Next Time You Lease A Car Know THIS 🚙

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  • Опубліковано 25 тра 2022
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КОМЕНТАРІ • 303

  • @LegacyInvestingShow
    @LegacyInvestingShow  2 роки тому +8

    ➡️Financial Freedom Resources👇
    beacons.ai/thelegacyinvestingshow/

  • @nolanwood2143
    @nolanwood2143 2 роки тому +963

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

    • @TrevA102
      @TrevA102 Рік тому +15

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

    • @mattnunez8660
      @mattnunez8660 Рік тому +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 Рік тому +4

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

    • @FavDogBisquit
      @FavDogBisquit Рік тому +5

      @@mattnunez8660delusional

    • @williamirwin9686
      @williamirwin9686 10 місяців тому +1

      Honestly

  • @throughmyshadow
    @throughmyshadow 2 роки тому +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 Рік тому +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 Рік тому +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 Рік тому

      ​@@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 Рік тому

      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 місяців тому +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 роки тому +288

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

    • @TrevA102
      @TrevA102 Рік тому +7

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

    • @amedmayorga3375
      @amedmayorga3375 Рік тому +4

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

    • @shadowk4718
      @shadowk4718 Рік тому +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 Рік тому +2

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

  • @danflick6669
    @danflick6669 2 роки тому +33

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

    • @BobRooney290
      @BobRooney290 Рік тому +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 9 місяців тому

      @@BobRooney290facts

  • @DeeZeeGR
    @DeeZeeGR 2 роки тому +212

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

    • @KingBobIsHere
      @KingBobIsHere 2 роки тому +3

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

    • @TrevA102
      @TrevA102 Рік тому +1

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

    • @buryato_banderovets
      @buryato_banderovets Рік тому +1

      Armenians and cars :) ehehehe

    • @user-nj1zu2nf1x
      @user-nj1zu2nf1x Рік тому

      ​@@J35Y6 Tell me you suck at Sales

  • @alexshelton9278
    @alexshelton9278 2 роки тому +165

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

    • @TrevA102
      @TrevA102 Рік тому +13

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

    • @jamesrobi91
      @jamesrobi91 Рік тому

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

    • @zaicustis
      @zaicustis Рік тому

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

  • @JORDI_CARSALES
    @JORDI_CARSALES 6 місяців тому +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)

  • @user-sx7hf3kr4z
    @user-sx7hf3kr4z 2 роки тому +20

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

    • @wingstop7021
      @wingstop7021 2 роки тому

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

    • @TrevA102
      @TrevA102 Рік тому

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

    • @BobRooney290
      @BobRooney290 Рік тому

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

  • @Alonzo422
    @Alonzo422 Рік тому +3

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

  • @israelgonzalez5499
    @israelgonzalez5499 2 роки тому +5

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

  • @antoniotiberi1569
    @antoniotiberi1569 2 роки тому +51

    My APR is 0 because I don’t lease

    • @AS-hu2ek
      @AS-hu2ek 2 роки тому +16

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

    • @antoniotiberi1569
      @antoniotiberi1569 2 роки тому +3

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

    • @wingstop7021
      @wingstop7021 2 роки тому +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

  • @sharkskin3448
    @sharkskin3448 7 місяців тому +1

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

  • @ambrosia453
    @ambrosia453 2 роки тому +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

  • @soobinhyun2
    @soobinhyun2 2 роки тому +43

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

    • @AS-hu2ek
      @AS-hu2ek 2 роки тому +5

      Very common on leases…

    • @iuyozx
      @iuyozx Рік тому

      Ignorant fools.

    • @buryato_banderovets
      @buryato_banderovets Рік тому +4

      There's no chip shortage

    • @BobRooney290
      @BobRooney290 Рік тому

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

    • @takingchances4689
      @takingchances4689 9 місяців тому +3

      @@buryato_banderovetsright that 💩 was like 5 years ago lol

  • @harleylentola5272
    @harleylentola5272 2 роки тому +7

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

  • @rearviewviewer
    @rearviewviewer 2 роки тому +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.

  • @Stealthboy56
    @Stealthboy56 2 роки тому +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 роки тому

      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 місяців тому

      oh really?

  • @silverking8742
    @silverking8742 2 роки тому +3

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

  • @apeshytexotics8035
    @apeshytexotics8035 2 роки тому +2

    Let me get this dealership that accepts every offer I give

  • @stepzc
    @stepzc 2 роки тому

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

  • @marcelr.9035
    @marcelr.9035 2 роки тому +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

  • @mattphillips2844
    @mattphillips2844 2 роки тому +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.

  • @thehombreman
    @thehombreman 2 роки тому +1

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

  • @pb6839
    @pb6839 2 роки тому +1

    Dealership will just tell you to go with the competitors 🤣

  • @sawyerwalser1527
    @sawyerwalser1527 2 роки тому +4

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

  • @fordpowerornopower
    @fordpowerornopower 2 роки тому

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

  • @thehoov6672
    @thehoov6672 2 роки тому +1

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

  • @hunterwhite5384
    @hunterwhite5384 11 місяців тому

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

  • @maxstirner8717
    @maxstirner8717 Рік тому +1

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

  • @mattgotro2705
    @mattgotro2705 2 роки тому +1

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

  • @brianfuller1227
    @brianfuller1227 9 місяців тому

    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 😂😂😂

  • @noahwhiteside
    @noahwhiteside 2 роки тому

    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.

  • @canadianaviator
    @canadianaviator 2 роки тому +3

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

  • @kozdagod8730
    @kozdagod8730 Рік тому

    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

  • @RsDv5
    @RsDv5 2 роки тому +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

  • @dailysmelly9756
    @dailysmelly9756 2 роки тому

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

  • @Unknownuser0515
    @Unknownuser0515 2 роки тому

    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

  • @BrokeandCopa
    @BrokeandCopa 8 місяців тому

    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.

  • @J35Y6
    @J35Y6 2 роки тому +3

    I’m almost certain this guy knows nothing about anything

  • @401CARDSHARKS
    @401CARDSHARKS 2 роки тому

    Launched from the showroom

  • @Itisthemuffin
    @Itisthemuffin Рік тому

    Bro this guy has never negotiated in his life

  • @richardyang7486
    @richardyang7486 Рік тому

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

  • @sawyerwalser1527
    @sawyerwalser1527 2 роки тому +1

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

  • @Btt8
    @Btt8 2 роки тому

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

  • @2ambaby198
    @2ambaby198 2 роки тому +1

    This might of worked in 2015 but not anymore 😂

  • @ksl2419k85
    @ksl2419k85 11 місяців тому

    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.

  • @timbabak3715
    @timbabak3715 2 роки тому

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

  • @ryokosmith9519
    @ryokosmith9519 2 роки тому

    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.

  • @JTB93
    @JTB93 2 роки тому +1

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

  • @grizzlygamer8891
    @grizzlygamer8891 2 роки тому

    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.

  • @Idontwantahandle6669
    @Idontwantahandle6669 2 роки тому

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

  • @ninelaivz4334
    @ninelaivz4334 Рік тому

    $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.

  • @sportyone3163
    @sportyone3163 2 роки тому +1

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

  • @andys6385
    @andys6385 2 роки тому

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

  • @ShpRKt
    @ShpRKt 2 роки тому

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

  • @Aviatewithaustin_
    @Aviatewithaustin_ 2 роки тому +1

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

    • @BobRooney290
      @BobRooney290 Рік тому

      i dont negotiate with sales terrorists that rip people off.

  • @TanNguyen510
    @TanNguyen510 2 роки тому +1

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

  • @IIIxMLGxPROxIII
    @IIIxMLGxPROxIII Рік тому

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

  • @hhdeng
    @hhdeng 2 роки тому +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

  • @TheThegreenpi
    @TheThegreenpi 2 роки тому

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

  • @Mr1dvsbstrd
    @Mr1dvsbstrd 2 роки тому

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

  • @4everism1
    @4everism1 Рік тому +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 Рік тому

      Multiple inquiries..like 10

  • @JH-kk2it
    @JH-kk2it 2 роки тому

    “No price is set.”

  • @clintawnbomb
    @clintawnbomb Рік тому

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

  • @VinoNoNo
    @VinoNoNo 2 роки тому +1

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

  • @gabrielarock368
    @gabrielarock368 2 роки тому

    Very Nice

  • @marcosmarti88
    @marcosmarti88 2 роки тому +1

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

  • @cleonbrady7913
    @cleonbrady7913 5 місяців тому

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

  • @adomingo2
    @adomingo2 2 роки тому +1

    7% acting like he got a steal lol

  • @Vietboy1st
    @Vietboy1st Рік тому

    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...

  • @brontoab1
    @brontoab1 2 роки тому

    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!

  • @DokesConspiracyNetwork
    @DokesConspiracyNetwork 2 роки тому

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

  • @S2KCYA
    @S2KCYA 2 роки тому

    When u negotiate yourself its easy...

  • @OBEYCorruptFoxx
    @OBEYCorruptFoxx Рік тому

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

  • @deutscheslotto8923
    @deutscheslotto8923 2 роки тому

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

  • @UnderMyPalm
    @UnderMyPalm 2 роки тому

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

  • @Malficion
    @Malficion 2 роки тому

    Any APR over 5% is too much...

  • @ehd1990
    @ehd1990 2 роки тому +1

    For anyone that takes this guy seriously, don't

  • @MrAllen2000
    @MrAllen2000 Місяць тому

    I did that and my apr would move on in ny nj half price

  • @leehall5447
    @leehall5447 Рік тому

    Never that easy lmao

  • @matthewgreen3901
    @matthewgreen3901 2 роки тому

    I'm a car sales/lease Consultant for a high-end dealership that'll not disclose. This customer would be BS for sure and will not work and you as a customer. This would be a total waste of time. PRO TIP Trying to hustle a higher end dealership will not work like this just saying.

  • @kingmike40
    @kingmike40 2 роки тому +2

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

  • @Skidmark0606
    @Skidmark0606 2 роки тому

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

  • @SirWilliam1767
    @SirWilliam1767 2 роки тому +1

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

  • @cornondajakob
    @cornondajakob 2 роки тому

    I got a junkyard truck that barely runs for $500

  • @jordanporter4518
    @jordanporter4518 2 роки тому

    Why would you try so hard to lease a vehicle? Leasing is a never ending money pit. Unless you can write it off on your taxes because you own a business that makes you more money than you know what to do with, buy the damn vehicle. Dont waste money on things that dont make you more money.

  • @jaredfeliciano1784
    @jaredfeliciano1784 2 роки тому +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

  • @jonahmarsden
    @jonahmarsden 2 роки тому

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

  • @EasyLivingDojo
    @EasyLivingDojo 2 роки тому +2

    Step 1, don't lease a car.

    • @BobRooney290
      @BobRooney290 Рік тому +2

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

    • @brianfuller1227
      @brianfuller1227 9 місяців тому

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

  • @blakesking6615
    @blakesking6615 2 роки тому +2

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

    • @gradog2095
      @gradog2095 2 роки тому

      Was it a g wagon

    • @blakesking6615
      @blakesking6615 2 роки тому +1

      @@gradog2095 F80 M4.

    • @Chiguy312
      @Chiguy312 2 роки тому

      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

  • @999benhonda
    @999benhonda 2 роки тому

    Next time you lease a car, don't.

  • @GSnip3
    @GSnip3 2 роки тому

    Or you can just go through your bank and get the better deal and lower interest

  • @Chocolate_dragon
    @Chocolate_dragon 2 роки тому

    You have zero leverage buying a car right now. mSRP or marked up from that. Take it or leave it. Someone else will take it. I’m not buying a car till it settles down

  • @devilman3136
    @devilman3136 2 роки тому

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

  • @sinclairal
    @sinclairal 2 роки тому

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

  • @pkrbrt25
    @pkrbrt25 2 роки тому +2

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

    • @TGMacro
      @TGMacro 2 роки тому

      Negotiations are not illegal

    • @pkrbrt25
      @pkrbrt25 2 роки тому +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

  • @GetAlongCunts
    @GetAlongCunts 2 роки тому

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

  • @MC-di7op
    @MC-di7op 2 роки тому +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 роки тому +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

  • @simonmuller1796
    @simonmuller1796 2 роки тому

    Dude, next time you hsve a G at hand, ship that thing to Europe…you could sell it at 140% list price if its new and on stock. And if you wanna buy and try to negotiate the price with a desler you will get laught at, and rightly so…