How To Lease A Car In 2024 ($0 Down)

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3 жыл бұрын

Author of "From Side Hustle To Main Hustle To Millionaire" (Available at B&N, Amazon, Library)
My Book: sidehustlebook.info
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DISCLAIMER: Ryan Scribner, including but not limited to any guests appearing in his videos, are not financial/investment advisors, brokers, or dealers. They are solely sharing their personal experience and opinions; therefore, all strategies, tips, suggestions, and recommendations shared are solely for entertainment purposes. There are financial risks associated with investing, and Ryan Scribner’s results are not typical; therefore, do not act or refrain from acting based on any information conveyed in this video, webpage, and/or external hyperlinks. For investment advice please seek the counsel of a financial/investment advisor(s); and conduct your own due diligence.
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Пікірлер: 524

@RyanScribner 6 ай бұрын

Author of "From Side Hustle To Main Hustle To Millionaire" (Available at B&N, Amazon, Library) My Book: sidehustlebook.info

@KevinRuizContreras 3 жыл бұрын

Video starts at 5:18

@maconis1 2 жыл бұрын

Lol

@marsbeads Жыл бұрын

thanks

@GetToThePointAlready Жыл бұрын

Thank you I hate people like this who spend an enternity to get to the point.

@claritzafleuristil2420 Жыл бұрын

Thank you

@loadedwhenup Жыл бұрын

@evan9536 3 жыл бұрын

As someone who works from home, this really helped. Given that I have no commute, I’ll use lower km’s/year as a big bargaining point. I was always under the impression that leasing never leaves you a winner, but I think I can make a case in my scenario.

@pearlivory3483 2 жыл бұрын

Business owner. I work from home with occasional trips to clients (mobile notary and accountant). Leasing made sense for the moment.

@wyatthedine7503 3 жыл бұрын

I want to say I watched this from start to finish and it was very informative so thank you Ryan, I learned some things about leasing! I’m not one to lease a vehicle (even if it is $0 down) but for someone who is inclined to do that, I’m sure that what you did with screen-sharing your convo with the broker would be especially helpful!

@patouwhale 2 жыл бұрын

Sales tax is another key factor to consider. Most states charge sales tax only on the down payment, the monthly depreciation, and the eventual buy-out, versus paying sales tax on the entire purchase price when buying.

@bongm6039 2 жыл бұрын

Very informative video! Finally somebody who actually explained the essentials of leasing in a clear way. Thumbs up to you!

@Shakashack2022 3 ай бұрын

Agreed. Best thorough explanation! Same basic info for today’s 2024 market, eventhough filmed 3 years ago. 😂

@jt2428 2 жыл бұрын

I think it’s really nice that you care about your viewers/subscribes by having them aware of scammers, most don’t disclaim that, by the way great video this helped me lot thank you

@jessefung9688 3 жыл бұрын

Been leasing cars as a job for a few years! Great tips for the public Ryan! Hope one day I can inspire my followers like this. 👏👏

@thewealthwarren6940 3 жыл бұрын

I've leased a car for the last year and has been BY FAR more cost effective than buying a car and owning. Will continue to lease for the foreseeable future

@geneclover7748 3 жыл бұрын

Can I ask how ?

@JustAbe1020 3 жыл бұрын

how? plz explain?

@MikaeIe90 3 жыл бұрын

@@geneclover7748 I’m going to assume the low monthly payments and the included car maintenance. Depending on the vehicle he’s driving new, might also be getting real good MPG on the road and saving on gas as well.

@josryder7841 3 жыл бұрын

💯unless you can afford to pay for a car in its totality a lease is the way to save money. We ALL know the minute you finish paying on your financed car it starts to give problems that require money to fix🤣

@reece758 2 жыл бұрын

@Gas Pack has something changed in 11 years? I leased a 2010 Honda Accord and definitely had to pay for maintenance and repairs.

@LilmissBooker 3 жыл бұрын

OMG thank you, just thank you! You were so easy to listen to. Very informative, and I appreciate you!!

@airraid23 3 жыл бұрын

One of the best videos. Thank you for sharing! Super helpful and timely for me.

@darrylkeith57 2 жыл бұрын

I took a lot of notes and you brought a lot of clarity to many questions. Kudos for posting this

@GenX358 2 жыл бұрын

Very well thought out and presented! I enjoyed listening to you AND I was enriched with knowledge and understanding of this subject! Thank you for your time!!!✍🏽👏🏽👊🏽

@geegee4909 3 жыл бұрын

This has to be the most educational video I’ve came across. All in one video!! THANK YOU! I’m planning to lease a car in a couple of months but didn’t want to go in blind sided. Thank you thank you!

@iwannacutube Жыл бұрын

The money factor indicates the interest you will pay on a lease. It's used to determine the finance fees on a lease with monthly payments. Great video thanks!

@wolfrig2000 Жыл бұрын

You pay no interest on a lease. It's not a purchase. You're just renting the car.

@kdub175 7 ай бұрын

@@wolfrig2000you pay interest on your loan, you’re financing the amount needed to cover the depreciation, tax, and fees. $25,000 Car sale with a 63% residual, says the car buyout in 36 months is $15,750. So this means 37% depreciation is $9250 which is the portion you’re (“renting”) buying. Add on any tax and fees. your loan APR/ money factor will impact this amount.

@Shakashack2022 3 ай бұрын

@@wolfrig2000 If “interested” (pun intended 😊), here’s a short explanation of the money factor / buy rate for leasing. Yup, there’s a profit to be made in leasing too with interest rates. kzfaq.infomAHzvXetQ4I?si=CFvukiSdboWTJIxS

@naradpaudel2751 2 жыл бұрын

thoroughly researched materials I appreciate the effort Mr Ryan

@authenticchatbox2827 Жыл бұрын

Dude this has been so helpful and very impactful I’m in a sticky situation right now and some one recommended me to lease a car and when I start searching you came and broke everything down i will still take my time to make I have everything correct but the resources and information you gave was spot on and very understandable

@rs6578 2 жыл бұрын

Great video right on the point. Keep up the good work!

@jimcui4517 2 жыл бұрын

the best lease advice i got so far. thanks

@sunnydaze5674 3 жыл бұрын

Great video and so in-depth. I’ve been considering leasing a car because I’d love to have a newer car.

@johns6559 2 жыл бұрын

Great explanation of leasing a car. Thanks. This was very helpful. Hope to use what I learned from you and put to practice soon

@Shakashack2022 3 ай бұрын

Hello. Curious, 2 yrs later, did this video help you at the dealership? Shopping now, tips to know? Thanks.

@kelseyszn8270 9 ай бұрын

This was very helpful and I’m glad you started from the very beginning on even the difference between lease and buying. Newly grad, no car buying experience and a woman on top of that, I fully expect for the dealerships to try to swindle me.

@Theegoaat 4 ай бұрын

Get a Tesla the price is set.

@formula1555 3 жыл бұрын

This helped me so much! Thanks Ryan.

@MsAalston 3 жыл бұрын

Thank you for this. You always provide valuable information.

@MsAalston 3 жыл бұрын

I took 2 pages of notes, I feel more confident leasing a vehicle

@crimzontides 2 жыл бұрын

Great educational video! Thank you

@thecasual4880 Жыл бұрын

My boy just update the year each year, great idea. It's also for people who know you're wasting your money on anything aside from a toyota or Honda but can't afford to buy, so you can lease whatever you want.

@thejazziest2212 3 жыл бұрын

This was super helpful!! Thank you!

@moowam1 2 жыл бұрын

I am not even in the US but found many of the pointers great in understanding how leasing works and whether it would work for me as I am living in a country different from my own. So clearly explained too - I was able to clean my kitchen as I listened to your video and I def learnt a lot... thanks

@thebobsmith1991 2 жыл бұрын

Please listen to it again while cleaning my kitchen 😆

@azjimmy 2 жыл бұрын

Good information. Liked the way you went over the whole process.

@marilynm9100 2 жыл бұрын

Thank you Ryan! Excellent! So helpful!

@edgenovese 3 жыл бұрын

This was the perfect video at the perfect time. Clear and easy to understand~ 1st time leaser... Great job!

@666dynomax 2 жыл бұрын

dont lease

@Shakashack2022 3 ай бұрын

Hello. Shopping now in 2024, in addition to his video, do you have new helpful tips? Thanks.

@elliyahuabramov1440 3 жыл бұрын

I’m only 15 years old getting my permit soon. This helped me a ton. Thank you

@TradingWithCJ 3 жыл бұрын

Starting early! Love that!

@Once800- 3 жыл бұрын

Good job.

@brotherjoll1802 3 жыл бұрын

crazy. kids be peaking young

@CraftyLemons 2 жыл бұрын

Learn to drive with an old Mazda miata or sum. Go to racetracks and pay money or find empty parking lots to just fuck around and do donuts and drift and learn to control your car. Like really learn to drive good and practice for a few years b4 getting something luxury and expensive. Open credit and build your miata a bit while you save up money for a few years. You'll be driving a m4 or sti or hellcat or something sweet while all your peers drive common volkswagons and civics and corollas lol. You'll be like 18 big pimpin my dude

@edwardmorris8141 3 жыл бұрын

Thank you so much...I took notes throughout the whole video!

@koko.mendez 2 жыл бұрын

I did too!

@karenfox2830 2 жыл бұрын

Very helpful, thx even though it was over my head in much of the info but I will explore a lot of your terms. Great job.

@str1vestream291 2 жыл бұрын

great information, thanks!

@fahdk6939 3 жыл бұрын

Great vid, very informative 👍🏼

@Nsuave11 2 жыл бұрын

Great video Man… I took notes and I feel more than equipped to go to my dealer to discuss my lease. Thank you so much for putting this together.

@nycohd4147 2 жыл бұрын

I’m only 4 minutes in bro and I appreciate you saying what you said I’m watching and paying attention full on 💪🏾

@LietSayri 2 жыл бұрын

That was so helpful. Thank you for this guide, it demystified an intimidating process for a new leaser!

@Shakashack2022 3 ай бұрын

Hello. Did you use his advice at the dealership? Shopping now, helpful tips? Thanks.

@dallasdandigitalproduction393 3 жыл бұрын

Nice job with this tutorial. Very easy to understand. Ive never leased , but now i feel a little better able to do so if i ever need to. Cheers...

@santhoshnaidu8444 2 жыл бұрын

Really good video. lot of information covered

@tonycadiz891 7 ай бұрын

The best video out there! Thanks

@rubenrubinos982 2 жыл бұрын

TY For All The Information. I wish I would have known this sooner.

@naveendutta 2 жыл бұрын

Great video, its very helpful

@wesjewell8778 Жыл бұрын

I’m 18 and looking to gather information on payments and leasing vehicles as I get older and grow my business. This helps the most! Great video

@Nedxr777 Ай бұрын

Here’s some free advice. NEVER borrow money to buy a car. NEVER !

@SandureKrovet 3 жыл бұрын

I only drive 17-35 miles to work, I think this will be a good option for me

@Kxngvici Жыл бұрын

Dude super good video!!

@jhfjhfkf 2 жыл бұрын

Great video, thank you!!

@manoklual1117 2 жыл бұрын

I’m 18 planning on leasing a car this video helps a lot and give me a better insight on leasing a car I really appreciate it💯

@sdp5368 2 жыл бұрын

Loved this video truly thank you

@restorethafeelin 2 жыл бұрын

Thank You! Very Helpful!

@damanyconde7385 Жыл бұрын

This was a great video bro thank you

@Caesar__99 2 жыл бұрын

This was beautiful. Thanks alot

@firstladyj1149 2 жыл бұрын

Thank You I Learned Something New Today 🦋

@djalixer 2 жыл бұрын

Thanks for posting

@paulamcneeley148 2 жыл бұрын

Thank you, our car broke down and usually we just rush out and buy something, since my husband hates car hunting. I was trying to see if leasing had any wiggle room on monthly payments. You gave me not only that answer but alot of other things I never understood or thought about dealing with leasing, verses buying. Thank you so very much.

@uhohhotdog Ай бұрын

So what did you decide

@monicaanderson3144 Жыл бұрын

I really loved how you broke things down . I gave me hope👍🏼

@robertlyon4804 8 ай бұрын

Great video young man. You have made up my mind about buying versus leasing . Thanks a lot.

@QueenV90z 3 жыл бұрын

Thanks for the video. My car lease is up soon and no idea what to get next.

@JoseGarcia-oo4mc 2 жыл бұрын

Excellent video thanks

@shawns717 Жыл бұрын

Thank you Ryan!

@danielyg6011 Жыл бұрын

Great video!

@bigjdm5460 2 жыл бұрын

have a great score, check the tier one money factor , hopefully the car has a solid residual. BUT IF ITS A CAR IN HIGH DEMAND AND INVENTORY IS LOW. YOUR NOT GETTING A DEAL PERIOD

@software-sage 2 жыл бұрын

Very informative video. Thank you Ryan.

@1986Mrmatrix 3 жыл бұрын

WE LOVE YOU RYAN👍👍👍👍

@Lizzie1070 8 ай бұрын

Thank you! Very helpful 🎉

@tarotwithlyramoon Жыл бұрын

Fantastic vid! Very helpful!!!

@andrewcha1528 3 жыл бұрын

New to lease and happy to find this amazing lecture. Worth thousands dollar. Thanks Ryan. Subscribed and see you in next 3 years lol

@lazstan 2 жыл бұрын

@andrew Cha....worth thousands.... To the dealerships profits

@AbdelFlix Жыл бұрын

@@lazstan please stop arguing, when what you're saying is false and you completely missed the point of the video!

@lovelyeyessee 2 жыл бұрын

thanks, watched video without distractions -as instructed. i feel i have a good starting point on this leasing business, now.

@sajaalgburi3479 3 жыл бұрын

Thanks a lot for making this video :)

@LM33333 6 ай бұрын

Thank you. Great video and so useful.

@juliamckennon111 Жыл бұрын

this video is going to help me save money and make the process much smoother! Thank you!

@ArrickthaRed 3 жыл бұрын

I lease all the time. This video was very helpful in preparing me for my next lease. The dealer doesn't stand a chance.

@liviamussi6444 3 жыл бұрын

So so so so soooooo helpful 🙌

@joesantos7196 3 жыл бұрын

Thank you Ryan. Very Informative and refresher video. I am about to lease another car for the 2nd time lol.

@deborahfisher2427 2 жыл бұрын

I'm looking to lease a Honda Civic this weekend. I am so happy I watched this video beforehand. Now I have a clearer understanding to guide me through the dealership experience!

@DanielCruz-js4oh 2 жыл бұрын

Did you get the civic ?

@deborahfisher2427 2 жыл бұрын

@@DanielCruz-js4oh Unfortunately I did not. I was oblivious to the current low supply/inventory crisis world. Thanks for checking.

@DanielCruz-js4oh 2 жыл бұрын

@@deborahfisher2427 We have 0 mark ups at the honda dealership where I work are you willing to do MSRP ?

@deborahfisher2427 2 жыл бұрын

@@DanielCruz-js4oh I think I will check again in the spring.

@DanielCruz-js4oh 2 жыл бұрын

@@deborahfisher2427 okay ,I work in sales in Findlay Honda Henderson if you want to do just MSRP.

@pcardenas1 2 жыл бұрын

Good video thank you 😊

@dariajakubowska3559 3 жыл бұрын

Very helpful. Thank u

@HeyMariahAnne 2 жыл бұрын

This is amazing 🙌🏼🙌🏼🙌🏼

@dexterfurman9118 2 жыл бұрын

Excellent video. Thanks.

@anthonynguyen5820 Жыл бұрын

What’s a great tutorial. Thanks

@BrooklynCashmere 2 жыл бұрын

Great information! Does this guide apply to a leasing for a business/TRAC leasing?

@Mac.6 3 жыл бұрын

Thanks Ryan !

@PH1M0 3 жыл бұрын

Great explanation 👏

@farrahsalazar7502 2 жыл бұрын

wow! this video was incredibly helpful! you shouldve taught all my college classes 😭

@kimp.e.8171 11 ай бұрын

Thanks, Ryan! You helped SO MUCH!

@RyanScribner 11 ай бұрын

Happy to help!

@karen4415 2 жыл бұрын

Best explanation ever, it will be my instruction for the next car 🤗

@tonypringle1851 2 жыл бұрын

Watching this video hoping to get a car here in the next few months currently don’t have a license. And just now about to start my second job to save more for it !! We got this y’all.

@vivamusic87 3 жыл бұрын

Thank you very much!!!❤️

@jayk8695 Жыл бұрын

Ryan this is absolutely worth the watch. I’ve learned so much and now feel I’m well informed. Thank you for the time you spent researching this for us!!! 👍🏼

@RyanScribner Жыл бұрын

Glad it was helpful!

@biagomes1864 9 ай бұрын

@@RyanScribnerWould love to know more about the buy-out please

@user-ty3dk7cd8e 11 ай бұрын

Best email about leasing! 👏🏻

@tommedvedich 2 жыл бұрын

man this was absolutely awesome. took so much confusion out of this! I've leased 2 vehicles basically blindly and i'm about to do my 3rd... but this time with some knowledge!

@gaunle6542 2 жыл бұрын

@Null nopee you will use alot of miles for that and leasing is not for high milage driving.

@Shunpall Жыл бұрын

Best video on car leasing so far! Thank you sir!!!

@RyanScribner Жыл бұрын

Very welcome!

@senthilsenthil8109 3 жыл бұрын

Great content! Thank you for this, Ryan! If you could add a little more guidance in shopping the insurance upsells, that will be great for newbies like me to gain an idea on the ballpark number that we should be spending on these.

@turkwendell6904 3 жыл бұрын

If you're talking about pothole insurance, paint stuff, limited damage, extended warranty and whatever else the dealership wants to throw in generally the answer is $0. Often your own insurance will cover those type of things and most of the time they're just needless money makers like VIN etching and what not. The exceptions IMO is when the offer has real value and was sincerely offered.

@pellis807 3 жыл бұрын

Zero down on a car purchase will usually always leave you upside down at the 3rd year of a 60m finance so that makes the zero down lease seem like a pretty good deal.

@rainbowbrightone9852 2 жыл бұрын

Im confused explain little more to me

@itskyley 2 жыл бұрын

can you explain?

@davidjondoh8671 Жыл бұрын

Great video Ryan. I was shocked to see that we share the same last name! All the best to you!

@RyanScribner Жыл бұрын

HAHA funny coincidence!

@HotDamnItsAdam 2 жыл бұрын

Great video

@thtdudenamdbilly 2 жыл бұрын

How do you use the calculator if you have a trade in with positive equity? I'm not sure how to reflect it.

@robertreeg8212 3 жыл бұрын

Thank you for your informative video. My leased 2018 Passat has a 6/72,000 warranty and only 19K miles on it. I was unsure if I should purchase it but now I think I will. The residual value is less than what that model is selling for, and the new model only have a 3/36 warranty, I'm better off keeping this one for less than $14K.

@veravero5715 3 жыл бұрын

How many months you are driving it, and how much was the payment? Thank you. Now they are asking for down payments...