I attempted to sign up for this app about an hour ago just to see what deals it had on there and to compare them with what I’ve see elsewhere or in person. The app says it will send you a text with a verification code to complete the set up process. I have yet to receive said text message.
I’ve got a Honcker lease in process here:
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@Carleasestudent a survey on e 3rd party site doesn’t help the community here. I’d suggest you modify your post and use the local survey option or remove ur post.
Awesome @adamcar! Thank you for the link. Here is to hoping it all works out for you (though I can see it is already turning into a lengthier process than I would have imagined or Honcker claims).
Thank you for letting me know of the local survey option
I tried leasing a car on Honcker. The website said $437/month 2495 DAS. The Honcker representative said that is effectively $506/month (2495/36 + 437). So AFTER you upload your license and submit your social the dealer will get back to you on the actual price. They told me it was going to be $557. Honcker should remove these dealers that are reneging.
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and you got hit with a inquiry
Ultimately why I think Honcker will fail. It also seems as if dealers that originally partnered with Honcker are trying to back out of the support.
I just haven’t heard too many benefits to it.
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Anyone have a Honcker promo code? Curious and would like to give the app a try. Thanks.
Add another experience to Honcker of “don’t waste your time.”
Placed an order, submitted all my documents, and got a message that the vehicle had been reserved for me.
Waited a few days, and got a call today from Honcker that the dealer wouldn’t honor the price.
The difference? They offered a price 31% higher than what was listed in the app.
Multiple VINs of the same car and trim are still listed at a price Honcker isn’t able to get. I used the word ‘bait and switch’ which the rep kept denying, and said they listed a price that somebody was able to get at some point for that vehicle.
Essentially asked me if there was a cheaper vehicle I wanted. Not my idea of good customer service.
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The very definition of bait and switch.
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Well, I already deleted the app. Next, I am unsubscribing from the company emails.
I just got into my new lease so I, personally, did not need to use them, but a sibling is currently interested in a new car. After so many negative experiences, I would not use them, nor would I suggest anyone I know go through Honcker.
(Unless they do not mind a potentially unnecessary hard inquiry and wasted time)
I have been monitoring my credit, and haven’t been hit with a hard inquiry so that at least is not another negative with this experience.
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Here goes another car sales “game changer”, after Truecar. This is the fate of any really consumer oriented car sales business.
My experience with Honcker mirrors those of previous posters. After I placed an order, the dealer called me a few hours later to inform me it couldn’t be honored, and that it would be $30/month more. They cited an issue with Honcker’s algorithm. I ended up negotiating with the dealer to get it lower, but it was still more than the original quote.
For me, Honcker was most useful as a pricing tool to discover deals that are within the realm of possibility. The MX-5 generally leases poorly, but by browsing Honcker, I found out that good leases on that car were possible that month.
I did feel some buyer’s remorse after I got the car and shared my deal – when y’all went out and hacked MX-5 deals that were $1,000 to $2,000 less than mine. 
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Kind of like the student teaching the teacher. You should be proud.
When I put the numbers in for the car I “ordered” in the calculator before hitting the button, it was 9% off MSRP before incentives so it looked like a good deal.
The dealer didn’t call me, I got a call from a New York number and it was the Honcker rep telling me the car would be $506 instead of $387.
So instead of 9% under MSRP, the price would be 2% over MSRP and a payment 31% more than I was quoting.
Honestly, the part that irks me the most is that Honcker is still listing the car in my market for the lower price which is just completely unethical. I’m going to have to get into angry old man mode and write a bunch of reviews and letters.
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They’ll just have to adjust their model just like TrueCar did to bend to dealership lobby will and become just another funnel to feed the machine.
Prices will be higher but they still will have customers - those who loathe going to the dealership and possibly won’t even use a broker. They still just want to click and get the car delivered even at the average price at best.
TrueCar isn’t very helpful for hacking either but still exists and has customers.
Same will be with Honcker - average lease prices but streamlined proces from the comfort of your home.
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Completely agree, but Honker needs to clean their act ASAP, before they completely ruin any remaining credibility that they have built so far.
I think that an app like Honcker makes sense when you look at it from the creator’s and initial investors mindset. They probably don’t really care one way or another if it “works” as intended. They know that the odds of “disrupting the car buying process” are pretty low. But what they can do is create and market an app that works just well enough to get people interested, including the big boys like AutoNation, DealTime, etc. Getting acquired is the end game here. Those VC funds won’t last forever.