- Joined
- 19 April 2001
- Messages
- 511
I have seen sites that offer new car leasing with money factors in the .002 range (which is about 4.8%).
I'm looking at a used car at a dealership but they won't go lower than .0039 money factor (which is about 9.36%) on a lease claiming it's b/c it's used. I understand the used car money factor will be more than new but that seems really high.
BTW...my credit union finances at 4.75% for 72 months which is great but this car has a really high residual so if I can find a bank that will offer me a reasonable money factor on a used car, I'd rather do that.
Know of any banks that do used car leasing?
I'm looking at a used car at a dealership but they won't go lower than .0039 money factor (which is about 9.36%) on a lease claiming it's b/c it's used. I understand the used car money factor will be more than new but that seems really high.
BTW...my credit union finances at 4.75% for 72 months which is great but this car has a really high residual so if I can find a bank that will offer me a reasonable money factor on a used car, I'd rather do that.
Know of any banks that do used car leasing?
