How To Lease A Car In 2024 ($0 Down)

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  • เผยแพร่เมื่อ 28 ธ.ค. 2020
  • Author of "From Side Hustle To Main Hustle To Millionaire" (Available at B&N, Amazon, Library)
    My Book: sidehustlebook.info
    Start Investing Today: ryanoscribner.com/start
    DISCLAIMER: Ryan Scribner, including but not limited to any guests appearing in his videos, are not financial/investment advisors, brokers, or dealers. They are solely sharing their personal experience and opinions; therefore, all strategies, tips, suggestions, and recommendations shared are solely for entertainment purposes. There are financial risks associated with investing, and Ryan Scribner’s results are not typical; therefore, do not act or refrain from acting based on any information conveyed in this video, webpage, and/or external hyperlinks. For investment advice please seek the counsel of a financial/investment advisor(s); and conduct your own due diligence.
    AFFILIATE DISCLOSURE: Some of the links on this webpage are affiliate links, meaning, at no additional cost to you, we may earn a commission if you click through and make a purchase and/or subscribe. However, this does not impact our opinions and comparisons.

ความคิดเห็น • 520

  • @RyanScribner
    @RyanScribner  3 หลายเดือนก่อน

    Author of "From Side Hustle To Main Hustle To Millionaire" (Available at B&N, Amazon, Library)
    My Book: sidehustlebook.info

  • @KevinRuizContreras
    @KevinRuizContreras 3 ปีที่แล้ว +253

    Video starts at 5:18

  • @evan9536
    @evan9536 2 ปีที่แล้ว +87

    As someone who works from home, this really helped. Given that I have no commute, I’ll use lower km’s/year as a big bargaining point. I was always under the impression that leasing never leaves you a winner, but I think I can make a case in my scenario.

    • @pearlivory3483
      @pearlivory3483 2 ปีที่แล้ว +6

      Business owner. I work from home with occasional trips to clients (mobile notary and accountant). Leasing made sense for the moment.

  • @jt2428
    @jt2428 2 ปีที่แล้ว +5

    I think it’s really nice that you care about your viewers/subscribes by having them aware of scammers, most don’t disclaim that, by the way great video this helped me lot thank you

  • @wyatthedine7503
    @wyatthedine7503 3 ปีที่แล้ว +24

    I want to say I watched this from start to finish and it was very informative so thank you Ryan, I learned some things about leasing! I’m not one to lease a vehicle (even if it is $0 down) but for someone who is inclined to do that, I’m sure that what you did with screen-sharing your convo with the broker would be especially helpful!

  • @darrylkeith57
    @darrylkeith57 2 ปีที่แล้ว +3

    I took a lot of notes and you brought a lot of clarity to many questions. Kudos for posting this

  • @bongm6039
    @bongm6039 2 ปีที่แล้ว +48

    Very informative video! Finally somebody who actually explained the essentials of leasing in a clear way. Thumbs up to you!

    • @Shakashack2022
      @Shakashack2022 11 วันที่ผ่านมา

      Agreed. Best thorough explanation! Same basic info for today’s 2024 market, eventhough filmed 3 years ago. 😂

  • @LilmissBooker
    @LilmissBooker 3 ปีที่แล้ว +7

    OMG thank you, just thank you! You were so easy to listen to. Very informative, and I appreciate you!!

  • @airraid23
    @airraid23 2 ปีที่แล้ว +2

    One of the best videos. Thank you for sharing! Super helpful and timely for me.

  • @patouwhale
    @patouwhale 2 ปีที่แล้ว +13

    Sales tax is another key factor to consider. Most states charge sales tax only on the down payment, the monthly depreciation, and the eventual buy-out, versus paying sales tax on the entire purchase price when buying.

  • @jimcui4517
    @jimcui4517 2 ปีที่แล้ว +4

    the best lease advice i got so far. thanks

  • @thewealthwarren6940
    @thewealthwarren6940 3 ปีที่แล้ว +193

    I've leased a car for the last year and has been BY FAR more cost effective than buying a car and owning. Will continue to lease for the foreseeable future

    • @geneclover7748
      @geneclover7748 3 ปีที่แล้ว +6

      Can I ask how ?

    • @JustAbe1020
      @JustAbe1020 3 ปีที่แล้ว +3

      how? plz explain?

    • @MikaeIe90
      @MikaeIe90 2 ปีที่แล้ว +12

      @@geneclover7748 I’m going to assume the low monthly payments and the included car maintenance. Depending on the vehicle he’s driving new, might also be getting real good MPG on the road and saving on gas as well.

    • @josryder7841
      @josryder7841 2 ปีที่แล้ว +56

      💯unless you can afford to pay for a car in its totality a lease is the way to save money. We ALL know the minute you finish paying on your financed car it starts to give problems that require money to fix🤣

    • @reece758
      @reece758 2 ปีที่แล้ว +4

      @Gas Pack has something changed in 11 years? I leased a 2010 Honda Accord and definitely had to pay for maintenance and repairs.

  • @jessefung9688
    @jessefung9688 3 ปีที่แล้ว +25

    Been leasing cars as a job for a few years! Great tips for the public Ryan! Hope one day I can inspire my followers like this. 👏👏

  • @rs6578
    @rs6578 2 ปีที่แล้ว +2

    Great video right on the point. Keep up the good work!

  • @GenX358
    @GenX358 ปีที่แล้ว +2

    Very well thought out and presented! I enjoyed listening to you AND I was enriched with knowledge and understanding of this subject! Thank you for your time!!!✍🏽👏🏽👊🏽

  • @edgenovese
    @edgenovese 3 ปีที่แล้ว +32

    This was the perfect video at the perfect time. Clear and easy to understand~ 1st time leaser... Great job!

    • @666dynomax
      @666dynomax 2 ปีที่แล้ว

      dont lease

    • @Shakashack2022
      @Shakashack2022 11 วันที่ผ่านมา

      Hello. Shopping now in 2024, in addition to his video, do you have new helpful tips? Thanks.

  • @wesjewell8778
    @wesjewell8778 ปีที่แล้ว +3

    I’m 18 and looking to gather information on payments and leasing vehicles as I get older and grow my business. This helps the most! Great video

  • @paulamcneeley148
    @paulamcneeley148 ปีที่แล้ว +6

    Thank you, our car broke down and usually we just rush out and buy something, since my husband hates car hunting. I was trying to see if leasing had any wiggle room on monthly payments. You gave me not only that answer but alot of other things I never understood or thought about dealing with leasing, verses buying. Thank you so very much.

  • @azjimmy
    @azjimmy ปีที่แล้ว +2

    Good information. Liked the way you went over the whole process.

  • @naradpaudel2751
    @naradpaudel2751 2 ปีที่แล้ว +3

    thoroughly researched materials I appreciate the effort Mr Ryan

  • @johns6559
    @johns6559 2 ปีที่แล้ว +4

    Great explanation of leasing a car. Thanks. This was very helpful. Hope to use what I learned from you and put to practice soon

    • @Shakashack2022
      @Shakashack2022 11 วันที่ผ่านมา

      Hello. Curious, 2 yrs later, did this video help you at the dealership? Shopping now, tips to know? Thanks.

  • @lovelyeyessee
    @lovelyeyessee 2 ปีที่แล้ว +1

    thanks, watched video without distractions -as instructed.
    i feel i have a good starting point on this leasing business, now.

  • @LietSayri
    @LietSayri 2 ปีที่แล้ว +2

    That was so helpful. Thank you for this guide, it demystified an intimidating process for a new leaser!

    • @Shakashack2022
      @Shakashack2022 11 วันที่ผ่านมา

      Hello. Did you use his advice at the dealership? Shopping now, helpful tips? Thanks.

  • @kelseyszn8270
    @kelseyszn8270 6 หลายเดือนก่อน +11

    This was very helpful and I’m glad you started from the very beginning on even the difference between lease and buying. Newly grad, no car buying experience and a woman on top of that, I fully expect for the dealerships to try to swindle me.

    • @Thegaoat
      @Thegaoat 2 หลายเดือนก่อน +1

      Get a Tesla the price is set.

  • @MsAalston
    @MsAalston 3 ปีที่แล้ว +3

    Thank you for this. You always provide valuable information.

    • @MsAalston
      @MsAalston 3 ปีที่แล้ว +1

      I took 2 pages of notes, I feel more confident leasing a vehicle

  • @sunnydaze5674
    @sunnydaze5674 2 ปีที่แล้ว +4

    Great video and so in-depth. I’ve been considering leasing a car because I’d love to have a newer car.

  • @authenticchatbox2827
    @authenticchatbox2827 ปีที่แล้ว +3

    Dude this has been so helpful and very impactful I’m in a sticky situation right now and some one recommended me to lease a car and when I start searching you came and broke everything down i will still take my time to make I have everything correct but the resources and information you gave was spot on and very understandable

  • @formula1555
    @formula1555 2 ปีที่แล้ว +1

    This helped me so much! Thanks Ryan.

  • @monicaanderson3144
    @monicaanderson3144 ปีที่แล้ว +1

    I really loved how you broke things down . I gave me hope👍🏼

  • @moowam1
    @moowam1 2 ปีที่แล้ว +4

    I am not even in the US but found many of the pointers great in understanding how leasing works and whether it would work for me as I am living in a country different from my own.
    So clearly explained too - I was able to clean my kitchen as I listened to your video and I def learnt a lot...
    thanks

    • @thebobsmith1991
      @thebobsmith1991 2 ปีที่แล้ว +1

      Please listen to it again while cleaning my kitchen 😆

  • @karen4415
    @karen4415 ปีที่แล้ว +1

    Best explanation ever, it will be my instruction for the next car 🤗

  • @fahdk6939
    @fahdk6939 2 ปีที่แล้ว +1

    Great vid, very informative 👍🏼

  • @QueenV90z
    @QueenV90z 3 ปีที่แล้ว +3

    Thanks for the video. My car lease is up soon and no idea what to get next.

  • @geegee4909
    @geegee4909 3 ปีที่แล้ว +11

    This has to be the most educational video I’ve came across. All in one video!! THANK YOU! I’m planning to lease a car in a couple of months but didn’t want to go in blind sided. Thank you thank you!

  • @marilynm9100
    @marilynm9100 2 ปีที่แล้ว +2

    Thank you Ryan! Excellent! So helpful!

  • @Shunpall
    @Shunpall ปีที่แล้ว +2

    Best video on car leasing so far! Thank you sir!!!

  • @thejazziest2212
    @thejazziest2212 2 ปีที่แล้ว +1

    This was super helpful!! Thank you!

  • @PH1M0
    @PH1M0 3 ปีที่แล้ว +1

    Great explanation 👏

  • @Nsuave11
    @Nsuave11 2 ปีที่แล้ว +7

    Great video Man… I took notes and I feel more than equipped to go to my dealer to discuss my lease. Thank you so much for putting this together.

  • @edwardmorris8141
    @edwardmorris8141 2 ปีที่แล้ว +3

    Thank you so much...I took notes throughout the whole video!

  • @robertlyon4804
    @robertlyon4804 5 หลายเดือนก่อน +1

    Great video young man. You have made up my mind about buying versus leasing . Thanks a lot.

  • @manoklual1117
    @manoklual1117 ปีที่แล้ว +1

    I’m 18 planning on leasing a car this video helps a lot and give me a better insight on leasing a car I really appreciate it💯

  • @nycohd4147
    @nycohd4147 2 ปีที่แล้ว +1

    I’m only 4 minutes in bro and I appreciate you saying what you said I’m watching and paying attention full on 💪🏾

  • @karenfox2830
    @karenfox2830 2 ปีที่แล้ว +1

    Very helpful, thx even though it was over my head in much of the info but I will explore a lot of your terms. Great job.

  • @BrooklynCashmere
    @BrooklynCashmere 2 ปีที่แล้ว +2

    Great information! Does this guide apply to a leasing for a business/TRAC leasing?

  • @software-sage
    @software-sage ปีที่แล้ว +1

    Very informative video. Thank you Ryan.

  • @kimp.e.8171
    @kimp.e.8171 8 หลายเดือนก่อน +1

    Thanks, Ryan! You helped SO MUCH!

    • @RyanScribner
      @RyanScribner  8 หลายเดือนก่อน

      Happy to help!

  • @elliyahuabramov1440
    @elliyahuabramov1440 3 ปีที่แล้ว +18

    I’m only 15 years old getting my permit soon. This helped me a ton. Thank you

    • @TradingWithCJ
      @TradingWithCJ 3 ปีที่แล้ว +3

      Starting early! Love that!

    • @Once800-
      @Once800- 3 ปีที่แล้ว +1

      Good job.

    • @brotherjoll1802
      @brotherjoll1802 2 ปีที่แล้ว

      crazy. kids be peaking young

    • @CraftyLemons
      @CraftyLemons 2 ปีที่แล้ว

      Learn to drive with an old Mazda miata or sum. Go to racetracks and pay money or find empty parking lots to just fuck around and do donuts and drift and learn to control your car. Like really learn to drive good and practice for a few years b4 getting something luxury and expensive. Open credit and build your miata a bit while you save up money for a few years. You'll be driving a m4 or sti or hellcat or something sweet while all your peers drive common volkswagons and civics and corollas lol. You'll be like 18 big pimpin my dude

  • @dallasdandigitalproduction393
    @dallasdandigitalproduction393 3 ปีที่แล้ว +9

    Nice job with this tutorial. Very easy to understand. Ive never leased , but now i feel a little better able to do so if i ever need to. Cheers...

  • @firstladyj1149
    @firstladyj1149 2 ปีที่แล้ว +2

    Thank You I Learned Something New Today 🦋

  • @Simsim3e
    @Simsim3e ปีที่แล้ว +1

    I grabbed a seltzer! Nixie Strawberry hibiscus is one of my favorites. Thank you for the helpful information!

  • @liviamussi6444
    @liviamussi6444 2 ปีที่แล้ว +1

    So so so so soooooo helpful 🙌

  • @andrewcha1528
    @andrewcha1528 3 ปีที่แล้ว +23

    New to lease and happy to find this amazing lecture. Worth thousands dollar. Thanks Ryan. Subscribed and see you in next 3 years lol

    • @lazstan
      @lazstan 2 ปีที่แล้ว

      @andrew Cha....worth thousands.... To the dealerships profits

    • @AbdelFlix
      @AbdelFlix ปีที่แล้ว

      @@lazstan please stop arguing, when what you're saying is false and you completely missed the point of the video!

  • @HeyMariahAnne
    @HeyMariahAnne ปีที่แล้ว +1

    This is amazing 🙌🏼🙌🏼🙌🏼

  • @farrahsalazar7502
    @farrahsalazar7502 2 ปีที่แล้ว +2

    wow! this video was incredibly
    helpful! you shouldve taught all my college classes 😭

  • @restorethafeelin
    @restorethafeelin 2 ปีที่แล้ว +1

    Thank You! Very Helpful!

  • @1986Mrmatrix
    @1986Mrmatrix 3 ปีที่แล้ว +1

    WE LOVE YOU RYAN👍👍👍👍

  • @santhoshnaidu8444
    @santhoshnaidu8444 ปีที่แล้ว +1

    Really good video. lot of information covered

  • @SandureKrovet
    @SandureKrovet 2 ปีที่แล้ว +8

    I only drive 17-35 miles to work, I think this will be a good option for me

  • @iwannacutube
    @iwannacutube ปีที่แล้ว +18

    The money factor indicates the interest you will pay on a lease. It's used to determine the finance fees on a lease with monthly payments. Great video thanks!

    • @wolfrig2000
      @wolfrig2000 10 หลายเดือนก่อน +1

      You pay no interest on a lease. It's not a purchase. You're just renting the car.

    • @kdub175
      @kdub175 4 หลายเดือนก่อน

      @@wolfrig2000you pay interest on your loan, you’re financing the amount needed to cover the depreciation, tax, and fees. $25,000 Car sale with a 63% residual, says the car buyout in 36 months is $15,750. So this means 37% depreciation is $9250 which is the portion you’re (“renting”) buying. Add on any tax and fees. your loan APR/ money factor will impact this amount.

    • @Shakashack2022
      @Shakashack2022 11 วันที่ผ่านมา

      @@wolfrig2000 If “interested” (pun intended 😊), here’s a short explanation of the money factor / buy rate for leasing. Yup, there’s a profit to be made in leasing too with interest rates. th-cam.com/users/shortsmAHzvXetQ4I?si=CFvukiSdboWTJIxS

  • @tarotwithlyramoon
    @tarotwithlyramoon ปีที่แล้ว +1

    Fantastic vid! Very helpful!!!

  • @rubenrubinos982
    @rubenrubinos982 2 ปีที่แล้ว +1

    TY For All The Information. I wish I would have known this sooner.

  • @tonycadiz891
    @tonycadiz891 4 หลายเดือนก่อน +1

    The best video out there! Thanks

  • @crimzontides
    @crimzontides 2 ปีที่แล้ว +1

    Great educational video! Thank you

  • @Caesar__99
    @Caesar__99 2 ปีที่แล้ว +1

    This was beautiful. Thanks alot

  • @damanyconde7385
    @damanyconde7385 11 หลายเดือนก่อน +1

    This was a great video bro thank you

  • @sdp5368
    @sdp5368 2 ปีที่แล้ว +1

    Loved this video truly thank you

  • @deborahfisher2427
    @deborahfisher2427 2 ปีที่แล้ว +5

    I'm looking to lease a Honda Civic this weekend. I am so happy I watched this video beforehand. Now I have a clearer understanding to guide me through the dealership experience!

    • @DanielCruz-js4oh
      @DanielCruz-js4oh 2 ปีที่แล้ว

      Did you get the civic ?

    • @deborahfisher2427
      @deborahfisher2427 2 ปีที่แล้ว

      @@DanielCruz-js4oh Unfortunately I did not. I was oblivious to the current low supply/inventory crisis world. Thanks for checking.

    • @DanielCruz-js4oh
      @DanielCruz-js4oh 2 ปีที่แล้ว

      @@deborahfisher2427 We have 0 mark ups at the honda dealership where I work are you willing to do MSRP ?

    • @deborahfisher2427
      @deborahfisher2427 2 ปีที่แล้ว

      @@DanielCruz-js4oh I think I will check again in the spring.

    • @DanielCruz-js4oh
      @DanielCruz-js4oh 2 ปีที่แล้ว

      @@deborahfisher2427 okay ,I work in sales in Findlay Honda Henderson if you want to do just MSRP.

  • @davidjondoh8671
    @davidjondoh8671 ปีที่แล้ว +2

    Great video Ryan. I was shocked to see that we share the same last name!
    All the best to you!

  • @joesantos7196
    @joesantos7196 2 ปีที่แล้ว +1

    Thank you Ryan. Very Informative and refresher video. I am about to lease another car for the 2nd time lol.

  • @djalixer
    @djalixer 2 ปีที่แล้ว +1

    Thanks for posting

  • @ArrickthaRed
    @ArrickthaRed 3 ปีที่แล้ว +19

    I lease all the time. This video was very helpful in preparing me for my next lease. The dealer doesn't stand a chance.

  • @juliamckennon111
    @juliamckennon111 ปีที่แล้ว +1

    this video is going to help me save money and make the process much smoother! Thank you!

  • @naveendutta
    @naveendutta ปีที่แล้ว +1

    Great video, its very helpful

  • @Lizzie1070
    @Lizzie1070 5 หลายเดือนก่อน +1

    Thank you! Very helpful 🎉

  • @str1vestream291
    @str1vestream291 2 ปีที่แล้ว +1

    great information, thanks!

  • @user-ty3dk7cd8e
    @user-ty3dk7cd8e 8 หลายเดือนก่อน

    Best email about leasing! 👏🏻

  • @tommedvedich
    @tommedvedich 2 ปีที่แล้ว +10

    man this was absolutely awesome. took so much confusion out of this! I've leased 2 vehicles basically blindly and i'm about to do my 3rd... but this time with some knowledge!

    • @gaunle6542
      @gaunle6542 2 ปีที่แล้ว

      @Null nopee you will use alot of miles for that and leasing is not for high milage driving.

  • @Je.rone_
    @Je.rone_ 3 ปีที่แล้ว +3

    I feel like I haven't been seeing you as much as far as uploads😃

  • @thecasual4880
    @thecasual4880 9 หลายเดือนก่อน +2

    My boy just update the year each year, great idea. It's also for people who know you're wasting your money on anything aside from a toyota or Honda but can't afford to buy, so you can lease whatever you want.

  • @JoseGarcia-oo4mc
    @JoseGarcia-oo4mc 2 ปีที่แล้ว +1

    Excellent video thanks

  • @shawns717
    @shawns717 ปีที่แล้ว +1

    Thank you Ryan!

  • @dexterfurman9118
    @dexterfurman9118 2 ปีที่แล้ว +1

    Excellent video. Thanks.

  • @bigjdm5460
    @bigjdm5460 2 ปีที่แล้ว +8

    have a great score, check the tier one money factor , hopefully the car has a solid residual. BUT IF ITS A CAR IN HIGH DEMAND AND INVENTORY IS LOW. YOUR NOT GETTING A DEAL PERIOD

  • @pcardenas1
    @pcardenas1 2 ปีที่แล้ว +1

    Good video thank you 😊

  • @sajaalgburi3479
    @sajaalgburi3479 3 ปีที่แล้ว

    Thanks a lot for making this video :)

  • @jayk8695
    @jayk8695 ปีที่แล้ว +11

    Ryan this is absolutely worth the watch. I’ve learned so much and now feel I’m well informed. Thank you for the time you spent researching this for us!!! 👍🏼

    • @RyanScribner
      @RyanScribner  ปีที่แล้ว +1

      Glad it was helpful!

    • @biagomes1864
      @biagomes1864 6 หลายเดือนก่อน

      ​@@RyanScribnerWould love to know more about the buy-out please

  • @jhfjhfkf
    @jhfjhfkf ปีที่แล้ว +1

    Great video, thank you!!

  • @Mac.6
    @Mac.6 3 ปีที่แล้ว

    Thanks Ryan !

  • @LM33333
    @LM33333 3 หลายเดือนก่อน +1

    Thank you. Great video and so useful.

  • @anthonynguyen5820
    @anthonynguyen5820 ปีที่แล้ว +1

    What’s a great tutorial. Thanks

  • @senthilsenthil8109
    @senthilsenthil8109 2 ปีที่แล้ว +8

    Great content! Thank you for this, Ryan!
    If you could add a little more guidance in shopping the insurance upsells, that will be great for newbies like me to gain an idea on the ballpark number that we should be spending on these.

    • @turkwendell6904
      @turkwendell6904 2 ปีที่แล้ว +2

      If you're talking about pothole insurance, paint stuff, limited damage, extended warranty and whatever else the dealership wants to throw in generally the answer is $0. Often your own insurance will cover those type of things and most of the time they're just needless money makers like VIN etching and what not. The exceptions IMO is when the offer has real value and was sincerely offered.

  • @Kxngvici
    @Kxngvici ปีที่แล้ว +1

    Dude super good video!!

  • @dariajakubowska3559
    @dariajakubowska3559 2 ปีที่แล้ว

    Very helpful. Thank u

  • @thtdudenamdbilly
    @thtdudenamdbilly 2 ปีที่แล้ว +3

    How do you use the calculator if you have a trade in with positive equity? I'm not sure how to reflect it.

  • @tomkat2290
    @tomkat2290 ปีที่แล้ว +1

    I’m looking into a Subaru, great video thanks

  • @danielyg6011
    @danielyg6011 9 หลายเดือนก่อน +1

    Great video!

  • @vivamusic87
    @vivamusic87 3 ปีที่แล้ว

    Thank you very much!!!❤️

  • @iDlorepair
    @iDlorepair 2 ปีที่แล้ว +2

    Thank you!!! I’m walking away from lease deal now lol

  • @lauraeimancoaching
    @lauraeimancoaching ปีที่แล้ว +3

    Excellent video. I learned SO much. You are awesome Ryan. Question: I am turning in my lease and leasing a newer version of the same car in Aug 2022(Subaru Crosstrek) . Cars are scarce right now. Most are leased/bought in advance before they are even delivered to the dealership. This being the case, do I have ANY room to negotiate my lease fee? It's a new world out there. Thx for any thoughts you might have.