Leasing demo cars 101 - which brands offer it, where it can be advantageous vs not, how to find them, understanding mileage depreciation, what discount to look for and factors (mileage, model, etc)
Let me just formulate all these suggestions in one sentence: âEverything about leasing because I hate do researching on my ownâ
Well said!
How to subscribe to alerts based on a keyword.
For example : Get an email notification for a new thread that is created with a certain keyword, Audi or Infiniti
I would suggest a glossary of the abbreviations. âDasâ âmsdâ âmfâ etc. it would be nice to have one thread where these are defined. A question I have is: is the residual value calculated on the msrp or the sale price? What about with dealer add ons?
There is already a thread like that on here. Iâm not sure where but I remember browsing through it.
Residual value is calculated on MSRP. If youâre talking about (BS) dealer add ons like nitrogen, VIN etching, etc. - those are not residualized.
How do special offer lease prices work when msrp off the particular vehicle if higher. Say offer is $349 on MSRP of $38.000 but the cheapest vehicle on the lot is 42,000⌠how to estimate to not get misled by sales person.
Those special offers are a gimmick to get you in, and are usually tied to 1 VIN number, and it will almost always be âsoldâ when you arrive.
Very good reason to work over email first to get pricing.
I think those are great FAQ topics (even if theyâre elsewhere on the board, having them [or linking to them] in a FAQ would help new user). I also think other good FAQ topics would be
- âDown paymentâ vs. âDASâ
- Dealer cash vs. incentives vs. âtrunk moneyâ
What banks/lendors do not allow third party sales (to CarMax, Carvanna, Shift, Vroom, âFresno Pontiacâ, etc.)?
As someone else mentioned above, a topic on leasing from a different state would help me out. To know its practicality, the steps and work involved, costs, etc.
same here! I have no idea what many of the abbreviations mean. I think there is a post somewhere, but now I cant find it!
hmmmm I think so too
hereâs a new FAQ that has popped up a few times the past couple weeks:
âI have âxâ number of months to go on my current lease. When should I start looking for my next lease?â
âHow do I sell to Carvana, Vroom etc? Do I have to pay tax?â