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DallasSteve's avatar
DallasSteve
Nomad II
Apr 16, 2020

In What World Does Jeep Live?

Here in my world everything is in crisis, especially the economy. My plan was to get a vehicle to tow behind my motorhome. I want a Jeep Wrangler so I can flat tow it and take it off road. I know that Jeeps are more expensive than most comparable cars. I know they hold their value well.

About 3 months ago I looked at their website and they were offering a 36 month lease on the 4-dooor Wrangler for $229 per month with about $4,000 down. That was a pretty good deal, but I wasn't ready to lease yet. That was before the world turned upside down. I thought now the lease deal would be around $199 per month with so many people losing their jobs and the interest rate down to zero. I looked about 2 weeks ago and the deal had gone up to $249 per month with $4,000 down. Today they have gone up to $254 per month with $4,000 down.

I know this is a free enterprise economy and they can charge whatever they want. More power to them. I just want to know where they are living so I can move there and get out of this economic crisis. I can't believe they can sell/lease more than 2 or 3 of those toys in this world of the Corona panic.

17 Replies

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  • Y-Guy's avatar
    Y-Guy
    Moderator
    Apr 17, 2020
    As mentioned leasing & off-roading is a bad idea.
    I'm not sure how they would feel about adding a flat tow kit either.
    I'd start watching the used market, or look at deals to purchase.
  • DownTheAvenue's avatar
    DownTheAvenue
    Explorer
    Apr 17, 2020
    There are very few times when leasing a vehicle makes any sense. Leasing a vehicle to use for recreational towing and off roading is at the top of the list for no sense whatsoever. The OP should find a nice used vehicle and then adapt it for towing.

    Taking a new vehicle and adapting it for towing costs thousands of dollars, and then removing the equipment will cost that same amount. It will equate to about $100 a month over a 36 month lease. That will be on top of the initial payment at the beginning of the lease and the monthly lease payment.

    Using the OP's best lease offer of $4000 initial payment equals $111 per month, the monthly lease payment of $229 is now $340 per month. Add the $100 monthly for adding and removing towing equipment, you are now at $440 a month. At the end of his 36 month lease, he will have thrown $15840 away!
  • mowermech's avatar
    mowermech
    Explorer
    Apr 17, 2020
    Wait. You want to lease a vehicle, then modify it for towing, and go off-roading with it (Perhaps Poison Spider Mesa or Metal Masher near Moab, UT)?
    That just doesn't seem like a good idea to me. I would buy a good used Jeep, then make whatever modifications I want (limited only by my budget). Not having to worry about what the real owner thinks is a real plus, IMO.
    I am very happy with my 2005 Wrangler Unlimited.
  • rr2254545's avatar
    rr2254545
    Explorer
    Apr 17, 2020
    Also the lease conditions would prohibit you from making alterations to the car IE base plate - you would pay dearly at the end of the lease
  • dodge_guy's avatar
    dodge_guy
    Explorer II
    Apr 17, 2020
    Hate to say it, but you should’ve leased when it was a good deal. However that will bite you in the backside. You will have to pay for damage and it will be damaged underneath.

    They have very good deals on buying right now!
  • valhalla360's avatar
    valhalla360
    Navigator
    Apr 17, 2020
    midnightsadie wrote:
    your going to lease a jeep to go off roading?


    That was also my first thought but....

    Might be a supply problem. Are the Jeep plants still producing? If there are no new Jeeps coming out, there is a limited supply, so that may be offsetting the effects of reduced demand.

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