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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!

Amador Motors
(209) 267-9420
11383 Prospect Drive
Jackson, CA
Services
Fuel Injection Repair,Radiator Repair,Tune up Repair,Auto Dealers

Precision Auto Sales
(209) 461-0101
811 E Weber Avenue
Stockton, CA
Services
Fuel Injection Repair,Radiator Repair,Tune up Repair,Auto Dealers,Used Car Dealer

Cerritos Dodge Chrysler Jeep
(888) 203-2095
18803 South Studebaker Rd
Cerritos, CA
Services
Auto Body Repair,Auto Repair,Auto Dealers,Used Car Dealer

Valley Hi Honda
(888) 255-4058
15710 Valley Pkwy
Victorville, CA
Services
Clutch Repair,Emissions Testing,Fuel Injection Repair,Mobile Auto Repair,Paintless Dent Repair,Radiator Repair,Truck Auto Body,Tune up Repair,Auto Dealers,Used Car Dealer

Beaumont Powersports LLC
(951) 845-4882
680 Beaumont Avenue
Beaumont, CA
Services
Motorcycle Fabrication,Auto Dealers

Monterey Peninsula Powersports
(831) 899-7433
1020 Auto Center Parkway
Seaside, CA
Services
Motorcycle Fabrication,Auto Dealers

Center Chevrolet
(909) 889-8561
1355 S E Street
San Bernardino, CA
Services
Alignment Repair,Clutch Repair,Emissions Testing,Radiator Repair,Truck Auto Body,Tune up Repair,Auto Dealers,Used Car Dealer

KMJ Auto Repair
(562) 925-8144
9351 Ramona St
Bellflower, CA
Services
Service Stations,Auto Dealers

Maita Ford Mercury
(530) 823-6591
1650 Grass Valley Highway
Auburn, CA
Services
Clutch Repair,Used Truck Dealer,Van Dealers,Auto Dealers

Senator Mazda
(916) 427-1234
3655 Florin Road
Sacramento, CA
Services
Clutch Repair,Fuel Injection Repair,Radiator Repair,Tune up Repair,Auto Dealers,Used Car Dealer

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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