Hi all-any input on this, I’ve never heard of such a long lease, what do you think?
MSRP 51,500 Gross Cap 52,865 on a 57 mo lease/10k 557down/ 557/mo. including tax. mf (rate) 4.85.
Adj residual 33,468
This sounds absolutely horrible. Why would you do such a thing?
You might’ve been punked, 57 month lease with a 63% residual after 5 years?
Posted by a new user?
I recall seeing a credit union doing ridiculously long leases like this on the wrangler recently
Not the length…the RV
Jeep has a 3 year warranty.
Yes, the credit union had ridiculously high RVs as well
Well dang…just dang…jeeps out of warranty seem to hold their value…if they don’t get the death wobble.
Lol. Exactly what I thought! I entered the figures into the calculator just to see how it would do & it gave an 8.2 which I thought would be far worse.
This tells you nothing.
Must be a slow day for them.
And that rate isn’t set by the dealer, so I’m not sure what to think, I got stuck on the 57 months.
I’m seeing 65% RV here. (33468/51500)
Did you even ask about other terms? I’d like to know the 48-mo RV. Gotta be at least 70%, no? And what about 36? 80%?
That’s what I just learned! But 8.2 almost made it seem like a reasonable idea on a scale to 10.
@Qbrozen — you’re right, it was 65 & I was quoted $629/mo on 48 w 10k.
(New here, I’ll have to learn how to post directly to responses).
But its not on a scale of 1 to 10
Why not get a 4xe rubicon and be in the <$450/mo range for a 36/10?
Yes, just being wise. I want want want it-but not THAT bad!
@mllcb42 You won’t believe this, but I didn’t look at them bc I thought they were higher cost, lol. I want a 2 door w body colored fenders and roof and they are hard to come by without ordering, but suddenly the wait for the order seems okay. On a build I got it down to aprx $47k but maybe I should look again.
If you want a 2 door, youre more limited in options. No 4xe and lease programs in general arent as good.
Just take the Wrangler to Vegas and get married with it.