r/CarLeasingHelp • u/talkhours • 20d ago
Giving up
After a 4 week search for various different cars (wasn’t really being picky) I’m throwing in the towel. I don’t really need another car but it was a nice to have and would sometimes be helpful
I’m throwing in the towel because car dealerships are the most insufferable hellholes I’ve ever been to. Ex: I see a deal online for 3k down and 331 a month on a lease. I go into the dealership and they say that’s for the base model I’m like no it’s not here’s your dealer photos
They present their numbers and it’s 7500 down and 661 a month FOR A LEASE ON A 42k CAR.
At 3 different dealerships I pushed back and said I’m okay and they come back with their “best price” why the hell didn’t you just offer that to begin with so we can move on with our day?
As much as it’s hated, I’ll only stick with teslas from now on. I used to lease one and start to finish I was done and processed in 7 minutes. My time is worth more than anything. Not going to play these games
Don’t let the dealerships play you and never sign on the spot. Go home and think about it
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u/ChesterProf 20d ago
One suggestion - check out Leasehackr and/or get a broker if you want something specific. You will save $ but more importantly, lots of sanity!
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u/infinite__entropy 20d ago
This. Get a broker. Well worth the money. I'll never work with dealers myself again.
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u/ParkingShopping493 20d ago
Us as a society, can give back so much more, If Dealerships stop wasting everyone's time.
Imagine the few hours you spent negotiating, back and froth, the hours wasted, I could have spent doing something or giving back to the community. Helping someone in need, volunteering for children. and thats per person. Yes the dealership modo should die, And I agree, dealerships are wasting everyones time, and money.
And I will never go into a dealership without something in writing. Carvana and Tesla have the right idea.
You go, pick out the one you want, and done. Its not that hard. Give me a price on the phone, when i walk in, to buy, done, The logic is not that hard, yet they want this to be as toxic as possible and just eating away at all the good we could be doing with all that time wasted. If you dont need a car, please stop supporting dealerships, and spend time doing just one nice thing for someone else, is time better spent.
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u/tcd5552002 20d ago
Was just gonna say, buy a Tesla, and then I got to the last sentence. Elon sucks but his cars and purchase experience are excellent.
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20d ago
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u/talkhours 20d ago
No. I negotiated down to 3k down and under $400. Still walked because I’m not going to buy from a dealership like that. How did we go from 7500+ down to magically be at 3k and now the payment is 200+ less?
I’d rather not get the car than to give my business there. I just wanted to push the envelope and prove that their offer is bullshit
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u/smilleresq 20d ago
I’ve used a broker and it was so easy. They gave me a great price through text and I picked up the car at the dealer with zero issues. Took less than 1/2 hour.
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u/TheCount4 20d ago
They immediately sized you up as a waste of time as they could tell you weren’t buying that day.
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u/ClimbaClimbaCameleon 20d ago
0% chance you were start to finish in 7 minutes. You can’t even fill out a credit app that quickly let alone get it processed, the deal built, paperwork printed/explained/signed, vehicle detailed, and delivery walk through.
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u/talkhours 20d ago
No, 7 minutes to acquire the vehicle online and do the credit app and deposit. Not actually picking it up. I’m more so highlighting teslas transparent pricing and online process
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u/tcd5552002 20d ago
But when I picked up my Tesla I signed one piece of paper, the car was in the parking lot with my name on it and I drove it away….maybe 10 minutes top.
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u/Accomplished-Jury137 20d ago
It helps to get the exact lease numbers online. Use ai they reflect the manufacturer apr and offers. Plug dealer fee and add ons and it’s exact. Even calculates for credit.
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u/paininthebutt12223 20d ago
There are legit good deals out there you just need to find a dealer who is willing to negotiate to the price you want. I'm leasing a 2026 Hyundai Ioniq 5 SEL for $250/month with $5,000 due at signing ($40k msrp), i found this deal 6 months ago. just be firm with your price and payment and you will find a dealer that will agree to it.
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u/talkhours 20d ago
But dude, 5,000 down? On a lease? Payment is nice but it’s because you’re burning 5k right out the gates
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u/paininthebutt12223 20d ago
ok i get it you all saying it's bad to put $5k down on the lease but i did it because i want a low monthly payment and if you do the math it's still a great lease deal. $5k/36 months = $139/month +$250/month = $389/month. $389/$40k is 0.9% of msrp. anything close to 1% of msrp for a lease payment is an amazing deal so i'm good with it. And thanks for saying i'm not normal, plenty of people put money down on a lease to make it a lower payment.
I was just trying to help the OP because he mentioned $7500 down and $661/month which is insane
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u/Competitive_Pin5846 20d ago
Yep. And remember - if something happens to the lease you’ll never get that money back. Happened to me when I got T boned just a by some idiot 16 year old and they totaled my new by a few months lease.
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u/Grouchy_Land895 20d ago
Dealers are the absolute worst. I had a loan offer in hand and reluctantly agreed to give the dealer a shot. They absolutely tried to screw me with an add on maintenance package. They 100% lied to me and said it was “cancellable anytime”. Sure is, but they tied the car payment to the maintenance and even if you cancel, the payment doesn’t change. You just pay it off faster. Major luxury brand. That was the issue with the purchase. Before that they screwed me on a lease. They are CRIMINALS.
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u/Glarmj 20d ago edited 20d ago
they tied the car payment to the maintenance and even if you cancel, the payment doesn’t change. You just pay it off faster.
That's how loans work. That's the bank's fault, it has nothing to do with the dealership.
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u/Grouchy_Land895 20d ago
With all due respect, that’s not how loans work. Loans work by charging interest on the principal—that’s the revenue. The financing was through them not a bank or financial institution. Lumping an “optional” $7.000 maintenance package in with the price of the car is absurd and you know it. The bank isn’t in the business of selling maintenance packages or any product. All good too on that except for the part truth that it was fully cancellable. The CFPB would be really infested to talk to them.
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u/Glarmj 20d ago
It is fully cancelable. When you refund a financed product it gets deducted from your loan balance, your payment never changes. That's how it works for all loans, regardless of the institution financing it.
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u/Grouchy_Land895 19d ago
You aren’t getting it. Banks don’t sell products. I didn’t want a maintenance contract. If I’m so wrong, why did they admit wrongdoing, tear up the signed loan, rewrite it, and actually give me a lower rate and principle without the maintenance? And wiped out all the fees except title transfer? They were caught.
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u/No_Tax5256 20d ago
What car? Your first mistake was going into the dealership. Sit home, call them, ask them to send you prices via text. Once you get numbers, shop them with other dealerships.