To Lease or Not to Lease? That is the question...

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  • เผยแพร่เมื่อ 15 พ.ย. 2024

ความคิดเห็น • 27

  • @bryanthompson12
    @bryanthompson12 2 ปีที่แล้ว +1

    7:49 - can someone explain option #5. I've been leasing for years and have never known about this option...

  • @MrCocg1
    @MrCocg1 3 ปีที่แล้ว

    Back in '06 our dealer had a system in place dubbed "The better Way".. Essentially a descriptive way of what was done here using 5k increments already printed out for example portrayal.. Comparison side by side.. Our leasing percentages went up dramatically..!!

  • @mitchrich6
    @mitchrich6 ปีที่แล้ว

    1:10 I miss some of those videos where the customer is helped select a better vehicle.
    Pity they were removed or hidden.
    Should leave that video on for those who choose that route.

  • @mopar21
    @mopar21 5 ปีที่แล้ว +6

    Fleece

  • @Solomon_Gamess
    @Solomon_Gamess 6 ปีที่แล้ว +1

    You gain equity in the vehicle by making payments right?

    • @SteveRichardsredzonestudents
      @SteveRichardsredzonestudents  6 ปีที่แล้ว +3

      @Logan Scheffler - yes. Equity is defined as the difference between what you owe on the vehicle and the market value of the vehicle.

    • @mopar21
      @mopar21 5 ปีที่แล้ว +2

      Not always, depends on money factor. Leases are the worst and most expensive means of financing a automobile. Interest rates are not disclosed as stealerships are not required to by law as they are with a traditional financed purchase.

  • @Rubenplat
    @Rubenplat 5 ปีที่แล้ว +2

    Not to be a stickler but.... the word "lease" was used @ 8:16

    • @SLC-Smudge42
      @SLC-Smudge42 3 ปีที่แล้ว +1

      Ahhh you beat me to it!

  • @jaydee5447
    @jaydee5447 6 ปีที่แล้ว +6

    Please view Dave Ramsey leasing vehicles!!!

    • @SteveRichardsredzonestudents
      @SteveRichardsredzonestudents  6 ปีที่แล้ว +2

      Jay Dee - Dave knows everything? Not.

    • @williamlackey123
      @williamlackey123 6 ปีที่แล้ว +3

      Jay Dee Dave has some good stuff if you’re poor and don’t know shit about finance.... but thats it.

    • @strikevipermkII
      @strikevipermkII 6 ปีที่แล้ว +1

      @@SteveRichardsredzonestudents He's right on some things about leasing, as are you, but it does have things you didn't mention, like a wear and tear policy, mileage limit, no modification policy (no adding things that weren't on it when it was on the showroom floor), and the fact that it does sometimes cost more if you continuously lease a new car every time. What that cost gets you is the stuff you mentioned, more cash and more options.

    • @parkeringersoll973
      @parkeringersoll973 5 ปีที่แล้ว +1

      @@williamlackey123 I agree. His whole buy a cheap car that you can pay cash for is nonsense, I love how he states oh you have a $1000 car then you pay cash and have a $1500 repair now you have a $2500 car.. No you have a car thats still $1000 car. And he talks about how you can keep upgrading as you can pay cash.. Hmm what about all of the expenses with a vehicle and lets see I buy a car for $7000 at a dealer and pay cash what can I sell it for 6 months later?
      Buy what you can afford.

    • @mopar21
      @mopar21 5 ปีที่แล้ว +1

      @@SteveRichardsredzonestudents lol says the king bullshitter 😏🤦‍♂️

  • @lianasamkova1230
    @lianasamkova1230 2 ปีที่แล้ว

    Never lease Japanese cars!!!!Rule number 1