JL Lease info.

[jeeper27]

Honestly, if you are leasing I personally would not get a sahara unless you're getting a sahara specific feature since the price difference is so big. You can get almost just as many features on a Sport S for not nearly as much as a sahara (leasing).

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[ThirtyOne]

Honestly, if you are leasing I personally would not get a sahara unless you're getting a sahara specific feature since the price difference is so big. You can get almost just as many features on a Sport S for not nearly as much as a sahara (leasing).

It's true that Saharas don't lease well because of their low residual. You can get a Sport S for a lot less. Or a Rubicon for about the same amount or a little less.

On the other hand, get what you want and enjoy your Jeep!

 

[aug0211]

It's true that Saharas don't lease well because of their low residual. You can get a Sport S for a lot less. Or a Rubicon for about the same amount or a little less.

On the other hand, get what you want and enjoy your Jeep!

Yes, definitely true. Unfortunately, if you want Selec-Trac, you're locked in to a Sahara

 

[jeeper27]

Current offer, JLU Sahara in Ohio, 15k miles/year.

Do you have the link for that spreadsheet? I would like to plug in some number for a sahara near me so I can get an idea if its even worth looking into... Thanks!

It's true that Saharas don't lease well because of their low residual. You can get a Sport S for a lot less. Or a Rubicon for about the same amount or a little less.

On the other hand, get what you want and enjoy your Jeep!

True! Might as well get what you enjoy because in the end no matter how little you're paying for your Jeep, if you don't like what you have is it really worth it?

 

[aug0211]

Do you have the link for that spreadsheet? I would like to plug in some number for a sahara near me so I can get an idea if its even worth looking into... Thanks!

True! Might as well get what you enjoy because in the end no matter how little you're paying for your Jeep, if you don't like what you have is it really worth it?

That’s odd - I am sure that I uploaded a copy of the spreadsheet for editing... but now I don’t see the attachment anywhere (?).

I’ll upload another copy once I get a chance (on a mobile device right now).

Though, I’ll add that the best thing to do is to go to Edmunds.com and read their guide on how to calculate by hand.

 

[aug0211]

Here we go - link to another post with an editable copy of the spreadsheet, and some extra notes.

https://www.jlwranglerforums.com/forum/threads/march-lease-deals.4845/#post-103722

 

[BaldEagle]

Congratulations!

So if Rubicon is 55k do you know what payment should. Be around just read

 

[BaldEagle]

I hear you and may have been hasty in my response but if you can finance at 3.5% form72 or even 84 months and sell the car for anywhere near the estimated residual value you would be way ahead vs leasing.

So in your example financing for 84 months makes sense

 

[BaldEagle]

I hear you and may have been hasty in my response but if you can finance at 3.5% form72 or even 84 months and sell the car for anywhere near the estimated residual value you would be way ahead vs leasing.

Leese or finance on a 54k Rubicon what makes sense

 

[ThirtyOne]

Leese or finance on a 54k Rubicon what makes sense

Too many variables. Financially you will almost always be ahead of you finance. How long will you keep the jeep? What money do you have to put down? How many miles will you drive it? How much do you want to pay each month? How good is your credit? All these factors may influence your ultimate decision.

 

[BDJeep1]

One alternative it do a balloon auto loan. It is basically a loan that has lease like payments with a large balloon payment at the end. This can work well with a JL if it holds it's value like the JK has. And if you are planning to only keep your jeep for a few years. This doesn't have the lease acquisition/disposition fees and there are no mileage limits so you can conceivably mod your jeep also.

Ally offers this and some credit unions. I am Not advocating it but if used responsibly, it could be an alternative to a lease. And I don't know if there are extra fees. I have never done it. The Ally calculator will show the residual they use for their balloon loans: http://balloon.ally.com

 

[snelldogg]

One alternative it do a balloon auto loan. It is basically a loan that has lease like payments with a large balloon payment at the end. This can work well with a JL if it holds it's value like the JK has. And if you are planning to only keep your jeep for a few years. This doesn't have the lease acquisition/disposition fees and there are no mileage limits so you can conceivably mod your jeep also.

Ally offers this and some credit unions. I am Not advocating it but if used responsibly, it could be an alternative to a lease. And I don't know if there are extra fees. I have never done it. The Ally calculator will show the residual they use for their balloon loans: http://balloon.ally.com

Yes, Penfed has it too. Don't get caught with a big payment though after 5 years and not have the ability to pay it off.

 

[BDJeep1]

Yes, Penfed has it too. Don't get caught with a big payment though after 5 years and not have the ability to pay it off.

I agree. This probably can work well for a wrangler because they hold their values so well. I can imagine some people have gotten themselves in trouble using this on a car with poor resale value.

But if you are already considering a lease it would be worthwhile to do a side-by-side comparison of lease vs balloon.

 

[ThirtyOne]

Yes, Penfed has it too. Don't get caught with a big payment though after 5 years and not have the ability to pay it off.

I looked into PenFed on this. They don't do it on Wranglers.

 

[yongming]

I finally got jlu Sahara for $474/m.
36 months lease, $1250 down, dealer paid off my accord.

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