Leasing a Jeep Gladiator

[steffen707]

I'm hoping to get the Rubicon for around $450 a month so let's hope the Sport S isn't that high...

$450 a month? On a lease or buying? How many options?

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[Pbmax]

$450 a month? On a lease or buying? How many options?

I can provide some perspective based on my Gladiator order.

Msrp was $60,670. I negotiated 5% under invoice so my purchase price is $54,077 + tax 6% and tags out the door is approx $57,500. Payments for 60 months and 7500 down are still north of $800 per month.

The lease I had the dealership work out based on US Bank lease program was broken out like this.
$54,077 was the negotiated price+ acquisition fee,+ tags and doc fee the new adjusted cap cost was approx $54,800.
39mo lease, 12k miles a year and only first payment down the payment including monthly tax of 9% is $599 per month. If I put down $3k the payment drops to $515 per month.
Buyout at the end of the lease is $33k.

 

[steffen707]

I can provide some perspective based on my Gladiator order.

Msrp was $60,670. I negotiated 5% under invoice so my purchase price is $54,077 + tax 6% and tags out the door is approx $57,500. Payments for 60 months and 7500 down are still north of $800 per month.

The lease I had the dealership work out based on US Bank lease program was broken out like this.
$54,077 was the negotiated price+ acquisition fee,+ tags and doc fee the new adjusted cap cost was approx $54,800.
39mo lease, 12k miles a year and only first payment down the payment including monthly tax of 9% is $599 per month. If I put down $3k the payment drops to $515 per month.
Buyout at the end of the lease is $33k.

that sounds more like it, no idea how @Choj will get a Rubicon for $450 / month......lol

 

[steffen707]

I find it frustrating that Jeep put out a Lease for like $143 ON on their site (https://www.motortrend.com/news/2020-jeep-gladiator-offering-really-good-lease-deal/), then changed it, and now just removed the lease info altogether.

Is this their first Rodeo, or are they just trying to grow hype and BAIT AND SWITCH US, @JeepCares?

 

[Blown7]

I find it frustrating that Jeep put out a Lease for like $143 ON on their site (https://www.motortrend.com/news/2020-jeep-gladiator-offering-really-good-lease-deal/), then changed it, and now just removed the lease info altogether.

Is this their first Rodeo, or are they just trying to grow hype and BAIT AND SWITCH US, @JeepCares?

Any person who does quick math can figure $143 is a pittance against a $50K vehicle.

 

[RIPLER]

On a Rubicon with a MSRP of 61,770.00 I was quoted 797.00 per month for 48 months, 12,000 mile lease with no money down, but that was on full MSRP because they aren't discounting. I wouldn't do a 48 month lease either, so I think they were just trying to get the payment lower.

@Pbmax I'm in PA also can I ask where you bought your JT, thanks.

 

[steffen707]

Any person who does quick math can figure $143 is a pittance against a $50K vehicle.

Yep, and that's where the term bait and switch applies.

 

[RedTRex]

I find it frustrating that Jeep put out a Lease for like $143 ON on their site (https://www.motortrend.com/news/2020-jeep-gladiator-offering-really-good-lease-deal/), then changed it, and now just removed the lease info altogether.

Is this their first Rodeo, or are they just trying to grow hype and BAIT AND SWITCH US, @JeepCares?

I vote "first Rodeo"

 

[ZEN357]

Right, which is why I said that if you KNOW that you're going to keep the vehicle for 15, 20, 30 years then it makes better sense to "buy" it. But, how many people keep a vehicle until it literally falls apart? Very very few. And, leasing is NOT like renting. When you rent, your payments don't go toward ownership of anything. When you lease a vehicle, every payment you make does advance the total principle downward so that you are getting closer to ownership with each month that goes by.

I keep my vehicles until they fall apart. I had a 2003 Caravan I used for work and literally put 270,000 miles on it until the front end just rusted out on it. It still ran great though. I sold it to a junkyard for $100. I think I got my money's worth out of it.

 

[steffen707]

I keep my vehicles until they fall apart. I had a 2003 Caravan I used for work and literally put 270,000 miles on it until the front end just rusted out on it. It still ran great though. I sold it to a junkyard for $100. I think I got my money's worth out of it.

My dad's 1996 gmc Safari bumper rusted off. The radiator support was holding everything up, just clicked over 400,000. My 08 caravan only has 235k, I'm giving it to my dad when I get my JT. It should make it to 270k

 

[RedTRex]

My dad's 1996 gmc Safari bumper rusted off. The radiator support was holding everything up, just clicked over 400,000. My 08 caravan only has 235k, I'm giving it to my dad when I get my JT. It should make it to 270k

Holy crap, good thing he (or anyone else driving) never needed that bumper

 

[steffen707]

Holy crap, good thing he (or anyone else driving) never needed that bumper

Lol, we discovered the problem because his brakes stopped working, because the lines rusted through. While replacing the lines they discovered the bumper,yep 400,000 it was on its second motor. Had a rebuilt jasper engine installed when the headgasket blew in Pittsburg.

He also had an 83 Chevy beauville van that got to 350,000. That had an engine rebuild at 100,000. Mechanic forgot to put radiator cap back on and apparently sucked coolant into the motor. The shop stood by their work and replaced it for free. I miss big red. Probably why I'm partial to vans.

I think this was the color scheme.

 

[chr15m]

I found the lease page on the site, I found it under the specs page. It doesnt allow you to figure a lease based off custom options though, only set MSRPs that likely apply to the base MT model for each trim.

Either way, with no down and no pricing adjustment (like the under invoice offers we see here) the prices for 36/mo 12k are:
Sport $306
Sport S $397
Overland $489
Rubicon $525

Based off their site a Rubicon MT base with no options could be had at ~$383 a month if you could get it at 6% under invoice.
A super base Sport MT @ 6% under is about $200 a month.

https://www.jeep.com/payment-calculator.gladiator.2020.html?ccode=CUJ202011JTJL98A

 

[steffen707]

I found the lease page on the site, I found it under the specs page. It doesnt allow you to figure a lease based off custom options though, only set MSRPs that likely apply to the base MT model for each trim.

Either way, with no down and no pricing adjustment (like the under invoice offers we see here) the prices for 36/mo 12k are:
Sport $306
Sport S $397
Overland $489
Rubicon $525

Based off their site a Rubicon MT base with no options could be had at ~$383 a month if you could get it at 6% under invoice.
A super base Sport MT @ 6% under is about $200 a month.

https://www.jeep.com/payment-calculator.gladiator.2020.html?ccode=CUJ202011JTJL98A

what's a super base sport?

you mean just really basic, no options?

 

[chr15m]

Yeah, that was my terms for a Sport with MT, no packages, no anything.

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