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-   -   2014 Overland ordered, look at this money factor (http://www.jeepgarage.org/f73/2014-overland-ordered-look-at-this-money-factor-56057.html)

ominous24 03-07-2013 06:34 PM

2014 Overland ordered, look at this money factor
 
Just placed the order, the reason I went with the Overland over the Summit was because of this money factor. If you are in NJ/NY area, the dealer is Team Welsh Jeep. A dealer 10 miles away had a factor of .0018 on the same vehicle.

http://img189.imageshack.us/img189/6254/jeepbuy.jpg

SnoFire 03-07-2013 06:45 PM

Re: 2014 Overland ordered, look at this money factor
 
Did you negotiate the price or just lease from the MSRP?

ominous24 03-07-2013 06:48 PM

Re: 2014 Overland ordered, look at this money factor
 
Used Tread Lightly. MSRP was $50,175, Invoice $47,567, FFP is what I got at $47,166.

SW03ES 03-07-2013 06:51 PM

Re: 2014 Overland ordered, look at this money factor
 
Wow...thats incredible. Thats like no interest at all...

SnoFire 03-07-2013 07:02 PM

Re: 2014 Overland ordered, look at this money factor
 
Ya, that's a good deal for leasing!

AAAA 03-07-2013 07:27 PM

Re: 2014 Overland ordered, look at this money factor
 
I've never leased a car. Is it normal to have life insurance and accident and health insurance on the invoice?

Srt8_hmi 03-07-2013 07:31 PM

Re: 2014 Overland ordered, look at this money factor
 
What does all that mean?? You have no payment now?

ominous24 03-07-2013 07:51 PM

Re: 2014 Overland ordered, look at this money factor
 
Quote:

Originally Posted by Srt8_hmi (Post 775631)
What does all that mean?? You have no payment now?

The payment is 327.10. My trade was $9k and I put down $2500 cash.

SMG1 03-07-2013 08:29 PM

Re: 2014 Overland ordered, look at this money factor
 
I'm not really well-versed in leasing, so bear with me. Don't they recommend not putting so much down ($11,500 in this case) on a lease since if you total the vehicle you've lost that money?

Taws600 03-07-2013 08:34 PM

How many miles per year?

Srt8_hmi 03-07-2013 08:43 PM

Re: 2014 Overland ordered, look at this money factor
 
So it would be close to $650 per with no money down? That's not bad really. Why put that much down if rates are as stupid low right now? I got 2.39% for 75mos.

ominous24 03-07-2013 09:09 PM

Re: 2014 Overland ordered, look at this money factor
 
I put that much down to keep the monthly low. It was either I pay more now and less later, or less now and more later, the lease amount is still the same. Just a preference, that's all. I like having a new vehicle every few years so it works for me.


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