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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

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I had an amazing experience working with Mark Viegas! He helped me get a leased vehicle without ever having to step foot in a dealership. Mark handled all the negotiations, worked within my down payment and monthly budget, and made the entire process stress-free. The best part — he even had the car delivered right to my home! I couldn’t be happier with how smooth and easy everything was. Highly recommend Mark if you want a professional who truly takes care of everything from start to finish.

I had an amazing experience working with Mark Viegas! He helped me get a leased vehicle without ever having to step foot in a dealership. Mark handled all the negotiations, worked within my down payment and monthly budget, and made the entire process stress-free. The best part — he even had the car delivered right to my home! I couldn’t be happier with how smooth and easy everything was. Highly recommend Mark if you want a professional who truly takes care of everything from start to finish.

Jessica

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Working with Vantage was an awesome experience. They walked me through every step and made me feel like their top priority! They even returned my EZpass device that I had mistakenly left in my trade-in. I didn’t even know this industry existed prior to working with them, but I will never walk into a dealership to buy a car again, thanks to the amazing service Vantage provided. Highly recommend!

Working with Vantage was an awesome experience. They walked me through every step and made me feel like their top priority! They even returned my EZpass device that I had mistakenly left in my trade-in. I didn’t even know this industry existed prior to working with them, but I will never walk into a dealership to buy a car again, thanks to the amazing service Vantage provided. Highly recommend!

PJ Jones

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Highly recommended for their professionalism, keeping me updated and helping me find the exact car I wanted. The customer service is second to none. Vantage Auto I can't thank you enough for going the extra mile to make me one happy customer.
Highly recommended for their professionalism, keeping me updated and helping me find the exact car I wanted. The customer service is second to none. Vantage Auto I can't thank you enough for going the extra mile to make me one happy customer.

Rita Gutman

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This is what buying a car should be! Not only did I get the best deal, but I was able to do it all on my time. They are fair, honest, and provide a level of service that you do not get in traditional car buying. My trade-in was picked up from my driveway, and my new car was delivered. No hassle. I highly recommend Dave and his incredible team!!
This is what buying a car should be! Not only did I get the best deal, but I was able to do it all on my time. They are fair, honest, and provide a level of service that you do not get in traditional car buying. My trade-in was picked up from my driveway, and my new car was delivered. No hassle. I highly recommend Dave and his incredible team!!

Alan Poller

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Front view of three luxury SUVs in blue, silver, and black, positioned side by side with the blue vehicle centered.
Vantage Auto Group is the best! They were supper helpful and made the process so easy. Will totally use them again and tell others!
Vantage Auto Group is the best! They were supper helpful and made the process so easy. Will totally use them again and tell others!

Todd Hergenhan

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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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Front view of three luxury SUVs in blue, silver, and black, positioned side by side with the blue vehicle centered.

Had the absolute smoothest and informative process working with David. He got me an excellent price well within was I was hoping spend after a dealer quoted me WAY more. Appreciate him and his team so much for making this process not stressful at all. Anyone looking to buy a car, use Vantage!!

Had the absolute smoothest and informative process working with David. He got me an excellent price well within was I was hoping spend after a dealer quoted me WAY more. Appreciate him and his team so much for making this process not stressful at all. Anyone looking to buy a car, use Vantage!!

Corinne Antonelli

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Sarah was great! She really helped us get into the exact car we were looking for. I was shocked how fast and seamless the whole process went. Would recommend her to anyone looking for a new car.

Sarah was great! She really helped us get into the exact car we were looking for. I was shocked how fast and seamless the whole process went. Would recommend her to anyone looking for a new car.

Jeff Freitag

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Front view of three luxury SUVs in blue, silver, and black, positioned side by side with the blue vehicle centered.
Debbie is a lifesaver. She took the time to understand my situation and helped me figure out how to extend my lease, something no dealership had explained to me. What stood out most was that she helped me purely out of genuine kindness, even after realizing I wouldn’t be able to give her any business right now. Because of her guidance, I was able to solve my problem by extending my current lease. If I hadn’t spoken to Debbie, I would have never known this was even an option. She truly restored my faith in people. I’ll absolutely be sending friends her way, and when I’m ready to get another car in a few months, she’s the only person I’ll go to.
Debbie is a lifesaver. She took the time to understand my situation and helped me figure out how to extend my lease, something no dealership had explained to me. What stood out most was that she helped me purely out of genuine kindness, even after realizing I wouldn’t be able to give her any business right now. Because of her guidance, I was able to solve my problem by extending my current lease. If I hadn’t spoken to Debbie, I would have never known this was even an option. She truly restored my faith in people. I’ll absolutely be sending friends her way, and when I’m ready to get another car in a few months, she’s the only person I’ll go to.

Jinal Shah

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