Jeep is offering an attractive 0% APR financing deal for up to 72 months on its fully electric Wagoneer S SUV, with the promotion running through December 2, 2024. The offer, aimed at bolstering EV adoption, is available to buyers in the Central, Southern, and Northeastern US, with indications it may also extend to the West Coast.
The 2024 Jeep Wagoneer S EV combines off-road prowess with advanced electric performance. Equipped with a dual-motor setup delivering up to 600 horsepower, the SUV boasts a range exceeding 300 miles on a full charge. Its acceleration matches its power, with an estimated 0-60 mph time of just 3.5 seconds.
The 0% financing could mean substantial savings for buyers. For instance, financing the Wagoneer S EV, priced at $70,795 MSRP, under a typical six-year loan at 7% APR would add nearly $16,000 in interest. With Jeepās offer, those additional costs are eliminated, making the EV a compelling choice compared to alternatives like the 2024 Jeep Wagoneer, which carries a 3.9% APR.
Jeep has steadily increased incentives for its electric and hybrid models over the past year. Earlier, the automaker introduced a $7,500 lease incentive for the Wagoneer S, and now the 0% APR financing brings it closer in affordability to models like the Grand Cherokee, which has a six-year rate of 4.9% APR. Additionally, Jeep has extended similar 0% financing options to its Grand Cherokee and Wrangler 4xe plug-in hybrid models.
Source: CarsDirect