Remove Capitalized Cost Remove Capitalized Cost Reduction Remove Lessee
article thumbnail

Can I adjust the down payment on a lease?

Shawn Ryder

When considering whether to lease a vehicle, many potential lessees focus on monthly payments, terms, and other costs. However, the down payment, also referred to as a capitalized cost reduction, is the initial amount you pay upfront to lower your monthly payments. Can You Adjust the Down Payment on a Lease?

article thumbnail

Can I lease a new Honda Civic Sport without a sign-on?

Shawn Ryder

However, many potential lessees often find themselves asking, Can I lease a new Honda Civic Sport without a sign-on fee? 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).

article thumbnail

Navigating Zero Down Car Leases

Your Car Buying Advocate

Key Terms to Understand for Zero Down Car Leases Two critical terms associated with leasing are: Capitalized Cost: This refers to the negotiated price of the leased vehicle. We will assess any additional costs or fees (e.g., While it is subject to negotiation, it sets the foundation for determining monthly payments.