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Buying Or Leasing A Car Lemoore CA

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

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

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Rolls Royce Bentley
(805) 496-7216
3601 Auto Mall Drive
Thousand Oaks, CA
Services
Fuel Injection Repair,Radiator Repair,Tune up Repair,Auto Dealers

RV Volvo SAAB Service
(818) 244-1506
409 S Central Avenue
Glendale, CA
Services
Electrical Repair,RV and Camper Repair,Auto Dealers

Liberty Chevrolet
(559) 896-5000
2755 Auto Mall Drive B
Selma, CA
Services
Clutch Repair,Fuel Injection Repair,Radiator Repair,SUV Repair,Tune up Repair,Used Truck Dealer,Van Dealers,Auto Dealers

Cars 4 Less
(559) 867-6609
3131 W Mt Whitney Ave
Riverdale, CA

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Selma Auto Plaza
(559) 896-6600
3176 Highland Ave
Selma, CA

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

Tiffany Ford Mercury
(831) 637-4461
300 Gateway Drive
Hollister, CA
Services
AC and Heating 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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