Car Leasing Explained

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Title	:	Car Leasing Explained
Lasting	:	8.43
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Views	:	1,1 jt

I want to buy a 4 year old vehicle for $6000, but where are they?
Comment from : Wesley Hempoli

His example of a 20k car is pretty cheap most new cars are twice that I think you’re getting more fleeced spending 40 to 50k plus interest when it’ll lose 70 of it’s value not to mention the maintenance that comes with it 👀
Comment from : Dove

IT DOESN'T MATTER IF YOU LEASE A CAR RENT A CAR FLEECE A CAR OR BUY A CAR YOU GET TAKEN FOR A RIDE! YOU LOSE MONEY THE DEALER ALWAYS WINS!brbrTHATS WHY PEOPLE STEAL CARS! 😉
Comment from : Darrell Horner

I would love an opportunity to present and EXACT purchase in parallel with a lease on the same vehicle You are more protected, and have more options with a lease every time
Comment from : Mark Combs

what inlike about car lessing is that you dont need the best credit and also lessing monthly rate is wsy cheaper than buying
Comment from : el el

You are not factoring in that you can write off almost all of your expenses related to that vehicle, to include gas and mileage Definitely better to buy as a consumer, WAY better to lease as a business and that is something you don't talk about!
Comment from : David DeLaRosa

I wish I saw this before I decided to lease a car in the advice from friends 😢
Comment from : K L

Haha unfair representation of leasing, plus if you know about money you know leasing saved most people money
Comment from : BigWilliam

Why would you buy a depreciating item? Why buy a $200,000 house knowing in 4 years it will be worth $7,000? You wouldn’t So, why buy a car?
Comment from : Mr Dynamite

I knew this video was hella old because his numbers made no sense
Comment from : DegustHD

What if your goal is not to keep the car?
Comment from : Joey Siharath

the most long winded video ever that doesn’t answer the question
Comment from : Gorgeous Brand, Ent

This was a horrible explanation
Comment from : WasteOfTimeGames

Thankyou
Comment from : Oy Vey

My $15000 bmw I bought used 10 years ago has cost me $15000 in repairs and maintenance for a total of $30000 Would have been just a little more to lease and I would have saved time and large lump sum expenses
Comment from : Wes Hedrick

I love Dave Ramsey!
Comment from : nategoeslive

Are there any advantages on a lease to own the car as opposed to just financing?
Comment from : Amed Mayorga

Who is this guy talking to
Comment from : Mr Sir

Bro couldn't be more wrong here
Comment from : C Blue

It’s just 2400 divide or usually multiply
Comment from : andrew shenton

But what if I don’t actually want to own the vehicle?
Comment from : Aaron Markham

Scotty Kilmer disagrees with the car quality statements lol
Comment from : nagantm441

wow I thought paying the lease payment covered the interest as well
Comment from : coolbuddydude1

If you only have $100 in your bank and you start a new job the next month But you need to a car to get there should I take a loan on a car instead of Leasing
Comment from : Arjun

Not sure i would call all the recalls incredible!!!!!!!
Comment from : andrew shenton

Interest rates are called money factor which is x2400
Comment from : andrew shenton

Subaru cars keep their value way more and are cheaper than luxury vehicles Even when this video was made
Comment from : Daniel

Hearing this video in 2022 Makes this guy look like a clown
Comment from : Subramanian Gomathinathan

New cars are trash Kidding me? Fine vehicles? Nissan’s are awful and they just need to stop with their garbage CVT transmission Car companies are really good at engineering flaws into the vehicle so you pay more (cough Mercedes) Or they rent that trash car to you, and by the time the lease is over and you do a buyout, it starts falling apart Buy a Toyota and save your wallets Or get a Lexus if you’re ballin like that and you have NO DEBT
Comment from : Evan

$6000? Try again
Comment from : Jack

strong bias against leasing with no actual explanation, gave up in the middle waiting my time
Comment from : Kacper Serafin

Always come here watch these videos again to help me remember don’t lease or buy a new vehicle lol
Comment from : Virtualhawk

So not choose a Private lease ev?
Comment from : JDN Rotterdam

I like Dave's explanation It's living within your salary I make decent money, but my parents taught me to live below my means I buy used clothes on eBay since it's often times hundreds of dollars less expensive and clothing on there is generally like new I don't buy into fast fashion, and prefer to buy a used pair of good jeans or a good sweater used and keep it for three or four years I chose to buy a 2012 Subaru Outback since the car was at my price point and I could afford it without having a down payment plus car payments thereafter I also make most of my meals at home and only go out 2-3 times a month I also grind my own coffee since it's cheaper than Starbucks and the coffee I buy tastes fathoms better than theirs anyways These little lifestyle habits can mean thousands in savings and fewer headaches
Comment from : Cole Chapman

Great adviceNissan is trash, though
Comment from : schroedergustav

This didn’t help at all 😂
Comment from : Ashley Johnson

These Nissans are really good cars 🤣
Comment from : fyc711

I’m sorry, but this guy is delusional
Comment from : Tim Bynum

Car payments keep you poor I make payments but they are into my mutual funds
Comment from : Freedom Works

I don’t understand how people don’t intuitively get that leases are a terrible idea At least with a car loan you have a car you can keep a long time when you pay it back Leases just let you temporarily have a car you can’t afford at a price you can’t afford
Comment from : Tyler Sanders

Bought my first car "Dave's Way" and it spent more time in the garage than it did on the road (so much for "top-notch" quality)brOn a Saturday afternoon my "everyday millionaire" next-door neighbors came home in their "fleeced" car and saw me struggling brThey said "That's why we lease our cars, Tyler! To avoid those headaches!!!"
Comment from : 15K HP Club

Thanks for the info
Comment from : Eev101328

How are Mazdas? I'm looking to get one
Comment from : David Ricketts Acevedo

He’s obviously not a car guy lol he said Ford and Nissan 😂😂😂😂
Comment from : Dr360Wave

I have this argument with so many people all the time Unfortunately they still believe "Fleecing" is anti depreciation and the "best" deal
Comment from : amitsidhar1982

Anything you lease and do not make more money from will never be a good value
Comment from : Thabang Mokoena

This dude is a hypocrite, he drives new cars, his children drive new cars, his word drives new car But he doesn’t want you to drives a new car because you can’t afford it brYolo, if you don’t drive what you want new, you may never drive it again in your life brThis guy charges you for silly courses, so he and his family can live large at your expense brbrLeasing isn’t the best, but it’s a way
Comment from : Okunrin Meta

German cars like BMW, Mercedes, VW’s are a mechanics dream They are not mechanically sound cars if you buy and hold They also have horrible resale value
Comment from : Brian

This guy is hard to listen to
Comment from : Mewa

What if you want to keep the vehicle and want to pay cash for it at the end of the lease?
Comment from : A Jack

thanks for the in depth explanation!
Comment from : JohnnyWony

Thanks for the informative video!
Comment from : George Kopsias

Aaron Peavler/Geomodelrailroader Railroad Photography

Dave is right this is expensive If you lease a car you will get payments Under a lease agreement you don't own the car The Bank does and if you don't pay them in 90 days they will repo your car Scrappy will show up at your house with a wrecker and your car lands up at a parts auction TRY GETTING IT BACK! because 90 of all cars that get repoed never return to their owner because when a car land up on the auction block the only thing they want is the parts the car itself will end up as scrap Don't lease your car! or you will get repoed if you don't pay for it
Comment from : Aaron Peavler/Geomodelrailroader Railroad Photography

Scotty Kilmer would have an aneurysm if he heard you say that about BMW, Mercedes, and Chevy
Comment from : Underrated Critic

Sorry, this is bullsht! There is no upside to any type of car deal - DUH
Comment from : John Smith

Foolishness you're talking !
Comment from : Trish Jackson

Cool
Comment from : Eternal Dre Beats - Full Potential Gang

So if I drop 5k down payment on a 20k car My lease goes to 160 a month for 36m How much would it cost to buy it out ?
Comment from : lunabird89

Where on earth can I find a 4 year old car with less than 50k miles selling 70 off the MSRP? I’ll wait
Comment from : Jeremy Theoneofdestiny

Leases are not bad if you are leasing and want to have a BMW, audi, MB, etc You should never buy these vehicles as they become endless money pits after a certain time the beauty of leasing these type of cars is that you return them after the lease and the dealer will have to worry about the repairs It's better to "rent" these type of cars and not worry anything aside from miles driven brbrThe mistake people make is buying the car after the lease
Comment from : hgonz14

I left the video chat when he said Nissan cars are good
Comment from : Jaics Joseph

You pay depreciation regardless if you buy or lease Payments are payments The math isn’t hard Negotiate car price, money factor, etc Choose what works best for you Of course, buying a used car is the wisest decision
Comment from : M Smith

I hate smug know it all’s that think they’re always right Leasing is great and saves money
Comment from : J D

Sounds corrupt @LaFontaineCDJR who loses customers by the same shady deals Poor dealerships is Saline GM Kristopher Mackinnon ignored complaint Very poor
Comment from : Steven Brumley

value determinedbrseventy two cord wood burnedbrgordon sew concerned
Comment from : Jeffrey Richardson

michael jody billbrlaurie shermans window sillbrjimmy lamothes will
Comment from : Jeffrey Richardson

Geez Do the math How much money in payments vs how much the car would depreciate during the same amount of time There are many instances when leasing makes more sense
Comment from : Mark Grace

Already invested ton money in my lease now I’ll buy it bc why start over? I already have van I want 👍and it’s half paid off
Comment from : MemeL C

A lease is a car rental Period
Comment from : MemeL C

Only stupid people, who can't do maths, lease cars
Comment from : Rick Smith

Dave has clearly never heard of a Tacoma before
Comment from : Bee Fraz

So technically a 4 yr old Camry should be worth 14k at most, very realistic And some sucker payed the loss of the car value monthly interesting stuff
Comment from : Fallen_Rain

They're still depreciating assets, but toyotas don't lose their value so fast It's not like you can buy 20 year old rav 4s for $500
Comment from : Cory Ulrich

Dave has never heard of the TILA, reg M, and reg Z regulations All the costs of leasing are disclosed on the contract
Comment from : Tom

Gotta love YouTube algorithms Every Dave video I watch is prefaced with an ad for BMW leasing
Comment from : David

I think leasing is ok if you can claim as expenses
Comment from : GK GK

To live a nice life, never get in a payment plan, lease, or any type of loan
Comment from : EEStopXplore

How short can a lease be? Financially it’s a bad idea, but If you have a bit of money and want to drive a cool car for a year it can be worth it
Comment from : Rodrigo Gallego

11k ppl are mathematically not capable to understandit's ok, you can only bring a horse to water
Comment from : Nperez1986

The best way to avoid a lease: Listen to Dave Ramsey
Comment from : JazzTruckin

A car doesn't depreciate any more if you lease it Dave also forgets about people that write off lease payments against a business But he said fleece so Bubba's going to stick to it 🙂
Comment from : Chris Lim

I’ve always bought mine from private owner for good cars thank goodness
Comment from : Daniella Martinez

Nissan makes good cars? HAHAHA!!
Comment from : elevator1tom

If a lease works for you fine If it doesn't, fine brSome people appreciate the fact that their sloppy jalopy is not in the shop every other week, costing 9,000 in repairs, when it's a 72 Pinto that's worth 100brBut good deal eh, it's paid forbrbrSo what is the value in time lost, aggravation, lack of safety, frustration, etc etc So no, one size does not fit allbrbrIt may surprise you that not all people are 6'3 and weigh 185 Hard fast rules may be guidelines for some, but certainly not for all God did give us brains to use
Comment from : jack k

Beans 'n rice 🍚
Comment from : Only2Genders

The man!
Comment from : Scott Magri

Nissan as old as Dave were reliable well not anymore
Comment from : Khawaja Mahmood

After four years my car only depreciated 4K in value so yeah, I’m super happy I didn’t lease
Comment from : darkozl

owning a car is a loss no matter what But to make that loss minimum i think its better to lease
Comment from : Batmunkh N

Lease the future, buy the past
Comment from : Edward Price

When you lease a car you’re accepting the dirty end of the stick! You pay for a car they get to keep and, sell again And that money is all gravy for them!
Comment from : David Kolb

Did not actually explain lol
Comment from : Oso

My dads a car salesman and we lease our cars If you know how to negotiate deals and understand the lease, sometimes it could be better financially
Comment from : Omar Mohamed

What he saying is not true A brand new Honda Civic is $21k and 4 years later it is worth way more than some $7k so what he’s saying make no sense at all
Comment from : justj justj