Owning a Jeep Wrangler is an ultimate dream for anyone, but not all can have the chance to have it due to financial constraints. However, there are other ways to experience what it takes to use and experience driving a Jeep Wrangler without owning it.
Leasing a Jeep is an excellent option where someone can enter into a long-term rental agreement with the vehicle. But how much does it cost to lease a Jeep? Let us find in this article the cost and other related information related to leasing a Jeep Wrangler.
Table of Contents
How Much is it to Lease a Jeep Wrangler?
In the table below, True car Incorporated, an automotive pricing and information website, provides an idea of how much it costs to lease a Jeep Wrangler in 2021. The table indicates different lease options and packages for anyone to lease a Jeep Wrangler. Please see below:
Jeep Wrangler Lease Options
|Miles Per Year||24 Months||36 Months||48 Months|
|10,000||$548 per month||$425 per month||$320 per month|
|12,000||$561 per month||$433 per month||$326 per month|
|15,000||$573 per month||$449 per month||$345 per month|
|18,000||$623 per month||$497 per month||$393 per month|
The table above gives you a clearer idea of how much to lease a Jeep Wrangler. The table indicates that you can lease a Jeep for as low as $320 every month for a 4-year term for a 10,000 limit. This amount is very affordable for average income earners.
As per the website, the average lease payment for a 3-years leasing term agreement is $433 per month, with a $2,000 due during the signing. For a 2-years agreement, the average cost is $561 monthly, while it’s $321 for a 4-year leasing plan.
You should also note that there are other incentives and benefits you will get in leasing the vehicle. This situation is why the leasing cost varies monthly from month to month and the length of the lease.
Is it Worth Leasing A Jeep Wrangler?
Owning a Jeep Wrangler is still the best option should you want to maximize this vehicle’s features and functionalities. But if you find the Jeep very expensive, then leasing it for a certain period is the best way to use the vehicle, albeit in a limited capacity.
Speaking of being limited, when leasing a Jeep, most dealerships will give you the amount of miles allowed per year. The least is 10 thousand miles, as indicated in the table above, which means if you like to have longer trips, this option will not be enough for you.
If you are someone who likes to go off-road a lot, leasing a Jeep is not advisable for this particular lifestyle. During the duration of the lease agreement, it is a must for you to maintain the interior and exterior parts of the vehicle.
Unfortunately, trying to bring your lease vehicle off-road will increase the vehicle’s chance of being damaged. And this will not get any good to you because you will probably pay more to fix damaged parts from the off-road adventures.
Other Factors to Consider
The ability to be modified is also another feature that a Jeep Wrangler brings to you. However, if you are leasing the vehicle, modifications are prohibited in all forms. This situation is comparable when you rent a place where cleaning and maintenance are only allowed but changing anything is strictly prohibited.
Leasing a Jeep also means saying yes to the vehicle’s regular maintenance. Part of the lease agreement is to return the vehicle in good condition once the agreement ends. This situation only means that you must regularly take the vehicle for a maintenance checkup to keep it in tip-top condition. It also means additional expenses for you.
Another factor you might look up is your current financial situation. Based on the figures stated in the table, leasing a Jeep is cheaper than buying it. Indeed, buying a Jeep Wrangler is most costly, but in the long run, you may find it economical once you paid it in full.
For me, leasing is an excellent alternative if you want to use a Jeep Wrangler but do not have the cash flow to pay for a huge monthly installment bill. Leasing the vehicle will allow you to have a small monthly payment for a specific period.
Pros and Cons of Leasing a Jeep
Leasing a Jeep Wrangler is becoming a popular option, but there are upsides and downsides that come with it. For its benefits, leasing will only require you to pay a smaller amount for each mount than buying the vehicle.
Leasing is also a temporary option and does not need a long-term commitment. Meaning, if you only want to drive the vehicle for a specific period, then leasing the Jeep is an excellent option to have.
However, the downside of it is the limitation in giving to you on the usage of the vehicle. You must keep the vehicle in shape throughout the duration of the agreement, which means it is unlikely that you can take the vehicle for off-road driving.
Leasing the Jeep will also limit your capability to do long-distance driving. There is a certain limitation of mileage per year depending on the leasing agreement you will take. Since it is also temporary, it can be difficult once the agreement ends, especially if you happen to love the vehicle.
If you are planning to lease a Jeep Wrangler, knowing how much does it cost to lease a Jeep is essential for you to analyze if it is worth it. Leasing is an excellent option if you want to use the Jeep Wrangler in a limited capacity. There are advantages and disadvantages in leasing a vehicle that you need to examine carefully before doing it.