Leasing a used Wrangler Unlimited

dmoulton600

Hi - wondering if the above is a good idea. I really want this car but (correct me if I'm wrong) it seems the only way to reach my desired $250-$300/month payment on this car (automatic transmission) is by going used. I know there is an extremely high residual value on wranglers. Does this come into play at all? What factors do I need to consider?

THANKS!!!

Michaell

dmoulton600 said:

Hi - wondering if the above is a good idea. I really want this car but (correct me if I'm wrong) it seems the only way to reach my desired $250-$300/month payment on this car (automatic transmission) is by going used. I know there is an extremely high residual value on wranglers. Does this come into play at all? What factors do I need to consider?

THANKS!!!

There isn't a lot of information about used car leases, though both Lexus and BMW have recently introduced programs to lease CPO vehicles.

The problem is in determining residual value of a used car. How much more is it going to depreciate during the lease term?

kyfdx

dmoulton600 said:

Hi - wondering if the above is a good idea. I really want this car but (correct me if I'm wrong) it seems the only way to reach my desired $250-$300/month payment on this car (automatic transmission) is by going used. I know there is an extremely high residual value on wranglers. Does this come into play at all? What factors do I need to consider?

THANKS!!!

You'll never lease an Unlimited for that payment, new or used. The math is never going to work.