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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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Yamaha of Anaheim
(714) 563-1700
2120 S Anaheim Boulevard
Anaheim, CA
Services
Motorcycle Fabrication,Auto Dealers

Stevens Creek BMW
(800) 572-1627
4343 Stevens Creek Blvd
Santa Clara, CA
Services
Auto Parts,Clutch Repair,Speedometer 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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South County Chevrolet Geo
(408) 779-2136
17100 Laurel Road
Morgan Hill, CA
Services
Truck Auto Body,Truck Parts,Auto Dealers

Chevrolet Commercial and Medium Duty Trucks Sales and Service Wm L
(805) 524-0333
1024 West Ventura Street
Fillmore, CA
Services
Clutch Repair,Auto Dealers

Autowest Dodge Chrylser Jeep
(916) 782-1234
230 Automall Drive
Roseville, CA
Services
Clutch Repair,Fuel Injection Repair,Radiator Repair,Tune up Repair,Van Dealers,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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