Sponsored

Current lease prices

z0lt3c

Well-Known Member
Joined
Mar 14, 2020
Threads
20
Messages
211
Reaction score
145
Location
NJ
Vehicle(s)
2020 Jeep Gladiator Sport
Build Thread
Link
Overland
$46800 sticker
$367 per month
$3395 down
42 mo 10k per
$3395 is alot due at signing. That's an effective payment of $467 per month which is about average for a $47K MSRP.


High interest. MF
It's the standard FCA rate. US Bank and/or Ally maybe lower but so are the RV's.
Sponsored

 

NC_Overland

Well-Known Member
First Name
John
Joined
Feb 21, 2020
Threads
17
Messages
1,688
Reaction score
1,914
Location
Raleigh, NC
Vehicle(s)
2020 JT Overland
2020 Jeep Gladiator Overland
36mo / 12K miles
MF: .00226
RV: 62%
DAS: First payment only.

Assuming standard fees you are looking at a lease payment $630 effective before tax. The problem is your discount is very poor (under 10% MSRP) and you don't mention any rebates. You should be able to get around $3500 in rebates on this model. If you got another $3500 off, it would drop the price to $520/mo before tax.



These terms are with FCA. US Bank may have better terms, but I do not have access to those.
First off, that’s a really high money factor. I don’t remember what mine was, but my $54k Overland is $500/mo sign and drive 15k/yr. That was back in Feb when I had to fight for $8k off, now the same Jeeps are $10-$11k off. Maybe the residual is lower, but I highly doubt the money factor is .0024. That’s 6.4% interest. I’m top tier, but damn that’s high. Taxes, fees, and all. True zero down. Now I’m feeling like I got a better deal than I had realized. I woke in the industry and understand leases very well or I wouldn’t lease. No wonder the sales manager and I battled so hard over me getting my line -x and bed cover included in the deal.
 

z0lt3c

Well-Known Member
Joined
Mar 14, 2020
Threads
20
Messages
211
Reaction score
145
Location
NJ
Vehicle(s)
2020 Jeep Gladiator Sport
Build Thread
Link
First off, that’s a really high money factor. I don’t remember what mine was, but my $54k Overland is $500/mo sign and drive 15k/yr. That was back in Feb when I had to fight for $8k off, now the same Jeeps are $10-$11k off. Maybe the residual is lower, but I highly doubt the money factor is .0024. That’s 6.4% interest. I’m top tier, but damn that’s high.
The RV's on Gladiator from FCA have fallen over 10% since Feb. On average, monthly payments are about $100 higher. MF .00226 (5.38%) is the standard FCA buy rate money factor. No change to this rate this year, although you may not have financed through FCA.
 

NC_Overland

Well-Known Member
First Name
John
Joined
Feb 21, 2020
Threads
17
Messages
1,688
Reaction score
1,914
Location
Raleigh, NC
Vehicle(s)
2020 JT Overland
The RV's on Gladiator from FCA have fallen over 10% since Feb. On average, monthly payments are about $100 higher. MF .00226 (5.38%) is the standard FCA buy rate money factor. No change to this rate this year, although you may not have financed through FCA.
I do remember now that mine was US Bank. They have been good to me. My 2017 Canyon that I traded in was only 2.6% for 72mo.
 
 



Top