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Buying Or Leasing A Car Coalinga CA

Are you buying or leasing a car? Here is how to avoid getting ripped off!

Lithia Dodge of Fresno
(559) 431-4000
6162 N Blackstone Avenue
Fresno, CA
Services
Fuel Injection Repair,Radiator Repair,Tune up Repair,Auto Dealers

Kastner Pontiac Oldsmobile GMC Honda
(707) 252-4011
282 Soscol Avenue
Napa, CA
Services
Fuel Injection Repair,Radiator Repair,Tune up Repair,Auto Dealers

Team Pasadena Chevrolet
(626) 449-3333
3003 E Colorado Blvd
Pasadena, CA
Services
Clutch Repair,Fuel Injection Repair,Radiator Repair,Tune up Repair,Auto Dealers,Used Car Dealer

Performance Smog Inc
(209) 579-8378
1404 N Carpenter Road
Modesto, CA
Services
Auto Inspection,Emissions Testing,Auto Dealers

Toyota of North Hollywood
(818) 287-6109
4610 Lankershim Boulevard
North Hollywood, CA
Services
Clutch Repair,Van Dealers,Auto Dealers

Orange Empire Auto Center
(866) 873-8267
210 W Katella Avenue
Orange, CA
Services
Fuel Injection Repair,Radiator Repair,Service Stations,Tune up Repair,Auto Dealers

Turner Motors
(916) 488-2400
2535 Arden Way
Sacramento, CA
Services
SUV Repair,Auto Dealers,Used Car Dealer

Capistrano VW
(949) 493-4511
32922 Valle Road
San Juan Capistrano, CA
Services
Clutch Repair,Fuel Injection Repair,Radiator Repair,SUV Repair,Tune up Repair,Auto Dealers,Used Car Dealer

Hamer Toyota Inc
(818) 365-9621
11041 Sepulveda Blvd
Mission Hills, CA
Services
Auto Repair,Clutch Repair,Auto Dealers,Used Car Dealer

Air Conditioning Specialists
(510) 887-6201
2543 W Winton Avenue, # 5A
Hayward, CA
Services
AC and Heating Repair,Auto Dealers

Buying Or Leasing A Car

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Pop Quiz: What’s the “Money Factor?”
(A) One of the three pillars of capitalism
(B) The reason why your diet for the past week has consisted of ramen noodles and hot sauce
(C) A personal, financial attribute; as in, “He has the wow factor, but not the money factor.”
If you answered any of the above, then you may need to brush up on your car-buying and -leasing terminology. But don't fret. We’ve put together the ultimate crib notes to help you before you head to the dealership.

LEASING
Leasing: It’s the hottest option out there today, and it’s a great way to get behind the wheel of a brand-new car. The leasing world, however, has a language all its own. Here are some handy phrases and their translations.

Residual Value: The guaranteed value of the vehicle at lease end that is used to calculate the monthly payment of a lease. When buying or leasing a new vehicle, choose a make/model with a high residual value to help lower the lease payment.

Realized Value: The actual, fair-market value of a leased vehicle at the time of the scheduled termination of a lease. The realized value may be either the wholesale or retail value of the vehicle, as specified in the lease contract.

Money Factor: Also known as a lease factor, the money factor is the interest rate of a lease contract, expressed as a multiplier to calculate monthly payments. To convert a money factor to a percentage, multiply it by 2,400....


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