| Title | : | CarVice : What is a Money Factor on a lease? And how to calculate it into APR |
| Lasting | : | 3.31 |
| Date of publication | : | |
| Views | : | 9,1 rb |
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Thank you! Awesome clear explanation Comment from : @1simhon |
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Can you please do this video over again with a much darker marker, such as the dark one you use for the title of your chalkboard thank you Comment from : @gm1937 |
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so on a lease, you only pay interest on the depreciating value, and not on the total car value? so if a money factor is 00022 (meaning, 52 APR), that means I would pay that interest only on the depreciation of the car? Comment from : @MrQwerty71770 |
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The ques Is what is the formula for the Money factor? It's out there Check capital one Comment from : @MB-gd6be |
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Don’t you pay MF on residual and cap rate Comment from : @thelemusteam |
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Your video was excellent Two considerations for improvement are volume and visual Consider increasing volume before upload to You Tube Consider wide tip black marker permanent on back of a poster or book cover Comment from : @2023Red |
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need mic fella Comment from : @waxmanvids5015 |
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Very helpful video; thank you for simplifying/demistifying money factor Comment from : @Niviatab |
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Money factor isnt what it seems If you do the calc on total interest $ paid on a lease, it by no means equates to what most understand an APR to work out to Comment from : @khenrico |
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why 2400? Comment from : @TheJPinder |
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Thanks for ur video! Very clear!! Totally made sense Comment from : @diem8213 |
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How can you calculate on your own what the money factor is What is the formula? Comment from : @ori_siddity |
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