Lease Terms & Fees Crossword Puzzle

QUESTIONS LIST: net cap cost: the manufacturer's suggested retail price minus any manufacturer's discounts, customer down payments and trade net, use tax: tax on the payment in the lease, residual value: a vehicle's estimated worth at the end of a lease term, cap reduction: monies put down to lower the depreciation in a lease, lease: a long term rental agreement - more than 120 days, termination fee: fee charged by lender as a penalty for terminating a lease contract early, disposition fee: fee charged by the leasing company to clean and repair any minor damage on a vehicle for better resale value, lessee: the individual leasing the vehicle, non capitalize: items added into the customer cash due and are paid for by the customer at the time of lease signing, depreciation: this is the basis of the monthly payments. (net cap cost - residual = depreciation), capitalize: the amount the car is actually being financed for during the term of a lease, acquisition fee: an administrative fee charged by the leasing company at the start of a lease, lessor: the owner of the vehicle that will be leased.