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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

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

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San Rafael Chevrolet
(415) 460-2000
2 Shoreline Parkway
San Rafael, CA
Services
Truck Service Station,Auto Dealers

Zumwalt Ford
(707) 963-2771
21 Main Street
Saint Helena, CA
Services
Fuel Injection Repair,Radiator Repair,SUV Repair,Tune up Repair,Auto Dealers,Used Car Dealer

Orange Empire Auto Center
(866) 873-8267
210 W Katella Avenue
Orange, CA
Services
Fuel Injection Repair,Radiator Repair,Service Stations,Tune up Repair,Auto Dealers

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

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

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Butts Pontiac Cad Jeep Eagle
(831) 394-6741
4 Heitzinger Plaza
Seaside, CA
Services
Radiator Repair,Tune up Repair,Van Dealers,Auto Dealers

Marina Del Rey Toyota
(310) 821-8979
4636 Lincoln Boulevard
Marina Del Rey, CA
Services
Alignment Repair,Fuel Injection Repair,Radiator Repair,Service Stations,Tune up Repair,Auto Dealers,Used Car Dealer

Mistlin Honda Automobiles
(209) 549-5000
4754 McHenry Avenue
Modesto, CA
Services
Radiator Repair,Tune up 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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