Jeep Incentives and Lease Deals for May 2024
When it comes to leases, the 2024 Jeep Wrangler and Grand Cherokee offer Good value. The worst lease deals are on the 2023 Jeep Gladiator and 2024 Gladiator, you'll want to stay away from leasing these models.
Of note for May, Jeep is offering up to $6,750 in cash rebates on the 2024 Jeep Wrangler 4xe Plug-in Hybrid and $6,750 on the 2024 Grand Cherokee 4xe Plug-in Hybrid. Overall, the average rebate across all Jeep models is currently $4,600.
Incentives can vary a lot by region. Always verify with your local dealers.
Ready to Negotiate the Best Jeep Deal?
The price/lease quote services I recommend are TrueCar and CarsDirect. They will get you best deal offers from local dealers, helping you gather bids easily (Use my car negotiation method to further reduce prices)
Jeep Lease Deals Summary
The Bang for Buck for Jeep leases has increased over the past year, up to 88 in March versus an average of 83 over the past year. A higher B4B value means you're getting more car for your money when leasing a Jeep now versus over the past year on average. Using the average MSRP of Jeep vehicles ($52,888), you would currently be saving $35 per month if you lease now versus over the past year on average, and saving $77 per month versus March, which was the worst month to lease.
Note: fluctuations you see in the chart when it comes to monthly payments is a combination of Bang for Buck values and changes in trim levels and MSRPs promoted in advertised lease deals (the trend is towards more expensive trims). There will not always be a perfect correlation between B4B and average monthly payments.
Best Current Jeep Lease Deals May 2024
| Vehicle | Monthly Payment / $0 Down | ||||
|---|---|---|---|---|---|
| MSRP | Payment | Value | Best Region | Deals | |
| Jeep Wrangler 4xe Plug-in Hybrid 2024 4-door Sahara | $59,760 | $512 /mo | Excellent | Northeast | |
| Jeep Grand Cherokee 4xe Plug-in Hybrid 2023 | $65,505 | $573 /mo | Excellent | West Coast | |
| Jeep Grand Cherokee 4xe Plug-in Hybrid 2024 | $62,285 | $649 /mo | Excellent | West Coast | |
| Jeep Wrangler 2024 Sport | $40,990 | $482 /mo | Good | Chicago | |
| Jeep Grand Cherokee 2024 Laredo | $42,425 | $501 /mo | Good | Chicago | |
| Jeep Grand Cherokee L 2024 Laredo | $44,425 | $544 /mo | Good | Chicago | |
| Jeep Gladiator 2024 Sport | $42,290 | $537 /mo | OK | Multiregion | |
| Jeep Gladiator 2023 Sport | $43,385 | $704 /mo | Poor | Texas | |
Best Jeep Cash Rebates
| Vehicle | Best Region | Max Rebate | Deals |
|---|---|---|---|
| 2024 Jeep Wrangler 4xe Plug-in Hybrid | Washington DC | $6,750 | |
| 2024 Jeep Grand Cherokee 4xe Plug-in Hybrid | Chicago | $6,750 | |
| 2023 Jeep Grand Cherokee 4xe Plug-in Hybrid | Varies (Bonus Cash) | $6,000 | |
| 2024 Jeep Grand Cherokee L | Chicago | $5,500 | |
| 2024 Jeep Grand Cherokee | Multiregion | $5,000 | |
| 2024 Jeep Gladiator | Varies (Bonus Cash) | $4,000 | |
| 2024 Jeep Wrangler | Texas | $3,500 | |
| 2024 Jeep Wagoneer | Varies (Bonus Cash) | $2,000 | |
| 2024 Jeep Compass | Multiregion | $2,000 |
Best Jeep Finance Deals
| Vehicle | 36 mo | 72 mo | Deals |
|---|---|---|---|
| 2024 Jeep Grand Wagoneer | - | 5.9% | |
| 2024 Jeep Grand Cherokee | - | 6.9% | |
| 2024 Jeep Grand Cherokee L | - | 6.9% | |
| 2024 Jeep Grand Cherokee 4xe Plug-in Hybrid | 3.9% | - | |
| 2023 Jeep Grand Wagoneer | - | 5.9% | |
| 2023 Jeep Gladiator | - | 6.9% |
Ready to Negotiate the Best Jeep Deal?
The price/lease quote services I recommend are TrueCar and CarsDirect. They will get you best deal offers from local dealers, helping you gather bids easily (Use my car negotiation method to further reduce prices)
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Each week, I'll keep you up-to-date on the latest car deals and news that might affect your purchase. This includes...
- Best Rebates, Incentives, and Lease Deals
- Latest Car Buying Scams and Tricks
- The Best & Worst Time to Buy a Car
- Which Cars You Should Avoid
