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Buying Or Leasing A Car Jamaica NY

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

Soleil Auto Sale
91-15 139TH STREET
Jamaica, NY
 
Taylor Auto Sales
104-21 MERRICK BLV
Jamaica, NY
 
Motorsports Auto Sales
133-01 LEFFERTS BLVD
So Ozone Park, NY
 
Reyes Auto Sales
137-29 243 ST
Rosedale, NY
 
HB Chevrolet
(718) 263-7700
105-20 Queens Blvd
Forest Hills, NY
Services
Clutch Repair,Radiator Repair,Tune up Repair,Used Car Dealers,Auto Dealers

Dawns Auto Sales Ltd
139 23 QUEENS BLVD
Jamaica, NY
 
Pro Auto Sales & Leasing Corp
160-23 ROCKAWAY BLVD
Jamaica, NY
 
Coba Auto Sales
94-05 86 ST
Ozone Park, NY
 
Economic Auto Sales Inc
112-45 SPRINGFLD BLV
Queens Village, NY
 
O&M Auto Sales Inc
59-50 DECATUR ST
Ridgewood, NY
 

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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