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Car Leasing 101: Do You Have to Put Money Down? PLUS end of lease options

Frames Car Leasing 101: Do You Have to Put Money Down? PLUS end of lease options

Description Car Leasing 101: Do You Have to Put Money Down? PLUS end of lease options

Comments Car Leasing 101: Do You Have to Put Money Down? PLUS end of lease options

Great job Jeff !!brWhen you say zero down, did you mean tax/registration/1st payment? or completely zero down? Comment from : 3211&Co

It's insane how people say it's a great idea to keep leasing It's a guaranteed expense You Always eventually want Out of car payments and take the money instead to invest in your retirement Comment from : M B

can anyone comment on the advantages and disadvantages of a 2yr vs 3yr lease? Comment from : Vince A

What if someone have a lower credit score, but have a cosigner and would like to lease Would they still get approved? Comment from : Tee

Is that including the car insurance or no Comment from : StuckOnStupid22

FYI You never put money down for at least vehicle towards the value of the car Comment from : Lisa Flores

The down payment you put down for the car you are renting for 3 years goes straight into someone’s pockets🤫 Also, when you return the car make sure you returned it without any blemishes No rips on the seats, no dents, no scratches or scuffed rims, no damages on the bumpers etc… take care of all the damages, other wise the dealership is going to bend you over the same desk the bend you over the day you signed that rental loan and stick it to you one more time Comment from : In motion

You don't say anything about signing start the lease Comment from : Jose Colon

Work in corporate finance Went to a dealership just for very very leisurely looking one day last week Had like, a 3/10 chance of walking out with a car because I am not eager at all right now Was more for fun and to see what these salesmen try Don't worry, I was there only roughly 15 minutes Zero waste of my time to mess with them and pretend I'm interested (only I knew that)brbrAnyway Visit a Chevy dealer just to look around at a cheap Equinox (solely commuting 5 miles to work and back)brbrThey wanted $9k down, $299x36mo with Tier 1 credit (822 FICO) The moment I mentioned cap cost, RV, money factor, etc they changed their tone Offered $6k 229/mbrbrI looked the GM straight in the face and said kiss my ass And immediately left They tried chasing me down Kept walkingbrbrINSANE how these dealers will rip people offbrbrbUPDATE/b 2022 Kia Forte GT manual - paid MSRP ;) that's how you do it Zero markups or hidden fees Comment from : koofdome

6:21 when people ask me how much I make a year Comment from : Andrew Kim

Down payment on a lease is idiotic If you put $5k down and the next day your car is totaled, you don't get your down payment back since your technically renting (paying depreciation) Comment from : Edward Chagolla

So I am under $20k miles on my lease that is ending in 5 months I want a new car But if I go back to the dealership they may low ball me and not give my equity Comment from : Aileen Chann Cota

With bad credit and no co-signer, it’s a requirement from the bank to have a chance at getting approved Comment from : Kevs2good

If I have a trade in with 10k in equity and plan on getting a lease, will that 10k affect the vehicle price later on if I decide to keep the vehicle? Comment from : blk04ram

so if you go over the mileage limit but trade in the vehicle for another lease or buy it with a loan you don't have to pay the penalty for going over the mileage???? is this true on every lease???? Comment from : Ryan Moan

Hi Jeff I always see “due at signing” Is this different than or in addition to a down payment? Comment from : Debbi Wallace

I'm currently leasing through Nissan my credit shot but their still willing to put me in a new car because I have excellent payment history with their company Comment from : Red Ciroc

How about equity in the lease Comment from : Mike G

Thanks Jeff, this is the video in my research on leasing that mentions credit score importance Comment from : Valentine McIntosh

Its so funny that the dealer wants me to trade my vehicle with the lease Wrong! That would be money down Sheesh Comment from : Marilyn M

lol love it thank you Comment from : Ra Logistics Royal Ashley

You are doing exactly what I want to do with a venza Comment from : Renard Mills

Thank You for the videos and watch and subscribe to your channel Comment from : Renard Mills

What about taxes and fess with leasing Comment from : Renard Mills

reduce the bloat bud! This is too much talking Comment from : Syed Hussain

You didn’t say if you get mileage money back if you don’t use all miles you leased the car for only amount you would pay if you were over Comment from : Rob Ward

Loved all the dad jokes Comment from : Sibtain Farooq

Thank you for the very informative video! What do you think about leasing a full electric vehicle? The reason I ask is because electric vehicle's batteries degrade over time and would not last longer than regular cars do What do you think? I have a 2020 4runner TRD offroad premium that I love but I need something for work and back Comment from : turborsx

Thanks Comment from : Jim Mulderig

Is the 4runer a new model? Comment from : Greg Twogood

I enjoy your videos! Comment from : Diodorus b

A fool and their money are soon parted Continually leasing vehicles is a great way to waste tons of money Comment from : Serious_in_Seattle

How did you get your numbers for the 4Runner? I’m trying to calculate a lease for a rav4 xle awd and the hybrid version for 3 years, 12-15k Comment from : Tony Ramirez

Jeff, please explain the amount due at signing that most dealers seem to require when you lease Thanks Comment from : Warren White

Sometimes, the magic comes from unexpected sources Words can’t describe how overwhelmed I feel by your kind gesture From the deepest place of my heart, I say, “Thank you to Lavejam on telegram for being such a wonderful angel to me” Comment from : MIKKEY

Everyday of my life is always funbrSpecial thanks to lavejam on telegrambrMay God almighty bless him Comment from : Belling Scord

bI have been searching on how to make Money from bitcoin but I was so happy to get lavejam on telegram he help me out with his processe/b Comment from : Sandey

It takes me time,money and stress but thank God I'm a grateful soul bLAVEJAM on telegram/b has deliver me at a dying point Comment from : Willson Darieno

I would never be able to fully express my appreciation to you All my lips can say to you right now are the words, “thanks to lavejam on telegram Comment from : Willson Darieno

People like you can make the world a better place No matter which words I use, I would never be able to fully express my appreciation to you All my lips can say to you right now are the words, “thanks to lavejam on telegram Comment from : Helen grace Mike

This is totally amazing after flipping with Lavejam on telegram* I got new apartment I'm totally in joy and happiness i meet them Comment from : Helen grace Mike

My dad always said leasing a car is like making a deal with the devil !! He always bought his cars with cash Never had a payment in his life He's 78 Sorry Jeff ! Comment from : Spurs Dynasty73

You are very entertainingand of course helpfulGood video!!! Comment from : Teresa Radlinska Kuzmanovic

Thank you for posting this! Comment from : Christopher Kayser

Dave Ramsey never recommended leasing a vehicle Comment from : Bo Han

Can I negotiate the residual value of my truck lease? Thanks Comment from : Jose Colon

You are awesome! Too bad you are far away :( Comment from : Adela Rojas

Dont see a point in putting $ down unless you are financing Great video as always 👊 Comment from : Jesse Symons

Nice job on the leasing break down!brHi Jeff, on my 3rd lease with Toyota, ‘15 Camry XSE, ‘18 Camry XSE and now ‘21 Venza XLE, all 3 in Ruby Flare Pearl First 2 no money down, but this Hybrid and all its virtues ups the anti, so I had saved my shekels and dropped 4K down I’m certain this will be a keeper and with the 10yr, 150K mile warranty on the battery I feel this will be a high mileage stud in our stable brJapan manufacturing on top of that gives me a good feeling overall brNow if they could get some of those Harrier accessories over here in the USA all will be good No fog lights, mud flaps, visors etcbrCanada has em! What’s up with that?🤔 Comment from : Gabriel Spiropol

Great contentnew subscriber here 👍👍 Comment from : Terryann Unique

Don’t lease Comment from : Tim Daugherty

The doing $4,000 off a 2021 Camry Comment from : Gary Napoli

Thank you for the video but leasing is not a good think Comment from : Nabil Kashmery

Can you use multiple security deposits? Comment from : Ryan

Very interesting, informative, and helpful Thanks for sharing Comment from : Chuck Hall

@Toyotajeff in Raleigh, can there be instances where one can be given a discount off the residual at the lease or offers like vehicle being eligible for low APR? Comment from : Mustapha B Cham

You just gain another subscriber Comment from : Darren Montez

I wanna lease but I’m still financing another vehicle Comment from : Mark CQ

Excellent advice! So helpful! Thank you! 👍 Comment from : Elizabeth Wonders

How about if you decide to sell your leased car? Comment from : Stephan Levesque

Very fair, reasonable, and balanced explanation of leasing, Jeff! It gets a bad rap, and it's definitely not for everybody But for someone in the right set of circumstances, it's a great option! Comment from : mhlittleton6493

Wait, I'm confused on end of lease options You can trade it in and the mileage doesnt matter?? Im getting ready to drive my kid's clunker cuz im close to 36k and my Rav's lease isn't up until October 😳 please explain👍🏻Im looking into leasing the new XSE Highlander ❤ Thanks for all you do Jeff! Comment from : Made 2Modify

Why no toys for tots update? What did my donation do? Comment from : FloridaSoundsGood

Hey now! You really hit em with the hein on that one Thanks for the info I’m gonna buy my leased 2018 Acura MDX Thanks Jeff Comment from : DG

Jeff Please use mic in all of your videos Comment from : Christopher Cruz

Jeff, I love your videos but you skipped over the most important part, which is how you get the lease payment amount You showed numbers, touched a bit on interest rate (MF) but didn't explain residuals and how the payment is determined and other options such as MSDs to lower your payment Keep up the good work and keep the informative and entertaining videos coming Comment from : swpsacs1

The 1st viewer for the 2nd timego on you are the best 👌 Comment from : Wael Abdelmageed

Jeff i really want a key Comment from : Spencer Bloomenthal

First Comment from : Spencer Bloomenthal

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