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How Do Leasing Companies Make Money? (AutoFlex)

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Anonymous
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How Do Leasing Companies Make Money? (AutoFlex)

I am considering working with AutoFlex leasing company but I always like to know what incentives are involved for the salesmen and the dealership before negotiating. From what I understand, the company is able to get lower prices due to bulk purchases and they are also able to find the lowest interest rates. Is there any truth to this? Is it likely that they make a profit from the interest rate as well as a profit margin on the car? I have never leased a car before so I do not fully understand what is in the deal financially for a traditional dealership, much less this type of arrangement.

 

Does anyone have any experience or advice in regards to dealing with companies like this?

 

http://www.autoflex.com/about-autoflex-leasing.html

Message 1 of 2
1 REPLY 1
Creditaddict
Legendary Contributor

Re: How Do Leasing Companies Make Money? (AutoFlex)

I have looked at swapalease and that has gone very populated by dealers and lease companies as you speak of... I Don't totally understand it either and walked away from speaking to them...

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