In today's video, I will show you how to lease a car like A PRO! If you're in the market for a new car lease, then WATCH THIS! All my recommendations 👉🏾 https://bit.ly/naamwynn

In this video, I will show exactly how I was able to get the best possible lease with $0 money down.

I will first discuss whether or not leasing is for you and how there is an advantage to leasing a new car. I will then explain all the terminology you MUST know prior to leasing a vehicle.

Next, will go over the golden rule that most car leasing gurus use, which is the 1% rule/test. This general rule of thumb make allows you to guesstimate whether a lease deal is good or not.

Then I will go over something I failed to mention during my previous video which is your credit score. Credit Score is a big determining factor whether or not you can achieve a great lease. I will go over what are credit tiers and what you can do if your credit is less than stellar.

Next, I will dig deeper into the research process. I will share with you all the platforms and ways I do my research prior to ever contacting the car dealership. You will WANT to watch this!

Lastly, I will go over how to price a lease and negotiate a lease. With this information, you won't be played again at the dealership.

I added some bonus at the end as well, such as lease swapping, end of lease thoughts, and final thoughts.

Research Tools:

RODO App: https://refer.rodo.com/nam0

Edmunds Forums
https://forums.edmunds.com/discussion...

Leasehackr: https://leasehackr.com/
Carvana: https://www.carvana.com/
Vroom: https://www.vroom.com/

Timestamps:
0:00 What's Up Wynners!
1:31 What Is A Lease?
2:43 Capitalized Cost
2:57 Capitalized Cost Reduction
4:08 Lease Terms
4:30 Residual Value
5:10 Money Factor
6:26 Disposition Fee
6:46 Excessive Mileage Fee
7:18 Excessive Wear & Tear
7:45 1% Rule
9:25 Credit Score
10:59 Research
13:18 Timing
14:07 Research Process
17:56 Pricing
19:47 Leasehackr Calculator
22:44 Negotiation
26:58 Lease Swapping
28:02 End Of Lease
29:29 Final Thoughts

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Credit Builders:
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Business Credit Lines:
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⮕ Credit Strong 👉🏾 https://bit.ly/3STtob9

Credit Monitoring
⮕ Score Master ($1 7-Day Trial) 👉🏾 http://bit.ly/3HZ3cIN
⮕ Credit Karma 👉🏾 https://bit.ly/2ZWHH44
⮕ MyScoreIQ 👉🏾 http://bit.ly/3Y31yu8
⮕ IdenityIQ 👉🏾 https://bit.ly/2SYnwPV

Investment Apps:
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#carlease #1%lease #carleasenegotitation

DISCLAIMER:
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! 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 makes no express warranty as to the completeness or accuracy, nor can it accept responsibility for errors appearing in this video.