September Money Factor?

3PedalMINI

Member
First Name
Brendon
Joined
Sep 10, 2019
Messages
5
Reaction score
0
Location
Philly Suburbs
Vehicle(s)
2018 M3-2016 F150-2020 JL Unlimited Sahara
What is the money factor for a 2020 wrangler unlimited Sahara. 39months/15k miles a year. Dealer is giving me a money factor of .00410 which is almost a 10% rate. Before I tell him how I think about that can someone give me a base moneyfactor rate?

Assume top Tier credit.

Thanks!!
Advertisement

 

mikegcny

Well-Known Member
First Name
Michael
Joined
Jul 18, 2019
Messages
116
Reaction score
90
Location
New York
Vehicle(s)
'20 Gladiator, '16 Ford F-150, '65 Ford Mustang, Boston Whaler Outrage, Boston Whaler Super Sport
Occupation
Software
What is the money factor for a 2020 wrangler unlimited Sahara. 39months/15k miles a year. Dealer is giving me a money factor of .00410 which is almost a 10% rate. Before I tell him how I think about that can someone give me a base moneyfactor rate?

Assume top Tier credit.

Thanks!!
Check the Edmunds forum.

There is a thread there for Wranglers. Guy there named Michael responds quickly. You will need to post your zip code too.

Edit: also the MF that you listed is terrible.
 

Edorand

Well-Known Member
Joined
Sep 30, 2018
Messages
75
Reaction score
76
Location
NY
Vehicle(s)
2018 JLUR
CCAP money factor is .00192 for 39 months [tier 1]
USBank .00175
Ally rate 8.89
 

Impy5

Well-Known Member
First Name
Matt
Joined
Jun 22, 2017
Messages
173
Reaction score
119
Location
CT
Vehicle(s)
2020 Wrangler Unlimited Willys
Residuals from CCAP are crazy high. I hope they stay that way if MF stays below .00200.
 

mikegcny

Well-Known Member
First Name
Michael
Joined
Jul 18, 2019
Messages
116
Reaction score
90
Location
New York
Vehicle(s)
'20 Gladiator, '16 Ford F-150, '65 Ford Mustang, Boston Whaler Outrage, Boston Whaler Super Sport
Occupation
Software
Residuals from CCAP are crazy high. I hope they stay that way if MF stays below .00200.
Do you know what they are?

I saw 67% for JLUR 3/36. Sport Altitude Unlimited had the highest at somewhere near 78%
 

Impy5

Well-Known Member
First Name
Matt
Joined
Jun 22, 2017
Messages
173
Reaction score
119
Location
CT
Vehicle(s)
2020 Wrangler Unlimited Willys
Do you know what they are?

I saw 67% for JLUR 3/36. Sport Altitude Unlimited had the highest at somewhere near 78%
It looks like they are as follows for 36m/10k:

JLU Sport S: 73%
JLU Sport Altitude: 77%
JLU Sahara: 69%
JLU Sahara Altitude: 69%
JLU Rubicon: 67%

If MF of .00192 is correct, I haven't seen this combination of high residuals and lower MF since the JK, I really hope they stay this way for a bit. I wonder if CCAP is trying to compete with US Bank a bit since they've been aggressive with Wrangler leases.

https://forums.edmunds.com/discussi.../2020-jeep-wrangler-lease-deals-and-prices/p2
 
Advertisement

Stinger Off-Road
 
Advertisement
Top