Leased a car recently? Want to know how you did? Share your deal with the community via our new feature — SIGNED!
In the early days of Leasehackr, we had a feature called Lease Log, in which the Leasehackr team would collect, review, and publish lease contracts submitted by the community. The goal was to counter the opaqueness of the auto industry by sharing real data on deals scored by shoppers. However, due to our limited capacity to handle the volume of submissions, we shelved the project.
It remains our dream to create an open and free platform where consumers are empowered to shop smartly. We have yet to see such a transparent, consumer-oriented database on prices paid (you would think big tech would have solved this problem by now!). We have heard calls from the community over the years to turn our Share A Deal category into a structured database. So we thought we would give this effort a second shot.
After months in the works, we are officially reviving this crowdsourced project. This time, we will name it after our popular Share A Deal caption – SIGNED!
We would like to invite open collaboration for our revived effort. Everyone is welcome to publish their contract numbers in real time – no prior approval is required. To ensure the integrity of the data, we ask a photocopy of a real contract to be submitted. Everyone is welcome to view these contracts and report any errors or unsubstantiated submissions.
Whether you’ve gotten a unicorn or an average deal, we encourage you to submit your numbers to the SIGNED! database. Your input will give others within your region a better sense of the market (not all lease markets are created equal!). If the contract is too daunting for you to parse – ask the community for help by posting it on Share A Deal – I am sure one of us would be happy to upload it for you!
Given the current market conditions, we are also building the finance/cash purchase contract as an upload option, as some may consider owning instead of leasing. Ultimately, Leasehackr is a platform where we educate shoppers about their car purchase options – and shoppers should definitely include leasing into their calculus before they decide!
We will continuously work on improving this database. Please leave any suggestions and ideas you might have below. I would imagine some suggestions would only be possible after we have enough data – but it is good to keep them within our roadmap. Some ideas we have include making each submission shareable via a URL the same way you can with our Calculator and data visualization (though that would require a lot of data for it to be meaningful).
Lastly, SIGNED! is not a replacement of Share A Deal on the forum, but rather a supplement. We still highly encourage folks to post their signed deal on the forum. It’s the conversational exchange that makes this community, not the numbers themselves.
Thank you for supporting our mission! We look forward to driving change with you, one deal at a time.
Victoria and Michael