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Buying Or Leasing A Car Merced CA

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

Razzari Nissan
(209) 383-0100
1675 Auto Center Drive
Merced, CA
Services
Radiator Repair,Tune up Repair,Auto Dealers

Martinez Used Cars
(209) 394-3998
1290 Court St
Livingston, CA

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Roseville Lincoln Mercury
(916) 782-2185
1710 Douglas Boulevard
Roseville, CA
Services
Fuel Injection Repair,Radiator Repair,Tune up Repair,Auto Dealers

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

Saturn of the Valley
(818) 778-2943
15505 Roscoe Boulevard
North Hills, CA
Services
Fuel Injection Repair,Radiator Repair,Tune up Repair,Auto Dealers,Used Car Dealer

Merced Toyota
(209) 725-9000
1400 Auto Center Dr
Merced, CA

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Lupitas Auto Sales
(209) 394-3448
2235 F Street
Livingston, CA

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Crystal Chrysler Center
(760) 324-4557
36444 Auto Park Drive
Cathedral City, CA
Services
Auto Inspection,Emissions Testing,Auto Dealers

A Honda Service Honda of Escondido
(760) 737-3250
1700 Auto Park Way North
Escondido, CA
Services
Electrical Repair,Speedometer Repair,Tune up Repair,Auto Dealers

Perry Jeep
(805) 544-5200
12200 Los Osos Road Highwa
San Luis Obispo, CA
Services
Truck Auto Body,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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