Ask a Leasing Industry Insider Anything

You realize RVguy isn’t a dealer and that this thread isn’t a dealer AMA Reddit, right? And that no one knows what’s going through a particular GM’s mind?

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Yeah this went sideways real quick…

Every dealer is different and their decision logic on how low they are willing to go can change based on many different factors through the month.

I have no experience dealing with BMW dealers so unfortunately I can offer little advice on the question.

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Hindsight is 20/20 and it wasn’t the greatest question to ask. I was hoping to get insight from someone who is more knowledgeable than me .

You make a good point about everyone being different on how willing they are. It’s fine, no matter how little advice you can offer I still appreciate the kind gesture.

that’s depressing.

First of all this forum has been so educational,
I appreciate all of the knowledge on here. Questions about leasing and maintenance. I’m currently in a lease ( my first) and I will be over my miles. I have 18 months left on my current lease. I’m already at 20k miles (36 months/10k miles) Which would make more sense: turn in the car early get a new lease with more annual mileage or pay for the overage at the end of my current lease. I have a 2018 Subaru Impreza. Also if I find a car at a dealership outside of my area would the local dealership honor the maintenance contract? I’m looking into a 2019 BMW 3 series.

Thank you so much for your help!

How would you “turn in your car early”? Leases don’t work like that.

I used the wrong terminology, essentially I want to get out of my lease.

Assuming you drive the same amount over the next 18 months, that puts you at 40k for the lease duration (10k over). Find out what Subaru charges for mile overage, then just do the math. At 0.20/mile, that would put you at $2000. Compare that to your monthly for the next 18 months and develop a sliding scale for payoff vs extra miles. The other option is to see what carvana/vroom/carmax will give you for your car now and compare that to your payoff- miles wont matter in that case.

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Thank you!!! I’ll run some numbers and see which makes sense.

2 posts were split to a new topic: 2020 Volvo XC90 MOM T6 Deal

Quick question. Can a non dealership charge a doc fee? I work for a company that leases units. The ones that we sell we have been charging a doc fee but we do not have a dealership license.

How do you lease cars without a dealership license?

Sounds like they are acting as a finance company of the leases, in essence its an acquisition fee and that sounds fine.

We lease tractor trailers to big companies. Then when the lease is up we sell them to end users.

Yes that’s correct

Looking for MF and residual value lease deals 36/15; incentive and rebates for 2020 G90 5.0 RWD. VIK black exterior, beige and black interior. $0 drive off. locations: broward, dade, palm beach, martin and lee counties in Florida.

Edmunds is the best resource for that data. We don’t have access to it here.

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thanks for the lead. will followup.

Hey All,

I signed my last lease in 2017 on an F150 that is now coming due. I’m not able to get any similar full size truck to have a payment within $150 of what i’m currently paying. From what I’ve read and heard 2016/17 was the peak for cheaper leases. Going back through this thread there were some comments in 2018 about rising interest rates and how leases aren’t as appealing anymore. I’m wondering, now in 2020 what is the leasing outlook? Fed’s have cut rates 4 times now. Does that have any impact going forward? I’m also in Wisconsin which is not a big leasing state. Hard to find deals, without have to pay shipping or driving 1,000 miles home.