2017 Jeep Cherokee lease deal
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kyfdx Moderator Posts: 227,842
It's hard to know, without knowing the negative equity on the Compass. I agree with the dealer. 24,000 extra miles on the Compass was going to kill you at lease end.fernie27 said:Hi there.
I keep asking myself if I'm paying way too much for my lease.
Here's the story: I had a jeep compass with 16 months to go on the lease. I was at 36 k miles and has 0 miles left. That's when I started looking to get out of the lease earlier. I had about 5,600 dollars left to pay in that car.
When I went to the jeep dealer they said best way to go was to lease a new car (of course) otherwise I'd owe a lot for over mileage. (Which is true, I do about 1500 miles a month) anyways I picked a car I liked: 2017 cherokee latitude with sticker price of 37,000. (Sounds high but has a couple cool features) I gave 1,500 down and leased for 48 months.
My payment is 520 a month. Is that really bad ???
But, my question is this. If you do 1500 miles per month, won't you go over mileage on this lease, as well?Edmunds Price Checker
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MSRP$32,365 Sale Price$23,278
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