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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!

Honda Service Center
(310) 782-7200
2280 Crenshaw Boulevard
Torrance, CA
Services
Truck Auto Body,Van Dealers,Auto Dealers

Neftin Westlake Volkswagen Mazda
(800) 797-7773
3550 Auto Mall Dr
Westlake Village, CA
Services
Clutch Repair,Auto Dealers,Used Car Dealer

Shaver Pontiac Jeep Eagle
(805) 496-7103
3888 E Thousand Oaks Blvd
Thousand Oaks, CA
Services
Clutch Repair,Auto Dealers,Used Car Dealer

San Joaquin Automotive Center
(661) 763-1123
531 Center Street
Taft, CA
Services
Clutch Repair,Fuel Injection Repair,Radiator Repair,Tune up Repair,Auto Dealers

Rydell Cadillac
(818) 885-2500
8400 Reseda Boulevard
Northridge, CA
Services
Fuel Injection Repair,Radiator Repair,Tune up Repair,Auto Dealers,Used Car Dealer

My Kia
(831) 444-8888
222 Auto Center Circle
Salinas, CA
Services
SUV Repair,Van Dealers,Auto Dealers

Prestige Acura
(707) 578-1300
2800 Corby Avenue
Santa Rosa, CA
Services
Clutch Repair,SUV Repair,Auto Dealers,Used Car Dealer

Yamaha of El Cajon
(619) 442-3339
315 N Magnolia Avenue
El Cajon, CA
Services
Motorcycle Fabrication,Motorcycle Repair,Auto Dealers

Mini Cooper Niello
(916) 483-6464
2020 Fulton Avenue
Sacramento, CA
Services
Fuel Injection Repair,Radiator Repair,Tune up Repair,Van Dealers,Auto Dealers

Autowest Dodge Chrysler Honda
(510) 445-5300
5780 Cushing Parkway
Fremont, CA
Services
Clutch Repair,Fuel Injection Repair,Radiator Repair,SUV Repair,Tune up 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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