CAR LEASING contracts. How to read them so you don't get SCAMMED into paying too much.

Leasing a car can be the right situation for many drivers. Leasing gives you several options over traditional loans. I personally just got out of a leased Chevy Cruze. It was perfect for me However, Many dealers do practice how to scam you on a lease. This video will show you in depth and detail on how to properly read a lease contract so you don't get scammed.
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Chevy Dude
P.O. Box 99272
Louisville, Ky. 40269
If you want to buy a car from me Contact me here: www.ChevyDude.com
P.S. Be ready to buy. I am ready to sell.😉
#Chevrolet #Louisville
You can now find me at my own dealership in southern Indiana. My wife and I started Mike’s Car Store Located in Georgetown, In. Where Buying a Car Doesn’t Have to Suck™
We specialize in Late model Used cars for all types of buyers. If you have challenged credit we can definitely help you and ensure you don’t get scammed or pay too much. If you are a cash buyer or have excellent credit we will be glad to help you as well.
We are also specializing in our new Car Grabber service. If you are looking for a late model car and don’t want to contact a bunch of dealerships just to have them show you cars you didn’t ask for. We got you. Just head over to mikescarstore.com and tell us what you are looking for and we will get it for you.

[@jl5580]

Here is why you need to know the money factor buyers: here is an example you lease a car that cost $25,000 the residual value is $12,500 term is 36 Months money factor is .0019 your monthly payment is $420.66. Now the same lease with a money factor of .0025 gives you a monthly payment of $440.97 $440.97 - $420.66 = $20.31 x 36 months = $731.16 more you paid, because of the higher money factor. Buyers Beware, when someone says money factor is no big deal !!!!!!!!

[@Willster7471]

Can u refuse it?

[@Chuppakabras]

EXACTLY. This guy is full of it when he said don't negotiate it. That's exactly what you do or else just give the stealership all your hard earned money. And you are correct Spinrod Johannsen as the money factor is indeed the interest rate for a lease.

[@MrDjdanv]

Chevy dude is just like the rest of the salesman, he proved it by making that ridiculous statement. How in flying fucks does that help both party's?

[@MrDjdanv]

@@Willster7471 what do you speak of child?

[@Spills51]

Are you saying that the bottom line monthly that is on the contract says 420 but then your paying 440??? If not and I would assume the person is signing the lease because they are happy with the monthly they are paying...WHY WOULD THEY CARE ABOUT THE MONEY FACTOR??? Like, I f I know Im getting a good deal on monthly payments...Why would I care if they are getting a good cut??? If in the end I am also getting a good deal from incentives etc....Its not exactly difficult to look up online what a reasonable lease per month is on any vehicle out there with the internet....So if they are giving me a better offer then the avg. Why wouldnt I be happy for them if they are making some good $$ from the deal?? Maybe Im misunderstanding....But it seems like you have some sort of "They are the enemy" mentality....Like they arent a business and shouldnt make $$ or something lol.

[@allenhigginbotham3740]

service contracts are a scam especially on a lease!!! the car comes with a factory warranty that will cover the car typically 3 years 36000 miles. stay away from service contracts

[@crispcarguru303]

the only thing that might make sense is prepaid maintenance or if you plan to buy out the lease.

[@jl5580]

If a dealership will not tell you the money factor, then leave, they are hiding their markup !!!! Do not pay more than new car interest rate.

[@jl5580]

@@ChevyDude if it's not a scam, why don't they show the money factor on the lease agreement. Never mind the grocery store we are talking hundreds of dollars over the lease term. (Buyers Beware)

[@jl5580]

@@ChevyDude Again with the grocery store. LOL

[@toyoscio]

@@ChevyDude Grocery stores have expenses too and want to make a profit. Manufacturers clamor and are willing to pay big bucks to get on the shelf. It is also smart business to mark up healthy ' essential' foods like fruits and veggies.

[@toyoscio]

@@jl5580 Good example is why

[@alexmorangelli3319]

perfect timing, we’re about to go lease a car in the coming days

[@positively_broad_st3780]

$400+ a month for leasing a $20K deal. Ripoff...

[@Upracefan]

Thats due to the residual price being so low, great deal for the dealer at the end of the contract.

[@thepastrywardenreloaded3469]

Exact thing I was saying.. lol

[@catherinemiller8127]

As a women who knows nothing about cars, thank you for being honest and teaching me about any potential hidden fees. Leasing for the first time..I feel so naive

[@Izzywizzy74]

Agreed - I am totally lost.

[@swesleyc7]

He's not being honest. He said to NOT negotiate the money factor... which is B.S.

[@jl5580]

I don't agree with you saying just pay the money factor rate the dealer is charging, when I was looking to lease, a dealership wanted to charge me a money factor way higher than a new car interest rate. I walked out of the dealership knowing they are crooks. I went to another dearlership and received a money factor below new car interest rates. Buyers do your own research.

[@patrick8128]

Is this a dealer? You want to pay a higher money factor?????

[@huydo1993]

I totally agreed. Always negotiate the money factor and selling prices of the car. He doing you wrong by tell you not the negotiate the money factor

[@crispcarguru303]

@@huydo1993 Money factor isn't negotiable with some manufacturers. It all depends on your credit, money down, 1 pay(Lease) and security deposits help to reduce the money factor.

[@mosquitofleetfishing6599]

Your videos are quite informative. I went into a local Chevy Dealership looking to make a purchase on a Tahoe Premier RST 4x4. Long story short, I silently stood up and began to walk out as I was presented with the first number, which was about $2500 over MSRP. I could see that this “manager” and I were not going to easily come to an agreement, especially when I had printed the internet listing, which was about $8500 below MSRP. This is th dealership that my employer had gotten ALL of the fleet vehicles through, at least up to this point. It’s a shame they weren’t willing to be smart about this. The General Manager called me 2 days ago and basically begged me back in for a second try. I guess the cancellation of a corporate order on 130-160 new vehicles per year (rotation time) opened a few eyes around there.

[@LuNrArcVideos]

Did you go back?

[@mosquitofleetfishing6599]

@@LuNrArcVideos no, went with a new dealership, both personally and through the company.

[@peppermint2111]

Wow wow..

[@evelynstout2910]

This video was VERY informative. Thank you for getting straight to the point!

[@rubenshartman]

You deserve Dude, being honest pays off

[@danh6533]

Great video, it was awesome to see you when my friend bought his 2011 Camaro!

[@jimmydeen58]

Great Video Mike.. Next video you should explain the general requirements to obtain vehicle lease..

[@woocoheed]

To find the right money factor, go to the Edmunds forums. If the dealer marks up the money factor even though you have good credit, haggle for a bigger discount

[@BobThe9534]

hi Mike. nice vid. liked b4 watching b/c i knew it was goin to be good

[@andrewshenton6541]

I agree i always want to know money factor x 2400 for interest plus never buy service contracts or key fees from any dealer,the money factor can be huge

[@w.k7866]

This was extremely helpful. My lease ends in a few months, and the price of the car is higher than the residual value, so I am doing as much research as possible.

[@peppermint2111]

Hello where did you research your information?

[@scottwinslow8772]

Thank you thank you thank you! My Silverado lease is up next spring and i wanna make sure i do my next one correct.

[@marshallfox1786]

Scott Winslow Similar situation. I think I got a decent deal on my current lease but wanna try for a better one next April.

[@keenbean8428]

I would love more videos with info on leasing, I am interested in leasing as I feel it might be the only way I would ever be able to experience driving a new car

[@brycet4401]

You should do a video about returning a leased car.

[@crispcarguru303]

Look over by manager, Odometer statement(signed) all done! Not complicated.

[@Izzywizzy74]

@@crispcarguru303 Is it really that easy??? I know trying to get money back when leasing/renting an apartment is a nightmare.... even when you do everything perfectly...

[@crispcarguru303]

@@Izzywizzy74 As long as the vehicle isn't too beat up. They usually will charge you later on once an appraiser looks at the vehicle. If you trade-in or sell the vehicle in later(Equity position) that's not technically a a lease return and you don't really have to worry about damage at all.

[@marcosrios3151]

Hey man love your videos very informative any tips about trading in a car with negative equity for a new one ?? Please and thanks

[@Alexinpomona]

Great Video !

[@tomthorn2887]

Love the picture of Kramer!! What is the situation where you think leasing a car makes sense?

[@jehoramisrael7374]

This was a really good video.

[@spencergreen9873]

Can you do a video on how to work customizations in with a purchase, ie. Rims, lift, exhaust etc.?

[@alexmejia5606]

I really liked they way you laid it all out. What you think about leasing the new Bronco?

[@jaxav8r]

Hello quick question - I know end-of-year can be a good time to get deals on BUYING a new car...but does end of year also offer good deals on LEASES? Or are December specials only good for buying?

[@marshallfox1786]

Hey Mike, did u have a chance to double check with Chrysler Capital if all their leases include gap as mentioned in ur previous video/ reply? Thanks

[@EPelcher]

I wish this came out before I leased my last vehicle 🤦🏼‍♂️ You're great at what you do, thank you, I've watched every video.

[@theadjuster6760]

@chevydude thank you for these videos, truly a psa, can you explain a little about the contracts and what and how does dealer penetration rates works.? Cause on some of my recent purchases I was able to get service contract cheaper than other...example 2016 purchase a 100k miles for 1900 bucks vs the charger they could only sell to me for 2800 why? Fiance manager said all about penetration rate?

[@AcademyTalktojefflaporte]

Dude What do you advice someone about Lease vs buy . I don't see that you have that video on. thanks

[@steveazzarro745]

A car salesman warning us about car dealers schemes... how rich. Dude the mere fact you work in this industry tells us everything we need to know!

[@steveazzarro745]

@@ChevyDude The mere fact that you are employed by a dealership tells us everything we need to know about you. Get a real job-because DISRUPTION is finally coming to this pathetic industry filled with degenerates like you who "pretend" to inform the customer to shady sales techniques.

[@segt99]

So on a lease contract its added upfront about .25 cents extra per mile over the 12,000 miles per year. What happens if the opposite happens? What if after 36 months you mileage was only 26,000 miles instead of the 36,000 miles you were allowed? Does that benefit you in anyway, whether you are buying out or leasing a new car?

[@4davidsimpson]

LOL, I just got a NewSouth Ford ad on your channel.

[@paugie40]

Well now i know. Thanks Mike

[@tomsltz]

I signed a ton of these contracts and they keep getting bigger and bigger. Question for you Mike, my current lease on my Silverado is about up and I think I want to keep this one. I will have to pay the residual plus sales tax. Is there any other fees? Can I just buy it thru GM financial and not return to the dealership? Thanks man

[@TheWaterman1000]

A question. I own an older leaf out right. Since the leaf is eligible for the Federal tax credit of $7,500 and our local utility has offered rebate of up to $10k off purchase price too. Is there a way to wind up owning the car at the end of the lease. I was thinking of paying a large down but you said if the car is a loss I would lose that money. Can you enlightened me on this.

[@user-om8hz4mp4u]

great video. can you show us a buying contract? thanks

[@carlhammill5774]

Somes states (like NJ) the Sales tax is paid upfront and not monthly over term of lease.

[@larrygeorge4660]

Is there any benefit to do a 24 month lease over a 36 month.

[@chichi41]

Clear as mud!

[@wanmanki9311]

That will only make the company have more car sold. Will you know any dealer in canada Vancouver is recommended?

[@queenofheartswilliams6718]

How does it work when I have been leasing with Ford but want to switch to chevy? Will Chevy take my leased Ford so I can get into a Tahoe?

[@chadmontgomery3281]

Thanks for this rundown. Just did a new lease, and thought I got a hell of a deal until I got home and saw almost $8k in rental fees. Floored that your contract shows $300! Will be refinancing shortly.

[@YoungBlaze]

In rental fee? What the hell

[@chadmontgomery3281]

@@YoungBlaze yeah. I refinanced a week or so later. Take that dealership. Lol.

[@YoungBlaze]

@@chadmontgomery3281 but im lost how did you get 8k in rental fee though? What kinda car was it

[@Izzywizzy74]

What???? I know nothing but that sounds suspicious even to me...

[@GrinDiesel1969]

Mike, Great Video!! Thank you so much for the all the Valuable Information!!

[@toyoscio]

I don't know about your area, but in NE OH lease payments are lower, yearly mileage allowance higher for Toyota and Honda models compared to many GM models. The fee for going over the allowed yearly mileage is lower as well.

[@mikeware1764]

I would love to see a video on when a lease is better then buying. If you already have one I'm sorry, but I didn't see it.

[@charliesullivan3192]

so what is the $2300 service contract. If it has factory warranty are you paying for aftermarket warranty.

[@itoothitooth4943]

Can you do an example of a contract that includes a GMS discount (equals $5,710.32), 1500 rebate, zero money down, 36 month term, 12 K miles/year, MSRP = $63,365.00, money factor = 0.00014; residual % = 56%, acquisition fee = $650.00 and doc fee = $250.00

[@thejermz21]

Still looking for video of lease turn in early and what to expect.

[@giino8544]

My question is if you go into a dealership with already pre approved/approved from you bank or credit union. Will you still get warranty on services? Etc.

[@cm1642]

You should! It is factory warranty.

[@brodygoalie]

Just leased Toyota Rav 4 Hybrid xse. Car sticker is $39300.00. Residual came in at $25800.00 $411.00 monthly payments x39 months. First payment was $1600.00 plus the $411.00. The $1600.00 represented doc fees. Plus $1k down. How did we do?? Thanks

[@jl5580]

When you find out what money factor is being used in your lease you can convert it to interest rate (multiply money factor by 2400) and compare it to national average auto loan rates from Bankrate.com. You should expect to pay about the same rate for your lease. If you have a poor credit score, you may pay a higher money factor, just as you would pay a higher interest rate on a loan.

[@slip180]

I leased a car one time.. Felt like a fool after paying monthly payments for 3 years and just license plates to show for it, I never planned on buying it out when I purchased it, but it still stung in the end. Now I finance a car so I can enjoy it when the payments are done.

[@Usicky12]

Except ur payments are much more and ur responsible for fixing a vehicle before u even own it. I’m leasing cause the price was literally more than half off, the residual value will have me 3 grand up by the time my lease is up and I don’t have to worry about maintaining anything. It’ll be under warranty the whole time. Cars also rust like crazy where I’m at so by the time ur down paying off a 6-7 year vehicle they’re usually in horrible condition and you don’t get any new safety or technology features.

[@YoungBlaze]

But you now have a depreciation bucket

[@kennethmartin2779]

Is there a min of full coverage insurance on a lease

[@gr8ride411]

What is the best way to negotiate the Purchase Option at the End of Lease amount? I've leased several cars and I've always privately sold them before the lease terminates, and always more than the residual amount. Also, why would anyone buy a Service Contract on a leased vehicle? Please give me a good explanation because I'm not convinced they're necessary esp since most cars are under full warranty for 36 months and the length of the lease term. You do great videos, I've learned a bunch from them. Thank you👍🏽

[@ChevyDude]

You typically can’t. It’s set in stone as it’s a closed end lease. Imagine if banks had that power in reverse? 😳

[@travelfoodielove]

U are a godsend

[@chefjo2261]

My contract says “Retail installment sale”- simple finance charge does this mean I have more than 36 months?

[@roidAholic]

does money factor apply in canada - i see mostly interest rates shown

[@johnwilliam8366]

Can you please show how to read a buying contract.......I have an apontment to order/buy a Infinity Q60 red sport 400 in July. CAR BUYING contracts. How to read them so you don't get SCAMMED into paying too much.

[@sandrayys]

I just leased a car and now waiting for the Honda Civic to arrive. Is it weird that the on the buyers order they can’t give me a full breakdown of what my 3k taxes and fees include? I had to pay a lease deposit of 1k first and they said that’s not a down payment is that right??

[@chadmanPA]

Are wear and tear add ons worth it for leases in general? Especially higher mileage leases?

[@MrFlyboy1313]

It brings peace of mind to prevent a huge bill at the return time. You are responsible for not only large scratches and dings but, wheel scraps, interior stains and tears, and worn out tires. The tires alone can cost you 1000 bucks

[@mikes8509]

Good info, but everyone should at least research what the residual and money factors should be. Definitely DO NOT just let the dealer make money off the money factor, it could be a huge payment if you don't know what it should be.

[@tonyiawilliams-ruddock2549]

Your video helped a great deal. My car cost 32, 460. I received 2000.00 in rebates and cash credits. I noticed that the cost of my car was written in section A. as 35,436.50. Please let me know if I am wrong. I believe that they charged me the wrong price for my lease. Your help is greatly appreciated.

[@jl5580]

When visiting a car dealer for the purpose of leasing, ask them about the money factor on their leases. It is not something that is routinely discussed in lease transactions because most customers don’t know to ask. You cannot know in advance what lease money factor will be used before you lease unless you ask. In fact, money factor is not even disclosed in car lease contracts. It’s not required by law, as APR interest rate is in loan contracts. If you don’t ask, you’ll never know. If a dealer refuses to disclose this important information to you, find another dealer.

[@YoungBlaze]

So what would you consider a high money factor vs a lower one

[@pipiligrama]

The only thing that prevents me from leasing again is the insurance... going from state minimums to 100/300 bumps my payment way too much

[@cxshxnly7197]

What state?

[@flowstate6769]

He actually said the money factor is good for the customer….

[@ejcsds]

Great video, are the miles driven per year and additional miles rate negotiable?

[@allenhigginbotham3740]

you can get the milage changed in the negotiations. I have leased a couple of vehicles in the past. most advertised leases are 10,000 miles per year. you can lease with 12 to 15000 per year but it also changes the payment

[@ejcsds]

@@allenhigginbotham3740 Thanks

[@ejcsds]

@@ChevyDude Thanks

[@davidtyra1441]

I put 15 k down on a 2021 bmw m4 comp I only ha e 5800 miles do to go back june 3 what should I do Residual value fifty three thousand but I think my car is worth more than that

[@Izzywizzy74]

TOTALLY CONFUSED!!!!!

[@asayournyc]

Hey. So I am a Ford guy. I have leased my last 3 Fords. I am kind of getting sick of the customer service at my ford dealership. I am looking to make a change. That’s right to Chevy. I leased an F-150 as my last truck and because of a job change I am looking to get into something smaller. Can you do a video on the 2019 Chevy blazer?

[@bikes7777]

You're an idiot. Leasing is a never ending cycle of debt with zero benefit. Pay cash for whatever you can afford. Or stay in debt forever.

[@YoungBlaze]

@@bikes7777 you sir, sound like a idiot

[@rkalla]

lol Kramer big-leaguing you and pulling focus from camera :)

[@michaelbentley7717]

I sold this dude shirts today lol

[@jeffsmystic]

My question is the lease end residual value negotiable or is it set it stone if you want to buy the car/truck?

[@klobbersaurus685]

The last vehicle I leased was a Chevy 1500. They had the residual value super low, which made my payments pretty high. I went back and forth with the sales manager for a few minutes and they raised the residual a couple thousand dollars. That reduced my payment, but I have no idea what it did for them.

[@MrFlyboy1313]

L M Did you agree to drive less miles per year? That would hike up the residual value

[@eastbayivxx510]

I’m looking for a brand new 2018 camaro 2SS but i only find them out of state. I’m in California. How can I get a dealership here to bring me one from out of state? Is there a fee for that?

[@Oneforhappy]

I came to the dealer ship and ask them looking the car I want. They told me they will add fee for shipped.

[@ahrred3127]

The Dislike Are From Scammer And Ford Dealership.

[@blackrider1976]

What’s the difference between leasing a car financing a car please

[@deshaundavis6326]

If you have good credit. Can you skip the so called 2000 fee/such?

[@glennstiller7616]

Set up a link on Amazon.ca and then we can use it here in the great white north :-)

[@TheKASHDrecords11]

Lol 2300 on a lease for a service contract? Who is dumb enough to buy that 🤣🤣 under warranty the whole time. Ps I’m a finance manager and if I could actually sell that I would but that’s dumb. Wear and tear for 600 is more like it

[@danitrejo1]

Hay can u make a video of what too expect when buying a car in full cash

[@bikes7777]

Mo, he only promotes leasing and financing. You are smart for paying cash, only smart way to buy a car.

[@Usicky12]

@@bikes7777 completely moronic statement. I’m 20 and could buy a new vehicle in cash, or I could build credit keep 30k in an investment account and profit. You never want to have all ur money into a depreciating asset. As soon as you drive it off the lot ur down like 15%.

[@bikes7777]

@@Usicky12 you're 20 so I can understand your lack of knowledge. Buying a 30k vehicle is what is moronic. If you have 30k in savings, keep it there. Buy a 2 or 3k car and repair as needed. Financing a 30k car would be idiotic, as would buy it with cash.

[@bikes7777]

@@Usicky12 BTW my credit score is over 800, with no credit cards or car loans. You don't need to finance anything to "build credit". That is just a myth that banks promote.

[@Usicky12]

@@bikes7777 I work 8-10 hrs a day so I just said fuck it and leased. 285/mo and I don’t have to worry about anything. I even got rid of cable and a few other things to pay for it. I just pay the payment and I know I’ll always have a working vehicle. I did the whole 07 thing and had my mechanic fix it and tried to be cheap and it was a nightmare. I’m also going up to be up 3k by the time I’m done paying it, if I decide to buy it and sell.

[@richardrybarczyk5522]

Excellent video, I’ve always leased cars because I feel that getting a new car every 3 years or so is worth it. But I do carry gap insurance on our leased vehicle. I will definitely call Chrysler Capital and ask if gap insurance is included in our payment. We already pay way to much for insurance in Michigan so anything I can save is a blessing. Thanks Chevy dude appreciate your help.

[@marshallfox1786]

Richard Rybarczyk I added gap through my car insurance too because of not knowing for sure through Chrysler Capital if it’s included or not. Smh... I’m in Michigan as well. And as u prolly know we have the highest insurance rates, so not having to pay for something that should be included in the lease would be great.

[@Izzywizzy74]

@@marshallfox1786 Imagine CA!!!!!

[@princemillion50]

what if you have a trade-in with positive equity

[@tomthorn2887]

Mike. If it were not for the engine start stop and the cylinder shutdown deal I would have purchased a Trail Boss from you months ago! I know Trump is rolling back a ton of restrictions and the EPA is cooling it for right now and taking a double look at some things in the automotive industry. I am curious what your feeling is on the idea of no start stop and no cylinder shutdown in GM trucks in the next year or two. I know start stop can be shut off. I think they will both be gone In the 2021 trucks. Do you think I am crazy for that? Do you agree?

[@chrishernandez1122]

Do leases qualify for manufacturer rebates and incentives?

[@ChevyDude]

They typically are different from retail purchases

[@NWcpl]

This question is for mike and all other car salesman. When you see a new possible customer pull into your lot do you base how much of car/truck they can buy by the vehicle they drive onto your lot??. Do you look for those customer more because you know they usually have good credit and score? The reason I ask is I have very high end vehicle 2018 Audi S6 prestige S-line and I also have a 2017 Honda Accord sport. To my wife and I, it appears we get treated differently by the sales crew and management when driving the Audi to look for a new extra car compared to driving our Honda?? Would appreciate insight into this. Just wondering from your side of the fence.

[@w.j.guidry8459]

Yes you are judge by the vehicle you drive and the clothes you wear. I went to a dealership 3 nights in a row after work. I drove an old Ford truck and I was a carpenter and would wear jeans, tshirt and work boots. It was a VW, Audi, and Porsche dealership. First 2 nights couldn't get a salesman to talk to me. Third night I was told I didn't have enough money to buy VW Jetta and I needed to buy a Golf! Not because I had bad credit but because I was haggling the price! The next day bought the same car from an out of town dealer over the phone for less money than I was quoted for thr Golf!

[@toyoscio]

@@ChevyDude So he buys the car not she?

[@toyoscio]

NWcpl Gender may play in it as well. They're starting to teach many dealers to take women shoppers seriously

[@This_is_Sparta83]

So no money factor printed on the deal sheet?

[@06evo9se]

What’s the best way to know the base money factor or to know if they are marking up rent charge? Also is there a limit ethically that they can mark up the rent charge?

[@drwinlied]

This. Knowing where to find what has gone into the rent charge is key...a key i do not have haha

[@markt1067]

Usually 1 pt so if it's .00026 the max markup usually is .00126. depending on the vehicle it could equal 800 to say 1300. Let me guess, you don't want the dealer to make that either..lol

[@06evo9se]

Hahah heck no! On a 50k car that can be 80$+ per month! 50k sticker + 30k residual= 80k times .001

[@markt1067]

@@06evo9se the money monthly payment being equal to 80 bucks a month...yes. I was talking about the reserve for the dealer

[@Jukebox4Jesus]

Multiply the stated money factor by 2400 and you will get the APR. 0.00175 x 2400 = 4.2%.

[@brentketcham9601]

Another great video. Have another video idea. Pros and con of Special order vs buying off the lot. I’m about 3 months or less from buying my wife a new car. She wants a Forrester. Been looking locally in Cincinnati as well as Bachman. No one has any touring models available and we were pushed towards a special order at a local dealership. Not sure how special order affect dealer allocations and their willingness to deal on special orders.

[@Brgnd]

So this clearly doesn’t list the money factor. Are you required to tell the customer what the money factor is on a lease if they request that information?

[@Blessindisguise]

Wooow so looks like I was about to get ripped off!! The car I want is closer to $30,000 not this $40,000 and yet they trying to charge me $600 and not the $369 the website says!

[@peppermint2111]

Great video. Chevy Dude I would like for you to redo this video if possible . But a much slower explanation my head is spinning. 😳

[@PaceyPimp]

I'm getting charged $995 bank fee is that normal?

[@lancephelps3333]

What about a high mileage lease

[@stretchsws6]

Good video! Can you do a part 2 about getting out of a lease early. I desperately want to get rid of my company leased 2017 Silverado ASAP.

[@ILikeMetricMusic]

I like this idea :)

[@jalhellcat1114]

If you have a ride lease, Why?

[@stretchsws6]

JAL Hellcat It was a typo. I want to get rid of my lease early, not a ride lease.

[@jalhellcat1114]

@@stretchsws6 My Wife has had a Honda lease for years, her Dealership ship said will let her out at anytime. Just did 9 months early... Just ask.

[@walterumberfield3653]

Interested too as I have hit 36k miles in 21st month of 3 year/36k mileage lease. Not sure whether to just pay mileage at end of the lease, purchase car or see about turning it in earlier and getting new lease or purchase from the dealer.

[@elreyperez3116]

Do you have any suggestions im trying to get the new kia telluderide

[@nkrywko6363]

Can I put a down payment for my first car on my card or do I need cash as a down payment

[@MrFlyboy1313]

Cash

[@Izzywizzy74]

@@MrFlyboy1313 Why cant you put it on a 0% cc??

[@ExcellsNT]

Disposition fee? There's a fee when you turn your car in at the end of a lease?

[@AJC4866]

That sounds like a scam fee!

[@Usicky12]

That’s a fee straight from the manufacturer you can’t negotiate it. However, if you release from the same manufacturer even if it’s a different dealer you don’t have to pay it

[@jorgelanderos6925]

Hey can you owned a lease vehicle after your lease contract is thou?

[@jorgelanderos6925]

Okay thank you

[@Oneforhappy]

How you can purchase vehicle in the end of the lease ?

[@rookforce1]

Went to BMW to lease a 2020 X6. Salesman told me 10k for 12 mos with 9000 down. I laugh and walked out. Now i see my instincts were right. $4500 down 12k for 36 mos or i walk...

[@marialanderos6876]

Is it better to get a loan from my bank before hand than go with the car dealers to avoid getting screwed?

[@stevejones01]

yes

[@MrFlyboy1313]

Not for a lease, only to buy. Honestly, if you tell the dealer your exact interest rate and terms from your bank, they can beat it because they have so many banks to shop the loan to for a better deal.