Buying Or Leasing A Car Los Banos CA

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

Glory Auto Sales
(209) 854-9015
480 6th Ave
Gustine, CA

Data Provided by:
OTD Cycle Sports
(530) 885-7105
11905 Dry Creek Road, # 100
Auburn, CA
Services
Motorcycle Fabrication,Auto Dealers

Andres Car Stereo Center
(415) 731-8144
1634 Taraval Street
San Francisco, CA
Services
Audio and Video Installation,Auto Dealers

Fortuna Ford and Featherlite
(707) 725-6921
280 12th Street
Fortuna, CA
Services
Fuel Injection Repair,Radiator Repair,Truck Auto Body,Tune up Repair,Auto Trailer Dealers,Auto Dealers,Used Car Dealer

Honda Hospital
(650) 342-8480
330 S Claremont St
San Mateo, CA
Services
Brake Repair,Mobile Auto Repair,Tune up Repair,Auto Dealers

SAAB of Thousand Oaks
(818) 597-1300
3905 Auto Mall Drive
Westlake Village, CA
Services
Clutch Repair,Fuel Injection Repair,Radiator Repair,SUV Repair,Tune up Repair,Auto Dealers

Rio Vista Chevrolet
(805) 688-3231
390 E Highway 246
Buellton, CA
Services
Fuel Injection Repair,Radiator Repair,Tune up Repair,Auto Dealers,Used Car Dealer

Rusnak Westlake
(818) 991-6340
3832 E Thousand Oaks Boulevard
Thousand Oaks, CA
Services
Clutch Repair,Fuel Injection Repair,Radiator Repair,Tune up Repair,Auto Dealers

Team Pasadena Hummer
(626) 449-3333
3003 E Colorado Blvd
Pasadena, CA
Services
Clutch Repair,Fuel Injection Repair,Radiator Repair,Tune up Repair,Auto Dealers,Used Car Dealer

San Jose Scooter Center
(408) 295-0205
1886 W San Carlos Street
San Jose, CA
Services
Motorcycle Fabrication,Motorcycle Repair,Auto Dealers

Data Provided by:

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.