Shawn Ryder

JANUARY 18, 2025

When considering whether to lease a vehicle, many potential lessees focus on monthly payments, terms, and other costs. However, one significant factor that often gets overlooked is the down payment. The question arises: **Can I adjust the down payment on a lease?** Can You Adjust the Down Payment on a Lease?

Down Payment 52

Down Payment Capitalized Cost Reduction Lease Payment Lessee 52

Shawn Ryder

JANUARY 18, 2025

Typically, when leasing, you’ll come across various requirements including credit checks, proof of income, and possibly a sign-on fee (often referred to as a down payment or capitalized cost reduction). This fee can reduce the monthly payments but is not always necessary. What is a Sign-On Fee?

Down Payment 52

Down Payment Capitalized Cost Reduction Pre-Qualify Lessee 52

Your Car Buying Advocate

DECEMBER 5, 2023

When you start leasing a vehicle, you must make a down payment. However, this down payment is significantly lower compared to buying a car outright. No Down Payment, Manufacturer’s First Payment: Honda and Acura may pay the first month’s payment, so you can have a zero down payment with only initial fees.

Mileage Limit 52

Mileage Limit Down Payment Capitalized Cost Capitalized Cost Reduction 52

Shawn Ryder

JANUARY 21, 2025

Initial Payment: Many leases require an upfront payment, which could be akin to a down payment but usually termed as a “capitalized cost reduction.” Mileage Limit: Leases typically include a mileage limit (commonly 12,000 to 15,000 miles per year).

Mileage Limit 52

Mileage Limit Capitalized Cost Reduction Capitalized Cost Lease Payment 52