<p><strong>Understanding the current leasing terminology</strong></p> <ol> <li>Consumer report reviews, always the same winners</li> <li>Different terminology</li> <li>Stick to a short term</li> <li>Research is key</li> <li>Leasing terminology</li> <li>Closed end</li> <li>Open end</li> <li>Divide or multiply by 2400 for the interest rate or factor</li> <li>Acquisition, inception, termination</li> <li>Guaranteed resale value</li> <li>Capitalized cost</li> <li>residual</li> <li>sign and drive</li> <li>Wear and tear</li> <li>Annual mileage allowance</li> <li>Term is important</li> <li>No trading elsewhere now</li> </ol>

Understanding the current leasing terminology Consumer report reviews, always the same winners Different terminology Stick to a short term Research is key Leasing terminology Closed end Open end Divide or multiply by 2400 for the interest rate or factor Acquisition, inception, termination Guaranteed resale value Capitalized cost residual sign and drive Wear and tear Annual mileage allowance Term is important No trading elsewhere now

Understanding the current leasing terminology

Advice on buying a car, truck or motorcycle.  How to save money and avoid the hassles when purchasing or leasing a vehicle. Information about every aspect of an automotive purchase. Financing, trade-in value, advertising and many other topics.

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Advice on buying a car, truck or motorcycle. How to save money and avoid the hassles when purchasing or leasing a vehicle. Information about every aspect of an automotive purchase. Financing, trade-in value, advertising and many other topics.

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Understanding the current leasing terminology

Understanding the current leasing terminology