The Consumers Guide to Auto Leasing
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Car Leasing Glossary - Gross Capitalized Cost

Gross Capitalized Cost (car leasing term)

The negotiated price of the vehicle, plus any other amounts you agree to include in the capitalized cost, such as fees, insurance premiums, service contract premiums or prior vehicle loan or lease payoff.

The agreed-upon value of the vehicle, which generally may be negotiated, plus any items you agree to pay for over the lease term (amortized amounts), such as taxes, fees, service contracts, insurance, and any prior credit or lease balance.

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