What is a Money Factor?

January 29th, 2020 by
woman with calculator

During your shopping experience, you might feel overwhelmed by the number of options you have to choose from for purchasing a vehicle. Do you want to pay cash? Would you rather finance? Have you ever considered leasing? The list goes on and on. One term that you might have come across but aren’t clear on…

Posted in Finance Blog

Where Do I Begin the Process of Trading in a Vehicle?

January 29th, 2020 by
TCTSalesperson3

Buying or leasing a vehicle can be an overwhelming process, especially if it’s your first time. From researching the hundreds of options to preparing your finances, a lot must be considered for such a big investment and lifestyle purchase. And, of course, getting any help in paying for your shiny new vehicle is always a…

Posted in Finance Blog

Why is an APR used as opposed to a Money Factor?

December 17th, 2019 by
calculator3

You finally found it: The Hands-Down Most Perfect Car Ever with all the bells and whistles you could ask for! You’re already dreaming about trips to the beach, bumping that sound system, and feeling like a beast on the road then… BAM! Reality hits, and you realize you have some major research to do before…

Posted in Finance Blog
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42.3056 -71.525168
Jim Coleman Auto Group 42.3056, -71.525168.