Legal terms are always hard to understand, even when it comes to car lease takeover! But you’ve got swallow this painful part if you wanna take over a leased car. Otherwise, you dive into a bad contract which costs you more than a brand new car!
So to avoid the bad contract, let’s dive into it let’s learn them.
Adjusted Capitalized Cost
Adjusted capitalized cost is the cap cost minus the cap reduction (you will read about both below)
This is the figure that the leasing company will use to define your monthly payments.
Acquisition Fee
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