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This is a podcast about Buying smart and Saving big on a new or used car, truck, motorcycle, boat, motor home etc.  Avoid the hassles and Get the deal you want!  Everyone saves with Deal Talk

Apr 3, 2022

Understanding the current leasing terminology

  1. Consumer report reviews, always the same winners
  2. Different terminology
  3. Stick to a short term
  4. Research is key
  5. Leasing terminology
  6. Closed end
  7. Open end
  8. Divide or multiply by 2400 for the interest rate or factor
  9. Acquisition, inception, termination
  10. Guaranteed resale value
  11. Capitalized cost
  12. residual
  13. sign and drive
  14. Wear and tear
  15. Annual mileage allowance
  16. Term is important
  17. No trading elsewhere now