Jeep Wagoneer S all-electric SUV to launch with a $7,500 lease discount

Jeep’s first fully electric vehicle in the US will debut with a $7,500 discount as the rugged SUV brand looks to compete with Tesla. The Jeep Wagoneer S will launch this fall with a $7,500 lease discount, making it more competitive with Tesla’s top-selling Model Y. Which electric SUV are you going with?

Meet Jeep’s first global EV

Jeep took the sheets off its first global electric SUV, the Wagoneer S, late last month as it looks toward a new chapter.

The Jeep Wagoneer S features a range of over 300 miles, a luxurious, tech-oriented interior, and fast charging capabilities. Powered by a 100 kWh battery, Jeep’s electric SUV can charge from 20% to 80% in 23 minutes.

Jeep’s Wagoneer S is “Distinctively a Jeep and 100% electric in every way,” according to Jeep’s CEO Antonio Filosa.

You will notice several signature design upgrades for the electric era, including a reimagined seven-slot closed grille.

Although it’s built on Stellantis’ STLA Large platform, which is expected to underpin the electric Dodge Charger, Jeep designers modified it specifically for the Wagoneer S.

On the inside, Jeep packed its latest software and connectivity tech. The Wagoneer S Launch Edition includes a massive “best-in-class” display with 45″ of space. This includes a 10.25″ interactive passenger screen.

Jeep Wagoneer S Launch Edition Radar Red interior (Source: Jeep)

Jeep aims Wagoneer S at Tesla with new lease deal

Jeep believes its first electric SUV in the US can steal some of the spotlight from Tesla’s best-selling Model Y.

Filosa told Automotive News earlier this month, “Something like 100% will be conquested,” referring to Jeeps Wagoneer S and Recon EVs.

Jeep Wagoneer S Launch Edition (Source: Jeep)

“The brands we are targeting are mainly Tesla… but there are many others,” Jeep’s leader explained.

According to online auto research firm CarsDirect, the Jeep Wagoneer S will hit the market with a $7,500 lease discount.

Jeep Wagoneer S Launch Edition (Source: Jeep)

Although Jeep has yet to reveal lease deals on the new EV, they are expected to be revealed soon. Dealers in 12 states were notified last week of the new offer through Stellantis Financial Services.

Jeep’s Wagoneer S Launch Edition will begin arriving at US dealerships this fall, starting at $71,995.

Jeep Wagoneer S vs Tesla Model Y Starting Price Range
Jeep Wagoneer S Launch Edition $71,995 +300 miles
Tesla Model Y RWD $44,990 320 miles
Tesla Model Y AWD $47,990 308 miles
Tesla Model Y AWD Performance $51,490 279 miles
Jeep Wagoneer S Launch Edition vs Tesla Model Y

Tesla’s RWD Model Y starts at $44,900 with up to 320 miles range. With the tax credit, the Model Y starts at just $37,490. The AWD version costs $47,990 with up to 308 miles range.

Other potential competitors include the Rivian R1S ($76,700), Porsche Macan Electric ($80,450), and Audi Q8 e-tron ($75,595). It will also compete with lower-priced models like the Hyundai IONIQ 5, starting at $41,800.

Which electric SUV are you going with? The Tesla Model Y or Jeep Wagoneer S?

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