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What is a money factor on a car lease?

A money factor is the lease equivalent of an interest rate. It is expressed as a small decimal number (like 0.00125) rather than a percentage. To convert a money factor to an approximate APR, multiply it by 2,400. So a money factor of 0.00125 equals roughly 3% APR. The money factor determines the finance charge portion of your monthly lease payment.

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Joseph Ilg

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I had an absolutely amazing experience with David and Jess at Vantage Auto Group. They got me the exact car I wanted at the best possible price—and did it all within a day. The entire process was seamless, stress-free, and incredibly efficient. From start to finish, everything was handled with professionalism and transparency, and the delivery was so effortless it almost felt too easy. I couldn’t be happier and highly recommend!

I had an absolutely amazing experience with David and Jess at Vantage Auto Group. They got me the exact car I wanted at the best possible price—and did it all within a day. The entire process was seamless, stress-free, and incredibly efficient. From start to finish, everything was handled with professionalism and transparency, and the delivery was so effortless it almost felt too easy. I couldn’t be happier and highly recommend!

Melissa Salerno

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Sean and the Vantage Auto Group made the entire process seamless from start to finish — I can’t recommend them highly enough!!

Sean and the Vantage Auto Group made the entire process seamless from start to finish — I can’t recommend them highly enough!!

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Heymi helped with the whole procedure and was very kind

Heymi helped with the whole procedure and was very kind

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We purchased a 2026 Volvo through the Vantage Group. From the first contact with David every interaction was done with the utmost professionalism. David kept us up to date during our search which involved several changes. I thoroughly recommend this group and will tell my friends to take advantage of David and his group.

We purchased a 2026 Volvo through the Vantage Group. From the first contact with David every interaction was done with the utmost professionalism. David kept us up to date during our search which involved several changes. I thoroughly recommend this group and will tell my friends to take advantage of David and his group.

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David Goldstein and his team are great. He was always available and responsive whenever I voiced a concern. He was quick to answer questions, which was extremely helpful it making decisions as I did not need to wait long to connect with him. I highly recommend connecting with David the next time you are looking for a vehicle!

David Goldstein and his team are great. He was always available and responsive whenever I voiced a concern. He was quick to answer questions, which was extremely helpful it making decisions as I did not need to wait long to connect with him. I highly recommend connecting with David the next time you are looking for a vehicle!

Joseph Bestreich

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