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JK Talk General discussion forum regarding thoughts, opinions and rumors about the Jeep JK Wrangler or related subjects that don't quite fit in the Modified, Stock or Electronics forums.

Lease turn in

Old Oct 17, 2012 | 03:04 PM
  #1  
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Default Lease turn in

Has anyone recently turned in a JK from a lease with some mods (lift, tires, wheels)?

Got a great deal on a 13 lease and the dealer said they would look at the mods at increasing value. This may be a sales pitch, bit they are a lift friendly dealer.

Trying to determine if I should figure on returning to stock in three years when turning in. I know I can always buy it at lease end and sell myself or then trade in.
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Old Oct 17, 2012 | 04:48 PM
  #2  
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More than likely just feeding you a line to get the sale... depending on the mod they could lower the value of your jeep at trade time. If you are planning on modding you should look to do a purchase instead of a lease.
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Old Oct 17, 2012 | 04:54 PM
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Yep x2 to that buy it. Its a better way to go.
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Old Oct 17, 2012 | 07:10 PM
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Buy, buy, buy!
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Old Oct 18, 2012 | 03:36 AM
  #5  
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Agree I would just buy if you plan to mod. If you lease and decide to buy at the end then all your doing is paying for the same vehicle twice. Buy it ,mod it and have fun with it.
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Old Oct 18, 2012 | 04:59 AM
  #6  
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Bought my 2008 from somebody who had leased it and ended up stealing the jeep with 17K of highway miles no mods though but definately loaded and almost brand new. Keep your mods if you can take them off and sell them or use them again and buy the vehicle if you can.
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Old Oct 18, 2012 | 12:16 PM
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Anyone have experience buying a lease after adding mods? Any issues/penalties for modding while leasing even if you buy it? I wouldn't think so but was wondering if anyone else has done this.
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Old Oct 18, 2012 | 01:16 PM
  #8  
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I would pull the mods and sell them, or swap them to the new one. They won't give you anything for the mods
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Old Oct 18, 2012 | 01:17 PM
  #9  
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Originally Posted by wrenglejr
Got a great deal on a 13 lease and the dealer said they would look at the mods at increasing value.
Your dealer is full of it. Mods have absolutely no resale value whatsoever. Furthermore, the value of any vehicle you purchase or lease will never increase. Ever. Once you take a new vehicle off the lot, it immediately loses between 8 and 15% of its original purchase value on depreciation. However, the beauty of the Jeep Wrangler is that it doesn't depreciate more than that for the next few years as long as you don't pile too many miles on the engine.

If you're leasing with the thought of possibly buying when you're done, you're really better off just buying now.
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Old Oct 19, 2012 | 09:19 AM
  #10  
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I used to lease grand Cherokees with the v8 as a company car, new one every three years, anything you add at best gives you zero benefit and often can cost you money for them to remove it.

Matthew
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