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

Santa Barbara Nissan LLC
(805) 967-1130
425 S Kellogg Avenue
Goleta, CA
Services
Clutch Repair,Fuel Injection Repair,Radiator Repair,SUV Repair,Tune up Repair,Auto Dealers,Used Car Dealer

Mel Rappon Honda Inc
(916) 482-5400
3630 Fulton Avenue
Sacramento, CA
Services
Clutch Repair,Fuel Injection Repair,Radiator Repair,Truck Auto Body,Tune up Repair,Auto Dealers

Honda Peninsula Ducati
(650) 968-8743
1289 W El Camino Real
Mountain View, CA
Services
Motorcycle Fabrication,Auto Dealers

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

Tiffany Ford Mercury
(831) 637-4461
300 Gateway Drive
Hollister, CA
Services
AC and Heating Repair,Auto Dealers

Tiffany Motor Company
(831) 637-4461
300 Gateway Drive
Hollister, CA
Services
Clutch Repair,Fuel Injection Repair,Radiator Repair,SUV Repair,Tune up Repair,Auto Dealers

Fiesta Ford Lincoln Mercury
(800) 884-1076
78990 Varner Rd
Indio, CA
Services
Oil Change and Lube,Auto Repair,Clutch Repair,Retail Tire,Auto Dealers

McKenna VW
(877) 241-6357
18711 Beach Boulevard
Huntington Beach, 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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