Rent Factor
Rent factor, also known as the money factor, is a component of a vehicle lease payment that determines the monthly cost of financing the vehicle. It's expressed as a small decimal and multiplied by the vehicle's capitalized cost.
Rent factor, also known as the money factor, is a component of a vehicle lease payment that determines the monthly cost of financing the vehicle. It's expressed as a small decimal and multiplied by the vehicle's capitalized cost.