Hi all,
I put a contract on a Jeep Wrangler rubicon with skytop and matching fenders back in February and I thought I was getting a great deal.
Well since the money factor and residuals have changed now that the vehicle is at the dealer I have a decision to make.
Background: I own a 2013 accord outright that Carmax offered me $7000 for.
On the jeep deal:
Previous MF: .00112 current MF: .00205
Previous residual: 65% current residual 63%
36 months, 10k miles
See attached for new offer. What would you do? I see my options as:
- Pick one of those down and monthly options (and sell accord) - is one combo of down and monthly better than another?
- Do the lease deal but sell it right away and continue driving the accord. How much would I make (or not lose?) I’m not certain on how to calculate this
- Forget the deal, continue driving the accord for the foreseeable future (sad face)
- Ask about a one-pay lease? Not sure how much that would cost and if it’s recommended
- Purchase jeep or do something else I haven’t thought about?
What would you do?
Total newbie to leasing. Appreciate any and all guidance this community can provide. Thank you.
