- Sign up for LH
- Become “super supporter”
- ???
- Profit
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OP indicated in an earlier post that whomever said broker actually is has 24 positive reviews and 0 negative reviews. I’d lean towards the broker being an LH member.
There is no cooling off period in CA on vehicle purchases unless you pay extra for an optionally offered program by the dealer
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Yes it is an LH broker
LH has an estimate. I spoke to them and finalized the exact payment for me. However, none of that was in the broker agreement. The broker agreement lists
- sales price = MSRP (should be MSRP-1800)
- Broker fee
- Car Model/Trim/Color
yes see the title to the post. thanks
Shouldn’t you have the vehicle by tomorrow morning or more to the point, when are you scheduled to sign for and pick up the vehicle?
yes LH broker. See title of post
Did you ask the broker why the selling price doesn’t match their post?
Did the exact payment they provided come close to matching what was in their public post?
Did the broker fee and model/trim match exactly what was in their post?
according to the broker it takes a few days to get the credit application processed, then he can rush it out to me for a wet signature
He said he listed MSRP so that I know what the MSRP is and there is no space in the broker agreement to list selling price.
The verbal numbers match the post but it is not in the broker agreement. So if anything changes it is “he said, she said”
Broker fee and trim match and are in the broker agreement
trying to figure out what is common
thanks for the tip i didnt know that but that is not an agreement to lease. It just a broker agreement. Would that not have a cool off either?
It is, but if the contract doesn’t match what was discussed, then don’t sign it.
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that is my instinct. Would really appreciate it if someone could walk through their personal experience. What was the leasing process like from the LH broker?
The broker’s review threads will give you this.
Most of the brokers within this community (especially the ones that have been around for a while) have been successful due to their transparency. The deal is exactly as advertised because broker’s reputation is at stake. They wouldn’t be around very long if it wasn’t.
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I don’t know who you’re working with & this is in no purpose an ad for our services but — Leasehackr reviews, Google reviews, Yelp reviews all go into play.
also, we do collect client info but as most of my repeat clients have experienced, every single time they have to do a new credit app - as our data is cleared literally the minute we submit to dealerships (via complycrypt where it’s secure & can only be accessed with a pin.)
our clients get our own version of a broker agreement that outlines the following:
- refund policy
- our commitment to the #s
- If car is damaged / things go wrong
We also do credit card broker fees and you get an instant receipt through our provider and it has our business name & our office address. I’ve had clients come in person (to our office) to submit deals etc.
Simply put - most brokers on LH are credible and great at what they do - but as a consumer it’s up to you to pick who gives you the assurance and who’s reviews & process makes the most sense to you.
This is a place where people get FLAMED for mistakes and called out immediately. If that hasn’t happened to the broker you’re working with, you should b a-ok.
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Brother, as mentioned, every broker is different with their process. Read the reviews. Ask the broker. No one can help you because no one knows the broker you are working with. We understand if you don’t want to dox them, but you aren’t going to get the answers you are looking for. I’ve personally worked with 2 brokers here and everything was as advertised. Does that help? No b/c there are tons of brokers here and you are likely working with a different one.
That’s why they have a review thread. If you don’t feel comfortable, don’t do the deal. If a broker here was ghosting people, stealing money, or pulling a bait and switch, we’d hear about it very quickly and they wouldn’t last long here.
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Cool offs don’t exist.
A refund on a broker agreement would depend on the terms of the broker agreement. Often that means things like if they can’t honor the quoted price you get a refund of the broker fee but if after paying you just decide to cancel, you may not.
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For the sake of giving a perspective on our process & maybe the process of most brokers, this is how we roll.
Step 1: We discuss the deal with client and send over next steps.
Step 2: Deal gets submitted to dealer. We get client’s backup color option — just in case. Give them an update once approved or if we need anything.
Step 3: Schedule pickup / delivery - Google calendar with dealer contact’s name & address.
Step 4: get a Google review for impeccable service. (this guy was happy bc we got him black as he preferred!)
Now if anything went wrong in this process, my broker agreement would help protect both the client and I.
If any broker wants a docx of broker agreement to use feel free 2 ask
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