The vocabulary of leasing
- Rebates and price
- Discounts by the factory
- Factory sponsored has no effect
- Interest rate vs factor
- Divide or multiply by 2400
- Current lease or trade
- So many advantages?
- Understand the terminology
- Acquisition, inception, termination
- Guaranteed resale value
- Capitalized cost
- residual
- sign and drive
- Open end
- Closed end
- Wear and tear
- Mileage counts
- Term is important
Check out this episode!
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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.