A fee charged by the leasing company, usually $250 - $500 and is sometimes amortized in the monthly payment. Sometimes you pay the fee up front at inception. It's pretty hard to negotiate out eit [..]

Another fee they tack on for the leasing company. They should call it the put my wife in a Beamer fee. See also Dealer Service Fee.

The part of your monthly payment that is made up of just the depreciation during the lease. This is calculated as (Net Capitalized Cost - Residual) ÷ (number of months in lease). The base monthly paym [..]

The selling price of the car, options, warranties, insurance, rust proofing, or other goodies. Think of this as the value of your car at the beginning of the lease, whereas the residual value is the v [..]

A fancy name for cash down. It's anything that reduces the capitalized cost before the monthly payment is calculated. It includes cash down, trade-in credit and manufacturer's rebate, etc. U [..]

The only kind of lease you ever want to get. At the end just return the car, no obligations. You can buy it if you like at the residual value, but no obligated.

A useless fee tacked on for more profit. If they lease you the car at MSRP, they are already making too much money. They should call it the put my wife in a Beamer fee. See also Bank Fee.

The drop in value that the car is predicted to have during your lease. It's the difference between the adjusted capitalized cost and the residual value. Depreciation is part of what your monthly [..]

A charge by the leasing company at lease end to "fix it up for resale." Many people don't realize this fee is not declared on the first page of the lease with the other numbers, [..]

The amount of cash you put down to reduce the capitalized cost, and hence your monthly payments. It is subtracted from the car's capitalized cost, before the monthly payment is calculated.