What is a good money factor for a $58k sales price, 36mo lease for an 830 credit score?
The MF is only one component of the lease cost, and will not by itself make a deal good or bad.
It doesn’t tell you anything on its own.
Money factor is unique to every model (and usually trim) and is updated on a monthly basis by the bank.
You have to look up the available money factor of the vehicle you are interested in
There are lots of vehicles with very high money factors regardless of credit so your 830 credit score doesn’t mean anything besides you qualifying for Tier 1 for whatever the bank published for the month on that specific model
where can I look this up?
understood. Just trying to find out if I am getting a good MF and if that a point I can use to negotiate the deal I want
What’s the make, model and trim?
You either want buy rate (set by the lessor) or if it’s marked up (markup is capped by the lessor) you want a larger discount to end up with the same deal.
I paid a rate markup (20 bps iirc) on my BMW, and I’d do it again for a discount like that.
A MF by itself isn’t good or bad. The deal is.
OP - and year?
10char
You can look up the buy rate MF by becoming a Super Supporter here and using Ratefindr or by asking on the appropriate Edmunds forum.