Leasehackr Lingo/Jargon and Acronyms

to clarify,

“crappy” - like poop, not a good way to describe something.

“broker” - someone who saves you significant $ by saving you hours of searching and negotiating. For the common man they pay for themselves and then some in time/money/headache saved.

I’ll add,

“google” - a hip, new website where you can type stuff in and find the answer to 95% of questions (think of askjeeves, yahoo!, aol, etc)

2 Likes

Sometimes the trolls are the one’s who start the post

And don’t ever come back to update in the story while there are 50 more post speculation about the problem from 360 degree view.

1 Like

So what’s the term for someone who posts their deal after they signed, and creates a user name just to post said deal. (It’s usually no unicorn either)

3 Likes

That would be “he, who enjoys the car” since that’s the only thing you have left to say at that point.

1 Like

MF = money factor (MF * 2400 provides the interest rate)
RV = residual value of vehicle at lease end (important for those considering a buyout)
MSD = multiple security deposit (used in some states to obtain a lower MF)
MSRP = manufacture list price
Selling Price = the discounted price of vehicle before applying any incentives

4 Likes

More pc, “they, who enjoys the car”

PC = politically correct (we live in a sensitive world)

1 Like

Very important one UNICORN something which is a stealer deal, usually posted by someone has worked on for days or sometimes month by doing research and trying hard. Something which ISNT POSSIBLE to pm a broker and ask him to replicate it :joy::joy::joy: cause most likely broker will keep it for himself !!!

4 Likes

Great ideas here!

Going to add this to the FAQ category @senwia if that’s alright with you. And will update the OP (original post? or is it original poster…) so that all the lingo can be found at the beginning of this topic (or is it thread?)

2 Likes

Please do …

Forgot “Crystal Balls”

2 Likes

The 2020202020 had me confused for a long time.

4 Likes

I’m with you…confused on the 20202020…thought people are rooting for newer model coming in 2020 or something. Lol

Car is “Punched”

Means it can no longer be leased, dealer has cashed in the incentives in some situations.

What?..

If I got it wrong, let me know.

Punched demo/loaners can be leased. Dealers claim them as sold and get rebates plus monthly amortization back for punched demo/loaners after meeting certain criteria (3 months/4.5k miles or 6 months/6k miles for Volvo, for example)

1 Like

Much better explanation!