The lease on my ‘23 Jeep Grand Cherokee is up in April and we are maybe thinking about keeping/buying the car but it’s pretty upside-down. My lease buyout is like ~42k and current value is closer to 33-34k. I read that sometimes you can like negotiate the buyout or do something with the dealership to be able to purchase lower, is that true? If I could get it for around 33-35k I would probably consider buying especially since my kids love the car.
Only way around this is ask dealer to step in and buy it and sell it to you for their cost plus fees. Very slight chance they will do this unless you really have it good with them.
Ah, we just moved here so I have no affiliation with any dealerships around here 
Oh cool, thank you!
Does this usually happen on all Jeeps, or just the Wrangler 4XE?
its happened to me on 2 upside down stellantis 4xe but just recently.
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This is the only Jeep I kept till the end so idk the answer to that question 
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Is Stellantis the only manufacturer (captive bank) that makes these below residual value offers?
Asking for a friend with a Volvo lease ending soon.
It is not only Stellantis, but also they do it only for some PHEV models/trims (4xe) due to horrible real market value.
NIssan did or still doing similar thing but for Ariya EV only.
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I think that low value and the current offer is because they have decided to stop making these 4xe vehicles. OP, if you buy it, prepare for an even bigger depreciation hit. It might be better to just buy a used gas Jeep if yours is a 4xe.