Thanks for the input all, enjoying the back and forth. I knew going in that I was going to get hosed on a lease, based on everything I’ve been reading about the shortages and on here for the last couple of months, but we had a Traverse with a lease ending in August that my wife really didn’t like (and that had some electrical issues) so we didn’t want to extend/buy. We had always liked the Grand Cherokee, but had mostly ruled it out as an option since we really wanted the third row (two kids), so we were thrilled when the GCL came out.
At my local Jeep dealership I initially got a quote on the same MSRP Jeep GCL for $729 per month with the same DAS. Even the salesman said “don’t get this car at this price” on that one. So I had been looking around for the better part of a month for a better deal, hoping some incentives would come in. I spoke with a couple of brokers from this site, but the best they could do was $668 per month, same DAS, on the same model (but without the panoramic sunroof (which honestly wasn’t at all a dealbreaker for us). Only problem is that it was going to be 5-10 weeks on an order.
Finally got in touch with the manager at a dealership that knows a friend of mine and got this price. As someone mentioned, $637 per month is a hell of a lot for a Jeep, but my wife absolutely loved it and my kids were thrilled too. So I was comfortable knowing I was overpaying here, but I still wanted to make the best deal I could on the lease (if that makes sense).
As for the car itself, we absolutely love it. Even the kids are ecstatic, and I have my 6 year old asking if he can go along with me when I run errands “as long as we take the new car.” It is very luxurious on the inside and it rides great. Still breaking it in, obviously, but I haven’t noticed any issues with wind noise yet. Will post some pics of the inside later today.
Here are a few interior pics - sorry for the poor quality, I’m a shitty photographer (and from the fingerprints on the touch screen you can see I’m telling the truth about the kids being all over it!).
That absolutely makes sense. You researched things out, knew what you were getting into, were comfortable enough with it, so all is good. So the naysayers that might poo poo it saying “I can’t believe you’re paying $725 a month for this car”, can just keep quiet😜
Stellantis has stepped up their game. I shudder to think what the leases will look like but the Grand Wagoneer is absolutely gorgeous on the inside. They hit it out of the park.
Honestly it’s my first lease deal, I have always financed. This lease deal was almost $100/mo less than my finance offer. I believe the tax up front was to lower the monthly. I haven’t signed the deal yet, that’s why I’m here.
You can’t compare lease payment vs. finance. And $100 less than finance only? For which duration?
You paying effectively $806 per month. The market sucks right now so your call if you think this is worth it.
So after 48 months you will have paid $38,701 and have no vehicle, which is the main difference between a lease and purchase… and 4 years with the same car? Might as well just buy it as you will probably have to do brakes,tires etc anyway to then return it.
