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JFERR · 01-01-2007, 06:42 AM

The money factor is a number used to calculate the interest rate. This is a number supplied by the finance company. The interest rate is what's important.

Leasing is good for cash flow.

Example: I leased a $34K car for three years, but will only pay $15K and I don't have to worry about selling the car later. This is a secondary car for bad weather.

J. Paul Getty once said "I don't buy things that depreciate."

01-01-2007, 06:42 AM	#8
JFERR Registered User Join Date: Nov 2006 Location: NEW ENGLAND Posts: 58	The money factor is a number used to calculate the interest rate. This is a number supplied by the finance company. The interest rate is what's important. Leasing is good for cash flow. Example: I leased a $34K car for three years, but will only pay $15K and I don't have to worry about selling the car later. This is a secondary car for bad weather. J. Paul Getty once said "I don't buy things that depreciate." __________________ JFERRhttp: Only problem with a Porsche is the traffic.