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How to make up numbers lease

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whats up guys nom here if you knew this channel here are typically talking about personal finance and investing and todays topic were gonna be talking about how to negotiate a car lease like a pro but seriously why would you want to listen to me Im not a car salesman nor broker Im just a regular dude who knows how to research and lay down the facts to get the best deals in a video Ive made not too long ago I talked about how I was able to get a one percent lease on my Acura RDX Ill link it in the description below so in that video I show how I was able to get a thirty seven thousand dollar car for a monthly payment of around three hundred and four dollars a month with no money down but what this video is gonna be focusing on is that negotiation part and how to get the best price for your lease lets get into it there are two things that go into negotiating a car lease the research and the actual negotiation so lets go over the first part this is probably gonna be the most impo

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Got questions?

Below are some common questions from our customers that may provide you with the answer you're looking for. If you can't find an answer to your question, please don't hesitate to reach out to us.

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Can you do cosmetic mods on a lease?

The answer to this question is No. With very few exceptions, your leased vehicle must be in original condition when you return it, except for expected mileage, use and wear, or youll face hassles and costs at lease end.

What is the formula for calculating a lease?

Divide the depreciation amount by the number of months in your lease. This will be your base payment. Add the adjusted capitalized cost and the residual value. Take the sum and multiply it by money factor.

How to do the math on a lease?

First, lets look at the basics - the five figures youll need in order to calculate a monthly lease payment: Residual Value = (MSRP) x (Residual Percentage) Monthly Rent Charge = (Adjusted Capitalized Cost + Residual Value) x (Money Factor) Total Monthly Lease Payment = Monthly Depreciation + Finance Charge + Tax.

What is the 1 rule in car leasing?

The so-called one-percent method of sizing up a lease offer is based on the concept of dividing the monthly payment (not including sales tax, if any) by the MSRP sticker price of the car. If the result is very close to 1%, or less, the better the deal.

Can I put a lift kit on a leased vehicle?

When having a vehicle modified prior to the start of the lease, whatever you may pay to have installed on it likely needs to stay with the car since it belongs to the leaseholder. You may pay thousands of dollars for that suspension lift, but it is not yours to remove and keep before you return the vehicle.

Can you put subs in a leased car?

Some cars are pre-wired for navigation systems, premium sound systems, and even back-up cameras, and while they dont come equipped with those systems, they can easily be installed. However, by the end of the lease, those additions need to be removed and the original systems replaced at the drivers expense.

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