Learn the deal

Plain-language explainers for the numbers on a car deal. General education — not advice about a specific contract.

The Deal Sticker

A Deal Sticker is a plain-language summary of what a deal actually costs — a nutrition label for a lease or loan.

  • True all-in monthly = the payment plus every upfront dollar spread across the term.
  • Due at signing should be itemized: first payment, taxes, acquisition fee, DMV, doc fee — not one round number.
  • In New York, sales tax on a lease is charged on the whole lease up front, not added to each monthly payment.

The money factor

The money factor is the financing rate on a lease, written as a tiny decimal.

  • Multiply the money factor by 2400 to get the rough APR equivalent (0.0017 ≈ 4.1%).
  • There's a 'buy rate' from the lender and a marked-up rate the dealer may quote — ask which you're getting.
  • A move of 0.0004 is roughly $20 a month on a typical deal.

Fees & add-ons

Some fees are standard; others are padding.

  • Standard: acquisition fee, documentation fee, DMV/registration, disposition fee at lease-end.
  • Often padding: dealer add-ons like nitrogen fill, cross rails, trays, mats, and 'kits.'
  • Every add-on also raises the taxable amount, so junk costs more than its sticker price.

These are general explainers, not advice about any specific deal or contract.

Want the whole playbook?

These lessons grow into a full course — The Worksheet, Decoded — being built now by Patty in both languages.

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