Leasing Secrets: How I Managed To Get A 1% Car Lease (No Money Down)

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Title	:	Leasing Secrets: How I Managed To Get A 1% Car Lease (No Money Down)
Lasting	:	12.25
Date of publication	:
Views	:	150 rb

Watch the updated video here 👉 youtube/8ii_x7F-rqU
Comment from : Naam Wynn

Leasing is a financial mistake in my opinion Buy a new car at or under invoice price every ten years I think is the way to buy OR if you're cheap buy a lightly used car (3-5 years old), The reason dealerships and manufacturers LOVE leasing is that they make more money If you lease it's like renting furniture, you pay every month but never own anything If you instead buy the furniture you own it and it has some value for trade in or resale at a later date and even if you finance at some point the payments stop With all that being said, this still is a good info video for people who decide to lease
Comment from : M Curtis Brown

Depending on the type of car you lease and the terms you negotiated at the time of getting the lease you CAN have equity at the end of the lease term
Comment from : Candi Rivera

You mentioned here (or in another video) that it's a good idea to see what kind of deals others are gettinghow would I find that info?
Comment from : Shannon Hentschell

This video is a lifesaver!! I'm subscribing to your channel!
Comment from : LietSayri

Thank you for posting this very helpful video
Comment from : 101hamilton

BUT how does it wok in CA -always seems to be a whole different story!!
Comment from : linda salfen

Thank you
Comment from : 44MzMaMa The FAT Girl Chronicles

Talk less man come to the point
Comment from : qt Kylow

Naan You’re gonna get killed on the give back…brThe residual on your Acura is artificially high
Comment from : Rory Blake on Aging

Thanks alot for the info Never considered leasing until I watched your vedios Was very knowledgeable and informative
Comment from : Kester Clarke

It's so impressive you put focus on your hands yet the video is still of good quality
Comment from : Xiangyue Zheng

That was a very well done video I just leased a 2020 Acura MDX and found this info helpful and accurate
Comment from : SolidStream13

The plausible fighter emotionally wonder because wood transmurally remain amid a empty taurus wealthy, unbiased motorboat
Comment from : Adam Frost

Problem with this video is that you don't go into necessary details It's too confusing
Comment from : ocwaveoc69

Nice info I know all of the info already I don’t like to lease because 15,000 miles per year mileage leases will end up close pymt to 5 or 6 year loan I always look at the bottom line numbers $0 due at delivery at time of signing docs on both Lease vs finance At the end Only $100 difference between 5 year loan vs 3 years lease w 15000 miles per year At end of 3 years I have no headache on the loan vs the lease If I lease and buy out later I have to pay sales tax on top and open end rate for later date I feel safer to buy it upfront and no headache later about excessive wear and tear and mileage penalize if this and that If pymt issue I get 6 year loan only 50 bucks difference to the lease even w 000001 Money factor rate
Comment from : Adrien Chan

hi: great advice!!! I am curious what do you do for work? You certainly have expertise in the automobile retail industry
Comment from : Steven Best

This video is bugged to prevent people from geeting educated
Comment from : Sergio D

great video, good info Thanks
Comment from : LAbumpy99

Hmm idk about this They pretty much begged me to lease my car on 52k @ 017 Not sure why this is hard to do?? Open end leasing isn't prohibited any longer so everything is pretty straight fwd
Comment from : joshua hunt

Hi Naam, I know end-of-year can be a good time to get deals on BUYING a new carbut does end of year also offer good deals on LEASES? Or are December specials only good for buying?
Comment from : Ryan P

All the forums and lease hacker seems to be down where can we get lease numbers now?
Comment from : Harrell Matute Betancourt

Bad credit and you’re out of luck Nam Nguyen to Wynn? Lol
Comment from : Fyah King

I need your help in getting the best deal for leasing a Mazda 2020 suv cx-30 Can you help?
Comment from : Joe levan

2:43 why is everyone glossing over the fact that he didn't consider that after 3 years you actually own the car?
Comment from : Valentin

Thank's
Comment from : Stacey Story

What is the rental lease fee on an agreement? Is that bogus or a hopeful dealer add on?
Comment from : Debra Wilson

After watching this I realized I’m fucked
Comment from : Jose Lucatero

I have a questionI am being offered a little over $36K for a brand new Telluride $3,000 down plus 1st months payment at $475/month for 36 months I have excellent credit so I am in the tier one money factor That monthly payment includes tax, title, license, and all other fees Good deal or should I really try to push for the 1 payment? I am new to leasing and am trying to do as much research as possible before my car comes in Thank you in advance!
Comment from : Rachelle Evans

one of these Nams rented my house in Toronto and left my house without paying rent ($1800 rent) and they didn't even pay their water, gas, electricity bills
Comment from : taskbar enhancer

should i pull my credit report first or let that dealer do it
Comment from : Stephanie Jackson

Omg why is this sooo confusing to me?!?
Comment from : elle me

Excellent! Video was informative very helpful, easy to understand it didnt sound like high school calculus class brLooking to lease car will keep this video on hand
Comment from : Warren Katz

Why leases are always only 3 years? How come is no longer lease? Say, I like the leased car I have now, wouldn't mind to keep it for another 2 or 3 years, but I do enjoy driving the newer cars, not 20 years granny cars Any suggestions?
Comment from : Team8 LA

Hey, I’m a 19 year old that lives in NYC I just recently got my credit card so I have little to no credit This will be my first time having a car I live rent free with my parents but they don’t want the burden of having to co-sign me so I’m on my own I’m also going to school and working 2 jobs I’m second guessing on buying a used car because I know I’m going to end up wanting to have another car in a few years I was looking into leasing but I’m getting mixed reviews Would it make more sense to lease a car or buy a used car (my budget for the used car would be $5,000-$6000) cash up front Please anyone help!
Comment from : Fuji

I’m still wondering how you got so much off of msrp
Comment from : Ahmad Ali

how does car insurance work on a lease
Comment from : Josias Glenn

If you lease a car AT ALL you're a sucker
Comment from : Mark Fuentes

When the lease ends you are left with no car and no money just a stack of receipts Don't be a sucker if you can't afford to buy the car find a cheaper car and save your money
Comment from : Harpua B

what do you think of the RODO app?
Comment from : ryansal

I wish it found this video before I leased my car
Comment from : DakotaStorms

Great video! What are your thoughts on trade ins for a lease?
Comment from : Naturally Kandii

I leased a car Honda Civic 2018 Ex for 160 with 2500$ down Honker was asking for 3000 and 170$ so I told the dealer can you beat it and they did
Comment from : Legend17

Tell me about the apps rodo? should i lease use rodo?
Comment from : Fnu Yohandy

Hold down when you lease you can't sell by the end of the term right? But when I buy after I sell, usually I get a sccnificant amout back Specially like Toyota and Honda type of cars?
Comment from : Xu He

do they make an app like Rodo but for used cars? 🤔
Comment from : EKFiPod

Excellent video, very informative Have you heard of conquest bonus if you switched BRANDS? Are these bs, since you might get some form of a loyalty bonus for sticking with a Brand?
Comment from : David Day

Leasing a car is the MOST expensive way to operate a vehicle! Just buy a reliable used Toyota or Honda and pay cash for it
Comment from : sam henric

Why would you want to be strangled into debt anyways
Comment from : Real Fresh

Sidebar: I love your voice
Comment from : Macy Harrell

The OP said the main reason why people lease because people want a new car often People need to shift how they think If you purchase a quality vehicle and have a reasonable amount of mileage, a car will last beyond the warranty period (3 to 4 years) If you're handy with doing your own maintenance or minor repairs, even longer There are use cases for leasing a car, eg company vehicle, but by and large it's (spoiled) people that want to drive the latest car they often couldn't "afford" otherwise And, if you're one of those people that wind up buying a car after a lease term, not only is the overall time longer that your paying for the vehicle, it's often $2000 more than if you just financed from the start
Comment from : Iam Sam

Great video Bless you for helping people out Does anyone know of a good car broker?
Comment from : Rizwan Shafi

How do I find out what the residual value is for a car?
Comment from : Nurse with dogs

I leased a Toyota RAV4, the dealer said because I'm leasing, I'm not eligible for a rebate or discount, is it true? After the end of the lease I'm planning to buy it, can I negotiate the buy out price? I enjoyed this video and just subscribed
Comment from : Jean Claude Junior Anastil

As Dave Ramsey would say quote you are stupid on quote
Comment from : Israel gonzalez

Hey Can I Reference Your Video On One Of My Blog Post?
Comment from : LoyalDetermined Com

You do not own the car, no equity
Comment from : bill stephens

Very useful and good information Presentation is great too👍🏾 I'm subbing Thank you Naam👏🏾👏🏾👏🏾
Comment from : gr8ride411

Is it true that mfg rebates cannot be applied to a lease only to buy out right ??
Comment from : Captain kdawg

Would you have any tips on leasing a Tesla model 3 performance? I’m 19 and want to build credit that way since I don’t have student loans to boost my credit
Comment from : Andy Orozco

You think you got a good deal? I got a better deal by buying the car you turned in after only 3 years Its called the sweet spot
Comment from : Nick V

1 lease as in the money factor?brbrif so lexus and infiniti when i got my lease was offering 00001 and 00003 which converted to percentage is 025 they have to offer it and you have to be tier one and also make sure they aren’t playing u buying raising
Comment from : BIG JDM

1- Acquisition & Lease Disposition Fees cannot be waived brIt is mandated by the bank, not the dealerbrThat is why the terms are preprinted on all Lease contracts brbr2-Wrong again You CANNOT lower the Money Factor on a Lease Again, the MF’s are determined by the LEASING BACK, not the dealerbrIf a Honda Civic MF is 00070, that is what is is There is nothing you and I can do about it Your MF can only go up (with worse credit), not down brbr3-For the love of God, work with a car broker next time and let him do all the work You really think doing ALLLLLLLL of those things you mentioned for a freaking Lease is worth it, to save yourself a buck here and a buck there? Talk about being a penny pincher
Comment from : Karel Camacho

Should I pay extra each month on a lease? does that have any positive effects at the end of the lease?
Comment from : Carlos Villalobos

I am currently have a lease at one dealer, can I trade the car in at another dealer? What's your recommendation?
Comment from : Hung Ngo

Please post your referral code for rodo 🤑
Comment from : Arian H

Hi Naam - Great video! Very informative and you presented the facts straight and to the point Love it! I went about and did the same amount of research learning as much as I could before I just purchased my Subaru Forester on a lease (also in California) I did not come across that Robo site during my search, so saved it for my next lease One question I have to ask you though, how did you manage to get 20 off MSRP I searched everything and couldn't get things lower than a 10 off MSRP for a limited model of the Forester Just curious how you got the dealer down 20 I even called over dealerships and tried to quote a deal at around 12 and they basically laughed it off saying there is no way they could do that lease deal So I settled on the 10 price and it got me to a 115 of the 1 deal, so figured it was good enough and wasn't getting any other dealer to bite I'm just doing some post lease deal analysis Thanks!
Comment from : John Peters

So what fees, bare minimum, are required to pay at lease signing, and what fees can be added into the monthly payment?
Comment from : goirishgo

1:38 A lease can be treated as a business "rental", and is 100 deductible as a business expense, when used primarily in connection with business purposes brbrThe "rental", along with commercial auto coverage, and gas, are also deductible for legitimate business purposes, 100
Comment from : KnowledgeApplied

1:14 Except for Kia's 10 Years / 100,000 mile powertrain warranty, or 5 years / 60,000 mile to bumper to bumper warranty
Comment from : KnowledgeApplied

First great video very informative I’ve been to three dealers and they all told me the same thing Since I owe more in my car than it’s actually worth, $4k over I can’t use my car as for trade in or I need to put money down Is that normal? Also what exactly is the average credit score I need to lease a car? Is there a limit or it all just depends? brbrThank you
Comment from : John Bodoy

I’m struggling to get this dealers to a zero down on my new lease I have excellent credit have a 2016 to trade in in very good condition When I leased my 2016 I put down $1312 I feel like since I am trading in the 2016 I should be able to get little to no money down this time around Any suggestions?
Comment from : 46foryounger

Hey, brbrShould you also consider where you stand in terms of your credit rating?brbrLike the better credit you have , the better deal you get , or is that a myth?
Comment from : gabriel rivera

I watched many videos about leasing and you are the one who explained it the bestI'm getting the 2020 BMW X5 with Sport package I already check and they have a $750 rebatelet's see how I do
Comment from : Junito Punto Comm

FYI - Honcker and Carvana joined forced and rebranded to RODObr wwwrodocom/
Comment from : Kerry

This is your top video You should change your pinned comment to ask people to subscribe to your channel (add subscribe link) Even mention you are close to 1K subs and would appreciate their help I did this and it helped, people are nice
Comment from : Jake Broe

Are there high mileage leases
Comment from : lance phelps

Awesome video!
Comment from : Arfan Qureshi

Great credit that's how
Comment from : all things interesting

Great video! I especially appreciate the app and forum suggestions
Comment from : Quintel Harcum

Good advice You say not to put money down! What do you say if the dealership is requiring 1st and Last months payment plus doc fees ?
Comment from : Lenny7118

6:42 Audi does not offer MSD's
Comment from : Sean

you speak too fast
Comment from : PREP#10

Nice cardio n informative too I planning to lease a car thanks for the info
Comment from : Angelita Aquino

Good video but how did you negotiate down to 29k ?
Comment from : Syed Z Hussain

Did the Honcker App change names to RODO? I really don’t want phones calls like when I signed up for truecar; I am still getting 2-3 calls a day
Comment from : Antonio Lugo

I leased a 2017 lexus rx 350 with msrp of 55,000 for 697 with no down payment Supposedly, I got a good deal 10k miles per year with gap coverage
Comment from : Oscar Lopez

Thank you for the great information
Comment from : Oscar Lopez