Jeep Incentives and Lease Deals for December 2023
When it comes to leases, the 2023 Jeep Gladiator and Grand Cherokee L offer Excellent value. The worst lease deals are on the 2023 Jeep Cherokee and 2023 Renegade, you'll want to stay away from leasing these models.
Of note for December, Jeep is offering up to $4,000 in cash rebates on the 2023 Jeep Grand Cherokee and $4,000 on the 2024 Grand Cherokee. Overall, the average rebate across all Jeep models is currently $2,800.
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
Looking at the data for Jeep lease deals over the past year, we can note that the "Bang for Buck" value, which indicates the value of the lease deal by dividing the MSRP by the Monthly Payment, has remained fairly consistent. The range for Jeep leases over the last 12 months is between 75 and 82, with an average of 79.
The current lease deals, with a B4B of 81, are slightly better than the past year's average, so now may be a decent time to look at leasing depending on model.
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. There will not always be a perfect correlation between B4B and average monthly payments due to changes in MSRPs.
Best Current Jeep Lease Deals December 2023
| Vehicle | Monthly Payment / $0 Down | ||||
|---|---|---|---|---|---|
| MSRP | Payment | Value | Best Region | Deals | |
| Jeep Wrangler 4xe Plug-in Hybrid 2024 Sahara 4xe | $58,970 | $446 /mo | Excellent | Northeast | |
| Jeep Grand Cherokee 4xe Plug-in Hybrid 2024 4xe | $62,255 | $593 /mo | Excellent | Northeast | |
| Jeep Wrangler 4xe Plug-in Hybrid 2023 Willys 4xe | $56,530 | $550 /mo | Excellent | Texas | |
| Jeep Gladiator 2023 Sport S | $53,460 | $549 /mo | Excellent | West Coast | |
| Jeep Grand Cherokee L 2023 Limited | $54,105 | $565 /mo | Excellent | Northeast | |
| Jeep Grand Cherokee 2023 Limited | $52,575 | $562 /mo | Excellent | Northeast | |
| Jeep Wrangler 2024 4-door Sport | $42,450 | $469 /mo | Excellent | Chicago | |
| Jeep Grand Cherokee L 2024 Laredo | $43,925 | $497 /mo | Good | Southeast | |
| Jeep Grand Cherokee 4xe Plug-in Hybrid 2023 4xe | $64,450 | $741 /mo | Good | Southeast | |
| Jeep Grand Cherokee 2024 Laredo | $45,720 | $542 /mo | Good | Chicago | |
| Jeep Compass 2024 Latitude | $34,635 | $443 /mo | OK | Chicago | |
| Jeep Renegade 2023 Latitude | $30,040 | $428 /mo | OK | Southeast | |
| Jeep Cherokee 2023 Trailhawk | $42,890 | $613 /mo | OK | Texas | |
Best Jeep Cash Rebates
| Vehicle | Best Region | Max Rebate | Deals |
|---|---|---|---|
| 2023 Jeep Grand Cherokee | West Coast | $4,000 | |
| 2024 Jeep Grand Cherokee | Detroit | $4,000 | |
| 2024 Jeep Grand Cherokee L | Detroit | $4,000 | |
| 2023 Jeep Grand Cherokee L | West Coast | $4,000 | |
| 2023 Jeep Grand Cherokee 4xe Plug-in Hybrid | West Coast | $4,000 | |
| 2023 Jeep Wrangler 4xe Plug-in Hybrid | West Coast | $3,750 | |
| 2024 Jeep Compass | Chicago | $3,500 | |
| 2024 Jeep Grand Cherokee 4xe Plug-in Hybrid | Nationwide | $2,000 | |
| 2024 Jeep Wrangler 4xe Plug-in Hybrid | Southeast | $2,000 | |
| 2023 Jeep Compass | Nationwide | $1,500 | |
| 2023 Jeep Wrangler | Multiregion | $1,500 | |
| 2023 Jeep Renegade | Nationwide | $1,000 | |
| 2023 Jeep Cherokee | Nationwide | $1,000 |
Best Jeep Finance Deals
| Vehicle | 36 mo | 48 mo | 60 mo | 72 mo | Deals |
|---|---|---|---|---|---|
| 2024 Jeep Grand Cherokee | - | - | - | 6.9% | |
| 2024 Jeep Grand Cherokee L | - | - | - | 6.9% | |
| 2024 Jeep Grand Cherokee 4xe Plug-in Hybrid | 3.9% | - | - | - | |
| 2024 Jeep Compass | 1.9% | - | - | - | |
| 2023 Jeep Renegade | 1.9% | 2.9% | 4.9% | - | |
| 2023 Jeep Grand Cherokee | - | - | - | 5.9% | |
| 2023 Jeep Grand Cherokee L | - | - | - | 5.9% | |
| 2023 Jeep Grand Cherokee 4xe Plug-in Hybrid | 2.9% | - | - | - | |
| 2023 Jeep Gladiator | - | - | - | 6.9% | |
| 2023 Jeep Compass | 1.9% | - | 4.9% | 5.9% |
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
