The carryover 2020 Unlimited is in good supply, while 2019 is almost out of stock. Even though demand is still high, you can find the deal you want. Also, the automaker is unveiling a new diesel model in its 2020 lineup. The 2019 model remains on sale, although we anticipate it sells out before the end of January.
Those looking for jeep wrangler lease deals have something new to try out. The company is now offering a pickup version of its Wrangler Unlimited as the 2020 Gladiator. The current offers run up to 3rd February 2020, which can vary based on regions.
Even though Jeep Seldom offers cash incentives on its Wrangler lineup, the 2020 Jeep Wrangler lease rates are quite attractive now. Recently, the automaker was in the headlines for having a hard time disposing of the unsold batches of 2018 Wranglers.
The overstock mounted pressure on dealerships to clear their lots and make room for the 2020 models, besides the unsold 2019 wranglers. For that reason, shoppers in California can now lease the 2020 Unlimited Sport for $299 for three years with $3,999 when signing.
The deal gives a $410 effective monthly cost, which is an excellent value for its price category. This is even better than the current 2019 Wrangler Unlimited, which means you should go with the 2020 model if you are leasing.
If you intend to finance, the automaker is giving 3.85% financing for five years on its 2019 and 2020 lineup in January. That is the best you would expect on the Wrangler Unlimited, which does not make as the worst rates you’ll find on other Jeep models.
Jeep Wrangler Features
The Jeep Wrangler Unlimited is a four-door model of the automaker Wrangler SUV. While the Unlimited brand first came through the long-wheelbase configuration of the 2-door 2004 Wrangler, the 4-door version came with 2006 make year.
Carrying a similar rugged, uniquely retro look plus the same off-road capability, the current five-seat Jeep Wrangler Unlimited provides a longer wheelbase for improved accessibility of the rear seat and more room at the back.
A redesign in 2018 solved several Wrangler drawbacks, including:
- New powertrains
- Better on-road handling courtesy of improved suspension
- Enhanced ride comfort
- Introducing a discreet and more civilized interior
- Touchscreen multimedia system
- Apple CarPlay
- Android Auto
The following table shows notable features for 2018, 2019, and 2020 Wrangler Unlimited versions.
|2018 Body Style: SUV Total MPG: 19 MSRP Range: $25,934 – $48,610||2019 Body Style: SUV Total MPG: 19 MSRP Range: $22,277 – $56,210||2020 Body Style: SUV Total MPG: 19 MSRP Range: $31,795 – $42,125|
|A newly available turbocharged engine||Standard 4WD||Unveiling turbo-diesel engine|
|Removable windshield, top, and doors||6-speed manual / 8-speed automatic||Turbo gas V-6 and 4-cylinder also available|
|Two or four-door models||Two/four-door Unlimited versions||Standard 4WD|
|Optional 4WD system for the 4-door Sahara trim||Available in 4 or 5 seat convertible SUV||Two/four-door Unlimited versions|
|Available in 4 or 5 seat convertible SUV||Turbo 4-cylinder engine or V-6||Removable windshield, top, and doors|
|Longer wheelbase for more legroom||Removable windshield, top, and doors||Available in 4 or 5 seat convertible SUV|
Jeep avails of the Wrangler Unlimited in the following four trim configurations:
- Sport S
However, you can find plenty of special editions as well. For example, the Sport S has special editions like Willys and Black and Tan. None of the Wrangler Unlimited versions come with active, standard safety features. Instead, the manufacturer provides safety technologies in different packages, which start at the Sport S trim level;
The Safety Group $995
- Blind-spot surveillance
- Rear traffic alert
- LED taillights
- Rear parking assistance sensors
The Advanced Safety Group $1790
All of the Safety Group features, including:
- Forward collision warning
- Automatic braking in emergencies
- Adaptive cruise control
All four trims use the FCA Uconnect infotainment system. The Sport S and Sport have a USB port, Bluetooth, and a five-inch touchscreen. The $995 Technology Package equips the Sport S with a seven-inch touchscreen fitted with Android Auto and Apple CarPlay. The system comes standard on the Rubicon and Sahara trims, as well as Black and Tan special edition.
The $1,595 Radio and Premium Audio Group avails of a more prominent 8.4-inch touchscreen display. The larger screen comes with High-Definition radio, Wi-Fi hotspot capability, and navigation, which are only available on Rubicon and Sahara trim levels.
The 2018 improvements notwithstanding, there are SUVs with more room for cargo and better on-road handling, which plenty of shoppers would favor for all-round use. Presently, the Toyota 4Runner is the leading contender to Jeep Wrangler Unlimited.
Jeep Wrangler Unlimited Lease Deals
With news of the 2018 and 2019 overstock recently hitting the headlines, it would be okay to think that those 2019 models are now available with lower price tags against their upgraded 2020 counterparts. Seemingly, that is not how it works. You can get reduced rates for the 2019 versions through a jeep wrangler lease takeover on sites such as Swapalease.com.
An analysis of jeep wrangler leases shows advertised rates for the 2020 model could be less costly than the 2019 Wrangler, in some instances. What could be the reason for this contrast? Everything boils down to residual values. However, let us first look at various pricing comparisons.
In California, for example, the 2019 Wrangler Unlimited Sport is listing for $289 per month over a three-year duration, with $4,419 upfront. The deal amounts to $412 per month, an effective cost. On the other hand, a similar 2020 model is advertising for $309 per month for 36 months, with another $1,339 due at signing. The deal gives an effective cost of $346 every month.
It is essential to note that lease terms for both model year vehicles are almost similar, like the three-year duration with a 10k mile yearly limit. Nevertheless, as stated above, the solution to the $66 monthly difference for both jeep wrangler unlimited lease deals lies in the core residual values.
In a leasing guide sent to the automaker’s dealerships, the 2019 Wrangler Sport has a modest residual value for the 3-year duration at 69 percent, while the 2020 version is at 77 percent for the same period. Additionally, Jeep is not providing factory cash rebates for the Wrangler to help reduce prices.
Jeep Wrangler Lease Specials Offer and Price
Currently, you can lease the outgoing Wrangler Unlimited Sport from $284 for three years with $2,499 upfront on a $30,390 MSRP. This deal translates to an effective monthly cost of $353, which includes account finance fees plus a 12,000 miles yearly allowance.
In another special lease, the 2019 Jeep Wrangler is going for $299 per month for three years on the Unlimited Sport 4WD. The offer comes with $3,999 upon signage. This deal includes a $2,000 cash incentive for the two models and a $1,000 cash incentive on the four-door Unlimited version.
The 2020 Jeep Wrangler is leasing for $239 every month, with a $3,899 upfront fee. The special offer is without a cash rebate. If the company decides to provide one for the 2020 Wrangler, it will not be until the end of the model year.
Best Jeep Cash Back Deals
A cashback deal offers you the best avenue to save cash on the next vehicle you are purchasing. Jeep has cash allowances, which can directly discount the purchase price of the new model. In some regions, the automaker is giving a huge $4,250 cash allowance on the 2019 Renegade. With this price cut, the Renegade’s purchase price reduces from $25,625 to about $21,375.
You can also land a jeep compass lease $99 deal, which is available with a $2,750 cash rebate. Besides the 2020 Compass, the cash allowance is available on the 2020 Grand Cherokee and 2020 Renegade. The 2020 Cherokee comes with a lower discount of $2,500.
Jeep hardly gives cash incentives on its best selling Wrangler SUVs. However, the automaker is providing two cash allowances on the 2019 Wrangler. Depending on your region, you could get a $2,000 discount on the two-door model or a $1,000 price-cut on the four-door version.
Best Jeep Financing Deals
Numerous of Jeep’s SUVs are available with a zero percent financing offer for 36 months this January. Shoppers looking for jeep wrangler finance offers can combine the finance deals with cashback incentives. For example, you can choose to finance the 2019 Renegade at 0% interest for 36 months and take $2,500 from its purchase price.
The same financing deal can apply to the 2020 Cherokee. Moreover, you can get 0% financing on the 2020 Grand Cherokee, the 2020 Renegade, and the 2020 Compass, including a hefty $2,750 discount in some regions. All these are great deals since the national average interest rate is approximately 4.5% for over 36 months if you are getting a new car loan.
Jeep often has the best array of finance, cashback, and lease offers, which exclude the Wrangler Unlimited. You can secure the best jeep wrangler lease deals through Chrysler Financial, which favors loan offers and purchases. While there are various lease options, you’ll want to watch out for poor residual values that can make some models exceptionally bad for leasing.
The Cherokee and Grand Cherokee have the heftiest discounts, including a mix of financing incentives and rebates. The 2020 Jeep Wrangler Unlimited is an old-version SUV. Therefore, it is not so comfortable, discrete, or best equipped. The Wrangler is an excellent off-roading choice. With that in mind, we find the Rubicon or Sport S configuration the best options if you can have the budget.
Frequently Asked Questions (FAQ)
How much to lease a jeep wrangler?
The monthly cost to lease a 2020 Jeep Wrangler Unlimited NE is approximately $494 a month for three years. Various other leasing options are available based on the features you need, such as the 2020 Wrangler Unlimited Rubicon, starting at $591 per month, or the Wrangler Unlimited Rubicon from $494 per month for three years.
Which Jeep has the best lease deals?
December 2019 Jeep cash allowances are gone, which means smaller price cuts for buying and leasing this month. Even though most of the previous year’s models have sold out, vehicles such as the 2019 Renegade are still available with significant savings of up to $6,750 off MSRP. The most exceptional deals include leasing the 2020 Wrangler Unlimited that starts at about $299 per month. The 2020 Cherokee has excellent lease deals starting from $179 per month with 0% APR for three years.
Is leasing a jeep wrangler a good idea?
Leasing a Jeep wrangler could be a great idea, depending on what you are looking for. The Wrangler Sport, for example, carries the highest residual value. Additionally, leasing might offer other benefits, including lower monthly payments with which you get to drive a new vehicle. You can also choose to buy the vehicle from the dealership at the end of your lease term.
What is the cheapest Jeep to lease?
The 2020 Cherokee is the cheapest Jeep to lease. It starts from $179 per month, and you could get up to $2,500 in cash allowance.