Working with a Broker

Ask the Hackrs
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Location: NorCal - Bay Area Peninsula

I am considering working with a Broker on getting a 2024 4 Matic EQS SUV Lease. Does anyone know how the process actually work. Unclear from Leasehackr. They say give me the Car, Color, Packages that I want and they will get me something. But how does it actually work - do I sign up with them, do I need to pay up front, can I refuse an offer they present, can I price shop with other brokers, can I take the deal they offer me and go to a local dealer? Any guidance will help. The other forums are not very clear, unless you can point me to something.

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#threadclosed

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Yeah - I was asking the same question on Reddit too - so basically unclear how the process works going through all the posts here.

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Did you ask them?

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The basics are that if they get you the car you want at the price they quoted you, you pay them their fee and then do the paperwork with the dealership. Shopping their deal around or trying to get a dealer to beat it isn’t cool as they have done the work to find the car you asked for at the price you agreed to.

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Got it. Thanks.

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Yes. They told me call when ready and we will explain. So, figured I will ask here.

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Ideally use the search function on here as well to see the past threads & responses to very similar questions.

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Of course you can. Most brokers post their best price. It is a take it or leave it kind of deal.

You can check out the Marketplace and compare pricing from other brokers.

As I stated above, brokers publicly list their price in the Marketplace. You are free to ask your local dealer to match a broker’s deal. However, do not share a broker’s LH calculator with a dealer.

Brokers offer a no haggle price, which usually ends up saving you quite a bit of $$$ compared to some local dealers. You are free to work on your deal. However, brokers offer the convenience and you know that your time won’t be wasted by spending hours trying to negotiate your own deal.

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All this is on the assumption you know what you want, and are ready to move quickly.

Not 2-6 months out; not “it depends…”; gotta check with the SO; etc.
Broker deals are usually for the “now” (or 1-2 weeks out) or for special orders.

Good luck with your search.

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