Car Leases Are BACK! How To Get The BEST LEASE Deal (2024)

🚗 Imagine driving a brand-new $45,000 car for just $320 a month or an $83,000 luxury vehicle for only $645 a month—with zero down! In this video, I reveal how I scored these amazing deals and how you can too. Learn the key differences between leasing and buying, debunk common myths, and understand the importance of your credit score for getting the best rates. Watch now and learn how to drive your dream car for less!

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This video is for entertainment purposes only. I am not a legal or financial expert or have any authority to give legal or financial advice. While all the information in this video is believed to be accurate at the time of its recording, realize this channel and its author make no express warranty as to the completeness or accuracy, nor can it accept responsibility for errors appearing in this video. This video and description contain affiliate links, which means that if you click on one of the product links, I’ll receive a small commission. This helps support the channel and allows us to continue to make videos like this. Thank you for your support!

#lease #carlease

[DR_Bloom]

3 things I would add. 1st, always put as little down payment as possible on a lease. If you put $5k down and car gets totaled 1 month later the car will get paid off by insurance but you are out that $5k and now you need to buy another car. 2nd, dont buy anything from the finance office, you dont need extended warranty or paint protection just take care of the car you will only have it for 3 years, if you decide to buy it out you can add warranty then. 3rd, know how much you drive. Most leases are advertised at 10k miles per year. You can get 12k and 15k but usually will cost you more per month, and if you go over those miles could cost you .20 per mile which will add up.

[SergChronos]

Great video 👍👍👍
Is it mandatory to make down payment on a lease?

[chefb]

Wow.. I never even knew this was a thing. Thanks Naam👊🏾

[NewYorksFinest]

Lease hackers don't have anything in the Seattle area. Only California

[Laphoot]

I instantly trusted you right after I heard how you pronounced "Hyundai" 👍

[nicky_rads]

nice vid, had not heard of lease brokers before

[jgnmtz]

My last lease was a 2017 VW egolf ..the MRSP was 32, 000 with the no down lease payment at $329 plus tax ..but the tax was $30/month . I ended up paying $360/mo. But the $7500 ev credit cut the price .. back then California was doing $2500 ev rebate so that cut the price again . Then I bought the car for approx $11, 000 after 2 yrs 8 months at 2.9% interest for 3 yrs., but I decided to pay it off after 2 yrs . I don’t like having to put money down! But I do shop for lease deals with an eye towards buying . I use the $7500 ev credit to lower the price then I pay the depreciation over the lease term

[SavNout]

I walked out of a Toyota dealer with my son on a 24 Toyota Camry. His credit score was only a 639. 36mo lease of $800! It was insane for a $33k car! 17.9% interest rate.

[ThomasButryn]

Tesla needs to offer a reasonable lease on the Model X. The Model X lease should be around $770 because the retail price is $77, 900. As you point out, many competitors are offering very attractive leases.

[bullit]

I don’t think Tesla allows you to buy out your lease at the end. You just turn it in.

[jeanclaude]

Hey Naam! I want to lease a 2024 hyundai tuscon N like with no money down, but on the hyundai website it says $3900 down, $249 a month. I don't want to pay the hefty down payment. If i contact a broker could they help me avoid the down payment? I also have a credit score almost 900. Thanks.

[stevegoldberg]

Do I subtrack the manufacturer rebates and dealer discounts from the MSRP when figuring out the cap cost?

[YAGYUYT]

Hey Naam, I'm trying to lease a Acura Integra here in nyc. I dont want to spend more than $700 a month for my overall car cost. I have a co signer with 770 credit score should I go for it?

[alumahomeinspections]

Hi,
10 days ago I made a bad lease for a 2024 GMC Sierra 2500 AT4X, very expensive truck. I gave a 2018 Ford F150 Raptor trucj as down payment plus $15, 000. With my wife, we signed some leasing paperwork and they gave us the vehicle. After that I felt I did a bad deal and I regreted it but I unable to get out of the lease afterward. Some days after the salesman told that some missing papers for the bank financing area, needed to be signed too.
Questions:
1) With some unsigned papers, can the lease go through? I want to get out of the lease.
2) If the lease turn incompleted and void, Can I ask returning my Raptor?
Thank you

[emcemcemc]

I want to get rid of my 2023 Kia Soul Ex and trade it in for a BMW EV, I live in Southern CA. Bakersfield specifically, Im 7k in negative equity for my car right now. Would leasing be best for me and are thier any incentives for going EV, also i dont want to put much down at all like you say. My credit is 715+

[aronsingletary]

0 hours at the dealership and the car was shipped to me, all paperwork was signed on line.

[gsctrading]

great to know, thanks for all the info.

[buzzfun]

How is the tax calculated on the lease of a new car? Do you pay tax on the full price of the car or on the portion you are leasing for three years?

[payotimeRamsYT]

Thank you for this! I am looking at leasing for the first time. I was offered a Nissan Rouge for a two year lease at .99 interest. It looks like it’s just above the 1% rule but still the best deal I’ve found this week.

[leos]

I don't make $500/day. I would love to go in to a dealership and save myself $1-$2K. I know you're a millionaire and your time is worth a lot more than $1K/day so I understand you not wanting to spend a few hours negotiating. But since I'm not a millionaire I will do my own negotiating. Even at $500 I'm way ahead since I don't make that much in a day and I can certainly go on my day off.