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

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Browning Mazda
(888) 366-6018
18827 South Studebaker Rd
Cerritos, CA
Services
Auto Body Repair,Auto Repair,Clutch Repair,Auto Dealers,Used Car Dealer

Young Buick Pontiac Cadillac
(760) 745-4820
1515 Auto Park Way
Escondido, CA
Services
SUV 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

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

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

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Assael BMW
(626) 358-4269
1451 S Mountain Avenue
Monrovia, CA
Services
Engine Repair,Fuel Injection Repair,Radiator Repair,Tune up Repair,Auto Dealers

BMW Harding CO Specialists
(408) 286-8989
502 S 2nd Street
San Jose, CA
Services
Auto Inspection,Emissions Testing,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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