» » »

Buying Or Leasing A Car Coalinga CA

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

W C Sanderson Ford
(707) 433-3318
453 Healdsburg Avenue
Healdsburg, CA
Services
AC and Heating Repair,Clutch Repair,Fuel Injection Repair,Radiator Repair,SUV Repair,Tune up Repair,Auto Dealers,Used Car Dealer

Oakhurst Auto Center
(559) 683-2277
40233 Enterprise Drive
Oakhurst, CA
Services
Fuel Injection Repair,Radiator Repair,Tune up Repair,Auto Dealers

Bugatti Beverly Hills
(310) 659-4050
8833 W Olympic Boulevard
Beverly Hills, CA
Services
Fuel Injection Repair,Radiator Repair,Tune up Repair,Auto Dealers

Saturn of Escondido
(760) 738-8500
859 N Broadway
Escondido, CA
Services
Fuel Injection Repair,Radiator Repair,Tune up Repair,Auto Dealers

Family Motors Bakersfield
(661) 834-5300
5300 Wible Road
Bakersfield, CA
Services
Clutch Repair,Fuel Injection Repair,Radiator Repair,Tune up Repair,Auto Dealers

Galpin Mazda
(818) 742-3800
15505 Roscoe Boulevard
North Hills, CA
Services
SUV Repair,Auto Dealers,Used Car Dealer

Roseville Lincoln Mercury
(916) 782-2185
1710 Douglas Boulevard
Roseville, CA
Services
Fuel Injection Repair,Radiator Repair,Tune up Repair,Auto Dealers

Thousand Oaks Honda
(805) 371-3000
2594 E Thousand Oaks Boulevard
Thousand Oaks, CA
Services
Motorcycle Fabrication,Auto Dealers

Porsche AUDI Mazda Oakland
(510) 893-7282
2560 Webster Street
Oakland, CA
Services
Clutch Repair,Fuel Injection Repair,Radiator Repair,Tune up Repair,Auto Dealers

Jessup Auto Plaza
(760) 328-9999
68111 E Palm Canyon Drive
Cathedral City, CA
Services
Clutch Repair,Fuel Injection Repair,Radiator Repair,Tune up Repair,Auto Dealers

Buying Or Leasing A Car

Provided by:

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....


Click here to read the rest of the article at YoungMoney.com.