What year, what model? 2013 Laredo?
Its a 2013 Laredo x. So way low meaning to good to be true?I think your selling price is waaaay low compared to what I would expect it to be, but they adjusted that by raising the MF and (potentially, since you haven't said the model / year) lowering residuals.
I chose to put the extra money down, I wanted my payments lower hes at 359 with $1500. Im in NY so a big chunk of my down payment is taxes and fees and I would rather just pay them up front.MF is high, residual is low. Paying WAY too much for a down payment (as in, anything over $0 is WAY too much on a lease) for only 12k miles on a 39 month lease. Read through this page: G and site and understand what you're getting into with a lease.
Help me out here:Hi everyone,
$2,6000 down at 39 months for 12k miles a year it will be 314 a month
sticker for the 2013 Loredo x is 39,010 and he says im getting 1,100 under invoice
He said I am buying the Jeep after rebates at $30,966 after rebates plus tax and tags which are included into the payment.
Anybody with some help? I think the 50% residual should be higher. lease conquest is also factored in to the price.
Thanks in advance
You are forgetting interest portion of the payments.Help me out here:
39 months x $314 = $12,246
DOES NOT equal $30,966.
My calculation brings the total to $34,351 before taxes. Invoice + destination is $34,836
If someone can double check my math - just wanted you to see what the dealer tells you isn't actually what you're paying. I'll be more than happy to be wrong in this case for you.
LOL - edited it to say pre-taxesYou are forgetting interest portion of the payments.
$30,900 seems like a great deal but the other numbers are a bit wonky.
It's your money. Do with it what you want, but you're making a poor financial choice by putting that much down. Educate yourself on leases first and don't be lured in by a low payment.I chose to put the extra money down, I wanted my payments lower hes at 359 with $1500. Im in NY so a big chunk of my down payment is taxes and fees and I would rather just pay them up front.
With ally you can only raise the MF .080 is about 500 bucks in profit on reserve - her lying to u my overland is 49600 and some change with EP pricing and all the hold back and pack I bout mind for 40366 do a X - entry level line with now options is about 4000 swing from mrsp to invoice
I'm finance director for 2 Chrysler jeep stores MF should be .00093 with a 12 k lease 56 % - 58 residuals 35780 should be sale price - their some Hidden fee that their not telling you about let me know if I can assist or