Turn On Number Lease For Free

How does this program work if I am shopping in a Best Buy store? It's easy. You simply shop at a participating Best Buy store and complete the lease application with a Blue Shirt. Once approved, you will work with the Blue Shirt to select your item(s) and sign the lease.

2400 is the product of 3 consecutive conversion (1/2 * 1/12 * 1/100) to convert from an interest rate to a money factor. 6/2400 = Money factor of 0.0025 which can be multiplied against the total amount being borrowed to know what the monthly interest would roughly equal.

The lower the money factor, the less interest you'll pay over your lease term. Generally, a money factor of 0.0025 and below (the equivalent of 6% APR) is considered a good rate.

Example of Lease Rate Calculation Thus lease term set is three years, or monthly payments are required for 36 months. If the current interest rate is 5%, the lease rate factor is calculated as (0.05/36) or 0.0014.

Dealers should instruct customers to contact the Chrysler Capital Allegiance Team at 855.383. 0558 to request a lease maturity date extension. * IMPORTANT NOTE: We recommend lessees take extensions in 30 or 60-day increments and add another extension if needed.

Negotiate the terms of your lease To be the best negotiator, check current pricing on sites like Kelley Blue Book and remember to negotiate more than just price. A good lease deal is one that will leave you paying as little over the lifetime of the loan as possible ? initial down payment included.

The residual value percentage rate represents the amount the lessor expects the vehicle to be worth at the end of the lease. Most vehicles are about 50 to 60 percent of their original MSRPs at the end of the lease term.

Generally, a money factor of 0.0025 and below (the equivalent of 6% APR) is considered a good rate.