Cheap car leasing is definitely an option worthy of pursuing. “What should I find out about car lease deals?” It’s likely you have this question running through your mind every so often. At no time in recent history have individuals and business owners had the opportunity to take advantage of these kinds of various specials. …
Here’s a quick video tutorial on how to use the car lease calculator to evaluate the best lease deals: It’s an easy tool to calculate your lease payment on the spot. Click here to use the car lease calculator.
Some car leasers often wonder whether there is some sort of interest being paid on their monthly lease payments. Technically speaking, there is no “interest” on leasing a car, but that’s only because dealers use a different term for interest or interest rates when it comes to car leasing. You see, for financing the purchase …
The rent charge on a car lease refers to the total sum of finance charges that the lessee will pay over the entire term of the car lease. The rent charge is also known as the “lease charge” and it is one of the three components of what is paid for over the term of …
The difference between the gross capitalized cost and the MSRP has to do with two things. The first is pricing and the second is the actual price that is used to come up with the monthly lease payment. The MSRP, or the “sticker price” is the price that you’ll find printed on a car’s window …
What is the Difference Between Gross Capitalized Cost and MSRP?Read More »
A lease price is quite often negotiated lower than the MSRP. The lease price, which in technical leasing terms is known as the “selling price” or “gross capitalized cost,” is used to come up with the monthly car lease payment. The lower the selling price of a car, the lower the monthly car lease payment. …
When shopping for a new car to lease, many people tend to visit car dealerships without much prior preparation or knowledge about car leasing and what it entails. Most people will probably have a fair idea of the make and model vehicle they are interested in leasing, but knowing this piece of information by itself …
The residual value of your car is determined at the time of the signing of your lease agreement. The dealer uses this residual value to calculate your monthly car lease payment. Therefore, the residual value of a car that you are interested in leasing or that you have already leased becomes identifiable as soon as …
Taxes on monthly car lease payments are calculated on the base monthly payment or the base rent. The base monthly payment includes the depreciation charge and the finance charge. Together, the depreciation charge and the finance charge make up the base monthly payment which is paid to the lessor or leasing company every month until …
The car lease rent charge is one of the several components of a monthly car lease payment. There are three different components that make up a monthly auto lease payment which include the rent charge, the depreciation charge, and sales tax. The rent charge, also known as the finance fee or leasing fee, is the …
