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The money factor.............. Posted by andy [Email] (#759) [Profile/Gallery] (more from andy) on Sat, 31 Jul 2004 16:48:26 In Reply to: Cut you Saab salesperson some slack......, Mike Lynch [Profile/Gallery] , Fri, 30 Jul 2004 14:56:46 Members do not see ads below this line. - Help Keep This Site Online - Signup |
How come every time I ask a salesman what the interest rate is on a loan or lease, they quote a money factor, which seems to be interest rate per $1,000 borrowed per Month. They can never, or will never, answer that question straight on. Do they really know and won't tell, or do they not know and you have to not pay attention to that man behind the curtain, the business manager?
C'mon, you guys know.
posted by 207.44.13...
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