Complimentary NY Metro Delivery + Total Loss Protection Available • See How It Works

Just Text Us

(201) 815-8216

Is a lower money factor always better?

Yes, all else being equal. A lower money factor means a lower finance charge, which reduces your monthly payment. However, sometimes a manufacturer offers a low money factor but has a lower residual value on the same vehicle, or vice versa. The best lease deal optimizes both money factor and residual value together, not just one in isolation.

See all FAQs