Leasing terminology
- Is there negotiation after rebates
- Factory deals cost the dealer zero
- Factory sponsored has no effect
- Leasing terminology
- Closed end
- Open end
- Divide or multiply by 2400
- Acquisition, inception, termination
- Guaranteed resale value
- Capitalized cost
- residual
- sign and drive
- Wear and tear
- Annual mileage allowance
- Term is important