Leasehackr is a website that uncovers the great possibilities of car leasing when done properly. We share examples of deals that are ambitious but certainly within the realm of possibility.
Our goal is to educate consumers so that they can go out and pursue approximations of these deals on their own. We strive to update our site to reflect new programs, incentives, and market conditions so that you’re kept abreast of the latest and best deals.
Check out the latest discussions happening over at Leasehackr Forum!
How are you sure these lease deals are real?
There are a number of variables that go into calculating a lease: namely, lease program data (residual value, money factor, and incentives) and the selling price. What Leasehackr does is simply combine lease program data with selling price data to come up with a hypothetical lease deal.
We do not guarantee that you will be able to lease a car for exactly the amount shown here. Leasehackr's hypothetical deals represent our best estimate of a “95th percentile deal” for a particular car. It’s a price that’s certainly possible, but not one that all dealers will honor, especially if they have limited inventory or already met their monthly sales goals. Furthermore, deals may vary based on region; Leasehackr is based out of Southern California.
By sharing all the components that go into a lease, we aim to empower the consumer so that they can calculate and evaluate any lease deal on their own. Users can adjust inputs including the selling price. Beyond that, Leasehackr's monthly estimate helps consumers compare the relative costs of leasing different cars, even if the exact lease payment were to vary slightly.
I’m a car dealer. By aggregating all this data together, are you trying to drive dealers out of business?
No. Leasehackr simply computes lease estimates based on selling prices that any number of existing dealers have promised to honor. It doesn’t matter to a dealer’s bottom line whether a customer leases a car or chooses traditional financing. The precise factors of a manufacturer’s lease program, which is what Leasehackr explores and highlights variations in, has no bearing on a dealer’s profit—it just drives demand.
Plus, car leasing inherently results in more volume because consumers are in the market for a new vehicle more frequently.
MEET THE TEAM
Unlike most sane people, Michael gets excited about car shopping. To him, it boils down to the intrigue of deciding which car to get, followed by the hunt for a great deal. (Perhaps unsurprisingly, he is the unofficial car matchmaker for friends and family.) Michael co-founded Leasehackr because there just wasn’t a site that explored car leasing in a useful and compelling way. He hopes Leasehackr will enable folks to discover the best vehicle for their needs and budget.
Ever since her car maintenance bills started piling up, Victoria has sworn by car leasing. Through Leasehackr, she hopes to make the seemingly daunting leasing process easier for everyone.
Milo, design officer
Milo hand-picked the color gold for Leasehackr because he believes it best represents his playful, cheerful, and golden personalities. Milo shares our passion for cars—he is always enthusiastic to jump into one because it always means going out to play.