The Consumers Guide to Auto Leasing
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Car Leasing Glossary - Rent Charge

Rent Charge (car leasing term)

The portion of the monthly lease payment that is in addition to the depreciation and amortized amounts.

The portion of your base monthly payment that is not depreciation or any amortized amounts. This charge is similar to interest on a loan.

Car Leasing Residual Penalty Car Leasing Residual Penalty

 
   
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