Capitalized Cost Reduction Deal Mileage Limit 
Shawn Ryder
JANUARY 21, 2025
Mileage Limit: Leases typically include a mileage limit (commonly 12,000 to 15,000 miles per year). Exceeding this limit may result in significant penalties. Initial Payment: Many leases require an upfront payment, which could be akin to a down payment but usually termed as a “capitalized cost reduction.”
Your Car Buying Advocate
DECEMBER 5, 2023
He loves to teach consumers the ins and outs of making great car deals. This guide helps explain zero down lease deals. It covers the different types of these deals and provides information on what to consider when entering into them. If the actual market value is higher than the residual value, it might be a good deal.
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