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