Should I Lease or Buy a Car?
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- เผยแพร่เมื่อ 6 ก.ย. 2024
- This video explains the benefits and the pitfalls for leasing a car versus buying it. Please post your lease deals in the comments and I can double check the numbers to tell you if it is a good lease or not.
If you are not sure what car to get I can also help you find one. Just post what your requirements are in the comments. Things like: I need 4 doors, good gas mileage, and leather will help me steer you to the right car.
Here are the links I use for determining how much a lease should cost.
Lease Calculator
www.leaseguide....
Edmund's Forums for finding out how much a car should cost.
forums.edmunds....
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At the time I made this video I drove the black Mercedes CLA250 that is featured in the pictures.
It had a crazy high residual. I stayed under the mileage and handed the car back to MB after 36 months.
I had to pay about $500 when I turned it in because I wanted a different brand of car then.
Before I turned the car in I took it to car max to check its resale value. The resale value was almost $7000 below the residual. That means I saved many thousands of dollars leasing that car instead of buying it.
The actual depreciation was much higher than the leasing company had expected. They took the loss instead of me because I knew how to find a good lease.
mpgxsvcd what was your rough annual cost of the cla?
Now the real person that’ll be taking the loss will be the person who buys is as a certified pre own 😂
This is a great video for people who never lease a car before. I learnt a ton.
If you could film a video of yourself, that would make your video more genuine and trustworthy.
Could you make a video of how you negotiate with the dealers? Thanks
Bottom line it depends what you value in a vehicle. If you value the latest and greatest, have good credit, and don't drive much to put a lot of wear and tear on the car leasing is probably a better option. If you don't mind a higher monthly payment to eventually have no car payment and plan to keep the car for 10+ years then buying is likely a better option. The problem is too many Americans use a lease to acquire more car than they can really afford. They are lured in by the lower monthly payment but the problem is you will always have a car payment versus someone who buys eventually not having car payment after 3-5 years.
true but you gotta think about. after 5yrs. car payment vs maintenance once the new car gets old no more payments but the up keep kicks in ...the lease still have payments after 5yrs but car is dependable..choose one!
Koontah Kentay if your oil was changed regularly, you're car will last very long without major maintenance problems.
Wtf man, why can't shit be simple. I'll just go ahead and buy, was gong to lease until they started adding shit on
fo real! this video is like a crash course lesson you can be cheated on buying a car as well but at the same time you would have a idea far as leasing not a clue pretty soon you gonna need lawyers to buy cars
When you wreck a leased car the insurance company pays the Financial institution the remainder of the payments plus the residual of the car. You get nothing except maybe your MSDs back. However, most people don't do MSDs so that probably will not apply. I just recently had an accident where my purchased car was totaled. The insurance paid off the loan and gave me the rest of my equity back. With a leased car you never have any equity because you don't own it.
my co-worker leased a car racked it and got a new one 2 months later
Koontah Kentay so is leasing better?
+S7 Rondo if you do alot of driving probably not
Scott Paulson I’ve been doing that since right out of college. Not anymore, a couple years later, a mortgage, small family... I’m done with dealing with mechanical issues. I’m gonna lease for the first time for maybe 6 years or so. Then once my kids move out Il buy a vehicle and keep it until the wheels fall off.
Sorry I haven't responded to the comments lately. TH-cam hid most of them because it thought they were spam. I will try to answer the questions faster now.
mpgxsvcd Your video is very informative, and I can't thank you enough for the information that you've shared. Very essential for us to make wise choices in this area of our lives.
OK👓
How old do you have to be to lease a car in wisconsin? and do u have to have a license?
You need to be 18 pretty much anywhere to buy or lease a car in your name, i'm certain you need a license as well
Samuel Darbeh Driver's license is a *must* for sure. License and insurance at two parts of the equation that are critical to drive a vehicle.
Sir,You are out here truly educating people on the way to buy a car. May God truly and richly bless you. I will be sure to watch this and other videos before stepping a foot on any showroom floors.
Just so you know, Illinois changed the law so that you only pay sales tax on the down payment and the monthly lease payments as of January 1, 2015. See the article "New Illinois sales tax law lowers the cost of leasing a car" published on the Chicago Tribune's website on December 30, 2014.
These are the only figures I have: Selling Price: $42,795, Rebate $2,200, $3,500 down, Fees: $748.50, Doc Fee: $698.00, Non Tax Fees: $46.00, GAVAT $1557. 33 (GA). 3 years, 12,000 miles per year. MONTHLY $583.04 what was quoted. Kia 2020 Telluride FWD SX.
I buy newer reconstructed cars with cash. Put about 100k miles on it, get rid of it and then get me another rec car. Saves a lot of money and i never pay full coverage ins. My minimum coverage insurance is only $37/month. Its a good way to build wealth. Have a nice day.
Paul Usa, that's exactly the way to do it and keep cash in the pocket to travel the world with family or friends. Buy a nice used car cash instead and save a bunch of lease money for at least three to five years. Then sell it and repeat the same process.
+Paul OregonUSA you actually never build wealth by buying new except if its a limited edition cool car that will appreciate in the long run. the only way to make money out of your car is to drive it till it break which should be more than that 100k.
where you buy your insurance because here in NYC most insurance coverage
are above $150/$170?
Winston Quezada i live in Portland Oregon. Car insurance is cheap here maybe because we don't have snow in the winter. There are sites online where you can compare insurance prices from many different companies. Thats how i found mine
+Winston Quezada he only has liability coverage not comprehensive.
I need to lease a bugatti
Your advice seems to be the best & most straight forward of all those we've viewed so far. We do need to learn more about the need for GAP insurance or the best insurance to purchase for a lease. We hope to find more advice from you in the near future.
Thanks.
So Mercedes has a "special" on $4600 down with a $429 lease cost(7,500 miles a year) on their C300 coupe models. After watching this, $4600 down sounds steep. the Cars MSRP is $42,000. I gather I should work on cutting that down payment to half and negotiate the MSRP cost to less and make sure they aren't screwing me over on the "money factor"?
I know this is probably way too late, but I hope you didn't do that!! For reference, I just leased Toyota highlander that had msrp of $41,500. Zero down, $382 a month after all taxes and fees, no trade in... and that was 12k miles a year. I know I got a sweet deal, but what Mercedes offered you for the same msrp with zero down is $545/mo (not sure if that includes taxes) and 40% less mileage!! There is no point in even negotiating with these people if that is their "special."
NEVER put money down on a lease. Bad move.
@@ms3er396 Sometimes it's not exactly clear to folks what's money down vs. fees/taxes/first payment, etc.. Sometimes it's easier to just call all that "closing" costs a down payment for familiarity...
@@timmywa agree. normally I would explain cap cost reductions and the various fees.
The bottom line is you should know before walking into a dealership what you want/need, how much is you budget, and what you are paying for.
Economic logic: leasing is financing, plus other services- costs and trouble of ownership, resale risk, liquidity, and resale service (saves you the trouble of selling it; the difference between retail resale prices and the quote you get from dealers). You pay for what the company does for you in addition to normal financing, and this show up in the form of interest rate, the resale price (the % of MSRP), and other fees.
Part of your normal financing plan is paying for the resale value, that's why you are paying more cash out. No matter at the end you sell it higher or lower (compared to residual), it is your problem (resale risk). Your money is deposit in your car and you cannot use it (unless you colleteralise it) (liquidity). With leasing plan you put that burden on the shoulder of the dealer and keep the cash of resale value by paying less monthly. So you want the interest rate to be as low as possible and the residual % they set for you to be as high as possible.
Now bear in mind resale value to partially determined by how you treat the car. Also, at the end of the lease term you have to make a decision- unless you don't really need a replacement vehicle. This put you in a less favourable position in the next deal because you need to find a new car within a certain time, but if you own the title you can take your time. It also doesn't make too much sense if you plan to buy back the car after lease term.
Wow....this stuff went right over my head that's why I like to just buy my cars. I do not have a head for this stuff. My financial advisor is wanting me to lease the car I have chosen which is a AMG GLE Mercedez 43 coupe. (2017-2018) I also have a 2016 Jeep Cherokee to trade in.
Hi, mpgxsvcd ok i live in ny looking to lease a 2017 BMW X5 price is 72,000 my down payment is 16,000, my monthly payment is 500 am i getting ripe off thanks.
Lease, if you drive a reasonable amount of miles. Vehicles are a depreciating asset and leasing minimizes your spend on what overall is a terrible investment. Then redirect that money to assets that appreciate.
I thought the money factor is set by the leasing company. Im confused.
What you confuse about lol?
I am glad that you are willing to help us get the best lease deals possible. There seems to be a lot of factors involved in doing this to 'our advantage'.
I would like to get the 2016 Jaguar Supercharged XJ when it comes out early next year. I will probably have to order it to get exactly what I want. Who in my area SO.CA. 92821 would be the best dealer to get this car from? I bought the car I have now from Mission Viejo Jaguar.
I am now leasing a 2015 F-Type R. I don't think that I got a good enough lease on it because I really didn't know how to do this. I put $40,000.00 down on it. I suppose that I will lose a lot in changing this soon but this sports car is too hard on my old body and I want to get back to the comfort of an XJ sooner than the three year lease that I have. Please give me as much direction as you can so I can make my decisions sooner than later.
this guy knows his stuff. I wish he could help me get my car on January
Good video but how about taking over someone else's lease
Trying to get my first car when I know nothing about anything. This all sounds so complicated, I guess I'll continue researching and watching this video again
Question about an ELECTRIC CAR w the $7500 federal tax credit. If I buy I get the tax credit... if I lease the leasing company takes the $7500 credit, yes? And in that case I am leasing the car at the full price, yes? Does this mean a higher lease rate and taxes on the full value? Do you think whenever the $7500 tax credit is involved that buying becomes more attractive... because I get that money directly at tax time?
What about depreciation? The fact that a new car depreciates between 25-35% in the first year when you finance or by cash has to account for something, no?
Good day planning leasing a 2017 highlander Ltd platinum fwd but I really want my payment to be 450 monthly
I took a 3-year lease on Toyota Corolla LE 2016, and the lease ends on July 28, 2019. I only have 24,000 miles on it, and still have 12000 miles on my 3-year lease. The residual is approximately $ 12000.00. Should I turn it back in at the end of this lease with 12000 miles left ?...or should I buy the lease, since I still have 12K miles left in the lease ?
The Nissan dealer is trying to get me in a lease for a 2015 Altima this is my first lease I'm not sure what to do he said 598 a month for 36 months with a buyout of 13,000
You can lease a jeep grand Cherokee with that price
thank u sir for this info which a common person can't get from anywhere.god bless
I will finish a lease next week. The plan is for a 2015 Toyota Camry LE with only one option: the rubber interior floor mats. The deal is with no down payment, a 3 year lease, 2 year maintenance plan, all for $260/month. your opinion?
All of it is vanity driven. If not, you could just buy a highly rated ten year old car hopefully in cash, or if not, 15k tops. Save yourself a boatlaod of money. You will havr maintenance, but really, how much?
From the sounds of it, it seems better to buy than to lease. At least if you buy it out you can still trade it in two or more years later for either a newer model or a different one. I'm not too much of a car sales guru or anything, but if you simplify it, that should be correct, right? I mean it immediately eliminates the minute details of haggling over a leasing price when all you need to do is haggle over the pricing to buy the car out right for a slightly cheaper sticker price.
+Random8806
If you are insistent upon a new car every 2-3 years a lease is the much better option. If you buy and put very little down on the car your loan could easily be upside down in 2-3 years. This can vary as some cars depreciate faster than others. If you trade in a car that you bought in 3 years and you owe more than the current value of your trade in you would have to roll the difference into your next car payment. At the end of a lease you can simply bring back the car and hand in your keys and you have no further financial responsibility towards that car.
in my eyes leasing is the best way to go. your always in a new car it's better for your credit because you pay off a loan more often and you have a cheaper payment therefore being able to have a nicer car
Well let's say that I have more than enough money to actually pay off the entire car right there on the spot but instead make an enormous down payment of roughly 75% of the car's worth shortening the amount of time to pay it off but making small incremental payments? Would there still be some weird tampering or fluctuations with the dealership as far as making payments go?
If you can afford the entire car why not just pay cash for it and not have any payments? What benefit is there for you to put 75% down and make payments on the remaining 25%?
Well it was said by others that it would be best to lease the car and it looks good on your credit and what not. So I wanted to throw in a scenario like this. You don't want to make long lasting payments and you don't want to keep it for too long by making small increment payments for X amount of years more than you would really want to keep it. You still build some credit and you don't have to deal with all of the extra chatter.
What if you don't care for a new car every new year and mainly want to lease because of the lower fee than buying a car?
Very eye opening and helpful presentation! Thanks for your offers to help people. You Sir, are a great person.
Whats a better option,
Leasing a 3/4 year old Audi a1 or VW polo for a year.. Audi a1 around €200 VW polo around €100, both suit me
My dealer is telling me money factor set by Toyota finance and are non negotiable
If you hate car repairs, and buy new cars every 3-5 years it's cheaper to lease....If you have good credit lease payments are 30-40% less than buying. The avg cars are only made to run trouble free for 4-7 years. After that it's $4000 transmissions, $2000 fuel injection systems and $400 alternators. Any one in here ever replaced an infotainment center. I have. Some cars won't start without it operational. Good luck trying to repair a 2010 and up auto when the warranty is up....
Chad Singleton you sound like the son of a dealer boss
Hi. I just moved to the US and very new to the concept of car leasing so your video went a long way in helping me understand the concept. I am planning to lease a Hyundai Elantra Sedan 2016 for three years and at 12k miles a year in California. One of the dealers website shows the monthly payments to be below $200 at 0 down payment excluding all the taxes and stuff. The MSRP is$19500. Do you think its a good deal? I still haven't visited the dealer in person so wanted to get your opinion first. Thanks mate!
what would some good numbers be for a 2019 corvette z51..esp with the new 2020 coming out in a few months. love the video..very useful. thank you.
Dean Chrysler don’t lease a Corvette. The numbers are always bad on leases for a Vette. Just buy it and look for massive discounts on C7s now.
Buy a manual transmission C7 Z06. Those will hold their value very well.
Hi, I don't know nothing about leasing, could you help me please?
my daughter wants to lease a Jetta sedan 2015 model 1634Q3, serial # 3VWD17AJ6FM282243
$1000 down, 12k/year and $258/month. The insurance have to be in her name?
Thanks so much for your time and thanks for the video.
Leasing or buying a new 2016 camaro? Brand new
When return the leased car at the end then be ready for a shocking and horrible surprise to pay a lot money for a second time. A Big Losing Gamble! Car dealership is like the casino house owner!!!
Peter Nguyen sometimes that is the case but other times it is not. If they don’t want the car back they will hit you with crazy charges. If they do want it back they usually won’t.
Best advice is to keep the car in showroom condition and then they definitely won’t charge you.
How much a lease for a c class $50k car? 36 months, 10k a year, 2k down....idk the other details but what should the month rate look like?
From $350 to $550 with a 2k down payment
Hey Great video. Here's my scenerio
This is what they printed out for me.
I'm trying to lease second hand
These are all in canadian dollars and kms for distance
2012 BMW 535i X Drive with a few executive package, technology package Msport pacakge and rear heated seats
MSRP 44,900
Interest 1.9%
Term 36 Months
Mileage 111000 kms at end of lease
Residual 18,600
Lease Payment 780.37
Tax: 84.23
Total Payment 864.60
what bothers me is what you were saying , the interest rate. Pleaee let me know what you think and once again great video
Wow. Thought I was getting a good deal but they were somehow hiding $10,000!!!!! Thank you so much. I have to find out what the money factor is!!!!
I don't follow, what if the initial money factor is just very high? Can you negotiate it or should just leave? I read money factor value is set by the financing bank and cannot be negotiated.
Hamer Honda's money factor is 0.0022 (5.28%) and I have excellent credit.
Tal Aviv the bank sets a "buy rate" money factor. That is the actual money factor the bank is charging. The dealer is free to mark that mf up however they see fit. They get to keep anything over the buy rate.
You can negotiate the mf all the way down to the buy rate. However, they are under no obligation to ever tell you what the buy rate is. Leasing does not have the same "Truth in lending laws" as traditional financing(loans) do.
I'm getting a 2016 honda accord lx on a 48 month lease. Dealer asking for a security deposit of 4500$ since my credit isn't good. Should I deposit the money?
i'm sorry but i'm still pretty confused
Hello, my question is I want to lease a Mercedes but I do not know which one would be best? Thank you
Hello, Why is a bad idea to lease a car with the option to buy, can you please explain. I want a bmw 328i that cost around $40k
It is a bad idea to lease a car and then buy it in the end because the residual values on a "Good" lease are way over estimated. You would be paying way too much for the car if you paid the overpriced residual. Give the car back to the bank/Financial Institution and let them take the hit on the car's depreciation.
you will buy a used car from your own lease Whatever old parts of the car has generated is now your responsibility I say if you want to own give the car back buy cheaper and newer then your lease was meaning payment wise and maintenance wise
GREATEST VIDEO EVER. THANK YOU FOR MAKING THIS!
Looking to lease a 2015 Mercedes S550 Sedan, MSRP $113,945, we negotiated car down $10,500 which brought it to $103,445. Located in Southern, CA. Since we don't plan to keep car for more than 3 years we'd like to opt to lease instead of buying like we usually do. Dealer has no idea I want to lease as we are negotiating as a purchasing price ATM. What are the magic number I need to know to plug into the lease calculators so they don't rape me on this highly depreciating asset. Any help would greatly help?
2014 VW jetta s lease. i'm tring to trade in my car 08 g37s coupe A/T. Payoff is 17500. They asked me 14500. With that jetta 36months 12000miles. They asking me 38 with 1000 downpay Lol?
I'm thinking of leasing a 2015 chrysler 200.
Thinking about buying a 2016 Hyundai Sonata hybrid. Leasing starting at $249 with 3 grand down. Or buying for 0% apr ($27.78 per thousand financed). I don't know much about buying and I am looking to keep the car for over 5 years. Please help!!!
You know this guy drives a Lamborghini.
Right on point!
We are looking at leasing a Mazda CX-5 AWD Touring. A very basic model with no options added that we've considered has a Total MSRP of $27, 045, ithat includes destination fee. A model with a few upgrades (paint, compass mirror, roof rack) has a Total MSRP of $27,915, ithat includes destination fee. I am curious what you think a good leasing deal on these cars would be? (What should I negotiate for CAP Cost and Money Factor?) Also, the salesperson said that there would likely be $1,200 in fees. I haven't asked him to break those down yet. I told him I want to put 0 down.
I'm thinking about leasing a 2015 c-class mercedes Benz. I'm in the state of Texas and don't really know how to calculate the taxes. I was told they WILL NOT discount these because they don't have to since they are a new body style. I walked out of the deal because they wouldn't show me the residual number they would only show me the purchase option at the end of the 3 years. The lease would be for 36mths with 15k miles at $700.00 and purchase price is 45,035.00. I have credit in the 700's and they said credit didn't matter right now, they said they have a promotion that gives all customers the same money factor no matter the score. Can this be true?
Sounds like a crooked dealer. First the new C class is very abundant everywhere. Plenty of dealers will give you large discounts on those models. They are required to tell you the residual. The bank sets that value. They don't have to tell you what the money factor is though.
Yes credit doesn't have to be a factor. They use your credit score as an excuse for charging a high money factor if it is bad. If it is good then they just ignore it.
+mpgxsvcd People like you are just a gift to others keep spreading the knowledge
+mpgxsvcd Surely you can work out the Money factor if you have the sell price and then residual?
+dsrduff maybe only if that certain model is needed to be off the Lott can't be sold as soon as they hope newer model they will give you crap about it meaning I really want the car vs I need to sell it get it off the Lott before the newer models arrive don't want you to go changing your mind about getting a newer model and I have a older model to get off plus I will have to drop the price on the one I'm trying to sell you to keep you from buying the newer model
You have all the other info minus the money factor, you can calculate it out.
What about no haggle dealerships? Considering you can't lower the cost would it be better to avoid them?
Also thought you would've mentioned gap insurance
turning 18 soon and I wanna get a Dodge Challenger R/T but first I need a job but I got that already handled... and I wanna be paying less per month. so which is best for me. buying or leasing... I dnt care how long I keep it.
I always buy a 3 years old car. almost new bargains because the other guy has paid half of the price for me.
Im currently financing a '15 iLX with 18.5 K miles, 21K payoff that is sitting on the dealers lot waiting for a new airbag. I want to transfer to a lease for a '16 RDX. They gave me 2 options. 1) 18.5K for the trade in $475 a month, $475 down for 35 months 2) same trade in $360 monthly, $4200 down. I really want to lease a '16 H-RV, which will make more sense, butI was trying to see if there would be any loyalty discounts. Because the car is unsafe to drive I can't get it over to a Honda dealer to be appraised. So now that Ive explained the situation, what would be your best advice, am I going to get ripped off with the RDX transfer? Would lowering my payoff amount change anything or give me more negotiation leverage? What would you do if you were in this position?
I was looking to lease a 2015 Honda Accord with zero down for 150 a month but after the lease is up I was thinking about buying because I know Hondas are good reliable care and value stays some what high with them. What should I do
Where can I find out if Kansas charges hi taxes for leasing a vehicle??
I live in the Dallas fort worth area and I am 17. long story short I need a truck because of sports and my work and I decided I want a GMC/Chevy truck or dodge but I dont want anything fancy, just something to get me from school, work and back home and maybe to hang out with friend. as you can tell I'm a first time buyer/leaser and I want to know how I should go about trying to acquire a truck because I dont know how to negotiate and mark down prices, I know I am going to keep the truck more than 3 years but I just need first time buyer advice, thanks in advance .
I'm trying to lease a car in California and it is a 2014 or 2015 Lexus is 250 that is a good idea o no the car is price is 38,000.00 ?
Hey I'm trying to lease a 2018 suburban LT I just turned 21 so I don't know nothing about leasing any suggesting or you have a number I could get in touch with you?
Very informative! Do you have information on how to explain like this for provincial of Ontario Canada? Appreciate it, if you do have. Thanks.
Very informative video, my current lease is almost up and I was in a serious pinch and I'm pretty sure I was taken for a ride from the dealership. I really like the cla250 and I was happy to see you mention it. What do you think a fair deal on one would be also is it better to do 24 or 36 months at 12k miles per year?
I am looking to lease a bmw 320i or 330i any tips i would like to have little to no money down
Use the links in the description to find out what other people are leasing the car you want for. Then just go in there and stick to the deal you think you can get. Get them to reduce the price of the car drastically and don't put anything down. Also make sure the residual is high(>58%) and that the money factor is not marked up.
Can I return a lease within 24 hours and get my old car back?
I'm in the midst of deciding to purchase a used old car or leasing. I just can't get my self to sum up a few thousand but I am able to make payments up to 140 ish a month. I am a teen and my parents have amazing credit. Im into anything besides trucks. Live in northern ohio. Can you help me find a hands down amazing deal in my area ?
Thank you for this video, im going through this whole lease vs buy debacle. I've been leaning to more of leasing option though because it seems its going to be the cheaper option for me in the long run.
+Atsuko Smiles (Lioness)
Leasing is almost never the cheaper option in the long run because you will always be making payments. If you buy and only plan on keeping the car for 5-6 years then leasing would be a better option to take advantage of the lower monthly payment. If you buy and plan on keeping the car for 10-15 years it will almost always be less expensive. Sure the monthly payments will be higher for at about half the time you own the vehicle but the other half will be payment free.
+Andrew Sellitti For me leasing, it's the better option because I like new cars but can't afford to buy one straight out yet. It allows me to get what I want while not paying as much upfront.
+Andrew Sellitti :( I'm pickyy
+Atsuko Smiles (Lioness)
Being able to afford the monthly payments is not the same as being able to afford the vehicle. You are essentially using a lease to get more car than you can truly afford. It's very hard to save and get ahead when you are committing yourself to endless payments. You need to do the math long term to see if leasing really worth it to you. For example my local Honda dealer has a lease for a 2015 Honda Civic coupe that is $2200 down, $217/month. If you were to take that same payment schedule over 9 years you would pay just under $30,000. The car itself could be bought for just under $20,000 and last way more than 9 years. Is it worth paying $10,000 more dollars over 9 years just to be able to have a new car every 3 years? Let's take it even further. Let's say you lease under the same terms for up to 15 years. You will have spent just over $50,000 for a basic model car over 15 years. So over 15 years you would be paying the equivalent of the MSRP of a luxury vehicle but only driving a new basic model car every 3 years. Maybe it seems worth it to you but to me that's just crazy.
+Andrew Sellitti Well that's assuming I'm starting a brand new lease which I just cannot commit to do, I'm planning to take one over. Besides, I think if the person has the income for it leasing isn't that bad. Both areas have it's benefits depending on the person and their lifestyles.
What’s a good lease agreement on a Mercedes Benz GLS 550. 12K miles a years 36 months?
Sergio Marquez the lease numbers on that particular car won’t be good unless you can get a huge discount on the car. Try to find one that is a year old but still considered “New”. If it sits on the lot long enough they will discount it $10k-$20k and that will make the lease a little more manageable. Don’t put money down on it. Roll everything into the lease with a huge discount.
mpgxsvcd Thank you for replying back so quickly. Good information Thank you so much. That much of a discount would bring the payment lower then what I was expecting to pay. Zero down roll everything into the lease.
fuck, just going back and forth from work I travel about 19,000 miles.
Fabulous analysis! Do you supply an email written copy of that presentation?
what if you lease for 1 year or 2 and then convert it to a purchase? Like if you intend to purchase but a lease gives you a cheaper monthly price to start and purchase later when the price is down.
How does a lease for a Honda Accord sport sound for $255 a month with a $1000 down?
Hoping you can help us out we were looking for a Mercedes or an Infiniti 2017 what should we be paying down with the money factor your video was very helpful thank you
can I pay half of a entire lease and balloon the other half?
Thank you so much! You're so helpful! I'm trying to buy a Honda CR-V and I live in Delaware. What can I expect?
Great Info. I guess I will buy the new 2017 S90 Volvo. Now how do we negotiate the best deal for the car?
what is the best money factor rate a lease?
Theodore Muhlenburg I got .0003 on my last Infiniti lease. That is essentially zero. Most leases are between .001 and .0016. As you get into the .0018-.0020 range loans might become the better option.
Lease on 2015 Lincoln MKZ with panoramic roof: What's a good deal?
Hi - firstly great video, packed with info.
My family is moving to South Florida and we would like to lease 2 cars. What are the hidden costs I should be aware of? Right now I am researching online and finding leasing companies online. Thanks
you are very helpful. Thanks for teaching people about this. :)
are you still on here? so I just bought a 2015 Mustang GT crashed it so looking for new car. never leased a car I want to try out a truck so leasing sounds good because I'm not sure if I would want a truck forever. if u reply I'll ask more questions
What is a good deal for a 2016 Honda Civic lease including down payment
I really need your help I'm thinking bout leasing a car..just want to know more about it .
Thanks a lot for this video...it is direct and to the point and very informative!
Good info, lots of variables in leasing.
Sorry to bother you but is their anyway to tell the tax for Arizona and is it a good idea to buy the car after my lease is up if so when and how please and thank you if you take the time out of your day to respond
So i leased a 2015 sonata first car my lease is over February 2018. I really dont want this car anymore and am looking at a 2017 tacoma. Can i trade in my lease that i still owe money on
Hey I would like to know if a 2016 RDX base or RDX w- AWP for 405 and 439 with just paying fees and first month total of 1,782. Is a great deal. This video is great.
For CLA, should I try the "Star Advantage" or the normal lease option? thank you
2016 Camaro SS with 672 credit score how much should the lease be? Today is Oct 16 2017
thanks for the video. i would like to know about the tax in florida and also the terms in the details on the calculator i.e cap
Is possible to lease a car with no miles limitation based on the credit score?
Hello do you know the taxes and any deal oh Honda Accord touring 2016 Lease in PUERTO RICO?
Hello, I was checking your video out. I was consider leasing a 2016 or 2017 Corvette. I've been looking around and wonder if you could help me know what's a good lease for a car like this.