Car Leasing Glossary - Sublease

Sub Vented Lease (car leasing term)

A lease that is subsidized by the manufacturer or other lessor. Many sub vented leases offer lower monthly payments by utilizing a higher residual value than other lessors, or by offering a lower rent portion of the monthly payment.

A sub vented lease is a special lease offered by manufacturers with special incentives to make it more attractive. These special incentives often take the form of a lower base interest rate, higher residual values, and manufacturer discounts. In many cases, a sub vented lease will have a lower net interest rate than other leases. Sub vented leases are usually available for a limited time and the terms are not negotiable. Any negotiated change in the terms will result in a different net interest rate.

Car Leasing Subvention