Lease money factor

trailchaser

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Javier
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Just got quoted .00364 money factor and 69% residual on a Moab MSRP at $56,800 and sales price of $49,243

Monthly payment was $699, seemed way too high.

I’m actually buying a rubicon, MSRP $60,045, sales price of $52,056...but I’m sure the payment will also be over $700

At this point I’m thinking I’ll just buy but wondering what money factor and payments are others receiving.

Sales person said the numbers come from Jeep and would be the same everywhere.

Thanks y’all, look forward to joining the club next few weeks once my order comes in.
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brbutler

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Money Factor depends on your credit score and the term. .00364 equates to 8.736% APR, which seems high. Edmunds has a lease forum for the Jeep Wrangler, and reading recent threads there indicates that Chrysler Capital MF rates are around .00233. So, unless you have poor credit, I would say the dealer is being less than truthful.
 

YYCSahara

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I signed up for a 3.99% lease with about $7,500 off sticker. I believe that's a MF of 0.00166.
That's on a fairly loaded Sahara which makes the payments $500/m Canadian, which is what like $350USD/month :party:

67% residual or so. 39 months, 0 down payment, 12k/year.
 

Impy5

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I signed up for a 3.99% lease with about $7,500 off sticker. I believe that's a MF of 0.00166.
Would you be able to share what lease company you got that MF through?
 

nypharm

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Way too high. I leased my Rubicon through us bank and mf was 0.00170 and 42 months. Lease is 499; 1,600 due at lease signing. MSRP was close to 52k. Anyone need help leasing and on east coast, message me. I'll set you up with my dealer to get similar deal.
 
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trailchaser

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Javier
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2019 Moab
Money Factor depends on your credit score and the term. .00364 equates to 8.736% APR, which seems high. Edmunds has a lease forum for the Jeep Wrangler, and reading recent threads there indicates that Chrysler Capital MF rates are around .00233. So, unless you have poor credit, I would say the dealer is being less than truthful.
They haven’t even ran my credit, that was just their quote
 
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trailchaser

Well-Known Member
First Name
Javier
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334
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Location
Haymarket, VA
Vehicle(s)
2019 Moab
I signed up for a 3.99% lease with about $7,500 off sticker. I believe that's a MF of 0.00166.
That's on a fairly loaded Sahara which makes the payments $500/m Canadian, which is what like $350USD/month :party:

67% residual or so. 39 months, 0 down payment, 12k/year.
They haven’t run my credit so not sure where they got such a high money factor.

They said it comes from Jeep
 
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