Dealers don't usually volunteer it, but you can just ask your salesperson for the money factor. Take the number and multiply by 2400 to get the interest rate. M

Dealers don't usually volunteer it, but you can just ask your salesperson for the money factor. Take the number and multiply by 2400 to get the interest rate. My current lease rate is 0.75%, while the interest rate on a loan would've been 1.9%. The lease worked out to be cheaper than buying. Some car companies also have a multiple security deposit discount that lets you further reduce the money factor by a significant amount.