How to Best Negotiate a New Car Lease in 4 Steps; Leasing Explained by Ex Salesman to Get Best Deal
This video is a 4 step lesson on negotiating a new car lease. As a former Mercedes-Benz car salesman, I feel confident that this video will save someone a thousand dollars on their next lease by using this approach to reducing the purchase price and rent charge. 0:34 Why lease a new car (leasing explained)? 01:55 Outline of 4 Steps to Negotiate a Lease at the Car Dealership 04:05 Step 1: Negotiate Purchase Price (Check out my video on negotiating used car purchase price "How to Best Negotiate Lowest Used Car Price at Dealership In Five Steps (No Haggling and Save Money)") 07:15 Step 2: How to Request a Lease Quote from the Dealership 08:45 Step 3: Calculate 4 Components of a Lease 09:15 Depreciation Payment, 11:28 Sales Tax Payment, 13:55 Down Payment, 16:00 Rent Charge 22:22 Graphically Calculating Rent Charge and Money Factor 31:15 Step 4: Reduce Price & Rent Charge 31:16 Calculating the Money Factor with Coefficient 36:45 Negotiating Money Factor Related videos: My swapalease reviews video where I review my experience taking over another person's lease can be found here: https://youtu.be/AoS_0q0ibFI Also check out how to best negotiate used car price in another video on my channel: https://youtu.be/zgT_4khybEw Related articles: The article about how to get the best deal on a leased car is on www.notwaitingtolive.com/car-blog https://notwaitingtolive.com/how-to-b... Almost a year ago I wrote an article about the "5 lessons I learned as a car salesman". You may find that article interesting as well: https://notwaitingtolive.com/5-lesson...
1 year ago
Category : People & Blogs