Is there anyway to tell if the captive lender is being used on pre-negotiated deals… I spent a considerable amount of time at a dealership to learn later that they were using a third-party mouse house… Got really bad vibes thinking that I’ll just get hammered at the end of the lease.

In most cases yes, although it’s not a requirement, so you really just need to ask the broker/dealer what bank they’re using when you reach out.

Just to clarify, was this dealership one that had a PND listed?

No … I went out on my own to test drive a vehicle. I thought I might like… They volunteered numbers… It was on an Atlas cross sport.

There is absolutely nothing wrong with using a third party lender to get a cheap lease. Inspect the car prior to lease return and give it back to the bank. Yes, if you damage something that doesn’t belong to you, you will be charged. That’s the case everywhere, though. The stigma about third party l…

I would definitely go with US Bank and Chase however VW dealers seem to be hooking up with CAL Automotive… abbreviation for Certified Auto Leasing. A lot of caveats and not very good consumer reviews… Thoughts?

$500 damage waiver included on all cars, free pickup from your home at lease end. only thing is you’ll pay the $150 to do the 3rd party inspection. Well worth the money, IMO.

Michael’s USB return experience was 180 degrees different from yours so YMMV.

No, it’s not YMMV. If you borrow a car from someone, and you damage it, they are going to charge you based on the contract that you signed to borrow it. If you borrow a car and follow the correct lease end procedures w/r/t inspection, getting a car detailed, etc, you won’t receive a bill. There is n…

Just to clarify, I understand fully about damage, excess wear and tear, over mileage and so forth. That’s fine and I’m OK with it. Two main concerns: number one… With the captive, there is something called “holder in course” and if the vehicle is stuck in the shop for months, you can petition the …

You clearly haven’t read the thread so you don’t know what you’re talking about.

Home Forum Deals Signed! Calculator Leasing 101 About

Forum Deals Signed! Calculator

Leasehackr Forum

Is the Captive lender being used on PND’s?

Ask the Hackrs

ny

show post in topic

Home
Categories
Guidelines
Terms of Service
Privacy Policy

Powered by Discourse, best viewed with JavaScript enabled