Hi all, appreciate your help with this! Unfortunately just learned about this site a couple days ago so couldn’t educate myself as thoroughly as I’d have liked and needed to get a vehicle.
Signed a deal yesterday but have the option to back out as financing needed year end financial statements at the last second. Can’t get them till Monday so taking this as an opportunity to get feedback from more seasoned lease experts to see if I should back out and renegotiate.
Jeep Wrangler Rubicon X 4xe
MSRP: $73470
Agreed upon value: $69020
$7500 EV Rebate
$5500 Lease incentives
Business Lease MF: .00339
No money out of pocket
Acq Fee: $995
Signed Optional Maintenance Contract and Windshield Protection totaling $3220
$999/mo payment
Plan is to buy out in 3 months and hold. Friend who’s purchased 3 of these said she bought out in 1 month. Dealer requested I wait 3 months otherwise he eats the $13k in rebates. Not sure how that would be true but throwing it out here for info.
Again, went into this not knowing as much as I’d have liked so I’m fine with taking a verbal beating here. Thank you sir, may I have another!
Whether you are new to leasing or not, you should have run away when you saw charges for these:
-4 additional gallons of gas: $14.00
-Fuel Fill/Battery Charge: $85.00
Need the TDM $1k incentive as well, and dump the maintenance and windshield garbage.
The discount from MSRP (pre-incentive) is way too little. Contact the Jeep brokers on here and get a much better deal - with free gas and a battery charge.
Haha, yes, agree. I was telling my wife afterwards that I didn’t realize how bad I needed glasses. I literally could not see that when they set it in front of me. I’m sure it was the bad lighting.
At even a modest 10% discount (13%-ish with a broker and some dealers might go higher just to move a unit), with no garbage add-ons and no DAS with $0 down you should be at around $700 per month based upon your deal sheet and numbers. Look at the calculator here and save yourself $300 per month:
That sheet looks like the invoice for the vehicle which does include those charges to the dealer. That part isnt actually the dealer pulling a fast one.
Why is the maintenance and windshield considered not worth having? Never had a Jeep before but had a friend with an FJ Cruiser and the vertical windshield seemed to get busted left and right.
I’ll have to double check my insurance but now that you mention it, I may have the same. As for maintenance, good point.
Considering I’ll be buying this or another lease out in a few months after purchase, this would still be considered a poor deal due to not enough off the sticker. Anyone have any thoughts on why the dealer was asking me to wait 3 months before buyout?
They didn’t mention the first few oil changes being comped. We were discussing the 30k service. Now that I look at it, it doesn’t seem like a wise choice.