Jeep announced that the Jeep Wagoneer S will launch this fall with a $7,500 lease discount. It is Jeep’s first fully electric vehicle in the U.S. that will debut with a $7,500 discount as the rugged SUV brand looks to compete with Tesla. Discounted price of the EV makes it more competitive with Tesla’s top-selling Model Y.
Let’s Meet The First Jeep Wagoneer S Global EV
Jeep introduced the Wagoneer S, its first global electric SUV last month. The coming EV will produce an impressive 600 hp and 617 lb-ft of torque and will reach 0-60 mp in just 3.4 seconds. For the range conscious, the EV will expect to reach over 300 miles of range. Also to make it a powerful EV the brand has provided a 400V, 100kWh battery that can charge from 20% to 80% in 23 minutes DC fast charging only.
According to Jeep’s CEO Antonio Filosa, “Jeep Wagoneer S is distinctively a jeep and 100% electric in every way. Built on the STLA Platform with some modified features like length, width, suspension and powertrain the Wagoneer S is literally a great EV in the series. Also designed by Stellantis, electric drive modules provide instant torque independently of the front and rear wheels.
The interior of the Jeep also shows the eye-catching pack of new tech, innovation and luxury. A wine red-stitched steering wheel with a flat-bottom design will give you the thrive of sporty interior. Also a wide screen with more than 45-inch usable space that also includes an 10.25-inch interactive screen exclusively made for front passengers. Display also shows the charge level, battery health and available power.
Other impressive features are an electronic door opened with touch of a thumb, UConnect 5, a 19 speaker Mclntosh premium audio system for experiencing a 1,160 watt amp and 12-inch subwoofer. Jeep also claims the Wagoneer S is the only EV in its segment to have standard heated and exclusive standard ventilated rear seats.
Jeep Challenges Tesla with Its Wagoneer S Electric SUV
Jeep is making a bold mode in the electric vehicle (EV) market with the aim to capture some of the spotlight from Tesla’s best-selling Model Y with it’s first electric SUV- the Wagoneer S in the U.S.
Earlier this month, Jeep’s leader, Filosa, expressed confidence in the brand’s ability to compete in the EV market. He told Automotive News, “Something like 100% will be conquested,” referring to the potential buyers of Jeep’s Wagoneer S and Recon EVs. He further emphasized that the primary target for these new models is Tesla, among other brands.
According to online auto research firm CarsDirect, the Jeep Wagoneer S will debut with a substantial $7,500 lease discount. Although Jeep has yet to officially announce the specific lease deals for the new EV, they are expected to be unveiled soon. Dealers across 12 states were informed of the new offer through Stellantis Financial Services last week.
Also the Jeep’s Wagoneer S Launch Edition will begin arriving at US dealership this fall, starting at $71,995.
Vehicle Model | 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 |
Tesla’s RWD Model Y starts at $44,990 and offers a range of up to 320 miles. Factoring in the federal tax credit, the starting price drops to $37,490. The AWD version of the Model Y costs $47,990 and provides a range of 308 miles.
Other notable competitors in the premium electric SUV market include the Rivian R1S ($76,700), Porsche Macan Electric ($80,450), and Audi Q8 e-tron ($75,595). The Wagoneer S will also face competition from more affordable models like the Hyundai IONIQ 5, starting at $41,800.