Concerns regarding lifting a lease
03-05-2014, 07:32 AM
#11
JK Freak
Join Date: Jan 2009
Location: Erie, PA
Posts: 896
Likes: 0
Received 0 Likes
on
0 Posts
Go for it. Here is why:
1. Wranglers hold their value. That means the residual will be lower than blue book at the end of the lease (or darn close).
2. Don't "return" your leased vehicle. "Trade" it in. Dealers can buy leased vehicles. You should have no trouble getting the buyout price on the Jeep. I've done this exact thing with every lease I've ever had (didn't lease my Jeep though, but that is for other reasons). I always went over on miles and just traded it in. No penalty.
The bigger issue you have is that a lease company will charge you for anything. You are bound to get some wear and tear. No sense in getting charged for that.
Build it up!
1. Wranglers hold their value. That means the residual will be lower than blue book at the end of the lease (or darn close).
2. Don't "return" your leased vehicle. "Trade" it in. Dealers can buy leased vehicles. You should have no trouble getting the buyout price on the Jeep. I've done this exact thing with every lease I've ever had (didn't lease my Jeep though, but that is for other reasons). I always went over on miles and just traded it in. No penalty.
The bigger issue you have is that a lease company will charge you for anything. You are bound to get some wear and tear. No sense in getting charged for that.
Build it up!
03-05-2014, 07:38 AM
#12
JK Enthusiast
Thread Starter
Thanks for the responses, guys.
After doing some more reading I am now leaning towards a Teraflex 2.5 BB w/ 5100's since it seems like the most economical choice. Inexpensive and easily reversible for when it comes time to turn in the lease but I can still run 35's and have better offroad performance. I wish I had come to this conclusion before I shelled out money for the AEV lift, I guess I was a little bit overeager at the time.
After doing some more reading I am now leaning towards a Teraflex 2.5 BB w/ 5100's since it seems like the most economical choice. Inexpensive and easily reversible for when it comes time to turn in the lease but I can still run 35's and have better offroad performance. I wish I had come to this conclusion before I shelled out money for the AEV lift, I guess I was a little bit overeager at the time.