Jeep Leasing Boulder CO

When you finance a vehicle, you are borrowing money from a financial institution like a bank or credit union and paying it back monthly over a predetermined period of time. However, when you lease a vehicle, you are essentially borrowing the vehicle from the dealership and paying for it each month. Chrysler Capital, Jeep's leasing agency, understands that flexibility is key when it comes to leasing. That's why they offer lease terms lasting between 24 and 48 months, with mileage limits ranging from 10,000, 12,000, or 15,000 miles per year. Plus, Chrysler Capital allows you to purchase additional, up-front mileage at a discounted rate. This allows you to customize your lease agreement based on your individual needs. For example, if you have a longer commute but want to upgrade your vehicle more frequently, opting for a 15,000-mile, 24-month lease would be an excellent option. 

There is a wide range of benefits when you lease a new Jeep. First, all leased Jeeps are automatically enrolled in Guaranteed Asset Protection, better known as GAP insurance. The cost of the GAP insurance is rolled right into the lease's monthly payment. Additionally, since you are paying for the vehicle's total value rather than its total cost, monthly payments are oftentimes lower than if you were to finance the same vehicle. Also, a lease rarely requires a down payment, and if one is made, it is much lower than the down payment needed for an auto loan. Lastly, it is oftentimes assumed that you cannot customize a leased vehicle. However, Chrysler Capital has many approved Mopar and Jeep Performance Parts to allow drivers to customize their leased vehicles.

As your Jeep lease comes to an end, you have a few different options. Your first option is to exchange your lease for a new lease of the most recent version of the same vehicle or a different one completely. If you choose to do this, the transition process is easy because Chrysler Capital will waive the disposition fee and help set you up for a pre-inspection. Additionally, an array of incentives from Chrysler Capital are available for repeat lessees, so be sure to ask your financing expert here at Prestige Chrysler Dodge Jeep Ram about them! Your next lease-end option is to return your leased vehicle and purchase a different one through financing. Lastly, you can choose to purchase your leased vehicle. If you reach the end of your lease term and decide you can't live without that exact vehicle, then Chrysler Capital allows you to buy out the rest of the remaining balance either in one payment or by obtaining financing. 

There are many benefits to leasing a new Jeep, and here at Prestige Chrysler Dodge Jeep Ram, we make it easy to get into a new Jeep with a lease agreement that works well for you. Come into our showroom in Longmont, Colorado, and you can find a huge selection of new Jeep vehicles. Plus, you can talk with our financing team to set up a lease agreement tailored to your specific needs. We hope to see you soon!