Latest Industry News
July 3, 2022
Posted by Chloe Taylor

Average Price Of A New Jeep Hits A Record High; Lease Price Increases

For a brand very famous for offering one of the most exceptional ranges of off-road ready SUVs, it comes as no surprise that Jeep has joined the bandwagon of automakers who have continuously increased the price of all their models. The shortage of materials, followed by rising demand, has played a huge role in the hike in car prices. Even dealers are now selling new cars above sticker price.

If you’re hoping to lease a new Jeep but worried about how this huge increase in average car price in the US will affect your lease price, give yourself a break. VIP Auto lease is here to offer you the lowest possible lease prices. Below are the current MSRP and average lease prices of new Jeep cars.

New Jeep Cars MSRP & Lease Prices

Jeep Renegade

If you want a subcompact SUV with outstanding off-road ability, bold and adorable styling, and affordable pricing, leasing the Renegade is the deal, but be ready to spend an average monthly lease payment of $476. This Jeep’s smallest crossover SUV has seen its starting MSRP jump from 2019’s $22,275 to $22,375, $22,850, and $26,290 for 2020, 2021-, and 2022-year models.

Jeep Compass

If you need an off-road ready wheel in the compact SUV class, lease the Compass with an average monthly lease price of $500 for 36 months. In 2019, it could cost you not less than $22,095 to buy a new Compass, but the price has moved to $22,280, then $23,915 in 2020 and 2021, and finally now at $28,380.

Jeep Gladiator

If you need a truck that is nearly as capable as any Jeep car, you might want to check out the Gladiator lease, with an average lease per month price of $657 for 36 months. This Jeep’s sole truck has witnessed its starting MSRP increase from $33,545/$33,565 in 2020 and 2021 to $38,765 in 2022.

Jeep Cherokee

It will cost you an average lease per month payment of $518 for 36 months to lease a new Jeep Cherokee. This Jeep’s compact SUV once have a starting MSRP of $25,045 in 2019, $25,840 in 2020, and $26,310 in 2021. Today, it starts at $31,590.

Jeep Grand Cherokee

Unarguably the best family-oriented Jeep SUV, leasing this off-road capable family hauler will cost you an average monthly lease price of $888 for 36 months. Its current starting MSRP of $40,120 against the 2020’s $32,150 and 2021’s $32,370 clearly shows the hike in recent car sticker prices.

Jeep Wrangler

Joyriding in the Jeep’s iconic Wrangler for a monthly lease price of about $499 and above could be the best thing you’d be gifting yourself this year. From 2019’s $28,045 to 2020’s $28,295 and 2021 $28,315, the starting MSRP of the Wrangler has witnessed a slight increase till it jumped to $31,590 this year.

Jeep Wagoneer

With an average monthly lease payment of $932, you can walk away from a dealership with your Jeep Wagoneer lease. This large SUV has a starting MSRP of $60,995.

Always remember, when you need the lowest possible lease price or excellent lease process, contact VIP Auto Lease, 1204 Hylan Blvd, Staten Island, NY 10305

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