2020 Wrangler Sport 2dr leasing

[freddog97]

Hi everyone!

I been thinking about getting a Wrangler for years! Im looking to lease a 2020 Wrangler Sport 2dr in Punk'n!
MSRP: $33,945
Sale Price: $31,339 (8% off MSPR)

I can get the lease in two options:

1: 36 months/12k miles a year. MF: 0.00189 RV:67%. $4K down
Monthly: $250 w/tax

2: 48 months/12k miles a year. MF: 0.00189 RV: 63% $4K down
Monthly: $248 w/tax

Do you think I can get the sale price down more or are these decent deals?

Thank You!

-Freddie

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[Mike630]

How much off of invoice is that sales price?
Also, with that low of a money factor, I probably wouldn’t put any money down. Just my opinion

 

[dalema]

Also remember that at 48 months you are leasing a Jeep that is out of warranty

 

[Bretc107]

I have a deal pending for 14.5 off MSRP down here in Va. on a 2020 JLU Rubi.
Residual 70%
MF: 00283
36 months 10K thru CCAP

Bret..

 

[dalema]

I have a deal pending for 14.5 off MSRP down here in Va. on a 2020 JLU Rubi.
Residual 70%
MF: 00283
36 months 10K thru CCAP

Bret..

Can't comment on the residual - but that should be fixed with CCAP.

However, on the MF - that is inflated. I believe with good credit, the base rate is 0.00189.

Also make sure you check for doc fees and other fees.

Also check on increasing to 12K miles - sometimes it is just a 1% decrease in residual which is pretty good in my mind.

Good resource here on residuals and MF etc. https://forums.edmunds.com/discussion/56980/jeep/wrangler/2020-jeep-wrangler-lease-deals-and-prices

 

[Bretc107]

My 2017 just came off lease and just hit 15K miles. So I was ok with 10K per year.
Will probably put that one up for sale soon just in time for winter.
My credit is over 800 and 6.79 APR seemed high but currently looking at a payment of 474 on a $59,505 Rubi.

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