Money Factors

cliffy96cliffy96 Member Posts: 31
edited September 2019 in Land Rover
Where does Edmunds get their Money Factor for the various mfg / models/ etc...?

The rates I see quoted on here are very low compared to what the dealers are reporting.

Is it just a question of asking the dealers to match Edmunds figure or is there another lending source that Edmunds is using?

Comments

  • kyfdxkyfdx Moderator Posts: 248,852
    cliffy96 said:

    Where does Edmunds get their Money Factor for the various mfg / models/ etc...?

    The rates I see quoted on here are very low compared to what the dealers are reporting.

    Is it just a question of asking the dealers to match Edmunds figure or is there another lending source that Edmunds is using?

    Our numbers are from JLR Finance (aka Chase Bank)

    LR dealers are notorious for marking up the money factor (by a lot)

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  • cliffy96cliffy96 Member Posts: 31
    tell me about it. You quoted .00001 Dealer offered .00095
  • MichaellMichaell Moderator Posts: 248,724
    cliffy96 said:

    tell me about it. You quoted .00001 Dealer offered .00095

    Sadly, pretty typical.

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