Meaning gross capitalized cost
What does gross capitalized cost mean? Here you find 8 meanings of the word gross capitalized cost. You can also add a definition of gross capitalized cost yourself
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gross capitalized costDefinition In car leasing, the price the buyer and the dealer have agreed to for the car, plus any service contracts, insurance, and other items for which the buyer is paying the dealer.
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gross capitalized costThe agreed value of the vehicle at the time you lease it, which generally may be negotiated, plus any items you agree to pay for over the lease term (amortized amounts), such as taxes, fees, service c [..]
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gross capitalized costA price agreed to by a car dealer and buyer for a car lease including certain fees, service contracts, and insurance, which the buyer/lessee pays the dealer. Back to Top
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gross capitalized costAccording to 15 USCS Appx 12 CFR § 213.2 (f), [Title 15. Commerce and Trade; Chapter 41. Consumer Credit Protection; Consumer Leasing. (Regulation M)] the term gross capitalized cost means “the amount [..]
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gross capitalized costSee Capitalized Cost
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gross capitalized costSelling price of the car. Sometimes dealer acquisition fees are included in this amount.
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gross capitalized costThe 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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gross capitalized costThe total selling price of the vehicle (i.e., negotiated selling price plus optional equipment, extended warranties, etc.). Also referred to as “cap cost”.
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