Buying Or Leasing A Car Porterville CA

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

Monarch Ford
(559) 592-3800
132 N D Street
Exeter, CA
Services
Clutch Repair,Fuel Injection Repair,Radiator Repair,Tune up Repair,Auto Dealers,Used Car Dealer

Brian Rich Complete Auto Detail
(559) 679-7435
286 East Lynn Avenue
Tulare, CA
Hours
7 days a week, 24/7 by appointment only
Prices and/or Promotions
Car Detailing Service

Frahm Dodge
(951) 272-3110
2075 Hamner Ave
Norco, CA
Services
Clutch Repair,Fuel Injection Repair,Radiator Repair,Tune up Repair,Auto Dealers

Ideal Chevrolet Pontiac Buick
(760) 256-2438
1221 West Main Street
Barstow, CA
Services
Clutch Repair,Auto Dealers

Fullerton Toyota
(714) 879-6300
770 S Harbor Blvd
Fullerton, CA
Services
Clutch Repair,Fuel Injection Repair,Radiator Repair,SUV Repair,Tune up Repair,Auto Dealers

Tulare Honda Sea Doo
(559) 686-4777
3809 N Mooney Boulevard
Tulare, CA
Services
Motorcycle Fabrication,Auto Dealers

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

Norwalk Toyota and Scion
(562) 484-9096
11404 E Imperial Hwy
Norwalk, CA
Services
Clutch Repair,Auto Dealers,Used Car Dealer

Capistrano VW
(949) 493-4511
32922 Valle Road
San Juan Capistrano, CA
Services
Clutch Repair,Fuel Injection Repair,Radiator Repair,SUV Repair,Tune up Repair,Auto Dealers,Used Car Dealer

Jaguar Land Rover Mission Viejo
(866) 829-0565
28701 Marguerite Parkway
Mission Viejo, CA
Services
Fuel Injection Repair,Radiator Repair,Tune up Repair,Auto Dealers,Used Car Dealer

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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