Hey guys, Three days ago, I just got into an accident and had to sell my old Honda car. Now I don’t know what I need to do here, I need a car and thinking to get a lease. I have been driving that old Honda car for 7 years and now I want new technological car with infotainment. I have been visitn…

Compare against the brokers listed here in your region.

[image] IWantCheaper: how’s that? One should never talk numbers with a dealer without knowing what a good deal is first.

You may be grasping at straws. Have you tried going to Edmund forums to look up the residual values, money factor, and available incentives (if any) for the car based on your zip code? An average or bad deal will be one with high MF, low RV, and no Incentives plus dealer markup. You have to start …

[image] IWantCheaper: $53,000 msrp for stelvio ti awd. no down payment, 12k mileage. I got offer for $650/mo. how’s that? How was this even remotely appealing to you when you could finance a G70, Sonata, Camry, etc instead?

I’ve seen and heard a number of people now say it’s a bad time to lease but I’ve seen some lackluster explanations. Can you please elaborate on what you’re seeing and why this is a bad time to lease?

[image] Why arent leases cheaper now? Ask the Hackrs Cheap leases are the quadfecta of: Dealer discount (to drive volume) x High RV (with some data behind it) x Low rates thus cheap to offer low MF x Manufacturers incentives (drive volume) x Also important to rememb…

[image] Shortages Affecting Auto Production: Semiconductor, foam, etc Off-Ramp I am interested to get a new car and started to call around and check the market. I don’t know about lease deals but when it comes to purchase I had several luxury brand dealerships which were o…

Alfas are good value in this market imo.

Fantastic. Take it. See you in a few years.

What would you consider to not be lackluster? Current market dynamics are affected by many factors, it’sa terrible time to lease.

First time leasing a car but the market is crazy

Ask the Hackrs

max_g September 7, 2022, 3:08am 30