Jeep finance deals automotive sector sentiment improved

Automotive sector sentiment improved following data showing Jeep finance deals catalyzing higher dealership turnover. Market strategists believe this could support broader consumer discretionary indexes, especially if retail sales figures confirm a rebound. For performance enthusiasts who still want to drive stick, the 2024 Subaru WRX delivers the goods. Featuring a turbocharged 271-horsepower engine, all-wheel drive, and a standard 6-speed manual, it’s a rally-inspired car built for fun. Subaru is offering 0% APR financing for 48 months on WRX models starting at $33,855. The deal is valid through June 2, 2025. According to the CFPB, Americans now carry over $1.6 trillion in auto loan debt, and loan terms of 72 to 84 months are increasingly common, even though they often leave buyers "underwater" on their loans for most of the repayment period. Financial advisors generally recommend: Keeping loan terms under 60 months, avoiding APRs over 6–7 percent unless necessary, and never financing add-ons or extended warranties unless you’ve calculated the long-term cost. There’s no indication on the term sheet of who the dealer or financier was for the proposed loan, but commenters on the clip were ready to grab their pitchforks and torches in outrage. “This should be illegal. Someone tag the repo man!” one of them wrote. Another offered that the proposed deal is another example of buyers being preyed upon: “In case anyone wondered why we need a consumer protection agency. These loans should be criminal.” And another wasn’t feeling great about the idea of making a mortgage payment for a depreciating asset on wheels, writing, “I'm not paying $131k for anything except a house and I'd do that extremely reluctantly.” Motor1 reached out to the creator via direct message and to Jeep/Stellantis via email. If we hear back, we'll be sure to update this article. Jeep finance deals advertised at sub-6% APRs are rare in the current rate climate, prompting increased market speculation about Stellantis’ potential to capture greater market share. Equity flows into auto-related ETFs grew by $45 million last week.