Jeep Leases

Welcome to Ewald Auto, your premier dealership for exceptional Jeep leases that put you behind the wheel of your dream vehicle. At our Jeep dealer in Milwaukee, we understand that leasing provides a flexible and convenient way to enjoy the unparalleled capabilities and iconic style of a Jeep. Whether you're seeking the adventurous spirit of the Jeep Wrangler, the luxurious comfort of the Jeep Grand Cherokee, or the versatile performance of the Jeep Cherokee, our dedicated Jeep dealership near you is here to help you find the perfect lease to fit your needs and budget. With attractive Jeep lease deals, competitive rates, and an unparalleled selection of Jeep models, Ewald Auto is your go-to dealership for hassle-free leasing options. Visit us today and let us guide you through our exclusive Jeep lease offers, putting you on the path to endless possibilities and unforgettable adventures.

Frequently asked questions about Jeep leases

How does leasing a Jeep work?

Leasing a Jeep involves entering into an agreement with our Jeep dealership to use a Jeep for a specified period, typically two to four years, while making monthly lease payments. Here's how it generally works at Ewald Auto:

• Choose a Jeep: Select the Jeep model, trim level, and any desired options that fit your preferences and needs.

• Negotiate Lease Terms: Negotiate the lease terms, including the lease duration, mileage limit, and monthly payment amount. Our dealership in Milwaukee will assess factors such as the vehicle's residual value, expected depreciation, and your creditworthiness to determine the lease terms.

• Make a Down Payment: In some cases, a down payment may be required at the beginning of the lease. This can help reduce monthly payments or cover any upfront costs associated with the lease.

• Monthly Lease Payments: Throughout the Jeep lease term, you'll make regular monthly lease payments based on the agreed-upon amount. These payments typically cover the depreciation of the Jeep over the lease period, plus any additional fees or charges specified in the lease agreement.

• Comply with Lease Terms: Adhere to the terms and conditions of the lease, including maintaining the Jeep in good condition and not exceeding the agreed-upon mileage limit. Any excessive wear or mileage may result in additional fees at the end of the lease.

• Return or Purchase: At the end of the lease term, you can return the Jeep to our dealership, assuming you've complied with the lease terms and haven't exceeded the mileage limit or caused excessive wear. Also, you may have the option to purchase the Jeep by paying the predetermined buyout price specified in the lease agreement.

What are the benefits of leasing a Jeep?

Leasing a Jeep offers several benefits that may make it an attractive option for many individuals. Here are some key advantages of leasing a Jeep from Ewald Auto:

• Lower Monthly Payments: Lease payments are typically lower than monthly loan payments when financing a vehicle. This allows you to enjoy a new Jeep with lower upfront costs and more manageable monthly expenses.

• Access to Newer Models: Leasing allows you to drive a new Jeep every few years, keeping you up-to-date with the latest features, technologies, and designs. This is especially appealing if you enjoy having the newest advancements in your vehicle.

• Warranty Coverage: Most lease terms align with the vehicle's warranty period. This means that any repairs or maintenance required during the lease term are often covered by the manufacturer's warranty, providing peace of mind and potential cost savings.

• Reduced Maintenance Costs: With a leased Jeep, you're driving a newer vehicle that is less likely to require major repairs. This can help minimize out-of-pocket maintenance expenses during the lease term.

• Flexibility: Leasing allows for flexibility at the end of the lease term. You have the option to return the vehicle and explore other leasing opportunities or choose to purchase the Jeep at a predetermined buyout price.

• Potential Tax Benefits: In some cases, leasing a vehicle for business purposes can offer tax advantages. Consult with a tax professional to understand if you qualify for any potential tax benefits associated with leasing a Jeep.

• No Resale Concerns: Since you're returning the vehicle at the end of the lease, you don't have to worry about selling or trading it in. This can save you the hassle of negotiating a fair price and dealing with potential depreciation concerns.

What is the difference between leasing and financing a Jeep?

Leasing and financing are two different methods of acquiring a vehicle, each with its own set of advantages and considerations. Here are the key differences between leasing and financing a Jeep:

• Ownership: When you finance a Jeep, you take out a loan to purchase the vehicle. Once the loan is repaid, you become the outright owner of the Jeep. On the other hand, leasing involves renting the vehicle for a predetermined period. At the end of the lease term, you return the Jeep to our Milwaukee Jeep dealer, or have the option to purchase it.

• Monthly Payments: Financing involves making monthly payments to gradually pay off the loan, while leasing entails making monthly lease payments for the duration of the lease term. Lease payments are typically lower than loan payments because you're only paying for the depreciation and use of the vehicle during the lease period.

• Vehicle Ownership and Resale Value: When you finance a Jeep, you have the freedom to modify or customize it to your liking. You can also build equity in the vehicle over time, and its resale value can contribute to your next vehicle purchase. With leasing, you don't own the vehicle, so modifications may not be allowed, and you don't have equity or resale value concerns.

• Vehicle Upgrades: Financing allows you to keep the vehicle for as long as you desire and make any desired modifications. Leasing, on the other hand, typically comes with restrictions on modifications and involves returning the vehicle at the end of the lease term, allowing you to upgrade to a new model.

• Long-Term Cost Considerations: Financing a vehicle usually involves higher monthly payments, but once the loan is repaid, you no longer have monthly payments. Leasing may offer lower monthly payments, but you have ongoing monthly payments as you continue to lease or lease new vehicles.

People also ask the following questions about Jeep leases

How long is a typical Jeep lease term?

A typical Jeep lease term typically ranges from 24 to 48 months, although specific lease terms can vary depending on the leasing company and individual agreements. Shorter lease terms, such as 24 or 36 months, are common and provide the advantage of experiencing a new vehicle more frequently. Longer lease terms, such as 48 months, may result in lower monthly payments but require a longer commitment. The duration of the lease term should be determined based on your preferences, financial situation, and anticipated usage of the Jeep. Ewald Auto offers various lease term options to suit different needs, and our leasing specialists can help guide you in selecting the ideal duration for your Jeep lease.

What mileage options are available for Jeep leases?

When it comes to Jeep leases, mileage options can vary depending on the leasing company and the terms of the lease agreement. Typically, you'll have several mileage options to choose from, such as 10,000, 12,000, or 15,000 miles per year. These mileage allowances determine the maximum number of miles you can drive the leased Jeep during the lease term without incurring additional charges for excess mileage. It's important to consider your driving habits, commute distance, and anticipated usage when selecting the mileage option. If you exceed the agreed-upon mileage limit, you may be subject to additional fees at the end of the lease. Ewald Auto can provide you with information on available mileage options and help you choose the option that aligns with your driving needs and preferences.

Can I customize or modify a leased Jeep?

Modifying or customizing a leased Jeep can be more restricted compared to a financed or owned vehicle. Since you do not own the leased Jeep, you must adhere to the terms and conditions set by the leasing company. Most leasing agreements prohibit major modifications or alterations that could affect the value or condition of the Jeep Wrangler lease. However, minor modifications like adding floor mats, seat covers, or removable accessories that do not permanently alter the vehicle's original state are generally allowed. It's essential to review the lease agreement and consult with the leasing company to understand the specific guidelines regarding modifications. Ewald Auto can provide you with guidance on permissible modifications and help you navigate any restrictions to ensure compliance with the terms of your Jeep lease. If you plan to make major modifications to your ride, leasing a Jeep Grand Cherokee might not be the best decision. You could be better off financing the vehicle instead.