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-   -   GC should I buy or return after lease? (http://www.jeepgarage.org/f73/gc-should-i-buy-or-return-after-lease-51626.html)

Breitling65 12-15-2012 10:20 AM

GC should I buy or return after lease?
 
In about 7 month my lease on my 2011 GC Laredo will be over. I am looking around and I can't find anything looking as great as my car and I need SUV with this size and abilities. Two things are stopping me to buy out this car is transmission and that I am loosing coolant level a little by the time. Transmission is jerking since day one and i believe everyone's here does. I added one canister of coolant since summer, which is not a lot but scary anyway. Should I fix it since car is on warranty and buy car out or just release to new or???

JFD328 12-15-2012 10:24 AM

Re: GC should I buy or return after lease?
 
I'd return it after the lease is over and then lease or purchase a MY14.

SnoFire 12-15-2012 10:31 AM

Re: GC should I buy or return after lease?
 
^^^ yep, what he said. Get a new 14 when you can..maybe a CRD

armoredsaint 12-15-2012 10:45 AM

Re: GC should I buy or return after lease?
 
return it for the 8 speed. i hate the tranny in my overland with a passion, what a pos.

JTS97Z28 12-15-2012 11:00 AM

Re: GC should I buy or return after lease?
 
I recently sold me 2012 Overland V6. And although we loved it, I simply lost interest in driving it. I couldn't stand the horrible shift points that just ruined the driving experience. I would consider getting another but it would be a 2014 with the new tranny that hopefully makes driving the Jeep more enjoyable. Not only that but I should have bought the V8.

As for leasing I have never done that. Is that beneficial for you instead of purchasing one? I wish I understood it better, but does that basically mean any money you have put into it so far has not gone to anything except to have it? And then your going to purchase it ontop of that? For people that would consider purchasing the vehicle after lease, I just don't understand how that can be smart financially, unless I'm missing something?!?

2012 Summit 12-15-2012 11:40 AM

Re: GC should I buy or return after lease?
 
Quote:

Originally Posted by JTS97Z28 (Post 724867)
I recently sold me 2012 Overland V6. And although we loved it, I simply lost interest in driving it. I couldn't stand the horrible shift points that just ruined the driving experience. I would consider getting another but it would be a 2014 with the new tranny that hopefully makes driving the Jeep more enjoyable. Not only that but I should have bought the V8.

As for leasing I have never done that. Is that beneficial for you instead of purchasing one? I wish I understood it better, but does that basically mean any money you have put into it so far has not gone to anything except to have it? And then your going to purchase it ontop of that? For people that would consider purchasing the vehicle after lease, I just don't understand how that can be smart financially, unless I'm missing something?!?

Personally, I never leased. Here is a brief comparison:

Advantages of Car Leasing. What are the benefits of leasing a car? Pros and cons?

Jim_in_PA 12-15-2012 12:05 PM

Re: GC should I buy or return after lease?
 
Quote:

Originally Posted by JFD328 (Post 724853)
I'd return it after the lease is over and then lease or purchase a MY14.

This, for sure...especially given you're experiencing "issues"...

GCOverland 12-15-2012 12:20 PM

Re: GC should I buy or return after lease?
 
Quote:

Originally Posted by JTS97Z28 (Post 724867)
Not only that but I should have bought the V8.

http://upload.wikimedia.org/wikipedi...able_juice.JPG

That would have been much cheaper, too..:D

Guess I had a clown for breakfast..

GCOverland 12-15-2012 12:21 PM

Re: GC should I buy or return after lease?
 
Quote:

Originally Posted by Breitling65 (Post 724852)
Should I fix it since car is on warranty and buy car out or just release to new or???

As long as it is under warranty, I don't see a reason why you shouldn't have it fixed. If you decide later on that you want to keep it, you'd be on the safe side.

FredoinSF 12-15-2012 01:55 PM

Re: GC should I buy or return after lease?
 
Have it fixed while it's under warranty and if it's fixed correctly, then keeping it becomes a viable option. If it's not fixed turn it in and start over with a new lease on a 2014 which will have the ZF 8 speed transmission. Every review of vehicles with that trans have positive comments about it. I think it's worth considering starting over just for the trans.

Jeff_Jeske 12-15-2012 03:29 PM

Re: GC should I buy or return after lease?
 
What is your residual?

Breitling65 12-15-2012 04:43 PM

Re: GC should I buy or return after lease?
 
Quote:

Originally Posted by armoredsaint (Post 724861)
return it for the 8 speed. i hate the tranny in my overland with a passion, what a pos.


Honestly I would buy it after lease if not these two issues. Car in general is made very well in all other aspects besides tranny. Question is, how good 8 speed would be? It might jerk same way just more often ... :)

---------- Post added at 04:37 PM ---------- Previous post was at 04:36 PM ----------

Quote:

Originally Posted by jeff_jeske (Post 724953)
what is your residual?

$19k

---------- Post added at 04:43 PM ---------- Previous post was at 04:37 PM ----------

Quote:

Originally Posted by JTS97Z28 (Post 724867)
I recently sold me 2012 Overland V6. And although we loved it, I simply lost interest in driving it. I couldn't stand the horrible shift points that just ruined the driving experience. I would consider getting another but it would be a 2014 with the new tranny that hopefully makes driving the Jeep more enjoyable. Not only that but I should have bought the V8.

As for leasing I have never done that. Is that beneficial for you instead of purchasing one? I wish I understood it better, but does that basically mean any money you have put into it so far has not gone to anything except to have it? And then your going to purchase it ontop of that? For people that would consider purchasing the vehicle after lease, I just don't understand how that can be smart financially, unless I'm missing something?!?


Leasing in one hand pretty bad option, however in another I like to have option to return problematic car without worry of fixing it after lease is over. And if you like this car you could finance remained portion. Also, I have 2 other cars I have to pay for and lease payments are slightly lower than finance would be.


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