Best Jeep Deals & Lease Offers: April 2018

By

Senior Pricing Analyst

Alex Bernstein is the Senior Pricing Analyst for CarsDirect.com. Each month he studies immense volumes of pricing and incentives data in search of trends that are useful to car shoppers. In the process, he often breaks industry news stories -- his analyses and insights have been featured on websites such as Automotive News, The Detroit News, Autoblog, The Truth About Cars and The Car Connection.

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, Senior Pricing Analyst - April 8, 2018

Jeep continues to feature a nice selection of deals on some of its bestsellers. The 2018 Cherokee leads the way with up to $5,500 in cash incentives on well-equipped styles. Or, lease from just $219/month.

It may be counter-intuitive, but leases on entry-level Jeeps tend to be rather awful in terms of value. For example, the 2017 Renegade Sport is listed at $305 for 42 months with $3,649 due at signing.

However, with an effective cost of $392/month, you could actually lease a 2018 Grand Cherokee Laredo for just $5 more per month despite a $9,975 difference in MSRP. Expect similar quirks with the Compass and Cherokee, too.

Special offers from Jeep can vary by region and expire April 30, 2018. Examples listed here are based on a location in California.

Jeep Incentives & Lease Deals This Month

Model Best Lease Deal Best Finance Offer Best Cashback Incentive Details
Jeep Compass
Jeep New Compass
Lease from $229/month Finance from 0%/60 months Up to $2,750 Learn More »
Jeep Renegade
Jeep Renegade
Lease from $219/month Finance from 0%/72 months Up to $5,000 Learn More »
Jeep Cherokee
Jeep Cherokee
Lease from $219/month Finance from 0%/60 months + Up to $1,000 Up to $5,500 Learn More »
Jeep Grand Cherokee
Jeep Grand Cherokee
Lease from $310/month Finance from 0%/36 months + Up to $1,000 Up to $3,000 Learn More »
Jeep All-New Wrangler Unlimited
Jeep Wrangler
Lease from $256/month Finance from 3.51%/60 months No Cashback Offers Learn More »

See the full Jeep lineup »

Tips on Jeep Financing, Lease Specials and Rebate Offers

Jeeps often feature a nice array of cashback, finance and lease offers. However, the best deals are often weighted toward purchase and loan offers. There are lease deals, but they often extremely poorly, especially when it comes to base models.

While it's not unusual to find up to $5,000 in combined offers on models like the Jeep Cherokee, it's a completely different story when it comes to the Wrangler and Wrangler Unlimited. In fact, we almost never see 0% financing or cashback incentives on those models.

Holidays can be a good opportunity to take advantage of extra savings in the form of bonus cash. However, shoppers should be aware that the manufacturer typically lowers other incentives at the same time. Dealers sometimes have an incentive to sell as many cars as possible to receive a manufacturer bonus, so expect to be able to negotiate a great price in competitive areas.

, Senior Pricing Analyst

Alex Bernstein is the Senior Pricing Analyst for CarsDirect.com. Each month he studies immense volumes of pricing and incentives data in search of trends that are useful to car shoppers. In the process, he often breaks industry news stories -- his analyses and insights have been featured on websites such as Automotive News, The Detroit News, Autoblog, The Truth About Cars and The Car Connection.

Follow On: Google+ | Website