Read the accompanying article here [ Ссылка ]
CORRECTIONS: At 4:50, the adjusted capitalized cost is the proper analog for "amount of the loan" (also called "amount financed") and is used to compute monthly payments. My dialog misidentified this amount as "gross capitalized cost." In this example they are the same. But if there's a trade in, or a rebate, or a dealer concession, these reduce the adjusted cap cost (not gross) and the adjust cap cost is the amount that will figure into the monthly payments. Also, the depreciation is calculated by subtracting the residual value from the agreed upon value (not the other way around, as I said in the video).
DESCRIPTION: The vocabulary of auto leasing is different from the vocabulary of auto purchase. Because there is no purchase, and no loan, it would be improper to use terms like "price," or "amount financed," or "down payment," or "interest rate." Instead, typical motor vehicle leases use terms like "agreed value of the vehicle." This video explains the vocabulary of leasing, the analogous terms in purchasing, and tells you how to calculate if you're getting a good deal on your lease financing.
