Wrangler Sport S Lease questions

yorkchiefsyorkchiefs HarrisburgMember Posts: 1
edited June 2020 in Jeep
So we go to our Local Jeep dealership tonight and we would be trading in a vehicle that we would need to rollover 4K over to the new jeep lease payment. So the sales person comes back out and between the jeep cost and the trade in it was like 41K and they said it be $881 for a 36 month lease, Why would they have done this. My guess is they messed up and put the 41K as financing and only 36 finance options not the lease option. Does this sound right? Wouldnt we only be leasing the difference of what it would be worth after the 3 years plus the 4K. This was also with a credit rating of 706.

Comments

  • MichaellMichaell ColoradoModerator Posts: 193,325

    So we go to our Local Jeep dealership tonight and we would be trading in a vehicle that we would need to rollover 4K over to the new jeep lease payment. So the sales person comes back out and between the jeep cost and the trade in it was like 41K and they said it be $881 for a 36 month lease, Why would they have done this. My guess is they messed up and put the 41K as financing and only 36 finance options not the lease option. Does this sound right? Wouldnt we only be leasing the difference of what it would be worth after the 3 years plus the 4K. This was also with a credit rating of 706.

    Hard to really comment without all the numbers.

    MSRP?
    Selling price?
    Adjusted cap cost, with all taxes and fees?
    ZIP code?

    $4K of negative equity will add $120/mo to any lease payment.

    You'd be amazed what dealers try to get away with.

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