Looking for input on this lease. I have only leased once before (current vehicle’19 GC) and ended up buying it at the end (financed) I owe 13k. Currently with 68k miles.
I rented a 4xe Rubicon last week and put 1400 miles on it and had blast. I know there are considerable rebates right now on EVs.
My location is Massachusetts. Dealer is in RI. 2024 Rubicon 4xe. Cold weather group, dual top.
The challenge that OP will have is dealing with out of state dealerships like Ourisman, etc as a Massachusetts resident. (Edit: Maybe that’s not the case anymore? It looks like there’s some kind of temp tag program in MA now) Maybe @Bostoncarconcierge could be of assistance? Regardless, please do not put down 10k on anything you may lease now or in the future.
MY23 is where it’s at for the wrangler 4xe’s (currently). They’re incentivized…or at least they still were for this month. ‘24’s are stupid expensive and not worth it imo.
No temp tags in MA. If you go with Mitch he can get one off the lot and save you about 7k off this deal. Probably 3 weeks until you have plates and $3-400 to ship it.
If you want easy and plates right away, maybe a little lower discount, go with @Bostoncarconcierge
Went to another dealer. 23’ rubi. Actually like the look better than the 24.( color combo matches our Benz)
I just hate the idea of a payment any higher than $600. I know down payments don’t make sense on the leases though. I’d be getting a check back from my trade that would be enough to pay off my remaining student loans leaving me 100% debt free minus the vehicle. (Paid off house last year)
Leasing may benefit me more from my side hustle (1099)
Money factor was better. It’s through a bank I’ve never heard of (stellantis)
I fairly confident it would be purchased at the end.
Is the interest rate on the student loans higher than 5%? If so, pay them off with the money from the trade and keep as much cash as you can. Put down $3K toward the lease and end up with a payment close to $600. Invest the cash in a high yield saving account or CD.
