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2. 5 costs to consider before leasing a car - AOL

   www.aol.com/5-costs-consider-leasing-car...

   For those seeking to lease a car, a good credit rating will help lower the money factor. To understand the money factor in terms of an annual percentage rate, or APR, multiply it by 2,400. For ...

3. How Much Does It Cost to Lease a Car?

   www.aol.com/much-does-cost-lease-car-202100151.html

   Learn more about the true cost of leasing a car and what you should be prepared to pay. ... Money Factor. The money factor is similar to the interest rate. The dealership will determine the money ...

4. Mistakes to avoid when leasing a car - AOL

   www.aol.com/finance/mistakes-avoid-leasing-car...

   Use an auto lease calculator to figure out whether leasing or buying a car will save you more money over the long haul. 7. Not considering lease-specific insurance requirements

5. Vehicle leasing - Wikipedia

   en.wikipedia.org/wiki/Vehicle_leasing

   Vehicle leasing is the leasing (or the use) of a motor vehicle for a fixed period of time at an agreed amount of money for the lease. It is commonly offered by dealers as an alternative to vehicle purchase but is widely used by businesses as a method of acquiring (or having the use of) vehicles for business, without the usually needed cash outlay.

6. Annual percentage rate - Wikipedia

   en.wikipedia.org/wiki/Annual_percentage_rate

   The APR can also be represented by a money factor (also known as the lease factor, lease rate, or factor). The money factor is usually given as a decimal, for example .0030. To find the equivalent APR, the money factor is multiplied by 2400. A money factor of .0030 is equivalent to a monthly interest rate of 0.6% and an APR of 7.2%. [14]

7. Car finance - Wikipedia

   en.wikipedia.org/wiki/Car_finance

   Over 85% of new cars and half of used cars are financed (as opposed to being paid for in a lump sum with cash). [2] Roughly 30% of new vehicles during the same time period were leased. [2] There are two primary methods of borrowing money to buy a car: direct and indirect. A direct loan is one that the borrower arranges with a lender directly.