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Old 11-04-2010, 09:22 PM
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Leasing....

Does Jeep offer a 24 month lease or anything shorter than 36 months?
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Old 11-04-2010, 09:24 PM
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Re: Leasing....

Sure they can customize the lease anyway you want it.
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Old 11-04-2010, 09:35 PM
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Re: Leasing....

Ah, I see. I'll ask the dealer...but id assume the 24 month will be quite a bit more....
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Old 11-04-2010, 09:36 PM
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Re: Leasing....

Yes, 30 months use to be the sweet spot. Its been a long time since I have looked at leases.
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Old 11-04-2010, 11:17 PM
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Re: Leasing....

39 months is now the sweet spot..... sigh
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Old 11-05-2010, 12:15 AM
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Re: Leasing....

Don't do it. Buy the Jeep.

Leasing is.... leasing is..... not cool.
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Old 11-05-2010, 07:00 AM
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Re: Leasing....

Leasing a Jeep doesn't make financial sense anymore since Chrysler Financial stopped originating new deals. Your payment will be close to or more than it would be if you purchased it.
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Old 11-05-2010, 07:35 AM
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Re: Leasing....

Quote:
Originally Posted by Marlon_JB2 View Post
Don't do it. Buy the Jeep.

Leasing is.... leasing is..... not cool.
x2
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Old 11-05-2010, 07:40 AM
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Re: Leasing....

Quote:
Originally Posted by jimoverland View Post
Leasing a Jeep doesn't make financial sense anymore since Chrysler Financial stopped originating new deals. Your payment will be close to or more than it would be if you purchased it.
X 1000000000000000000
Totally agree.
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Old 11-05-2010, 07:45 AM
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Re: Leasing....

I like to get new cars every 3 years, so I haven't EVER bought a car. I'm considering it here, but I know that in 2-3 years i'm going to get ansolutely crushed when I go to trade it in...thats what stops me
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Old 11-05-2010, 08:00 AM
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Re: Leasing....

Quote:
Originally Posted by morecowbell View Post
I like to get new cars every 3 years, so I haven't EVER bought a car. I'm considering it here, but I know that in 2-3 years i'm going to get ansolutely crushed when I go to trade it in...thats what stops me
I'm the same way and leases have traditionally met my needs and provided a lower payment (since I was gaining no equity). But this time the lease deals are not favorable from a payment stand point, so it makes more sense to buy and get the equity.

The payoff value on the lease I had on my 07 Overland was 20k - the market value was +/-26k due to its condition and low miles (~32k).

All things being equal, I should be in a positive equity situation after my typical 3 year hold.

And remember, you can afford to take a bit of an equity loss on a trade-in since it will be offset with the taxable basis reduction afforded by trading-in.
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Old 11-05-2010, 08:22 AM
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Re: Leasing....

I am definitely paying a lot more for my Laredo X lease than I did for my 06 limited...but the world is a different place now, lol. I knew going in I'd be paying more, but I am in a similar boat - I like a new car every few years. But, and this is a big but, the lease is a business expense for me, so the tax write off makes it worth it.
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