Waiting for Jeep prices to drop? You’ll want to see the latest deal
Cars and SUVs get more expensive every year. The average new car transaction price hit $48,724 by the end of 2024. And that’s for the average vehicle, including cars. Most SUVs command even steeper prices. So Jeep fans were thrilled to see the brand offering a $10k discount on one model. But if you’re a traditionalist, you may be disappointed to know it’s the electric-only Wagoneer S.
Jeep introduced its first all-electric mass-produced SUV for the 2025 model year. The Wagoneer S is a luxury SUV built on Stellantis’ shared EV platform. The automaker seems eager for good, first year sales. It launched the EV with $7,5000 in combined incentives for leasing customers. Two important changes dial the saving up further for February.
First and foremost, Jeep is offering an additional $3,000 discount off the luxurious “Obsidian” trim of the Wagoneer S. Equally important for many buyers, Jeep is allowing buyers to stack its 0% APR financing offer with other deals–such as the $3,000 off the top trim and $7,500 off all trims.
Why is Jeep discounting the Wagoneer S?
Does this mean Jeep is having trouble selling the Wagoneer S? It’s definitely too soon to say that. Jeep claimed just 133 sales in January 2025, but that might be because none are available. This electric SUV literally just started rolling off the assembly line last month.
This discount may be because Jeep wants to ensure a strong first quarter for its first full EV. Or it may just be a good time to discount vehicles.
Traditionally, the winter months see some of the best incentives on both used and new cars. This is because car sales are slower and automakers offer discounts to get buyers in the door. New Year’s Day sees the best discounts on average, while Presidents’ Day comes in second. This latest Wagoneer S discount is part of Jeep’s Presidents’ Day incentive, but continues through March 3rd.
Curious how much a new Jeep costs these days? See all the new Jeep listings near you.
