The vocabulary of leasing

Posted on December 5, 2019 by Geoffrey Jerome

The vocabulary of leasing

  1. Rebates and price
  2. Discounts by the factory
  3. Factory sponsored has no effect
  4. Interest rate vs factor
  5. Divide or multiply by 2400
  6. Current lease or trade
  7. So many advantages?
  8. Understand the terminology
  9. Acquisition, inception, termination
  10. Guaranteed resale value
  11. Capitalized cost
  12. residual
  13. sign and drive
  14. Open end
  15. Closed end
  16. Wear and tear
  17. Mileage counts
  18. Term is important

Check out this episode!

About Geoffrey Jerome

I am a 35 year veteran of the automobile and motorcycle industry, author of seven books, soon to be nine, Both fiction and nonfiction. I have three super kids, actually adults, and a wonderful Jack Russell Terrier named Lucy Lynn. I am Formerly from upstate New York, Ithaca. I ride a Harley, like photography, technology and I know climate change is the worlds biggest problem.
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