Jeep® Lease or Loan: Which is Better?

A journey of a thousand miles may begin with a single step, but it’s a lot more fun when it starts with the key in the ignition of a new Jeep® SUV. At Zeigler Chrysler Dodge Jeep RAM, we don’t just make it easy to find the right vehicle, trim, options, and accessories.

We make financing just as easy, even when you’re unsure whether you’re better off with a Jeep lease or a generous auto loan.

When a Jeep Lease Makes Sense

Let’s say you have your eye on a new Jeep Cherokee at our Schaumburg Jeep dealership. Leasing that SUV has some advantages. You’re paying for its use and depreciation for a set period of time. When that time’s up, you’ve got plenty of choices.

First, you can buy that SUV for a price that was set at lease initiation. You can also lease another Jeep SUV with even more advanced tech and safety features. Or you can simply hand over the keys and walk away altogether. Besides being flexible, leases offer those with good credit low payments with less money down.

When Car Loans Make Sense

Leasing clearly has a lot going for it. But it does have some restrictions, too. Your mileage is limited, and so is the amount of wear and tear you can put on your vehicle. That’s fine if most of your driving is local, or if you work from home.

But if you’ve got a long commute, if your Jeep SUV or RAM truck is a work vehicle, or if you have a yen for road trips, the mileage and wear penalties that can come at lease end might be a rude awakening. You also won’t be able to customize quite as extensively, since your dealer expects the vehicle back in the same condition it left the lot in.

So, ownership is a better fit if:

  • You drive many miles per year
  • You like off-roading, or otherwise put a lot of wear on your vehicle
  • Low or no credit takes certain Jeep lease offers off the table

Auto Financing at Zeigler Chrysler Dodge Jeep RAM

Some aspects of your loan or lease can be handled online, like pre-qualifying for auto credit. But if you have questions, don’t forget that the Zeigler Chrysler Dodge Jeep RAM team is always a click, call, or quick drive away.

We’re here to help with the information and Jeep financing you need now, the selection you’ll love, and the parts and service that ensure every journey is safe, sound, and fun — no matter where it takes you.