A simple Answer TO yOUr Question
Can the dealer mark up the money factor without telling me?
Yes. Unlike purchase loans where APR disclosure is required by law, lease money factors exist in a regulatory gray area. Dealers can and frequently do mark up the base money factor set by the leasing company. The markup goes directly to the dealer as additional profit. Always ask for the "buy rate" to see if there is a spread.
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The Smart Buyer's Guide to Leasing vs. Buying in 2026
Discover:
✓ When to lease vs. buy
✓ Hidden fees to watch for
✓ Tax benefits for business owners
✓ Current manufacturer incentives
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