JGC Laredo 4x4 w/ X Package, Single Roof, Tow, OffRoad I, Engine Block Htr and am leasing for $540/mo-36 mo- with $1780 drive off.
Oh, and I love this thing! I traded in an '07 Commander (kinda miss it but totally unreliable).
Hope this helps.

Breitling65 01-16-2011 01:17 PM

Re: Current leasing question
 
Quote:

Originally Posted by tfinan (Post 334856)
Great!

Where did you get it? Did you just use the printout? Did you get a laredo E as specified in the offer? Did the lease have the residual add-on? What are the residual and money factors from the contract?

As I said I went to Flemington Jeep and talked them to take my 2008 Gr Cherokee 5 month before lease end :) and show printout from this text above to make sure I am getting 12K etc. Done deal with 379.00/month and $2500 down :) Base model but I am ok with it, also no need in huge hemi too. I need truck for bad weather and off road hobbies I have. Otherwise I am driving my Infiniti G37 with 330hp and 5.1 sec 0 to 60miles power :)
What a difference with 2008, completely new car and amazing one. I drove 250 miles so far and I am so impressed that I wash it today myself (never happened with 2008) :)


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