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What is the money factor on an EV lease?

The money factor is the lease equivalent of an interest rate, expressed as a small decimal like 0.0010. Multiply it by 2,400 to convert to an approximate APR. A lower money factor means lower monthly payments.

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What Our Customers Say

People come for the number. They stay for how easy we make it.

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HIGHLY RECOMMEND giving Vantage Auto Group a shot — you won’t be disappointed!!Words like “trustworthy” and “transparent” don’t usually come to mind when people think of car brokers or car salesmen… but Vantage Auto is changing that. They’re redefining the standard and restoring trust in this industry by proving that good, honest people still exist in the car business.They’re easy to deal with, efficient, communicative, and just all-around FAIR and GREAT to work with!

HIGHLY RECOMMEND giving Vantage Auto Group a shot — you won’t be disappointed!!Words like “trustworthy” and “transparent” don’t usually come to mind when people think of car brokers or car salesmen… but Vantage Auto is changing that. They’re redefining the standard and restoring trust in this industry by proving that good, honest people still exist in the car business.They’re easy to deal with, efficient, communicative, and just all-around FAIR and GREAT to work with!

Jacob Stoehr

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This is a GREAT firm! Sean and his team are the best! I shopped for a long time and could not make up my mind. Sean had incredible patience with me despite my waffling back and forth. When I finally decided, it was completely painless. By far the most painless car buying I have ever done. No dealer nonsense, no games. I got a great price with no aggravation. They will deliver the car if thats what you want. Sean and his team are super flexible and accommodating. Would not hesitate to use them again.
This is a GREAT firm! Sean and his team are the best! I shopped for a long time and could not make up my mind. Sean had incredible patience with me despite my waffling back and forth. When I finally decided, it was completely painless. By far the most painless car buying I have ever done. No dealer nonsense, no games. I got a great price with no aggravation. They will deliver the car if thats what you want. Sean and his team are super flexible and accommodating. Would not hesitate to use them again.

JW P

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Sean and the team from Vantage Auto made the car buying seamless.
Sean and the team from Vantage Auto made the car buying seamless.

MJ Cestone

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Deborah went out of her way to help us and took our needs into account. We are very happy with the car Deborah found for us and thought we would like. . . . and she was right!
Deborah went out of her way to help us and took our needs into account. We are very happy with the car Deborah found for us and thought we would like. . . . and she was right!

B Hirschman

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I’ve had multiple transactions with this dealership and every experience has been excellent. The team is professional, responsive, and consistently follows through on everything they promise. From the initial conversation to delivery and post-sale support, the process has always been smooth and transparent. It’s clear they value long-term relationships, not just one-time sales. I will continue to come back because I trust them
I’ve had multiple transactions with this dealership and every experience has been excellent. The team is professional, responsive, and consistently follows through on everything they promise. From the initial conversation to delivery and post-sale support, the process has always been smooth and transparent. It’s clear they value long-term relationships, not just one-time sales. I will continue to come back because I trust them

Mike Liloia

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Makes buying a car easy and hassle free.

Makes buying a car easy and hassle free.

Stefani Klaskow

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Easy to work with, responsive and made the whole experience worthwhile. I would recommend to anyone to go through Mark and the Vantage team

Easy to work with, responsive and made the whole experience worthwhile. I would recommend to anyone to go through Mark and the Vantage team

Brian Dorney

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Had an Amazing experience with Vantage Auto Group & David Alessio! This was the first time using them. I didn’t have a clear Idea of a car we wanted but needed to stay inside a budget. I was referred by a friend to not waste my time with going to multiple dealership to play the negotiating games. David gave us some recommendations, did some pricing and then came back with an amazing find and deal right under budget. 24 hours later they delivered the car, I signed the paperwork & everything was seamless. They returned my old lease and plates to DMV. Door to door service with no hassle or dealership games. Will def use again in the future! Thank you again!

Had an Amazing experience with Vantage Auto Group & David Alessio! This was the first time using them. I didn’t have a clear Idea of a car we wanted but needed to stay inside a budget. I was referred by a friend to not waste my time with going to multiple dealership to play the negotiating games. David gave us some recommendations, did some pricing and then came back with an amazing find and deal right under budget. 24 hours later they delivered the car, I signed the paperwork & everything was seamless. They returned my old lease and plates to DMV. Door to door service with no hassle or dealership games. Will def use again in the future! Thank you again!

frank farella

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Excellent service!! Made the process of finding and leasing a car effortless! Third time using David. Thanks for everything!!
Excellent service!! Made the process of finding and leasing a car effortless! Third time using David. Thanks for everything!!

Stacy Sackett

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