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Lease A Jeep Wrangler Unlimited For $279/Month, $0 Down (Because America!)

2016 Jeep Wrangler Unlimited (source: www.jeep.com)

2016 Jeep Wrangler Unlimited (source: www.jeep.com)

Summer is just around the corner, and for some folks, that means it's convertible season. Jeep's versatile Wrangler—it's equally at home on the Rubicon Trail and the streets of West Hollywood—has always been a fabulous open-roofed option. Now it turns out Wrangler is a great lease to boot, thanks to ridiculously good residual values on Unlimited Sport and Freedom models. 

Lease Program - Valid Through May 31, 2016

The cost of leasing a particular car is determined by its lease program, which is set by the manufacturer, and the selling price, which is set by the dealer. Here is Chrysler Capital's current lease program for 2016 Wrangler Unlimited assuming top tier credit:

36 months, 10,000 miles/year
Trim Sport/Freedom Sahara/Backcountry Rubicon/Hard Rock
Residual Value 74% 65% 64%
Money Factor .00183 .00183 .00183

As for incentives, Chrysler is offering $500 in Military Cash Allowance. No lease cash or other offers available; Wrangler is popular as-is and doesn't need any help.

Selling Price

A base 2016 Wrangler Unlimited Sport with an automatic transmission has an MSRP of $30,040. In Los Angeles, the average selling price of that model is $29,900 before incentives. The lowest selling price currently offered by a dealer on a car shopping site is $28,900 before incentives.

On Leasehackr Forum, readers outside of California are reporting as much as 12% off MSRP. Your selling price will vary depending on location and available inventory. 

Putting It Together

Use the lease calculator below to customize your own inputs, such as annual mileage and selling price. Here's a sample deal of a 2016 Wrangler Unlimited Sport with automatic ($30,040 MSRP) assuming a selling price of $28,900 and excellent credit. 

% off MSRP
I want to pay my acquisition fee upfront.
%
Residual (%) at miles/yr
APR: %
Enroll in Mercedes-Benz Autopay to lower the MF by 0.00010
GM One-pay Lease: I want to lower the MF by 0.00073 by paying everything upfront.
APR: %
%
Tax is levied on the monthly lease payment (most states).
Tax is levied on the sales price upfront (e.g. VA, TX, GA).
Tax is levied on the total lease payment upfront (e.g. NY, MN, OH).
First month's payment incl. tax:
Down payment:
Total MSD payment:
Registration and doc fee:
Tax on cap cost reduction and fees:
Acquisition fee:
First month's payment:
Down payment:
Total MSD payment:
Tax on the sales price:
Registration and doc fee:
Acquisition fee:
First month's payment:
Down payment:
Total MSD payment:
Tax on the total lease payment:
Tax on cap cost reduction and fees:
Registration and doc fee:
Acquisition fee: