# SIGNED! -- Feature Announcement

**URL:** <https://forum.leasehackr.com/t/signed-feature-announcement/379388>\
**Category:** Meta\
**Created:** [August 6, 2021, 6:33am UTC](https://forum.leasehackr.com/t/signed-feature-announcement/379388 "2021-08-06T06:33:53Z")\
**Posts on this page:** 20\
**Page:** 1

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**Author:** ![littleviolette](https://leasehackr.b-cdn.net/user_avatar/forum.leasehackr.com/littleviolette/32/182_2.png) [@littleviolette](https://forum.leasehackr.com/u/littleviolette)\
**Post date:** [August 6, 2021, 6:33am UTC](https://forum.leasehackr.com/t/signed-feature-announcement/379388/1 "2021-08-06T06:33:53Z")

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## Leased a car recently? Want to know how you did? Share your deal with the community via our new feature — _SIGNED!_

> **[Leasehackr SIGNED! – See what others paid for their leases](https://share.leasehackr.com/)**
>
> Know how much to pay for a car by referencing real lease and finance contracts crowdsourced by America's largest car community dedicated to saving money.

In the early days of Leasehackr, we had a feature called _**[Lease Log](https://leasehackr.com/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.

> **[Leasehackr SIGNED! – See what others paid for their leases](https://share.leasehackr.com/)**
>
> Know how much to pay for a car by referencing real lease and finance contracts crowdsourced by America's largest car community dedicated to saving money.

Victoria and Michael

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**Author:** ![littleviolette](https://leasehackr.b-cdn.net/user_avatar/forum.leasehackr.com/littleviolette/32/182_2.png) [@littleviolette](https://forum.leasehackr.com/u/littleviolette)\
**Post date:** [August 6, 2021, 6:43am UTC](https://forum.leasehackr.com/t/signed-feature-announcement/379388/2 "2021-08-06T06:43:15Z")

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**Author:** ![Ursus](https://leasehackr.b-cdn.net/user_avatar/forum.leasehackr.com/ursus/32/4944_2.png) [@Ursus](https://forum.leasehackr.com/u/Ursus)\
**Post date:** [August 6, 2021, 1:24pm UTC](https://forum.leasehackr.com/t/signed-feature-announcement/379388/5 "2021-08-06T13:24:11Z")

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Nice. Maybe add the “broker/dealer” Y/N flag there also, with broker’s or dealer’s name? This may serve as an extra “review” for them. Though some brokers may not like this idea lol

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**Author:** ![alphawave7](https://leasehackr.b-cdn.net/user_avatar/forum.leasehackr.com/alphawave7/32/115615_2.png) [@alphawave7](https://forum.leasehackr.com/u/alphawave7)\
**Post date:** [August 6, 2021, 3:02pm UTC](https://forum.leasehackr.com/t/signed-feature-announcement/379388/6 "2021-08-06T15:02:28Z")

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Along those lines, defining whether deal was in or OOS, since many are willing to travel/ship to score a deal.

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**Author:** ![nyclife](https://leasehackr.b-cdn.net/user_avatar/forum.leasehackr.com/nyclife/32/40724_2.png) [@nyclife](https://forum.leasehackr.com/u/nyclife)\
**Post date:** [August 6, 2021, 3:06pm UTC](https://forum.leasehackr.com/t/signed-feature-announcement/379388/7 "2021-08-06T15:06:47Z")

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Retract dealer info from the contract if there is a broker should be a good notice

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**Author:** ![Ursus](https://leasehackr.b-cdn.net/user_avatar/forum.leasehackr.com/ursus/32/4944_2.png) [@Ursus](https://forum.leasehackr.com/u/Ursus)\
**Post date:** [August 6, 2021, 3:20pm UTC](https://forum.leasehackr.com/t/signed-feature-announcement/379388/8 "2021-08-06T15:20:01Z")

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I meant deals from LH dealers only, obviously 🙂  
But yeah, all other dealers’ info should be removed from the contracts

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**Author:** ![nyclife](https://leasehackr.b-cdn.net/user_avatar/forum.leasehackr.com/nyclife/32/40724_2.png) [@nyclife](https://forum.leasehackr.com/u/nyclife)\
**Post date:** [August 6, 2021, 3:21pm UTC](https://forum.leasehackr.com/t/signed-feature-announcement/379388/9 "2021-08-06T15:21:03Z")

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Yup, I meant in general in the contract upload!

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**Author:** ![AA-NJ](https://leasehackr.b-cdn.net/user_avatar/forum.leasehackr.com/aa-nj/32/111834_2.png) [@AA-NJ](https://forum.leasehackr.com/u/AA-NJ)\
**Post date:** [August 6, 2021, 3:47pm UTC](https://forum.leasehackr.com/t/signed-feature-announcement/379388/10 "2021-08-06T15:47:59Z")

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This is the way. Love it, Love it, Love it!

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**Author:** ![mllcb42](https://leasehackr.b-cdn.net/letter_avatar/mllcb42/32/5_5575768a8748004e209b776fc1b2916d.png) [@mllcb42](https://forum.leasehackr.com/u/mllcb42)\
**Post date:** [August 6, 2021, 4:09pm UTC](https://forum.leasehackr.com/t/signed-feature-announcement/379388/11 "2021-08-06T16:09:25Z")

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> [@AA-NJ](#):
>
> This is the way.

Agreed. A repository of data points that one can pull from for establishing a well researched target deal _is_ the way to go.

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**Author:** ![Billium](https://leasehackr.b-cdn.net/letter_avatar/billium/32/5_5575768a8748004e209b776fc1b2916d.png) [@Billium](https://forum.leasehackr.com/u/Billium)\
**Post date:** [August 6, 2021, 4:29pm UTC](https://forum.leasehackr.com/t/signed-feature-announcement/379388/12 "2021-08-06T16:29:17Z")

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Fantastic. This could be a great way to start getting cleaner numbers.

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**Author:** ![forbs](https://leasehackr.b-cdn.net/letter_avatar/forbs/32/5_5575768a8748004e209b776fc1b2916d.png) [@forbs](https://forum.leasehackr.com/u/forbs)\
**Post date:** [August 6, 2021, 6:19pm UTC](https://forum.leasehackr.com/t/signed-feature-announcement/379388/13 "2021-08-06T18:19:07Z")

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It’s a bit hard to process a zip file on an IOS device.

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**Author:** ![littleviolette](https://leasehackr.b-cdn.net/user_avatar/forum.leasehackr.com/littleviolette/32/182_2.png) [@littleviolette](https://forum.leasehackr.com/u/littleviolette)\
**Post date:** [August 6, 2021, 11:08pm UTC](https://forum.leasehackr.com/t/signed-feature-announcement/379388/14 "2021-08-06T23:08:50Z")

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Thanks for the feedback!

> [@Ursus](#):
>
> Maybe add the “broker/dealer” Y/N flag there also, with broker’s or dealer’s name? This may serve as an extra “review” for them.

The database takes two kinds of submissions – anonymous submission and a submission recognized by a forum username. If the user chooses to be recognized by inputing their forum username, visitors can easily see the submitter’s forum membership status by clicking on the submitter’s username, which is linked to the member’s forum profile. Quite the contrary, we do not want to flag a deal coming from a dealer/broker as we do not want to turn the database into an advertisement engine.

> [@alphawave7](#):
>
> Along those lines, defining whether deal was in or OOS, since many are willing to travel/ship to score a deal.

We encourage folks to provide special context of their deal (such as out of state purchases, loaner, trade-ins) under “Additional Comments” if applicable. Deal region is defined as the location where the deal was signed, not where the buyer resides.

> [@forbs](#):
>
> It’s a bit hard to process a zip file on an IOS device.

Just fixed that for contracts that only contain a single file. Contract uploads containing multiple files will still be served as a zip file.

> [@nyclife](#):
>
> Retract dealer info from the contract if there is a broker should be a good notice

We encourage users to redact all personal and vehicle information (incl. VIN) from the contract. The common courtesy you mentioned hasn’t been an issue on the forum. I don’t imagine it to become an issue on SIGNED!?

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<div class="post-metadata">

**Author:** ![ZZAutoDeals](https://leasehackr.b-cdn.net/user_avatar/forum.leasehackr.com/zzautodeals/32/168243_2.png) [@ZZAutoDeals](https://forum.leasehackr.com/u/ZZAutoDeals)\
**Post date:** [August 6, 2021, 11:37pm UTC](https://forum.leasehackr.com/t/signed-feature-announcement/379388/15 "2021-08-06T23:37:39Z")

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Love this new feature! I haven’t used it yet, but so far all the deals seem to just list the date/year the deal was signed. Of course you can open the contract for each and look at the precise date the deal was signed, but perhaps it might be helpful putting the precise date on the shorthand version of each deal too? As we all know, some of the best deals happen at the end of a month, quarter, year, etc. It would help to know if a given deal, for example, was signed on March 4th vs. March 31st. Someone scrolling through all the deals can have better context this way. Just an idea!

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**Author:** ![AtomicDutchOven](https://leasehackr.b-cdn.net/user_avatar/forum.leasehackr.com/atomicdutchoven/32/87555_2.png) [@AtomicDutchOven](https://forum.leasehackr.com/u/AtomicDutchOven)\
**Post date:** [August 7, 2021, 1:21am UTC](https://forum.leasehackr.com/t/signed-feature-announcement/379388/16 "2021-08-07T01:21:16Z")

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Perhaps it could link to their review thread?

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**Author:** ![AtomicDutchOven](https://leasehackr.b-cdn.net/user_avatar/forum.leasehackr.com/atomicdutchoven/32/87555_2.png) [@AtomicDutchOven](https://forum.leasehackr.com/u/AtomicDutchOven)\
**Post date:** [August 7, 2021, 1:21am UTC](https://forum.leasehackr.com/t/signed-feature-announcement/379388/17 "2021-08-07T01:21:43Z")

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Just want to chime in, I think this is def. a step in the right direction. Great idea!

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<div class="post-metadata">

**Author:** ![littleviolette](https://leasehackr.b-cdn.net/user_avatar/forum.leasehackr.com/littleviolette/32/182_2.png) [@littleviolette](https://forum.leasehackr.com/u/littleviolette)\
**Post date:** [August 7, 2021, 5:46pm UTC](https://forum.leasehackr.com/t/signed-feature-announcement/379388/18 "2021-08-07T17:46:47Z")

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Update: just added the url sharing feature for each individual SIGNED! submission.

If you recently visited the page, you might need to empty cache on your browser to see the feature.

Thanks to everyone who has submitted his/her deal to SIGNED! We are excited to see what we can build together!

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**Author:** ![GOAT](https://leasehackr.b-cdn.net/user_avatar/forum.leasehackr.com/goat/32/213310_2.png) [@GOAT](https://forum.leasehackr.com/u/GOAT)\
**Post date:** [August 7, 2021, 10:04pm UTC](https://forum.leasehackr.com/t/signed-feature-announcement/379388/19 "2021-08-07T22:04:44Z")

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to encourage people and gain more traction, we should implement deal of the month, where we get to like the best deals and the one with the most likes at the end of the month can get that award, just something fun 🙂

edit: possibly a month and year filter can be helpful too

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<div class="post-metadata">

**Author:** ![endeavor](https://leasehackr.b-cdn.net/letter_avatar/endeavor/32/5_5575768a8748004e209b776fc1b2916d.png) [@endeavor](https://forum.leasehackr.com/u/endeavor)\
**Post date:** [August 8, 2021, 7:15pm UTC](https://forum.leasehackr.com/t/signed-feature-announcement/379388/20 "2021-08-08T19:15:02Z")

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Confused about the effective payment on the latest post of a 2021 X3 in NJ.

His payment is $662 a month, and he put up $4,900 in MSDs.

How does that bring his effective payment to $507?

The MSDs is the lessee’s monies that they give to the bank and get back at lease end in exchange for a lower MF. So it shouldn’t be considered as a post-sale rebate.

Even if it was, the math is still not adding up.

Can anyone clear this up for for me?

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<div class="post-metadata">

**Author:** ![mllcb42](https://leasehackr.b-cdn.net/letter_avatar/mllcb42/32/5_5575768a8748004e209b776fc1b2916d.png) [@mllcb42](https://forum.leasehackr.com/u/mllcb42)\
**Post date:** [August 8, 2021, 7:20pm UTC](https://forum.leasehackr.com/t/signed-feature-announcement/379388/21 "2021-08-08T19:20:51Z")

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I agree, the effective on that doesn’t match up unless there are a lot of post sale rebates not accounted for.

The inputs seem to be correct in the form, so the application seems to be miscalculating something. Should be $643 effective.

@littleviolette @michael

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<div class="post-metadata">

**Author:** ![endeavor](https://leasehackr.b-cdn.net/letter_avatar/endeavor/32/5_5575768a8748004e209b776fc1b2916d.png) [@endeavor](https://forum.leasehackr.com/u/endeavor)\
**Post date:** [August 8, 2021, 7:22pm UTC](https://forum.leasehackr.com/t/signed-feature-announcement/379388/22 "2021-08-08T19:22:35Z")

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I was lookin through and it’s a common pattern for a few. Not sure how the math is being done.

[Next page](https://forum.leasehackr.com/t/signed-feature-announcement/379388.md?page=2)
