jmill012
Well-Known Member
- First Name
- Jim
- Joined
- Apr 2, 2018
- Threads
- 17
- Messages
- 215
- Reaction score
- 156
- Location
- Hampstead, MD
- Vehicle(s)
- 22 392XR, 22 Model 3 Performance, 22 Wagoneer
- Thread starter
- #46
Yes
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Hey Jim, our dealer is telling us that the Ashley's MF is .00235 because she has a 704 score and is considered "Tier 2"... From your experience (and based on your score) do you suspect that sounds right or are they marking the rate up?Just finished my lease on JLUR. Was a 48/12. 66% residual for auto transmission. And .00193 MF top tier credit. $895 acquisition fee. So looks like residual came down a tiny bit over last month and residual is down 2% from last month.
We were both tier 1 but before they ran our credit I asked my dealer what qualified at tier one and he said at 700+ they can request a tier bump from Chrysler Capital if it comes back below tier 1. I don’t know how that works to be honest and what factors are involved or how may times a dealer can do that. But it’s worth an ask to your dealer.Hey Jim, our dealer is telling us that the Ashley's MF is .00235 because she has a 704 score and is considered "Tier 2"... From your experience (and based on your score) do you suspect that sounds right or are they marking the rate up?
YesI'm seeing RV as 66% for Rubi and 67% for Sahara on 15k/36 months through CULA (http://residuals.cula.com/vehicleresidualcalculator/consumer-lease.aspx)
Does that seem odd to anyone? Isn't RV normally higher on a Rubi?
Yeswondering if the MF changes with a 36/12? I got one at 36/12 with 68% residual. MF I got was 0.00266.
I signed the docs but the vehicle is still in transit and I don't take delivery til next week - Can I go back to the dealership and ask to revisit that MF or is it too late? Mine is crazy high compared to yours!
yes you shoukd not of signed docs until Jeep is at dealerI think, but don’t quote me, in most states you don’t have a contract until you have a product and take delivery. What if it gets delayed and you don’t pick up until June? Think the dealer will give you the same residual if it drops?
Is it better to have high residual in a leeseYes
yes you shoukd not of signed docs until Jeep is at dealer
What some of the leese payments on Rubicon can you guys post your dealsYes on the RV but that's what keeps your payments low. If you like it keep it at the end! You are not paying more for it, just later rather than sooner.
What was the paymentJust finished my lease on JLUR. Was a 48/12. 66% residual for auto transmission. And .00193 MF top tier credit. $895 acquisition fee. So looks like residual came down a tiny bit over last month and residual is down 2% from last month.
That depends. If all you want is a low payment, then yes. In my opinion, if you are leasing, you are a payment buyer and a higher RV is good.Is it better to have high residual in a leese
TrueAgree but given new loan rates for 60 months are still around 1.99% and some banks, mostly credit unions, will go to 72 for the 1.99%, I don't see how Chrysler Capital doesn't lower the MF. It was high originally because of the higher residual. The Wrangler is one of the easiest leases given they hold their value. Chrysler Capital or Ally would be foolish not to adjust. If they don't they lose the deals to finance contracts and no one is using CC or Ally to finance. Leasing only makes sense when MF is low or residual is high. When both suck, financing is the way to go. Just one mans opinion....
YesI'm seeing RV as 66% for Rubi and 67% for Sahara on 15k/36 months through CULA (http://residuals.cula.com/vehicleresidualcalculator/consumer-lease.aspx)
Does that seem odd to anyone? Isn't RV normally higher on a Rubi?