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How to Negotiate a Car Lease Like a PRO in 2020
ChannelNaam WynnDescription from the creator
In todays video I will go over the exact steps I take when negotiating a car lease! There are 2 principles that that I follow when getting the best price.
1. Research
2. The actual negotiation
Research is the most important principle to follow if you're looking to get the best deal. Knowledge will be your leverage in a negotiation. The more you know the better! The research you conduct beforehand will be your ammunition for this battle.
The key thing I look at during the research process is what deals others are getting. Know what others are getting will give you a baseline of prices and give you a better insight on how lower a dealer may lease a car out to you.
Double-check people's deals by identifying where was the deal done, the terms and money down.
Next look for cars with lots of discounts or rebates. This will help you get the lowest price. Knowing your numbers is key to get the best lease. Getting the car to the residual value as close as possible will determine your least payments.
Negotiation is not for everyone, but if done correctly it will be a big factor in the final price. Do everything via email, text or phone. Never step foot into a dealership.
The more specific you can be in your emails or message the less time is wasted and gets straight to the point. I will go over exactly what I email sellers.
If negotiating is not your forte, then let a broker or app do it for you. I will go over where to find these brokers and go over the app that I have used to get deals.
The last thing is to make sure to look over the final contract. Dealerships make mistakes too. Don't let their mistakes cost you money!
Websites mentioned:
Edmunds Forums: forums.edmunds.com/discussions/tagged/x/leasing
Leasehackr Forums:
forum.leasehackr.com/
Honker App (RODO name change)
refer.rodo.com/nam0
Videos mentioned:
youtu.be/UiouBegmcaY
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Tags: How to Negotiate a Car Lease,How to Negotiate a Car Lease Like a PRO,how to get the best price for a leased car,how to negotiate car lease,how to lease a new car,how to lease a car,car leasing 101,leasing a car,leasing a vehicle 101,car dealership negotiation,car leasing tips and tricks,car lease deals,new car lease deals,zero down lease deals,best car lease negotiation
DISCLAIMER:
This video is for entertainment purposes only. I am not a legal or financial expert or have any authority to give legal or financial advice. While all the information in this video is believed to be accurate at the time of its recording, realize this channel and its author makes no express warranty as to the completeness or accuracy, nor can it accept responsibility for errors appearing in this video.
About this tutorial
Naam Wynn published this 12:34 video tutorial on October 26, 2019. It has been watched 151,105 times on YouTube.
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Further reading
-
How to Negotiate a Car Lease [2020 Guide]
atyourbusiness.com
Negotiate a Car Lease for Your Situation Today Now that you have seen an in-depth guide on how to negotiate a car lease and the best tips for doing so, be sure to use it to your advantage. Start by performing some resea…
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How to Negotiate a lease like a Pro in 2020- Wordy Arc
wordyarc.com
How to Negotiate a lease like a Pro Author WordyArc Posted on April 10, 2020 May 12, 2020 This article going to be talking about how to negotiate a lease like a pro in 2020 and how to get the best price for your lease.
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How to Negotiate Your Next Car Lease Like a Pro
caranddriver.com
A handy guide and checklist to follow to get the absolute best deal when leasing a new car, truck, or SUV. ... How to Negotiate Your Next Car Lease Like a Pro. By Jack R ... ©2020 Hearst Autos ...
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