Summary of Can you negotiate a car lease price?
The video discusses whether it is possible to negotiate the price of a car lease. The main factors that make up a car lease price include the cost of the car, finance, VAT, lease terms, and broker admin fee. The cost of finance is not negotiable, but there are ways to potentially negotiate the broker admin fee. It is recommended to check and improve your credit score before considering a lease. Being flexible with options and colors can also help in getting a better deal. Using comparison sites like Lease Loco can help in finding the best deals and negotiating with brokers. It is advised to have realistic expectations and be respectful when negotiating with brokers. Additionally, it is important to consider annual mileage and excess mileage charges. Lastly, it is unlikely to negotiate on flash deals with already discounted prices. The key is to shop for the deal within your budget rather than a specific car model. The presenter recommends checking out a related video on shopping for deals.
Notable Quotes
— 07:17 — « its 1 80 a month more that got us leather seats got all-wheel drive got a better engine automatic gearbox... »
— 08:18 — « this looks good but I feel like it needs to be a little bit better because Im not quite happy at that price... »
— 11:16 — « think about your budget and what you can get for your budget rather than thinking about well I definitely want a midsize SUV... »
Category
Business and Finance