The simple way to calculate your money factor is to multiply the quoted money factor by 2400. For example, if the money factor is 0.006, the Annual Percentage Rate will be (0.006) x 2400 = 14.4%. You ...
When it’s time to negotiate a lease on new car, few items appear quite as mysterious as the money factor. When it’s time to negotiate a lease on new car, few items appear quite as mysterious as the ...