Jeep is offering 0% financing for 72 months on the 2024 Wagoneer S EV – but if you want one, don’t wait because it’s only until December 2.
This financing offer is available for buyers in the Central, Southern, and Northeastern US, with indications that it may also be available on the West Coast.
The Jeep Wagoneer S EV is a fully electric SUV with a range of 300+ miles on a full charge and a dual-motor setup that delivers up to 600 horsepower. It’s designed to be an electric off-roader with performance capabilities, including an estimated 0-60 mph time of 3.5 seconds.
The 0% APR deal could lead to significant savings. For instance, a typical 6-year loan at 7% APR on a $70,000 vehicle (MSRP on the Jeep Wagoneer S EV is $70,795) would add nearly $16,000 in interest. With Jeep’s 0% financing, those costs are avoided, making it a notable option compared to the 3.9% rate on the 2024 Jeep Wagoneer.
Jeep has been increasing incentives on the Wagoneer S over the past year. Earlier this year, the brand added a $7,500 lease incentive. Now, with the 0% financing offer, the Wagoneer S could potentially undercut the 2024 Grand Cherokee. Chrysler Capital’s six-year interest rate for the Grand Cherokee is 4.9% APR, which could make a $40,000 Grand Cherokee cost $46,000.
The 0% APR offer also matches Jeep’s financing deals on the 4xe plug-in hybrid versions of the Grand Cherokee and Wrangler, which have been available since last month. These incentives suggest Jeep is aiming to make its electric and hybrid models more accessible to interested buyers.
Source – CarsDirect
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