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Buying Or Leasing A Car Corcoran CA

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

Tulare Honda Sea Doo
(559) 686-4777
3809 N Mooney Boulevard
Tulare, CA
Services
Motorcycle Fabrication,Auto Dealers

Brian Rich Complete Auto Detail
(559) 679-7435
286 East Lynn Avenue
Tulare, CA
Hours
7 days a week, 24/7 by appointment only
Prices and/or Promotions
Car Detailing Service

Serpa Hyundai
(559) 582-2277
1990 Glendale Ave
Hanford, CA

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

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

Valley Ford Lincoln Mercury
(559) 584-5531
455 N 11th Avenue
Hanford, CA
Services
Auto Inspection,Clutch Repair,Emissions Testing,Radiator Repair,Tune up Repair,Auto Dealers,Used Car Dealer

Benny's Toyota Of Sanger
(559) 875-4596
1835 Glendale Ave
Hanford, CA

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Honda Generators and Pumps
(408) 245-7840
1289 West El Camino Real
Sunnyvale, CA
Services
Motorcycle Fabrication,Motorcycle Repair,Auto Dealers

Tiffany Motor Company
(831) 637-4461
300 Gateway Drive
Hollister, CA
Services
Clutch Repair,Fuel Injection Repair,Radiator Repair,SUV Repair,Tune up Repair,Auto Dealers

Dodge Sales and Service
(209) 956-1920
3333 Auto Center Circle
Stockton, CA
Services
Clutch Repair,Auto Dealers

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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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