Smart dudes.....got tips on leasing? Help me out

[BaldingSoHard]

You can use multiple security deposits to lower the money factor. That will lower the payment some.

Otherwise, yeah you'll need to do cap cost reduction or drive fewer miles if you wanna get that monthly pmt down.

 

[NatiboyB]

If you lease another whip when you bring that one back you can work with them on overlooking the mileage overage

this was a while back...I also moved to different cars. I don’t even lease now even though I’m thinking after I retire getting a lease for a genesis.

 

[brooklyn_boulevard]

You have to keep in mind if you are doing a no money down lease the taxes and fees are simply being rolled into the payment. If you are payment conscious then Lexus BMW Audi etc are not for you this time around.

Because I have a business leasing makes the most sense for me. Been doing it the past 15 years or so.

What are tips u can suggest to negotiate a good deal? Or do u just walk in and get the car without negotiating since it’s for a business?

 

[feelosofer]

What are tips u can suggest to negotiate a good deal? Or do u just walk in and get the car without negotiating since it’s for a business?

A few tips.

Ask what selling price of the vehicle is based on that lease payment.

Start learning these terms.

Residual value: Value of the car at lease end gives you an idea what you paying for car over 3 years.

Money Factor: Its essentially the interest rate of lease payments. Typically sedans have lower money factors. Small SUVs are usually the highest. But this is based on the demand and specialty of vehicle. Sports cars generally have the highest money factors.

Also keep in mind your credit will have a big impact on your lease payments. If you have bad credit expect to add 50-100 a month to the base payment the money factor changes.

Also American manufacturers are generally more lenient with credit as is Nissan/Infiniti.

 

[DragonKnight]

Op want a Lexus no money down under $500?

 

[brooklyn_boulevard]

Op want a Lexus no money down under $500?

Why don’t u go on leasehackr and see how many ppl have pulled this off? Smh

 

[CodeBlaMeVi]

Before the cool kids get in here, talking about why lease rather than buy cash. Leave that shyt for the birds.

Smart dudes that have been through with leasing....is there anyway I can take this shyt down?

I am trying to get a 2019 Lexus IS300 F sport, 24 months lease, 12000 miles per year, $0 down payment (most articles I’ve been reading and forums are saying never to put money down on a lease only on finance).

What can I do to et some good monthly rates?

Asked the dealer approximately how much they go for leasing....dude had the nerve to tell me $580 per month

We ain’t talking about a BMW M3, Mercedes C63 amg, or Audi RS5.

It’s a Lexus with about 260 hp. Any dudes with tips on how I can take this down and get a good deal?

It’s almost end of the year? I thought cars were cheaper during this time

I heard that insurance is usually included in the lease agreement so...

 

[CodeBlaMeVi]

Op good job of taking care of your credit to get the best price on leases they usually want a great score to get that advertised lease price...I used to lease until I realized I always would go over mileage.

That’s the trap.

 

[BaldingSoHard]

In general, I wouldn't lease a car unless it was a 2nd vehicle.

Leasing is advantageous if you can afford to buy it but don't drive much, or if you can expense it as a business cost.

It's not that great if you're trying to get into a car that you can't really afford, which is how most people use it.

 

[⠀X ⠀]

If saving money is your goal, just buy a used one and sell it in 2 years. I guarantee youll spend way less.

 

[TELL ME YA CHEESIN FAM?]

You can’t expect a dealership to just give you a 2019 Lexus with no money down AND a cheap monthly payment


No amount of advice is going to give you any leverage if that’s what you’re looking for

Dude is a moron

 

[KnowledgeOfSelf17]

no way, your leasing without money down and first month payment

the deprecation of the car goes with the payments

that's how the dealer breaks even or so when you return or keep it