Many things can impact payment results - Saab General Bulletin Board - Saabnet.com
The banner above is an advertisment - if it asks you to download software, please ignore.
Site News -
4/9 Saab Owners' Convention Day Pass Raffle |
3/26 M Car Covers (by State of Nine)
[General |
Members |
C900 |
9000 |
NG900 & OG93 |
93 |
95 |
NG95 |
99 |
Sonett |
Vintage Models |
Clubs |
Other Cars |
FAQs |
Gifts |
Member Photo Galleries |
Member Directory |
Classifieds |
Manuals |
*Buddy Registry |
*Mileage Registry |
Polls |
What's New |
Raffle |
Photo of the Month |
Sponsors]
[Main General Bulletin Board | BBFAQ |
Prev by Date | Next by Date | Post Followup ]
Member Login / Signup - Members see fewer ads. - Latest Member Gallery Photos
Many things can impact payment results
Posted by A1-turbo (more from A1-turbo) on Sun, 27 Jul 2014 09:38:24
In Reply to: Lease calculator seems way off, adl6009 
[Profile/Gallery]
, Sat, 26 Jul 2014 21:44:31
Members do not see ads below this line. - Help Keep This Site Online - Signup
I think part of the issue may be the residual you are using. Promotional lease deals are often low mileage (e.g. 10K/year) which boost typical residuals.
Using a higher residual like 54% (assuming 36 months, and GC 4x4) will bring the two payments closer together.
There are also no doubt some factory incentives (subsidizing) factored into the Jeep figure.
2014 Grand Cherokee Limited 4x4 with $39,490 MSRP
On jeep.com with $3,949 down it was $371/month
On cars.com with similar data and zero money factor, it was $395/month
That's a difference of only $24/month. There are also lease acquisition fees, usually around $500-$700, that need to be factored in and are essentially pure profit to the manufacturer and/or dealer.
There are a variety of moving parts with lease calculations and each one can potentially change payments a fair amount. Any lease calculator should give you an accurate payment but you need to know money factor, residual, subsidies/incentives, etc.
posted by 96.227.99...
Posts in this Thread:
- Lease calculator seems way off, adl6009 , Sat, 26 Jul 2014 21:44:31
- Many things can impact payment results, A1-turbo, Sun, 27 Jul 2014 09:38:24 <-- Viewing This Message
- Yes, No, No, Dealer or Finance Company, MI-Roger
, Sun, 27 Jul 2014 04:23:17- A zero money factor, or less?, adl6009 , Sun, 27 Jul 2014 08:10:35
- Re: Yes, No, No, Dealer or Finance Company, Total cost., BobS, Sun, 27 Jul 2014 06:40:12
Members do not see ads below this line. - Help Keep This Site Online - Signup
Post a Followup
No Site Registration is Required to Post - Site Membership is optional (Member Features List), but helps to keep the site online
for all Saabers. If the site helps you, please consider helping the site by becoming a member.
StateOfNine.com
 |
SaabClub.com
 |
Jak Stoll Performance
 |
M Car Covers
 |
Ad Available
 |
Random Saabnet.com Member Gallery Photos (Click Image)
This is a moderated bulletin board - Posting is a privilege, not a right.
Unsolicited commercial postings are not allowed (no spam). Please, no For Sale or Wanted postings, SERIOUSLY.
Classifieds are to be listed in The Saab Network Classifieds pages.
This is a problem solving forum for over 250,000 Saab owners, so expect to see
problems discussed here even though our cars are generally very reliable. This is not an anything goes
type of forum. Saabnet.com has been a moderated forum since 1988. For usage guidelines, see the
Saabnet.com Mission and Purpose Page. Please remember that you are
not anonymous. Site Contact | Site Donations | Other Sites by SP -
Poverty2Prosperity.org | Run Club Menlo Park | ScreenBot
Site Members do not see red text instructions, bottom of the page anchor ads, or box ads.
Click here to see all
the Site Membership Benefits!