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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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Turner Volvo
(916) 488-2400
2535 Arden Way
Sacramento, CA
Services
Clutch Repair,Fuel Injection Repair,Radiator Repair,SUV Repair,Tune up Repair,Auto Dealers,Used Car Dealer

John L Sullivan Chevrolet
(916) 782-1243
700 Automall Drive
Roseville, CA
Services
SUV Repair,Auto Dealers

Fremont Land Rover
(800) 521-3804
5701 Cushing Parkway
Fremont, CA
Services
Auto Parts,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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KIA of Murrieta
(951) 696-7829
24700 Madison Avenue
Murrieta, CA
Services
Fuel Injection Repair,Radiator Repair,Tune up Repair,Auto Dealers,Used Car Dealer

Coelhos Body Repair and Sales
(510) 490-2495
45323 Industrial Pl, #2
Fremont, CA
Services
Fuel Injection Repair,Tune up Repair,Auto Dealers,Used Car Dealer

J Spec Honda Motors
(661) 833-6428
4609 New Horizon Boulevard, # 10
Bakersfield, CA
Services
Engine 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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