How to Negotiate The LOWEST Car Lease Payment (Step by Step)

Very helpful thank you!

But what about credit score? Doesn't that have an effect on how much you can negotiate? What if someone's credit is bad they will use that as an excuse to charge a high money factor

I thought residual should be the lowest not the highest in case you want to buy at the end of the term, any thoughts?

Saving the video for my next lease, which isn't until October 2024 (2025 Model year?). Interest rates are high so I'll compare new lease versus buying my current lease next year. Also, I'm one of those "suckers" who know the dealer is charging MSRP and so I'm focused on lowest lease payment and how much to put down (usually around $5000). I'll do my research next time. More options in 2024 as my current Hyundai was leased during a pandemic when nobody had inventory and I had only one choice of model to grab (literally).

20% off msrp? in which world?

How bout an update on 2023 leaeses

So residual value would that be the Base price before they add on exterior color, packages, accessories and destination fee. Then the total for those is the MSRP?

Imagine you going to supermarket and asking for a discount on grocery you are going to a clothing store and asking for a discount on clothing. . Do you think they should sell their product at invoice price? People got use to get discounts on cars and they want the threat to continue. Times have changed you can’t get much discount if anything at all anymore. Many card dealers are charging a fair pricedoing the right thing so be aware of that

Hi Yang and thank you so much. However, how do they figure residual for new model cars such as the 2023 Toyota Crown Limited. It has as MSRP of $50, 792 and the vin is JTDAAAAF4P3014793. What would be a good lease for 36 months and 10 miles? Thank you

Do you think all these costs will be disclosed by the dealer, no way man

Where do I add the tax for the lease?

Where does having a trade that say is worth $5,000 towards the lease come in?

You can use this method for financing as well.....works extremely well....they 2 key factors is it shows you know what your doing and always be polite (even if they are trying to hose you!....they cant make you sign so its all up to you anyway)

The one you got pissed off @ might be the one to call you back and ok your original offer!

Avoid walking into dealerships!.....do everything online it text/ phone....it takes less time, gives you an advantage and you can contact way more dealers...

Its a knowledge, patience, and options game....the more you have on all of these the better your results

I have used this methid and did very well everytime

But yeah it takes work, still came out way ahead if I calculate the hrs vs thousands I saved...

The best lease is just buying the car unsubscribe.

nice video im thinking of leasing a car then buying it out at the end to make payments affordale in the beginning is this a good idea? also do u have a similar video on best way to buy a car ?

Just leased a car and if i followed your advice i would have paid $150 more per month on my lease. The best way is to go to 3 dealers and pit them against each other. These other formulas are pure nonsense

That’s the best Arizona

I need help 😩 i have the residual but not the other numbers, I’m currently about to get a brand new Volvo 2024 lease 779 monthly payments I’m trading and have a Corp discount

😀Are you in the Greater Washington DC Metro Area? I need you to accompany me to the dealership!

How do you know what the money factor will be before hand