ThirtyOne
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- Apr 18, 2017
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- Chapel Hill, NC
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- www.jeepdoodles.com
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- 2021 JLU Rubicon, 2017 Chevy Tahoe
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I'm getting the feeling with the sticker shock some buyers may consider leasing for the first time.
This is NOT a "Is leasing good or bad?" thread. Please don't post opinions on that here.
This is a thread to explain some of the mechanics and quirks of leasing.
I can answer some questions like:
- Why is the lease payment less on a 4-door sport and than a 2-door sport?
- Why does it sometimes make sense to add options to your Wrangler to get the payment lower?
- How do I compare a lease deal to a loan deal?
- Is it possible to get a lower payment from a loan than a lease?
- Should I put money down on my lease?
- What is a good money factor for my Wrangler?
- The residual values are too low! Can I negotiate them?
- The residual values are too high! Should that scare me?
- My friend doesn't lease but he gets a new Wrangler every 18 months and his payments go down every time! How is that possible?!
Disclaimer: I am not a car financing professional. I am just old and have a lot of experience in car leasing and purchasing as a consumer. I have never leased a Wrangler though I did put a lease deal together a couple of years ago that I walked away from. Others may have more experience and they can weigh in. That would be great! I am hoping to learn something too before I make my final decision.
This is NOT a "Is leasing good or bad?" thread. Please don't post opinions on that here.
This is a thread to explain some of the mechanics and quirks of leasing.
I can answer some questions like:
- Why is the lease payment less on a 4-door sport and than a 2-door sport?
- Why does it sometimes make sense to add options to your Wrangler to get the payment lower?
- How do I compare a lease deal to a loan deal?
- Is it possible to get a lower payment from a loan than a lease?
- Should I put money down on my lease?
- What is a good money factor for my Wrangler?
- The residual values are too low! Can I negotiate them?
- The residual values are too high! Should that scare me?
- My friend doesn't lease but he gets a new Wrangler every 18 months and his payments go down every time! How is that possible?!
Disclaimer: I am not a car financing professional. I am just old and have a lot of experience in car leasing and purchasing as a consumer. I have never leased a Wrangler though I did put a lease deal together a couple of years ago that I walked away from. Others may have more experience and they can weigh in. That would be great! I am hoping to learn something too before I make my final decision.
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