HOW DOES THE DEALERSHIP
MAKE MONEY ON A LEASE ?
THERE ARE MANY WAYS A
NEW CAR DEALER CAN MAKE
MONEY ON A LEASED VEHICLE
EACH ONE WILL BE
EXPLAINED SEPARATELY
SEE LEFT SIDE NAVIGATION BAR
- RAISING THE SELLING PRICE OF THE VEHICLE
- MARKING UP THE INTEREST RATE TO GENERATE A RESERVE PROFIT PAID TO THE DEALER BY THE BANK OR LEASING COMPANY
- DOUBLE CHARGING THE BANK FEE
- SELLING GAP INSURANCE WHEN GAP INSURANCE IS NOT INCLUDED WITH THE LEASE
- SELLING GAP WRAP WHEN GAP INSURANCE IS INCLUDED WITH THE LEASE
- OVERCHARGING FOR EXTRA MILES YOU WILL NEED TO DRIVE ON THE LEASE (you will NOT realize it unless you know what to look for)
- OVERCHARGING FOR EXTRA OPTIONAL EQUIPMENT ON YOUR CHOICE OF VEHICLE (you will NOT realize it unless you know what to look for)
THE # 1
EASIEST WAY FOR
CAR DEALERS TO MAKE
MONEY IS BECAUSE
PEOPLE DO IT WRONG !
WHEN MOST PEOPLE WALK INTO A
NEW CAR DEALERSHIP AND WANT
TO
BUY A VEHICLE THEY ASK
“WHAT IS THE PRICE” ?
WHEN MOST PEOPLE WALK INTO A
NEW CAR DEALERSHIP AND WANT
TO
LEASE A VEHICLE THEY ASK
“WHAT IS THE
MONTHLY PAYMENT” ?
WRONG !!!!!!
PEOPLE ARE BEING CHARGED
MUCH MORE
BECAUSE THEY
NEGOTIATE MONTHLY PAYMENTS
INSTEAD OF THE ACTUAL
PRICE OF THE VEHICLE!
THE DEALER LOVES IT WHEN YOU
NEGOTIATE MONTHLY PAYMENTS!
THE DEALER DOES NOT HAVE TO
WORRY ABOUT YOU FINDING OUT
THE SELLING PRICE OF THE VEHICLE!
NEGOTIATE THE PRICE !
USE THE SIX CALCULATORS
TO VERIFY THE LEASE PAYMENT
LOOK FOR THE SALE PRICE
ON THE LEASE AGREEMENT.
SEE:
SAMPLE OF LEASE AGREEMENT
YOU WILL SAVE HUNDREDS, MAYBE
EVEN THOUSANDS OF DOLLARS!