Jeep Lease Buyouts: End Your Lease, Keep Your Jeep.

Read time: 3 minutes 

You've enjoyed leasing your Jeep, but now your lease is coming to an end.

Time to say goodbye, right?

We've got great news for you: not only can you buy out your Jeep lease, keeping the car you love, but you can also potentially maintain a lower monthly payment than you would if you were to lease a new Jeep. 

We'll walk you through everything you need to know about Jeep buyouts and what you can expect from working with Lease End. 

We’ve facilitated thousands of lease buyouts for Jeep models, including the following:   

Jeep Lease Buyout Statistics

At Lease End, we’ve helped thousands of drivers buy out their leases on a variety of Jeep models, so we have lots of proprietary lease buyout data that can provide insight to lessees like you. 

The Grand Cherokee, Wrangler, and Cherokee are the most popular models to buy out, with 519 Grand Cherokees, 336 Wranglers, and 251 Cherokees bought out (and counting) since the start of 2023.  

Average new buyout loan payments, retail book value, and equity retained differ by model: 

(For context, the average new monthly loan payment in Q1 2024 for borrowers with the best credit was $723 according to Experian.)  

While new monthly loan payments vary by driver according to credit score, vehicle, and other factors, Lease End can help you secure the best buyout rates that you're eligible for through our trusted financing partners like Ally and Capital One.

Why Drivers Love Jeep  

Jeep is known for ruggedness, advanced features, and versatility. It's no wonder so many drivers are invested in keeping their leased Jeeps. 

Here are some of the top features that make Jeep vehicles a favorite:

4x4 Capability. Jeep is the go-to brand for off-roading, with models like the Wrangler, Cherokee, and Grand Cherokee offering impressive 4x4 systems. Whether you’re navigating rocky trails or snowy roads, Jeep’s 4x4 capability ensures you can handle it all.

Trail-Rated Toughness. Many Jeep models come with the Trail Rated badge, signifying their ability to perform well in off-road conditions, including traction, water fording, maneuverability, articulation, and ground clearance. It’s a badge of honor that highlights the brand’s commitment to adventure.

Versatility. While Jeep is often associated with off-roading, it’s also versatile enough to meet the needs of different drivers. The Grand Cherokee, for instance, offers a luxurious yet capable SUV experience, making it perfect for families and long road trips. The Renegade and Compass cater to those who want a compact SUV with the spirit of a Jeep but with more urban-friendly features.

Open-Air Freedom. Jeep understands the thrill of open-air driving, which is why the Wrangler and Gladiator come with removable doors and roofs. It’s a unique feature that lets you fully immerse yourself in the driving experience.

Reputation for Durability and Resale Value. Jeep vehicles are known for their durability. Whether it’s the Wrangler’s ability to withstand years of off-road use or the Cherokee’s reliable performance in everyday driving, Jeep has built a reputation for making vehicles that last. This durability translates into strong resale value, making Jeep a smart investment for those looking to retain value over time.

That said, one of Jeep’s notable weaknesses is its reputation for less-than-stellar reliability when compared to some of its competitors. Common issues reported by drivers include problems with electrical systems, transmission issues, and higher-than-average maintenance costs. 

The good news? Maintenance and repair costs can be offset by investment-protecting vehicle service contracts (VSC), which we bundle with our lease buyout auto loans here at Lease End.  

Leasing a Jeep vs. Buying it Out   

While we aim to educate all drivers on buyout options, we definitely want to acknowledge that leasing a Jeep is a smart move for plenty of drivers.  

In a lease, you can enjoy the thrill of driving a new car every few years without the long-term commitment of ownership. Access to unique, high-end models like the Wagoneer makes for an adventure of its own. And newest and best safety features available provide peace of mind.  

Plus, leases often come with lower monthly payments compared to financing, making them a more budget-friendly choice than purchasing the vehicle outright. 

So as your Jeep lease term nears its end, you get to decide what comes next.

Here are your two options: 

1. Return Your Vehicle: You can return your vehicle to the dealership. Before you do, though, make sure to schedule a pre-inspection to check for any excess wear and tear or mileage overages. Taking care of these issues beforehand can help you avoid extra charges.
2. Buy Out Your Lease: If you've fallen in love with your vehicle and can't bear to part with it, you can buy out your lease and keep the car. Our financial partners like Ally Bank and Capital One can help you with financing options to make it happen. 

Why Choose Lease End? 

Navigating the end of a lease can be tricky, but we're here to make it easy for you. Our team of lease end experts can walk you through your options and help you make the best decision for your situation. 

End your lease, keep your Jeep in four easy steps:  

1. Tell us about your car. 
2. View your loan & coverage options. 
3. Sign your buyout documents. 
4. Relax — we'll take it from there. 

Start the process online by entering your license plate or VIN.