Good Sam Club Open Roads Forum: In What World Does Jeep Live?
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 > In What World Does Jeep Live?

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bgum

South Louisiana

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Posted: 04/17/20 09:16am Link  |  Quote  |  Print  |  Notify Moderator

It appears that you are out of step with your world. We recently purchased a jeep Rubicon and while it is the most expensive of the Jeep line it will hold its value very well. There is off roads and off roads. You can off road without tearing it up. Avoid rocks, deep water, deep mud etc. and that will not diminish the value of the Jeep. If leased I would not alter it in any way. Deals come and go based on many factors. Just get in step.

MetalGator

Florida

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Posted: 04/17/20 09:34am Link  |  Quote  |  Print  |  Notify Moderator

Just bought a 2020 Jeep Wrangler Sahara 4 door last weekend. Got a great deal, got a great trade in on our 2014 Jeep, and got 0% interest loan for 3 years. I guess maybe it depends on the dealership. Right now is a great time to purchase a new vehicle.


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DallasSteve

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Posted: 04/17/20 10:17am Link  |  Quote  |  Print  |  Notify Moderator

rr2254545 wrote:

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

You people act like this is my first rodeo. Get the dealer to do the alterations in the deal and, yes, your lease price will go up a little.





valhalla360

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Posted: 04/17/20 11:51am Link  |  Quote  |  Print  |  Notify Moderator

Might also be a buy vs lease issue.

Saw an article today that some dealers are trying not to take lease cars back at the end of the lease because they can't get rid of them.

The lease payments take into account what they think can sell if for at lease end...They may be being cautious figuring a lower resale value if this doesn't end quickly. A lower resale value translates to a higher lease payment.


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cptqueeg

Idaho

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Posted: 04/17/20 12:10pm Link  |  Quote  |  Print  |  Notify Moderator

WRT to cv19 the used car market where residual values are generated is dropping like a rock. The residual values of leased cars are dropping so leasing becomes more expensive - residual value is a primary factor in the equation to determine the monthly lease payment.

You'll soon find early lease returns on the market. Be patient.

Alan_Hepburn

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Posted: 04/18/20 03:33pm Link  |  Quote  |  Print  |  Notify Moderator

Last September we bought a 2017 Wrangler Unlimited Sport S for right around $24K. The dealer sold it as a "Certified Pre-Owned" - the previous owner was a rental agency and it was in like-new condition. Deals like that are available - you just have to look for them. We checked out cargurus.com and found the deal at a dealer about an hour away.


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carringb

Corvallis, OR

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Posted: 04/19/20 08:56pm Link  |  Quote  |  Print  |  Notify Moderator

Leases will become more expensive because residual values are plummeting. It's nothing nefarious. They're just using the long-standing formulas when establishing lease terms. Sometimes the finance arm will kick in some cash to makeup for lower residuals, but they probably aren't in a position to do that right now.


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Grit dog

Black Diamond, WA

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Posted: 04/20/20 12:20pm Link  |  Quote  |  Print  |  Notify Moderator

DallasSteve wrote:


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.


Maybe they figured since you publicly proclaim that the pandemic is fake and nonsense they gave you the No Pandemic Here price!


"Yes Sir, Oct 10 1888, Those poor school children froze to death in their tracks. They did not even find them until Spring. Especially hard hit were the ones who had to trek uphill to school both ways, with no shoes." -Bert A.

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