What Is a Good Money Factor on a Car Lease?
Learn how to read a lease money factor, turn it into an APR-style rate, and spot a markup before you compare quotes.
Editorial support
Use these articles to explain the assumptions behind your payment estimate and the tradeoffs between leasing, financing, and insurance cost.
Learn how to read a lease money factor, turn it into an APR-style rate, and spot a markup before you compare quotes.
Compare leasing and buying by looking past the monthly payment: upfront cash, mileage, fees, total cost, and equity.
Understand lease residual value, why mileage changes it, and how it affects your monthly payment and lease-end buyout.