Home
What's new
Latest activity
Authors
Store
Latest reviews
Search products
Forums
New posts
Search forums
What's new
New posts
New listings
New products
New profile posts
Latest activity
Members
Current visitors
New profile posts
Search profile posts
Log in
Register
Cart
Cart
Loading…
What's new
Search
Search
Search titles only
By:
New posts
Search forums
Search titles only
By:
Menu
Log in
Register
Navigation
Install the app
Install
More options
Change style
Contact us
Close Menu
Forums
SVTPerformance's Chain of Restaurants
Road Side Pub
Q & A Session... - Ask a Ford Dealer
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
<blockquote data-quote="Blk91stang" data-source="post: 16648142" data-attributes="member: 23906"><p>Are there benefits or downsides to leasing for 2-3 years then financing at the end of the lease?</p><p></p><p>My GF had a 2018 Jeep Wrangler Sport she did this on and it worked out well for her (so we think) where she kept a lease payment under $400, then financed after keeping the payment under $400. I have no idea what the money factor or rates were but she was content. We ended up selling it to Vroom for her MSRP price so she pocketed $6K after making mostly lease payments and 50K miles.</p><p></p><p>She ordered a 2021 Jeep Wrangler Sport S which MSRP'd for closer to $40K with a lease payment at $400. We're afraid she won't have the same situation at the end of the lease and the finance may be too high for her which she could always try to sell and hope it held up well value wise to get out from it. Financing right from the hit, 7 years at 7% puts her at a $650/mo. payment so she's rethinking the whole thing and might now look elsewhere. What are your thoughts about her still going forward with a 3 year lease and financing or selling towards the end of it? I'm 50/50 thinking it may not be wise but I can't not think they hold their value extremely well and maintenance/parts are all easy to come by. Plus she'll really enjoy it. If there are any details or variables we should be concerned about, your thoughts would be greatly appreciated!</p><p></p><p>Since you work for Ford, what are your thoughts about the Ford Ecosport? That might meet her budget if she doesn't go with the Jeep.</p></blockquote><p></p>
[QUOTE="Blk91stang, post: 16648142, member: 23906"] Are there benefits or downsides to leasing for 2-3 years then financing at the end of the lease? My GF had a 2018 Jeep Wrangler Sport she did this on and it worked out well for her (so we think) where she kept a lease payment under $400, then financed after keeping the payment under $400. I have no idea what the money factor or rates were but she was content. We ended up selling it to Vroom for her MSRP price so she pocketed $6K after making mostly lease payments and 50K miles. She ordered a 2021 Jeep Wrangler Sport S which MSRP'd for closer to $40K with a lease payment at $400. We're afraid she won't have the same situation at the end of the lease and the finance may be too high for her which she could always try to sell and hope it held up well value wise to get out from it. Financing right from the hit, 7 years at 7% puts her at a $650/mo. payment so she's rethinking the whole thing and might now look elsewhere. What are your thoughts about her still going forward with a 3 year lease and financing or selling towards the end of it? I'm 50/50 thinking it may not be wise but I can't not think they hold their value extremely well and maintenance/parts are all easy to come by. Plus she'll really enjoy it. If there are any details or variables we should be concerned about, your thoughts would be greatly appreciated! Since you work for Ford, what are your thoughts about the Ford Ecosport? That might meet her budget if she doesn't go with the Jeep. [/QUOTE]
Insert quotes…
Verification
Post reply
Forums
SVTPerformance's Chain of Restaurants
Road Side Pub
Q & A Session... - Ask a Ford Dealer
Top