Leasehackr Meme Lounge (Part 1)

[Harry657ha]

Are salesmen really stupid, or do they just act like they are? Like when I got a Lincoln a couple of months ago, the salesman said he knew nothing about what goes on in the finance office, and the only thing he knew was my name and address.

[Ursus]

It’s just how people feel in general, has nothing to do with $$. And like was said above - even $7/mo may be $500 over the time of lease/loan.

[Jrouleau426]

I’d say 99% can’t calculate a lease by hand. The smart ones usually move up fast or switch dealer for better payouts from what I’ve seen.

[Harry657ha]

[Ursus]

So, you are saying we don’t trust the dealers and not the software? lol
Software is what it is, the numbers make all the difference.

[senwia]

software I trust.

[Ursus]

Used car leasing startup advice

I think at this stage its more important for me to find a model that works vs worrying about the billions. I think investors are willing to fund a working business model. That doesn’t mean that I am the one who will be able to get the billions needed. I highly appreciate if you would share your thoughts about the concept, what do you think would work, what to avoid, would this concept appeal to you etc… Thanks.

[NYNJAudi]

Former sales and former finance manager here…

Yes, there are MANY stupid people in the industry. Sometimes they play dumb, sometimes they are dumb.

[BigNerd]

[jeisensc]

[giveleaseplease]

@xmonger

[wam22]

@Harry657ha

the salesman said he knew nothing about what goes on in the finance office, and the only thing he knew was my name and address.

The vast majority are not told any details, taught those details, or have access to programs. From a manager’s point of view, all the salesperson has to do is close based on the numbers on the paper. How those numbers get there does not matter.

When I first started, it wasn’t “here is a mf, RV, etc”. It was “here are the payments and down payments, get them landed on one of them”.

[DailyDriven]

I believe this is 100% correct.

Most salespeople I have dealt with know zero about the deal/numbers by design. Many have been shocked when I just walked right into the shot caller’s office and sat down to begin the dance.

“I have never seen anyone do that before…”

[Jrouleau426]

A brilliantly designed system to extract as much profit as possible. At least there’s negotiations. Many of our systems there’s few and it’s a much bigger scam.

[Ursus]

@Jrouleau426

I’d say 99% can’t calculate a lease by hand.

I was off by 2 cents calculating by hand in the dealer’s office once, but it was 2010. I probably couldn’t do it now… LH spoiled me.

[Jrouleau426]

Not sure I can either. My dealer spoils me and leasehackrs keep me in check if they make a mistake.

[ilpapa]

@Jrouleau426

A brilliantly designed system to extract as much profit as possible.

capitalism tag line

[Jrouleau426]

[RustyDaemon]

[ilpapa]

they should really start advertising birth control and condoms on this site. pair it up with some pictures of hot sports cars with good lease deals.