How To Lease A Car In 2025 ($0 Down)

[@RyanScribner]

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[@KevinRuizContreras]

Video starts at 5:18

[@maconis1]

Lol

[@marsbeads]

thanks

[@GetToThePointAlready]

Thank you I hate people like this who spend an enternity to get to the point.

[@claritzafleuristil2420]

Thank you

[@loadedwhenup]

Ty

[@evan9536]

As someone who works from home, this really helped. Given that I have no commute, I’ll use lower km’s/year as a big bargaining point. I was always under the impression that leasing never leaves you a winner, but I think I can make a case in my scenario.

[@pearlivory3483]

Business owner. I work from home with occasional trips to clients (mobile notary and accountant). Leasing made sense for the moment.

[@thewealthwarren6940]

I've leased a car for the last year and has been BY FAR more cost effective than buying a car and owning. Will continue to lease for the foreseeable future

[@geneclover7748]

Can I ask how ?

[@JustAbe1020]

how? plz explain?

[@MikaeIe90]

@@geneclover7748 I’m going to assume the low monthly payments and the included car maintenance. Depending on the vehicle he’s driving new, might also be getting real good MPG on the road and saving on gas as well.

[@josryder7841]

💯unless you can afford to pay for a car in its totality a lease is the way to save money. We ALL know the minute you finish paying on your financed car it starts to give problems that require money to fix🤣

[@reece758]

@Gas Pack has something changed in 11 years? I leased a 2010 Honda Accord and definitely had to pay for maintenance and repairs.

[@patouwhale]

Sales tax is another key factor to consider. Most states charge sales tax only on the down payment, the monthly depreciation, and the eventual buy-out, versus paying sales tax on the entire purchase price when buying.

[@iwannacutube]

The money factor indicates the interest you will pay on a lease. It's used to determine the finance fees on a lease with monthly payments. Great video thanks!

[@wolfrig2000]

You pay no interest on a lease. It's not a purchase. You're just renting the car.

[@kdub175]

@@wolfrig2000you pay interest on your loan, you’re financing the amount needed to cover the depreciation, tax, and fees. $25,000 Car sale with a 63% residual, says the car buyout in 36 months is $15,750. So this means 37% depreciation is $9250 which is the portion you’re (“renting”) buying. Add on any tax and fees. your loan APR/ money factor will impact this amount.

[@Shakashack2022]

@@wolfrig2000 If “interested” (pun intended 😊), here’s a short explanation of the money factor / buy rate for leasing. Yup, there’s a profit to be made in leasing too with interest rates. kzbin.infomAHzvXetQ4I?si=CFvukiSdboWTJIxS

[@kelseyszn8270]

This was very helpful and I’m glad you started from the very beginning on even the difference between lease and buying. Newly grad, no car buying experience and a woman on top of that, I fully expect for the dealerships to try to swindle me.

[@Theegoaat]

Get a Tesla the price is set.

[@thecasual4880]

My boy just update the year each year, great idea. It's also for people who know you're wasting your money on anything aside from a toyota or Honda but can't afford to buy, so you can lease whatever you want.

[@nycohd4147]

I’m only 4 minutes in bro and I appreciate you saying what you said I’m watching and paying attention full on 💪🏾

[@bongm6039]

Very informative video! Finally somebody who actually explained the essentials of leasing in a clear way. Thumbs up to you!

[@Shakashack2022]

Agreed. Best thorough explanation! Same basic info for today’s 2024 market, eventhough filmed 3 years ago. 😂

[@jt2428]

I think it’s really nice that you care about your viewers/subscribes by having them aware of scammers, most don’t disclaim that, by the way great video this helped me lot thank you

[@deborahfisher2427]

I'm looking to lease a Honda Civic this weekend. I am so happy I watched this video beforehand. Now I have a clearer understanding to guide me through the dealership experience!

[@DanielCruz-js4oh]

Did you get the civic ?

[@deborahfisher2427]

@@DanielCruz-js4oh Unfortunately I did not. I was oblivious to the current low supply/inventory crisis world. Thanks for checking.

[@DanielCruz-js4oh]

@@deborahfisher2427 We have 0 mark ups at the honda dealership where I work are you willing to do MSRP ?

[@deborahfisher2427]

@@DanielCruz-js4oh I think I will check again in the spring.

[@DanielCruz-js4oh]

@@deborahfisher2427 okay ,I work in sales in Findlay Honda Henderson if you want to do just MSRP.

[@authenticchatbox2827]

Dude this has been so helpful and very impactful I’m in a sticky situation right now and some one recommended me to lease a car and when I start searching you came and broke everything down i will still take my time to make I have everything correct but the resources and information you gave was spot on and very understandable

[@paulamcneeley148]

Thank you, our car broke down and usually we just rush out and buy something, since my husband hates car hunting. I was trying to see if leasing had any wiggle room on monthly payments. You gave me not only that answer but alot of other things I never understood or thought about dealing with leasing, verses buying. Thank you so very much.

[@uhohhotdog]

So what did you decide

[@bigjdm5460]

have a great score, check the tier one money factor , hopefully the car has a solid residual. BUT IF ITS A CAR IN HIGH DEMAND AND INVENTORY IS LOW. YOUR NOT GETTING A DEAL PERIOD

[@davidjondoh8671]

Great video Ryan. I was shocked to see that we share the same last name! All the best to you!

[@RyanScribner]

HAHA funny coincidence!

[@wolfrig2000]

Lol. Why is this a 2023 guide but posted 2+ years ago. Quit changing the title every year if you're not going to make the video applicable to the actual year.

[@jhino2926]

It’s 2024 now

[@r9153]

😮😮😮😮

[@icecoldac3]

🤔

[@elliyahuabramov]

I’m only 15 years old getting my permit soon. This helped me a ton. Thank you

[@TradingWithCJ]

Starting early! Love that!

[@Once800-]

Good job.

[@brotherjoll1802]

crazy. kids be peaking young

[@CraftyLemons]

Learn to drive with an old Mazda miata or sum. Go to racetracks and pay money or find empty parking lots to just fuck around and do donuts and drift and learn to control your car. Like really learn to drive good and practice for a few years b4 getting something luxury and expensive. Open credit and build your miata a bit while you save up money for a few years. You'll be driving a m4 or sti or hellcat or something sweet while all your peers drive common volkswagons and civics and corollas lol. You'll be like 18 big pimpin my dude

[@wesjewell8778]

I’m 18 and looking to gather information on payments and leasing vehicles as I get older and grow my business. This helps the most! Great video

[@Nedxr777]

Here’s some free advice. NEVER borrow money to buy a car. NEVER !

[@Steve_in_NJ]

I've been leasing since 1998. I've usually just turn in my vehicle at end of lease and get a new model of the same vehicle. That scenario changed twice when I stopped leasing Subaru vehicles and went to Hyundai. Then I went from sedan to crossover. Now, I'm doing a lot of research between EV (nope!), hybrid (Toyota Corolla Cross? Maybe), and another ICE crossover. Leaning towards the 2024/25 Kona as my 3rd Kona lease as I like the redesign and get discounts for loyalty. If I go Toyota, then I settle for a less-inspiring interior for better mpg, but I drive under 5,000/year, so mpg is irrelevant right now. I always do the math beforehand, but now, post-pandemic, I can choice the color and refuse options that the dealer wants to throw in to jack up price. I can walk away now.

[@wyatthedine7503]

I want to say I watched this from start to finish and it was very informative so thank you Ryan, I learned some things about leasing! I’m not one to lease a vehicle (even if it is $0 down) but for someone who is inclined to do that, I’m sure that what you did with screen-sharing your convo with the broker would be especially helpful!

[@manoklual1117]

I’m 18 planning on leasing a car this video helps a lot and give me a better insight on leasing a car I really appreciate it💯

[@LuisEstevez-o3g]

This guy is a true visionary. Three years ago he saw what leasing a car in 2024 would be like.

[@jessefung9688]

Been leasing cars as a job for a few years! Great tips for the public Ryan! Hope one day I can inspire my followers like this. 👏👏

[@Shunpall]

Best video on car leasing so far! Thank you sir!!!

[@RyanScribner]

Very welcome!

[@JakeCarlini]

I leased my old Corolla for 3 years and drove like 80k miles on my 30k lease lol. I bought it for cheap after that.

[@bslorbust]

Do you pay more for driving over the allowed mileage?

[@raymiller764]

@@bslorbust not if you purchase it, my experience is that the purchase price is higher though

[@cnotebeats8061]

U paid 30k for a Toyota ?

[@JakeCarlini]

@@cnotebeats8061 no it was. 30k mile lease.

[@JustSaiyan9k]

So how does that work? do you have to buy the leased car outright or can you get financed for it through a credit union/ bank? Any tips would help because I'm trying to figure out how to get my dream vehicle without having to spend $10,000 on a down payment to make the payment per month reasonable

[@darrylkeith57]

I took a lot of notes and you brought a lot of clarity to many questions. Kudos for posting this

[@ArrickthaRed]

I lease all the time. This video was very helpful in preparing me for my next lease. The dealer doesn't stand a chance.

[@tonypringle1851]

Watching this video hoping to get a car here in the next few months currently don’t have a license. And just now about to start my second job to save more for it !! We got this y’all.

[@JennyCuevas-o4m]

Best email about leasing! 👏🏻

[@geegee4909]

This has to be the most educational video I’ve came across. All in one video!! THANK YOU! I’m planning to lease a car in a couple of months but didn’t want to go in blind sided. Thank you thank you!

[@scottr2706]

There is never a mandator down payment on a lease. As with a finance, the requirement for a down payment on a lease is determined by the lender based on the lessor's credit profile. Just a risk analysis by the lender. A down payment is often included in lease advertisements to reach the advertised monthly payment. Without that down payment the monthly payment will be higher.

[@Widebody20]

Great video young man. You have made up my mind about buying versus leasing . Thanks a lot.

[@juliamckennon111]

this video is going to help me save money and make the process much smoother! Thank you!

[@jimcui4517]

the best lease advice i got so far. thanks

[@anthonybourdainsblacknephe4921]

What type of credit is typically needed to lease a less expensive car like a Honda or Toyota?

[@Sqirldashadoo]

Zero down on a car purchase will usually always leave you upside down at the 3rd year of a 60m finance so that makes the zero down lease seem like a pretty good deal.

[@rainbowbrightone9852]

Im confused explain little more to me

[@itskyley]

can you explain?

[@elicash315]

Lol tell the dealer you’re not putting anything down, they don’t give a shit. I just saved you 43 minutes of your life. You’re welcome.

[@rowebil00]

3:57 the video can be shared unlimited amount of times. The amount of Likes a video has does not determine how much it can be shared. I liked it anyway because I liked the content shared in the video. Thank you.

[@moowam1]

I am not even in the US but found many of the pointers great in understanding how leasing works and whether it would work for me as I am living in a country different from my own. So clearly explained too - I was able to clean my kitchen as I listened to your video and I def learnt a lot... thanks

[@thebobsmith1991]

Please listen to it again while cleaning my kitchen 😆

[@Simsim3e]

I grabbed a seltzer! Nixie Strawberry hibiscus is one of my favorites. Thank you for the helpful information!

[@tonycadiz891]

The best video out there! Thanks

[@edgenovese]

This was the perfect video at the perfect time. Clear and easy to understand~ 1st time leaser... Great job!

[@666dynomax]

dont lease

[@Shakashack2022]

Hello. Shopping now in 2024, in addition to his video, do you have new helpful tips? Thanks.

[@creatingyourlifestyle4898]

We, the community, are going to need you to put all these formulas and data points into a excel/google sheet for leasing and buying a car. Maybe add a tab with trade-in values with calculations. If it’s accurate I’d buy it for $50 a$100 to not get screwed on my next car.

[@chancerobinson5112]

@9:10 Leasing is also for Seniors. They not only drive less, but may not be driving for more than another few years.

[@chancerobinson5112]

Ryan, I think in your speech pattern, your use of the term “guys” is off the charts!

[@stranger21ny]

While we all appreciate your efforts and your time. This is really informative however, in Feb 2022 not much you can do when there is a shortage of inventory and the cars are selling for a 10% markup. Ive tried all these tricks and ended in having to lease and put a 3000 down payment. Again this is Feb 2022. Thanks

[@gaunle6542]

Hey I was also trying to lease a car. So is paying 3000 down. Worth it? And how much payment does it decrease as a a monthly installment? Which car did you buy? And what was the estimated residual value? And at what interest rate did you buy it?

[@nat29sal]

You’re right- there are no incentives or any lease cash being offered. Dealerships are not trying to negotiate because they know the demand for new cars are high- so basically if you don’t want to pay, someone else will. I just leased a new BMW and put $ down to lower my payment and pay taxes, etc. upfront. People will tell you you can get a zero down lease but if you get a $50,000 with a 58% residual, your payment is based on 30,000 for 36 months, which is ~800 a month. If you’re ok with paying that great- if not, need to put $ down.

[@SandureKrovet]

I only drive 17-35 miles to work, I think this will be a good option for me

[@Upracefan]

With Ford, you can end the lease at anytime and just buy it or sell it to anyone without penalty, it’s basically the residual purchase price plus the remaining lease payments, i got out of mine last year 9 months early, thanks to the market going crazy, it didn’t cost me a dime to get out, in hindsight though, i should have kept it, because its worth about 10 grand more than the residual price would have been.

[@roxxigirl1320]

Yes. Because used vehicle prices have skyrocketed

[@andrewcha1528]

New to lease and happy to find this amazing lecture. Worth thousands dollar. Thanks Ryan. Subscribed and see you in next 3 years lol

[@lazstan]

@andrew Cha....worth thousands.... To the dealerships profits

[@AbdelFlix]

@@lazstan please stop arguing, when what you're saying is false and you completely missed the point of the video!

[@karen4415]

Best explanation ever, it will be my instruction for the next car 🤗

[@socalthamizhan]

Thank you for the detailed explanation, i'm looking for my 3rd leasing car, i always walk-in to showroom with the thumb rule zero down or $500 which includes my first payment, DMV and registration fees.

[@restorethafeelin]

Thank You! Very Helpful!

[@LicPlate8VPL158]

Ryan! Kia is offering $2500 is "residual value Support". What does that mean>???

[@PJH4101]

Excellent content!!! Thank you for breaking it down a level that the average person can understand. years ago?

[@MonarchMamita]

Dude super good video!!

[@LilmissBooker]

OMG thank you, just thank you! You were so easy to listen to. Very informative, and I appreciate you!!

[@tomkat2290]

I’m looking into a Subaru, great video thanks

[@johnnewman7339]

If there is no down payment that means they will split it in the monthly payments. You will pay taxes when you buy a car and even when you lease a car, remember it.

[@turkwendell6904]

If you buy you will always pay all the tax on the vehicle but if you lease the amount will differ by state. In many states when leasing you only pay taxes on the depreciation, in others you pay on the entire vehicle like buying.

[@lovelyeyessee]

thanks, watched video without distractions -as instructed. i feel i have a good starting point on this leasing business, now.

[@rs6578]

Great video right on the point. Keep up the good work!

[@monicaanderson3144]

I really loved how you broke things down . I gave me hope👍🏼

[@danielyg6011]

Great video!

[@SillyNillyNiki]

Also I heard that you shouldn’t just give the car back because you’ll lose out on money I can’t remember what it’s called but you can get money at the end of your lease

[@azjimmy]

Good information. Liked the way you went over the whole process.

[@keska01]

what is the difference if you roll it into another vehicle or less it at a loss vs paying the "loss" upfront... either way you pay for the depreciation..

[@juanm1897]

Hey, you didn’t mention about credit scores. I’m 530 score, can I do lease with that?

[@randallscott1643]

Thank you for the great information. I would send you a couple of bucks for the info, but I had to watch some commercials.

[@damanyconde7385]

This was a great video bro thank you

[@Victor-qz3bu]

Need to know what manufacturers are leasing compacts with 0 ‘ down payment!? Appreciatively, Vick S.

[@sunnydaze5674]

Great video and so in-depth. I’ve been considering leasing a car because I’d love to have a newer car.

[@inea-fijourney22]

*Dave Ramsey just left the chat* lol 😅

[@bschlach]

Leases are good for banks, car makers, car dealers, auto workers. They are only not good for the person getting the lease. Lol.

[@rich068]

@@bschlach man there's very few cars out there that are good for the buyer. Almost any car depreciates immediately as soon as you drive off the lot. Buy outright and you're instantly out money Finance and you're out your down payment plus you're upside down on a car untill you have so little left that you may have the slightest bit of "equity" but by that point how many miles have you put on? How much maintance is needed and what general condition is the car in? With a lease you get a car during its most reliable stage... sure you don't own it at the end but you're also not upside down on a car loan and sometimes leases won't diminish as much as initially thought. I like Dave Ramsey on some topics but a car is almost never an asset and almost always a liability. So why not pay for the least maintenance and best condition without having the commitment of a car that depreciates.

[@ramsanchez6318]

@@bschlach I will say something but everyone will try to do it n will take my opportunity to do it

[@jameskroff]

@@bschlachall the rich families I know lease

[@anthonynguyen5820]

What’s a great tutorial. Thanks

[@KeithWilmo]

What if you drive a lot but you still want a car that has a warranty anyone at switch up every three years?

[@icecoldac3]

Great question. Still looking for this answer. Need a daily driver/family SUV and I want it to be leased.

[@naradpaudel2751]

thoroughly researched materials I appreciate the effort Mr Ryan

[@JimmyGrunsfeld]

Wish I had known any of this before leasing from Fletcher Jones Audi in Costa Mesa. Horrible experience. Would never go back there and anyone who does ask question, read all the fine print and don't take them for their word.

[@Nsuave11]

Great video Man… I took notes and I feel more than equipped to go to my dealer to discuss my lease. Thank you so much for putting this together.

[@LM33333]

Thank you. Great video and so useful.

[@SillyNillyNiki]

Question and I hope you see this, when you lease a car can you lease with a bank or does it have to be with the dealership? I know with financing you can come prepared with your own financing so you can avoid getting duped but is it the same with leasing?

[@biagomes1864]

I would like to know that too

[@tommedvedich]

man this was absolutely awesome. took so much confusion out of this! I've leased 2 vehicles basically blindly and i'm about to do my 3rd... but this time with some knowledge!

[@gaunle6542]

@Null nopee you will use alot of miles for that and leasing is not for high milage driving.

[@Fatelvis2]

my mother leased a car long story short she didnt have insurance and had an accident what is her best option I think she should present the situation with the dealer and at least get an idea of how they want to deal with it

[@chanelright1205]

Im someone looking to renew my 2022 lease and dealers don't want to talk numbers on the phone or through email. How do I work around this without having to travel all over the state to dealerships?

[@HeyMariahAnne]

This is amazing 🙌🏼🙌🏼🙌🏼

[@soniamichelle2393]

I am leasing a 2021 VW Atlas & used the leasehacker calculator & Edmunds you recommendedd. Now when I head to the dealer next week, I'll be able to Not look like a deer in headlights. Thank you so much for explaining things in a normal, easy to follow way :)

[@johnm.fitness927]

How did it go?

[@soniamichelle2393]

@@johnm.fitness927 it went very well. That was the first time going to a dealership w/actual knowledge of what things meant and knowing what I wanted. Wasn't surprised when he asked about purchasing unnecessary addtl coverage either. Leased the 2021 VW Crossport SE w/36 month lease, nothing down (which I had wrap my head around as usually finance w/as much as possible down. Who knew something so simple is kind of ingrained in our thinking). It was awesome to walk in knowing how things would go. The car is great, black pearl, black rims, leather interior, didn't get the moon roof as it added $1,400. But so far so good, very happy with the lease and the car!

[@kamilemorales623]

@@soniamichelle2393 did you pay any fees? Was it really 0 down

[@soniamichelle2393]

@@kamilemorales623 I put down $1,000 (dealership promotion) for $490 monthly payment w/36 mo lease on 2021 Atlas SE Cross Sport, black w/leathery interior & black 21 inch rims. Great car, tho I ended up putting $ down very happy I knew what the terms meant & did not buy up the extras they were pushing.

[@PreciousSullivan]

I’m considering leasing my next car which would be any day now. How’s the leasing going for u so far ?

[@tarotwithlyramoon]

Fantastic vid! Very helpful!!!

[@thtdudenamdbilly]

How do you use the calculator if you have a trade in with positive equity? I'm not sure how to reflect it.

[@santhoshnaidu8444]

Really good video. lot of information covered

[@jayk8695]

Ryan this is absolutely worth the watch. I’ve learned so much and now feel I’m well informed. Thank you for the time you spent researching this for us!!! 👍🏼

[@RyanScribner]

Glad it was helpful!

[@biagomes1864]

​@@RyanScribnerWould love to know more about the buy-out please

[@steeltron4861]

If you are under miles come lease end you are saying they could up residual value?

[@erickenglish1799]

Would it be in my best interest to secure financing for my lease prior to going into the dealership???

[@software-sage]

Very informative video. Thank you Ryan.

[@Aborichinal]

Add markers!

[@BkJ4son]

Very important question, my credit score isn’t amazing, somewhere around 650. You say 0 money down but would that be the same for someone in my case with my score? Or should I expect to put money down because of my score. Basically, what’s the penalty of leasing with a score like that? Sorry if that’s confusing.

[@Thebigboy641]

Did you end up leasing? Do you have an answer because I’m in the same situation

[@bobwilsom2191]

Ryan, perhaps you can offer some assistance. I have a very unusual situation (in the litigation arena, we would call this a "case of first impression"). So here goes. I took over a guy's lease in 2019 on a Chevy Equinox. In Oct. 2021, a driver ran a red light and crashed into my Equinox. The other guy was totally at fault, without dispute. His insurance company paid $17,700 to have my Equinox repaired. My lease was extended once for 6 months, and is now terminal on 1-26-2023. GMFinancial quoted me a buyout of $19,500, price carved in stone they said. (At this time GMFin doesn't know about the accident nor what it cost to repair the vehicle.) Now, I wouldn't buy this car for $19,500, and I don't think anyone that ran the vehicle's history would either. What options/tactics do you think are available to me to get GMFin to practically give me this vehicle? Thanx Bob

[@1986Mrmatrix]

WE LOVE YOU RYAN👍👍👍👍

[@koofdome]

Walked into a dealer with the goal to lease. Negotiated for 3 hours. I got the price down exactly what I wanted it to be. The GM and finance managers asked if I ever leased before because I asked things no customer has ever asked and they gave me props. I told them I've worked in corporate finance for a decade and am now a licensed investment banker. They could not break me. They joked that I probably knew more than their finance department and if I want a job we can schedule the interview tomorrow. Lol. I did know more. They had a good laugh.

[@johns6559]

Great explanation of leasing a car. Thanks. This was very helpful. Hope to use what I learned from you and put to practice soon

[@Shakashack2022]

Hello. Curious, 2 yrs later, did this video help you at the dealership? Shopping now, tips to know? Thanks.

[@GenX358]

Very well thought out and presented! I enjoyed listening to you AND I was enriched with knowledge and understanding of this subject! Thank you for your time!!!✍🏽👏🏽👊🏽

[@LietSayri]

That was so helpful. Thank you for this guide, it demystified an intimidating process for a new leaser!

[@Shakashack2022]

Hello. Did you use his advice at the dealership? Shopping now, helpful tips? Thanks.

[@naveendutta]

Great video, its very helpful