The interest paid on a lease. It can be thought of as the equivalent of interest on a conventional installment loan. It is one of the factors used in establishing Base Monthly Payment. Also known as the Lease Charge.
The charge that applies in a lease agreement that is similar to the finance charge on an installment sale contract or interest on a loan. Also referred to as a lease charge.
In a lease, this is basically the total amount of interest you are paying. It is also known as the "lease charge."
The portion of the monthly lease payment that is in addition to the depreciation and amortized amounts.
When a consumer purchases a vehicle, this is referred to as a finance charge. This is the amount charged in addition to the depreciation and any amortized amounts.
A lease's equivalent to a regular auto loan's interest.
A term used to describe the lease fee or charge, most notably in the Federal Consumer Leasing Act Disclosures form
This is leasing's equivalent to interest on a conventional loan.