For the newcomer, it is a bit difficult to imagine Exactly How This Place Works. Nevertheless it is a big source of information. I admit I am confused by all the formulas being used. I wonder why it is not good enough to see what deals leasehackers are getting, and then just go to the local dealers and say thats what I want. 360/ month, Zero DAS. Am I way off base here?
Yes, for multiple reasons. Some are listed below:
The deal could have been done in a different region, and for some manufacturers, deals will vary greatly by region. Incentives could vary, the individual could have qualified for rebates that you don’t qualify for, etc.
Numbers change from month to month, so a deal that was done last month may be impossible to obtain this month.
Some deals are obtained because a dealership needs to meet a quota, etc. and a different dealership would have no reason to replicate those numbers.
Most dealerships aren’t going to look at the numbers you bring in from an online forum and go “yeah, we’ll match that”. In my experience, it was hard to even get a dealership to match or beat an actual quote from a different dealership.
I suggest perusing the information in the Leasing 101 section of this site, as some of the terms/equations may be somewhat confusing from the get-go. However, once you understand how leasing works, and if you are willing to invest some time, you can work toward obtaining a great deal. Alternatively, there are plenty of brokers on this site that you can pay to do the work for you.
Thank you. I just created an account and pressed every button possible trying to post a new thread.
Hi! Can someone advise if this deal is unrealistic? I’ve called mulitple Jeep Dodge Chrysler dealerships:
2018 Jeep Wrangler
Total price on the window sticker is $40,325
I’m trying to get: 12K miles, $1K drive off (would do $1,500), Less than $370 monthly payment. Is that too unrealistic?
A dealer in Anaheim, CA said he could work with his manager to get me $1,500 drive off $375/monthly with tax included.
I currently have a 2015 Jeep Cherokee and my lease is up in a month. However it’s end of the month (conveniently falling on a weekend) so I feel like now is a good time. I called Chrysler and my current payoff is $18,927. KBB 's trade in value is $18,649.
I’m not the most savvy leaser so have spent time doing some research, asking friends, but I’m running low on time.
Much appreciated all!
my name is Paul from stellar auto
I registered about a month ago and have not received any notification
how could I find out what happened next ?
Hi…new here…hoping to contribute
How to create new topic \ thread here?
looking to make a new thread
How do I ask a lease question? I am new user.
Search first, most likely it has been answered before. Then you can create a new topic under “Ask the hackrs”
Thanks for responding, I just do not see a button or a link that will allow me to post a question.
New users need to spend some time browsing/reading before they are allowed to create new topic.
I would like to see new users submit sample topics before final approval. Would avoid lot of hurt and confusion.
Apologies if I’m in the wrong place but wanted to check here before making a topic.
Is there a specific place where I would ask about what my best options are for a given price range? For example, if I list out how much I want to pay per month, my location, miles wanted, down payment wanted etc. wanting to see which models people suggest to research?
Thank you for any help.
“Ask the hackrs” if you are willing to do work and share potential deals, or Wanted Ads if you just want to sit back and wait.
X2. And search the forum but don’t feel shy about starting a topic.
Question re 1% rule. I am looking at leasing a corvette for 36 months , 10k miles a year. The only money out of pocket is for the first month payment. Without getting into the residuals, MF etc I have calculated that the deal would be .0012 (MSRP of $63,965.00 divided by payment of $779.00 which does include florida tax). It sounds pretty close to the informal 1% rule but I wanted to get others opinions.