The basis used to calculate lease payments, including the vehicle price, any associated fees, optional services, and then subtracting any cap cost reduction (down payment). Also known as Net Capitalized Cost. See definition for Capitalized Cost.

The difference between the gross capitalized cost and any capitalized cost reduction. Also referred to as the Adjusted Capitalized Cost. This amount is used to calculate the lease payment.

The "capitalized cost" (car's price), minus any deductions to reduce the price of the car. Common deductions are the downpayment, trade-in credit and manufacturer's rebate. The adjusted capitalized cost is used to calculate your monthly payment. It is similar to the "amount financed" in a purchase transaction.

Also called Net Capitalized Cost. This is the "capitalized cost" (selling price), less deductions to reduce the price of the car, like down payment, non-cash credits, trade-in credit, and rebate. Adjusted cap cost is used to calculate your base monthly payment. Think of it as "amount financed".

The difference between the gross capitalized cost and the capitalized cost reduction. This is the amount used to calculate the lease payment.

This is the amount used in calculating your base monthly payment. It is the Gross Capitalized Cost minus any Capitalized Cost Reduction.

The final amount on which lease payments are calculated Read more

The original asking price of the vehicle minus any price reductions negotiated between the dealer and the customer. If a down payment is made, that amount is subtracted as well. This is the basic lease component that is used to calculate lease payments. Also known as Net Capitalized Cost. See definition for Capitalized Cost.

The amount used as the basis for calculating the base monthly payment when you lease a vehicle. The adjusted capitalized cost is equal to the gross capitalized cost minus any capitalized cost reductions.

The net amount capitalized at the beginning of a lease, equal to the capitalized cost less the capitalized cost reduction. Also referred to as Adjusted Cap Cost.

The amount capitalized at the beginning of the lease, equal to the gross capitalized cost minus the capitalized cost reduction. This amount is sometimes referred to as the net cap cost

The amount capitalized at the beginning of the lease, after adding any fees or other charges to be included, and subtracting any capitalized cost reductions, such as rebates, trade-in allowances and cash reductions.

The adjusted capitalized cost is the amount of the vehicle after any discounts or down payments. This is the amount that will be financed. This is also known as Net Capitalized Cost.

The final amount on which lease payments are calculated. This is the figure arrived at by subtracting the capitalized cost reduction from the gross capitalized cost. Let's say you plan to lease a new sport utility vehicle where the negotiated value plus taxes and fees comes to $19,005. To lower your payments, or because the deal requires it, you make an up-front payment of $5,000 and factor in a $1,000 manufacturer rebate. The adjusted capitalized cost then becomes $13,005.