Jeep announces Gladiator lease for $143/month. The out of pocket cost will vary, but the basics of the lease are pretty standard. The 2020 Jeep Gladiator Sport lease will be $143/month plus tax, with 10% down, for 24 months. Most leases are 36 months, so the Gladiator lease is relatively short term. This lease is a great marketing incentive to get drivers on the road in a new Jeep Gladiator.
That is the simple part of the lease, but other aspects include the money factor, capitalized cost, fees, taxes and residual value. After the 24 month lease, the Gladiator is expected to retain close to 90 percent of its value. That translates to the customer paying 10 percent of the vehicles total cost over the 24 months. This offer ends up being a great business strategy for both Jeep and dealerships. Jeep gets people into the Gladiator with the lease offer, and dealerships will be able to capitalize on the Gladiator retaining a high value after the lease.
If you want different options, a different trim level, or longer lease term, expect the price of the lease to increase. Credit scores will also influence the leasing price. Weighing all the factors, this is a great opportunity to drive the all-new 2020 Jeep Gladiator at the monthly price of a cell phone bill.
Image Credit: Jeep