Should you Buy a Hybrid Jeep Wrangler in Canada?
Should you Buy a Hybrid Jeep Wrangler in Canada?
Posted on October 10, 2022
If you are in the market for a new car but not ready to make the switch to an EV, you should consider switching over to a hybrid; a hybrid combines the best of both worlds.
The money-saving benefits of electric and the reliability of gasoline when charging stations are not an option.
Not all hybrid vehicles are suitable, but you might want to consider buying a Hybrid Jeep Wrangler..
The Jeep Wrangler 4-XE is one of the most popular hybrids in Canada. This should come as no surprise; Jeep is a brand that has proved itself the premier choice when it comes to rugged reliability.
Most Canadians are of the opinion that if you get a hybrid, you will sacrifice performance, but nothing could be further from the truth; in fact, the latest Hybrid Jeep Wrangler is capable of doing everything you would expect from a Jeep and more.
The electric motors provide instant torque, so you have all the power you could ever need when trying to traverse over steep inclines, all without having to burn a drop of gasoline.
Key Things to Consider Before Purchasing Any Vehicle
The Canadian economy is in a fragile state, with inflation reaching runaway speed, the Trudeau Government and Bank of Canada are facing an uphill struggle.
Bank of Canada lending rate
The Bank of Canada is raising interest rates to slow inflation, but the Trudeau Government is printing money to provide inflation relief to Canadians.
All of this monetary activity is going to cause a recession in 2023; the question you need to ask yourself is whether you are on a solid enough financial footing to buy a hybrid Jeep Wrangler in Canada and withstand a recession.
To determine this, take a look at your finances. Do you have enough money in your budget to afford a newer vehicle?
If your budget is right at the edge, you should revise your budget and find extra cash to pay down any extra debt you are carrying.
This debt is costing you a considerable amount of interest, so you need to reduce that.
Along with reducing debt, it would be wise to take on additional sources of income; since the pandemic, a growing number of Canadians have started side hustles, and you can too.
By having multiple streams of income, you are less likely to be hurt by a recession.
Getting the Right Car Buying Advice
You should make it a priority to speak with a local Jeep dealership and discuss your car-buying options.
The local dealership will take its time to understand your situation and determine what loan solutions best meet your needs.
After you have spoken with the Jeep dealership and taken the new Jeep Wrangler hybrid for a drive, you will be able to make a truly informed decision, so why not contact the dealership today?
Contact us to buy a hybrid Jeep Wrangler in Canada or get pre-approved today, we can help!