Pretty sure I ran several quotes for him under DMVLease too.
Isn’t the literal point of this forum and exercise to provide the most competitive lease offer? Why would I go with the the 1st quote provided to me and not try to find cheaper if it’s out there for someone to put a little effort in? If that’s the business you’re in then what is the $599 broker fee for? The point of paying a premium broker fee (which I am more than happy to do for the lowest price) is if you can secure the most aggressive pricing and how does one know what that price is without asking?
If you just want people to take the 1st offer then maybe you’re better off working in a dealership and not cultivating a customer base that exists on this forum to “hack a lease” and find the lowest price, especially one that most brokers charge a premium for.
I also shouldn’t have to explain that there are customers not under lease expiration timelines and can strike when there is an opportunity (or as you call it ‘kicking the tires’) that makes sense and/or hold off if it doesn’t. When you deal with economic animals, this is the most likely outcome, otherwise as I said you’re better off dealing with sheep
I have customers like you the only difference is they tell me,
“Hey Keith, just looking around, what’s an xc60 lease for with x down/ymiles/zrebates?”
“Hi John that would be 599/mo here is a calc link, let me know how I can help”
Its a 2 line exchange. not a multiple day process.\
Buddy this is TINDER for car deals. If you are looking for “the one”, try match.com
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because you’re purely a payment shopper and don’t value the service good brokers offer. we save people thousands of dollars and countless hours for what is otherwise a super thankless and painful process. you’re just strictly looking to grind everyone down as much as possible. many of us are single person operations. the reason we’re able to offer lean deals is because of our low overhead. as such, we very much value our own time. it’s clear you don’t.
it’s super evident that you have scoured all of our pricing sheets, reached out to many of us, went to several dealers, posted that you went to several dealers, and then STILL reached out again asking me to beat your dealer quote, and then said that i’m a “fuckin broker” after i asked you to lose my number. Do you think what I do for a living is derogatory in some way? Or do you think that because I had the balls to leave a career on wall street and build a business from scratch is offensive?
why do you think i told you to leave? is it because i can’t beat that deal (which btw i can crush, if i wanted to)? no - it’s because i prefer to deal with grateful people who i know will come back to me when their and their friends and family leases come due. i build relationships wtih my clients. i’m not in this to make a quick buck and move on.
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That’s literally not what I was saying. What I was saying was what @aronchi was alluding to with multiple quotes. It’s one thing to shop around, but it’s another to go back and forth and have you try to play one quote off another or ask for several quotes from the same person when you’re trying to just “strike when there is an opportunity.” Most of us post our discount percentages, so you already know our most aggressive pricing up-front. The point of using a broker is to get no-haggle pricing.
This also just screams bad survey incoming as the OP has had a tough time looking for a “unicorn” deal. No matter what he ends up with he will think there is still more.
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The point of the broker fee is to access their network of dealer relationships or to source a car. If you want them to go hack a deal for you, some will offer a retainer fee and do that for you. Others simply have sourced deals from dealerships they have made connections with and made them publicly available for customers with total transparency on the financials. You really won’t find that elsewhere. Most deals that are better than what brokers offer or unicorns require good luck (right time right place with a motivated dealer) or relationships and grinding.
I’m in tire kicking mode right now. Most of these guys will pretty transparently post their pricing online (often down to the LH calc). I know my expectations are off market so I don’t bother reaching out. If their pricing meets your bar or is close, reach out. If it’s not, don’t.
If you’re trying to grind a broker, you’re doing it wrong.
That’s all well and good but I’m calling out the irony of people like @aronchi who are no different than a used car salesman. They want you to take first price offered and use flashy low payments with max MSDs to draw you in. Since you gave up your illustrious “Wall Street career” it clearly shows you don’t understand economics and expected value. Why would any sane person pay thousands of dollars to reduce a 2% interest rate when they can take that cash and put in a risk free return with daily liquidity at 5% against a UST money market fund. If you understood that you wouldn’t pricing those in to draw eyeballs to your “low” payments. Maybe there’s a reason you don’t work on Wall Street anymore and have no patience for people that challenge your best offers.
I’m not sure what MSD example you’re looking at, but depending on the situation, it often results in a guaranteed return of over 10% annually. It’s a no brainer on many leases nowadays.
As others mentioned, @aronchi and many of the other great brokers here spend countless hours here posting detailed examples, spreadsheets, LH calculators, etc. for the very purpose to eliminate any back and forth and negotiating. They are more than patient given the amount of folks that reach out with questions (which often can be answered by reading the post!).
If you don’t want to put money down or MSDs, why didn’t you click one of his many calculators and configure your DAS??
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Not sure what you’re talking about, but if an msd payment saves you 50 bucks a month over 36 months and lets say your total msds are 6 grand, that’s actually 30% on your money over 3 years, risk free, versus any UST, the interest of which is taxable at the federal level. Expect the IRR on that investment to be a bit over 8%, without tax implications. Clearly, it is you who doesn’t understand time value of money.
Seems like you don’t fully understand how the interest on a lease works, and to what extent the MSD’s have an effect on it. However even without understanding it, you can just play with the calculator link in your first post, and you’ll see that in this specific case, if you add 10 MSD’S your return will be around 8.5% annually (non taxable).
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Literally this. Why do you think i should give you the time of day when i have a line of returning lessees, who appreciate the service i provide? I don’t need my best offers “challenged”. That said, if you’d like, i can call my contact at the ny store you visited and have him bump you to sticker when he finds out you’re in no danger of buying anything, and then you’re back to spamming the “fuckin brokers”.
So let me get this straight, you go to every broker and call every store for a quote, then pit the quotes against each other, then the one that wins gets a “Ill think about it” then you rise and repeat the following month? Yeah pass
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Several times to say the least. OP made us dealer trade a vehicle for him after months of back and forth, and was 100% gonna take it.
Then backed out/ghosted, stuff like this definitely harms our reputation with dealers in order to get our customers the best deal.
What do you have for PHEVs, any good deals? Please DM and thanks
Bc you’re a “fuckin broker” to him.
Honestly, I’m calling all of the nyc area stores i know and making sure they don’t sell him a car. Fairly certain the quote above is from white plains, so that’s an easy one.
pick a stock number
https://www.empirevolvocarssmithtown.com/
Stock # is 3000
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