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Ford F100 Pickup Trucks | Car, Auto,
Used Cars: Up-Front, Ongoing and End-of-Lease Costs
Prior balances. A {$} prior balance is
an amount due under a previous finance contract or lease agreement after the
value of the vehicle traded in on the lease is Car, Auto credited. A prior
loan balance (credit balance) or prior lease Ford F100 Pickup Trucks balance may be paid
at lease signing, or it may be capitalized. If the prior {$} balance is paid at
lease signing, it may be labeled as either a capitalized cost reduction or a
prior lease or loan balance. If the prior balance is Car, Auto capitalized,
it will be included in the gross capitalized cost Ford F100 Pickup Trucks and paid over
the term. If you choose to capitalize the prior balance, you will Car, Auto
increase your monthly payment and pay added rent Ford F100 Pickup Trucks charges.
Acquisition fee. An acquisition fee is a charge included in most leases
that is {$} either paid at lease signing or included in the gross capitalized
cost. It may be called a bank fee, an administrative fee, or an Car, Auto
assignment fee. This fee usually covers a variety of Ford F100 Pickup Trucks
administrative costs, such as the costs of obtaining a credit report, verifying
insurance Car, Auto coverage, checking the accuracy and completeness of the
Ford F100 Pickup Trucks lease documentation, and entering the lease in data processing
and accounting {$} systems.
Effect of capitalizing obligations and paying them over the term versus paying
them up front
Ford F100 Pickup Trucks | Car, Auto,
Used Cars: Up-Front, Ongoing and End-of-Lease Costs
Up-Front Costs, {$} continued:
Optional insurance and services. You may choose to purchase optional
insurance products and other services when you lease a vehicle:
Credit life and Car, Auto disability insurance. Unemployment
insurance. Gap coverage (if gap coverage is Ford F100 Pickup Trucks required,
premiums are included elsewhere in the lease) Vehicle maintenance or {$} service
contract or mechanical breakdown protection.
Other charges. Several other types of charges may be assessed at lease signing,
Car, Auto such as
Vehicle license and registration feesVehicle Ford F100 Pickup Trucks
title feeDealership documentation fee.
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