Topic Wiki

Typical Due at signing
$1395 in Lakewood.

MOST LEASES DONT REQUIRE A DOWN PAYMENT, NOT TO BE CONFUSED FOR $ D.A.S.

Reputable Leasing companies:

Swift Autos:     https://swiftautos.net in NY, NJ. 845-293-2888. sruli@swiftautos.net (sruli1234)
Leasing Depot: https://www.leasingdepot.com/ in NY (Crown Heights) very nice and accommodating, great service
Leasing Direct: http://www.leasingdirectny.com/ in NY Great prices and service (CS1)
Bianchi Honda: http://www.bianchihonda.com/ in PA Great prices, huge selection, and service (CS1)
Driveway Leasing: https://www.drivewayleasing.com/ in NY-NJ (718) 813-3000 ask for Hershy, He'll go above and beyond to satisfy you.

BrightLife Auto Group (Formaly iLeaseAuto) - Passaic, NJ Great Prices and Service (973) 800-8928 Ask for Mayer (MosheD)
« Last edited by sruli1234 on June 24, 2019, 03:18:20 PM »

Author Topic: Car Lease Master Thread  (Read 374025 times)

Offline cozmohoot

  • Dansdeals Presidential Platinum Elite
  • ********
  • Join Date: Jan 2012
  • Posts: 4054
  • Total likes: 29
  • DansDeals.com Hat Tips 5
    • View Profile
  • Location: NY
Re: Car Lease Master Thread
« Reply #3285 on: January 28, 2018, 10:07:11 PM »
I have heard many get screwed at mainstream leasing guys...

Realize that when any company brings the car and paperwork you don't have to sign unless you agree with the contract presented.

Offline ilherman

  • Dansdeals Lifetime Presidential Platinum Elite
  • *********
  • Join Date: Jun 2013
  • Posts: 8370
  • Total likes: 57
  • DansDeals.com Hat Tips 34
    • View Profile
  • Location: Brooklyn
Re: Car Lease Master Thread
« Reply #3286 on: January 29, 2018, 12:03:40 AM »
Can someone explain how it works? What's the difference when I lease directly from my Ford dealer or go through a local company like PAL?
You can say what you think when you think what you say.

Offline sammyp

  • Dansdeals Gold Elite
  • ***
  • Join Date: Aug 2012
  • Posts: 199
  • Total likes: 7
  • DansDeals.com Hat Tips 0
    • View Profile
Re: Car Lease Master Thread
« Reply #3287 on: January 29, 2018, 12:26:35 AM »
Can someone explain how it works? What's the difference when I lease directly from my Ford dealer or go through a local company like PAL?

When you use companies like PAL, Westmount etc. they shop around for you. If you don't have a specific car in mind, they can tell you who is running the best deals. Even if you do have a specific car in mind, different dealerships have different deals and different rebates. These guys shop around for you and get you the best available deals.

I personally recommend getting a few quotes from PAL, Roadmaster, Westmount etc. Lakewood is very competitive. After you get the quotes, let them know you are shopping around and they will try to beat the competition. You can get them to throw in extra miles, throw in the waiver, and lower prices.

I just did this, then I went to the local dealer. They started out very high. They are great salesmen and very aggressive. But they couldn't match the leasing companies. They just couldn't put it together.

Leasing companies do not tell you how they get the rates lower. Many times they are using rebates which they somehow find. My dealer couldn't get the same rebates.

Offline ilherman

  • Dansdeals Lifetime Presidential Platinum Elite
  • *********
  • Join Date: Jun 2013
  • Posts: 8370
  • Total likes: 57
  • DansDeals.com Hat Tips 34
    • View Profile
  • Location: Brooklyn
Re: Car Lease Master Thread
« Reply #3288 on: January 29, 2018, 12:32:29 AM »
Interesting. Thanks. How do the local guys make money when you lease through them?
You can say what you think when you think what you say.

Offline Abet rich

  • Dansdeals Lifetime Platinum Elite
  • *******
  • Join Date: Jul 2014
  • Posts: 1943
  • Total likes: 15
  • DansDeals.com Hat Tips 3
    • View Profile
  • Programs: Hertz PC, National EE
Re: Car Lease Master Thread
« Reply #3289 on: January 29, 2018, 12:38:16 AM »
Interesting. Thanks. How do the local guys make money when you lease through them?
if Iím correct, they make a few dollars per month (or a few more than a few) from the dealers
Hertz 2019 CV # 052E0003
Contact me at abereich19@gmail.com for all help and info.

Offline Let3

  • Dansdeals Platinum Elite + Lifetime Gold Elite
  • ******
  • Join Date: Dec 2012
  • Posts: 990
  • Total likes: 9
  • DansDeals.com Hat Tips 0
    • View Profile
  • Location: New York/Jerusalem
Re: Car Lease Master Thread
« Reply #3290 on: January 31, 2018, 08:07:23 PM »
I'm new to leasing and would like some insight on what hidden charges there are to be aware of...
Does it make sense that honcker is $40-$60 cheaper than other Jewish leasing companies?
As I said, IME it all depends on the car and what deals are out there.
I just leased 2 cars with Honcker and had no hidden fees or anything added by signing.
And I havenít heard any personal stories reporting that as well.
(Only from other leasing companies...- which as someone said earlier, Iíve heard many stories of local companies hiding fees...)
Not that this is proof that it never happened...

Offline ludmila

  • Dansdeals Presidential Platinum Elite
  • ********
  • Join Date: Aug 2012
  • Posts: 4902
  • Total likes: 253
  • DansDeals.com Hat Tips 0
    • View Profile
  • Location: IND
  • Programs: Hilton Diamond,Marriott Platinum,SPG Platinum.
Re: Car Lease Master Thread
« Reply #3291 on: January 31, 2018, 10:39:37 PM »
thanks

it doesnt cause any issues with like warranty or any issues when returning the car?
No, I did lease a loaner a few years ago,  I got exact same warranty, free maintenance  etc  , as on their new cars. When returned I had to replace 1 tire which was really bad, and that was it.
I was the Best,still the Best, and will always be the Best.
Pele Good,Maradona Better, George Best.

Offline zagguru

  • Dansdeals Lifetime Platinum Elite
  • *******
  • Join Date: May 2014
  • Posts: 2261
  • Total likes: 88
  • DansDeals.com Hat Tips 56
    • View Profile
Re: Car Lease Master Thread
« Reply #3292 on: February 01, 2018, 05:31:21 AM »
No, I did lease a loaner a few years ago,  I got exact same warranty, free maintenance  etc  , as on their new cars. When returned I had to replace 1 tire which was really bad, and that was it.

Thanks. I pulled the trigger yesterday at my land rover dealership.
They offered me the following, i thought it was pretty good:

Range Rover Evoque SE Premium 2017 Loaner. 1300 Miles on it.
10K Miles/year
1st month and DMV upfront ($1K total)
$499.60 monthly payment @39 months
Payment of $1250 to Chrysler Capital to pay off the remaining months of my Jeep lease by Land Rover (5 months)


Offline maylei

  • Dansdeals Platinum Elite + Lifetime Silver Elite
  • *****
  • Join Date: Sep 2016
  • Posts: 648
  • Total likes: 13
  • DansDeals.com Hat Tips 2
    • View Profile
  • Location: flatbush
Re: Car Lease Master Thread
« Reply #3293 on: February 02, 2018, 10:08:17 AM »
Does anyone know of a good price for a Toyota leases based on 36 month program
Sales tax and 40000 miles included
add for new/transfer plates
based on a Tier 1 Plus credit

Offline yas

  • Dansdeals Platinum Elite
  • ****
  • Join Date: Apr 2012
  • Posts: 287
  • Total likes: 9
  • DansDeals.com Hat Tips 2
  • Gender: Male
    • View Profile
Re: Car Lease Master Thread
« Reply #3294 on: February 02, 2018, 02:54:08 PM »

I just did this, then I went to the local dealer. They started out very high. They are great salesmen and very aggressive. But they couldn't match the leasing companies. They just couldn't put it together.

Leasing companies do not tell you how they get the rates lower. Many times they are using rebates which they somehow find. My dealer couldn't get the same rebates.

To get a good price at a dealer, you need to come very prepared with all your facts before walking in the door.

You always start off by negotiating as much as you can from the sales price, then you apply the incentives and rebates that you are eligible for.
Showing them that you know the residual value and MF will greatly help.
Leasehacker is a good website for learning the ropes of leasing from dealers. https://leasehackr.com/  They also have a very active forum.

Offline ludmila

  • Dansdeals Presidential Platinum Elite
  • ********
  • Join Date: Aug 2012
  • Posts: 4902
  • Total likes: 253
  • DansDeals.com Hat Tips 0
    • View Profile
  • Location: IND
  • Programs: Hilton Diamond,Marriott Platinum,SPG Platinum.
Re: Car Lease Master Thread
« Reply #3295 on: February 03, 2018, 02:56:31 PM »
To get a good price at a dealer, you need to come very prepared with all your facts before walking in the door.

You always start off by negotiating as much as you can from the sales price, then you apply the incentives and rebates that you are eligible for.
Showing them that you know the residual value and MF will greatly help.
Leasehacker is a good website for learning the ropes of leasing from dealers. https://leasehackr.com/  They also have a very active forum.
Thanks, good info and helpful site.
I was the Best,still the Best, and will always be the Best.
Pele Good,Maradona Better, George Best.

Offline Abebee

  • Dansdeals Platinum Elite + Lifetime Gold Elite
  • ******
  • Join Date: Nov 2015
  • Posts: 773
  • Total likes: 18
  • DansDeals.com Hat Tips 2
  • Gender: Male
    • View Profile
  • Location: New York
  • Programs: National EE
Re: Car Lease Master Thread
« Reply #3296 on: February 03, 2018, 07:26:20 PM »
if Iím correct, they make a few dollars per month (or a few more than a few) from the dealers
I'm pretty sure they get a 1 time payment in the beginning of the lease, but I'm sure someone on the forum can confirm the way they get paid!

Offline yhaller14

  • Dansdeals Platinum Elite + Lifetime Gold Elite
  • ******
  • Join Date: May 2015
  • Posts: 764
  • Total likes: 13
  • DansDeals.com Hat Tips 9
  • Gender: Male
    • View Profile
  • Programs: Sixt plat, national ee, united 1k, hertz pc,
Re: Car Lease Master Thread
« Reply #3297 on: February 03, 2018, 08:43:20 PM »
Interesting. Thanks. How do the local guys make money when you lease through them?
Very simple, when you lease a car it gets leased through a bank so the bank pays the dealership for the full amount of the car and a small amount whatever the leasing companies mark-up is goes to them
"In the end we only regret the chances we didn't take"

Offline ilherman

  • Dansdeals Lifetime Presidential Platinum Elite
  • *********
  • Join Date: Jun 2013
  • Posts: 8370
  • Total likes: 57
  • DansDeals.com Hat Tips 34
    • View Profile
  • Location: Brooklyn
Re: Car Lease Master Thread
« Reply #3298 on: February 05, 2018, 11:05:25 AM »
Does a 4x4 have any other benefits besides being able to get out from deep snow?  Also now days with SUVs having AWD, would it be a difference getting out from deep snow having AWD vs 4WD?
You can say what you think when you think what you say.

Offline davidrotts63

  • Dansdeals Lifetime Presidential Platinum Elite
  • *********
  • Join Date: May 2017
  • Posts: 6601
  • Total likes: 685
  • DansDeals.com Hat Tips 24
  • Gender: Male
    • View Profile
  • Programs: Hertz Gold, Hyatt Member, BA Blue, Ebay banned, Amazon Prime
Re: Car Lease Master Thread
« Reply #3299 on: February 05, 2018, 11:29:16 AM »
Does a 4x4 have any other benefits besides being able to get out from deep snow?  Also now days with SUVs having AWD, would it be a difference getting out from deep snow having AWD vs 4WD?
Off roading.
"All-wheel drive is in some ways similar to the full-time 4WD system in that it also sends torque to all four wheels constantly. However, most modernAWD systems don't offer drivers the option to operate in two-wheel drive and, unlike the 4WD systems, the differential between the front and rear axles cannot be locked."
(Quit) pulling out the flowers, and watering the weeds. -Peter Lynch