Next Time You Lease A Car Know THIS 🚙

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  • Опубликовано: 25 май 2022
  • ➡️Financial Freedom Resources👇
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Комментарии • 303

  • @LegacyInvestingShow
    @LegacyInvestingShow  2 года назад +8

    ➡️Financial Freedom Resources👇
    beacons.ai/thelegacyinvestingshow/

  • @nolanwood2143
    @nolanwood2143 2 года назад +963

    "damn bro, go check out the other guys then"

    • @TrevA102
      @TrevA102 Год назад +15

      no actually car salesman are much more lenient in lowering prices bc of commission

    • @mattnunez8660
      @mattnunez8660 Год назад +3

      ​@@TrevA102 nah... customers are a dime a dozen. Theres only so manu g wagons, in so many specifications, at the color, equipment, etc.. that you want. We know what we got and we know someone will pay... kick rocks. Sure... maybe YOU will say no... no problem becauee HE will say yes

    • @karllupe4683
      @karllupe4683 Год назад +4

      @@mattnunez8660we’re talking about regular cars my guy 💀

    • @FavDogBisquit
      @FavDogBisquit 11 месяцев назад +5

      @@mattnunez8660delusional

    • @williamirwin9686
      @williamirwin9686 10 месяцев назад +1

      Honestly

  • @throughmyshadow
    @throughmyshadow 2 года назад +453

    My old roommate was in car sales. “Sounds like the other dealership is giving you a great deal, probably should go with them”. Very standard reply to this.

    • @topfueljunkie100
      @topfueljunkie100 Год назад +20

      Is that because they think they're calling your bluff or do they not care if you are telling the truth as they'd rather miss a sale in order to not have to deal with you?

    • @MB-gd6be
      @MB-gd6be Год назад +9

      @@topfueljunkie100 Trust me, you want this question answered. And true story. Do not even say this unless you're willing to walk out, or you lose face and respect from these sharks.

    • @rollin60z
      @rollin60z Год назад

      ​@@MB-gd6be no one cares about some fkn respect from a car salesman 😂😂 just give me a good deal or I'll go find someone who will, it's never been easier to find than now

    • @user-nj1zu2nf1x
      @user-nj1zu2nf1x Год назад

      Your friend was a garbage salesman then. It's very easy to play dealers against each other if you have even a slight clue what you're talking about. Especially if the car is being sold at multiple dealers close by

    • @kevinjurkiewicz9557
      @kevinjurkiewicz9557 9 месяцев назад +1

      @@topfueljunkie100they are calling your bluff and also it’s to make them in a stronger position because they don’t come off as desperate

  • @JM-md4ri
    @JM-md4ri 2 года назад +288

    “I found a dealer across town that will do it for $90,000”
    So why are you here then

    • @TrevA102
      @TrevA102 Год назад +7

      no actually car salesman are much more lenient in lowering prices bc of commission

    • @amedmayorga3375
      @amedmayorga3375 Год назад +4

      To compare prices.most people recommend to get numbers from different places and then make up your mind.

    • @shadowk4718
      @shadowk4718 Год назад +2

      You clearly don’t know what shopping around is , obviously even if the first offer is good you still want to shop around 🤦‍♂️

    • @FavDogBisquit
      @FavDogBisquit 11 месяцев назад +2

      @@shadowk4718gotta be a young one. they messing up the whole game

  • @DeeZeeGR
    @DeeZeeGR 2 года назад +212

    I found another dealer for 90k , ok good go to him 🤣🤣🤣

    • @KingBobIsHere
      @KingBobIsHere 2 года назад +3

      Yeah for real lol this is probably going to be the response

    • @TrevA102
      @TrevA102 Год назад +1

      no actually car salesman are much more lenient in lowering prices bc of commission

    • @buryato_banderovets
      @buryato_banderovets Год назад +1

      Armenians and cars :) ehehehe

    • @user-nj1zu2nf1x
      @user-nj1zu2nf1x Год назад

      ​@@J35Y6 Tell me you suck at Sales

  • @danflick6669
    @danflick6669 2 года назад +33

    Lol hearing a salesman say fair enough is like hearing my ex wife say we can share custody

    • @BobRooney290
      @BobRooney290 Год назад +2

      thats one way of looking at it. she just wants to date and go partying while you take care of the kid.

    • @Dom_2444
      @Dom_2444 8 месяцев назад

      @@BobRooney290facts

  • @alexshelton9278
    @alexshelton9278 2 года назад +165

    As a man who is a car salesman this sh*t doesn’t work

    • @TrevA102
      @TrevA102 Год назад +13

      as a car salesman, if i’m allowed to lower prices to match, i easily do this for the commission

    • @jamesrobi91
      @jamesrobi91 Год назад

      @@TrevA102 that’s cause your ass. A real salesman closes for all the money

    • @zaicustis
      @zaicustis Год назад

      Why would we listen to you y’all known for ripping people off

  • @antoniotiberi1569
    @antoniotiberi1569 2 года назад +51

    My APR is 0 because I don’t lease

    • @AS-hu2ek
      @AS-hu2ek 2 года назад +16

      Tell me you drive a 97 civic without telling me you drive a 97 civic.

    • @antoniotiberi1569
      @antoniotiberi1569 2 года назад +3

      @@AS-hu2ek no i drive a no payment car

    • @wingstop7021
      @wingstop7021 2 года назад +14

      @@AS-hu2ek lol that’s kinda funny, i have 2012 civic coupe, payed off and she still runs like a champ. Not the most luxurious car in the world but at least I don’t gotta worry about ole Betsy she’s running strong

  • @soobinhyun2
    @soobinhyun2 2 года назад +43

    This will never work right now due to a chip shortage. And who pays 7% APR lol

    • @AS-hu2ek
      @AS-hu2ek 2 года назад +5

      Very common on leases…

    • @iuyozx
      @iuyozx Год назад

      Ignorant fools.

    • @buryato_banderovets
      @buryato_banderovets Год назад +4

      There's no chip shortage

    • @BobRooney290
      @BobRooney290 Год назад

      there's no chip shortage. they are using that excuse to scam people.

    • @takingchances4689
      @takingchances4689 9 месяцев назад +3

      @@buryato_banderovetsright that 💩 was like 5 years ago lol

  • @user-sx7hf3kr4z
    @user-sx7hf3kr4z 2 года назад +20

    This shit don’t work like that 😂 they’ll tell you to kick rocks everyone gotta make money bro

    • @wingstop7021
      @wingstop7021 2 года назад

      I don’t think they gonna tell you to kick rocks, they just gonna try and pull some more grimey shit lol

    • @TrevA102
      @TrevA102 Год назад

      no actually car salesman are much more lenient in lowering prices bc of commission

    • @BobRooney290
      @BobRooney290 Год назад

      why would go back to the dealership that charges more? so you can throw it in their face? why waste time like that?

  • @israelgonzalez5499
    @israelgonzalez5499 2 года назад +5

    When I worked with Dealers the only people that called and did this were all Asians lol 😂 😂😂😂😂

  • @ambrosia453
    @ambrosia453 2 года назад +14

    Bro, G-Wagons are 100k over sticker right now, and nobody really leases them, most is cash or finance for the tax write off ..
    You will never get it nowhere near a sticker price right now

  • @Alonzo422
    @Alonzo422 11 месяцев назад +3

    Last time I tried to negotiate at a dealership, I was escorted out by security!

  • @harleylentola5272
    @harleylentola5272 2 года назад +7

    This guys out of his mind, you can’t buy a G Wagon at sticker anywhere 😂

  • @sharkskin3448
    @sharkskin3448 6 месяцев назад +1

    Never be so in love with a vehicle that you're not willing to walk.

  • @silverking8742
    @silverking8742 2 года назад +3

    Real life - salesman just says "well just go to other place then if u can get it for that price"

  • @JORDI_CARSALES
    @JORDI_CARSALES 6 месяцев назад +1

    I’m an F&I Manager and this is not right, money factor is a special rate program by the manufacturer, cannot be modified and it only goes up depending on your tier (credit)

  • @Stealthboy56
    @Stealthboy56 2 года назад +4

    Always choose Lowest miles they’ll wave your fees if you trade for a new lease or if you purchase your lease.

    • @Chiguy312
      @Chiguy312 2 года назад

      If you trade in or buy the lease out it waives your overage fees. Only time you pay on overage is if you just return the car.

    • @MattGarcyaDC
      @MattGarcyaDC 10 месяцев назад

      oh really?

  • @apeshytexotics8035
    @apeshytexotics8035 2 года назад +2

    Let me get this dealership that accepts every offer I give

  • @thehoov6672
    @thehoov6672 2 года назад +1

    Literally no dealership on the planet will ever just buckle like that. Fuck the internet is the worst.

  • @rearviewviewer
    @rearviewviewer 2 года назад +1

    False, the money factor can not be equated to interest rate. The two serve different purposes and depreciate the collateral differently. The money factor works in tandem with the residual to net out a payment.

  • @sawyerwalser1527
    @sawyerwalser1527 2 года назад +4

    If the other dealers price is so cheap then why the hell are you here?

  • @stepzc
    @stepzc 2 года назад

    It's like hearing someone replay an argument in their head and saying what they wanted to say.

  • @marcelr.9035
    @marcelr.9035 2 года назад +12

    I sell bikes in a shop and privately, whenever someone says a competitor can do it cheaper I tell them it's a good deal and they should take it, my bikes always end up selling at the asking prices so I'm not worried about it

  • @thehombreman
    @thehombreman 2 года назад +1

    The dealer would literally be like “ are you fucking stupid why didn’t you take that deal”

  • @maxstirner8717
    @maxstirner8717 Год назад +1

    Who the hell can afford not even owning the vehicle and it's $100,000?!
    Just buy the damn thing.

  • @mattphillips2844
    @mattphillips2844 2 года назад +1

    Since when in recent history does the customer have any power? Shortages everywhere, you will be lucky to find a car you want let alone 20 dealers who have one. If I were a dealer I would just a wait a day and get someone who will pay more.

  • @mattgotro2705
    @mattgotro2705 2 года назад +1

    Bro, this is no match for a good car salesman 😂

  • @canadianaviator
    @canadianaviator 2 года назад +3

    J“Hi, I would like that DBX 707. Could you do $5,000 cash?” C”Sure”

  • @J35Y6
    @J35Y6 2 года назад +3

    I’m almost certain this guy knows nothing about anything

  • @pb6839
    @pb6839 2 года назад +1

    Dealership will just tell you to go with the competitors 🤣

  • @2ambaby198
    @2ambaby198 2 года назад +1

    This might of worked in 2015 but not anymore 😂

  • @RsDv5
    @RsDv5 2 года назад +1

    What? They don’t charge you high mileage fees? Even if you go over the set amount, it’s like 5-10 pounds per 1000 miles lol

  • @sawyerwalser1527
    @sawyerwalser1527 2 года назад +1

    Mercedes doesn’t allow lease mark up for more than .002. Don’t believe a word this guy is saying

  • @Idontwantahandle6669
    @Idontwantahandle6669 Год назад

    Leasing is the biggest fake flex. It’s a rental agreement lol.

  • @401CARDSHARKS
    @401CARDSHARKS 2 года назад

    Launched from the showroom

  • @BrokeandCopa
    @BrokeandCopa 8 месяцев назад

    Awe we like customers who try and tell the salesperson how it’s going to go. Fun fact we do this all day everyday. When your home sleeping on Saturday and working from home we are in the lions den. But please step in I’m hungry.

  • @Btt8
    @Btt8 2 года назад

    90k only you lease the vehicle??? In U.K. you’d own it outright, it’s called a hire purchase.

  • @VinoNoNo
    @VinoNoNo 2 года назад +1

    Wildly unrealistic in any car. And completely impossible on a g wagon

  • @hunterwhite5384
    @hunterwhite5384 10 месяцев назад

    When you’re negotiating with a car salesman and he says “okay, fair enough…” 😂😂😂

  • @noahwhiteside
    @noahwhiteside 2 года назад

    Yea this only works when there are competitors that actually have vehicle inventory. Everywhere you go they won’t drop prices at all unless you have a connect cause of supply and demand so you’re stuck getting screwed by dealerships. That’s the reality we’re living in in 2022 folks.

  • @Itisthemuffin
    @Itisthemuffin Год назад

    Bro this guy has never negotiated in his life

  • @brianfuller1227
    @brianfuller1227 9 месяцев назад

    Wow amazing negotiation please keep dropping this incredible knowledge on us 😂😂😂😂 this is how that would go. “The dealer across town, we own that store who did you speak with ??” The G wagon currently retails for about $20,000 over sticker price and we don’t typically negotiate with first time customers. Is this vehicle to expensive for you ? You might be interested in one of our certified pre owned vehicles? Let me know when you’ve made a decision I have important clients to follow up with.. he sounds like one of those Mavens that’s so good at negotiating he leaves without the vehicle 😂😂😂

  • @fordpowerornopower
    @fordpowerornopower 2 года назад

    Money factors are determined by the manufacturer not the dealer. They are non negotiable....

  • @TanNguyen510
    @TanNguyen510 2 года назад +1

    Yea not that n this market bub lol maybe try the scooter store

  • @Unknownuser0515
    @Unknownuser0515 Год назад

    Once i pick which car I wanna buy
    Call all dealers, narrow it down to 2 best
    Pack ur breakfast, lunch, dinner
    Go visit the dealer. Usually takes about 3-4days

  • @JTB93
    @JTB93 2 года назад +1

    Or if the first deal was so good, just go with that one rather hassling the other salesman for a discount 😄

  • @Mr1dvsbstrd
    @Mr1dvsbstrd 2 года назад

    Automation is charging a Xtra grand for the Floormats . Ain't no one taking 10k off nothing.

  • @sportyone3163
    @sportyone3163 Год назад +1

    LEASING IS A FANCY TERM FOR RENTING THE DARN THING. NOT MUCH OF A WRITE OFF EITHER. 😁

  • @TheThegreenpi
    @TheThegreenpi 2 года назад

    How to get laughed at at every dealership. Have you ever bought a car and not gotten fucked fr?

  • @S2KCYA
    @S2KCYA 2 года назад

    When u negotiate yourself its easy...

  • @kozdagod8730
    @kozdagod8730 Год назад

    Since when is a g wagon 100k and especially if you are leasing it which means it’s a new car, it’s closer to 200k, and dealerships won’t say yes to this, you need to have evidence so bring papers from different dealerships so they might consider the deal

  • @deutscheslotto8923
    @deutscheslotto8923 2 года назад

    If you know the competitor is better why don’t you go there first

  • @clintawnbomb
    @clintawnbomb Год назад

    Please don't try negotiating like this and think it will work.

  • @ShpRKt
    @ShpRKt 2 года назад

    Fun fact the rates are determined by the manufacturers and they’re national offers

  • @Aviatewithaustin_
    @Aviatewithaustin_ 2 года назад +1

    This would have worked a couple years ago. They don’t negotiate like that anymore 😂

    • @BobRooney290
      @BobRooney290 Год назад

      i dont negotiate with sales terrorists that rip people off.

  • @UnderMyPalm
    @UnderMyPalm 2 года назад

    Next time you lease a car know you are in no place to invest.

  • @dailysmelly9756
    @dailysmelly9756 2 года назад

    Just install bigger tires. You'll get more actual driven miles than odometer reading. Then switch them back at the end of the lease.

  • @adomingo2
    @adomingo2 2 года назад +1

    7% acting like he got a steal lol

  • @marcosmarti88
    @marcosmarti88 2 года назад +1

    Lmao that may work on a BMW 3 series or an MBZ C-Class!!

  • @ksl2419k85
    @ksl2419k85 10 месяцев назад

    G wagon is probably not the best example. G wagons are definitely way higher than $100k. Your money factor estimate should be pretty close to real life. Mileage is determined by the buyer. It adjusts the residual. If you need help, I can give substantially more information on how that really works. Those aren’t fees.

  • @ninelaivz4334
    @ninelaivz4334 Год назад

    $7000 a year if your put $100k in a interest bearing account you can about 3.5% instead of buying it cash you'll save $3500k so the whole deal is $3500k\year.
    That's how much my car cost.

  • @andys6385
    @andys6385 2 года назад

    Man don’t try this in today market they don’t need ur sale when they have hella buyers for one car

  • @ryokosmith9519
    @ryokosmith9519 2 года назад

    There really isn’t much room for negotiation on new cars these days. We were already seeing a supply shortage stemming from the chip shortage last year, and now many European car manufacturers have halted production due to Russia’s war since Ukraine is home to manufacturing facilities or essential wiring components, and Russia basically controls the global supply of two essential raw materials in car manufacturing, PLUS China is going crazy with lockdowns and might end up declaring their support for Russia’s war which would halt trade with China, and Chinese parts and materials are essential to US car manufacturing. If you can find a dealer who will sell to you even $1 under MSRP, that’s probably the best deal you’re going to find anywhere right now. With record inflation, I’ve also been seeing a decrease in 0%-1.9% APR finance offers that used to be a dime a dozen for new cars.

  • @IIIxMLGxPROxIII
    @IIIxMLGxPROxIII Год назад

    I did this. They told me to leave someone else will pay for it

  • @Malficion
    @Malficion 2 года назад

    Any APR over 5% is too much...

  • @4everism1
    @4everism1 Год назад +1

    Salesman: “Cool, Let’s run your credit”.. moments later.. “great news you’re approved, price is $100k”
    Customer: “thought you were going to lower the price”
    Salesman: “I never said that” .. and now i ran a hard inquiry on your credit score for the next dealership to see . Hit the road window shopper

    • @jayc4715
      @jayc4715 Год назад

      Multiple inquiries..like 10

  • @kingmike40
    @kingmike40 2 года назад +2

    This is bad information. It's stupid to lease a car.

  • @SirWilliam1767
    @SirWilliam1767 2 года назад +1

    I found a blah blah....okay...go to that dealership and enjoy

  • @GetAlongCunts
    @GetAlongCunts 2 года назад

    If only he hassled the guy doing it for a lower price

  • @ehd1990
    @ehd1990 2 года назад +1

    For anyone that takes this guy seriously, don't

  • @richardyang7486
    @richardyang7486 11 месяцев назад

    Note: dealership nowadays has a system that could check if you visited the other dealers nearby. You can't just lie.

  • @999benhonda
    @999benhonda 2 года назад

    Next time you lease a car, don't.

  • @JH-kk2it
    @JH-kk2it 2 года назад

    “No price is set.”

  • @timbabak3715
    @timbabak3715 2 года назад

    In the real world the salesman would be like go with the competition then

  • @OBEYCorruptFoxx
    @OBEYCorruptFoxx Год назад

    Second dealer should’ve just said go to the first dealer if they’re giving you such a good deal

  • @cornondajakob
    @cornondajakob 2 года назад

    I got a junkyard truck that barely runs for $500

  • @dr.who2
    @dr.who2 2 года назад

    You can negotiate your interest rate but this guy full of it

  • @grizzlygamer8891
    @grizzlygamer8891 2 года назад

    There's like three ways to calculate APR and they all give you a different answer. APR is a con and not a good metric for comparing loans.

  • @sinclairal
    @sinclairal 2 года назад

    Next time you RENT a car....don't. it's dumb

  • @MC-di7op
    @MC-di7op 2 года назад +14

    a gwagon for below sticker? 😂 they are sold out for the next few years mercedes doesn’t even take orders anymore..

    • @robertomorffi6856
      @robertomorffi6856 2 года назад +1

      @@weaverdetails4747 I don’t pay over sticker no matter what, never have never will. I always find the dealer willing to do less. Never had a problem

  • @marcmescher2335
    @marcmescher2335 2 года назад

    You want to buy a $100,000 car and you’re worried about the payment? Buy a $30,000 car, it will get where you need to go for far less.

  • @sebastianvillacism.8563
    @sebastianvillacism.8563 Год назад

    You never lease a car in the first place

  • @jaredfeliciano1784
    @jaredfeliciano1784 2 года назад +6

    I work at a dealer and when we see people price shopping we send them out the door just as quickly as they barged in

  • @gabrielarock368
    @gabrielarock368 2 года назад

    Very Nice

  • @brontoab1
    @brontoab1 2 года назад

    Don't follow anyone that's advising you on leasing a vehicle. Also, why would anyone want a G Wagon? I remember a guy I worked with showing me one online telling me how awesome it was. I had never heard of them so I was going into this conversation cold. I was like, that is one of the most hideous vehicles I've ever seen. That was 17 years ago, I've only seen one in person and I can confirm that I was right 17 years ago!

  • @leehall5447
    @leehall5447 Год назад

    Never that easy lmao

  • @pkrbrt25
    @pkrbrt25 2 года назад +2

    Everything you did was illegal everything the second guy said is against the law

    • @TGMacro
      @TGMacro 2 года назад

      Negotiations are not illegal

    • @pkrbrt25
      @pkrbrt25 2 года назад +1

      @@TGMacro Not only is it a felony the first thing but the second third and four things are all against the consumer protection act

  • @jonahmarsden
    @jonahmarsden 2 года назад

    7.x% is stupidly high for a car. My apr is 1.3%

  • @cleonbrady7913
    @cleonbrady7913 4 месяца назад

    He playing the game I guess but why does price dictate how many miles you can drive? Business model is FOS!

  • @hhdeng
    @hhdeng 2 года назад +5

    Wtf. Hahahaha. I worked in auto business as sales/internet/fleet.
    These type of buyers gets their calls dropped cause no one putting up with that bullshit for a lease that payouts out little

  • @fpvflyer4758
    @fpvflyer4758 2 года назад +4

    If you need a $100k car to make you feel good in life, you don't know the meaning of life.

  • @devilman3136
    @devilman3136 2 года назад

    Yeah they're not going to haggle on a g wagon

  • @Skidmark0606
    @Skidmark0606 2 года назад

    Would work if you find a dealer desperate enough. You’ll get booted out that’s for sure.

  • @EasyLivingDojo
    @EasyLivingDojo 2 года назад +2

    Step 1, don't lease a car.

    • @BobRooney290
      @BobRooney290 Год назад +2

      Step 1, always lease a car. you can deduct the lease off your LLC taxes.

    • @brianfuller1227
      @brianfuller1227 9 месяцев назад

      Leasing is a fantastic financial tool. What makes you say “don’t lease “

  • @Vietboy1st
    @Vietboy1st Год назад

    Sir other car is $90,000. Because it has less options. Ya not compairing apple to Apple sir ... sir your credit ain't at our stand requirement... your score is 590 . Your payment will be higher than your credit score...

  • @DokesConspiracyNetwork
    @DokesConspiracyNetwork 2 года назад

    I went to college and dont know wtf a Apr is without google

  • @willp.8120
    @willp.8120 2 года назад

    Proving that Asians are good in math.

  • @blakesking6615
    @blakesking6615 2 года назад +2

    7.2% APR is trash lmao. The highest I’ve ever got is 1.9%

    • @gradog2095
      @gradog2095 2 года назад

      Was it a g wagon

    • @blakesking6615
      @blakesking6615 2 года назад +1

      @@gradog2095 F80 M4.

    • @Chiguy312
      @Chiguy312 2 года назад

      Right now you can’t get lower than a 2.9 unless a company is offering 0% which isn’t very common in this state of cars

  • @AcmePhoto
    @AcmePhoto 2 года назад

    How about never (f)lease a car. Ever.