Current Money Factor

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Old Sep 19, 2001 | 10:26 PM
  #1  
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Cruisin'
 
Joined: Aug 2001
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Current Money Factor

I know what you're thinking. Why is this guy asking about money factor when his user name is GOT TLS. Well it like this, ever what something so bad you can taste it. So I picked my user name and then I'll get the car.

Now for the question: I am planning on getting the car this weekend at the earliest to the middle of Oct. at the latest. I was wondering since the Feds keep lowering interest rates what money factor/interest rate is American Honda giving out presently. Anybody out there who has just leased a car with excellent credit rating.

Thanks, for any help. Glen
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Old Sep 20, 2001 | 07:57 AM
  #2  
RAdams's Avatar
Three Wheelin'
 
Joined: Jul 2000
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From: South Florida
The lease on my former 2000 TL (acquired in January, 2000) was .0033. I traded it in for my 2002 TL-S in July, 2001 and got .0028.

I always request a copy of my credit report when the dealer runs it, so I know my beacon scores were 693 and 722, respectively, when I bought the cars.

Hope this helps and good luck!
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Old Sep 20, 2001 | 11:23 AM
  #3  
Pro
 
Joined: Mar 2001
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High credit score=Low money factor
Low credit score=High money factor

Get yourself a credit report before you go into the dealership.
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Old Sep 20, 2001 | 12:50 PM
  #4  
Steveb's Avatar
Instructor
 
Joined: Feb 2001
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Re: Current Money Factor

The money factor is negotiable.
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