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Leasing a Jeep Gladiator

Renegade

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Is that mf what they are telling you or what you are calculating. I havent been quoted an mf under .0020 and I have 800+ credit. Which bank is that thru?
Thanks!
Quoted and verified by calculating. It’s through US Bank, via Travis at Try-City Jeep.
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$594 per month, actually. However this is with $4504 down. The leases most quote on here are with ZERO down. Much easier to compare one lease to another with ZERO down. Change to ZERO down and it jumps to $728 per month.

Also MF and residual aren't locked in when you order a new vehicle for lease, they can change monthly.

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Does this calculator add in tax?
 
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How do you find money factor and residual
Money factors fluctuate a bit with interest rates, and vary based on credit score "tiers". Residuals are calculated projections of resale value and are set by the leasing companies. They generally drop a point or so every couple of months as the new model year approaches. The Edmunds forums are usually a good resource for money factor and residual value percentages.
 

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steffen707

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That’s not true at all. There are resources on the web to put your entire deal together and figure out everything you want to know before contacting the dealer.

https://forums.edmunds.com/discussi...2020-jeep-gladiator-lease-deals-and-prices/p6

Edmunds forum is a great resource. Just join and you can ask them for the MF, RV and any incentives for your area on the specific vehicle you are looking to get into.
My bad - I would only trust @spenchey .........better?
 
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steffen707

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That’s not true at all. There are resources on the web to put your entire deal together and figure out everything you want to know before contacting the dealer.
I put my whole deal together with information from this forum the dealer and the internet, but I wouldn't trust Edmunds to tell me FCA's residual values on their vehicles. FCA/US Bank may change MF and Residual MULTIPLE TIMES A MONTH.

Get some preliminary figures from a reputable dealer that won't intimidate you, get an idea of what its going to cost, then re-check the MF/Residual/Payments before you sign, because the payments can change daily until you actually sign the lease. :movember::puke::punch:
 

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I put my whole deal together with information from this forum the dealer and the internet, but I wouldn't trust Edmunds to tell me FCA's residual values on their vehicles. FCA/US Bank may change MF and Residual MULTIPLE TIMES A MONTH.

Get some preliminary figures from a reputable dealer that won't intimidate you, get an idea of what its going to cost, then re-check the MF/Residual/Payments before you sign, because the payments can change daily until you actually sign the lease. :movember::puke::punch:
We are talking apples and oranges here. I was responding to “the dealer is the only place you can get MF and RV”

I’ve used edmunds for my last 3 leases and everything will work great. There is more than one way to accomplish the same goal we are looking for.... a low payment lol
 

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Consumer Reports has been analyzing this issue for decades and they always come to same the conclusion. Leasing makes sense for people who want a new car or truck every two to three years. For anyone who keeps a car or truck long term, leasing does not make money sense.
 

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Consumer Reports has been analyzing this issue for decades and they always come to same the conclusion. Leasing makes sense for people who want a new car or truck every two to three years. For anyone who keeps a car or truck long term, leasing does not make money sense.
Well yea... I want a new vehicle ever year or two so it makes perfect sense for someone like me. You just need to know how to maximize your value. But for the gladiator, I’ll be leasing one for the purpose of an “extended test drive” and at the end, if I like it, I’ll buy it. And if I don’t like it and there is equity, I’ll still buy it to sell it. If I don’t like it and it’s tanked in value, I’ll trade it in. It’s the ultimate protection.
 

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How do we calculate this? What is standard money factor? When i get residual from edmunds what do i do to figure out lease payments
 
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How do we calculate this? What is standard money factor? When i get residual from edmunds what do i do to figure out lease payments
I went to the dealer this past weekend and they told me tier 1 credit is a money factor of .00200 (or 4.8%). Not great, not terrible. But money factor is usually a regional number.

Residuals right now for 10k miles per year:
Sport- 80%
Sport S- 75%
Overland- 70%
Rubicon- 70%

Obviously, there is no lease cash or other incentives other than $500 military right now.
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