He's the greatest LEASE HACKER in history!

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VINwiki

VINwiki

Күн бұрын

Пікірлер: 132
@marcgarrett5427
@marcgarrett5427 10 сағат бұрын
Audi just wanted to get rid of the remaining inventory. They're getting free advertising from Ed.
@oscarferrari308
@oscarferrari308 7 сағат бұрын
I’m willing to bet good money that Ed was compensated in one way or another.
@prairiefarmer5994
@prairiefarmer5994 6 сағат бұрын
@@oscarferrari308he did say in the video Audi paid him $3k for his editors car that was broke down for a month to avoid a lemon law suit and no doubt social media backlash after Ed makes a “I’m suing Audi because of my editor’s E Tron” video.
@oscarferrari308
@oscarferrari308 6 сағат бұрын
@@prairiefarmer5994 That’s a totally different thing though.
@VINwiki
@VINwiki 5 сағат бұрын
Nick is just a great friend. I don't get paid on them. Happy to pass the great deal along to our viewers and friends.
@flaco8139
@flaco8139 5 сағат бұрын
Free publicity is great publicity for either sides
@VINwiki
@VINwiki 10 сағат бұрын
When the lease is cheaper than tires and brake wear on a normal used car, how can you go wrong? Thanks Nick!
@dertythegrower
@dertythegrower 10 сағат бұрын
Limited mileage, is really the only thing that is a con in a reasonable pro versus cons debate on that
@CH-qt4hr
@CH-qt4hr 7 сағат бұрын
but it's not. Once you add in taxes it's a lot more than Ed is saying
@joho0
@joho0 7 сағат бұрын
I just spent nearly $5,000 for new brakes and tires on my 2022 S4. Calling my Audi dealer today.
@RicCross
@RicCross 8 сағат бұрын
When I heard “7500 miles in year” on a lease my thoughts were, “In Atlanta? That’s gonna leave a mark…” Sure enough, 9K and change…
@albertwong5793
@albertwong5793 10 сағат бұрын
Feels like I'm listening to a PHD course when I need a ELI5...
@jbinmd
@jbinmd 2 сағат бұрын
Audi discounted the new car but not its expected value after one year (the residual). Thus, the two values were similar. A lease payment covers the delta, but with the delta near zero, the lease was cheap. A year later, these cars are coming off lease and are worth a lot less than the original residual. Audi could take a bath on reselling the cars or lease them out again so that they don't have to take the bath for another year.
@marcus_w0
@marcus_w0 10 сағат бұрын
We had something similiar (although with a Fiat 500e) in germany, where you basically paid $0 to take the lease and have it two years, because of government subsidies for EVs that were higher than the lease.
@johnhufnagel
@johnhufnagel 9 сағат бұрын
if someone figured out how to do something like that in the U.S., I'd get one of the new 500e's. an older one has been on my want list for many years, but prices in the used market are... stupid.
@Goot449
@Goot449 7 сағат бұрын
@@johnhufnagel colorado had a deal late last year for that very thing. TFLcar bought two of em.
@MBisFrenchy
@MBisFrenchy 7 сағат бұрын
@@johnhufnagel In Colorado they did have something where it was extremely cheap recently.
@jonjonr6
@jonjonr6 10 сағат бұрын
We're going to make "Ed Bolian" a verb. For example, How did you get such a going deal? I Ed Bolian'd it .
@TezDaGunMane
@TezDaGunMane 9 сағат бұрын
😂
@wesleygay8918
@wesleygay8918 7 сағат бұрын
I love it when a plan comes together
@tomkopp2115
@tomkopp2115 11 сағат бұрын
Ed stories start the day off right. Thanks for everything!
@uncouver
@uncouver 2 сағат бұрын
When I worked for BMW in Canada this was basically the lease program for employees. It was called Drive Your Brand.
@jonathanallen9304
@jonathanallen9304 7 сағат бұрын
Big Eddie Vert putting Nicks kids through college 🤣🤣 love to see it!
@Reaperman4711
@Reaperman4711 Сағат бұрын
5:38 oh, he's one of daytime auto-high-beams drivers. 🔦
@EdBolian
@EdBolian 10 сағат бұрын
What is the craziest lease deal you have ever seen?
@virtualsafetycar1991
@virtualsafetycar1991 7 сағат бұрын
just picked up an Acura ZDX A-Spec for a 24 month lease one pay of 7k w/ taxes and they allowed it to be put on CC with 5% cashback haha!!
@cephasmakuzva
@cephasmakuzva 5 сағат бұрын
​@virtualsafetycar1991 how many miles. Thats like 277 a month. You paid absolutely nothing for that car.
@rustknuckleirongut8107
@rustknuckleirongut8107 5 сағат бұрын
Back in the forties the US Government would lease you an armys worth of tanks, wepons and planes for the low low price of fighting the Germans for a few years.
@MeKo
@MeKo 5 сағат бұрын
Leased ID4 back in July for 3 years for $189 a month with zero down and 7500 miles/year. They have that deal now in January, but with 1k down.
@virtualsafetycar1991
@virtualsafetycar1991 3 сағат бұрын
@@cephasmakuzva 7.5k a year
@clintmiller88
@clintmiller88 8 сағат бұрын
Nick got the best advertisement deal of all time for this video lol
@MBisFrenchy
@MBisFrenchy 10 сағат бұрын
Porsche has good deals sometimes on their CPO cars but for the 12 month 15k lease term. You can get a two year old low mile loaner for less than 1% effective payment sometimes including taxes.
@42dunbar
@42dunbar Сағат бұрын
I’ve been tempted by some of those CPO Taycan lease deals. Having driven both the Etron GT and Taycan I like the way the Porsche drives a lot better (when spec’d with air suspension.)
@MBisFrenchy
@MBisFrenchy Сағат бұрын
@42dunbar I've seen the older Tacans especially base less than 1% msrp but getting the right features can be hard I agree.
@42dunbar
@42dunbar 4 минут бұрын
@@MBisFrenchy Yeah, the good deals are typically 2020 or 2021 Turbos and 4S’s. Around $1k a month for 12 months which ain’t bad when 4 cylinder Macan loaners are going for $700-800 a month.
@rje21
@rje21 49 минут бұрын
The Regional Team at then Daimler Chrysler, put $7,000 “Cash” to dealer to take STD. Cab RAM from the parking lots at airports, 1,000’s of trucks were built a day that weren’t sold so we sold them to dealers. With the rebates to consumer, and holdback (4%) and Deliver allowance (1%) combined with this $7,000 combined for MORE than the Cap Cost….YEs the dealer could have technically given the Trucks away and made $4,000 Net. The dealer took as many as he could get, we sold him something like 200 new trucks in ONE DAY. Truly a Black Friday special.
@talk2tackett183
@talk2tackett183 10 сағат бұрын
I just got a crazy lease deal on my Equinox EV RS so I'm set for the next 3 years, however it has changed my perspective a bunch on EV's and I could definitely see myself leasing another one in the future!
@dertythegrower
@dertythegrower 10 сағат бұрын
They are handing them out, my neighbor just had a kid and leased the nonEV in small town far NW hours away from Detroit in the mitten
@jakedarang
@jakedarang 10 сағат бұрын
All the dealerships around me have garbage for lease deals it's so frustrating.
@ratboyiscool
@ratboyiscool 9 сағат бұрын
Oh God your kidding me right. Chevrolet and ev don't go hand in hand. Get rid of that ASAP before it leaves you stranded. No regular mechanics want to touch it and they won't make parts for long.
@talk2tackett183
@talk2tackett183 9 сағат бұрын
@ratboyiscool I leased it, I'm not worried about anything going wrong with it, I'll be covered under warranty the whole time.
@42dunbar
@42dunbar Сағат бұрын
Equinox EV is great if you qualify for the GM supplier discount. Even better if you have a Bolt. If not, you need to cross shop it against the other killer EV lease deals from Hyundai, Kia, VW, Honda and Acura.
@mattportnoyTLV
@mattportnoyTLV 9 сағат бұрын
I think I’m going to build an ‘as well’ counter for this channel. It will count the number of times they say ‘as well’.
@deebil8099
@deebil8099 2 сағат бұрын
Lol, if I would have known about this lease, I would have got 5 of these Audi's without knowing what to even do with them. It cost me $375/month just to rent a garage space in my condo. $250/month is basically free.
@user-st6gj5vv6s
@user-st6gj5vv6s Сағат бұрын
I find the best time to get a lease deal on any car is the end of the month in June. Around when next year models are coming in and they want to sell off older inventory.
@newfinishautospa
@newfinishautospa 8 сағат бұрын
Appreciate the share, but that’s a lot of hassle for a car I really don’t care about to begin with lol
@CH-qt4hr
@CH-qt4hr 7 сағат бұрын
the taxes can be a LOT more than the payment being mentioned
@42dunbar
@42dunbar Сағат бұрын
Depends on your state but AFAIK most states charge sales tax on the monthly payment. The registration fees are what can get you. A $160k MSRP car in California would probably be $1400 for the first year registration.
@itsnotme07
@itsnotme07 10 сағат бұрын
Ed, the SHREWD negotiator. LOL Cool deal for sure, just wonder how much did those Audi's cost to insure? And what was the GAP cost?
@costafilh0
@costafilh0 8 сағат бұрын
Used Car Leases are the only way to own an EV without getting ripped off and without screwing the environment. You'll own nothing and be happy at it's best! Own your good old stuff, like your ICE cars, and lease all this new tech crap for cheap!
@nightowl9519
@nightowl9519 6 сағат бұрын
I agree, I actually like some of the features of the new electric vehicles, but when you might need to replace it every few years like a cellphone, why not lease?
@vstan9023
@vstan9023 Сағат бұрын
Ed Bolian should be a politician.
@johntaylor-lo8qx
@johntaylor-lo8qx 7 сағат бұрын
Wow, knowing Ed if your a proper dealer definitely has its up sides. Gotta love Honest Ed.. You've built such a following. Glad your doing well. You deserve it ✌️.
@shdowdashie01
@shdowdashie01 4 сағат бұрын
Its almost like the trying to make it look like new Ev's are selling when there not🙃
@darrensanimalsreptilesfish30
@darrensanimalsreptilesfish30 3 сағат бұрын
Lease dump repeat has been great advice for someone like me that constantly gets bored and doesn’t want the headaches of owning any of these pieces of shit long term
@originalbigmike
@originalbigmike 8 сағат бұрын
I called my local Audi dealer the second I finished watching the original video and they couldn't get the lease payment below $1700. Which sucks because I love electric cars.
@VINwiki
@VINwiki 8 сағат бұрын
For a one year single pay?
@originalbigmike
@originalbigmike 8 сағат бұрын
@VINwiki yup. Even sent him a link to the video for research.
@thedragon356
@thedragon356 7 сағат бұрын
@originalbigmikeyeah take these videos with a grain of salt. A lot of the time it’s mostly luck. I’ve never seen anyone actually able to replicate these deals
@OutlawatAudi
@OutlawatAudi 5 сағат бұрын
As a GM of an Audi store I love the brand exposure, but wish it wasn’t about EV haha
@lukylex
@lukylex 6 сағат бұрын
160,000 for car that looks like a Hyundai, that e-tron is not even Mid😮
@daveplem
@daveplem Сағат бұрын
That was a long ass commercial for his buddy.
@ronald4life1
@ronald4life1 4 сағат бұрын
High end luxury cars always depreciate electric or ICE.. Accept that. but note how happy he was with an electric car to get another one!
@sprolyborn2554
@sprolyborn2554 3 сағат бұрын
electric cars are great if you are like him who has several ICE cars in his garage that is larger than my house to do what the EVs cant.
@virtualsafetycar1991
@virtualsafetycar1991 7 сағат бұрын
It was a nice lease to own for 18 months... Hopefully they do it again haha
@flaco8139
@flaco8139 5 сағат бұрын
I like the sudle changes on the intro came out sweat! 😎
@Mc_muffintop
@Mc_muffintop 4 сағат бұрын
Car and driver sounds like the perfect sponsor😂
@Mc_muffintop
@Mc_muffintop 4 сағат бұрын
And now so does Tesla
@daveblackmoto
@daveblackmoto 9 сағат бұрын
Has to set playback to 1/2 speed on this one. 😂
@jeromeandre4915
@jeromeandre4915 3 сағат бұрын
ahhh, can't beat this!
@usermanico
@usermanico 6 сағат бұрын
For the first 2 minutes he talked extremely fast
@MBisFrenchy
@MBisFrenchy 10 сағат бұрын
Right now the ZDX one pays are where it's at for the general masses.
@ven412
@ven412 8 сағат бұрын
$7500 off the top makes leasing EVs the way to go. Especially if you don’t qualify for the purchase credit
@gickneorge
@gickneorge 10 сағат бұрын
If I recall correctly that video got deleted! Never got an update.
@VINwiki
@VINwiki 9 сағат бұрын
They didn't like him talking about it, but I get to.
@maxwrangler5788
@maxwrangler5788 4 сағат бұрын
The only problem is these Audis take 3 full days to charge once you run the battery down…. Still a rad car though
@sprolyborn2554
@sprolyborn2554 3 сағат бұрын
and thats what makes EVs non-starters.
@AbigailBacker-l5j
@AbigailBacker-l5j 10 сағат бұрын
Really cool! You're humble, but your humor is legendary.
@JMastr1
@JMastr1 2 сағат бұрын
They are used for sale $50k
@DwayneAntonio-hk9fz
@DwayneAntonio-hk9fz 9 сағат бұрын
Wow. Talk about a steal of a deal!
@chrissiebeneck3294
@chrissiebeneck3294 10 сағат бұрын
Interesting video Ed!
@benz500r
@benz500r 10 сағат бұрын
Years ago everyone wanted to be like Mike. Nowadays, everyone wants to be like Ed.
@brenangreen-sherman6918
@brenangreen-sherman6918 5 сағат бұрын
When this all happened I called a few dealers and they said it was like 12,000 for the year and most of it was taxes. Not sure why it was so different?
@VINwiki
@VINwiki 5 сағат бұрын
There are several tweaks they need to make in the system to get the residual up. As I said, most couldn't figure it out.
@ajdahun
@ajdahun 9 сағат бұрын
Who'da thunked that a lil ole video by Ed was VW groups best (or worst? Financially speaking) advertising in N America?
@lumpeegrendel1636
@lumpeegrendel1636 3 сағат бұрын
Hey, just asking, but can you point out any people/company/resources for finding a 2015 audi r8 v10 manual? I cant seem to even find one for sale. These things seem impossible to find.
@jonathanallen9304
@jonathanallen9304 7 сағат бұрын
Baby #4 on the way if the GL63 needs a new home 🤷🏾‍♂️
@VINwiki
@VINwiki 5 сағат бұрын
Congrats on the baby. Email info at vinwiki dot com
@jonathanallen9304
@jonathanallen9304 3 сағат бұрын
@@VINwiki thank you!
@HOCVAZach
@HOCVAZach 10 сағат бұрын
Brothers that commented below me, the video has been up for 4 minutes, stop the simping. I'm still watching.
@fudogwhisperer3590
@fudogwhisperer3590 8 сағат бұрын
You will own nothing and be happy
@daveblackmoto
@daveblackmoto 9 сағат бұрын
Just landed in New Orleans to pick mine up. W00t!
@Justin-hz8bh
@Justin-hz8bh 9 сағат бұрын
Anybody know of another killer lease deal out there for the masses? Anything?
@VINwiki
@VINwiki 5 сағат бұрын
They had a few up for grabs as of this morning. Call them and see what's left.
@OneOut1
@OneOut1 5 сағат бұрын
​@@VINwikicall who ?
@Justin-hz8bh
@Justin-hz8bh 5 сағат бұрын
@OneOut1 his buddy's dealership in Louisiana I think.
@MrHootie249
@MrHootie249 9 сағат бұрын
What's the insurance payment on that car?
@kwashelby2010
@kwashelby2010 8 сағат бұрын
Great video, lots of math though, I'm not very good at math.
@theslumlordmillionaire
@theslumlordmillionaire 10 сағат бұрын
Was it actually an error o or a way to help offset year one depreciation knowing they’re gonna have to depreciate it next year just simply by being year end model 2024 instead of 25. Now is that market picks up and people are returning their 12 month leases they’re still able to resell that vehicle at the new discounted depreciated price but that was then offset by the $6000 payment. What this also does for marketing is show that people are currently in the cars driving them around and enjoying them versus having to discount a car because it’s been sitting on your lot for 8 to 12 months so I don’t think this was a mistake. I think this was extremely creative financing by Audi.
@VINwiki
@VINwiki 9 сағат бұрын
Correct. They will just get to take the losses later. It was strategic, we just get to benefit.
@mrmanown
@mrmanown 9 сағат бұрын
What’s going on here is EV’s are a depreciation and financial disaster
@maryking9706
@maryking9706 10 сағат бұрын
This is truly great! I'm proud of how you make us laugh!
@AlexisTexas806
@AlexisTexas806 10 сағат бұрын
Ed I been promoting your visa online.
@brob9995
@brob9995 10 сағат бұрын
etron means turd in french
@joeblow701
@joeblow701 8 сағат бұрын
How to maximize the monetization of KZbin…..
@42dunbar
@42dunbar Сағат бұрын
I’ve seen some of the cheap Q8 one pay leases from brokers in California. Would probably get one if I didn’t already go for a cheap Hyundai Ioniq 5 one pay lease. Hoping Trump doesn’t kill the 7.5k EV tax credit so I can lease another cheap EV in 18 months.
@JeremySparks-sp9og
@JeremySparks-sp9og 10 сағат бұрын
Damn that's cool
@killerjhul
@killerjhul 10 сағат бұрын
😂 we are doing this video again Ed?
@VINwiki
@VINwiki 10 сағат бұрын
New car, new video!
@killerjhul
@killerjhul 10 сағат бұрын
@VINwiki haha love it!
@toddandrews6352
@toddandrews6352 11 сағат бұрын
good morning
@christianstemm8216
@christianstemm8216 10 сағат бұрын
Good morning
@BigBisalreadytaken
@BigBisalreadytaken 5 сағат бұрын
I still don't understand... lol.
@bruceb9552
@bruceb9552 8 сағат бұрын
Your editor drove over 10,000 miles on a 7,500 mile lease and You drove 9,100 miles.. what is the extra cost per mile?
@hyacia
@hyacia 6 сағат бұрын
Probably 0.25 cents per mile. Compared to the residual drop for a higher mileage allowance, it's cheaper to take the lower mileage terms and just pay for the excess miles with high MSRP cars.
@VINwiki
@VINwiki 5 сағат бұрын
Correct. $.25 per mile and since the dealer wanted to buy mine, I didn't get charged.
@hyacia
@hyacia 5 сағат бұрын
@@VINwiki Met right in the middle 😉
@clintmiller88
@clintmiller88 8 сағат бұрын
Do you even like that car?
@VINwiki
@VINwiki 5 сағат бұрын
I will talk more about that in a personal channel video. Answer is no...but...it is a wonderful appliance for
@rhetoricaljoke
@rhetoricaljoke 11 сағат бұрын
I didn’t even watch, I’m just commenting.
@donmynack
@donmynack 9 сағат бұрын
I legit don't understand leases at all. The only time I leased, I got killed by mileage charges turning the car in. Never again.
@gnarshread
@gnarshread 7 сағат бұрын
So the lease works provded you put almost no miles on the car.
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