Here's the thing with a lease, and there's a LOT of misinformation circulating - and I've done the math, owned 20+ vehicles over a few decades through multiple mechanisms, so there's not anything I haven't accounted for (people always try to BUT BUT WHAT ABOUT ... :D )It has been a long time since I looked at what leasing is all about, but it always sounded like leasing was a terrible idea. Have things changed?
Right, I was saying there's a $3750 available to everyone as a tax credit regardless of how you make the purchase. The Feds basically have $3750 for EV + another $3750 based on how the battery is sourced/built (country of origin for raw materials, etc.)I got $7500 on the lease
Amen. If you can pay cash(ie. 0 interest), drive it for 10 years and not put any major maintenance into it, love it on that 3650th day like you did the 1st......then, you win. Otherwise, I'm a lease guy for the reasons MaskedRacer mentioned.What you're doing is paying for the depreciation. I hear people say, "It's 'renting' you have no equity when you return it" - but that also implies no loss of value, i.e., it's not like you buy a $60K vehicle, pay for it for 36 months, and all those payments are equity, it's still value at 36 months vs. money paid against the loan (assuming no cash buys, which are usually not a great idea on a depreciating asset).
May I ask, how did you manage such a huge discount? That is huge! Congrats .In my particular case I ended up leasing with over $18k discounted from MSRP. I couldnt have gotten that discount if I bought it, as I wasnt eligible for $7500 via purchase, only through lease.
There is no way the MY24 that I would have ordered now would end up with a discount of over 25% off of MSRP.
I now have a pretty low monthly lease rate and a fair buyout in 36 months. Alternatively I can buy it in a month from now from the leasing company. I should add that the money factor equates to an interest in the 4's. This was a win/win as far as I see it.
Reach out to @Mitch@OurismanClarksville - firstly his pricing is already a decent discount, then factor in the $7500 4xe incentive (lease only), I'm a Tread Lightly affiliate, and I also qualified for a First Responder Discount plus a $1000 off coupon from Chrysler that somehow magically appeared in my email box (dont remember what I did to get that). I do own 3 other jeeps and I have been surfing the Jeep website for the past 5-6 weeks.May I ask, how did you manage such a huge discount? That is huge! Congrats .
Sounds like the stars were all aligned. Great job! thxReach out to @Mitch@OurismanClarksville - firstly his pricing is already a decent discount, then factor in the $7500 4xe incentive (lease only), I'm a Tread Lightly affiliate, and I also qualified for a First Responder Discount plus a $1000 off coupon from Chrysler that somehow magically appeared in my email box (dont remember what I did to get that). I do own 3 other jeeps and I have been surfing the Jeep website for the past 5-6 weeks.
Good luck
Reach out to @Mitch@OurismanClarksville - firstly his pricing is already a decent discount, then factor in the $7500 4xe incentive (lease only), I'm a Tread Lightly affiliate, and I also qualified for a First Responder Discount plus a $1000 off coupon from Chrysler that somehow magically appeared in my email box (dont remember what I did to get that). I do own 3 other jeeps and I have been surfing the Jeep website for the past 5-6 weeks.
Good luck
Yeah, if I was in the market now / it was our first 4xe, that deal would have very likely superseded the new '24 features.In my particular case I ended up leasing with over $18k discounted from MSRP. I couldnt have gotten that discount if I bought it, as I wasnt eligible for $7500 via purchase, only through lease.
There is no way the MY24 that I would have ordered now would end up with a discount of over 25% off of MSRP.
I now have a pretty low monthly lease rate and a fair buyout in 36 months. Alternatively I can buy it in a month from now from the leasing company. I should add that the money factor equates to an interest in the 4's. This was a win/win as far as I see it.