5. The money factor (or lease rate or lease factor) measures the rent charge portion of your...

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5. The money factor (or lease rate or lease factor) measures the rent charge portion of your payment. Although the money factor is sometimes described by dealers as a figure for comparing leases, lease forms must carry the following disclosure about the money factor: “This percentage may not measure the overall cost of financing this lease.”

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Personal Finance

ISBN: 9780618938735

9th Edition

Authors: E. Thomas Garman, Raymond Forgue

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