Posts Tagged: money factor

What is a car lease Money factor?

Money Factor Explained: What It Means and Why It Matters When Leasing a Car When you’re leasing a vehicle, it’s easy to focus on monthly payments and ignore the finer details in the lease agreement. But one small number buried in the fine print can have a big impact on what you ultimately pay: the money factor. If you’ve ever seen a figure like .00125 on a lease contract and had no idea what it meant, you’re not alone. In this article, I’ll walk you through what the money factor … Read More